See Home Value
$7,608,932*
House - Off Market

389 Luzon

Del Mar, CA 92014
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2841 Sqft
$4,676,000 - $5,714,000
Reference Base Price*
46.47%
Since Nov 1, 2019
National-US
Primary Model
Sold Aug 25, 2020
$4,420,000
$3,000,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2050
Sold Aug 24, 2009
$3,700,000
$2,000,000 by Bank Of America Na
Mortgage Due Sep 01, 2039

About This Property

The manager has listed the unit size as 2841 square feet.
Unit Size
2,841Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$1,829
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1963

Price History

Date / Event Date Event Price
Aug 25, 2020 Sold to Ardem Sarkis Patapoutian, N... $4,420,000
Sold to Ardem Sarkis Patapoutian, N...
Oct 25, 2019 No longer available -
No longer available
Sep 19, 2019 Price Decreased $5,195,000
↓ $500K (8.8%)
Price Decreased
Jul 3, 2019 Price Decreased $5,695,000
↓ $300K (5%)
Price Decreased
Feb 15, 2019 Price Decreased $5,995,000
↓ $200K (3.2%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,300
  • Total Building Area: 2,841
  • Building Area: 2,841
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,841
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARDEN HEIGHTS
  • Land Acres: 0.259
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: BLK 35 LOT G TR 001343

Ownership

  • Current Owner : PATAPOUTIAN ARDEM SARKIS
  • Current Owner 2: HONG NANCY AI
  • Previous Owner : WELCH VICTORIA L
  • Previous Owner 2: VICTORIA L WELCH TRUST
  • Owner Before Previous Owner: BERK TERRY A H
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Del Mar Union Elementary School District
  • School Tax School District: DEL MAR CITY OF
  • Census Tract: 017202

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 001343
  • Subdivision Tract Number: 001343
  • Parcel: 299-174-01-00
  • Block: 35
  • Lot: G
  • Municipality: CITY OF DEL MAR
  • Latitude: 32.9665
  • Longitude: -117.263

    Address

  • Full Address: 389 Luzon Ave
  • Address - House Number: 389
  • Address - Street Name: Luzon
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Del Mar
  • Carrier Code: C013
  • 4-Digit Zip Code: 2243
  • Zip Code: 92014

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $48,884
  • Tax Rate Code Area: 11-001

    Appraisal Valuation

  • Standard Deviation: 0.2061
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 72
  • Final Value: 6,309,333
  • High Value: 7,609,901
  • Low Value: 5,008,764

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,000,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 25, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $3,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,598,568
  • Assessed Land Value: $3,173,220
  • Assessed Improvements Value: $1,425,348

    Sales

  • Current Sale Contract Date: Jun 30, 2020
  • Current Sale Recording Date: Aug 25, 2020
  • Current Sale Transaction ID: 11783911481
  • Current Sale Price: $4,420,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0480813
  • Previous Sale Recording Date: Aug 24, 2009
  • Previous Sale Contract Date: Aug 05, 2009
  • Previous Sale Amount: $3,700,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 25, 2020
  • First Mortgage Loan Amount: $3,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Aug 24, 2009
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $2,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2039



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Del Mar


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 873 Stevens Avenue, Solana Beach, CA, 92075

$3,305 /mo

  • 2 Beds
  • 2 Baths
  • 945 ft²
873 Stevens Avenue #The Coronado, Solana Beach, CA, 92075 Listing by Equity Residential
Unit for rent at 13138 Kellam Ct., San Diego, CA, 92130

$3,640 /mo

  • 2 Beds
  • 2 Baths
  • 1,050 ft²
13138 Kellam Ct. #2 Bedrooms A, San Diego, CA, 92130 Listing by Equity Residential


Frequently Asked Questions

When was property at 389 Luzon Avenue built and last sold?
The property at 389 Luzon Avenue was built in 1963 and last sold on Jun 30, 2020 for $4,420,000.
How much is this home worth?
The estimated value of the home located at 389 Luzon Avenue is $5,352,917.
What are some comparable homes to 389 Luzon Avenue?
There are currently no comparable homes to 389 Luzon Avenue.

Quantcast