NOT LISTED FOR SALE

714 Isthmus Ct San Diego, CA 92109

Mission Beach Neighborhood
6 Beds
6 Baths
-- Sq Ft
2,477 Sq Ft Lot

Last Sold September 23, 2016

Last sale price $2,010,750

108 Days on Market

Highlights

  • Ocean View
  • Property is Fully Fenced
  • 3-minute walk to Mission Beach Pocket Park
  • Pacific Beach Elementary School Rated A-
  • Level Lot

About This Home

As of September 2016

Fantastic Mission Beach duplex for sale less than a frisbee toss away from the sand with amazing ocean views from both units! Each home features 3 beds, 2.5 baths, a side-by-side 2-car garage, individual laundry, and over 1,500 sqft! Amazing vacation rental opportunity. Approximately $206k in gross income for 2015. Upper unit has multiple balconies including wrap-around fantastic view deck on 3rd floor. Lower level unit has large ocean view patio. Perfect for entertaining!

Last Agent to Sell the Property

Steve Cairncross

Berkshire Hathaway HomeServices California Properties License #00859218 Listed on: 05/19/2016

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Lisa Perich

Berkshire Hathaway HomeServices California Properties License #01489346

Last Buyer's Agent

Michael Casciola

SoCal Properties Inc License #01207586

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,156

Year Built

  • Built in 1990

Lot Details

  • 2,477 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Property Views

  • Ocean
  • Panoramic

Home Design

  • Stucco Exterior

Additional Features

  • 3-Story Property
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Vacation Rental by Owner
  • Assessor Parcel Number 423-662-21-00

Community Details

Overview

  • 2 Units
  • 714 716 Isthmus Ct Community

Building Details

  • Net Operating Income $83,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,156

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Strandway
  • Neighborhood: Mission Beach
  • Stories: 3 Story
  • Sale Price List Price: 0.9
  • Total Stories: 3
  • Year Built: 1990
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • View: Ocean, Panoramic

Utilities

  • Cooling: Central Forced Air
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: 714-716 Isthmus Ct
  • Community: MISSION BEACH

Lot Info

  • Lot Size: 1-3,999 SF
  • Topography: Level
  • Zoning: R4
  • Assessor Parcel Number: 423-662-21-00
  • Land Use Code: R4
  • Estimated Lot Sq Ft: 2477
  • Estimated Number of Acres: 0.06

Rental Info

  • Vacation Rental By Owner: Yes

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 83000
  • Annual Expense Actual: 123000
  • Gross Sched Income Actual: 206000
  • Number Of Buildings: 1
  • Number Of Furnished Units: 2
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2016
Sold by
Rft Management & Development Company
Bought by
Strongwater Llc
Total Days on Market
108

Purchase Details

Listed on
May 19, 2016
Closed on
Sep 8, 2016
Sold by
Diller Bay Llc
Bought by
Rft Management & Development Company
Seller's Agent
Steve Cairncross
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Michael Casciola
SoCal Properties Inc
List Price
$2,350,000
Sold Price
$2,010,750
Premium/Discount to List
-$339,250
-14.44%

Purchase Details

Closed on
Sep 30, 2013
Sold by
Santos Robert B and Santos Stacy L H
Bought by
Diller Bay Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 10, 2012
Sold by
Santos Robert B
Bought by
Diller Bay Llc

Purchase Details

Closed on
Jul 21, 2011
Sold by
Santos Stacy Lee Henson
Bought by
Santos Robert B

Purchase Details

Closed on
Apr 5, 2010
Sold by
Hitt Perry L
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Sep 26, 2000
Sold by
Cairncross Steven E and Cairncross Lori E
Bought by
Hitt Perry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,950
Interest Rate
8.01%

Purchase Details

Closed on
Mar 30, 2000
Sold by
Caircross Steven E and Cairncross Lori E
Bought by
Cairncross Steven E and Cairncross Lori E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
8.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 3, 2000
Sold by
Thurston Trust 02-27-89
Bought by
Cairncross Steven E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
8.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 2, 2000
Sold by
Cairncross Lori E
Bought by
Cairncross Steven E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
8.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 17, 1989
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
Strongwater Llc -- None Available
Rft Management & Development Company $2,011,000 Chicago Title Company Sd
Diller Bay Llc -- None Available
Santos Robert B -- Lsi
Diller Bay Llc -- None Available
Santos Robert B -- Landsafe Title
Santos Robert B $1,280,000 Landsafe Title
Hsbc Bank Usa National Association $1,170,000 Landsafe Title
Hitt Perry L $870,000 Chicago Title Co
Cairncross Steven E -- Commonwealth Land Title Co
Cairncross Steven E $490,000 First American Title
Cairncross Steven E -- First American Title
-- $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santos Robert B $750,000
Previous Owner Hitt Perry L $1,500,000
Previous Owner Hitt Perry L $553,453
Previous Owner Hitt Perry L $650,000
Previous Owner Hitt Perry L $100,000
Previous Owner Hitt Perry L $649,950
Previous Owner Cairncross Steven E $370,000
Closed Hitt Perry L $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2016 09/23/16 Sold $2,010,750 -14.4% --
09/04/2016 09/04/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $2,350,000 -- --
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
2024 $28,156 $2,287,886 $1,763,634 $524,252
2023 $27,535 $2,243,026 $1,729,053 $513,973
2022 $26,801 $2,199,046 $1,695,150 $503,896
2021 $26,616 $2,155,928 $1,661,912 $494,016
2020 $26,292 $2,133,823 $1,644,872 $488,951
2019 $25,822 $2,091,984 $1,612,620 $479,364
2018 $24,140 $2,050,965 $1,581,000 $469,965
2017 $23,578 $2,010,750 $1,550,000 $460,750
2016 $15,937 $1,352,305 $1,040,235 $312,070
2015 $15,702 $1,331,993 $1,024,610 $307,383
2014 $15,448 $1,305,902 $1,004,540 $301,362
Source: Public Records

Agents Affiliated with this Home

  • Steve Cairncross

    Seller's Agent in 2016

    Steve Cairncross

    Berkshire Hathaway HomeServices California Properties

    (858) 859-3370

    47 in this area

    252 Total Sales

    Steve Cairncross
    Section Image
  • Lisa Perich

    Seller Co-Listing Agent in 2016

    Lisa Perich

    Berkshire Hathaway HomeServices California Properties

    (619) 865-1022

    12 in this area

    89 Total Sales

    Lisa Perich
    Section Image
  • Michael Casciola

    Buyer's Agent in 2016

    Michael Casciola

    SoCal Properties Inc

    (858) 274-6323

    3 Total Sales

    Michael Casciola
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 160027275

San Diego MLS

APN: 423-662-21

California San Diego County San Diego 92109 Mission Beach

714 Isthmus Ct, San Diego, CA

This home is located at 714 Isthmus Ct, San Diego, CA 92109 since 19 May 2016. This property was built in 1990. 714 Isthmus Ct is a home located in San Diego County with nearby schools including Pacific Beach Elementary School, Pacific Beach Middle, and Mission Bay High School.

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