$1,600,000
SOLD JUL 30, 2021

701 Valley Ave Solana Beach, CA 92075

0.21 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

$1,559 Per Sq Ft

20% Below List Price

13 Days on Market

About This Lot

As of July 2021

Variance granted Commercial: Lnd/Rch/Grv. Amazing development opportunity on large lot West of 5 in very desirable neighborhood! Close to beach, race track and restaurants. Long term family owned residence that has been well cared for. New remodeled bathrooms, New 2Ply Roof! Large open lot that is 9300 square feet!! This is a once in a lifetime opportunity to remodel or develop this fantastic property! This property can be developed as a mix-use multi unit property. The home is permitted and the City has indicated that an ADU can be built. This could also be an income producing opportunity for a commercial business in front and multiple condos. in back (must verify with City)

Last Agent to Sell the Property

James Philipps

Alta Realty Group CA, Inc. License #01382072 Listed on: 06/18/2021

Alta Realty Group CA, Inc.

Last Buyer's Agent

Eric Jauch

B D Holdings Inc License #01887580

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,830

Listing and Financial Details

  • Assessor Parcel Number 298-131-14-00

Property Details

Property Type

Land

Est. Annual Taxes

$17,830

Lot Details

0

Listing Details

  • Class: Commercial-Lnd/Rn/Grv
  • Type: Com-Lnd/Rn/Grv
  • Type of Land: Commercial
  • Market Area: Coastal North
  • Price Per Sq Ft: 215.0
  • Sale Price List Price: 1.07
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Estimated Lot Dimensions: 50X185
  • Assessor Parcel Number: 298-131-14-00
  • Current Use: Commercial, Multi-Dwelling, Residential
  • Improvements: Curbs, Electric, Gas, Water
  • Improvements Percent: 20
  • Land Percent: 80
  • Land Use1: Commercial
  • Land Use2: Mixed Use
  • Land Use3: Residential
  • Possible New Zoning: Commercial
  • Price Per Acre: 9500000.0
  • Total Useable Percent: 95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2021
Sold by
Witcher Daniel S and Witcher Jouet N
Bought by
Witcher Family Enterprises Llc

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 7, 2021
Sold by
Alvarez Magdalena S and Aleman Christine
Bought by
Witcher Daniel Scott and Witcher Jouet
Seller's Agent
James Philipps
Alta Realty Group CA, Inc.
Buyer's Agent
Eric Jauch
B D Holdings Inc
List Price
$1,995,000
Sold Price
$1,600,000
Premium/Discount to List
-$395,000
-19.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.26%
Original Mortgage
$1,120,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2008
Sold by
Leidecker Dirck S
Bought by
Leidecker Joanne L and Leidecker Dirck S

Purchase Details

Closed on
Apr 23, 2008
Sold by
Powell Hernandez Denise R
Bought by
Powell Hernandez Denise R and Hernandez Luciano R

Purchase Details

Closed on
May 18, 2007
Sold by
Alvarez Magdalena S
Bought by
Alvarez Magdalena S and Aleman Christine

Purchase Details

Closed on
Feb 26, 2001
Sold by
Hernandez Vera C
Bought by
Hernandez Vera C
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 Type Sale Price Title Company
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $1,600,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,717,500 Construction
Previous Owner $1,120,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 For Sale $2,750,000 +71.9% $2,680 / Sq Ft
07/30/2021 07/30/21 Sold $1,600,000 +7.0% $1,559 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/26/2021 06/26/21 Price Changed $1,495,000 -25.1% $1,457 / Sq Ft
06/18/2021 06/18/21 For Sale $1,995,000 -- $1,944 / 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
2025 $17,830 $1,697,932 $1,591,812 $106,120
2024 $17,830 $1,664,640 $1,560,600 $104,040
2023 $17,443 $1,632,000 $1,530,000 $102,000
2022 $17,168 $1,600,000 $1,500,000 $100,000
2021 $448 $28,078 $15,741 $12,337
2020 $445 $27,791 $15,580 $12,211
2019 $438 $27,247 $15,275 $11,972
2018 $431 $26,714 $14,976 $11,738
2017 $424 $26,191 $14,683 $11,508
2016 $404 $25,679 $14,396 $11,283
2015 $399 $25,294 $14,180 $11,114
2014 $394 $24,800 $13,903 $10,897
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210017022

San Diego MLS

APN: 298-131-14