Seller's Agent in 2024
Craig Stewart
Acre Investment Real Estate
(760) 809-3626
2 in this area
17 Total Sales
1012 N 1st St El Cajon, CA 92021
Bostonia NeighborhoodEstimated Value: $758,843 - $896,000
4
Beds
2
Baths
1,594
Sq Ft
$524/Sq Ft
Est. Value
About This Home
As of April 2024*PORTFOLIO SALE* Seller may consider individual offers but prefers to sell all duplexes as a portfolio. Property to be sold with 1022-1024 N 1st, 504-506 Ann Street, 1064 E. Madison, and 898 Valley Village (With the option to buy additional properties at 1096 N. Mollison, 964-980 Merritt Drive, and 986 Merritt Drive). Please call or email for full marketing package and details. We are proud to present 1012-1014 N. 1st Street, a spacious duplex located in El Cajon, California. The 1st Street Duplex o?ers several amenities to its residents. The property is secured with a fully fenced perimeter. 1012-1014 N. 1st Street is located adjacent to 1022-1024 N. 1st Street, another duplex for sale by the owner, thus allowing the buyer to operate both properties as a 4-unit investment. The owner has instituted a utility billing system allowing the tenants to pay for electricity, gas, water, sewer, and trash. This duplex is well maintained with recently remodeled units and many other improvements. One of the major advantages of this duplex is that it comes with o?-street parking, which is a huge convenience in a busy location.
Last Agent to Sell the Property
Acre Investment Real Estate License #01060001 Listed on: 01/24/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,150
Year Built
- Built in 1971
Lot Details
- 7,536
Home Design
- Composition Roof
- Stucco Exterior
Additional Features
- 1-Story Property
- Property is Fully Fenced
Listing and Financial Details
- Tenant pays for sewer, trash, water, electricity, gas/propane, hot water
- Assessor Parcel Number 4842921900
Community Details
Overview
- 2 Buildings
- 2 Units
- Doobie Community
Building Details
- Net Operating Income $45,273
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2024
Closed on
Mar 21, 2024
Sold by
Mark Icarus Lp
Bought by
Alabid Nazar
Seller's Agent
Craig Stewart
Acre Investment Real Estate
Buyer's Agent
Nazar Alabid
LPT Realty,Inc
List Price
$850,000
Sold Price
$800,000
Premium/Discount to List
-$50,000
-5.88%
Views
84
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,961
Avg. Annual Appreciation
3.17%
Original Mortgage
$640,000
Outstanding Balance
$630,546
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$204,415
Purchase Details
Closed on
Apr 7, 2021
Sold by
Mark Icarus Lp
Bought by
Mark Icarus Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
3.1%
Purchase Details
Closed on
Jun 12, 2018
Sold by
532 W Olive St Lp
Bought by
Mark Icarus Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,190
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 9, 2013
Closed on
Mar 13, 2013
Sold by
Foster Gene
Bought by
532W Olive St Lp
Seller's Agent
Bob Blessing
Bob Blessing, Broker
Buyer's Agent
Mark Mittal
Montezuma Equities
List Price
$380,000
Sold Price
$380,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$22,000,000
Interest Rate
3.5%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 27, 2008
Sold by
Foster Josephine R
Bought by
Foster Josephine R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 21, 2005
Sold by
Foster Josephine R
Bought by
Foster Josephine R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.28%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
May 6, 2004
Sold by
Foster Josephine R
Bought by
Foster Josephine R
Purchase Details
Closed on
Oct 17, 2003
Sold by
Foster Josephine R and Foster Josephine Rae
Bought by
Foster Josephine R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.14%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 6, 2002
Sold by
Foster Josephine R
Bought by
Foster Josephine Rae
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,700
Interest Rate
6.78%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alabid Nazar | $800,000 | Corinthian Title Company | |
| Mark Icarus Lp | -- | Corinthian Title | |
| Mark Icarus Lp | $450,000 | Western Resources Title | |
| 532W Olive St Lp | $387,500 | First American Title San Die | |
| Foster Josephine R | -- | First American Title Company | |
| Foster Josephine R | -- | First American Title Company | |
| Foster Josephine R | -- | Accommodation | |
| Foster Josephine R | -- | North American Title Co | |
| Foster Josephine R | -- | -- | |
| Foster Josephine R | -- | Fidelity National Title Co | |
| Foster Josephine Rae | -- | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alabid Nazar | $640,000 | |
| Previous Owner | Mark Icarus Lp | $1,800,000 | |
| Previous Owner | Mittal Mark Ram | $425,000 | |
| Previous Owner | Mark Icarus Lp | $10,000 | |
| Previous Owner | Mark Icarus Lp | $10,000 | |
| Previous Owner | Mark Icarus Lp | $10,000 | |
| Previous Owner | Mark Icarus Lp | $258,190 | |
| Previous Owner | 532 W Olive St Lp | $252,850 | |
| Previous Owner | 532 West Olive Street Lp | $22,000,000 | |
| Previous Owner | Foster Josephine R | $303,750 | |
| Previous Owner | Foster Josephine R | $290,000 | |
| Previous Owner | Foster Josephine R | $256,000 | |
| Previous Owner | Foster Josephine Rae | $154,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2024 04/15/24 | Sold | $800,000 | -5.9% | $502 / Sq Ft |
| 03/19/2024 03/19/24 | Pending | -- | -- | -- |
| 01/24/2024 01/24/24 | For Sale | $850,000 | +123.7% | $533 / Sq Ft |
| 05/06/2013 05/06/13 | Sold | $380,000 | 0.0% | $241 / Sq Ft |
| 03/11/2013 03/11/13 | Pending | -- | -- | -- |
| 03/09/2013 03/09/13 | For Sale | $380,000 | -- | $241 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
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 | $8,150 | $815,999 | $336,928 | $479,071 |
| 2024 | $8,150 | $492,136 | $203,204 | $288,932 |
| 2023 | $7,898 | $482,487 | $199,220 | $283,267 |
| 2022 | $7,704 | $473,027 | $195,314 | $277,713 |
| 2021 | $7,583 | $463,753 | $191,485 | $272,268 |
| 2020 | $7,427 | $458,999 | $189,522 | $269,477 |
| 2019 | $7,326 | $450,000 | $185,806 | $264,194 |
| 2018 | $6,858 | $419,372 | $173,160 | $246,212 |
| 2017 | $6,690 | $411,150 | $169,765 | $241,385 |
| 2016 | $6,413 | $403,089 | $166,437 | $236,652 |
| 2015 | $6,387 | $397,035 | $163,937 | $233,098 |
| 2014 | $6,269 | $389,258 | $160,726 | $228,532 |
Source: Public Records
Agents Affiliated with this Home
-
Craig Stewart
-
Nazar Alabid
Buyer's Agent in 2024
Nazar Alabid
LPT Realty,Inc
(619) 493-9956
8 in this area
74 Total Sales
-
B
Seller's Agent in 2013
Bob Blessing
Bob Blessing, Broker
-
M
Buyer's Agent in 2013
Mark Mittal
Montezuma Equities
Map
Source: San Diego MLS
MLS Number: 240001798
APN: 484-292-19
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