NOT LISTED FOR SALE

5015 Cape May Ave Unit 107 San Diego, CA 92107

Ocean Beach Neighborhood

Estimated Value: $563,000 - $644,000

1 Bed
1 Bath
638 Sq Ft
$445/mo HOA Fee

Last Sold June 10, 2022

Last sale price $520,000 $815 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,186/month

8 Days on Market

Highlights

  • Corner Lot
  • Community Pool
  • Laundry Facilities
  • Ocean Beach Elementary School Rated A
  • Tile Flooring
  • Turnkey

About This Home

As of June 2022

WOW! Great location in the heart of Ocean Beach with easy access to Newport Avenue and all OB has to offer…..Wednesday Farmers Market, plenty of shops, the OB Pier, the surf and the sand!! The single level, 1st floor, 1 bedroom, 1 bath condo has been upgraded with new flooring, kitchen and bath. Enjoy afternoons by the pool before headed out to dinner at one of the many eateries in town. This condo is light and bright thanks to the large oversized windows. The building offers 1 assigned parking space, is gated with community laundry and additional storage.

Last Agent to Sell the Property

Diane Sullivan

Diane Sullivan Realty License #01409974 Listed on: 05/10/2022

Last Buyer's Agent

Diane Sullivan

Diane Sullivan Realty License #01409974 Listed on: 05/10/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,676

Year Built

  • Built in 1967

Lot Details

  • No Units Located Below
  • Partially Fenced Property
  • Level Lot

HOA Fees

  • $445 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Stucco Exterior

Interior Spaces

  • 638 Sq Ft Home
  • 3-Story Property

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Stove
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Linoleum
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Alley Access
  • Off-Street Parking
  • Assigned Parking

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Additional Features

  • West of 5 Freeway
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 448-101-42-07

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, limited insurance, roof maintenance, sewer, trash pickup, water
  • 30 Units
  • Cape May Towers Association, Phone Number (714) 544-7755
  • Cape May Towers Community

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,676

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
  • Property Condition: Turnkey
  • Market Area: Coastal South
  • Cross Street: Bacon
  • Neighborhood: Ocean Beach
  • Estimated Living Space: 500 to 999 SqFt
  • LP / Sq Ft: 799.37
  • Price Per Sq Ft: 815.05
  • Residential Unit Location: No Unit Below
  • SP/ Sq Ft: 815.05
  • Stories: 1 Story
  • Stories In Building: 3
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate, Linoleum/Vinyl, Tile
  • Equipment Available: Dishwasher, Disposal, Microwave, Refrigerator, Electric Oven, Electric Range, Electric Stove, Freezer, Counter Top, Electric Cooking
  • Elevator: Yes
  • Total Bedrooms: 1
  • Bedrooms: 1
  • Master Bedroom Dimensions: 13x12
  • Full Bathrooms: 1
  • Laundry Location: Community
  • Estimated Sq Ft: 638
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Pool: Community/Common
  • Three or more Steps To Entry: Yes

Garage/Parking

  • Non Garage Parking: Assigned, Off Street
  • Parking Spaces Total: 1

Utilities

  • Sewer/Septic: Sewer Connected, Public Sewer
  • Water: Public
  • Heating: Radiant
  • Utilities: Electricity Connected, Sewer Connected, Water Connected

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: Diversified Assoc Mgmnt
  • Community: OCEAN BEACH
  • Complex Features: Pool
  • Home Owner Association: Cape May Towers
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Limited Insurance, Roof Maintenance, Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 445.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 714-544-7755

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 1

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 0 (Common Interest)
  • Site: Alley Access, Corner Lot, West of I-5
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 448-101-42-07
  • Water District URL: http://www.ci.san-diego.ca.us/water

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2022
Closed on
May 25, 2022
Sold by
Susan U Philips Inheritance Trust
Bought by
Karl Kenneth And Irina Gaal Family Trust
Seller's Agent
Diane Sullivan
Diane Sullivan Realty
Buyer's Agent
Diane Sullivan
Diane Sullivan Realty
List Price
$510,000
Sold Price
$520,000
Premium/Discount to List
$10,000
1.96%
Current Estimated Value
$607,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,166
Avg. Annual Appreciation
4.53%

Purchase Details

Closed on
Mar 30, 2007
Sold by
Collins Robert J and Collins Karen S
Bought by
Philips Susan U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
May 5, 2005
Sold by
Collins Robert J and Collins Karen S
Bought by
Collins Robert J and Collins Karen S

Purchase Details

Closed on
Sep 15, 2003
Sold by
Shinn Robert and Shinn Sarah
Bought by
Shinn Robert and Shinn Sarah

Purchase Details

Closed on
Feb 23, 1998
Sold by
Hannah Nachman
Bought by
Collins Robert J and Collins Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
7.06%

Purchase Details

Closed on
Jul 23, 1996
Sold by
Selma Siewert
Bought by
Nachman Hannah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,700
Interest Rate
8.23%
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
Karl Kenneth And Irina Gaal Family Trust $520,000 Chicago Title
Philips Susan U $290,000 Ticor Title San Diego
Collins Robert J -- --
Shinn Robert -- --
Collins Robert J $67,000 Guardian Title Company
Nachman Hannah $60,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Philips Susan U $130,000
Previous Owner Collins Robert J $53,600
Previous Owner Nachman Hannah $44,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2022 06/10/22 Sold $520,000 +2.0% $815 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $510,000 -- $799 / 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 $6,676 $551,825 $399,604 $152,221
2024 $6,676 $541,006 $391,769 $149,237
2023 $6,529 $366,113 $265,120 $100,993
2022 $4,484 $366,113 $265,120 $100,993
2021 $4,453 $358,935 $259,922 $99,013
2020 $4,399 $355,255 $257,257 $97,998
2019 $4,321 $348,290 $252,213 $96,077
2018 $4,041 $341,462 $247,268 $94,194
2017 $3,945 $334,768 $242,420 $92,348
2016 $3,882 $328,205 $237,667 $90,538
2015 $3,825 $323,277 $234,098 $89,179
2014 $3,765 $316,946 $229,513 $87,433
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220011260

San Diego MLS

APN: 448-101-42-07