NOT LISTED FOR SALE

Estimated Value: $1,525,000 - $2,048,000

4 Beds
2 Baths
1,370 Sq Ft
$1,230/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $667,500 $487 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $10,327/month

33 Days on Market

Highlights

  • 1-Story Property
  • Partially Fenced Property
  • Level Lot
  • Sunset View Elementary School Rated A

About This Home

As of June 2013

VACATION RENTAL POTENTIAL! Charming 2-unit property just a block from Sunset Cliffs and the ocean. Beach lifestyle at its finest! Spend your mornings sipping coffee at Java Beach, grab a sandwich at the Sea Trader and spend the afternoon walking along the cliffs! Each unit has their own outdoor patio/deck area as well as newer bathrooms and kitchens. Nice open beam ceilings and lots of windows to let the sun shine in!

Last Agent to Sell the Property

Jen Rix

Coldwell Banker West License #01714533 Listed on: 04/10/2013

Coldwell Banker West

Last Buyer's Agent

Jeannine Savory

The Agency License #01310559

The Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,439

Year Built

  • 1957

Lot Details

  • 2,500 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Rolled or Hot Mop Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for sewer, trash, water, cable TV, electricity, gas/propane
  • Assessor Parcel Number 448-451-05-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,439

Year Built

1957

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Coastal South
  • Cross Street: Sunset Cliffs
  • Neighborhood: Sunset Cliffs
  • Stories: 1 Story
  • Sale Price List Price: 0.95
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1957

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Rolled/Hot Mop

Utilities

  • Sewer/Septic: Sewer Connected
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: OCEAN BEACH

Lot Info

  • Lot Size: 1-3,999 SF
  • Topography: Level
  • Assessor Parcel Number: 448-451-05-00
  • Land Use Code: 2
  • Estimated Lot Sq Ft: 2500

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2015
Sold by
Olson Charles
Bought by
Herbert Daniel C and Herbert Vanessa A
Current Estimated Value
$1,712,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$473,208
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$1,108,962

Purchase Details

Listed on
Apr 10, 2013
Closed on
May 20, 2013
Sold by
Gullahorn Olson Leslie
Bought by
Olson Charles
Seller's Agent
Jen Rix
Coldwell Banker West
Buyer's Agent
Jeannine Savory
The Agency
List Price
$699,000
Sold Price
$667,500
Premium/Discount to List
-$31,500
-4.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$625,625
Interest Rate
3.48%
Mortgage Type
VA

Purchase Details

Closed on
Oct 18, 2010
Sold by
Carlson Darrell D
Bought by
Carlson Darrell D and Darrell D Carlson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,500
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2005
Sold by
Carlson Darrell
Bought by
Carlson Darrell D and Darrell D Carlson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,000
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2001
Sold by
Carlson Darrell D
Bought by
Carlson Darrell D and Darrell D Carlson Trust

Purchase Details

Closed on
Jul 2, 1997
Sold by
Federal National Mortgage Association
Bought by
Carlson Darrell D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
7.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 7, 1997
Sold by
Kotoulas George T
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 4, 1992
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Herbert Daniel C $800,000 Chicago Title Company Sd
Olson Charles -- Corinthian Title
Olson Charles $667,500 Corinthian Title
Carlson Darrell D -- Accommodation
Carlson Darrell D -- Fidelity National Title Co
Carlson Darrell D -- --
Carlson Darrell -- Fidelity National Title Co
Carlson Darrell D -- --
Carlson Darrell D -- Lawyers Title
Federal National Mortgage Association $128,000 Stewart Title Company
-- $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herbert Daniel C $600,000
Previous Owner Olson Charles $625,625
Previous Owner Carlson Darrell D $280,000
Previous Owner Carlson Darrell D $282,500
Previous Owner Carlson Darrell $298,000
Previous Owner Carlson Darrell D $166,000
Previous Owner Carlson Darrell D $180,000
Previous Owner Carlson Darrell D $167,500
Previous Owner Carlson Darrell D $175,000
Previous Owner Carlson Darrell D $177,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2013 06/28/13 Sold $667,500 -4.5% $487 / Sq Ft
05/13/2013 05/13/13 Pending -- -- --
04/10/2013 04/10/13 For Sale $699,000 -- $510 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,439 $947,030 $858,249 $88,781
2024 $11,439 $928,462 $841,421 $87,041
2023 $11,187 $910,258 $824,923 $85,335
2022 $10,889 $892,411 $808,749 $83,662
2021 $10,815 $874,914 $792,892 $82,022
2020 $10,684 $865,943 $784,762 $81,181
2019 $10,494 $848,965 $769,375 $79,590
2018 $9,810 $832,320 $754,290 $78,030
2017 $9,577 $816,000 $739,500 $76,500
2016 $9,425 $800,000 $725,000 $75,000
2015 $7,982 $683,925 $524,668 $159,257
2014 $7,855 $670,529 $514,391 $156,138
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 130017890

San Diego MLS

APN: 448-451-05