NOT LISTED FOR SALE

502 Lark Way Imperial Beach, CA 91932

Estimated Value: $781,000 - $838,000

3 Beds
2.5 Baths
1,363 Sq Ft
2018 Built

Last Sold June 14, 2024

Last sale price $790,000 $580 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,484/month

45 Days on Market

Highlights

  • Heated In Ground Pool
  • Cape Cod Architecture
  • Covered Patio or Porch
  • Lagoon View
  • Deck
  • 2 Car Direct Access Garage

About This Home

As of June 2024

You will love the open floorplan connecting the Kitchen, Dining, and Living spaces into a large, comfortable area for enteraining. A corner unit with extra windows, and high celings bring an abundance of natural light. Enjoy ocean breezes in your family kitchen with a huge island, and extra built-in storage. Retreat to the master with walk-in closet, and bath en-suite. This active community is perfect for executive rentals, short-term rentals, or long-term residence. Bike to Coronado, Walk to the Beach, or Relax at the Pool!

Last Agent to Sell the Property

Charles Pettit

Harcourts One License #01958527 Listed on: 04/18/2024

Last Buyer's Agent

Charles Pettit

Harcourts One License #01958527 Listed on: 04/18/2024

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2018

Lot Details

  • No Unit Above or Below
  • Partially Fenced Property
  • Fence is in excellent condition

HOA Fees

  • $332 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Cape Cod Architecture
  • Entry on the 1st floor
  • Clay Roof
  • Lap Siding

Interior Spaces

  • 1,363 Sq Ft Home
  • 3-Story Property
  • Entryway
  • Family Room Off Kitchen
  • Living Room
  • Dining Area
  • Lagoon Views

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Full Size Washer or Dryer
  • Stacked Washer and Dryer

Home Security

Pool

  • Heated Spa

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 625-140-51-05

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), limited insurance, security
  • 5 Units
  • Action Property Mgm't Association, Phone Number (949) 540-0202
  • Norfolk Community

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Trails

Pet Policy

  • Pets Allowed

Additional Features

  • Community Barbecue Grill
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2018

Lot Details

0 Sq Ft Lot

HOA Fees

$332 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Architectural Style: Cape Cod
  • Residential Styles: All Other Attached
  • Market Area: South Bay
  • Cross Street: Silver Strand Blvd & Rainbow
  • Neighborhood: Bayside Landing
  • LP / Sq Ft: 622.16
  • Price Per Sq Ft: 579.6
  • Residential Unit Location: No Unit Above or Below
  • SP/ Sq Ft: 579.6
  • Stories: 3 Story
  • Stories In Building: 3
  • Ownership: Condominium
  • Total Stories: 3
  • Year Built: 2018
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Dryer, Fire Sprinklers, Garage Door Opener, Microwave, Pool/Spa/Equipment, Refrigerator, Washer, Energy Star Appliances, Gas Oven, Grill, Ice Maker, Barbecue, Gas Range
  • Searchable Rooms: Dining Area, Living Room, Master Bedroom, All Bedrooms Up, Entry, Family Kitchen, Laundry, Master Bathroom, Walk-In Closet
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 12x11
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Laundry Location: Closet Full Sized, Closet Stacked
  • Estimated Sq Ft: 1363
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Lap Siding
  • Fencing: Partial, Excellent Condition
  • Patio: Covered, Deck
  • Pool: Below Ground, Community/Common, Heated, Fenced
  • Roof: Tile/Clay
  • Spa: Community/Common, Yes, Heated
  • View: Lagoon/Estuary

Garage/Parking

  • Garage Details: Attached, Direct Garage Access
  • Garage Spaces: 2
  • Non Garage Parking: Guest Parking
  • Parking Spaces Total: 3

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: Norfolk
  • Pets Allowed: Yes
  • Units In Building: 5
  • Total Number of Units: 190
  • Community: IMPERIAL BEACH
  • Complex Features: BBQ, Biking/Hiking Trails, Playground, Pool, Spa/Hot Tub
  • Home Owner Association: Action Property Mgm't
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Limited Insurance, Security
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 331.51
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 949-540-0202

Association/Amenities

  • Entry Level Unit: 1

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 625-140-51-05
  • Map Code Column: G
  • Map Code Page: 1329
  • Map Code Row: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Jun 4, 2024
Sold by
Mccarthy Shannon
Bought by
Namini Family Trust and Namini
Seller's Agent
Charles Pettit
Harcourts One
Buyer's Agent
Charles Pettit
Harcourts One
List Price
$848,000
Sold Price
$790,000
Premium/Discount to List
-$58,000
-6.84%
Views
84
Current Estimated Value
$805,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,138
Avg. Annual Appreciation
1.07%
Original Mortgage
$592,500
Outstanding Balance
$585,224
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$219,914

Purchase Details

Listed on
Feb 1, 2022
Closed on
Feb 23, 2022
Sold by
Annon Levi D and Annon Katie
Bought by
Mccarthy Shannon
Seller's Agent
Charles Pettit
Harcourts One
Buyer's Agent
Charles Pettit
Harcourts One
List Price
$800,000
Sold Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.55%
Original Mortgage
$760,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 18, 2018
Closed on
Aug 27, 2018
Sold by
Beazer Homes Holdings Llc
Bought by
Annon Levi D and Annon Katie
Seller's Agent
Rebecca Austin
Rebecca Austin, Broker
Buyer's Agent
Mike Morgan
Coldwell Banker Realty
List Price
$519,990
Sold Price
$540,000
Premium/Discount to List
$20,010
3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.22%
Original Mortgage
$513,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Namini Family Trust $790,000 Chicago Title
Mccarthy Shannon $800,000 Landwood Title
Annon Levi D $540,000 Fidelity National Title Grou
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Namini Family Trust $592,500
Previous Owner Mccarthy Shannon $760,000
Previous Owner Annon Levi D $513,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2024 06/14/24 Sold $790,000 -6.8% $580 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $848,000 +6.0% $622 / Sq Ft
02/28/2022 02/28/22 Sold $800,000 0.0% $587 / Sq Ft View Prior Sale
02/01/2022 02/01/22 For Sale $800,000 +48.1% $587 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
10/04/2018 10/04/18 Sold $540,000 +3.8% $396 / Sq Ft View Prior Sale
08/23/2018 08/23/18 Pending -- -- --
08/18/2018 08/18/18 For Sale $519,990 -- $382 / Sq Ft
Source: San Diego MLS

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 $10,191 $805,799 $492,433 $313,366
2024 $10,191 $832,318 $508,639 $323,679
2023 $10,188 $815,999 $498,666 $317,333
2022 $7,231 $567,635 $346,888 $220,747
2021 $6,973 $556,506 $340,087 $216,419
2020 $6,819 $550,800 $336,600 $214,200
2019 $6,756 $540,000 $330,000 $210,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240008326

San Diego MLS

APN: 625-140-51-05

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