NOT LISTED FOR SALE

Estimated Value: $1,630,000 - $2,399,000

2 Beds
2.5 Baths
1,389 Sq Ft
$1,482/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $1,550,000 $1,116 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $13,010/month

5 Days on Market

Highlights

  • Ocean View
  • 0.86 Acre Lot
  • Breakfast Area or Nook
  • Gated Parking
  • Retreat
  • Laundry Room

About This Home

As of September 2020

700 South Strand premier ocean front address! Ocean front luxury condominium with breathtaking panoramic views from entire living area! Spacious master en suite that opens into private deck. Gorgeous kitchen with stainless steel appliances, modern cabinetry, island seating and tile backsplash. Gated patio that gives you direct access to the Strand. This is truly coastal living at its finest! Conveniently located near shops, restaurants, and the pier harbor and train station.

Last Agent to Sell the Property

Patrick Marelly

Compass License #01054284 Listed on: 08/25/2020

Compass

Co-Listed By

John Beran

First Team Real Estate License #00799377

Last Buyer's Agent

Patrick Marelly

Compass License #01054284 Listed on: 08/25/2020

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,437

Year Built

  • Built in 2016

Lot Details

  • 0.86 Acre Lot
  • Level Lot

HOA Fees

  • $604 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Gated Parking
  • Assigned Parking

Property Views

  • Ocean
  • Panoramic

Home Design

  • Duplex
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,389 Sq Ft Home
  • 1-Story Property

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Retreat

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 17 Units
  • The Strand HOA, Phone Number (858) 270-7870
  • 700 The Strand

Listing and Financial Details

  • Assessor Parcel Number 1502604202

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,437

Year Built

Built in 2016

Lot Details

0

HOA Fees

$604 per month

Parking

2

Listing Details

  • Park Name: 700 The Strand
  • Property Attached: Yes
  • Subdivision Name Other: Oceanside
  • View: Yes
  • Zoning: R-1:SINGLE
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 1502604202
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Living Area: 1389.00 Square Feet
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook
  • Levels: One
  • Price Per Square Foot: 1115.91
  • Room Type: Master Bathroom, Master Bedroom, Retreat

Exterior Features

  • View: Ocean, Panoramic
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Electric Dryer Hookup, Inside, Gas Dryer Hookup
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 604.00
  • Association Fee Frequency: Monthly
  • Association Name: The Strand HOA
  • Phone: 858.270.7870
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 37360.00
  • Lot Size Acres: 0.8600

Multi Family

  • Lot Size Area: 37360.0000 Square Feet
  • Number Of Units In Community: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2024
Sold by
Cacho-Negrete Bruce and Cacho-Negrete Lise
Bought by
Bruce Cacho-Negrete And Lise Cacho-Negrete Ab and Cacho-Negrete
Total Days on Market
5
Current Estimated Value
$2,058,361

Purchase Details

Listed on
Aug 25, 2020
Closed on
Sep 1, 2020
Sold by
Santa Monic Auto Plazas Llc
Bought by
Cacho Negrete Bruce and Cacho Negrete Lisa
Seller's Agent
Patrick Marelly
Compass
Buyer's Agent
Patrick Marelly
Compass
List Price
$1,595,000
Sold Price
$1,550,000
Premium/Discount to List
-$45,000
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.77%
Original Mortgage
$1,550,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2016
Sold by
700 South Strand Llc
Bought by
Santa Monica Auto Plazas Llc
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
Bruce Cacho-Negrete And Lise Cacho-Negrete Ab -- None Listed On Document
Cacho Negrete Bruce $1,550,000 Ticor Title San Diego Branch
Santa Monica Auto Plazas Llc $1,269,000 Fidelity
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2020 09/03/20 Sold $1,550,000 -2.8% $1,116 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $1,595,000 -- $1,148 / 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 $18,437 $1,677,769 $1,353,040 $324,729
2024 $18,437 $1,644,872 $1,326,510 $318,362
2023 $17,870 $1,612,620 $1,300,500 $312,120
2022 $17,600 $1,581,000 $1,275,000 $306,000
2021 $17,670 $1,550,000 $1,250,000 $300,000
2020 $15,331 $1,373,341 $1,082,432 $290,909
2019 $14,885 $1,346,413 $1,061,208 $285,205
2018 $14,727 $1,320,013 $1,040,400 $279,613
2017 $14,458 $1,294,131 $1,020,000 $274,131
2016 $7,218 $652,798 $581,798 $71,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200041087

California Regional Multiple Listing Service (CRMLS)

APN: 150-260-42-02