November 19, 2007

Knowledge in the Numbers – Recent Home Sales in Ocean Beach

Looking to invest in the best of San Diego living?  If you’re the casual, kick-back, sand-between-your-toes kinda person, Ocean Beach is the place to be.  But it comes at a premium.  Square footage prices in this area are on the high end and affordability is tight.  Watch the listings and keep an eye on sales stats to make sure you’re making a wise purchase.  Also, click on the links to learn more about Ocean Beach and watch the live web-cam to see the locals frolicking at the pier.

ob1 Knowledge in the Numbers   Recent Home Sales in Ocean Beach

4475 Osprey Street

j0422740 Knowledge in the Numbers   Recent Home Sales in Ocean BeachThis 1948 two bedroom, 1 bath home sold for $741,344 on September 19, 2007.  It depreciated substantially from its last sale of $960,000 in November, 2004 and is currently valued at $1,052,561 (nice!).  87% of properties in the area are valued lower than this one.

1162 Barcelona Drive

This 1949 three bedroom, 2.5 bath home sold for $1,150,000 on October 19, 2007.  It’s a large home with 2,246 square feet.  It is currently valued at it’s purchase price which makes me squeemish on the appreciation front.  91% of homes in the area are valued lower than this one.

4551 Point Loma Avenue

This 1944 three bedroom, one bath home sold for $840,000 on September 17, 2007.  It last sold for $611,000 in May, 2004.  It’s little at just 998 square feet and is currently valued below it’s purchase price at $821,082.  69% of homes in the area are valued lower than this one.

  


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