NOT LISTED FOR SALE

Estimated Value: $772,263 - $973,000

4 Beds
2 Baths
-- Sq Ft
8,953 Sq Ft Lot

Last Sold October 31, 2022

Last sale price $700,000

Est. 23% increase in value since last sale

Current estimated payment $5,325/month

78 Days on Market

Highlights

  • RV Parking in Community
  • 1-Story Property
  • Property is Fully Fenced

About This Home

As of October 2022

The property consists of (2) two bedroom, one bathroom units on a 8,952 sf lot. Each unit features washer/dryer hookups, Eight parking spaces with potential RV parking, and private yards front and back. Recent improvements include; new roof with 15-year warranty , upgraded electrical panels in both units, 8 freshly paved parking spaces, exterior paint, fence with private yards, security screen doors, and new landscape with drought tolerant plants throughout. Both units are occupied tenants on month-to-month leases. Significant upside in rental income.

Last Agent to Sell the Property

Nick Azoff

Starker West, Inc. License #02035396 Listed on: 06/27/2022

Co-Listed By

Seth Watje

Starker West, Inc. License #01805453

Last Buyer's Agent

Jesus Valdivia

TXR Homes, Inc. License #02075255

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,892

Year Built

  • 1955

Lot Details

  • 8,953 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Cooling System Mounted To A Wall/Window

Community Details

  • 2 Units
  • Bostonia Community
  • RV Parking in Community

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 484-101-63-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,892

Year Built

1955

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: East County
  • Cross Street: N 1st
  • Neighborhood: Bostonia
  • Stories: 1 Story
  • Sale Price List Price: 0.9
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Exterior Features

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

Utilities

  • Cooling: Wall/Window

Condo/Co-op/Association

  • Complex Name: Bostonia
  • Community: EL CAJON
  • Complex Features: RV/Boat Parking

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 484-101-63-00
  • Estimated Lot Sq Ft: 8953

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 1
  • Number Of Furnished Units: 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: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Sep 22, 2022
Sold by
1122 Holdings Llc
Bought by
Quintana Aurora
Seller's Agent
Nick Azoff
Starker West, Inc.
Buyer's Agent
Jesus Valdivia
TXR Homes, Inc.
List Price
$780,000
Sold Price
$700,000
Premium/Discount to List
-$80,000
-10.26%
Current Estimated Value
$859,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,816
Avg. Annual Appreciation
7.12%
Original Mortgage
$525,000
Outstanding Balance
$504,514
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$355,302

Purchase Details

Closed on
Feb 24, 2022
Sold by
Minneci Family Trust
Bought by
1122 Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1993
Sold by
Minneci Antonio and Minneci Carmela
Bought by
Minneci Antonio and Minneci Carmela
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 Buyer Sale Price Title Company
Quintana Aurora $700,000 First American Title
1122 Holdings Llc $607,500 First American Title
Minneci Antonio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quintana Aurora $525,000
Previous Owner 1122 Holdings Llc $570,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2022 10/31/22 Sold $700,000 -10.3% --
09/14/2022 09/14/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $780,000 0.0% --
08/26/2022 08/26/22 Pending -- -- --
08/05/2022 08/05/22 Price Changed $780,000 -1.0% --
07/07/2022 07/07/22 Price Changed $788,000 -0.1% --
06/27/2022 06/27/22 For Sale $789,000 -- --
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 $9,892 $728,278 $273,069 $455,209
2024 $9,892 $713,999 $267,715 $446,284
2023 $9,622 $700,000 $262,466 $437,534
2022 $3,210 $167,360 $62,752 $104,608
2021 $3,139 $164,079 $61,522 $102,557
2020 $3,091 $162,398 $60,892 $101,506
2019 $3,057 $159,215 $59,699 $99,516
2018 $2,992 $156,094 $58,529 $97,565
2017 $2,936 $153,034 $57,382 $95,652
2016 $2,833 $150,034 $56,257 $93,777
2015 $2,822 $147,781 $55,412 $92,369
2014 $2,764 $144,887 $54,327 $90,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220016374

San Diego MLS

APN: 484-101-63