NOT LISTED FOR SALE

1014 Gillespie Dr Spring Valley, CA 91977

La Presa Area

Estimated Value: $770,000 - $913,000

4 Beds
4 Baths
2,088 Sq Ft
$409/Sq Ft Est. Value

Sale Details

Date Sold: January 14, 2022

Last sale price $749,000 $359 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,493 / mo

10 Days on Market

About This Home

As of January 2022

RARE opportunity to own this "townhome-style" duplex, just walking distance from groceries, shops, school, library, transportation, and more! Each unit has its own spacious fenced yards along with large 2 bedrooms and 1.5 bathrooms. Located on a nice quiet lot just off of the main street with PLENTY of parking including possible potential for RV parking? Property shows great inside and out - perfect for the owner-occupied buyer or investor looking for great cash flow. Huge upside potential in rent and opportunity to add value.

Last Agent to Sell the Property

Lawrence Dy

Dycor Realty Inc. License #01749497 Listed on: 11/05/2021

Last Buyer's Agent

Non-Member Default

Default Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 6,587 Sq Ft Lot
  • Partially Fenced Property

Parking

  • RV Potential

Home Design

  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Separate Water Meter

Community Details

  • 2 Units
  • Spring Valley Community

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 584-064-17-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

6,587 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: St George St
  • Neighborhood: Spring Valley
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1979
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 3
  • Prkng Non Garage Spac U2: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial

Garage/Parking

  • Parking for RV: Potential Space

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: Spring Valley
  • Community: SPRING VALLEY

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Easement Access
  • Assessor Parcel Number: 584-064-17-00
  • Estimated Lot Sq Ft: 6587
  • Estimated Number of Acres: 0.15
  • Map Code Column: A
  • Map Code Page: 1291
  • Map Code Row: 3

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 2
  • Gross Rent Multiplier Actual: 36.5
  • Gross Rent Multiplier Projected: 14.86
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 1
  • Number Of Units With Washers: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Dec 1, 2021
Sold by
Bought by
Seller's Agent
Lawrence Dy
Dycor Realty Inc.
Buyer's Agent
Non-Member Default
Default Non-Member Office
List Price
$749,000
Sold Price
$749,000
Current Estimated Value
$854,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,298
Avg. Annual Appreciation
2.97%
Original Mortgage
$524,300
Outstanding Balance
$474,776
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$379,522

Purchase Details

Closed on
Nov 1, 1988
Bought by

Purchase Details

Closed on
Dec 13, 1985
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$749,000 First American Title
$120,000 --
$102,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $524,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold $749,000 0.0% $359 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $749,000 -- $359 / Sq Ft
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,552 $794,841 $266,950 $527,891
2024 $10,165 $779,257 $261,716 $517,541
2023 $9,853 $763,979 $256,585 $507,394
2022 $3,408 $212,161 $71,255 $140,906
2021 $3,377 $208,002 $69,858 $138,144
2020 $3,221 $205,870 $69,142 $136,728
2019 $3,166 $201,835 $67,787 $134,048
2018 $3,037 $197,878 $66,458 $131,420
2017 $831 $193,999 $65,155 $128,844
2016 $2,808 $190,196 $63,878 $126,318
2015 $2,793 $187,340 $62,919 $124,421
2014 $2,750 $183,671 $61,687 $121,984
Source: Public Records

Agents Affiliated with this Home

  • Lawrence Dy

    Seller's Agent in 2022

    Lawrence Dy

    Dycor Realty Inc.

    (858) 449-1253

    18 Total Sales

    Lawrence Dy
    Section Image

  • N

    Buyer's Agent in 2022

    Non-Member Default

    Default Non-Member Office

  • O

    Buyer's Agent in 2022

    Out of Area Agent

    Out of Area Office

  • K

    Buyer's Agent in 2022

    Kathryn Frost

    RETS IDX TCAR VENDORS

    Section Image
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Map

Source: San Diego MLS

MLS Number: 210030583

San Diego MLS

APN: 584-064-17

California San Diego County Spring Valley 91977

1014 Gillespie Dr, Spring Valley, CA

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