NOT LISTED FOR SALE

692 Rimini Rd Del Mar, CA 92014

Estimated Value: $4,541,000 - $4,664,000

4 Beds
3 Baths
2,656 Sq Ft
$1,728/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $2,800,000 $1,054 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $27,591/month

Highlights

  • Ocean View
  • Fireplace in Primary Bedroom
  • 2 Car Attached Garage
  • Del Mar Heights School Rated A+
  • Private Yard
  • Forced Air Heating System

About This Home

As of January 2021

Located atop a private hill on a very peaceful street in Del Mar. Take in the panoramic ocean views of the crystal blue surf from the home’s view decks & multiple living spaces. Exposed beam vaulted ceilings throughout, 4BR/3BA w office, breakfast room, formal dining room, roomy living room & offers dual master suites. The upstairs master suite includes a kitchenette, sitting room, fireplace & sweeping views. Easily stroll to Olde Del Mar shops & restaurants. One year lease preferred. Home is unfurnished. Contact Melissa James for all showings (858) 280-6068

Last Agent to Rent the Property

Melissa James

Vision Realty Plus Inc License #02041041 Listed on: 10/24/2020

Co-Listed By

Rande Turner

Vision Realty Plus Inc License #00857729

Last Renter's Agent

Melissa James

Vision Realty Plus Inc License #02041041 Listed on: 10/24/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 0.32

Parking

  • 2 Car Attached Garage
  • Driveway

Interior Spaces

  • 2,656 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Ocean Views
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gravity Heating System

Additional Features

  • Private Yard
  • West of 5 Freeway

Listing and Financial Details

  • Security Deposit $7,000
  • Requirements for Move-In include cashier check/money order, credit report, security deposit
  • Tenant pays for sewer, trash, water, cable TV, electricity, gas
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 300-143-22-00

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Cable TV, Electricity, Gas
  • Lease Required: Yes
  • Move In Requirements: Cashier Check/Money Order, Credit Report, Security Deposit
  • Rental Type: Residential
  • Security Deposit: 7000

Listing Details

  • Class: RESIDENTIAL RENTAL
  • Rental Residential Styles: Detached
  • Market Area: Coastal North
  • Cross Street: Cuchara
  • Neighborhood: Olde Del Mar
  • Supplement: Contact Melissa James for all showings (858) 280-6068
  • Estimated Living Space: 2,500 to 2,999 SqFt
  • LP / Sq Ft: 2.54
  • Price Per Sq Ft: 2.54
  • Stories: 2 Story
  • Price Reflects: Monthly
  • Total Stories: 2
  • Year Built: 1970
  • Allow Comments Review: Yes
  • C B B Paid: At Move In
  • C B B Percent Contract Length: Term of Lease
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Disposal, Range/Oven, Refrigerator
  • Fireplaces: 2
  • Fireplace Location: FP in Living Room, FP in Master BR
  • Bedrooms: 4
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Laundry Location: Garage
  • Estimated Sq Ft: 2656
  • Total Bathrooms: 3

Exterior Features

  • View: Ocean, Panoramic Ocean
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Parking Spaces Total: 5

Utilities

  • Sewer/Septic: Sewer Connected
  • Heat Equipment: Forced Air Unit, Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Allowed w/Restrictions
  • Community: DEL MAR

Lot Info

  • Lot Size: .25 to .5 AC
  • Site: West of I-5
  • Assessor Parcel Number: 300-143-22-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2020
Closed on
Mar 3, 2021
Sold by
Rimini Project Llc
Bought by
Kneeshaw Family Trust and Kneeshaw
Seller's Agent
Melissa James
Vision Realty Plus Inc
Buyer's Agent
Melissa James
Vision Realty Plus Inc
Sold Price
$6,750
Current Estimated Value
$4,588,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,582,095

Purchase Details

Listed on
Mar 19, 2020
Closed on
Sep 10, 2020
Sold by
Virginia Lee Melvin 2016 Irrevocable Tru and Melvin Richard
Bought by
Rimini Project Llc
Seller's Agent
Layne Harrison
Compass
Buyer's Agent
Rande Turner
Vision Realty Plus Inc
List Price
$2,999,999
Sold Price
$2,800,000
Premium/Discount to List
-$199,999
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%
Original Mortgage
$2,550,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2016
Sold by
Melvin Virginia L and Melvin Robert E
Bought by
Melvin Richard and The Virginia Lee Melvin 2016 I
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kneeshaw Family Trust -- Chicago Title
Rimini Project Llc $2,800,000 Chicago Title
Melvin Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rimini Project Llc $2,550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/04/2021 01/04/21 Rented $6,750 0.0% --
12/18/2020 12/18/20 For Rent $6,750 0.0% --
12/03/2020 12/03/20 Under Contract -- -- --
11/27/2020 11/27/20 For Rent $6,750 0.0% --
11/05/2020 11/05/20 Off Market $6,750 -- --
10/24/2020 10/24/20 For Rent $6,750 0.0% --
10/08/2020 10/08/20 Sold $2,800,000 -6.7% $1,054 / Sq Ft View Prior Sale
08/24/2020 08/24/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $2,999,999 0.0% $1,130 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
08/05/2020 08/05/20 Price Changed $2,999,999 -9.0% $1,130 / Sq Ft
07/17/2020 07/17/20 Price Changed $3,295,000 -8.5% $1,241 / Sq Ft
03/19/2020 03/19/20 For Sale $3,600,000 -- $1,355 / 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 $44,861 $3,401,282 $2,706,080 $695,202
2024 $36,270 $3,401,282 $2,706,080 $695,202
2023 $30,999 $2,913,120 $2,653,020 $260,100
2022 $30,503 $2,856,000 $2,601,000 $255,000
2021 $29,375 $2,800,000 $2,550,000 $250,000
2020 $2,074 $186,881 $39,264 $147,617
2019 $2,034 $183,218 $38,495 $144,723
2018 $1,946 $179,627 $37,741 $141,886
2017 $1,836 $176,105 $37,001 $139,104
2016 $1,774 $172,653 $36,276 $136,377
2015 $1,747 $170,061 $35,732 $134,329
2014 $1,711 $166,731 $35,033 $131,698
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200049746

San Diego MLS

APN: 300-143-22