$503,000
SOLD APR 20, 2022

5015 Cape May Ave Unit 207 San Diego, CA 92107

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

Recently Sold

$788 Per Sq Ft

7% Above List Price

3 Days on Market

Highlights

  • 0.4 Acre Lot
  • Community Pool
  • Gated Home
  • Ocean Beach Elementary School Rated A
  • Laundry Facilities
  • Level Lot

About This Home

As of August 2022

Must see remodeled condo with no expense spared! New custom kitchen with beautiful quartz counter tops, new floors & stainless steel appliances. Living room w/new modern floors perfect for entertaining! Bathroom has new modern tiled floors & shower, sink, white wood cabinet, & brushed nickel lights / fixtures. Located in a great complex with a community pool. The seller has never occupied the property and has very limited knowledge of property condition or history. All measurements are approximate. Buyer's and Buyer's Broker/Agent should verify measurements and complete thorough inspections and investigations prior to Close of Escrow to satisfy themselves with the current condition of the property. Buyer(s) to verify and approve all data, reports, records, inspections, permits, MLS, HOA, if applicable and all information pertaining to the property prior to removal of contingencies. All contracts/offers are subject to seller approval and any offers or counteroffers by seller are not binding unless the entire agreement is ratified by all parties.

Last Agent to Sell the Property

Mike Blair

LPT Realty,Inc License #02080452 Listed on: 03/31/2022

LPT Realty,Inc

Last Buyer's Agent

Mike Blair

LPT Realty,Inc License #02080452 Listed on: 03/31/2022

LPT Realty,Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,360

Year Built

  • Built in 1967

Lot Details

  • Gated Home

HOA Fees

  • $445 Monthly HOA Fees

Home Design

  • Rolled or Hot Mop Roof

Interior Spaces

  • 638 Sq Ft Home
  • 3-Story Property

Kitchen

  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Gravity Heating System
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 448-101-42-17

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gated community
  • 30 Units
  • Menas HOA Mgmt Association, Phone Number (714) 544-7755
  • Cape May Towers Community

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,360

Year Built

Built in 1967

Lot Details

0

HOA Fees

$445 per month

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Coastal South
  • Cross Street: Bacon St
  • Neighborhood: Ocean Beach
  • Supplement: The seller has never occupied the property and has very limited knowledge of property condition or history. All measurements are approximate. Buyer's and Buyer's Broker/Agent should verify measurements and complete thorough inspections and investigations prior to Close of Escrow to satisfy themselves with the current condition of the property. Buyer(s) to verify and approve all data, reports, records, inspections, permits, MLS, HOA, if applicable and all information pertaining to the property prior to removal of contingencies. All contracts/offers are subject to seller approval and any offers or counteroffers by seller are not binding unless the entire agreement is ratified by all parties.
  • LP / Sq Ft: 736.52
  • Price Per Sq Ft: 788.4
  • SP/ Sq Ft: 788.4
  • Stories: 1 Story
  • Stories In Building: 3
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Disposal, Microwave
  • 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: Wood/Stucco
  • Fencing: Gate
  • Pool: Community/Common
  • Roof: Rolled/Hot Mop

Garage/Parking

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

Utilities

  • Laundry Utilities: Electric
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Wall/Gravity
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Cape May Towers
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 30
  • Total Number of Units: 30
  • Community: SAN DIEGO
  • Home Owner Association: Menas HOA Mgmt
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Gated Community
  • 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 Unit: 2

Fee Information

  • Total Monthly Fees: 445

Lot Info

  • Lot Size: .25 to .5 AC
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 448-101-42-17
  • Estimated Lot Sq Ft: 17314
  • Estimated Number of Acres: 0.4
  • Map Code Column: J
  • Map Code Page: 1267
  • Map Code Row: 6

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

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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
Grant Deed $585,000 First American Title
Grant Deed $503,000 First American Title
Deed -- --
Grant Deed $360,000 First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $376,000 Construction
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: 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 $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: San Diego MLS

MLS Number: 220007308

San Diego MLS

APN: 448-101-42-17