NOT LISTED FOR SALE

844 Mola Vista Way Solana Beach, CA 92075

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

6 Beds
5 Baths
2,649 Sq Ft
$932/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $2,000,000 $755 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $15,356/month

69 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Laundry Room
  • Skyline Elementary School Rated A
  • Cul-De-Sac
  • 4 Car Garage

About This Home

As of December 2021

Wonderful investment opportunity in Solana Beach, No HOA and West of I-5!, Duplex allows you to rent both or live in one & rent out the other. There have been many upgrades including window replacement, re-papered roof and updates made to interiors. 842 is a 3 brm/2.5 bath, 844 is a 2 brm with loft/2.5 bath each with attached 2 car Garage, private yard with easy to maintain turf and cul-de-sac street. Short distance to shopping, great restaurants, beaches and so much more!

Last Agent to Sell the Property

Amy Green

Coastal Premier Properties License #01350609 Listed on: 10/01/2021

Coastal Premier Properties

Last Buyer's Agent

Thomas Tien

THOMAS TIEN, BROKER License #01390822

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,171

Year Built

  • Built in 1980

Lot Details

  • 7,881 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Private Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 2,649 Sq Ft Home
  • 2-Story Property

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 8857
  • Assessor Parcel Number 2985301600

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,146
  • Operating Expense $3,417
  • Gross Income $75,240
  • Net Operating Income $72,969

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,171

Year Built

Built in 1980

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Price Per Unit: 1000000
  • Property Attached: Yes
  • View: No
  • Zoning: R-2:Minor Multiple
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 2985301600
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 755.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Land Lease: No
  • Lot Features: Cul-De-Sac, Yard
  • Lot Size Sq Ft: 7881.00
  • Lot Size Acres: 0.1809

Multi Family

  • Gross Income: 75240.00
  • Gross Scheduled Income: 75240.00
  • Insurance Expense: 1146.00
  • Lot Size Area: 7881.0000 Square Feet
  • Net Operating Income: 72969.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2271.00
  • Rent Control: No
  • Total Expenses: 3417.00

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: 008857

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Dec 14, 2021
Sold by
Glenwood Triplex Llc
Bought by
Lauer Joseph and Lauer Alma
Seller's Agent
Amy Green
Coastal Premier Properties
Buyer's Agent
Thomas Tien
THOMAS TIEN, BROKER
List Price
$1,999,999
Sold Price
$2,000,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$2,467,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$467,658
Avg. Annual Appreciation
4.61%

Purchase Details

Closed on
Sep 13, 2016
Sold by
Harding Vince Bryan
Bought by
Glenwood Triplex Llc

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
3.45%
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
12/29/2021 12/29/21 Sold $2,000,000 0.0% $755 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $1,999,999 -- $755 / 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: NDP2110557

California Regional Multiple Listing Service (CRMLS)

APN: 298-530-16