$266,000
SOLD FEB 27, 2015

5015 Cape May Ave Unit 307 San Diego, CA 92107

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

Recently Sold

$417 Per Sq Ft

8% Below List Price

109 Days on Market

Highlights

  • Gated Community
  • City View
  • Community Pool
  • Ocean Beach Elementary School Rated A
  • 0.4 Acre Lot
  • Community Barbecue Grill

About This Home

As of May 2025

Rarely available and affordable top floor unit in Ocean Beach, 1.5 blocks to the beach offering world class surf and San Diego's best dog beach. Very well kept unit located in a quiet and secure complex with a beautiful heated pool. One covered parking spot. Enjoy OB farmers market every Wednesday, walking distance to shops and restaurants. Rec- room, 2 Barbeque grills. Monthly HOA fee includes water. This unit could be a great starter home, or rental property as it is located in the highly desirable OB.

Last Agent to Sell the Property

Frank Algeri

Big Block Realty, Inc. License #01950308 Listed on: 10/22/2014

Last Buyer's Agent

Non-Member Default

Default Non-Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,350

Year Built

  • Built in 1967

HOA Fees

  • $310 Monthly HOA Fees

Home Design

  • Rolled or Hot Mop Roof
  • Stucco Exterior

Interior Spaces

  • 638 Sq Ft Home
  • 3-Story Property
  • City Views

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport
  • Assigned Parking

Additional Features

  • Gated Home
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 448-101-42-28

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,350

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
  • Estimated Living Space: 500 to 999 SqFt
  • LP / Sq Ft: 438.71
  • Price Per Sq Ft: 416.93
  • SP/ Sq Ft: 416.93
  • 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: 307
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Linoleum/Vinyl
  • Equipment Available: Dishwasher, Range/Oven
  • Elevator: Yes
  • Total Bedrooms: 1
  • Bedrooms: 1
  • Master Bedroom Dimensions: 13x12
  • Full Bathrooms: 1
  • Laundry Location: Community
  • Estimated Sq Ft: 638
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Gate
  • Pool: Community/Common
  • Roof: Rolled/Hot Mop
  • View: City

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Complex Name: Cape May Towers
  • Total Fees: 3720.0
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 30
  • Total Number of Units: 30
  • Community: OCEAN BEACH
  • Complex Features: BBQ, Gated Community, Laundry Facilities, Pool
  • Home Owner Association: Cape May Towers
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Roof Maintenance, 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: 3

Fee Information

  • Total Monthly Fees: 310

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 448-101-42-28
  • Estimated Lot Sq Ft: 17341
  • Estimated Number of Acres: 0.3975
  • Map Code Column: j
  • Map Code Page: 1267
  • Map Code Row: 6

Multi Family

  • Percentage Owner Occupancy: 40.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2025
Closed on
May 1, 2025
Sold by
Tabatabai Ali and Stanley Lisa
Bought by
Countrywide Re Llc
Seller's Agent
Sam Fakih
Compass
Buyer's Agent
JD Esajian
eXp Realty of California, Inc.
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Views
160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.73%
Original Mortgage
$225,000
Outstanding Balance
$224,603
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$297,375

Purchase Details

Closed on
Jun 12, 2018
Sold by
Carter Chad
Bought by
Tabatabai Ali and Stanley Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,800
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 22, 2014
Closed on
Feb 4, 2015
Sold by
Sutton Erline Brown and Jones Darlyn
Bought by
Carter Chad
Seller's Agent
Frank Algeri
Big Block Realty, Inc.
Buyer's Agent
Non-Member Default
Default Non-Member Office
List Price
$289,900
Sold Price
$266,000
Premium/Discount to List
-$23,900
-8.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$212,800
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Grant Deed $500,000 Consumers Title
Grant Deed $396,000 Chicago Title Company
Grant Deed $266,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 New Conventional
Open $18,000,000 Credit Line Revolving
Previous Owner $308,500 New Conventional
Previous Owner $316,800 New Conventional
Previous Owner $212,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 For Sale $649,000 +29.8% $1,017 / Sq Ft
05/09/2025 05/09/25 Sold $500,000 -4.8% $784 / Sq Ft
05/02/2025 05/02/25 Pending -- -- --
04/29/2025 04/29/25 Price Changed $525,000 0.0% $823 / Sq Ft
04/29/2025 04/29/25 For Sale $525,000 -12.4% $823 / Sq Ft
04/19/2025 04/19/25 Pending -- -- --
03/19/2025 03/19/25 For Sale $599,000 0.0% $939 / Sq Ft
03/16/2025 03/16/25 Pending -- -- --
02/25/2025 02/25/25 Price Changed $599,000 -6.3% $939 / Sq Ft
02/06/2025 02/06/25 For Sale $639,000 +140.2% $1,002 / Sq Ft
02/27/2015 02/27/15 Sold $266,000 -5.0% $417 / Sq Ft
02/05/2015 02/05/15 Pending -- -- --
12/01/2014 12/01/14 Price Changed $279,900 -3.4% $439 / Sq Ft
10/19/2014 10/19/14 For Sale $289,900 -- $454 / 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 $5,350 $441,740 $359,563 $82,177
2024 $5,350 $433,079 $352,513 $80,566
2023 $5,232 $424,588 $345,601 $78,987
2022 $5,094 $416,264 $338,825 $77,439
2021 $5,059 $408,103 $332,182 $75,921
2020 $4,998 $403,919 $328,776 $75,143
2019 $4,909 $396,000 $322,330 $73,670
2018 $3,330 $280,963 $228,694 $52,269
2017 $80 $275,455 $224,210 $51,245
2016 $3,199 $270,055 $219,814 $50,241
2015 $2,615 $220,289 $179,306 $40,983
2014 $2,575 $215,975 $175,794 $40,181
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 140057625

San Diego MLS

APN: 448-101-42-28