NOT LISTED FOR SALE

581 15th St Del Mar, CA 92014

Estimated Value: $2,883,000 - $3,136,648

4 Beds
2 Baths
1,570 Sq Ft
$1,902/Sq Ft Est. Value

Last Sold December 23, 2024

Last sale price $3,000,000 $1,911 Per Sq Ft

Current estimated payment $16,473/month

46 Days on Market

Highlights

  • Cape Cod Architecture
  • Family Room
  • Level Lot
  • Del Mar Heights School Rated A+
  • Partially Fenced Property
  • Wood Siding

About This Home

As of December 2024

+ Seller will entertain offers between 2.99-3.99 mil (and above). RARE Ocean View Double-Sized Lot - Nearly 1/2 acre approx. 80 x 225 Ft. Ideally located on 15th Street, a very highly desirable enclave, and in essence 'the center of the universe' in Del Mar. West of I-5, West of Crest, comfortable separation from Camino Del Mar. .3 miles to dining and shopping, .4 miles to Del Mar Beach, Seagrove and Powerhouse Park. Close to highly rated Del Mar schools, and Torrey Pines National Park and golf course. Build your dream home within this peaceful and gorgeous tree-lined, low traveled street. Family owned and not on the market for over 60 years. At present exists a vintage 1949 cottage in nearly original condition that is ready to be re-imagined or completely redeveloped. Enjoy this charming tree-lined street nestled among other well established luxury properties. This is the ideal location for ones forever home.

Last Agent to Sell the Property

Jay Becker

Pacific Sotheby's Int'l Realty License #01711873 Listed on: 10/25/2024

Pacific Sotheby's Int'l Realty

Co-Listed By

Thomas Aleksander

Compass License #01758820

Last Buyer's Agent

Mike Cady

Coastal Premier Properties License #01136676

Coastal Premier Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 0.41 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Property is zoned R-10

Home Design

  • Cape Cod Architecture
  • Cottage
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,570 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Located Outside
  • Electric Dryer Hookup

Parking

  • 6 Parking Spaces
  • Driveway
  • RV Potential

Utilities

  • Gravity Heating System
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 300-040-38-00

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Cape Cod, Cottage
  • Residential Styles: Detached
  • Market Area: Coastal North
  • Cross Street: Via Alta
  • Neighborhood: Del Mar Village
  • LP / Sq Ft: 2547.13
  • Price Per Sq Ft: 1910.83
  • SP/ Sq Ft: 1910.83
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1949
  • 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: Detached

Interior Features

  • Equipment Available: Electric Range
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Searchable Rooms: Family Room, Master Bedroom, Master Bathroom
  • Total Bedrooms: 4
  • Bedrooms: 2
  • Master Bedroom Dimensions: 19x13
  • Full Bathrooms: 2
  • Laundry Location: Outside
  • Estimated Sq Ft: 1570
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Wood
  • Fencing: Partial
  • Roof: Asphalt

Garage/Parking

  • Parking for RV: Potential Space
  • Non Garage Parking: Driveway
  • Parking Spaces Total: 6

Utilities

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

Condo/Co-op/Association

  • Community: DEL MAR

Lot Info

  • Lot Size: .25 to .5 AC
  • Topography: Level
  • Zoning: R-10
  • Assessor Parcel Number: 300-040-38-00
  • Estimated Lot Dimensions: 80 x 225
  • Estimated Lot Sq Ft: 17800
  • Estimated Number of Acres: 0.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2024
Closed on
Dec 11, 2024
Sold by
Khoury Family Trust and Khoury Benjamin C
Bought by
Engel Community Property Trust and Engel
Seller's Agent
Jay Becker
Pacific Sotheby's Int'l Realty
Buyer's Agent
Mike Cady
Coastal Premier Properties
List Price
$4,999,000
Sold Price
$3,000,000
Premium/Discount to List
-$1,999,000
-39.99%
Views
116
Current Estimated Value
$2,986,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,838
Avg. Annual Appreciation
-0.41%

Purchase Details

Closed on
Mar 29, 2022
Sold by
Khoury Family Trust
Bought by
Khoury Family Trust

Purchase Details

Closed on
Sep 3, 2015
Sold by
Khoury Charles R and Khoury Carolyn L
Bought by
The Khoury Family Trust and Khoury Carolyn L

Purchase Details

Closed on
Aug 25, 2015
Sold by
Khoury Charles R and Khoury Carolyn L
Bought by
Khoury Charles R and Khoury Carolyn L

Purchase Details

Closed on
May 27, 2011
Sold by
Khoury Carolyn L
Bought by
Khoury Charles R and Khoury Carolyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
3.84%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Engel Community Property Trust $3,000,000 Chicago Title
Khoury Family Trust -- Law Office Of Nan Dempsey Gela
The Khoury Family Trust -- None Available
Khoury Charles R -- None Available
Khoury Charles R -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khoury Charles R $254,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2024 12/23/24 Sold $3,000,000 -25.0% $1,911 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
11/25/2024 11/25/24 Price Changed $3,999,000 -20.0% $2,547 / Sq Ft
10/25/2024 10/25/24 For Sale $4,999,000 -- $3,184 / 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 $11,233 $3,000,000 $2,850,000 $150,000
2024 $11,233 $1,054,620 $942,334 $112,286
2023 $10,984 $2,000,000 $1,800,000 $200,000
2022 $792 $66,558 $46,781 $19,777
2021 $764 $65,254 $45,864 $19,390
2020 $770 $64,586 $45,394 $19,192
2019 $755 $63,320 $44,504 $18,816
2018 $724 $62,080 $43,632 $18,448
2017 $710 $60,864 $42,777 $18,087
2016 $687 $59,672 $41,939 $17,733
2015 $677 $58,777 $41,310 $17,467
2014 -- $57,626 $40,501 $17,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240025392

San Diego MLS

APN: 300-040-38