NOT LISTED FOR SALE

625 Avenida Primavera Del Mar, CA 92014

Del Mar Area

Estimated Value: $6,331,000 - $8,004,000

7 Beds
6.5 Baths
4,918 Sq Ft
$1,525/Sq Ft Est. Value

Sale Details

Date Sold: July 17, 2020

Last sale price $4,600,000 $935 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $46,770 / mo

95 Days on Market

Highlights

  • Home Theater
  • Craftsman Architecture
  • Fireplace
  • Del Mar Heights School Rated A+
  • Home Office
  • Laundry Room

About This Home

As of July 2020

Rare opportunity to customize a permitted architectural gem in Del Mar Village. Avoid an arduous and contentious entitlement process, years of wasted time seeking subjective City approvals, and the uncertainty that comes along with that process. Start building your DREAM HOME right away with this turnkey opportunity offered by HWDC. The Bokal & Sneed designed project has a main residence with 4,298 sf of living space (5br/5bth) and a 620 sf detached ADU (1br/1.5bth). See supplemental for details! Permitted project offered for sale by Heritage West Development (HWDC) prior to construction. Avoid the time, headache, hassle, and uncertainty of Del Mar's subjective entitlement process and skip straight to the fun stuff! Turnkey project with pre-assembled team of top local professionals to assist Buyer in "hassle free" construction process while helping to customize the home's "fit & finish" to the Buyer's liking. HWDC will be the project's developer / general contractor, Bokal & Sneed Architects will be the project architect, and Calla McNamara will be the project's interior design consultant. The home's Main Residence will have 4,298 sq ft of living space with 5 bedrooms, 5 bathrooms, an office, and a library room. The Main Residence will have two stories above grade plus a partially subterranean basement with lots of natural light. There will be nice ocean views from nearly all of the rooms on the home’s Main Level (Kitchen, Dining Room, Living Room, Library Room, and Office) and spectacular ocean views form the Master Suite on the 2nd floor. In addition to the Main Residence, there will be a detached Accessory Dwelling Unit (basically a guest house with a full kitchen and laundry) that has 1 bedroom, 1.5 bathrooms, and 620 sq ft of additional living space. The ADU could be used as a Guest Suite, Nanny Quarters, Home Office, Gym, etc. It can also be rented out, separate from the Main Residence, with no rental restrictions. The MLS list price represents the estimated total value of the project at final completion. However, the project is currently listed for sale prior to construction. The price to "Buy it Now", and customize the home's finishes, is $5 million. This price is calculated by taking the estimated value of the project at final completion ($8.5 million) minus the project's total ESTIMATED construction costs ($3.5 million). For further information about the "Buy it Now" deal structure, ESTIMATED construction budget, or general project questions please don't hesitate to call Ryan Gad or Howard Gad at HWDC.

Last Agent to Sell the Property

Ryan Gad

Heritage West Realty Inc License #01879378 Listed on: 02/27/2020

Co-Listed By

Howard Gad

Heritage West Realty Inc License #00754948

Last Buyer's Agent

Jay Becker

Pacific Sotheby's Int'l Realty License #01711873

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020

Lot Details

  • 13,069 Sq Ft Lot
  • Glass Fence
  • Wood Fence
  • Chain Link Fence
  • Gentle Sloping Lot

Parking

  • 2 Car Garage
  • Driveway
  • On-Street Parking

Home Design

  • Craftsman Architecture
  • Asphalt Roof
  • Bitumen Roof
  • Shingle Siding
  • Cement Siding

Interior Spaces

  • 4,918 Sq Ft Home
  • 3-Story Property
  • Fireplace
  • Home Theater
  • Home Office
  • Storage Room
  • Fire Sprinkler System
  • Basement

