NOT LISTED FOR SALE

1141 Jamacha Ln Unit 43 Spring Valley, CA 91977

Estimated Value: $753,000 - $864,000

5 Beds
2 Baths
1,700 Sq Ft
$470/Sq Ft Est. Value

Last Sold December 02, 2016

Last sale price $390,000 $229 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,748/month

29 Days on Market

About This Home

As of December 2016

Duplex investment property. Both units are occupied. Each unit has it's own private patio/yard with direct access to units. Each unit has driveway parking (off street); 1143 has garage parking as well. The 1141 unit has storage space where garage was (has been converted to another bedroom and can easily be converted back to main garage.)

Last Agent to Sell the Property

Kristina Watson

Century 21 1st Choice Realty License #01188611 Listed on: 09/19/2016

Last Buyer's Agent

Genina Padilla

Padilla Real Estate Services License #01164102

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,232

Year Built

  • Built in 1972

Lot Details

  • 7,275

Home Design

  • Composition Roof

Additional Features

  • 1-Story Property
  • Property is Fully Fenced

Community Details

  • 2 Units
  • Net Operating Income $3

Listing and Financial Details

  • Tenant pays for trash, cable TV, electricity
  • Assessor Parcel Number 578-180-42-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,232

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Jamacha Road
  • Neighborhood: Spring Valley
  • Stories: 1 Story
  • Sale Price List Price: 0.91
  • Total Stories: 1
  • Year Built: 1972
  • 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: Wood/Stucco
  • Fencing: Full
  • Roof: Composition

Condo/Co-op/Association

  • Community: SPRING VALLEY

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Assessor Parcel Number: 578-180-42-00
  • Land Use Code: Res

Rental Info

  • Tenant Pays: Trash, Cable TV, Electricity

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 3
  • Annual Expense Actual: 3000
  • Gross Rent Multiplier Actual: 0.09
  • Gross Sched Income Actual: 38160
  • Number Of Buildings: 1
  • Number Of Units With Garage: 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: 1
  • Other Income Actual: 38160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2016
Closed on
Oct 27, 2016
Sold by
Merlos Ramon L and Merlos Diana A
Bought by
Celestino Peter and Celestino Carmen C
Seller's Agent
Kristina Watson
Century 21 1st Choice Realty
Buyer's Agent
Genina Padilla
Padilla Real Estate Services
List Price
$429,000
Sold Price
$390,000
Premium/Discount to List
-$39,000
-9.09%
Current Estimated Value
$765,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,645
Avg. Annual Appreciation
8.15%
Original Mortgage
$292,500
Outstanding Balance
$236,811
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$532,931

Purchase Details

Closed on
Mar 13, 1989
Bought by
Merlos Ramon L Diane A

Purchase Details

Closed on
Dec 21, 1984
Source: Public Records

Range of Values:

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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
Celestino Peter $390,000 Chicago Title Company
Merlos Ramon L Diane A $114,000 --
-- $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Celestino Peter $292,500
Previous Owner Merlos Ramon L $125,000
Previous Owner Merlos Ramon L $80,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2016 12/02/16 Sold $390,000 -9.1% $229 / Sq Ft
10/18/2016 10/18/16 Pending -- -- --
09/19/2016 09/19/16 For Sale $429,000 -- $252 / 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 $6,232 $452,620 $176,803 $275,817
2024 $6,232 $443,746 $173,337 $270,409
2023 $6,032 $435,046 $169,939 $265,107
2022 $5,925 $426,516 $166,607 $259,909
2021 $5,874 $418,154 $163,341 $254,813
2020 $5,635 $413,868 $161,667 $252,201
2019 $5,553 $405,754 $158,498 $247,256
2018 $5,375 $397,799 $155,391 $242,408
2017 $5,237 $390,000 $152,345 $237,655
2016 $2,726 $180,691 $70,583 $110,108
2015 $2,698 $177,978 $69,523 $108,455
2014 $2,657 $174,493 $68,162 $106,331
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kristina Watson

    Century 21 1st Choice Realty

  • Genina Padilla

    Buyer's Agent in 2016

    Genina Padilla

    Padilla Real Estate Services

    (619) 670-6000

    12 Total Sales

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Map

Source: San Diego MLS

MLS Number: 160051682

San Diego MLS

APN: 578-180-42

California San Diego County Spring Valley 91977

1141 Jamacha Ln Unit 43, Spring Valley, CA

This home is located at 1141 Jamacha Ln Unit 43, Spring Valley, CA 91977 since 19 September 2016 and is currently estimated at $798,163, approximately $469 per square foot. This property was built in 1972. 1141 Jamacha Ln Unit 43 is a home located in San Diego County with nearby schools including Science, Technology, Engineering, Arts, And Math Academy, Kempton Literacy Academy, and Mount Miguel High School.

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