PROPERTY DETAILS
Property Type
Condominium
Bedrooms
2
Bathrooms
2
Size
864
Floors
2
Year Built
1990
List Price
$769,000
Close Price
$775,000
Price per Sq. Ft.
$896.99
List Date
05/12/22
Close Date
06/06/22
DOM
3
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INSIDERS PERSPECTIVE
12695 Camino Mira Del Mar, Unit 117 SOLD for $775,000 ($896.99 per square foot) on June 6th, 2022.
The 2 bed 2 bath lower level unit was listed for $769,000 on May 12th, 2022 and was on the market for 3 days before going into escrow. This unit closed escrow in 21 days. The unit sold for $6,000 under list price. The Buyer obtained a loan for $620,000 or 80% of the purchase price or loan-to-value allowing the buyer to stay within conventional loan down payment limits and avoiding private mortgage insurance (PMI).
In terms of upgrades, this home had minimal improvements. The kitchen and bathrooms have the original cabinets/vanities and countertops with original tile flooring. Stainless steel appliances. The main upgrades included new flooring throughout the living/dining room and bedrooms. The strong close price is a reflection of the market conditions.
Inside information from the
#1 condo agents in Carmel Valley.
PRO'S
The unit is located near the end of a parking area only accessible from Camino Mira Del Mar. The parking area is a dead-end and less prone to unwanted traffic.
Close proximity to the communities amenities - tennis courts, swimming pool and spa, fitness center and club house.
CON'S
The unit faces the parking area adjacent to Carmel Creek Rd. and could be subject to road noise.
BUYERS INSIGHT
This sale represents the strong market conditions with willing and able Buyers reacting to the supply and demand that was a reality in early 2022. With nothing else available on the market, the Buyers were more than happy to entertain list price. Del Mar Villas is a highly sought after community because of it’s close, walking-distance proximity to the Del Mar Highlands and Piazza Carmel shopping centers, Carmel Grove Park, and Carmel Del Mar Elementary and Carmel Valley Middle School.
One thing you will notice with this listing is the staging and clean presentation of this property. Light neutral colored walls. Minimal distractions and no personal items. The photographs present a welcoming picture of this home, highlighting the best aspects this property has to offer (even with minimal improvements).
Identifying the upgrades, the PRO's and the CON's of each unit and each sale and then knowing these sales comparables intimately is the key for your agent to plead your case to a seller and help you negotiate and then buy at the absolute lowest price point possible, without this in depth homework, you do not have a strategic advantage to negotiate. DO NOT put your trust in anyone other than the most experienced condo buyers agents that you can find. Put your trust in Brant Lee and Chaco Clotfelter the #1 condo agents in Carmel Valley to help you identify opportunities, competitively navigate and then negotiate the offer process and then enjoy a position of control once in escrow.
We encourage you to give us an hour of your time and we will give you a one-hour driving tour of Carmel Valley condo complexes and we guarantee that you'll learn more in an hour with one of us than you will searching for information about Carmel Valley condos on the internet for a month. We strive to provide value and arm those that trust us with the most valuable and compelling insight into each complex to help you find the right fit in a complex and then negotiate on your behalf to help you achieve the best possible outcome in the market.
SELLERS INSIGHT
When looking for the “right” agents to list your home, make sure they have in-depth knowledge and insight of your community, nearby communities, and the surrounding area, including floor plans, community pros and cons, HOA CC&Rs, rules and regulations, state/local laws and other factors that may effect the sale of your property.
Expect more from your real estate agent. DO NOT put your trust in real estate agents that treat you like another transaction. Any licensed real estate agent can run comparative reports, but do they really know your community inside and out?
We specialize in the 32 townhome/condominium communities in Carmel Valley.
Put your trust in Brant Lee and Chaco Clotfelter the #1 townhome/condominium agents in Carmel Valley to help guide you through the selling process. Our experience and in-depth market knowledge can help you competitively price your property, assist with property preparation and presentation, finding buyers, and successfully negotiating and dealing with them. All of this matters as it relates to our goal to get you the highest and best price possible for your home, and earn a client for life.
We encourage you to give us a call to discuss how we can help you sell your home.
PROPERTY LOCATION
12695 Camino Mira Del Mar unit 117, San Diego, CA, USA