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Freezer

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

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

Additional Features

  • Outdoor Grill
  • 620 SF Accessory Dwelling Unit

Listing and Financial Details

  • Assessor Parcel Number 299-260-78

Home Details

Home Type

Single Family

Year Built

Built in 2020

Lot Details

0.3 Acres

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Craftsman/Bungalow
  • Residential Styles: Detached
  • Market Area: Coastal North
  • Cross Street: Zuni Drive
  • Neighborhood: Del Mar Village "The Hill"
  • Supplement: Permitted project offered for sale by Heritage West Development (HWDC) prior to construction. Avoid the time, headache, hassle, and uncertainty of Del Mar's subjective entitlement process and skip straight to the fun stuff! Turnkey project with pre-assembled team of top local professionals to assist Buyer in "hassle free" construction process while helping to customize the home's "fit & finish" to the Buyer's liking. HWDC will be the project's developer / general contractor, Bokal & Sneed Architects will be the project architect, and Calla McNamara will be the project's interior design consultant. The home's Main Residence will have 4,298 sq ft of living space with 5 bedrooms, 5 bathrooms, an office, and a library room. The Main Residence will have two stories above grade plus a partially subterranean basement with lots of natural light. There will be nice ocean views from nearly all of the rooms on the home’s Main Level (Kitchen, Dining Room, Living Room, Library Room, and Office) and spectacular ocean views form the Master Suite on the 2nd floor. In addition to the Main Residence, there will be a detached Accessory Dwelling Unit (basically a guest house with a full kitchen and laundry) that has 1 bedroom, 1.5 bathrooms, and 620 sq ft of additional living space. The ADU could be used as a Guest Suite, Nanny Quarters, Home Office, Gym, etc. It can also be rented out, separate from the Main Residence, with no rental restrictions. The MLS list price represents the estimated total value of the project at final completion. However, the project is currently listed for sale prior to construction. The price to "Buy it Now", and customize the home's finishes, is $5 million. This price is calculated by taking the estimated value of the project at final completion ($8.5 million) minus the project's total ESTIMATED construction costs ($3.5 million). For further information about the "Buy it Now" deal structure, ESTIMATED construction budget, or general project questions please don't hesitate to call Ryan Gad or Howard Gad at HWDC.
  • Estimated Living Space: 4,000 to 4,999 SqFt
  • LP / Sq Ft: 1728.14
  • Price Per Sq Ft: 935.34
  • SP/ Sq Ft: 935.34
  • Stories: 3 Story
  • Ownership: Fee Simple
  • Total Stories: 3
  • Year Built: 2020
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Fire Sprinklers, Microwave, Range/Oven, Refrigerator, Freezer, Range/Stove Hood, Barbecue
  • Searchable Rooms: Basement, Office, Storage Room, Home Theatre
  • Total Bedrooms: 7
  • Bedrooms: 6
  • Master Bedroom Dimensions: 15x14
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Laundry Location: Closet Stacked, Laundry Room
  • Estimated Sq Ft: 4918
  • Total Bathrooms: 7

Exterior Features

  • Exterior Material: Cement Siding, Shingle Siding
  • Fencing: Glass, Chain Link, Wood
  • Roof: Asphalt, Bitumen
  • Guest House Sq Ft: 620

Garage/Parking

  • Garage Details: Garage
  • Garage Spaces: 2
  • Non Garage Parking: Driveway, Street
  • Parking Spaces Total: 5

Utilities

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

Condo/Co-op/Association

  • Community: DEL MAR

Lot Info

  • Lot Size: .25 to .5 AC
  • Topography: Slope Gentle
  • Zoning: R-1
  • Assessor Parcel Number: 299-260-78
  • Estimated Lot Sq Ft: 13069
  • Estimated Number of Acres: 0.3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2020
Closed on
Jun 5, 2020
Sold by
Bought by
Seller's Agent
Ryan Gad
Heritage West Realty Inc
Buyer's Agent
Jay Becker
Pacific Sotheby's Int'l Realty
List Price
$8,499,000
Sold Price
$4,600,000
Premium/Discount to List
-$3,899,000
-45.88%
Current Estimated Value
$7,498,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,898,597
Avg. Annual Appreciation
8.44%

Purchase Details

Closed on
Jun 7, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,787,500
Interest Rate
4.02%
Mortgage Type
Unknown

Purchase Details

Listed on
Sep 22, 2014
Closed on
Oct 2, 2014
Sold by
Bought by
Seller's Agent
Laura Barry
Barry Estates
Buyer's Agent
Paul Skrabo
Coldwell Banker Realty
List Price
$1,800,000
Sold Price
$1,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.96%
Original Mortgage
$1,440,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 12, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$905,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2000
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,600,000 Chicago Title Company
$2,750,000 First American Title Company
$1,800,000 First American Title Company
-- Commonwealth Land Title Co
-- Commonwealth Land Title Co
-- Accommodation
-- Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,787,500
Previous Owner $1,440,000
Previous Owner $500,000
Previous Owner $905,000
Previous Owner $15,000
Previous Owner $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2020 07/17/20 Sold $4,600,000 -45.9% $935 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
02/27/2020 02/27/20 For Sale $8,499,000 +372.2% $1,728 / Sq Ft
11/12/2014 11/12/14 Sold $1,800,000 0.0% $1,616 / Sq Ft View Prior Sale
10/12/2014 10/12/14 Pending -- -- --
09/22/2014 09/22/14 For Sale $1,800,000 -- $1,616 / Sq Ft
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $70,949 $6,793,639 $4,968,362 $1,825,277
2025 $69,549 $6,660,432 $4,870,944 $1,789,488
2024 $69,549 $6,529,836 $4,775,436 $1,754,400
2023 $68,019 $4,692,000 $4,590,000 $102,000
2022 $50,058 $4,692,000 $4,590,000 $102,000
2021 $48,207 $4,600,000 $4,500,000 $100,000
2020 $30,595 $2,861,100 $2,705,040 $156,060
2019 $29,993 $2,805,000 $2,652,000 $153,000
2018 $28,663 $2,750,000 $2,600,000 $150,000
2017 $19,467 $1,863,997 $1,786,332 $77,665
2016 $18,828 $1,827,449 $1,751,306 $76,143
2015 $18,546 $1,800,000 $1,725,000 $75,000
2014 $840 $74,767 $39,923 $34,844
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200009628

San Diego MLS

APN: 299-260-78

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