NOT LISTED FOR SALE

721 Camino Del Mar Del Mar, CA 92014

Estimated Value: $3,655,000 - $4,122,000

6 Beds
6 Baths
2,720 Sq Ft
$1,429/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $3,131,800 $1,151 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $23,491/month

47 Days on Market

Highlights

  • Ocean View
  • Partially Fenced Property
  • 3-minute walk to Del Mar Shores Park
  • Del Mar Heights School Rated A+

About This Home

As of July 2023

Incredible opportunity to own a 2 story ocean view duplex in the heart of Del Mar with walking distance to the beach & all of the area’s best restaurants, shops & attractions! Each unit features 3 bedrooms, an office, 2.5 baths, expansive windows with stunning views, spacious patios and a 2 car garage with washer/dryer hookups. Recent upgrades include new roofs, a new garage door and ultra quiet opener with Homelink Technology. This location can’t be beat!

Last Agent to Sell the Property

Eric Iantorno

Compass License #01256501 Listed on: 05/11/2023

Compass

Co-Listed By

Pilar Meza

Compass License #01952399

Last Buyer's Agent

Chad Dannecker

Compass License #01459513

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $33,378

Year Built

  • Built in 1972

Lot Details

  • 6,630 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Ocean Views

Community Details

  • 2 Units
  • N/K Community

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 300-231-11-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$33,378

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Wesley Way
  • Neighborhood: Del Mar
  • Stories: 2 Story
  • Sale Price List Price: 0.98
  • Total Stories: 2
  • Year Built: 1972
  • 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: Partial
  • Roof: Composition
  • View: Ocean

Condo/Co-op/Association

  • Complex Name: N/K
  • Community: DEL MAR

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 300-231-11-00
  • Estimated Lot Sq Ft: 6630
  • Estimated Number of Acres: 0.15

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 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

Listed on
May 11, 2023
Closed on
Jul 19, 2023
Sold by
Ks Mattson Partners Lp
Bought by
Hager Brian and Hager Chia-Hui
Seller's Agent
Eric Iantorno
Compass
Buyer's Agent
Chad Dannecker
Compass
List Price
$3,500,000
Sold Price
$3,131,800
Premium/Discount to List
-$368,200
-10.52%
Views
120
Current Estimated Value
$3,886,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$755,118
Avg. Annual Appreciation
10.62%
Original Mortgage
$1,251,000
Outstanding Balance
$1,223,097
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$2,663,821

Purchase Details

Closed on
Oct 30, 2017
Sold by
Deluca David A and David A Deluca Family Trust
Bought by
Ks Mattson Partners Lp

Purchase Details

Closed on
Mar 3, 2016
Sold by
Deluca David A
Bought by
Deluca David A

Purchase Details

Closed on
Mar 12, 2013
Sold by
Edluca David A and Deluca Kimberley A
Bought by
Deluca David A

Purchase Details

Closed on
Apr 26, 2007
Sold by
Gallotto Jeffery
Bought by
Deluca David A and Deluca Kimberly A

Purchase Details

Closed on
Dec 15, 2006
Sold by
Franza Thomas J and Franza Beverly J
Bought by
Galiotto Jeffery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
1.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 11, 2004
Sold by
Carter Sandra L and Carter Sandra Lee
Bought by
Franza Thomas J and Franza Beverly J

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
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 1998
Sold by
Annis Richard J and Jerome Auerbach
Bought by
Carter Sandra Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.35%

Purchase Details

Closed on
Jan 14, 1994
Sold by
Auerbach Jerome and Auerbach Beverly
Bought by
Auerbach Jerome and Auerbach Beverly
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
Hager Brian $3,147,000 Stewart Title Of California
Ks Mattson Partners Lp $50,000 None Available
Deluca David A -- None Available
Deluca David A -- None Available
Deluca David A -- Fidelity National Title Co
Galiotto Jeffery $2,150,000 Fidelity National Title Co
Franza Thomas J $1,550,000 Fidelity National Title Co
Carter Sandra Lee $535,000 First American Title
Auerbach Jerome -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hager Brian $1,251,000
Previous Owner Galiotto Jeffery $1,500,000
Previous Owner Franza Thomas J $1,000,000
Previous Owner Carter Sandra Lee $765,000
Previous Owner Carter Sandra Lee $504,000
Previous Owner Carter Sandra Lee $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $3,131,800 -2.0% $1,151 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
05/23/2023 05/23/23 Price Changed $3,195,000 -8.7% $1,175 / Sq Ft
05/11/2023 05/11/23 For Sale $3,500,000 -- $1,287 / 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 $33,378 $3,194,436 $2,754,000 $440,436
2024 $33,378 $3,131,800 $2,700,000 $431,800
2023 $25,666 $2,406,019 $2,187,292 $218,727
2022 $25,254 $2,358,843 $2,144,404 $214,439
2021 $24,320 $2,312,592 $2,102,357 $210,235
2020 $24,536 $2,288,880 $2,080,800 $208,080
2019 $24,054 $2,244,000 $2,040,000 $204,000
2018 $22,988 $2,200,000 $2,000,000 $200,000
2017 $26,116 $2,499,290 $2,210,692 $288,598
2016 $25,261 $2,450,286 $2,167,346 $282,940
2015 $24,882 $2,413,481 $2,134,791 $278,690
2014 $24,367 $2,366,205 $2,092,974 $273,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230008719

San Diego MLS

APN: 300-231-11