NOT LISTED FOR SALE

5015 Cape May Ave Unit 206 San Diego, CA 92107

Ocean Beach Neighborhood

Estimated Value: $687,000 - $881,957

2 Beds
2 Baths
962 Sq Ft
$310/mo HOA Fee

Last Sold March 19, 2015

Last sale price $380,000 $395 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $5,137/month

29 Days on Market

Highlights

  • Gated Community
  • City Lights View
  • End Unit
  • Ocean Beach Elementary School Rated A
  • Clubhouse
  • Community Pool

About This Home

As of March 2015

Great opportunity to move to the beach! 2 Bedroom / 2 Bathroom condo located 2 blocks from the beach and a short walk to the OB pier, Dog Beach, Newport Ave with restaurants, shops (Pizza Port Brewery, Starbuck etc). Enjoy weekly farmers market on Wednesday. This is a nice and bright corner unit with floor to ceiling windows. The master bedroom has a large walk in closet. Enjoy the pool and large patio in this gated complex. Extra storage locker in basement and community storage for bicycles etc. All information deemed reliable but not guaranteed. Buyer and Buyers agent to verify all B4COE

Last Listed By

David Billar

eClosedrealty Inc. License #01977917 Listed on: 01/16/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,579

Year Built

  • Built in 1967

Lot Details

  • End Unit
  • Gated Home

HOA Fees

  • $310 Monthly HOA Fees

Home Design

  • Stucco Exterior

Interior Spaces

  • 962 Sq Ft Home
  • 3-Story Property
  • City Lights Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Assigned Parking

Additional Features

  • West of 5 Freeway
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 448-101-42-16

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, hot water, roof maintenance, sewer, trash pickup, water
  • 30 Units
  • Cape May Towers Association, Phone Number (619) 297-7736
  • Cape May Towes Community

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,579

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: Bacon
  • Neighborhood: Ocean Beach
  • Supplement: Extra storage locker in basement and community storage for bicycles etc. All information deemed reliable but not guaranteed. Buyer and Buyers agent to verify all B4COE
  • Estimated Living Space: 500 to 999 SqFt
  • LP / Sq Ft: 405.3
  • Price Per Sq Ft: 395.01
  • Residential Unit Location: End Unit
  • SP/ Sq Ft: 395.01
  • 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: 206
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Tile
  • Equipment Available: Dishwasher, Disposal, Range/Oven, Refrigerator
  • Elevator: Yes
  • 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: Gate
  • Pool: Community/Common
  • View: Evening Lights

Garage/Parking

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

Utilities

  • Security: Gated Community
  • Sewer/Septic: Sewer Connected
  • Water: Available
  • Heating: Radiant
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Cape May Towes
  • Total Fees: 3720.0
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 30
  • Total Number of Units: 30
  • Property Management Company: PPM
  • Property Management Phone: 619 297 7736
  • Community: OCEAN BEACH
  • Complex Features: Clubhouse/Rec Room, Gated Community, Laundry Facilities, Pet Restrictions, Pool
  • Home Owner Association: Cape May Towers
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Hot Water, Roof Maintenance, Sewer, 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 Building: 1
  • Entry Level Unit: 2

Fee Information

  • Total Monthly Fees: 310

Lot Info

  • Lot Size: 0 (Common Interest)
  • Site: Sidewalks, West of I-5
  • Topography: Level
  • Assessor Parcel Number: 448-101-42-16
  • Map Code Column: J
  • Map Code Page: 1267
  • Map Code Row: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2015
Closed on
Feb 24, 2015
Sold by
Springer Daniel Mark and Springer Helen M
Bought by
Foat Jason Edward
Seller's Agent
David Billar
eClosedrealty Inc.
Buyer's Agent
Petra Korbel
HomeSmart Realty West
List Price
$389,900
Sold Price
$380,000
Premium/Discount to List
-$9,900
-2.54%
Total Days on Market
29
Current Estimated Value
$779,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,239
Avg. Annual Appreciation
7.29%
Original Mortgage
$304,000
Outstanding Balance
$236,461
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$542,778

Purchase Details

Closed on
Aug 3, 1999
Sold by
Reed Family Trust 05-25-88
Bought by
Springer Daniel Mark and Springer Helen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
7.83%

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
Foat Jason Edward $380,000 Title365
Springer Daniel Mark $110,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foat Jason Edward $304,000
Previous Owner Springer Daniel Mark $74,885
Previous Owner Springer Daniel Mark $172,530
Previous Owner Springer Daniel Mark $178,000
Previous Owner Springer Daniel Mark $25,000
Previous Owner Springer Daniel Mark $174,500
Previous Owner Springer Daniel Mark $60,000
Previous Owner Springer Daniel Mark $148,200
Previous Owner Springer Daniel Mark $40,000
Previous Owner Springer Daniel Mark $25,000
Previous Owner Springer Daniel Mark $108,000
Previous Owner Springer Daniel Mark $104,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2015 03/19/15 Sold $380,000 -2.5% $395 / Sq Ft
02/14/2015 02/14/15 Pending -- -- --
02/09/2015 02/09/15 For Sale $389,900 0.0% $405 / Sq Ft
02/06/2015 02/06/15 Pending -- -- --
02/04/2015 02/04/15 Price Changed $389,900 -2.3% $405 / Sq Ft
01/16/2015 01/16/15 For Sale $399,000 -- $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 $5,579 $458,676 $214,077 $244,599
2023 $5,454 $449,683 $209,880 $239,803
2022 $5,308 $440,866 $205,765 $235,101
2021 $5,270 $432,223 $201,731 $230,492
2020 $5,205 $427,792 $199,663 $228,129
2019 $5,111 $419,405 $195,749 $223,656
2018 $4,745 $401,378 $191,911 $209,467
2017 $4,632 $393,509 $188,149 $205,360
2016 $4,558 $385,794 $184,460 $201,334
2015 $1,598 $140,660 $67,254 $73,406
2014 $1,572 $137,906 $65,937 $71,969
Source: Public Records

Agents Affiliated with this Home

  • David Billar

    Seller's Agent in 2015

    David Billar

    eClosedrealty Inc.

    (619) 861-6307

    1 Total Sale

    David Billar
    Section Image
  • Petra Korbel

    Buyer's Agent in 2015

    Petra Korbel

    HomeSmart Realty West

    (619) 994-3380

    19 Total Sales

    Petra Korbel
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 150002842

San Diego MLS

APN: 448-101-42-16

California San Diego County San Diego 92107 Ocean Beach

5015 Cape May Ave Unit 206, San Diego, CA

Homes for Sale in San Diego, CA

This home is located at 5015 Cape May Ave Unit 206, San Diego, CA 92107 since 16 January 2015 and is currently estimated at $779,239, approximately $810 per square foot. This property was built in 1967. 5015 Cape May Ave Unit 206 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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