NOT LISTED FOR SALE

Estimated Value: $1,016,000 - $1,398,000

0.11 Acre
$10,413,868 Price per Acre
5,001 Sq Ft Lot

Last Sold March 29, 2021

Last sale price $875,000 $1,764 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $7,612/month

72 Days on Market

About This Lot

As of March 2021

Prime Ocean Beach development site just blocks to the beach. This property is fully entitled for a 7,340 sf building including an 1880 sf commercial space, a 500 sf commercial space, a 1300 sf 2BR/2Ba and a 1054 sf 2Br/2Ba. The lot is currently improved with an older building of approximately 700 sf which was used as an office and also a dwelling. The CC-4-2 allows for mixed use improvements. Great lot to develop or to use as a commercial yard.

Last Listed By

Dave Zarella

Dave Zarella & Associates License #01179291 Listed on: 01/15/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,430

Year Built

  • 1941

Lot Details

  • 5,001 Sq Ft Lot
  • Level Lot
  • Property is zoned CC-4-2

Listing and Financial Details

  • Assessor Parcel Number 448-332-22-00

Property Details

Property Type

Land

Est. Annual Taxes

$11,430

Year Built

1941

Lot Details

0

Listing Details

  • Class: Commercial-Lnd/Rn/Grv
  • Type: Com-Lnd/Rn/Grv
  • Type of Land: Level-Rectangle
  • Market Area: Coastal South
  • Price Per Sq Ft: 180.0
  • Have: CC-4-2 Lot w/ Sm Building
  • Motive Want: Sell
  • Sale Price List Price: 0.97
  • Special Zones: Coastal Zone
  • Subordinate: Seller Will Not Sub.
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1941

Utilities

  • Utilities Available: Electric, Natural Gas, Sewer, Water

Lot Info

  • Topography: Level
  • Zoning: CC-4-2
  • Estimated Lot Dimensions: 50' x 100'
  • Estimated Number of Acres: 0.1148
  • Assessor Parcel Number: 448-332-22-00
  • Current Use: Residential
  • Improvements: Curbs, Electric, Gas, Sewer, Water
  • Price Per Acre: 7840800.0
  • Tract Name: Ocean Beach Park
  • Map Code Column: J
  • Map Code Page: 1267
  • Map Code Row: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 9, 2021
Sold by
Hoff Scott and Hoff Barbara G
Bought by
Atkinson John
Seller's Agent
Dave Zarella
Dave Zarella & Associates
List Price
$899,900
Sold Price
$875,000
Premium/Discount to List
-$24,900
-2.77%
Total Days on Market
72
Current Estimated Value
$1,195,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,512
Avg. Annual Appreciation
7.81%

Purchase Details

Closed on
Aug 20, 2019
Sold by
Teddydog Properties Llc
Bought by
Hoff Scott and Hoff Barbara G

Purchase Details

Closed on
Jan 25, 2012
Sold by
Staniforth Raymond and Staniforth Ray
Bought by
Teddydog Prop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 27, 2006
Sold by
Staniforth Ray
Bought by
Staniforth Ray

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
Atkinson John $875,000 First American Title
Hoff Scott -- Accommodation
Teddydog Prop Llc $507,500 Chicago Title Company
Staniforth Raymond -- Chicago Title Company
Staniforth Ray -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Teddydog Prop Llc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2021 03/29/21 Sold $875,000 0.0% $1,764 / Sq Ft
01/18/2021 01/18/21 Off Market $875,000 -- --
01/15/2021 01/15/21 For Sale $899,900 -- $1,814 / 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
2024 $11,430 $928,557 $928,557 --
2023 $11,179 $910,350 $910,350 $0
2022 $10,883 $892,500 $892,500 $0
2021 $11,854 $959,842 $959,842 $0
2020 $11,716 $950,000 $950,000 $0
2019 $7,073 $571,432 $506,690 $64,742
2018 $6,613 $560,228 $496,755 $63,473
2017 $6,456 $549,244 $487,015 $62,229
2016 $6,353 $538,475 $477,466 $61,009
2015 $6,259 $530,388 $470,295 $60,093
2014 $6,161 $519,999 $461,083 $58,916
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210001159

San Diego MLS

APN: 448-332-22