NOT LISTED FOR SALE

723 Balboa Ct San Diego, CA 92109

Mission Beach Neighborhood

Estimated Value: $2,681,000 - $3,541,718

6 Beds
5 Baths
2,625 Sq Ft
$1,203/Sq Ft Est. Value

Last Sold July 03, 2023

Last sale price $2,820,000 $1,074 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $20,283/month

13 Days on Market

Highlights

  • Attic Fan
  • Laundry Facilities
  • Level Lot
  • Pacific Beach Elementary School Rated A-
  • Partially Fenced Property
  • 4-minute walk to South Mission Beach Park

About This Home

As of July 2023

Meticulously renovated and lovingly maintained duplex (2 units: 3BR/2.5BA and 3BR/2BA) only 4 homes from the inviting sands of South Mission Beach on a highly desirable court! Upstairs (723) features 3 bedrooms, 2.5 baths and approx. 1,580sf of living space with the main living area, 2 beds and 2 baths on the entry level, and a loft-style 3rd bedroom with a half bath and sizeable attic/closet/storage space upstairs. Features include 2 terraces, vaulted ceilings, teakwood spiral staircase, chef's kitchen with Thermador double ovens, 6 burner professional cooktop, built-in microwave and Viking refrigerator, soapstone counters, bamboo cabinets, wide plank flooring, custom shutters, remodeled bathrooms, and walk-in closet in the primary bedroom. New AC unit added in August 2022. Ground floor (725) is a charming single-level home featuring 2 beds, 2 baths, a bonus double twin bedroom, 2 bathrooms and approx. 1,045sf of living space with direct access to a spacious courtside patio. Features include a remodeled kitchen with tiled backsplash, countertop seating, pendant and canned lighting with stainless steel appliances, newer wood grain vinyl flooring, ceiling fans, custom shutters, and more. Building enjoys a 2-car garage, tankless water heaters, secured shared laundry area in walkway, gated storage on west side plus additional excellent storage options and an unrivaled South Mission Beach location.

Last Agent to Sell the Property

Steve Cairncross

Berkshire Hathaway HomeServices California Properties License #00859218 Listed on: 05/19/2023

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Lisa Perich

Berkshire Hathaway HomeServices California Properties License #01489346

Last Buyer's Agent

Roseanne Martin

Redfin Corporation License #01954776

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $34,690

Year Built

  • Built in 1992

Lot Details

  • 2,255 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 3-Story Property
  • Attic Fan

Location

  • West of 101 Freeway
  • West of 5 Freeway

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 423-726-03-00

Community Details

Overview

  • 2 Units
  • 723 25 Balboa Ct Community

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$34,690

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Strandway
  • Neighborhood: South Mission Beach
  • Stories: 3 Story
  • Sale Price List Price: 0.94
  • Total Stories: 3
  • Year Built: 1992
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Boat Facilities: No/Unknown
  • Exterior Material: Stucco, Wood, Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Cooling: Attic Fan, Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Available, Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Forced Air Unit, Wall/Gravity

Condo/Co-op/Association

  • Complex Name: 723-25 Balboa Ct
  • Pets Allowed: Yes
  • Community: MISSION BEACH
  • Complex Features: Laundry Facilities

Lot Info

  • Lot Size: 1-3,999 SF
  • Site: Alley Access, Public Street, Sidewalks, Street Paved, West of I-5, West of 101
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R-2
  • Assessments: Yes/Remarks
  • Assessor Parcel Number: 423-726-03-00
  • Estimated Lot Dimensions: 29x77
  • Estimated Lot Sq Ft: 2255
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.05
  • Map Code Column: J
  • Map Code Page: 1267
  • Map Code Row: 4

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2014
Closed on
Aug 25, 2014
Sold by
Maydahl Jane Groover
Bought by
Maydahl Mark
Seller's Agent
mark maydahl
Realty Source Incorporated
Buyer's Agent
mark maydahl
Realty Source Incorporated
List Price
$1,675,000
Sold Price
$1,610,000
Premium/Discount to List
-$65,000
-3.88%
Current Estimated Value
$3,149,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,539,111
Avg. Annual Appreciation
6.30%

