NOT LISTED FOR SALE

5015 Cape May Ave Unit 101 San Diego, CA 92107

Ocean Beach Neighborhood

Estimated Value: $730,000 - $879,994

2 Beds
2 Baths
910 Sq Ft
$445/mo HOA Fee

Last Sold May 13, 2022

Last sale price $795,400 $874 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,888/month

4 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Living Room
  • Ocean Beach Elementary School Rated A
  • Clubhouse
  • Laundry Facilities

About This Home

As of May 2022

Location, Location, Location! Live in the heart of Ocean Beach with walking distance to beautiful beaches, restaurants, shopping, coffee shops, parks and more. Stroll to the Farmers Market every Wednesday afternoon or watch the sunset from a local roof-top bar or the famous Sunset Cliffs just minutes from your house! Lay poolside all summer long in your private, gated building then retreat to your own light and bright ground floor unit. Come enjoy! Assigned parking spot #31. Laundry is communal, take elevator to basement to access. 1 pet is allowed up to 40lbs. Rental restrictions - no less than 30 days.

Last Listed By

JD Esajian

eXp Realty of California, Inc. License #01876262 Listed on: 04/19/2022

eXp Realty of California, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,109

Year Built

  • Built in 1967

Lot Details

  • Security Fence
  • Gated Home

HOA Fees

  • $445 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Stucco Exterior

Interior Spaces

  • 910 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Area

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Tandem Garage
  • Assigned Parking

Additional Features

  • In Ground Pool
  • Gravity Heating System

Listing and Financial Details

  • Assessor Parcel Number 448-101-42-01

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gated community, trash pickup, water
  • 30 Units
  • Cape May Towers Association, Phone Number (858) 602-3470
  • Cape May Towers Community

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,109

Year Built

Built in 1967

Lot Details

0

HOA Fees

$445 per month

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Attached Style: Mid Rise
  • Residential Styles: All Other Attached
  • Market Area: Coastal South
  • Cross Street: Bacon St
  • Neighborhood: Ocean Beach
  • Supplement: Assigned parking spot #31. Laundry is communal, take elevator to basement to access. 1 pet is allowed up to 40lbs. Rental restrictions - no less than 30 days.
  • LP / Sq Ft: 874.07
  • Price Per Sq Ft: 874.07
  • SP/ Sq Ft: 874.07
  • Stories: 1 Story
  • Stories In Building: 3
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Disposal, Microwave, Refrigerator, Electric Oven, Electric Range
  • Elevator: Yes
  • Searchable Rooms: Bedroom Entry Level, Dining Area, Kitchen, Living Room, Master Bedroom
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 14x13
  • Full Bathrooms: 2
  • Laundry Location: Community
  • Estimated Sq Ft: 910
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Gate, Security
  • Pool: Below Ground, Community/Common
  • Roof: Flat

Garage/Parking

  • Non Garage Parking: Assigned, Tandem
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Sewer/Septic: Sewer Connected
  • Heating: Wall/Gravity
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Cape May Towers
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 30
  • Total Number of Units: 30
  • Property Management Company: Menas HOA Management
  • Community: OCEAN BEACH
  • Complex Features: Clubhouse/Rec Room, Gated Community, Pool
  • Home Owner Association: Cape May Towers
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Gated Community, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 445.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-602-3470

Association/Amenities

  • Entry Level Unit: 1

Fee Information

  • Total Monthly Fees: 445

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 448-101-42-01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2023
Sold by
Andre Peter and Andre Janice
Bought by
Andre Family Trust and Andre
Total Days on Market
4
Current Estimated Value
$821,999

Purchase Details

Listed on
Apr 19, 2022
Closed on
Apr 26, 2022
Sold by
Countrywide Re Llc
Bought by
Andre Peter and Andre Janice
Seller's Agent
JD Esajian
eXp Realty of California, Inc.
Buyer's Agent
Brandon Ponsoll
Compass
List Price
$729,000
Sold Price
$795,400
Premium/Discount to List
$66,400
9.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.16%
Original Mortgage
$636,300
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 5, 2022
Closed on
Feb 14, 2022
Sold by
Fraleigh Family Survivors Trust
Bought by
Countrywide Re Llc
Seller's Agent
Lynn Parke Rick Parke
San Diego Castles Realty
Buyer's Agent
JD Esajian
eXp Realty of California, Inc.
List Price
$640,000
Sold Price
$621,000
Premium/Discount to List
-$19,000
-2.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 29, 2020
Sold by
Fraleigh Sara B
Bought by
Fraleigh Sara B

Purchase Details

Closed on
Jan 22, 2015
Sold by
Fraleigh Sara B
Bought by
Fraleigh Sara B

Purchase Details

Closed on
Mar 27, 2000
Sold by
Fraleigh Family Trust 10-08-92
Bought by
Fraleight Sara B

Purchase Details

Closed on
Aug 7, 1998
Sold by
Fraleigh Edward M and Fraleigh Sara B
Bought by
Fraleigh Edward M and Fraleigh Sara B

Purchase Details

Closed on
May 29, 1997
Sold by
Great Western Bank Fsb
Bought by
Fraleigh Edward M and Fraleigh Sara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,900
Interest Rate
7.94%

Purchase Details

Closed on
Mar 20, 1997
Sold by
Wilson Beverly J
Bought by
Great Western Bank Fsb

Purchase Details

Closed on
Oct 31, 1996
Sold by
Gledhill Fred Trust Of 1977 and Fred
Bought by
Wilson Beverly J

Purchase Details

Closed on
Jan 4, 1990

Purchase Details

Closed on
Mar 28, 1986

Range of Values:

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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
Andre Family Trust -- None Listed On Document
Andre Peter $795,500 Chicago Title
Countrywide Re Llc $621,000 Chicago Title
Fraleigh Sara B -- None Available
Fraleigh Sara B -- None Available
Fraleight Sara B -- --
Fraleigh Edward M -- Lawyers Title
Fraleigh Edward M $81,000 Chicago Title Co
Great Western Bank Fsb $62,930 Chicago Title Co
Wilson Beverly J -- --
-- $123,000 --
-- $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Andre Peter $636,300
Previous Owner Countrywide Re Llc $3,000,000
Previous Owner Fraleigh Edward M $72,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $795,400 0.0% $874 / Sq Ft
04/23/2022 04/23/22 Pending -- -- --
04/23/2022 04/23/22 Price Changed $795,400 +9.1% $874 / Sq Ft
04/19/2022 04/19/22 For Sale $729,000 +17.4% $801 / Sq Ft
02/25/2022 02/25/22 Sold $621,000 -3.0% $682 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
02/05/2022 02/05/22 For Sale $640,000 -- $703 / 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 $10,109 $827,534 $686,664 $140,870
2023 $9,970 $811,308 $673,200 $138,108
2022 $1,542 $124,289 $61,376 $62,913
2021 $1,532 $121,853 $60,173 $61,680
2020 $1,514 $120,604 $59,556 $61,048
2019 $1,487 $118,240 $58,389 $59,851
2018 $1,392 $115,923 $57,245 $58,678
2017 $1,359 $113,651 $56,123 $57,528
2016 $1,336 $111,423 $55,023 $56,400
2015 $1,317 $109,750 $54,197 $55,553
2014 $1,297 $107,601 $53,136 $54,465
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220009099

San Diego MLS

APN: 448-101-42-01