NOT LISTED FOR SALE

Estimated Value: $879,000 - $1,856,000

5 Beds
5 Baths
2,400 Sq Ft
$561/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $950,000 $396 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $8,079/month

18 Days on Market

Highlights

  • Forced Air Heating System
  • Partially Fenced Property
  • 2-minute walk to Capistrano Park

About This Home

As of October 2019

This is a rare opportunity to own a duplex with an extra large lot with incredible views overlooking well-manicured Capistrano Park, and river views of San Luis Rey. This property also shares the same exit to Camp Pendleton marine base which is a great source of renters. With no adjacent building on either side or in front, of the property, this is truly a very unique property. Also, close to the water with a relaxing 3/8 mile walk to Oceanside Harbor and beach. Unit 802-B is currently being used by a relative, so 802-B has no current income, however, this unit will be another revenue source upon close of escrow. 802-B is currently permitted as a home office. The potential rent for this unit is shown in the rent roll. There are also close walking trails that takes you to the Oceanside Harbor in just minutes. Improvements include, a new roof (2019), newer retaining wall (2015) and has just been painted outside. Neighborhoods: Oceanside Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 802 Unit # for Unit 3: 802B Number of Furnished Units: 0 Topography:

Last Agent to Sell the Property

Cindy DePhillips

First Team Real Estate License #01371533 Listed on: 08/12/2019

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,457

Year Built

  • Built in 1990

Lot Details

  • 9,714 Sq Ft Lot
  • Partially Fenced Property
  • Sprinkler System

Home Design

  • Composition Roof

Interior Spaces

  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 1440513300

Community Details

Overview

  • 2 Units
  • Capistrano

Building Details

  • Net Operating Income $21,179

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,457

Year Built

Built in 1990

Lot Details

0

Listing Details

  • CapRate: 2.14
  • Park Name: Capistrano
  • Subdivision Name Other: Oceanside
  • Zoning: R-1:SINGLE
  • Property Type: Residential Income
  • Parcel Number: 1440513300
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 3
  • Appliances: Yes
  • Levels: Three Or More

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas, Forced Air

Lot Info

  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 9714.00
  • Lot Size Acres: 0.2200

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Scheduled Income: 41400.00
  • Lot Size Area: 9714.0000 Square Feet
  • Net Operating Income: 21179.00
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 1
  • Number With Range: 3
  • Number With Refrigerator: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2020
Sold by
Gonzales David
Bought by
Gonzales David
Current Estimated Value
$1,347,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Outstanding Balance
$262,473
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,085,112

Purchase Details

Listed on
Aug 12, 2019
Closed on
Oct 31, 2019
Sold by
Gonzales David
Bought by
Gonzales David
Seller's Agent
Cindy DePhillips
First Team Real Estate
List Price
$988,000
Sold Price
$950,000
Premium/Discount to List
-$38,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$285,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2019
Closed on
Sep 25, 2019
Sold by
Haney James
Bought by
Gonzales David
Seller's Agent
Cindy DePhillips
First Team Real Estate
List Price
$988,000
Sold Price
$950,000
Premium/Discount to List
-$38,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2019
Sold by
Thompson Debra A
Bought by
The James Haney Trust

Purchase Details

Closed on
Jan 9, 2017
Sold by
Haney James T
Bought by
Haney James

Purchase Details

Closed on
Jul 8, 2014
Sold by
Haney Lisa Marie Mcintyre
Bought by
Haney James T

Purchase Details

Closed on
Sep 20, 2012
Sold by
Haney James T
Bought by
Hanney James

Purchase Details

Closed on
Feb 3, 2012
Sold by
Thompson Debra A
Bought by
Haney James T

Purchase Details

Closed on
Dec 10, 2002
Sold by
Thompson Debra A
Bought by
Thompson Debra A and Haney James

Purchase Details

Closed on
Nov 30, 2000
Sold by
Haney David M
Bought by
Thompson Debra A

Purchase Details

Closed on
Sep 20, 1995
Sold by
Haney Alice G
Bought by
Haney David M and Haney James T
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
Gonzales David -- Wfg National Title Co Of Ca
Gonzales David -- Wfg National Title Co Of Ca
Gonzales David -- None Available
Gonzales David $950,000 Western Resources Title
The James Haney Trust -- First American Title
Haney James -- None Available
Haney James T -- First American Title
Haney James T -- First American Title
Hanney James -- None Available
Haney James T -- None Available
Thompson Debra A -- --
Thompson Debra A -- --
Haney David M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzales David $296,000
Closed Gonzales David $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2019 10/07/19 Sold $950,000 -3.8% $396 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
08/12/2019 08/12/19 For Sale $988,000 -- $412 / 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 $11,457 $1,038,958 $754,613 $284,345
2024 $11,457 $1,018,587 $739,817 $278,770
2023 $11,105 $998,615 $725,311 $273,304
2022 $10,937 $979,036 $711,090 $267,946
2021 $10,980 $959,841 $697,148 $262,693
2020 $10,641 $950,000 $690,000 $260,000
2019 $2,143 $188,481 $57,905 $130,576
2018 $2,120 $184,786 $56,770 $128,016
2017 $2,082 $181,163 $55,657 $125,506
2016 $2,014 $177,612 $54,566 $123,046
2015 $1,957 $174,945 $53,747 $121,198
2014 $2,268 $207,703 $87,173 $120,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190044793

California Regional Multiple Listing Service (CRMLS)

APN: 144-051-33