Purchase Details

Listed on
Jul 17, 2014
Closed on
Aug 20, 2014
Sold by
Maydahl Mark
Bought by
Pennington Living Trust and Pennington Susan
Seller's Agent
mark maydahl
Realty Source Incorporated
Buyer's Agent
mark maydahl
Realty Source Incorporated
List Price
$1,675,000
Sold Price
$1,610,000
Premium/Discount to List
-$65,000
-3.88%

Purchase Details

Closed on
Dec 28, 2004
Sold by
Maydahl Mark
Bought by
Maydahl Mark

Purchase Details

Closed on
May 7, 2001
Sold by
Young Leroy and Maydahl Mark
Bought by
Maydahl Mark

Purchase Details

Closed on
Jan 24, 2000
Sold by
Leroy Young
Bought by
Young Leroy and Maydahl Mark J

Purchase Details

Closed on
Sep 1, 1998
Sold by
Sato Scott and Sato Simone Nicajevsky
Bought by
Young Leroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
6.89%

Purchase Details

Closed on
Apr 24, 1997
Sold by
Magarian James L
Bought by
Sato Scott and Sato Simeone Nicajevsky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,200
Interest Rate
8.13%

Purchase Details

Closed on
Jan 7, 1997
Sold by
Magarian James L
Bought by
Magarian James L
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
Maydahl Mark -- First American Title Ins Co
Pennington Living Trust $1,610,000 First American Title Ins Co
Maydahl Mark -- --
Maydahl Mark $265,000 --
Young Leroy $265,000 Benefit Land Title Company
Young Leroy $530,000 First American Title
Sato Scott $428,000 Commonwealth Land Title
Magarian James L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maydahl Mark $845,000
Previous Owner Maydahl Mark $650,000
Previous Owner Maydahl Mark $620,000
Previous Owner Maydahl Mark $450,000
Previous Owner Young Leroy $424,000
Previous Owner Sato Scott $385,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2023 07/03/23 Sold $2,820,000 -5.8% $1,074 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $2,995,000 +86.0% $1,141 / Sq Ft
08/29/2014 08/29/14 Sold $1,610,000 -3.9% $626 / Sq Ft
08/06/2014 08/06/14 Pending -- -- --
07/17/2014 07/17/14 For Sale $1,675,000 -- $652 / 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 $34,690 $2,876,400 $2,417,400 $459,000
2024 $34,690 $2,820,000 $2,370,000 $450,000
2023 $22,840 $1,859,835 $1,386,215 $473,620
2022 $22,232 $1,823,369 $1,359,035 $464,334
2021 $22,078 $1,787,618 $1,332,388 $455,230
2020 $21,809 $1,769,289 $1,318,726 $450,563
2019 $21,420 $1,734,598 $1,292,869 $441,729
2018 $20,024 $1,700,587 $1,267,519 $433,068
2017 $19,560 $1,667,243 $1,242,666 $424,577
2016 $19,252 $1,634,552 $1,218,300 $416,252
2015 $18,968 $1,610,000 $1,200,000 $410,000
2014 $9,389 $798,982 $553,143 $245,839
Source: Public Records

Agents Affiliated with this Home

  • Steve Cairncross

    Seller's Agent in 2023

    Steve Cairncross

    Berkshire Hathaway HomeServices California Properties

    (858) 859-3370

    43 in this area

    252 Total Sales

    Section Image
  • Lisa Perich

    Seller Co-Listing Agent in 2023

    Lisa Perich

    Berkshire Hathaway HomeServices California Properties

    (619) 865-1022

    12 in this area

    87 Total Sales

    Section Image

  • R

    Buyer's Agent in 2023

    Roseanne Martin

    Redfin Corporation

    Section Image

  • m

    Seller's Agent in 2014

    mark maydahl

    Realty Source Incorporated

    (619) 807-7501

    1 in this area

    21 Total Sales

    Section Image
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Map

Source: San Diego MLS

MLS Number: 230009433

San Diego MLS

APN: 423-726-03

California San Diego County San Diego 92109 Mission Beach

723 Balboa Ct, San Diego, CA

This home is located at 723 Balboa Ct, San Diego, CA 92109 since 19 May 2023 and is currently estimated at $3,159,180, approximately $1,203 per square foot. This property was built in 1992. 723 Balboa 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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