NOT LISTED FOR SALE

Estimated Value: $3,253,000 - $4,105,018

5 Beds
5 Baths
2,795 Sq Ft
$1,266/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $3,042,000 $1,088 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $22,096/month

9 Days on Market

Highlights

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

About This Home

As of March 2022

Bring your checklist because this 2014-built duplex just a few homes from the ocean in South Mission Beach offers it all. A gorgeous “owner’s unit” is the ultimate beach home for year round living, relaxing visits, or high-demand rentals. The second residence is your opportunity to host friends, family, or to receive premium rental income. The “owner’s unit” enjoys 3 bedrooms, a dedicated home office, 2.5 bathrooms, in-unit laundry, an attached 2-car garage, and a 360-degree view roof deck. The top floor is a true sanctuary with primary suite, open concept kitchen, great room, dining area, powder room, and ocean-view balcony all on one level. Smart features include central AC, solar, central vacuum, an integrated sound system, a whole-home water filtration system, dumbwaiter, and more. The second residence boasts 2 bedrooms (one with an ocean view looking down the court), 2 full bathrooms, in-unit laundry, 2-car tandem carport, and a flexible floor plan currently configured to provide a 3rd bedroom. Ground floor living room and kitchen open to a large gated patio. Both homes have separate entrances for privacy and their own outdoor shower. Parking here is exceptionally easy with ample space in the alley for pulling your cars in and out. Don’t miss this beautifully designed duplex on a prime South Mission beach court!

Last Agent to Sell the Property

Steve Cairncross

Berkshire Hathaway HomeServices California Properties License #00859218 Listed on: 03/07/2022

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Patrick Cairncross

Berkshire Hathaway HomeServices California Properties License #01984531

Last Buyer's Agent

Steve Cairncross

Berkshire Hathaway HomeServices California Properties License #00859218 Listed on: 03/07/2022

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $38,926

Year Built

  • 2014

Lot Details

  • 2,381 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Parking

  • Alley Access

Property Views

  • Ocean
  • Bay
  • Panoramic

Home Design

  • Clay Roof

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Tankless Water Heater

Additional Features

  • 3-Story Property
  • West of 5 Freeway

Community Details

  • 2 Units
  • 729 731 Devon Community

Listing and Financial Details

  • Assessor Parcel Number 423-695-05-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$38,926

Year Built

2014

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Coastal South
  • Cross Street: Strandway
  • Neighborhood: South Mission Beach
  • Stories: 3 Story
  • Sale Price List Price: 1.09
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2014

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Roof: Tile/Clay
  • View: Bay, Ocean, Panoramic

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Tankless
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: 729-731 Devon
  • Community: MISSION BEACH

Lot Info

  • Lot Size: 1-3,999 SF
  • Site: Alley Access, Public Street, Sidewalks, Street Paved, West of I-5
  • Topography: Level
  • Assessor Parcel Number: 423-695-05-00
  • Estimated Lot Sq Ft: 2381

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 1
  • Number Of Furnished Units: 2
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 1
  • 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
Mar 7, 2022
Closed on
Mar 25, 2022
Sold by
Shaili Mowji
Bought by
Mowji Amar
Seller's Agent
Steve Cairncross
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Steve Cairncross
Berkshire Hathaway HomeServices California Properties
List Price
$2,795,000
Sold Price
$3,042,000
Premium/Discount to List
$247,000
8.84%
Current Estimated Value
$3,538,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,505
Avg. Annual Appreciation
5.65%

Purchase Details

Listed on
Mar 7, 2022
Closed on
Mar 23, 2022
Sold by
Nelson Family Living Trust
Bought by
Mowji Amar and Mowji Pankaj
Seller's Agent
Steve Cairncross
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Steve Cairncross
Berkshire Hathaway HomeServices California Properties
List Price
$2,795,000
Sold Price
$3,042,000
Premium/Discount to List
$247,000
8.84%

Purchase Details

Closed on
Feb 28, 2011
Sold by
Nelson Dennis P and Nelson Trine
Bought by
Nelson Dennis and Nelson Trine

Purchase Details

Closed on
Aug 4, 2010
Sold by
Ratner Lawrence S
Bought by
Nelson Dennis and Nelson Trine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2005
Sold by
Ratner Lawrence S and Ratner Larry
Bought by
Ratner Lawrence S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$661,030
Interest Rate
6.36%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 8, 2002
Sold by
Johnson Brigitta and Schiefloe Espen
Bought by
Ratner Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,000
Interest Rate
3%

Purchase Details

Closed on
Oct 31, 2002
Sold by
Johnson Brigitta
Bought by
Schiefloe Espen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,000
Interest Rate
3%

Purchase Details

Closed on
Nov 5, 2001
Sold by
Bogner Paul and Bogner Trude L
Bought by
Johnson Brigitta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,280
Interest Rate
7.5%

Purchase Details

Closed on
Oct 23, 1986
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
Mowji Amar -- Chicago Title
Mowji Pankaj -- Chicago Title
Mowji Amar $3,042,000 Chicago Title
Nelson Dennis -- None Available
Nelson Dennis $715,000 Chicago Title Company
Ratner Lawrence S -- Alliance Title
Ratner Larry $670,000 American Title Co
Schiefloe Espen -- --
Johnson Brigitta $462,000 First American Title
-- $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Dennis $1,087,500
Previous Owner Nelson Dennis $572,000
Previous Owner Ratner Lawrence S $661,030
Previous Owner Ratner Larry $469,000
Previous Owner Johnson Brigitta $369,280
Closed Johnson Brigitta $92,230
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2022 03/28/22 Sold $3,042,000 +8.8% $1,088 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $2,795,000 -- $1,000 / 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 $38,926 $3,228,193 $2,591,469 $636,724
2024 $38,926 $3,164,896 $2,540,656 $624,240
2023 $38,068 $3,102,840 $2,490,840 $612,000
2022 $17,631 $1,452,126 $867,744 $584,382
2021 $17,507 $1,423,654 $850,730 $572,924
2020 $17,288 $1,409,057 $842,007 $567,050
2019 $16,978 $1,381,430 $825,498 $555,932
2018 $15,870 $1,354,344 $809,312 $545,032
2017 $15,500 $1,327,790 $793,444 $534,346
2016 $15,254 $1,301,756 $777,887 $523,869
2015 $15,110 $1,282,203 $766,203 $516,000
2014 $10,479 $885,000 $685,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220005167

San Diego MLS

APN: 423-695-05