NOT LISTED FOR SALE

1132 Sweetwater Ln Spring Valley, CA 91977

Estimated Value: $790,117 - $937,000

4 Beds
2 Baths
1,648 Sq Ft
$519/Sq Ft Est. Value

Last Sold December 09, 2016

Last sale price $530,000 $322 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,213/month

11 Days on Market

About This Home

As of December 2016

BUILDING OPPORTUNITY! Unique property! Tremendous value! 2 on 1. Currently zoned for approximately 6-7 units - residential/commercial. Move in ready. Existing units are renovated in&out. New flooring throughout, new interior/exterior paint, 2 pane vinyl windows throughout, renovated kitchens, renovated baths, new appliances. Property has an oversized 3 Car Garage, and has a gated entrance. Live in/rent current units while developing the lot! 3 houses away from Spring Valley sports field. Close to schools First unit is at ground floor, second unit is above the 3 car garage. Units do not share a common wall. The structure is 2 buildings connected by a laundry room / breezeway. Appears the lot could be build on with current structure in place. Neighborhoods: Rancho Mission of San Diego Other Fees: 0 Unit # for Unit 1: 1132 Unit # for Unit 2: 1134 Number of Furnished Units: 0

Last Agent to Sell the Property

Daniel Chiara

Realty and Design of San Diego License #01929545 Listed on: 11/10/2016

Co-Listed By

Brent Enderson

Brent J Enderson, Broker License #01739577

Last Buyer's Agent

Teresa Johnson

Premiere Properties License #02001335

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,101

Year Built

  • Built in 1920

Lot Details

  • 0.31

Home Design

  • Rolled or Hot Mop Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 2-Story Property
  • 0.31 Acre Lot

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5781801800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,101

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Subdivision Name Other: Spring Valley
  • Zoning: COM - RES
  • Property Type: Residential Income
  • Parcel Number: 5781801800
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Levels: Two

Exterior Features

  • Roof: Rolled/Hot Mop

Lot Info

  • Lot Size Sq Ft: 13415.00
  • Lot Size Acres: 0.3100

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 13415.0000 Square Feet
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2016
Closed on
Nov 28, 2016
Sold by
C & E Homes Inc
Bought by
Bendickson Michael
Seller's Agent
Daniel Chiara
Realty and Design of San Diego
Buyer's Agent
Teresa Johnson
Premiere Properties
List Price
$530,000
Sold Price
$530,000
Current Estimated Value
$855,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,779
Avg. Annual Appreciation
5.56%

Purchase Details

Closed on
Aug 8, 2016
Sold by
Sorensen Susan Irene
Bought by
C & E Homes Inc

Purchase Details

Closed on
Dec 23, 2015
Sold by
Fain Gerald
Bought by
Sorensen Susan Irene

Purchase Details

Closed on
Oct 13, 1999
Sold by
Adams Freeda F Trust 12-15-94 and Faye Freeda Faye
Bought by
Fain R G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
7.82%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 15, 1994
Sold by
Adams Freeda Faye
Bought by
Adams Freeda Faye
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bendickson Michael $530,000 Title 365
C & E Homes Inc $245,000 Title 365
Sorensen Susan Irene -- None Available
Fain R G $94,000 New Century Title Company
Adams Freeda Faye -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fain R G $94,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2016 12/09/16 Sold $530,000 0.0% $322 / Sq Ft
11/21/2016 11/21/16 Pending -- -- --
11/10/2016 11/10/16 For Sale $530,000 -- $322 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,101 $615,106 $290,145 $324,961
2024 $8,101 $603,046 $284,456 $318,590
2023 $7,848 $591,223 $278,879 $312,344
2022 $7,721 $579,631 $273,411 $306,220
2021 $7,648 $568,266 $268,050 $300,216
2020 $7,346 $562,440 $265,302 $297,138
2019 $7,239 $551,412 $260,100 $291,312
2018 $7,026 $540,600 $255,000 $285,600
2017 $6,865 $530,000 $250,000 $280,000
2016 $1,973 $122,029 $96,069 $25,960
2015 $1,949 $120,197 $94,626 $25,571
2014 $1,922 $117,844 $92,773 $25,071
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160060471

California Regional Multiple Listing Service (CRMLS)

APN: 578-180-18