820-22 Santa Clara Place San Diego, CA 92109
Mission Beach NeighborhoodEstimated Value: $2,443,000 - $3,379,000
6
Beds
4
Baths
2,669
Sq Ft
$1,146/Sq Ft
Est. Value
Highlights
- Bay View
- Fireplace
- 3-minute walk to Santa Clara Point
- Pacific Beach Elementary School Rated A-
- Partially Fenced Property
About This Home
As of October 2023***BACK ON MARKET DUE TO BUYER'S INABILITY TO PERFORM*** Offering the very best in BOTH beach & bayside living! This perfectly positioned multi-unit home offers a world of possibilities to suit a multitude of lifestyles. Occupy one of the units, while renting out the secondary home or keep both as your one-of-a-kind compound. UNIT 1 - Lower unit is a single-level, 969 sq ft, 2 beds, 2 baths w/covered pkg (2 pkg spaces) & gated enclosed yard. UNIT 2 - Upper unit is multi-level (2 stories), 1,700 sq ft, 4 bds, 2 baths, expansive rooftop deck (perfect for outdoor entertaining), large & private room off the 3rd level shares immediate access to the rooftop deck. Currently the room serves as a wonderful "Bunk House" & sleeps up to 6 comfortably (with rollaways). Both homes are very serene and nicely renovated, offering professional and established short-term vacation rental history (please note: existing permits do not convey, buyer to investigate future rentability and permit process directly w the City). Enjoy lounging in your front yard, sunbathing or practicing yoga on your private rooftop deck or balconies or simply explore the miles of ocean & bay-front at your disposal. Picturesque living complete with quaint shops, restaurants, beachside rental shops, coffee houses, sidewalk cafes and beyond in this highly sought after slice of paradise! Rarely available MULTI-UNIT beach/bayside retreat, located in the heart of Mission Beach. Positioned perfectly between the beach & Bayfront, this gem of a home offers plenty of privacy, areas to entertain, retreat space, parking, storage and walkability. Located in the heart of Mission Beach, you rarely see homes like this one hit the market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $35,415
Year Built
- Built in 1983
Lot Details
- 0.56
Parking
- Alley Access
Property Views
- Bay
- City Lights
Additional Features
- Fireplace
- Partially Fenced Property
Community Details
- 2 Units
Listing and Financial Details
- Vacation Rental by Owner
- Assessor Parcel Number 423-593-16-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 24, 2019
Sold by
Ferrari Walter L and Ferrari Janice Goodall
Bought by
Wallace Michael W
Total Days on Market
108
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$884,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 26, 2017
Sold by
Michael W Wallace Trust
Bought by
Wilson Family Trust and Moses
Purchase Details
Closed on
May 31, 2016
Sold by
Ferrari Walter L and Ferrari Janice
Bought by
The Walter Ferrari Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.66%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 21, 2015
Sold by
Security F S E Two Hundred & Forty Seven
Bought by
Walter Ferrari Trust
Purchase Details
Closed on
Mar 24, 2015
Sold by
Teapot Inn
Bought by
Security F S E Two Hundred & Forty Seven
Purchase Details
Closed on
Jul 30, 2008
Sold by
Brewer John
Bought by
Teapot Inn
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Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wallace Michael W | $1,600,000 | First American Title Ins | |
| Wilson Family Trust | $2,879,000 | Fidelity National Title | |
| The Walter Ferrari Living Trust | -- | Wfg Title Company Of Ca | |
| Walter Ferrari Trust | -- | Equity Title Sd | |
| Security F S E Two Hundred & Forty Seven | $1,400,000 | Equity Title | |
| Teapot Inn | $1,090,000 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Michael W Wallace Trust | $2,900,000 | |
| Previous Owner | Wallace Michael W | $898,055 | |
| Previous Owner | Wallace Michael W | $884,000 | |
| Previous Owner | The Walter Ferrari Living Trust | $900,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/02/2023 10/02/23 | Sold | $2,879,000 | +0.7% | $1,079 / Sq Ft |
| 08/08/2023 08/08/23 | Pending | -- | -- | -- |
| 06/29/2023 06/29/23 | Price Changed | $2,859,000 | -0.7% | $1,071 / Sq Ft |
| 06/17/2023 06/17/23 | For Sale | $2,879,000 | 0.0% | $1,079 / Sq Ft |
| 06/02/2023 06/02/23 | Pending | -- | -- | -- |
| 04/21/2023 04/21/23 | For Sale | $2,879,000 | -- | $1,079 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $35,415 | $2,879,000 | $2,449,000 | $430,000 |
| 2023 | $21,072 | $1,715,520 | $1,399,222 | $316,298 |
| 2022 | $20,511 | $1,681,884 | $1,371,787 | $310,097 |
| 2021 | $20,369 | $1,648,907 | $1,344,890 | $304,017 |
| 2020 | $20,120 | $1,632,000 | $1,331,100 | $300,900 |
| 2019 | $18,353 | $1,485,691 | $1,220,389 | $265,302 |
| 2018 | $17,158 | $1,456,560 | $1,196,460 | $260,100 |
| 2017 | $16,762 | $1,428,000 | $1,173,000 | $255,000 |
| 2016 | $16,498 | $1,400,000 | $1,150,000 | $250,000 |
| 2015 | $13,775 | $1,167,891 | $910,741 | $257,150 |
| 2014 | -- | $1,100,000 | $825,000 | $275,000 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Pacheco-ballard
Seller's Agent in 2023
Lisa Pacheco-ballard
Harcourts Avanti
(858) 246-7780
1 in this area
17 Total Sales
Map
Source: San Diego MLS
MLS Number: 230007170
APN: 423-593-16
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