NOT LISTED FOR SALE

Estimated Value: $585,000 - $738,000

4 Beds
2 Baths
-- Sq Ft
5,131 Sq Ft Lot

Last Sold May 18, 2016

Last sale price $260,000

Est. 165% increase in value since last sale

Current estimated payment $3,951/month

44 Days on Market

Highlights

  • Partially Fenced Property
  • Heating System Uses Natural Gas
  • 1-Story Property

About This Home

As of May 2016

GREAT DUPLEX. 682 sf each. 2 bedroom units. North Mount Hope duplex. Plenty of street parking on the Home Avenue extension directly behind the duplex. Take Home Avenue 100 yards SOUTH of the 94 and park your car. The duplex is the building closest to the 94. From DOWNTOWN take the 94 EAST to the HOME AVE. exit. Take a right at the stop sign. The backyard cleanup is in process. The duplex has a recorded 15 foot wide ingress and egress easement from the alley access. THESE UNITS SHOULD RENT FOR $1000. EACH. ONCE THEY ARE CLEANED UP. DO NOT MISS THIS OPPORTUNITY TO BUY ONE OF THE LOWEST PRICED DUPLEXES IN A CENTRAL SAN DIEGO LOCATION. A CASH BUYER CAN OWN THESE NOW WITH A 7 DAY ESCROW. COME LIVE THE DREAM IN THIS GREAT NORTH MOUNT HOPE NEIGHBORHOOD !! Neighborhoods: NORTH MOUNT HOPE Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: A Unit # for Unit 2: B Number of Furnished Units: 0 Topography: GSL

Last Agent to Sell the Property

Jeff Presar

Presar Realty License #00763179 Listed on: 03/06/2016

Last Buyer's Agent

Michael Salvio

Single Fin Realty License #01972209

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,741

Year Built

  • Built in 1983

Lot Details

  • 5,131 Sq Ft Lot
  • Lot Dimensions are 50x101
  • Partially Fenced Property

Home Design

  • Rolled or Hot Mop Roof

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for water, electricity
  • Assessor Parcel Number 5416220100

Community Details

Overview

  • 2 Units
  • DUPLEX

Building Details

  • Net Operating Income $7,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,741

Year Built

Built in 1983

Lot Details

0

Listing Details

  • CapRate: 2.50
  • Park Name: DUPLEX
  • Subdivision Name Other: San Diego
  • View: No
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 5416220100
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Roof: Rolled/Hot Mop

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas

Lot Info

  • Lot Size: 50X101
  • Lot Size Sq Ft: 5131.00
  • Lot Size Acres: 0.1100

Rental Info

  • Tenant Pays: Water, Electricity

Multi Family

  • Gross Scheduled Income: 1200.00
  • Lot Size Area: 5131.0000 Square Feet
  • Net Operating Income: 7200.00
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2022
Sold by
Morton Ian
Bought by
Morton Ian
Current Estimated Value
$689,031

Purchase Details

Listed on
Mar 6, 2016
Closed on
May 16, 2016
Sold by
39Th Street Trust
Bought by
Morton Ian and Morton Clare
Seller's Agent
Jeff Presar
Presar Realty
Buyer's Agent
Michael Salvio
Single Fin Realty
List Price
$260,000
Sold Price
$260,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.22%

Purchase Details

Closed on
May 11, 2009
Sold by
Consumer Solutions Reo Llc
Bought by
39Th Street Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,500
Interest Rate
4.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 8, 2008
Sold by
Saxon Mortgage Services Inc
Bought by
Consumer Solutions Reo Llc

Purchase Details

Closed on
Apr 25, 2008
Sold by
Clark Henry and Clark Elana
Bought by
Saxon Mortgage Services Inc

Purchase Details

Closed on
Aug 31, 2005
Sold by
Barajas Engracia G and Barajas Javier
Bought by
Clark Henry and Clark Elana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 12, 2004
Sold by
Barajas Javier and Barajas Engracia G
Bought by
Barajas Engracia G and Barajas Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 8, 2003
Sold by
Morley Wilma M
Bought by
Barajas Javier and Barajas Engracia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 10, 2001
Sold by
Morley Wilma M
Bought by
Morley Wilma M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,750
Interest Rate
7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 22, 1996
Sold by
Walz Roberto S and Walz Devon S
Bought by
Walz Roberto and Walz Devon S

Purchase Details

Closed on
Feb 23, 1996
Sold by
Mcdonald Mitchell J and Mcdonald Zora J
Bought by
Mcdonald Mitchell J and Mcdonald Zora J

Purchase Details

Closed on
Apr 7, 1994
Sold by
Mcdonald Mitchell J and Mcdonald Zora J
Bought by
Walz Roberto and Walz Devon S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.59%

Purchase Details

Closed on
Feb 18, 1993

Purchase Details

Closed on
Mar 2, 1987

Purchase Details

Closed on
Aug 18, 1983
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
Morton Ian -- Chicago Title
Morton Ian $260,000 Chicago Title Company
39Th Street Trust $90,500 First American Title Company
Consumer Solutions Reo Llc -- First American Title
Saxon Mortgage Services Inc $538,183 Accommodation
Clark Henry $400,000 First American Title Co
Barajas Engracia G -- Lawyers Title San Diego
Barajas Javier $200,000 American Title Ins Co
Morley Wilma M -- North American Title
Walz Roberto -- --
Mcdonald Mitchell J -- --
Walz Roberto -- California Coast Title
-- $46,000 --
-- $135,000 --
-- $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 39Th Street Trust $143,500
Previous Owner 39Th Street Trust $83,500
Previous Owner Clark Henry $436,000
Previous Owner Clark Henry $360,000
Previous Owner Barajas Engracia G $250,000
Previous Owner Barajas Javier $160,000
Previous Owner Morley Wilma M $28,750
Previous Owner Walz Roberto $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2016 05/18/16 Sold $260,000 0.0% --
04/19/2016 04/19/16 Pending -- -- --
03/06/2016 03/06/16 For Sale $260,000 -- --
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 $3,741 $307,778 $272,080 $35,698
2024 $3,741 $301,745 $266,746 $34,999
2023 $3,658 $295,829 $261,516 $34,313
2022 $3,561 $290,030 $256,389 $33,641
2021 $3,537 $284,344 $251,362 $32,982
2020 $3,494 $281,429 $248,785 $32,644
2019 $3,433 $275,911 $243,907 $32,004
2018 $3,210 $270,502 $239,125 $31,377
2017 $3,134 $265,199 $234,437 $30,762
2016 $1,186 $98,442 $87,023 $11,419
2015 $1,169 $96,964 $85,716 $11,248
2014 $1,152 $95,065 $84,037 $11,028
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160012173

California Regional Multiple Listing Service (CRMLS)

APN: 541-622-01