NOT LISTED FOR SALE

Estimated Value: $929,000 - $1,114,000

2 Beds
2 Baths
-- Sq Ft
1,902 Sq Ft Lot

Last Sold October 25, 2021

Last sale price $775,000

Est. 28% increase in value since last sale

Current estimated payment $6,124/month

14 Days on Market

About This Home

As of October 2021

Great opportunity you don't want to miss!***Charming duplex in Golden Hill each with a large bedroom and full bath***Great natural light throughout each unit***Both units have a great kitchen with stainless steel appliances and cabinets for additional storage***Private patio, perfect for relaxing with your favorite beverage***R4 zoned for commercial development***Great location, just minutes to popular restaurants, shopping, parks, Downtown and close access to major freeways

Last Agent to Sell the Property

Sarah Carlson

Side, Inc. License #01947884 Listed on: 09/08/2021

Last Buyer's Agent

Kristine Kappel

Compass License #02138567

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,990

Year Built

  • Built in 1952

Lot Details

  • 1,902 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 534-252-01-00

Community Details

Overview

  • 2 Units
  • Golden Hill Community

Building Details

  • Net Operating Income $19,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,990

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: B Street
  • Neighborhood: Golden Hill
  • LP / Sq Ft: 22.6
  • Stories: 1 Story
  • Sale Price List Price: 1.03
  • Total Stories: 1
  • Year Built: 1952
  • 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: Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Cooling: Wall/Window

Condo/Co-op/Association

  • Complex Name: Golden Hill
  • Community: SAN DIEGO

Lot Info

  • Lot Size: 1-3,999 SF
  • Zoning: COMMERCIAL
  • Assessor Parcel Number: 534-252-01-00
  • Estimated Lot Sq Ft: 1902
  • Estimated Number of Acres: 0.04
  • Map Code Column: C
  • Map Code Page: 1289
  • Map Code Row: 3

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 19800
  • Annual Expense Projected: 14220
  • Gross Rent Multiplier Actual: 453.0
  • Gross Rent Multiplier Projected: 189.0
  • Gross Sched Income Actual: 19800
  • Gross Sched Income Projected: 47400
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 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
Sep 8, 2021
Closed on
Sep 30, 2021
Sold by
Dawson Emery E
Bought by
Balderelli Evan
Seller's Agent
Sarah Carlson
Side, Inc.
Buyer's Agent
Kristine Kappel
Compass
List Price
$749,999
Sold Price
$775,000
Premium/Discount to List
$25,001
3.33%
Current Estimated Value
$993,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,025
Avg. Annual Appreciation
4.48%
Original Mortgage
$650,250
Outstanding Balance
$595,535
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$323,538

Purchase Details

Listed on
Mar 10, 2015
Closed on
Mar 25, 2015
Sold by
Ion Home Solutions Inc
Bought by
Dawson Emery E
Seller's Agent
Bruce Levine
Bruce Levine Homes
Buyer's Agent
Gavin Grant
John Lemkau
List Price
$435,000
Sold Price
$435,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.28%
Original Mortgage
$424,297
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 8, 2014
Closed on
Aug 29, 2014
Sold by
Ct Dream Realty Llc
Bought by
Ion Home Solutions Inc
Seller's Agent
Rita
Mark H. Hannah
Buyer's Agent
Bob Rodrigues
Real Properties Group
List Price
$325,000
Sold Price
$1,000,000
Premium/Discount to List
$675,000
207.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-75.03%
Original Mortgage
$1,041,000
Interest Rate
4.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jul 8, 2014
Closed on
Aug 14, 2014
Sold by
Le Friant Mary E
Bought by
Ct Dream Realty Llc
Seller's Agent
Rita
Mark H. Hannah
Buyer's Agent
Bob Rodrigues
Real Properties Group
List Price
$325,000
Sold Price
$1,000,000
Premium/Discount to List
$675,000
207.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,041,000
Interest Rate
4.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 31, 2003
Sold by
Gagon Eleni
Bought by
Gagon Eleni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 1994
Sold by
Olson Ernest A
Bought by
Gagon Wolfgang and Gagon Eleni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.38%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Balderelli Evan $775,000 Ticor Title San Diego Branch
Dawson Emery E $435,000 Fidelity National Title
Ion Home Solutions Inc $1,225,000 Fidelity National Title
Ct Dream Realty Llc $1,000,000 Fidelity National Title
Gagon Eleni -- Commonwealth Land Title Co
Gagon Eleni -- Commonwealth Land Title Co
Gagon Wolfgang -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balderelli Evan $650,250
Previous Owner Dawson Emery E $559,440
Previous Owner Dawson Emery E $412,128
Previous Owner Dawson Emery B $418,815
Previous Owner Dawson Emery E $424,297
Previous Owner Ion Home Solutions Inc $1,041,000
Previous Owner Ion Home Solutions Inc $1,041,000
Previous Owner Gagon Eleni $100,000
Previous Owner Gagon Wolfgang $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Sold $775,000 +3.3% --
09/24/2021 09/24/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $749,999 +72.4% --
04/23/2015 04/23/15 Sold $435,000 0.0% $532 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $435,000 -56.5% $532 / Sq Ft
09/15/2014 09/15/14 Sold $1,000,000 +207.7% $1,326 / Sq Ft
07/10/2014 07/10/14 Pending -- -- --
07/07/2014 07/07/14 For Sale $325,000 -- $431 / 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 $9,990 $822,435 $636,724 $185,711
2024 $9,990 $806,310 $624,240 $182,070
2023 $9,766 $790,500 $612,000 $178,500
2022 $9,507 $775,000 $600,000 $175,000
2021 $5,942 $482,986 $260,923 $222,063
2020 $5,869 $478,035 $258,248 $219,787
2019 $5,764 $468,663 $253,185 $215,478
2018 $5,389 $459,474 $248,221 $211,253
2017 $80 $450,465 $243,354 $207,111
2016 $5,173 $441,633 $238,583 $203,050
2015 $3,768 $315,000 $185,000 $130,000
2014 -- $220,998 $138,626 $82,372
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210025509

San Diego MLS

APN: 534-252-01