NOT LISTED FOR SALE

728 Ostend Ct San Diego, CA 92109

Mission Beach Neighborhood

Estimated Value: $2,301,000 - $2,516,181

3 Beds
3 Baths
1,700 Sq Ft
$1,414/Sq Ft Est. Value

Last Sold March 20, 2018

Last sale price $1,450,000 $853 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $14,856/month

23 Days on Market

Highlights

  • Ocean View
  • Partially Fenced Property
  • West of 5 Freeway
  • Pacific Beach Elementary School Rated A-
  • Level Lot
  • Gravity Heating System

About This Home

As of March 2018

Mission Beach Duplex...steps away from the Sand! Bottom unit is a spacious 2 bedroom, 2 bathroom unit with coastal charm and cozy fireplace. The 1 bedroom unit above the garage features 2 lounge decks for enjoying the sun and fun of the beach. The future opportunities are abound. Live in one, have the other help with the mortgage or seasonal rentals and really turn on the income. Great potential to generate solid income and then build up.

Last Agent to Sell the Property

Erik Weichelt

Coldwell Banker West License #01224268 Listed on: 02/16/2018

Coldwell Banker West

Last Buyer's Agent

Erik Weichelt

Coldwell Banker West License #01224268 Listed on: 02/16/2018

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,368

Year Built

  • Built in 1942

Lot Details

  • 2,701 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • Alley Access

Home Design

  • Composition Roof

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

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for trash, cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 423-595-11-00

Community Details

Overview

  • 2 Units
  • The Court At Ostend Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,368

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Mission Blvd
  • Neighborhood: Mission Beach
  • Stories: 2 Story
  • Sale Price List Price: 0.97
  • Total Stories: 2
  • Year Built: 1942
  • 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: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition
  • View: Ocean

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: The Court at Ostend
  • Pets Allowed: Yes
  • Community: MISSION BEACH

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 1-3,999 SF
  • Site: Alley Access, Sidewalks, Street Paved, West of I-5
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 423-595-11-00
  • Estimated Lot Sq Ft: 2701
  • Water District URL: http://www.ci.san-diego.ca.us/water

Rental Info

  • Tenant Pays: Trash, Cable TV, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Gross Sched Income Actual: 62400
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2023
Sold by
Zimmerman Mark E
Bought by
Mark E Zimmerman Revocable Family Trust
Current Estimated Value
$2,403,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$878,700
Outstanding Balance
$845,375
Interest Rate
4.85%
Mortgage Type
New Conventional
Estimated Equity
$1,646,862

Purchase Details

Listed on
Feb 16, 2018
Closed on
May 10, 2018
Sold by
Mz Traffic Circle Lp
Bought by
Zimmerman Mark E
Seller's Agent
Erik Weichelt
Coldwell Banker West
Buyer's Agent
Erik Weichelt
Coldwell Banker West
List Price
$1,499,900
Sold Price
$1,450,000
Premium/Discount to List
-$49,900
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$870,000
Interest Rate
4.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 16, 2018
Closed on
Feb 27, 2018
Sold by
Marek Christopher
Bought by
Mz Traffic Circle Lp
Seller's Agent
Erik Weichelt
Coldwell Banker West
Buyer's Agent
Erik Weichelt
Coldwell Banker West
List Price
$1,499,900
Sold Price
$1,450,000
Premium/Discount to List
-$49,900
-3.33%

Purchase Details

Closed on
Jan 12, 2004
Sold by
Hamm James P
Bought by
Marek Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
5.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 6, 2002
Sold by
Hartland Juanita R
Bought by
Hartland Juanita R

Purchase Details

Closed on
Feb 4, 2002
Sold by
Hartland Juanita R
Bought by
Hartland Juanita R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.11%

Purchase Details

Closed on
Jan 23, 2002
Sold by
Hartland Juanita R
Bought by
Hartland Juanita R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.11%

Purchase Details

Closed on
Apr 12, 1994
Sold by
Hartland Juanita R
Bought by
Hartland Juanita R
Source: Public Records

Range of Values:

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Average Value
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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
Mark E Zimmerman Revocable Family Trust -- Commonwealth Land Title
Zimmerman Mark E -- Fidelity National Title
Zimmerman Mark E -- Fidelity National Title
Mz Traffic Circle Lp $1,450,000 Ticor Title San Diego Branch
Marek Christopher $825,000 First American Title Co
Hartland Juanita R -- Fidelity National Title Co
Hartland Juanita R -- --
Hartland Juanita R -- Fidelity National Title
Hartland Juanita R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mark E Zimmerman Revocable Family Trust $878,700
Previous Owner Zimmerman Mark E $870,000
Previous Owner Marek Christopher $100,000
Previous Owner Marek Christopher $822,500
Previous Owner Marek Christopher $82,500
Previous Owner Marek Christopher $660,000
Previous Owner Hartland Juanita R $30,000
Previous Owner Hartland Juanita R $100,000
Closed Mark E Zimmerman Revocable Family Trust $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2018 03/20/18 Sold $1,450,000 -3.3% $853 / Sq Ft
03/12/2018 03/12/18 Pending -- -- --
02/27/2018 02/27/18 For Sale $1,499,900 0.0% $882 / Sq Ft
02/26/2018 02/26/18 For Sale $1,499,900 0.0% $882 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $1,499,900 -- $882 / 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 $20,368 $1,686,828 $1,499,638 $187,190
2024 $20,368 $1,653,754 $1,470,234 $183,520
2023 $19,811 $1,580,970 $1,404,583 $176,387
2022 $19,283 $1,580,970 $1,404,583 $176,387
2021 $19,150 $1,549,972 $1,377,043 $172,929
2020 $18,916 $1,534,080 $1,362,924 $171,156
2019 $18,579 $1,504,000 $1,336,200 $167,800
2018 $12,076 $1,030,885 $812,215 $218,670
2017 $11,799 $1,010,673 $796,290 $214,383
2016 $11,611 $990,857 $780,677 $210,180
2015 $11,438 $975,974 $768,951 $207,023
2014 $11,250 $956,857 $753,889 $202,968
Source: Public Records

Agents Affiliated with this Home

  • Erik Weichelt

    Seller's Agent in 2018

    Erik Weichelt

    Coldwell Banker West

    (619) 850-5358

    23 Total Sales

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Map

Source: San Diego MLS

MLS Number: 180008405

San Diego MLS

APN: 423-595-11

California San Diego County San Diego 92109 Mission Beach

728 Ostend Ct, San Diego, CA

This home is located at 728 Ostend Ct, San Diego, CA 92109 since 16 February 2018 and is currently estimated at $2,403,545, approximately $1,413 per square foot. This property was built in 1942. 728 Ostend 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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