NOT LISTED FOR SALE

501 Pine Needles Dr Del Mar, CA 92014

Estimated Value: $6,355,814 - $7,170,000

5 Beds
7 Baths
4,245 Sq Ft
$1,573/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $4,250,000 $1,001 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $38,880/month

41 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Two Primary Bedrooms
  • Del Mar Heights School Rated A+
  • In Ground Pool
  • Living Room with Fireplace

About This Home

As of December 2020

Exceptional down to the smallest detail, this incomparable 5 bedroom, 6 bathroom Modern Craftsman home wrapped in custom stacked stone masonry offers relaxation, recreation, gathering and privacy, and a seamless indoor-outdoor experience. Elegantly tucked into the native landscape of Olde Del Mar, in walking distance of the beach and Del Mar village, this 4,245 square foot home was built with every facet of Southern California living in mind. Take in ocean views from this beautiful home. See supplement.. Exceptional down to the smallest detail, this incomparable Modern Craftsman home, wrapped in custom stacked stone masonry, offers relaxation, recreation, gathering and privacy. Along with a seamless indoor-outdoor experience. Elegantly tucked into the native landscape of Olde Del Mar, within walking distance to the beach and the Del Mar Village, this 4,245 square foot, 5 bedroom, 6 bathroom home was built with every facet of Southern California living in mind. Take in ocean views from the generous front-facing balcony, spanning the length of the master suite and great room. Entertain in the sumptuous backyard, featuring a covered cabana and stone fireplace. Sit poolside on the lush lawn and lap pool area, surrounded by tall palms, cypresses and native Torrey pines. Cook outdoors on the built-in BBQ with smoker and rotisserie, or make a family dinner in the well-lit, sparkling white kitchen, using the professional grade stove with dual convection oven, plate heater and griddle. Relax in the separate large spa with seating for 10, featuring a waterfall feature, colored lights and spa jets. Preview the latest films in your multi-tiered theater room, featuring a cinema 4K projector, AV receiver and cinema lighting. Sample wines from your private, wine cellar. Relax in your master suite, bathed in the colors of the sunset streaming in through deck-facing glass accordion doors. Refresh in the sunken bath or separate glass shower and new all-wood His & Hers walk-in closet with fashion lighting, hanging rods, a pull-out mirror, tie/belt rack and private safe. Sit fireside in the great room, by the large stone fireplace or at the adjacent dining area. Enjoy the overall casual, natural and warm ambience reflected both inside and outside this well-blended space of rich, glowing Hickory wood floors, newly painted white walls and ceilings, dotted with recessed lights throughout. Feel well attended to, with a brand new roof, installed in 2020, 2-zone heating and air conditioning with a brand new high-capacity quiet and efficient A/C wall unit. Appreciate the two-car well-appointed garage atop the stone driveway. The multi-zone audio system wired throughout the home and zoned for separate areas. The water filter/softener system. And the conveniently located laundry shoot to the large laundry room, with tons of folding and hanging space, as well as additional storage. Close to beaches, the I-5, fine dining and shopping, this home offers something special for everyone and room all, in the most-coveted neighborhood of Southern California.

Last Agent to Sell the Property

Brett Combs

Compass License #01347012 Listed on: 10/08/2020

Compass

Last Buyer's Agent

Ryan McGovern

Barry Estates License #01810974

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 0.26 Acre Lot
  • Partially Fenced Property
  • Gentle Sloping Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Flat Roof Shape
  • Wood Siding

Interior Spaces

  • 4,245 Sq Ft Home
  • 2-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Home Theater
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Double Master Bedroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Outdoor Fireplace

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 301-025-01-00

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Coastal North
  • Cross Street: Hidden Pines
  • Neighborhood: Olde Del Mar
  • Supplement: Exceptional down to the smallest detail, this incomparable Modern Craftsman home, wrapped in custom stacked stone masonry, offers relaxation, recreation, gathering and privacy. Along with a seamless indoor-outdoor experience. Elegantly tucked into the native landscape of Olde Del Mar, within walking distance to the beach and the Del Mar Village, this 4,245 square foot, 5 bedroom, 6 bathroom home was built with every facet of Southern California living in mind. Take in ocean views from the generous front-facing balcony, spanning the length of the master suite and great room. Entertain in the sumptuous backyard, featuring a covered cabana and stone fireplace. Sit poolside on the lush lawn and lap pool area, surrounded by tall palms, cypresses and native Torrey pines. Cook outdoors on the built-in BBQ with smoker and rotisserie, or make a family dinner in the well-lit, sparkling white kitchen, using the professional grade stove with dual convection oven, plate heater and griddle. Relax in the separate large spa with seating for 10, featuring a waterfall feature, colored lights and spa jets. Preview the latest films in your multi-tiered theater room, featuring a cinema 4K projector, AV receiver and cinema lighting. Sample wines from your private, wine cellar. Relax in your master suite, bathed in the colors of the sunset streaming in through deck-facing glass accordion doors. Refresh in the sunken bath or separate glass shower and new all-wood His & Hers walk-in closet with fashion lighting, hanging rods, a pull-out mirror, tie/belt rack and private safe. Sit fireside in the great room, by the large stone fireplace or at the adjacent dining area. Enjoy the overall casual, natural and warm ambience reflected both inside and outside this well-blended space of rich, glowing Hickory wood floors, newly painted white walls and ceilings, dotted with recessed lights throughout. Feel well attended to, with a brand new roof, installed in 2020, 2-zone heating and air conditioning with a brand new high-capacity quiet and efficient A/C wall unit. Appreciate the two-car well-appointed garage atop the stone driveway. The multi-zone audio system wired throughout the home and zoned for separate areas. The water filter/softener system. And the conveniently located laundry shoot to the large laundry room, with tons of folding and hanging space, as well as additional storage. Close to beaches, the I-5, fine dining and shopping, this home offers something special for everyone and room all, in the most-coveted neighborhood of Southern California.
  • LP / Sq Ft: 1106.01
  • Price Per Sq Ft: 1001.18
  • SP/ Sq Ft: 1001.18
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 2000
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal, Garage Door Opener, Microwave, Pool/Spa/Equipment, Range/Oven, Refrigerator
  • Fireplaces: 2
  • Fireplace: Fp In Living Room, Outdoors
  • Searchable Rooms: Bedroom Entry Level, Master Bdrm 2, Master Retreat, Home Theatre, Separate Family Room
  • Total Bedrooms: 5
  • Bedrooms: 5
  • Master Bedroom Dimensions: 18x16
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 4245
  • Total Bathrooms: 7

