NOT LISTED FOR SALE

1003 Sumner Ct Unit 5 El Cajon, CA 92021

Bostonia Neighborhood

Estimated Value: $901,665 - $1,036,000

4 Beds
4 Baths
2,560 Sq Ft
$374/Sq Ft Est. Value

Last Sold January 03, 2014

Last sale price $415,000 $162 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $5,886/month

8 Days on Market

Highlights

  • RV Access or Parking
  • Cul-De-Sac
  • Gated Home
  • Gated Parking
  • Private Streets
  • Level Lot

About This Home

As of January 2014

Duplex originally built by the current owner to live in. A great opportunity to live in one and rent the other, or use for multiple generation family. Quiet location with good schools nearby. Large cul-de-sac lot at the end of a private street and no neighbors behind or on either side. Gated RV parking. Each unit has it's own back yard and patio. Convenient to bus lines and freeways. Very low vacancy rate -- one tenant has been there for 12 years! Units are identical -- pictures are of unit 1005.

Last Agent to Sell the Property

Chris Swanson

BCS Real Estate Services License #00447967 Listed on: 11/06/2013

Last Buyer's Agent

Rafi Gorges

Realty Executives Dillon License #01703837

Realty Executives Dillon

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,229

Year Built

  • Built in 1977

Lot Details

  • 0.28 Acre Lot
  • Cul-De-Sac
  • Private Streets
  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Sprinklers on Timer

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Parking

  • Gated Parking
  • RV Access or Parking

Schools

  • Grossmont Union High School District

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 484-183-10-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • Net Operating Income $23,034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,229

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Sumner Ave.
  • Neighborhood: Bostonia
  • Stories: 1 Story
  • Sale Price List Price: 0.99
  • Total Stories: 1
  • Year Built: 1977
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • School District Old: Grossmont Union High
  • Walk Score Desc: Somewhat Walkable
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full, Gate
  • Roof: Composition

Garage/Parking

  • Parking for RV: Gated, On-Site Parking

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: EL CAJON

Schools

  • School District URL: http://www.guhsd.net/
  • High School: Grossmont Union High School District

Lot Info

  • Irrigation: Automatic, Sprinklers
  • Lot Size: .25 to .5 AC
  • Site: Cul-De-Sac, Private Street, Street Paved
  • Topography: Level
  • Water District: PADRE DAM MUNICIPAL
  • Zoning: Rv15
  • Assessor Parcel Number: 484-183-10-00
  • Land Use Code: Dup
  • Estimated Lot Dimensions: 130x93
  • Estimated Lot Sq Ft: 12197
  • Water District URL: http://www.padredam.org
  • Estimated Number of Acres: 0.28
  • Map Code Column: H
  • Map Code Page: 1251
  • Map Code Row: 3

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 23034
  • Annual Expense Actual: 7746
  • Annual Expense Projected: 10546
  • Gross Rent Multiplier Actual: 12.96
  • Gross Rent Multiplier Projected: 11.86
  • Gross Sched Income Actual: 32400
  • Gross Sched Income Projected: 35400
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2

Tax Info

  • Assessor Parcel Number: 1003-1005Sumner92021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2015
Sold by
Gorges Hazim and Gorges Mouna
Bought by
Gorges Family Trust and Gorges Mouna
Current Estimated Value
$956,166

Purchase Details

Listed on
Nov 6, 2013
Closed on
Nov 21, 2013
Sold by
Thigpen Andrew J and Thigpen Debra A
Bought by
Gorges Hazim and Gorges Mouna
Seller's Agent
Chris Swanson
BCS Real Estate Services
Buyer's Agent
Rafi Gorges
Realty Executives Dillon
List Price
$420,000
Sold Price
$415,000
Premium/Discount to List
-$5,000
-1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%
Original Mortgage
$215,000
Outstanding Balance
$58,428
Interest Rate
3.21%
Mortgage Type
New Conventional
Estimated Equity
$879,475

Purchase Details

Closed on
May 15, 2006
Sold by
Thigpen Andrew Jackson and Thigpen Debra Ann
Bought by
Thigpen Andrew J and Thigpen Debra A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gorges Family Trust -- None Available
Gorges Hazim $415,000 Lawyers Title
Thigpen Andrew J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorges Hazim $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2014 01/03/14 Sold $415,000 -1.2% $162 / Sq Ft
11/12/2013 11/12/13 Pending -- -- --
11/04/2013 11/04/13 For Sale $420,000 -- $164 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,229 $508,722 $155,117 $353,605
2024 $8,229 $498,748 $152,076 $346,672
2023 $7,976 $488,970 $149,095 $339,875
2022 $7,780 $479,383 $146,172 $333,211
2021 $7,658 $469,984 $143,306 $326,678
2020 $7,501 $465,166 $141,837 $323,329
2019 $7,399 $456,046 $139,056 $316,990
2018 $7,196 $447,105 $136,330 $310,775
2017 $7,024 $438,339 $133,657 $304,682
2016 $6,733 $429,745 $131,037 $298,708
2015 $6,705 $423,291 $129,069 $294,222
2014 -- $108,711 $33,148 $75,563
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Chris Swanson

    BCS Real Estate Services

    Section Image

  • R

    Buyer's Agent in 2014

    Rafi Gorges

    Realty Executives

    Section Image
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Map

Source: San Diego MLS

MLS Number: 130058886

San Diego MLS

APN: 484-183-10

California San Diego County El Cajon 92021 Bostonia

1003 Sumner Ct Unit 5, El Cajon, CA

This home is located at 1003 Sumner Ct Unit 5, El Cajon, CA 92021 since 06 November 2013 and is currently estimated at $956,166, approximately $373 per square foot. This property was built in 1977. 1003 Sumner Ct Unit 5 is a home located in San Diego County with nearby schools including Bostonia Elementary School, W.D. Hall Elementary School, and Greenfield Middle School.

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