NOT LISTED FOR SALE

5015 Cape May Ave Unit 109 San Diego, CA 92107

Ocean Beach Neighborhood

Estimated Value: $848,000 - $916,000

2 Beds
2 Baths
962 Sq Ft
$365/mo HOA Fee

Last Sold November 15, 2017

Last sale price $479,000 $498 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,842/month

4 Days on Market

Highlights

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

About This Home

As of November 2017

Fabulous 2 Bed/2 Bath condo in Cape May Towers, located in the highly desirable neighborhood of Ocean Beach. This is the perfect beach condo, just 2 blocks to the sand! Enjoy amazing sunsets from the Ocean Beach Pier and walk to many shops and restaurants within the neighborhood. This condo has a bright and open floor plan with spacious bedrooms. Nice interior features such as floor to ceiling windows and hardwood floors in the living areas. Great complex with large pool and common laundry facilities.

Last Listed By

Greg Flaherty

Penny Realty License #01073434 Listed on: 10/02/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,508

Year Built

  • Built in 1967

Lot Details

  • 0.4

HOA Fees

  • $365 Monthly HOA Fees

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 962 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Dining Area
  • Gas Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Carport
  • Tandem Garage
  • Assigned Parking

Additional Features

  • In Ground Pool
  • Property is Fully Fenced
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 448-101-42-09

Community Details

Overview

  • Association fees include common area maintenance, exterior bldg maintenance, gated community
  • 30 Units
  • Menas Realty Association, Phone Number (858) 270-7870
  • Cape May Towers Community

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,508

Year Built

Built in 1967

Lot Details

0

HOA Fees

$365 per month

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Coastal South
  • Cross Street: Bacon
  • Neighborhood: Ocean Beach
  • LP / Sq Ft: 497.92
  • Price Per Sq Ft: 497.92
  • SP/ Sq Ft: 497.92
  • Stories: 1 Story
  • Stories In Building: 3
  • Ownership: Condominium
  • 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: 109
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Searchable Rooms: Dining Area, Kitchen, Living Room, Master Bedroom, Master Bathroom
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 13x13
  • Full Bathrooms: 2
  • Laundry Location: Community
  • Estimated Sq Ft: 962
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Pool: Below Ground, Community/Common
  • Roof: Composition

Garage/Parking

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

Utilities

  • Laundry Utilities: Gas
  • Sewer/Septic: Sewer Connected
  • Water: Available
  • Heating: Radiant
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Cape May Towers
  • Total Fees: 4380.0
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 30
  • Total Number of Units: 30
  • Community: OCEAN BEACH
  • Complex Features: Gated Community, Laundry Facilities, Pool
  • Home Owner Association: Menas Realty
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior Bldg Maintenance, Gated Community
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 365.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-270-7870

Association/Amenities

  • Entry Level Unit: 1

Fee Information

  • Total Monthly Fees: 365

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 448-101-42-09
  • Estimated Lot Sq Ft: 17314
  • Estimated Number of Acres: 0.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2023
Sold by
Schimmel Rita E
Bought by
Rita Elaine Schimmel Revocable Trust and Schimmel
Total Days on Market
4
Current Estimated Value
$881,599

Purchase Details

Listed on
Oct 2, 2017
Closed on
Oct 26, 2017
Sold by
Ducker James Keith and Kroenlein Johanna M
Bought by
Schimmel Rita E
Seller's Agent
Greg Flaherty
Penny Realty
Buyer's Agent
Deena Stacer
Stacer Realty
List Price
$479,000
Sold Price
$479,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$359,250
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2013
Closed on
Jul 29, 2013
Sold by
Jones Darlyn
Bought by
Ducker James Keith and Kroenlein Johanna M
Seller's Agent
Ronald Greenwald
Sage Legacy Properties
Buyer's Agent
Mary Connor
Premiere Property Management
List Price
$398,900
Sold Price
$389,000
Premium/Discount to List
-$9,900
-2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
Original Mortgage
$291,750
Interest Rate
4.27%
Mortgage Type
New Conventional

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
Rita Elaine Schimmel Revocable Trust -- None Listed On Document
Schimmel Rita E $479,000 Chicago Title Company Sd
Ducker James Keith $389,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schimmel Rita E $317,400
Previous Owner Schimmel Rita E $359,250
Previous Owner Ducker James Keith $291,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2017 11/15/17 Sold $479,000 0.0% $498 / Sq Ft
10/07/2017 10/07/17 Pending -- -- --
10/02/2017 10/02/17 For Sale $479,000 +23.1% $498 / Sq Ft
09/04/2013 09/04/13 Sold $389,000 -2.5% $404 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
07/12/2013 07/12/13 For Sale $398,900 -- $415 / 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 $6,508 $534,329 $430,912 $103,417
2023 $6,363 $523,853 $422,463 $101,390
2022 $6,192 $513,582 $414,180 $99,402
2021 $6,148 $503,512 $406,059 $97,453
2020 $6,073 $498,350 $401,896 $96,454
2019 $5,963 $488,579 $394,016 $94,563
2018 $5,574 $479,000 $386,291 $92,709
2017 $80 $410,877 $331,353 $79,524
2016 $4,758 $402,821 $324,856 $77,965
2015 $4,688 $396,771 $319,977 $76,794
2014 $4,615 $389,000 $313,710 $75,290
Source: Public Records

Agents Affiliated with this Home

  • Greg Flaherty

    Seller's Agent in 2017

    Greg Flaherty

    Penny Realty

    (858) 692-0185

    1 in this area

    40 Total Sales

    Greg Flaherty
    Section Image
  • Deena Stacer

    Buyer's Agent in 2017

    Deena Stacer

    Stacer Realty

    (858) 229-8072

    22 Total Sales

    Deena Stacer
    Section Image
  • Ronald Greenwald

    Seller's Agent in 2013

    Ronald Greenwald

    Sage Legacy Properties

    (760) 390-0149

    140 Total Sales

    Ronald Greenwald
    Section Image

  • M

    Buyer's Agent in 2013

    Mary Connor

    Premiere Property Management

See All Agents

Map

Source: San Diego MLS

MLS Number: 170051372

San Diego MLS

APN: 448-101-42-09

California San Diego County San Diego 92107 Ocean Beach

5015 Cape May Ave Unit 109, San Diego, CA

Homes for Sale in San Diego, CA

This home is located at 5015 Cape May Ave Unit 109, San Diego, CA 92107 since 02 October 2017 and is currently estimated at $881,599, approximately $916 per square foot. This property was built in 1967. 5015 Cape May Ave Unit 109 is a home located in San Diego County with nearby schools including Ocean Beach Elementary School, Richard Henry Dana Middle School, and Correia Middle School.

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