NOT LISTED FOR SALE

1009 Gillespie Dr Spring Valley, CA 91977

Estimated Value: $784,000 - $871,000

4 Beds
2 Baths
1,296 Sq Ft
$637/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $640,000 $494 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,023/month

5 Days on Market

About This Home

As of June 2023

Duplex with great potential as a rental. Deferred maintenance makes this an investor "fixer" opportunity. Convenient location just 3 blocks from a shopping center with Target, a grocery store, and fast food. Easy freeway access to 125/54, and 2 parks are within half of a mile. Each unit has two bedrooms, two parking spaces and a covered patio in the back with laundry hookups.

Last Agent to Sell the Property

Scot Shatwell

Shatwell Real Estate, Inc. License #01340536 Listed on: 05/19/2023

Last Buyer's Agent

Monique Ramirez

Real Broker License #01859157

Real Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,423 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Net Operating Income $19,484

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 584-061-24-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Jamacha, 125 Freeway
  • Neighborhood: La Presa
  • Stories: 1 Story
  • Sale Price List Price: 1.02
  • Total Stories: 1
  • Year Built: 1960
  • 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
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: SPRING VALLEY

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 584-061-24-00
  • Estimated Lot Sq Ft: 7423
  • Estimated Number of Acres: 0.17
  • Map Code Column: A
  • Map Code Page: 1291
  • Map Code Row: 3

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 19484
  • Gross Rent Multiplier Actual: 22.83
  • Number Of Buildings: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2025
Sold by
Roman Marco Antonio and Ibanez-Roman Joyce Lynn
Bought by
Rodriguez Gerardo and Rodriguez Isavel
Current Estimated Value
$826,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$851,296
Outstanding Balance
$849,085
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
-$23,055

Purchase Details

Closed on
Jun 30, 2025
Sold by
Rodriguez Lorena
Bought by
Rodriguez Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$851,296
Outstanding Balance
$849,085
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
-$23,055

Purchase Details

Listed on
May 19, 2023
Closed on
Jun 2, 2023
Sold by
Bougher Trust
Bought by
Roman Marco Antonio and Ibanez-Roman Joyce Lynn
Seller's Agent
Scot Shatwell
Shatwell Real Estate, Inc.
Buyer's Agent
Monique Ramirez
Real Broker
List Price
$630,000
Sold Price
$640,000
Premium/Discount to List
$10,000
1.59%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%
Original Mortgage
$480,000
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2012
Sold by
Bougher Ronald G and Bougher Elizabeth C
Bought by
Bougher Ronald G and Bougher Elizabeth C

Purchase Details

Closed on
Nov 5, 2002
Sold by
Bougher Ronald G and Bougher Elizabeth
Bought by
Bougher Ronald G and Bougher Elizabeth C

Purchase Details

Closed on
Aug 14, 2002
Sold by
Miner Victor H and Miner Conna M
Bought by
Bougher Ronald and Bougher Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.52%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Rodriguez Gerardo $867,000 Ticor Title Company
Rodriguez Gerardo -- Ticor Title Company
Roman Marco Antonio $640,000 Corinthian Title
Bougher Ronald G -- None Available
Bougher Ronald G -- --
Bougher Ronald -- Lawyers Title Company
Miner Victor H -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Gerardo $851,296
Previous Owner Roman Marco Antonio $480,000
Previous Owner Bougher Ronald $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2023 06/12/23 Sold $640,000 +1.6% $494 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $630,000 -- $486 / 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 $8,338 $665,856 $416,160 $249,696
2024 $8,338 $652,800 $408,000 $244,800
2023 $3,358 $233,318 $69,337 $163,981
2022 $3,296 $228,744 $67,978 $160,766
2021 $3,273 $224,260 $66,646 $157,614
2020 $3,142 $221,961 $65,963 $155,998
2019 $3,099 $217,610 $64,670 $152,940
2018 $2,996 $213,344 $63,402 $149,942
2017 $2,916 $209,161 $62,159 $147,002
2016 $2,804 $205,061 $60,941 $144,120
2015 $2,774 $201,982 $60,026 $141,956
2014 $2,728 $198,027 $58,851 $139,176
Source: Public Records

Agents Affiliated with this Home

  • Scot Shatwell

    Seller's Agent in 2023

    Scot Shatwell

    Shatwell Real Estate, Inc.

    (858) 699-0529

    1 in this area

    7 Total Sales

    Scot Shatwell
    Section Image
  • Monique Ramirez

    Buyer's Agent in 2023

    Monique Ramirez

    Real Broker

    (619) 517-8142

    2 in this area

    18 Total Sales

    Monique Ramirez
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 230009363

San Diego MLS

APN: 584-061-24

California San Diego County Spring Valley 91977

1009 Gillespie Dr, Spring Valley, CA

Not Listed for Sale

MultiFamily

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