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Pool: Below Ground, Private
  • Roof: Flat
  • View: Ocean

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Parking Spaces Total: 6

Utilities

  • Cooling: Zoned Area(s)
  • Laundry Utilities: Gas & Electric Dryer HU
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Fireplace, Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: DEL MAR

Lot Info

  • Lot Size: .25 to .5 AC
  • Topography: Slope Gentle
  • Assessor Parcel Number: 301-025-01-00
  • Estimated Lot Sq Ft: 11500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Dec 8, 2020
Sold by
501 Trust and Vasquez Francisco
Bought by
Rga-Ea Revocable Trust and Alvarez
Seller's Agent
Brett Combs
Compass
Buyer's Agent
Ryan McGovern
Barry Estates
List Price
$4,695,000
Sold Price
$4,250,000
Premium/Discount to List
-$445,000
-9.48%
Current Estimated Value
$6,677,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,427,204
Avg. Annual Appreciation
9.38%

Purchase Details

Closed on
May 23, 2018
Sold by
Vasquez Francisco and Vasquez Lydia Bartell
Bought by
Shih Wendy Wen Hsin and The Wendy Wen Hsin Shih Separa

Purchase Details

Closed on
Jan 18, 2017
Sold by
Vactex Holdings Inc
Bought by
Seltzer Brian T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 19, 2012
Closed on
Jan 9, 2013
Sold by
Bolitho D Glynn and Bolitho Colette J
Bought by
Vactex Holdings Inc
Seller's Agent
Wendy Ramp
Berkshire Hathaway HomeService
Buyer's Agent
Catherine Barry
Barry Estates
List Price
$4,600,000
Sold Price
$3,960,000
Premium/Discount to List
-$640,000
-13.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%
Original Mortgage
$2,376,000
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2004
Sold by
Figueroa Michael N
Bought by
Bolitho D Glynn and Bolitho Colette J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2002
Sold by
Day H Alan
Bought by
Figueroa Michael N and Desprit Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 28, 2000
Sold by
Day Gail
Bought by
Day H Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,500
Interest Rate
8.47%

Purchase Details

Closed on
Nov 28, 2000
Sold by
Goodkin Family Trust 10-19-79 and Sanford R
Bought by
Day H Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,500
Interest Rate
8.47%

Purchase Details

Closed on
Aug 18, 1994
Sold by
Goodkin Sanford R and Goodkin Frances A
Bought by
Goodkin Sanford R and Goodkin Frances A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Rga-Ea Revocable Trust $4,250,000 Chicago Title
Shih Wendy Wen Hsin -- None Available
Seltzer Brian T $3,382,500 Stewart Title Of Ca Inc
Vactex Holdings Inc $3,960,000 Corinthian Title Company
Bolitho D Glynn $2,050,000 First American Title Co
Figueroa Michael N $2,210,000 --
Day H Alan -- First American Title
Day H Alan $1,250,000 First American Title
Goodkin Sanford R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seltzer Brian T $1,000,000
Previous Owner Vactex Holdings Inc $2,376,000
Previous Owner Bolitho D Glynn $1,000,000
Previous Owner Figueroa Michael N $2,000,000
Previous Owner Day H Alan $812,500
Closed Bolitho D Glynn $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2020 12/17/20 Sold $4,250,000 -9.5% $1,001 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $4,695,000 +18.6% $1,106 / Sq Ft
01/31/2013 01/31/13 Sold $3,960,000 -13.9% $930 / Sq Ft View Prior Sale
01/01/2013 01/01/13 Pending -- -- --
11/19/2012 11/19/12 For Sale $4,600,000 -- $1,081 / 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 $47,990 $4,600,336 $2,976,688 $1,623,648
2024 $47,990 $4,510,134 $2,918,322 $1,591,812
2023 $46,933 $4,421,700 $2,861,100 $1,560,600
2022 $46,256 $4,335,000 $2,805,000 $1,530,000
2021 $44,545 $4,250,000 $2,750,000 $1,500,000
2020 $38,364 $3,589,535 $2,228,536 $1,360,999
2019 $37,609 $3,519,153 $2,184,840 $1,334,313
2018 $35,940 $3,450,150 $2,142,000 $1,308,150
2017 $43,784 $4,201,718 $2,970,912 $1,230,806
2016 $42,349 $4,119,332 $2,912,659 $1,206,673
2015 $41,712 $4,057,457 $2,868,909 $1,188,548
2014 $40,847 $3,977,978 $2,812,712 $1,165,266
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200047862

San Diego MLS

APN: 301-025-01