NOT LISTED FOR SALE

Estimated Value: $2,434,000 - $4,376,000

3 Beds
2 Baths
-- Sq Ft
2,400 Sq Ft Lot

Last Sold July 03, 2014

Last sale price $1,075,000

Est. 191% increase in value since last sale

Current estimated payment $18,928/month

14 Days on Market

Highlights

  • Community Barbecue Grill
  • Partially Fenced Property
  • Gravity Heating System
  • Pacific Beach Elementary School Rated A-

About This Home

As of July 2014

Cute and Charming Duplex just one house from the ocean. Current owner uses it for summer vacation rentals and off season long term student rentals. Keep the rentals or tear it down and build two brand new units. Great investment opportunity. In an area with little parking, this duplex has 2 spaces AND 2 garages. Upstairs has partial ocean view. New Windows and Newer roof, New travertine flooring in both units. Corner of Nantasket & Strandway.

Last Agent to Sell the Property

Valerie Zatt

Compass License #01444780 Listed on: 05/12/2014

Compass

Last Buyer's Agent

Valerie Zatt

Compass License #01444780 Listed on: 05/12/2014

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,909

Year Built

  • Built in 1970

Lot Details

  • 2,400 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Gravity Heating System

Community Details

  • 2 Units
  • Community Barbecue Grill

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 423-611-07-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,909

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Strandway
  • Neighborhood: North Mission Beach
  • Stories: 2 Story
  • Sale Price List Price: 0.86
  • Total Stories: 2
  • Year Built: 1970
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: MISSION BEACH
  • Complex Features: BBQ

Lot Info

  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 423-611-07-00
  • Land Use Code: R2
  • Estimated Lot Sq Ft: 2400
  • Map Code Column: H
  • Map Code Page: 1267
  • Map Code Row: 1

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 1
  • Number Of Furnished Units: 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

Tax Info

  • Assessor Parcel Number: 715Nantasket92109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2023
Sold by
Morgan Sean and Morgan Kimberly
Bought by
Morgan Family Trust
Current Estimated Value
$3,123,582

Purchase Details

Listed on
May 12, 2014
Closed on
May 28, 2014
Sold by
Lester Robert and Lester Jill
Bought by
Morgan Sean and Morgan Kimberly
Seller's Agent
Valerie Zatt
Compass
Buyer's Agent
Valerie Zatt
Compass
List Price
$1,250,000
Sold Price
$1,075,000
Premium/Discount to List
-$175,000
-14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.48%
Original Mortgage
$750,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 22, 2010
Sold by
Strand Nantasket Llc and Llewellyn Barbara
Bought by
Pfc Financial Inc Defined Benefit Pensio

Purchase Details

Closed on
Mar 24, 2008
Sold by
Llewellyn Barbara
Bought by
Strand Nantasket Llc

Purchase Details

Closed on
Sep 22, 2005
Sold by
The Llewellyn Family Trust and Bossenbroek Harriet
Bought by
Llewellyn Barbara and The Llewellyn Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.72%
Mortgage Type
New Conventional
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
Morgan Family Trust -- None Listed On Document
Morgan Sean -- None Listed On Document
Morgan Sean $1,075,000 Corinthian Title Company
Pfc Financial Inc Defined Benefit Pensio $825,000 Chicago Title Company
Strand Nantasket Llc -- Chicago Title Company
Strand Nantasket Llc -- None Available
Llewellyn Barbara -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morgan Sean $760,000
Previous Owner Morgan Sean $760,000
Previous Owner Morgan Sean $750,000
Previous Owner Llewellyn Barbara $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2014 07/03/14 Sold $1,075,000 -14.0% --
05/24/2014 05/24/14 Pending -- -- --
05/10/2014 05/10/14 For Sale $1,250,000 -- --
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
2025 $21,909 $1,814,786 $1,171,800 $642,986
2024 $21,909 $1,779,203 $1,148,824 $630,379
2023 $21,425 $1,744,318 $1,126,299 $618,019
2022 $20,854 $1,710,116 $1,104,215 $605,901
2021 $20,710 $1,676,585 $1,082,564 $594,021
2020 $20,457 $1,659,395 $1,071,464 $587,931
2019 $20,092 $1,626,858 $1,050,455 $576,403
2018 $18,784 $1,594,959 $1,029,858 $565,101
2017 $80 $1,563,686 $1,009,665 $554,021
2016 $18,060 $1,533,026 $989,868 $543,158
2015 $12,684 $1,075,000 $975,000 $100,000
2014 $10,217 $862,226 $757,714 $104,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 140025288

San Diego MLS

APN: 423-611-07