NOT LISTED FOR SALE

981 Jeffrey Rd Del Mar, CA 92014

Estimated Value: $4,014,000 - $5,553,925

5 Beds
5.5 Baths
5,486 Sq Ft
$881/Sq Ft Est. Value

Last Sold October 26, 2012

Last sale price $2,100,000 $383 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $27,706/month

65 Days on Market

Highlights

  • Ocean View
  • Attached Guest House
  • 0.61 Acre Lot
  • Skyline Elementary School Rated A
  • In Ground Pool
  • Retreat

About This Home

As of October 2012

Stunning views of Del Mar & ocean! This elegant home is like new inside and out with high quality & designer finishes, all new pool & spa, driveway, front & backyard landscaping and lighting, new AC, top of the line appliances, glass mosaic tiles and much more. This is the perfect hillside getaway with privacy, 5 bedrooms including an attached guest suite, an office and exercise room. Furniture, artwork and appliances are all negotiable. Bring your most discerning buyers. [Supplement]: The recent renovation just completed this July 2012 included replastering the exterior to a smooth finish and adding 1400 sq ft of cultured stone and trim. New pebble finish concrete driveway, refinished woodwork and lighting and gorgeous new pool and spa. The interior looks completely new, with a master suite that may have the best views found in the city. The bath offers high quality, elegant accent tiles in the shower and around spa tub as well as new glass doors and large built out closet. The 5th bedroom is part of the attached guest suite which includes kitchenette, bath and laundry hook-ups with total dimensions of approximately 19x20.Of course the entire home has all new interior paint and carpet. The landscaping is pristine with new automatic drip and sprinkler systems. Your are welcomed at the top of the drive with a stately Canary palm and colorful flowers throughout. A must see!!

Last Agent to Sell the Property

Jeff Cole

Pacific Sotheby's Int'l Realty License #01389839 Listed on: 07/23/2012

Last Buyer's Agent

Eric Matz

Windermere Homes & Estates License #01024385

Windermere Homes & Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,209

Year Built

  • Built in 1988

Lot Details

  • 0.61 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Steep Slope

Parking

  • 3 Car Attached Garage
  • 2 Open Parking Spaces
  • Attached Carport
  • Parking Available
  • Driveway

Property Views

  • Ocean
  • Panoramic
  • Mountain

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 5,486 Sq Ft Home
  • 3-Story Property
  • Fireplace
  • Formal Entry
  • Family Room
  • Home Office
  • Bonus Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Main Floor Bedroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch
  • Fire Pit

Additional Homes

  • Attached Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2982914300

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,209

Year Built

Built in 1988

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: DEL MAR
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2982914300
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5486.00 Square Feet
  • Stories: 3
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Fire Pit
  • Levels: Three Or More
  • Price Per Square Foot: 382.79
  • Room Type: Bonus Room, Family Room, Formal Entry, Main Floor Bedroom, Office, Retreat
  • Spa Features: Private

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House Attached
  • View: Mountain(s), Ocean, Panoramic
  • Fence: Yes
  • Fencing: Partial
  • Patio And Porch Features: Covered
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Attached Carport, Driveway
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Electric Dryer Hookup, Individual Room, Gas Dryer Hookup
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Steep Slope
  • Lot Size Sq Ft: 26571.60
  • Lot Size Acres: 0.6100

Multi Family

  • Lot Size Area: 0.6100 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2016
Sold by
Raduenz Brian D and Raduenz Cicelia T
Bought by
The Raduenz Revocable Living Trust and Raduenz Cicelia T
Current Estimated Value
$4,834,481

Purchase Details

Listed on
Jul 23, 2012
Closed on
Oct 10, 2012
Sold by
Burlington National Insurance Company
Bought by
Raduenz Brian D and Raduenz Cicelia T
Seller's Agent
Jeff Cole
Pacific Sotheby's Int'l Realty
Buyer's Agent
Eric Matz
Windermere Homes & Estates
List Price
$2,499,000
Sold Price
$2,100,000
Premium/Discount to List
-$399,000
-15.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%
Original Mortgage
$1,800,000
Outstanding Balance
$1,245,856
Interest Rate
3.5%
Mortgage Type
Seller Take Back
Estimated Equity
$3,588,625

Purchase Details

Closed on
Dec 12, 2011
Sold by
Poulios Nickolaos S
Bought by
Burlington National Insurance Company

Purchase Details

Closed on
Feb 16, 2005
Sold by
Ostrom Mark A
Bought by
Poulios Nickolaos S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,603,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2002
Sold by
Ostrom Jill
Bought by
Ostrom Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
5.12%

Purchase Details

Closed on
Apr 25, 2002
Sold by
Ostrom Mark A
Bought by
Ostrom Mark A

Purchase Details

Closed on
Dec 4, 2001
Sold by
Alcalay Steven and Alcalay Tana L
Bought by
Ostrom Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
5.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 3, 1986
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
The Raduenz Revocable Living Trust -- None Available
Raduenz Brian D $2,100,000 First American Title
Burlington National Insurance Company $1,425,000 First American Title
Poulios Nickolaos S $2,290,000 Lawyers Title Company
Ostrom Mark A -- Lawyers Title Company
Ostrom Mark A -- --
Ostrom Mark A $695,000 Stewart Title
-- $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raduenz Brian D $1,800,000
Previous Owner Poulios Nickolaos S $1,603,000
Previous Owner Ostrom Mark A $556,000
Previous Owner Ostrom Mark A $556,000
Closed Poulios Nickolaos S $187,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2012 10/26/12 Sold $2,100,000 -16.0% $383 / Sq Ft
09/26/2012 09/26/12 Pending -- -- --
07/23/2012 07/23/12 For Sale $2,499,000 -- $456 / 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 $28,209 $2,638,879 $1,236,065 $1,402,814
2024 $28,209 $2,587,137 $1,211,829 $1,375,308
2023 $27,610 $2,536,410 $1,188,068 $1,348,342
2022 $27,184 $2,486,677 $1,164,773 $1,321,904
2021 $26,717 $2,437,920 $1,141,935 $1,295,985
2020 $25,807 $2,412,923 $1,130,226 $1,282,697
2019 $25,222 $2,357,612 $1,108,065 $1,249,547
2018 $24,710 $2,308,444 $1,086,339 $1,222,105
2017 $41,523 $2,228,182 $1,061,039 $1,167,143
2016 $40,075 $2,184,493 $1,040,235 $1,144,258
2015 $39,747 $2,151,681 $1,024,610 $1,127,071
2014 $21,670 $2,109,534 $1,004,540 $1,104,994
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 120037363

California Regional Multiple Listing Service (CRMLS)

APN: 298-291-43