NOT LISTED FOR SALE

Estimated Value: $1,956,000 - $2,183,000

6 Beds
6 Baths
3,170 Sq Ft
$653/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $1,330,000 $420 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $12,945/month

19 Days on Market

Highlights

  • RV Parking in Community
  • Cul-De-Sac
  • Level Lot
  • La Costa Meadows Elementary Rated A
  • Property is Fully Fenced

About This Home

As of August 2020

Located in the desirable La Costa area, this amazing well maintained duplex is located on a small cul-de-sac for ultimate privacy. Each unit features a spacious 3 bedroom / 2.5 bath floor plan with private patio, balcony, & separate fenced yard. Features include an abundance of natural light, fireplace & laundry. Low maintenance yards make it ideal for entertaining and simply relaxing in the SoCal sun. All this on an approximate 17,000 sq. ft. lot. Nearby great shopping, dining, golf, beaches & freeway.

Last Listed By

Brent Ringoot

Berkshire Hathaway HomeServices California Properties License #01378916 Listed on: 06/18/2020

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,269

Year Built

  • Built in 1979

Lot Details

  • 0.39 Acre Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System

Parking

  • RV Potential

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Schools

  • Carlsbad Unified School District Elementary And Middle School
  • Carlsbad Unified School District High School

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 215-250-35-00

Community Details

Overview

  • 2 Units
  • La Costa Meadows Community
  • RV Parking in Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $52,204

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,269

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Luciernaga Dr.
  • Neighborhood: Carlsbad
  • LP / Sq Ft: 18.87
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1979
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Garage/Parking

  • Parking for RV: Potential Space

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: La Costa Meadows
  • Pets Allowed: Yes
  • Community: LA COSTA
  • Complex Features: RV/Boat Parking

Schools

  • School District URL: http://www.carlsbadusd.k12.ca.us/
  • Elementary School: Carlsbad Unified School District
  • Elementary School Website: http://www.carlsbadusd.k12.ca.us/
  • High School: Carlsbad Unified School District
  • Middle School Url: http://www.carlsbadusd.k12.ca.us/
  • Middle School: Carlsbad Unified School District

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: .25 to .5 AC
  • Site: Cul-De-Sac, Curbs, Public Street, Sidewalks, Street Paved
  • Topography: Level, Slope Gentle
  • Water District: CARLSBAD MUNICIPAL WATER DISTRI
  • Zoning: R-2
  • Assessor Parcel Number: 215-250-35-00
  • Estimated Lot Sq Ft: 16920
  • Water District URL: http://www.ci.carlsbad.ca.us/cserv/water.html
  • Estimated Number of Acres: 0.39

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 52204
  • Annual Expense Actual: 13796
  • Gross Rent Multiplier Actual: 19.6
  • Gross Rent Multiplier Projected: 15.4
  • Gross Sched Income Actual: 66000
  • Gross Sched Income Projected: 84000
  • Number Of Buildings: 1
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Jul 15, 2020
Sold by
Barnett Linda L
Bought by
Turrell John Franklin
Seller's Agent
Brent Ringoot
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Gregory Jackson
Harcourts Prime Properties
List Price
$1,325,000
Sold Price
$1,330,000
Premium/Discount to List
$5,000
0.38%
Total Days on Market
19
Current Estimated Value
$2,070,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$740,367
Avg. Annual Appreciation
9.79%
Original Mortgage
$1,225,000
Outstanding Balance
$1,103,627
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$973,136

Purchase Details

Listed on
May 31, 2016
Closed on
Jun 9, 2016
Sold by
Steb Properties Llc
Bought by
Barnett Linda L
Seller's Agent
Linda Krikorian
Coldwell Banker Realty
Buyer's Agent
Patrick Shannon
Coastal Premier Properties
List Price
$1,014,000
Sold Price
$1,014,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$190,000
Interest Rate
3.57%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 21, 2013
Sold by
Madsen Steven and Madsen Debbie
Bought by
Steb Properties Llc

Purchase Details

Closed on
Nov 24, 2008
Sold by
Jpmorgan Chase Bank National Association
Bought by
Madsen Steven and Madsen Debbie

Purchase Details

Closed on
Jul 22, 2008
Sold by
Nasehi Abdi
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Jul 2, 2008
Sold by
Nasehi Abdi
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Mar 27, 2007
Sold by
Nasehi Leslie A
Bought by
Nasehi Abdi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 8, 2007
Sold by
Pape Gregory Martin
Bought by
Nasehi Abdi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 18, 1997
Sold by
Henis Jay M S and Henis Evelyn J
Bought by
Pape Gregory Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
8.14%

Purchase Details

Closed on
Dec 1, 1986

Purchase Details

Closed on
Aug 22, 1983

Range of Values:

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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
Turrell John Franklin $1,330,000 California Title Company
Barnett Linda L $1,014,000 Equity Title San Diego
Steb Properties Llc -- None Available
Madsen Steven $635,000 Service Link
Washington Mutual Bank $686,150 Fidelity National Title
Washington Mutual Bank $686,150 Fidelity National Title
Nasehi Abdi -- Commonwealth Title
Nasehi Abdi $837,500 Commonwealth Title
Pape Gregory Martin $265,000 First American Title
-- $230,000 --
-- $166,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turrell John Franklin $1,225,000
Previous Owner Barnett Linda L $190,000
Previous Owner Nasehi Abdi $650,000
Previous Owner Pape Gregory Martin $500,000
Previous Owner Pape Gregory Martin $213,000
Previous Owner Pape Gregory Martin $186,000
Previous Owner Pape Gregory Martin $238,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2020 08/20/20 Sold $1,330,000 +0.4% $420 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $1,325,000 0.0% $418 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $1,325,000 +30.7% $418 / Sq Ft
06/24/2016 06/24/16 Sold $1,014,000 0.0% $320 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $1,014,000 -- $320 / 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
2024 $16,269 $1,411,406 $986,923 $424,483
2023 $15,857 $1,383,732 $967,572 $416,160
2022 $15,522 $1,356,600 $948,600 $408,000
2021 $15,193 $1,330,000 $930,000 $400,000
2020 $12,650 $1,097,585 $811,824 $285,761
2019 $12,596 $1,076,064 $795,906 $280,158
2018 $12,299 $1,054,965 $780,300 $274,665
2017 $12,074 $1,034,280 $765,000 $269,280
2016 $8,344 $690,763 $467,937 $222,826
2015 $8,172 $680,388 $460,909 $219,479
2014 $7,942 $667,061 $451,881 $215,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200028119

San Diego MLS

APN: 215-250-35