NOT LISTED FOR SALE

601 N Cedros Ave Solana Beach, CA 92075

Estimated Value: $2,866,000 - $4,294,000

3 Beds
2 Baths
1,282 Sq Ft
$2,673/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $2,600,000 $2,028 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $21,390/month

9 Days on Market

Highlights

  • Ocean View
  • All Bedrooms Downstairs
  • Hiking Trails
  • Skyline Elementary School Rated A
  • No HOA
  • Patio

About This Home

As of February 2022

Build your dream home on this 15,000 square foot, cul de sac lot with standing ocean views. Zoning – MHRc – Medium High Residential (8 DU per acre) The only lot in the development with this zoning allowing you to legally build 2 single-family homes and 2 ADU (guest homes). 601 N Cedros has a floor area ratio or (FAR) of .75 giving you the option to build up to 10,500 total square feet including and ADU when other lots of the same size would be limited to a 3,600 s.f max including ADU because the average FAR is only .4. The city has deemed the back yard 25’ setback to be on the west property line (letter can be provided) Plans have been submitted for a single-family house which could convey with the sale and can be modified and should be able to be resubmitted under the current planning application to avoid the initial fee.

Last Agent to Sell the Property

Lydell Fleming

Compass License #01938362 Listed on: 01/14/2022

Compass

Last Buyer's Agent

John Lyons

Intero Real Estate Services License #00516480

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,566

Year Built

  • Built in 1957

Lot Details

  • 0.33 Acre Lot
  • Back Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned R-2:MINOR MULTIPLE

Parking

  • 2 Car Garage

Interior Spaces

  • 1,282 Sq Ft Home
  • Family Room with Fireplace
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Patio
  • Exterior Lighting

Listing and Financial Details

  • Tax Tract Number 263062
  • Assessor Parcel Number 2630622700

Community Details

Overview

  • No Home Owners Association
  • Property is near a preserve or public land

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,566

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-2:MINOR MULTIPLE
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2630622700
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1282.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 2028.08
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • View: Ocean
  • Patio And Porch Features: Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Preserve/Public Land, Street Lights, Biking, Hiking

Schools

  • School District: San Dieguito Union

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard
  • Lot Size Sq Ft: 14355.00
  • Lot Size Acres: 0.3295

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14355.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: 263062

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2018
Sold by
Peters Diane J and Marian E Weber Family Trust
Bought by
Budetti Robert P and Budetti Wendy Barbara
Current Estimated Value
$3,426,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,480,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2012
Sold by
Weber Marian E
Bought by
Weber Marian E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,610
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2012
Sold by
Weber Marian E
Bought by
Weber Marian E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,610
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2009
Sold by
Weber Marian E
Bought by
Weber Marian E

Purchase Details

Closed on
Aug 23, 2004
Sold by
Marsolan Inc
Bought by
Weber Marian E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.8%
Mortgage Type
Unknown
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
Budetti Robert P $1,910,000 First American Title
Weber Marian E -- Westminster Title Company In
Weber Marian E -- Westminster Title Company In
Weber Marian E -- None Available
Weber Marian E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Budetti Robert P $1,480,000
Previous Owner Budetti Robert P $1,480,000
Previous Owner Weber Marian E $299,610
Previous Owner Weber Marian E $333,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $2,600,000 -10.3% $2,028 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $2,900,000 +51.8% $2,262 / Sq Ft
05/16/2018 05/16/18 Sold $1,910,000 -16.9% $1,490 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
09/30/2017 09/30/17 For Sale $2,299,000 -- $1,793 / 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
2025 $29,566 $3,184,856 $2,684,856 $500,000
2024 $29,566 $2,705,040 $2,632,212 $72,828
2023 $28,865 $2,652,000 $2,580,600 $71,400
2022 $22,622 $2,047,904 $1,929,963 $117,941
2021 $22,237 $2,007,750 $1,892,121 $115,629
2020 $22,049 $1,987,164 $1,872,720 $114,444
2019 $21,637 $1,948,200 $1,836,000 $112,200
2018 $2,820 $187,371 $99,516 $87,855
2017 $2,768 $183,698 $97,565 $86,133
2016 $2,629 $180,097 $95,652 $84,445
2015 $2,584 $177,393 $94,216 $83,177
2014 $2,531 $173,919 $92,371 $81,548
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2200437

California Regional Multiple Listing Service (CRMLS)

APN: 263-062-27