NOT LISTED FOR SALE

842 Mola Vista Way Solana Beach, CA 92075

Estimated Value: $2,288,000 - $2,694,631

5 Beds
5 Baths
2,387 Sq Ft
$1,034/Sq Ft Est. Value

Last Sold September 22, 2016

Last sale price $1,250,000 $524 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $15,356/month

144 Days on Market

About This Home

As of September 2016

Beautiful duplex on a cul-de-sac in terrific Solana Beach west of the freeway. 9,000+ sq ft lot. Very clean. All new windows and roof. Each unit has private patios & fenced yard, two car garage, laundry hook-ups, fireplace & MB balcony. 2 bed unit has newer tile floor, and 3 year old extra 10x14 loft with bamboo floor & additional large full bath done by contractor, not included in footage. Shows great. Minutes to beach, shopping and Del Mar Racetrack. A great investment. Neighborhoods: West of I5 Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 842 Unit # for Unit 2: 844 Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Velyn Anderson

Coldwell Banker Realty License #00705882 Listed on: 04/04/2016

Coldwell Banker Realty

Last Buyer's Agent

Mary Kleinbardt

Windermere Preferred Properties License #00455553

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,171

Year Built

  • Built in 1980

Lot Details

  • 9,148 Sq Ft Lot
  • Sprinkler System

Home Design

  • Rolled or Hot Mop Roof

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Utilities

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

Community Details

  • 2 Units
  • Mola Vista

Listing and Financial Details

  • Tenant pays for trash collection, cable TV, electricity, gas
  • Assessor Parcel Number 2985301600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,171

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Park Name: Mola Vista
  • Subdivision Name Other: Solana Beach
  • View: No
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 2985301600
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Appliances: Yes
  • Levels: Two

Exterior Features

  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Spa: No

Utilities

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

Lot Info

  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 9148.00

Rental Info

  • Tenant Pays: Trash Collection, Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 67200.00
  • Lot Size Area: 9148.0000 Square Feet
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2021
Sold by
Glenwood Triplex Llc
Bought by
Lauer Joseph and Lauer Alma
Current Estimated Value
$2,467,658

Purchase Details

Listed on
Apr 4, 2016
Closed on
Sep 13, 2016
Sold by
Harding Vince Bryan
Bought by
Glenwood Triplex Llc
Seller's Agent
Velyn Anderson
Coldwell Banker Realty
Buyer's Agent
Mary Kleinbardt
Windermere Preferred Properties
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$900,000
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2013
Sold by
Harding Walter G and Harding Inza G
Bought by
Harding Inza G
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
Lauer Joseph $2,000,000 First American Title Company
Glenwood Triplex Llc $1,250,000 Equity Title Company
Harding Inza G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glenwood Triplex Llc $812,500
Previous Owner Glenwood Triplex Llc $900,000
Previous Owner Harding Walter G $104,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2016 09/22/16 Sold $1,250,000 0.0% $524 / Sq Ft
08/26/2016 08/26/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $1,250,000 -- $524 / 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 $24,171 $2,178,597 $1,804,053 $374,544
2024 $24,171 $2,135,880 $1,768,680 $367,200
2023 $23,367 $2,065,000 $1,734,000 $331,000
2022 $22,756 $2,000,000 $1,700,000 $300,000
2021 $15,765 $1,340,250 $1,125,811 $214,439
2020 $15,639 $1,326,509 $1,114,268 $212,241
2019 $15,363 $1,300,500 $1,092,420 $208,080
2018 $15,066 $1,275,000 $1,071,000 $204,000
2017 $180 $1,250,000 $1,050,000 $200,000
2016 $4,845 $337,632 $178,196 $159,436
2015 $4,762 $332,562 $175,520 $157,042
2014 $4,664 $326,048 $172,082 $153,966
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160017703

California Regional Multiple Listing Service (CRMLS)

APN: 298-530-16