NOT LISTED FOR SALE

5015 Cape May Ave Unit 207 San Diego, CA 92107

Ocean Beach Neighborhood

Estimated Value: $557,000 - $697,096

1 Bed
1 Bath
638 Sq Ft
$460/mo HOA Fee

Last Sold August 17, 2022

Last sale price $585,000 $917 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,553/month

3 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Laundry Room
  • Ocean Beach Elementary School Rated A
  • Living Room
  • Hot Water Heating System

About This Home

As of August 2022

No summertime blues here! Forget about gas prices and expensive summer travel, this beach pad will make you feel like you're on vaca 365 days per year! Block and a half to beach and walking distance to all OB has to offer. Newly remodeled and ready to move in. New kitchen and bathroom cabinets, stunning quartz counters, and laminate flooring throughout. Need a break from the beach? Lounge poolside with your favorite beverage at the community pool right outside your door. Or hang out with friends and family at the many shops, bars, and restaurants within minutes of your front door. Coveted assigned parking space....not easy to find this close to the beach. So wax your board and grab your beach chair....this one is ready for summer!

Last Agent to Sell the Property

Kevin Hand

KCH Realty & Mortgage License #01070245 Listed on: 07/22/2022

Co-Listed By

Brenda Hand

KCH Realty & Mortgage License #01516362

Last Buyer's Agent

Dave Parker

The Property Network License #01148409

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,360

Year Built

  • Built in 1967

HOA Fees

  • $460 Monthly HOA Fees

Interior Spaces

  • 638 Sq Ft Home
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space

Pool

  • In Ground Pool
  • Fence Around Pool

Additional Features

  • Two or More Common Walls
  • Urban Location
  • Hot Water Heating System

Listing and Financial Details

  • Tax Tract Number 279
  • Assessor Parcel Number 4481014217

Community Details

Overview

  • 30 Units
  • Cape May Towers Association, Phone Number (619) 298-9973
  • Cape May Towers

Amenities

  • Clubhouse
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,360

Year Built

Built in 1967

Lot Details

0

HOA Fees

$460 per month

Listing Details

  • Assessments: Yes
  • Park Name: Cape May Towers
  • Property Attached: Yes
  • View: No
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4481014217
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 638.00
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 2
  • Levels: One
  • Price Per Square Foot: 916.93
  • Room Type: Kitchen, Living Room, Master Bedroom

Exterior Features

  • Fence: No
  • Pool Features: Community, Fenced, In Ground
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Hot Water, Pool, Storage
  • Association Fee: 460.00
  • Association Fee Frequency: Monthly
  • Association Name: Cape May Towers
  • Phone: 619-298-9973
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban

Schools

  • School District: San Diego Unified

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 30

Tax Info

  • Tax Tract Number: 000279

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Aug 4, 2022
Sold by
Kbh Equities Lp
Bought by
Maxwell Family Trust
Seller's Agent
Kevin Hand
KCH Realty & Mortgage
Buyer's Agent
Dave Parker
The Property Network
List Price
$589,000
Sold Price
$585,000
Premium/Discount to List
-$4,000
-0.68%
Current Estimated Value
$630,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,024
Avg. Annual Appreciation
4.16%

Purchase Details

Listed on
Mar 31, 2022
Closed on
Apr 11, 2022
Sold by
Sandiegofastcashofferscom Llc
Bought by
Kbh Equities Lp
Seller's Agent
Mike Blair
LPT Realty,Inc
Buyer's Agent
Mike Blair
LPT Realty,Inc
List Price
$469,900
Sold Price
$503,000
Premium/Discount to List
$33,100
7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.03%

Purchase Details

Closed on
Sep 24, 2021
Sold by
Mae Thomas Lilly
Bought by
Boemecke Bradley R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 15, 2021
Sold by
Thomas Albert H and Thomas Lilly
Bought by
Sandiegofastcashoffers Com Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 26, 2014
Sold by
Thomas Lilly Mae
Bought by
Albert H Thomas Jr & Lilly Mae Thomas Re

Purchase Details

Closed on
Mar 19, 2004
Sold by
Thomas Lilly Mae
Bought by
Thomas Lilly Mae

Purchase Details

Closed on
Aug 22, 2000
Sold by
Thomas Albert H
Bought by
Thomas Albert H and Thomas Lilly Mae
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Maxwell Family Trust $585,000 First American Title
Kbh Equities Lp $503,000 First American Title
Boemecke Bradley R -- --
Sandiegofastcashoffers Com Llc $360,000 First American Title
Albert H Thomas Jr & Lilly Mae Thomas Re -- None Available
Thomas Lilly Mae -- --
Thomas Albert H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sandiegofastcashoffers Com Llc $376,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2022 08/17/22 Sold $585,000 -0.7% $917 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $589,000 +17.1% $923 / Sq Ft
04/20/2022 04/20/22 Sold $503,000 +7.0% $788 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $469,900 -- $737 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,360 $596,700 $497,250 $99,450
2023 $7,198 $585,000 $487,500 $97,500
2022 $4,409 $360,000 $300,000 $60,000
2021 $545 $41,779 $14,696 $27,083
2020 $539 $41,352 $14,546 $26,806
2019 $530 $40,542 $14,261 $26,281
2018 $497 $39,748 $13,982 $25,766
2017 $485 $38,969 $13,708 $25,261
2016 $477 $38,206 $13,440 $24,766
2015 $470 $37,633 $13,239 $24,394
2014 $464 $36,897 $12,980 $23,917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2207750

California Regional Multiple Listing Service (CRMLS)

APN: 448-101-42-17