$1,014,000
SOLD JUN 24, 2016
6 Beds
6 Baths
3,170 Sq Ft
0.39 Acres

Recently Sold

$320 Per Sq Ft

7 Days on Market

Highlights

  • Ocean View
  • La Costa Meadows Elementary Rated A
  • Forced Air Heating System

About This Home

As of August 2020

Well maintained duplex, refurbished in 2008 located in the best part of La Costa on a small cul-de-sac, private & quiet. Beautifully landscaped with low water plants & artificial lawns, patios, balconies with peek of ocean view from upstairs. All new concrete driveway & parking area with detached 4 car garage. Exterior has new stucco, paint, fences & garage doors. Interiors also partially refurbished. Long time family tenants in both units. Seller may carry w/25% down 3.75% for 15 years. Neighborhoods: Alga-La Costa Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 6825 Unit # for Unit 2: 6827 Number of Furnished Units: 0 Topography: GSL

Last Agent to Sell the Property

Linda Krikorian

Coldwell Banker Realty License #00782670 Listed on: 05/31/2016

Coldwell Banker Realty

Last Buyer's Agent

Patrick Shannon

Coastal Premier Properties License #01960457

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,269

Year Built

  • Built in 1979

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 37x196x174x157
  • Sprinkler System

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Ocean Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for water, cable TV, electricity, gas
  • Assessor Parcel Number 2152503500

Community Details

Overview

  • 2 Units
  • La Costa Meadows

Building Details

  • Net Operating Income $36,460

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,269

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 5.03
  • Park Name: La Costa Meadows
  • Subdivision Name Other: La Costa
  • View: Yes
  • Zoning: R-2
  • Property Type: Residential Income
  • Parcel Number: 2152503500
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Appliances: Yes
  • Levels: Two

Exterior Features

  • View: Ocean
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas, Forced Air

Lot Info

  • Lot Features: Sprinkler System
  • Lot Size: 37x196x174x157
  • Lot Size Sq Ft: 16920.00
  • Lot Size Acres: 0.3900

Rental Info

  • Tenant Pays: Water, Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 50400.00
  • Lot Size Area: 16920.0000 Square Feet
  • Net Operating Income: 36460.00
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 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
7
Current Estimated Value
$2,011,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$681,615
Avg. Annual Appreciation
9.11%
Original Mortgage
$1,225,000
Outstanding Balance
$1,089,103
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$960,652

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
Source: Public Records

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 Type Sale Price Title Company
Grant Deed $1,330,000 California Title Company
Grant Deed $1,014,000 Equity Title San Diego
Quit Claim Deed -- None Available
Grant Deed $635,000 Service Link
Trustee Deed $686,150 Fidelity National Title
Trustee Deed $686,150 Fidelity National Title
Interfamily Deed Transfer -- Commonwealth Title
Grant Deed $837,500 Commonwealth Title
Individual Deed $265,000 First American Title
Deed $230,000 --
Deed $166,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,225,000 VA
Previous Owner $190,000 Seller Take Back
Previous Owner $650,000 Unknown
Previous Owner $500,000 Fannie Mae Freddie Mac
Previous Owner $213,000 Unknown
Previous Owner $186,000 Credit Line Revolving
Previous Owner $238,500 No Value Available
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: 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 $16,269 $1,439,633 $1,006,661 $432,972
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: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160029530

California Regional Multiple Listing Service (CRMLS)

APN: 215-250-35