Colin Farris
Keller Williams OC Coastal Realty
(949) 541-0527
41 Total Sales
1 in Central San Clemente
$1,200,000 Price
501 Monterey Ln San Clemente, CA 92672
Central San Clemente Neighborhood
5
Beds
4
Baths
2,902
Sq Ft
4,792
Sq Ft Lot
Highlights
- White Water Ocean Views
- 4-minute walk to San Clemente Pier
- Ocean Side of Highway 1
- Clarence Lobo Elementary School Rated A-
- Solar Power System
- 3-minute walk to Parque del Mar
About This Home
As of March 2020This is a very rare opportunity to acquire a magnificent Ocean View Fourplex in San Clemente's coveted "Pier Bowl" . The property sits on a prime elevated lot just steps away from the Historic Pier, the Beach Trail and the pristine sandy beach . Commanding view of the surf and the ocean to Catalina and beyond are enjoyed from inside the property and from the expansive common area and surrounding decks. Pride of ownership is evident throughout ; Apart from numerous interior upgrades the exterior stucco has been finished with Loxon paint, vinyl dual pane windows have been installed and the Solar Panels have been paid for to ensure very low utility bills. The property is in the Pier Bowl Specific zone and is zoned to allow short term vacation rentals.
Last Agent to Sell the Property
Coldwell Banker Realty License #01274376 Listed on: 10/31/2019
Last Buyer's Agent
Patrick Dailey
Realty One Group West License #01929664
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1953
Lot Details
- 4,792 Sq Ft Lot
- No Common Walls
- Corner Lot
- Rectangular Lot
Parking
- 4 Open Parking Spaces
- 4 Car Garage
Property Views
- White Water Ocean
- Coastline
- Views of a pier
- Catalina
- Panoramic
- City Lights
Home Design
- Quadruplex
- Craftsman Architecture
- Slab Foundation
- Composition Roof
- Stucco
Interior Spaces
- 2,902 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Double Pane Windows
- Insulated Windows
- Tile Flooring
- Laundry in Garage
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Home Security
- Closed Circuit Camera
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Eco-Friendly Details
- Solar Power System
- Solar owned by seller
Outdoor Features
- Ocean Side of Highway 1
- Exterior Lighting
- Outdoor Storage
Location
- Property is near public transit
- Urban Location
Utilities
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 1 / 4
- Tax Tract Number 785
- Assessor Parcel Number 69203313
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $180
- Fuel Expense $1,572
- Insurance Expense $3,432
- Maintenance Expense $4,135
- Trash Expense $480
- Water Sewer Expense $2,520
- New Taxes Expense $25,850
- Operating Expense $38,205
- Gross Income $153,600
- Net Operating Income $115,395
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 31, 2019
Closed on
Mar 17, 2020
Sold by
Bought by
Seller's Agent
Louis Dillon
Coldwell Banker Realty
Buyer's Agent
Patrick Dailey
Realty One Group West
List Price
$2,350,000
Sold Price
$2,250,000
Premium/Discount to List
-$100,000
-4.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,472,500
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 31, 2019
Closed on
Feb 4, 2020
Sold by
Bought by
Seller's Agent
Louis Dillon
Coldwell Banker Realty
Buyer's Agent
Patrick Dailey
Realty One Group West
List Price
$2,350,000
Sold Price
$2,250,000
Premium/Discount to List
-$100,000
-4.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,472,500
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 15, 2015
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$717,500
Interest Rate
3.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 23, 2005
Sold by
Bought by
Purchase Details
Closed on
Dec 21, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$923,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 9, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Central San Clemente, CA
-
Colin Farris
-
Tyler Bowman
Tyler Bowman
Engel & Völkers Dana Point
(949) 832-6059
49 Total Sales
1 in Central San Clemente
$1,400,000 Price
-
Susan Helton
Susan Helton
Berkshire Hathaway HomeService
(949) 704-5253
10 Total Sales
1 in Central San Clemente
$1,625,000 Price
-
Teresa Gorman
Teresa Gorman
Fiduciary Real Estate Services
(949) 569-5182
78 Total Sales
4 in Central San Clemente
$1.5M - $1.9M Price Range
-
Bob Arthur
Bob Arthur
Re/Max Coastal Homes
(949) 755-7664
55 Total Sales
2 in Central San Clemente
$1,730,000 Price Range
-
Candice Blair
Candice Blair
Coldwell Banker Realty
(949) 744-5263
109 Total Sales
3 in Central San Clemente
$1,875,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Accommodation | ||
| $2,250,000 | Equity Title Company | ||
| -- | Fatcola | ||
| -- | Accommodation | ||
| -- | -- | ||
| $1,420,000 | Chicago Title Co | ||
| -- | First American Title Lenders | ||
| -- | First American Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,472,500 | ||
| Previous Owner | $717,500 | ||
| Previous Owner | $742,320 | ||
| Previous Owner | $801,950 | ||
| Previous Owner | $923,000 | ||
| Previous Owner | $305,000 | ||
| Previous Owner | $280,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/25/2020 03/25/20 | Sold | $2,250,000 | -4.3% | $775 / Sq Ft |
| 02/01/2020 02/01/20 | Pending | -- | -- | -- |
| 10/31/2019 10/31/19 | For Sale | $2,350,000 | -- | $810 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $25,942 | $2,620,262 | $2,231,039 | $389,223 |
| 2025 | $24,513 | $2,568,885 | $2,187,293 | $381,592 |
| 2024 | $24,513 | $2,419,928 | $2,144,405 | $275,523 |
| 2023 | $23,994 | $2,372,479 | $2,102,358 | $270,121 |
| 2022 | $23,537 | $2,325,960 | $2,061,135 | $264,825 |
| 2021 | $23,083 | $2,280,353 | $2,020,720 | $259,633 |
| 2020 | $18,333 | $1,809,871 | $1,682,425 | $127,446 |
| 2019 | $17,972 | $1,774,384 | $1,649,436 | $124,948 |
| 2018 | $17,627 | $1,739,593 | $1,617,094 | $122,499 |
| 2017 | $17,283 | $1,705,484 | $1,585,386 | $120,098 |
| 2016 | $14,415 | $1,421,350 | $1,309,261 | $112,089 |
| 2015 | $14,198 | $1,400,000 | $1,289,594 | $110,406 |
| 2014 | $12,179 | $1,200,000 | $1,089,594 | $110,406 |
Source: Public Records
Agents Affiliated with this Home
-
Louis Dillon
Seller's Agent in 2020
Louis Dillon
Coldwell Banker Realty
(949) 291-5306
4 in this area
33 Total Sales
-
P
Buyer's Agent in 2020
Patrick Dailey
Realty One Group West
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC19256071
APN: 692-033-13
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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