706 Balboa Ct Unit 8 San Diego, CA 92109
Mission Beach NeighborhoodEstimated Value: $2,780,000 - $3,337,000
5
Beds
4
Baths
2,225
Sq Ft
$1,398/Sq Ft
Est. Value
Highlights
- Ocean View
- Community Barbecue Grill
- Level Lot
- Pacific Beach Elementary School Rated A-
- Property is Fully Fenced
- 4-minute walk to South Mission Beach Park
About This Home
As of March 2017Rare South Mission Beach Ocean View Duplex! Located 1 lot off the Ocean Front, this high income duplex includes a 3BR/2BA upper unit & 2BR/2BA lower unit with 3 car parking & 1 Car Garage. Owners and visitors enjoy crashing surf ocean views from both units and year round sunshine from the decks. The upstairs 3BR has vaulted ceilings, open floor plan and spills onto the ocean view patio, while the downstairs 2BR/2BA flows onto the sunny beach side patio. The ideal beach investment steps to the sand! Other Info: 1) 3 Large parking spots for large SUVs plus 1 Car Garage for beach toys or small vehicle 2) Laundry is Common Laundry Room off the Parking/Garage 3) New Vinyl Siding/Fencing installed in 2010 by previous owner 4) Consistent Vacation Rental Income Year Round. 2013-2016 former owner averaged $100-$120k per year GSI. All rental #s and projections are based on vacation rentals, past owners bookings and may vary throughout the year.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $29,671
Year Built
- Built in 1979
Lot Details
- 2,887 Sq Ft Lot
- Property is Fully Fenced
- Level Lot
Parking
- Alley Access
Home Design
- Composition Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Ocean Views
Location
- West of 5 Freeway
Schools
- San Diego Unified School District Elementary And Middle School
- San Diego Unified School District High School
Utilities
- Gravity Heating System
- Separate Water Meter
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 423-725-14-00
Community Details
Overview
- 2 Units
- 706 708 Balboa Beach Side Community
Amenities
- Community Barbecue Grill
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 11, 2021
Sold by
Mamer Fred and Mamer Jack Alex
Bought by
Obrien Barbara Jack
Total Days on Market
73
Current Estimated Value
Purchase Details
Listed on
Jan 3, 2017
Closed on
Mar 17, 2017
Sold by
706-708 Balboa Ct Llc
Bought by
Mamer Fred and Jack Alex C
Seller's Agent
Trevor Pike
Compass
Buyer's Agent
Whitney Peyser
Compass
List Price
$2,099,000
Sold Price
$2,080,000
Premium/Discount to List
-$19,000
-0.91%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%
Purchase Details
Closed on
Sep 12, 2016
Sold by
San Diego Capital Management Services Ll
Bought by
706-708 Balboa Ct Llc
Purchase Details
Closed on
Aug 31, 2016
Sold by
Spoon Roberta
Bought by
San Diego Capital Management Services Ll
Purchase Details
Closed on
May 26, 2015
Sold by
Spoon Roberta and Wallace Robert
Bought by
Spoon Roberta
Purchase Details
Closed on
May 13, 2005
Sold by
Dotts Malcolm Phil and Dotts Stan P
Bought by
Spoon Roberta J and Wallace Robert H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 18, 2004
Sold by
Dotts Malcom Phil
Bought by
Balboa Ct Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,550
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 19, 1997
Sold by
Dotts Malcolm P and Philip Stanley
Bought by
Balboa Ct Llc
Purchase Details
Closed on
May 21, 1996
Sold by
Dotts Malcolm P and Dotts Virginia Irene
Bought by
Dotts Malcolm Phil and Dotts Virginia Irene
Purchase Details
Closed on
Oct 4, 1993
Sold by
Dotts Stan P and Dotts Laurie J
Bought by
Dotts Malcolm P and Dotts Virginia Irene
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Obrien Barbara Jack | -- | None Available | |
| Mamer Fred | $2,080,000 | Equity Title Company | |
| 706-708 Balboa Ct Llc | -- | None Available | |
| San Diego Capital Management Services Ll | $1,995,000 | First American Title Ins Co | |
| Spoon Roberta | -- | None Available | |
| Spoon Roberta | -- | None Available | |
| Spoon Roberta J | $1,880,000 | First American Title | |
| Dotts Malcolm Phil | -- | First American Title | |
| Dotts Malcolm Phil | -- | First American Title | |
| Balboa Ct Llc | -- | -- | |
| Dotts Malcolm Phil | -- | -- | |
| Dotts Malcolm Phil | -- | -- | |
| Balboa Ct Llc | -- | -- | |
| Dotts Stanley Philip | -- | -- | |
| Dotts Malcolm Phil | -- | -- | |
| Dotts Malcolm Phil | -- | -- | |
| Dotts Malcolm P | -- | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Spoon Roberta J | $750,000 | |
| Previous Owner | Spoon Roberta J | $1,000,000 | |
| Previous Owner | Balboa Ct Llc | $495,550 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/30/2017 03/30/17 | Sold | $2,080,000 | -0.9% | $935 / Sq Ft |
| 03/14/2017 03/14/17 | Pending | -- | -- | -- |
| 02/07/2017 02/07/17 | Price Changed | $2,099,000 | 0.0% | $943 / Sq Ft |
| 02/07/2017 02/07/17 | For Sale | $2,099,000 | -2.3% | $943 / Sq Ft |
| 01/30/2017 01/30/17 | Pending | -- | -- | -- |
| 12/31/2016 12/31/16 | For Sale | $2,149,000 | -- | $966 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
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 | $29,671 | $2,411,302 | $2,048,091 | $363,211 |
| 2023 | $29,017 | $2,364,023 | $2,007,933 | $356,090 |
| 2022 | $28,244 | $2,272,226 | $1,929,963 | $342,263 |
| 2021 | $28,049 | $2,272,226 | $1,929,963 | $342,263 |
| 2020 | $27,707 | $2,248,928 | $1,910,174 | $338,754 |
| 2019 | $27,213 | $2,204,832 | $1,872,720 | $332,112 |
| 2018 | $25,204 | $2,141,600 | $1,836,000 | $305,600 |
| 2017 | $23,394 | $1,995,000 | $1,700,000 | $295,000 |
| 2016 | $18,846 | $1,600,000 | $1,251,000 | $349,000 |
| 2015 | $18,850 | $1,600,000 | $1,251,000 | $349,000 |
| 2014 | -- | $1,300,000 | $1,017,000 | $283,000 |
Source: Public Records
Agents Affiliated with this Home
-
Trevor Pike
Seller's Agent in 2017
Trevor Pike
Compass
(619) 823-7503
11 in this area
44 Total Sales
-
Whitney Peyser
Buyer's Agent in 2017
Whitney Peyser
Compass
(760) 455-0839
1 in this area
66 Total Sales
Map
Source: San Diego MLS
MLS Number: 170000504
APN: 423-725-14
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