640 Walnut Ave Carlsbad, CA 92008

$1,247,500 Sold Price as of 11/27/2017

4 Beds
2 Baths
1,553 Sq.Ft.

Off Market

$1,247,500 Sold Price as of 11/27/2017 Refinance Your Mortgage

Map preview of 640 Walnut Ave, Carlsbad, CA 92008

Property Overview: 640 Walnut Ave Carlsbad, CA has 4 bedrooms, 2 bathrooms, 1,553 living square feet and 6,864 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

640 Walnut Ave is currently an off market home in the city of Carlsbad. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Carlsbad has a median list price of $1,495,000. The median price per/sqft for Carlsbad is $693. With those numbers in mind, if you are looking to purchase a median priced home in Carlsbad, CA and put 20% down you will need to save up $299,000 for the down payment and will need roughly $29,900 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Carlsbad the commission could be as much as $75,250. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 640 Walnut Ave

Last sold for $1,247,500 on November 27th, 2017

August, 2018
Aug 13, 2018

Date

Sold

CRMLS: 170043757

$1,247,000

Price
Listing provided courtesy of CRMLS

Outstanding investment opportunity! West of I-5, Zoned R3, 2-homes on one lot - Quintessential Beach Cottages. Rent both, or live in one and rent the other. Both homes have been significantly remodeled & are move-in ready! Both units have: new roofs, upgraded plumbing & electrical, tankless water heaters, cabinets, LED lighting, fixtures, windows, doors, flooring, appliances, kitchen, bathrooms & landscape. Blocks from Carlsbad Village, Beach, restaurants & freeway. No HOA. Excellent investment opportunity - Location! Location! Location! 2 highly upgraded beach cottages/homes on one lot ready to produce income near Old Carlsbad. The main house (Unit 1) is adjacent to the alley features 3 bedrooms, 2 bathrooms with 908 sqft & a 2-car detached garage. The second home (Unit 2), located on the corner of Walnut and Madison, features 2 bedrooms, 1 bathroom with 625 sqft & a detached carport. Both homes include upgrades such as easy care plank-style flooring throughout, new windows/doors/kitchens/appliances/baths/LED can lighting/tankless water heaters/roofs. There is even indoor laundry space (stackable) in both homes. The main home greets you with a sitting porch and a nice sitting area in the backyard. This home includes a highly upgraded kitchen with quartz counters, stainless appliances, subway tile backsplash, single bowl sink and an island with counter top seating. The bathrooms feature gorgeous fixtures, glass surround showers with fun mosaic tile flooring. Two bedrooms share a Jack and Jill style bathroom. The second home complements the first home with similar finishes, fixtures and upgrades. Located near Carlsbad beaches, restaurants, shopping, freeways and train/coaster. No HOAs or Mello Roos! Seller will entertain offers $1,295,000 - $1,349,000. Neighborhoods: Carlsbad Other Fees: 0 Sewer: Sewer Connected Number of Furnished Units: 0 Topography: LL

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August, 2018
Aug 13, 2018

Date

Sold

CRMLS: 170021005

$897,600

Price
Listing provided courtesy of CRMLS

Outstanding investment opportunity! West of I-5, Zoned R-3, Excellent 2-unit for investment/income. Blocks from Downtown Carlsbad Village & Beach. Main house (Unit 1) is adjacent to alley with 2BR/1BA & 2-car garage w/908 sqft. Second unit is 2BR/1BA w/625 sqft with a carport. Homes are located on a corner lot, Unit 1 is located at 640 Walnut Ave & Unit 2 is located at 3291 Madison St. Neighborhoods: Carlsbad Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Number of Furnished Units: 0 Topography: LL

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November, 2017
Nov 27, 2017

Date

Sold (Public Records)

Public Records

$1,247,500

Price
May, 2017
May 18, 2017

Date

Sold (Public Records)

Public Records

$898,000

Price

Tax History for 640 Walnut Ave

Assessed Value (2020): $1,297,899

Year	Land Value	Improved Value	Assessed Value
2020	$1,144,440	$153,459	$1,297,899

About 640 Walnut Ave

Detailed summary of property

640 Walnut Ave is categorized with a use code of Multi-Family Dwellings (Generic, Any Combination 2+) in Carlsbad, CA 92008 and last sold on November 27, 2017 for $1,247,500. This property has 4 bedrooms, 2 bathrooms, roughly 1,553 living square feet, and sits on an approximately 6,864 square foot lot. Homes in Carlsbad are selling for a median price of $1,505,000 and a median price per square foot of $684. Based on Ardent Real Estate Group's Carlsbad Market Data, this home is sold 17.11% lower than the current median priced home. 640 Walnut Ave was last sold on November 27, 2017 for $1,247,500. Local nearby listings include 6 Poppy Hills Rd, 14 Coco Beach #202 and 43 Glen Cove #133. The average home in Carlsbad, CA is selling in 63 days. There are currently 353 homes for sale in the Carlsbad real estate market and 213 of them are single family homes while 83 of them are condos and 57 are townhomes. If you are the homeowner and looking to sell the home at 640 Walnut Ave Carlsbad, CA 92008 contact Ardent Real Estate Group and we will put you in touch with one of our Carlsbad agents.

Public Facts for 640 Walnut Ave

Public county record property details

Beds: 4
Baths: 2
Year built: 1960
Sq. Ft.: 1,553
Lot Size: 6,864
Stories: --

Type: Multi-Family Dwellings (Generic, Any Combination 2+)
Pool: No
Spa: No
County: San Diego
Lot#: 31,32
APN: 204-082-11-00

The source for these homes facts are from public records.

92008 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,800,000

Median List Price/Sq.Ft.

$813

Median Sold Price

$1,375,000

Median Sold Price/Sq.Ft.

$827

Total Inventory

105

Median Sale to List Price %

98.28%

Avg Days on Market

Loan Type

Conventional (45%), FHA (0%), VA (0%), Cash (45%), Other (5%)

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