NOT LISTED FOR SALE

702 Cathy Ln Cardiff By the Sea, CA 92007

Cardiff-by-the-Sea Neighborhood

Estimated Value: $1,539,000 - $1,749,589

4 Beds
2 Baths
1,515 Sq Ft
$1,087/Sq Ft Est. Value

Last Sold January 13, 2021

Last sale price $1,250,000 $825 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $10,434/month

58 Days on Market

About This Home

As of January 2021

Strong rental income on this gorgeous remodeled mid century modern home. Concept drawings for an ADU above garage , enhancing income potential even more! Four bedrooms, two baths, two sided fireplace, luxury vinyl plank flooring, new windows throughout, new rough, beautiful landscaping, private fully fenced backyard.

Last Agent to Sell the Property

Kathy Blair

Pacific Sotheby's Int'l Realty License #01887905 Listed on: 10/21/2020

Pacific Sotheby's Int'l Realty

Co-Listed By

Christina Emmons

Pacific Sotheby's Int'l Realty License #01479221

Last Buyer's Agent

Bob Adams

RE/MAX Connections License #00683256

RE/MAX Connections

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,130

Year Built

  • Built in 1959

Lot Details

  • 7,200 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,515 Sq Ft Home

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Location

  • Suburban Location

Community Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • New Taxes Expense $1,285
  • Operating Expense $2,285
  • Gross Income $58,200
  • Net Operating Income $58,200

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 3503
  • Assessor Parcel Number 2601412000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,130

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • CapRate: 4.60
  • Property Attached: No
  • Zoning: R-2
  • Property Type: Residential Income
  • Parcel Number: 2601412000
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 825.08

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7200.00
  • Lot Size Acres: 0.1600

Multi Family

  • Gross Income: 58200.00
  • Gross Scheduled Income: 58200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 7200.0000 Square Feet
  • Net Operating Income: 58200.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Rent Control: No
  • Total Expenses: 2285.00

Tax Info

  • New Taxes Expense: 1285.00
  • Tax Lot: 29
  • Tax Tract Number: 003503

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 31, 2020
Sold by
Shah Pratik K and Shah Mairsa A
Bought by
Dunn Kirsten W and Dunn Stephen W
Seller's Agent
Kathy Blair
Pacific Sotheby's Int'l Realty
Buyer's Agent
Bob Adams
RE/MAX Connections
List Price
$1,249,000
Sold Price
$1,250,000
Premium/Discount to List
$1,000
0.08%
Current Estimated Value
$1,646,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,647
Avg. Annual Appreciation
6.73%
Original Mortgage
$495,500
Outstanding Balance
$447,269
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$1,220,480

Purchase Details

Listed on
Jul 27, 2020
Closed on
Sep 18, 2020
Sold by
Shah Pratik
Bought by
Shah Pratik K and Shah Marisa A
Seller's Agent
Kathy Blair
Pacific Sotheby's Int'l Realty
Sold Price
$4,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2019
Closed on
Aug 15, 2019
Sold by
Shah Mairsa
Bought by
Shah Pratik
Seller's Agent
Cindy Wing
Coldwell Banker West
Buyer's Agent
Kathleen Blair
Pacific Sotheby's Int'l Realty
List Price
$999,000
Sold Price
$905,000
Premium/Discount to List
-$94,000
-9.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.03%
Original Mortgage
$800,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 11, 2019
Closed on
Aug 6, 2019
Sold by
Hardin David Ross and Hardin Joan Marie
Bought by
Shah Pratik
Seller's Agent
Cindy Wing
Coldwell Banker West
Buyer's Agent
Kathleen Blair
Pacific Sotheby's Int'l Realty
List Price
$999,000
Sold Price
$905,000
Premium/Discount to List
-$94,000
-9.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 13, 2017
Sold by
Hardin Mary Jessie and Hardin Mary J
Bought by
Hardin Mary J and Mary J Hardin Revocable Trust
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
Dunn Kirsten W $1,250,000 Fidelity Natl Ttl San Diego
Shah Pratik K -- Western Resources Title Co
Shah Pratik -- Guardian Title Company
Shah Pratik $905,000 Guardian Title Company
Hardin Mary J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunn Kirsten W $495,500
Previous Owner Shah Pratik K $780,000
Previous Owner Shah Pratik $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2021 01/13/21 Sold $1,250,000 +0.1% $825 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $1,249,000 0.0% $824 / Sq Ft
08/12/2020 08/12/20 Rented $4,850 0.0% --
08/12/2020 08/12/20 Under Contract -- -- --
07/27/2020 07/27/20 For Rent $4,850 0.0% --
08/19/2019 08/19/19 Sold $905,000 -9.4% $597 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
07/11/2019 07/11/19 For Sale $999,000 -- $659 / 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
2024 $15,130 $1,326,510 $1,061,208 $265,302
2023 $14,742 $1,300,500 $1,040,400 $260,100
2022 $14,322 $1,275,000 $1,020,000 $255,000
2021 $10,522 $914,375 $788,080 $126,295
2020 $10,495 $905,000 $780,000 $125,000
2019 $1,285 $68,707 $21,925 $46,782
2018 $1,255 $67,361 $21,496 $45,865
2017 $1,252 $66,041 $21,075 $44,966
2016 $1,250 $64,747 $20,662 $44,085
2015 $1,270 $63,775 $20,352 $43,423
2014 $1,286 $62,527 $19,954 $42,573
Source: Public Records

Agents Affiliated with this Home

  • Kathy Blair

    Seller's Agent in 2021

    Kathy Blair

    Pacific Sotheby's Int'l Realty

    (760) 405-6324

    1 in this area

    18 Total Sales

    Kathy Blair
    Section Image
  • Christina Emmons

    Seller Co-Listing Agent in 2021

    Christina Emmons

    Pacific Sotheby's Int'l Realty

    (415) 660-9955

    1 in this area

    15 Total Sales

    Section Image
  • Bob Adams

    Buyer's Agent in 2021

    Bob Adams

    RE/MAX

    (858) 603-0738

    1 in this area

    61 Total Sales

    Bob Adams
    Section Image
  • Cindy Wing

    Seller's Agent in 2019

    Cindy Wing

    Coldwell Banker West

    (619) 223-9464

    28 Total Sales

    Cindy Wing
    Section Image

  • K

    Buyer's Agent in 2019

    Kathleen Blair

    Pacific Sotheby's Int'l Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2001604

California Regional Multiple Listing Service (CRMLS)

APN: 260-141-20

California San Diego County Cardiff By The Sea 92007 Cardiff-by-the-Sea

702 Cathy Ln, Cardiff By The Sea, CA

This home is located at 702 Cathy Ln, Cardiff By the Sea, CA 92007 since 21 October 2020 and is currently estimated at $1,646,647, approximately $1,086 per square foot. This property was built in 1959. 702 Cathy Ln is a home located in San Diego County with nearby schools including Ada W. Harris Elementary, Cardiff Elementary, and Oak Crest Middle School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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