NOT LISTED FOR SALE

761 Beachfront Dr Solana Beach, CA 92075

Estimated Value: $1,756,000 - $2,046,000

2 Beds
2 Baths
1,204 Sq Ft
3.53 Acres

Last Sold November 17, 2014

Last sale price $1,400,000 $1,163 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $11,405/month

14 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Laundry Room
  • Skyline Elementary School Rated A
  • Gated Community
  • Stone Flooring

About This Home

As of November 2014

Welcome to the ultimate beach front living! This fully furnished, light, bright, COMPLETELY upgraded, ocean front condo overlooking the pool to the ocean is truly one of a kind! Pride of ownership and attention to detail ring through this beach style decor where nothing was left off the list. Cozy, warm, beach decor makes this an incredible place to call home on the beach. Close to Del Mar Race Track, world famous Solana Beach Cedros Design District, Restaurants and so much more! Neighborhoods: Del Mar Beach Club Complex Features: ,,,,,,,, Equipment: Dryer,Garage Door Opener, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected

Last Agent to Sell the Property

Molly Fleming

Compass Listed on: 09/15/2014

Compass

Last Buyer's Agent

Marlo Milligan

The Offer RE License #01854065

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973

Lot Details

  • 3.53

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 1,204 Sq Ft Home
  • 1-Story Property
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Pool

  • In Ground Pool
  • Spa

Utilities

  • No Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2982403542

Community Details

Overview

  • Property has a Home Owners Association
  • 192 Units
  • Del Mar Beach Club

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Park Name: Del Mar Beach Club
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Solana Beach
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2982403542
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Living Area: 1204.00
  • Stories: 1
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 1162.79
  • Spa Features: Community

Exterior Features

  • View: Ocean
  • Pool Features: In Ground, Community
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Appliances: Electric Water Heater, Dishwasher, Disposal, Microwave, Refrigerator
  • Laundry Features: Electric Dryer Hookup

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 425.00

Multi Family

  • Number Of Units In Community: 192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2015
Sold by
Khatchatourian Armen S and Mehranian Maria
Bought by
Mehranian Khatchatourian Family Trust
Current Estimated Value
$1,889,969

Purchase Details

Listed on
Sep 15, 2014
Closed on
Oct 13, 2014
Sold by
Adams Donald J and Adams Deborah K
Bought by
Khatchatourian Armen S and Mehranian Maria
Seller's Agent
Molly Fleming
Compass
Buyer's Agent
Marlo Milligan
The Offer RE
List Price
$1,400,000
Sold Price
$1,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.73%
Original Mortgage
$1,049,000
Outstanding Balance
$805,983
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$1,083,986

Purchase Details

Closed on
May 12, 2009
Sold by
Adams Donald J and Adams Deborah K
Bought by
Adams Donald J and Adams Deborah K

Purchase Details

Closed on
Dec 30, 1988
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mehranian Khatchatourian Family Trust -- None Available
Khatchatourian Armen S $1,400,000 California Title Company
Adams Donald J -- None Available
-- $319,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khatchatourian Armen S $1,049,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2014 11/17/14 Sold $1,400,000 0.0% $1,163 / Sq Ft
09/29/2014 09/29/14 Pending -- -- --
09/15/2014 09/15/14 For Sale $1,400,000 -- $1,163 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $18,280 $1,682,582 $1,322,031 $360,551
2024 $18,280 $1,649,591 $1,296,109 $353,482
2023 $17,898 $1,617,247 $1,270,696 $346,551
2022 $17,625 $1,585,537 $1,245,781 $339,756
2021 $17,326 $1,554,449 $1,221,354 $333,095
2020 $17,181 $1,538,511 $1,208,831 $329,680
2019 $16,862 $1,508,345 $1,185,129 $323,216
2018 $16,539 $1,478,771 $1,161,892 $316,879
2017 $16,254 $1,449,776 $1,139,110 $310,666
2016 $15,295 $1,421,350 $1,116,775 $304,575
2015 $15,060 $1,400,000 $1,100,000 $300,000
2014 $7,918 $706,283 $590,739 $115,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 140050838

California Regional Multiple Listing Service (CRMLS)

APN: 298-240-35-42