March 28, 2008

High Brow, Low Brow - Ocean Beach

This is the final post of a three part series dealing with the range of values in the neighborhoods of Hillcrest, North Park and Ocean Beach.  Each of these micro markets are interesting in their own right and for the sake of comparison. 

I am always curious to see the spread between the highest and lowest priced homes on the market.  It says a lot and gives a pretty good picture of the range and value of properties in a region.  Most people shopping a particular neighborhood are most interested in homes that fall somewhere near the middle, so knowing the playing field is critical. 

This week, I am bringing you homes on both ends of the spectrum in each of three popular San Diego neighborhoods and I’ll throw in one or two in the middle so you get the big picture along the entire continuum. On Monday, I covered Hillcrest.  On Wednesday, North Park.  Today I am bringing you Ocean Beach.

Lowest!  5075 Narragansett Avenue #201.  $329,000.  One bedroom, one bath condominium in Ocean Beach.  This home has 550 square feet and is priced at $598 per square foot.  It’s Zestimate is $334,000 and eppraisal is $333,144.  It last sold for $380,000 on November 4, 2004.  On Redfin 102 days.

Tweenie #1  4751 Greene Street.  Two bedroom, three bath single family home in Ocean Beach.  Short sale asking $725,000.  Last sold for $250,000 on October 1, 2004.  This property’s Zestimate is $700,000 and eppraisal is 589,973.  On Redfin 51 days.

Tweenie #2  4649 Del Mar Avenue.  $749,000.  Two bedroom, bath and a half home in Ocean Beach.  It has 907 square feet and is priced at $826 per square foot.  It’s Zestimate is $635,000 and eppraisal is $651,579.  On Redfin 9 days.

Highest!  5173 Brighton Avenue #4.  $1,595,000.  Three bedroom, two bath condominium in Ocean Beach.  This property has 1,950 square feet and is priced at $818 per square foot.  It’s Zestimate is $648,500 and eppraisal is $458,225.  On Redfin 127 days.

If you liked this post you might also enjoy:

High Brow, Low Brow - Hillcrest

High Brow, Low Brow - North Park

I Sure Wish You Hadn’t Done That

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