$431,000
SOLD NOV 18, 2020
2 Beds
2 Baths
800 Sq Ft
0.87 Acres

Recently Sold

$539 Per Sq Ft

4% Below List Price

12 Days on Market

About This Home

As of November 2020

COMPLETLEY REMODLED DUPLEX ON A GOOD SIZE LOT. GREAT INVESTMENT OPPORTUNITY. ONE YEAR LEASES IN PLACE. BRAND NEW GRANITE COUNTER TOPS, FLOORING, PLUMBING, ELECTRICAL, WINDOWS, HEATING, CABINETS, APPLIANCES. NINE TOTAL UNITS AVAILBLE ON THIS PORJECT.

Last Agent to Sell the Property

Jake May

The Jake May Team, Inc. License #01292626 Listed on: 07/21/2020

Last Buyer's Agent

Giuseppe Lauritano

Sunset Realty License #01932236

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,653

Year Built

  • Built in 1953

Home Design

  • Brick Exterior Construction
  • Composition Roof

Additional Features

  • 1-Story Property
  • Property is Fully Fenced

Community Details

  • 2 Units
  • Net Operating Income $21,700

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 550-201-15-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,653

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: 36TH STREET & NEWTON
  • Neighborhood: SOUTHCREST
  • Stories: 1 Story
  • Sale Price List Price: 1.01
  • Total Stories: 1
  • Year Built: 1953
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Brick
  • Fencing: Full
  • Roof: Composition

Condo/Co-op/Association

  • Community: SAN DIEGO

Lot Info

  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 550-201-15-00

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 21700
  • Annual Expense Actual: 4700
  • Gross Rent Multiplier Actual: 13.0
  • Gross Sched Income Actual: 26400
  • Number Of Buildings: 1
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2020
Sold by
Bst Llc
Bought by
Hubbard Ryan Austin
Current Estimated Value
$676,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,913
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Listed on
Apr 9, 2018
Closed on
Apr 25, 2018
Sold by
Socal Metro Holdings Llc
Bought by
Bst Llc
Seller's Agent
Ben Tafoya
Home Investment Center
Buyer's Agent
Ben Tafoya
Home Investment Center
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.55%

Purchase Details

Closed on
Apr 4, 2016
Sold by
Blair Daniel A and Blair Albert
Bought by
Lopez Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
3.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $431,000 Ticor Title
Grant Deed $1,478,000 First American Title San Die
Grant Deed $1,375,000 First American Title
Grant Deed $1,075,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $440,913 VA
Previous Owner $328,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $431,000 -4.0% $539 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $449,000 +49.7% $561 / Sq Ft
04/27/2018 04/27/18 Sold $300,000 0.0% $402 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $300,000 -- $402 / 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 $5,653 $466,525 $279,915 $186,610
2024 $5,653 $457,378 $274,427 $182,951
2023 $5,528 $448,411 $269,047 $179,364
2022 $5,381 $439,620 $263,772 $175,848
2021 $5,344 $431,000 $258,600 $172,400
2020 $3,872 $312,120 $187,272 $124,848
2019 $3,803 $306,000 $183,600 $122,400
2018 $3,088 $260,100 $104,040 $156,060
2017 $3,015 $255,000 $102,000 $153,000
2016 $1,375 $114,548 $57,274 $57,274
2015 $1,355 $112,828 $56,414 $56,414
2014 $1,335 $110,618 $55,309 $55,309
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200034200

San Diego MLS

APN: 550-201-15