NOT LISTED FOR SALE

1059 Gillespie Dr Spring Valley, CA 91977

Estimated Value: $677,000 - $1,167,000

4 Beds
2 Baths
1,724 Sq Ft
$487/Sq Ft Est. Value

Last Sold June 02, 2021

Last sale price $514,000 $298 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,908/month

9 Days on Market

Highlights

  • 4 Fireplaces
  • 1-Story Property
  • Property is Fully Fenced

About This Home

As of June 2021

Income producing property with great Opportunity, 9,106 Sq. Ft. R2 lot, 1 building, 2 units. Unit A is 3bed/1 Full bath, Living room, dining area, kitchen and breakfast area, Laundry area. Unit B is 1 Bed/1 Full Bath, living room, dining area, Kitchen, each unit has its own spacious private yard and Shaded patio with plenty of parking area. Sewer line and brand new drive way. Easy access to the Freeway, Very Centralized, close to shopping center. Great quiet location, Must see to appreciate. call with any question. All information to be verified BCOE

Last Agent to Sell the Property

Carolina Juarez

Berkshire Hathaway HomeServices California Properties License #01503460 Listed on: 04/26/2021

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Carolina Juarez

Berkshire Hathaway HomeServices California Properties License #01503460 Listed on: 04/26/2021

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 4 Bedrooms
  • 1,724 Sq Ft Home
  • 1-Story Property
  • 4 Fireplaces

Listing and Financial Details

  • Tenant pays for trash, cable TV, electricity, gardener, gas/propane

Community Details

Overview

  • 2 Units
  • Spring Valley Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1963
  • Unit Levels: 1 Story
  • Property Sub Type: Res Income 2-4 Units
  • Security Features: N/K
  • CapRate: 0.05
  • Co List Office Mls Id: 67444
  • Subdivision Name: SPRING VALLEY
  • Directions: South Jamacha Rd. Right on Gillespie
  • BuildingName: 0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-08-13T11:41:27Z
  • AgeRestrictions: N/K
  • FullAddress: 1059 Gillespie DR.
  • ShortSale: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Total Bedrooms: 4
  • Fireplaces: 4

Exterior Features

  • Fencing: Full
  • Roof: Composition
  • Pool Features: N/K
  • Construction Type: Stucco

Utilities

  • Cooling: N/K

Condo/Co-op/Association

  • Pets Allowed: Allowed w/Restrictions

Lot Info

  • Zoning: R2

Rental Info

  • Tenant Pays: Trash, Cable TV, Electricity, Gardener, Gas/Propane

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2026
Sold by
Naraboina Sandeep and Pahwa Ineet
Bought by
4Cros Mgt Llc
Current Estimated Value
$839,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$878,757
Outstanding Balance
$877,912
Interest Rate
6.18%
Mortgage Type
New Conventional
Estimated Equity
-$38,373

Purchase Details

Listed on
Apr 26, 2021
Closed on
May 15, 2021
Sold by
Merritt James
Bought by
Naraboina Sandeep and Pahwa Ineet
Seller's Agent
Carolina Juarez
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Carolina Juarez
Berkshire Hathaway HomeServices California Properties
List Price
$550,000
Sold Price
$514,000
Premium/Discount to List
-$36,000
-6.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.93%
Original Mortgage
$382,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2021
Closed on
May 12, 2021
Sold by
Kaur Amanpreet
Bought by
Pahwa Ravneet
Seller's Agent
Carolina Juarez
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Carolina Juarez
Berkshire Hathaway HomeServices California Properties
List Price
$550,000
Sold Price
$514,000
Premium/Discount to List
-$36,000
-6.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2021
Sold by
Merritt Sue C and Estate Of Robert L Merritt
Bought by
Merritt James

Purchase Details

Closed on
Apr 29, 2020
Sold by
Merritt Robert I and Merritt Sue C
Bought by
Merritt Robert I and Merritt Sue C

Purchase Details

Closed on
Oct 19, 2010
Sold by
Terra Pacific Investment Group Ii Llc
Bought by
Merritt Robert L and Merritt Sue C

Purchase Details

Closed on
Mar 1, 2010
Sold by
Carrasco Maria Juana
Bought by
Terra Pacific Investment Group Ii Llc

Purchase Details

Closed on
Feb 9, 2004
Sold by
Carrasco Jose and Carrasco Maria Dejesus
Bought by
Carrasco Maria Juana

Purchase Details

Closed on
Oct 29, 2003
Sold by
Calkins Judy
Bought by
Carrasco Jose and Carrasco Maria Dejesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2003
Sold by
Solis Eduardo F and Solis Raquel
Bought by
Calkins Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,920
Interest Rate
5.72%

Purchase Details

Closed on
Sep 23, 1998
Sold by
Gray Sherman W and Gray Yvonne M
Bought by
Solis Eduardo F and Solis Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Interest Rate
6.54%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
4Cros Mgt Llc -- Vantage Point Title
Naraboina Sandeep $514,000 Wfg National Title Co Of Ca
Pahwa Ravneet -- Wfg Title Company Of Ca
Pahwa Ineet -- Wfg Title Co Of Ca San Diego
Naraboina Sandeep -- Wfg Title Co Of Ca San Diego
Merritt James -- None Available
Merritt Robert I -- None Available
Merritt Robert L $220,000 Lawyers Title
Terra Pacific Investment Group Ii Llc $190,500 Lawyers Title
Carrasco Maria Juana -- --
Carrasco Jose $365,000 Fidelity National Title
Calkins Judy $340,000 Lawyers Title Company
Solis Eduardo F $123,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4Cros Mgt Llc $878,757
Previous Owner Pahwa Ravneet $382,500
Previous Owner Carrasco Jose $328,500
Previous Owner Calkins Judy $271,920
Previous Owner Solis Eduardo F $106,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2021 06/02/21 Sold $514,000 -6.5% $298 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $550,000 -- $319 / Sq Ft
Source: San Diego MLS

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 $7,046 $556,368 $306,663 $249,705
2024 $7,046 $545,459 $300,650 $244,809
2023 $6,831 $534,764 $294,755 $240,009
2022 $6,729 $524,279 $288,976 $235,303
2021 $3,663 $260,384 $143,520 $116,864
2020 $3,513 $257,715 $142,049 $115,666
2019 $3,461 $252,663 $139,264 $113,399
2018 $3,350 $247,710 $136,534 $111,176
2017 $3,263 $242,854 $133,857 $108,997
2016 $3,140 $238,093 $131,233 $106,860
2015 $3,114 $234,517 $129,262 $105,255
2014 $3,059 $229,924 $126,730 $103,194
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210010922

San Diego MLS

APN: 584-061-34

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