NOT LISTED FOR SALE

Estimated Value: $713,000 - $1,433,000

2 Beds
2.5 Baths
1,273 Sq Ft
$270/mo HOA Fee

Last Sold September 18, 2020

Last sale price $850,000 $668 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,128/month

243 Days on Market

Highlights

  • White Water Ocean Views
  • Fishing
  • 1 Car Attached Garage
  • Coast Union High School Rated A
  • Hiking Trails
  • 4-minute walk to San Simeon State Park Camp

About This Home

As of September 2020

Rare Ocean Front Condominium, this unit has been cared for by the same person for the past 20 years, This one level lower unit has 1273 s/f, two master bedrooms, 2,1/2 bathrooms, awesome ocean views, indoor laundry, fireplace, a large living room, dinning room, with ocean views, it also has a one car garage with a nice good size storage room for all of your beach chairs, surfboards, etc. This condominium complex only has 4 units, 2 upstairs, 2 downstairs, located on a street with almost no traffic, this condominium is located with in walking distance to three great surfing spots, you have a sandy beach, open hiking area all to the south, and views up the coast to San Simeon Cove, and Pier, If you like Sunsets, you better hurry on this one.

Last Agent to Sell the Property

John Brass

Re/Max Pines by the Sea License #01278506 Listed on: 11/27/2019

Re/Max Pines by the Sea

Last Buyer's Agent

Richard Breen

Breen Realty License #01012589

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,461

Year Built

  • Built in 1985

Lot Details

  • 1,272

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • White Water Ocean
  • Coastline

Interior Spaces

  • 1,273 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • 1 Common Wall
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 013402007

Community Details

Overview

  • 4 Units
  • Balboa Bluffs Condos Association, Phone Number (408) 406-6123

Recreation

  • Fishing
  • Water Sports
  • Hiking Trails
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,461

Year Built

Built in 1985

Lot Details

0

HOA Fees

$270 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: All appliances, furnishings
  • Property Attached: Yes
  • Subdivision Name Other: San Simeon Acres(480)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 013402007
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1273.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 667.71
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Coastline, Ocean, White Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 270.00
  • Association Fee Frequency: Monthly
  • Association Name: Balboa Bluffs Condos
  • Phone: 4084066123
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Fishing, Hiking, Watersports
  • Association Management: Balboa Bluffs Condos

Schools

  • School District: Coast Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1273.00
  • Lot Size Acres: 0.0292
  • Latitude Manual: 35.60965600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1273.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2019
Closed on
Sep 18, 2020
Bought by
Sandra L Lages Family Trust
Seller's Agent
John Brass
Re/Max Pines by the Sea
Buyer's Agent
Richard Breen
Breen Realty
List Price
$835,000
Sold Price
$850,000
Premium/Discount to List
$15,000
1.8%
Current Estimated Value
$1,108,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,705
Avg. Annual Appreciation
5.53%
Original Mortgage
$595,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 27, 2019
Closed on
Jul 30, 2020
Sold by
Imada Cynthia A and Jewett Barbara G
Bought by
Qutubuddin Taher and Kader Insiyah Cassim
Seller's Agent
John Brass
Re/Max Pines by the Sea
Buyer's Agent
Richard Breen
Breen Realty
List Price
$835,000
Sold Price
$850,000
Premium/Discount to List
$15,000
1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2001
Sold by
Lages Sandra L
Bought by
Lages Sandra L

Purchase Details

Closed on
May 28, 1999
Sold by
Bennett Lavonne D
Bought by
Lages Sandra L
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
Sandra L Lages Family Trust -- --
Qutubuddin Taher $850,000 Placer Title Company
Sandra L Lages Family Trust -- --
Lages Sandra L -- --
Lages Sandra L $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Qutubuddin Taher $595,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $850,000 +1.8% $668 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
11/27/2019 11/27/19 For Sale $835,000 -- $656 / 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
2024 $9,461 $902,026 $636,724 $265,302
2023 $9,461 $884,340 $624,240 $260,100
2022 $9,278 $867,000 $612,000 $255,000
2021 $9,148 $850,000 $600,000 $250,000
2020 $4,188 $383,782 $223,132 $160,650
2019 $4,033 $376,257 $218,757 $157,500
2018 $3,951 $368,880 $214,468 $154,412
2017 $3,870 $361,648 $210,263 $151,385
2016 $3,792 $354,558 $206,141 $148,417
2015 $3,737 $349,233 $203,045 $146,188
2014 $3,603 $342,393 $199,068 $143,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SC19272813

California Regional Multiple Listing Service (CRMLS)

APN: 013-402-007