$280,000
SOLD SEP 19, 2016

5015 Cape May Ave Unit 108 San Diego, CA 92107

Ocean Beach Neighborhood
1 Bed
1 Bath
638 Sq Ft
$310/mo HOA Fee

Recently Sold

$439 Per Sq Ft

7% Below List Price

148 Days on Market

Highlights

  • 0.4 Acre Lot
  • Main Floor Primary Bedroom
  • Laundry Facilities
  • Ocean Beach Elementary School Rated A
  • Community Pool
  • Level Lot

About This Home

As of October 2020

Super value in Ocean Beach, just 2 blocks from where street dead-ends into white sand of the Pacific. Walk to pier and downtown. First-floor with one assigned parking place. Community pool. Current Marine tenant pays $1450 and would love to stay...great investment opportunity.

Last Agent to Sell the Property

Michael Lambert

Coldwell Banker Realty License #01131476 Listed on: 03/23/2016

Coldwell Banker Realty

Last Buyer's Agent

Brandon Carey

Realty Rise Inc dba Rise Referral Network License #01874344

Realty Rise Inc dba Rise Referral Network

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,823

Year Built

  • Built in 1967

HOA Fees

  • $310 Monthly HOA Fees

Home Design

  • Stucco Exterior

Interior Spaces

  • 638 Sq Ft Home
  • 3-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 448-101-42-08

Community Details

Overview

  • Association fees include common area maintenance, trash pickup, water
  • 30 Units
  • Cape May Association, Phone Number (619) 297-7736
  • Cape May Community

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,823

Year Built

Built in 1967

Lot Details

0

HOA Fees

$310 per month

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Coastal South
  • Cross Street: Cape May / Sunset Cliffis
  • Neighborhood: Ocean Beach
  • LP / Sq Ft: 470.22
  • Price Per Sq Ft: 438.87
  • SP/ Sq Ft: 438.87
  • Stories: 1 Story
  • Stories In Building: 3
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1967
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 108
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Range/Oven, Refrigerator
  • Searchable Rooms: MBR Entry Level
  • Total Bedrooms: 1
  • Bedrooms: 1
  • Master Bedroom Dimensions: 14x12
  • Full Bathrooms: 1
  • Laundry Location: Community
  • Estimated Sq Ft: 638
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Stucco
  • Pool: Community/Common

Garage/Parking

  • Garage Details: Assigned
  • Non Garage Parking: Assigned
  • Garage Spaces: 1
  • Parking Spaces Total: 1

Utilities

  • Sewer/Septic: Sewer Connected
  • Heating: Radiant
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Cape May
  • Total Fees: 3720.0
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 30
  • Total Number of Units: 30
  • Property Management Company: Prof RE Mgmt
  • Property Management Phone: 619-297-7736
  • Community: OCEAN BEACH
  • Home Owner Association: Cape May
  • Home Owner Association Fee Includes: Common Area Maintenance, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 310.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619-297-7736

Association/Amenities

  • Entry Level Unit: 1

Fee Information

  • Total Monthly Fees: 310

Lot Info

  • Lot Size: .25 to .5 AC
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 448-101-42-08
  • Estimated Lot Sq Ft: 17313
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.3975

Multi Family

  • Percentage Owner Occupancy: 40.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2021
Sold by
Oconnor Ann H
Bought by
Kbh Equities Lp
Current Estimated Value
$628,383

Purchase Details

Listed on
Aug 27, 2020
Closed on
Sep 13, 2020
Sold by
Sterner Evan J and Sterner Megan E
Bought by
Shrestha Anjali K
Seller's Agent
Brandon Carey
Realty Rise Inc dba Rise Referral Network
Buyer's Agent
Sarah Lane Anderson
Compass
List Price
$439,000
Sold Price
$451,000
Premium/Discount to List
$12,000
2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%
Original Mortgage
$360,800
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 23, 2016
Closed on
Aug 2, 2016
Sold by
Morgan Michael K and Ewing Lynne R
Bought by
Sterner Evan J and Sterner Megan E
Seller's Agent
Michael Lambert
Coldwell Banker Realty
Buyer's Agent
Brandon Carey
Realty Rise Inc dba Rise Referral Network
List Price
$300,000
Sold Price
$280,000
Premium/Discount to List
-$20,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.43%
Original Mortgage
$224,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2015
Sold by
Morgan Michael K and Ewing Lynner
Bought by
The Morgan Ewing Family Trust

Purchase Details

Closed on
Jun 20, 2005
Sold by
Sherman Richard B
Bought by
Morgan Michael K and Ewing Lynne R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Interest Rate
8.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2004
Sold by
Shinn Robert and Shinn Sarah
Bought by
Sherman Richard B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
May 15, 1996
Sold by
Siewert Selma
Bought by
Shinn Robert and Shinn Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
7.8%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Trustee Deed $432,000 Fidelity National Title
Warranty Deed $451,000 Fidelity Natl Ttl San Diego
Grant Deed $280,000 California Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $369,000 First American Title
Grant Deed $307,500 First American Title
Grant Deed $67,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $360,800 New Conventional
Previous Owner $274,800 New Conventional
Previous Owner $271,500 New Conventional
Previous Owner $224,000 New Conventional
Previous Owner $295,200 New Conventional
Previous Owner $246,000 Unknown
Previous Owner $61,000 Seller Take Back
Closed $30,700 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $451,000 +2.7% $707 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
08/27/2020 08/27/20 For Sale $439,000 +56.8% $688 / Sq Ft
09/19/2016 09/19/16 Sold $280,000 -6.7% $439 / Sq Ft
08/18/2016 08/18/16 Pending -- -- --
06/08/2016 06/08/16 Price Changed $300,000 +9.1% $470 / Sq Ft
04/18/2016 04/18/16 Price Changed $275,000 -8.3% $431 / Sq Ft
03/23/2016 03/23/16 For Sale $300,000 -- $470 / 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 $5,823 $488,173 $418,436 $69,737
2024 $5,823 $478,602 $410,232 $68,370
2023 $5,693 $469,219 $402,189 $67,030
2022 $5,541 $460,019 $394,303 $65,716
2021 $5,501 $451,000 $386,572 $64,428
2020 $3,685 $297,137 $254,689 $42,448
2019 $3,619 $291,312 $249,696 $41,616
2018 $3,385 $285,600 $244,800 $40,800
2017 $3,305 $280,000 $240,000 $40,000
2016 $4,079 $345,000 $288,000 $57,000
2015 $4,080 $345,000 $288,000 $57,000
2014 $3,801 $320,000 $268,000 $52,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 160015372

San Diego MLS

APN: 448-101-42-08