NOT LISTED FOR SALE

Estimated Value: $479,978 - $633,000

3 Beds
1 Bath
1,876 Sq Ft
$305/Sq Ft Est. Value

Last Sold August 28, 2012

Last sale price $160,000 $85 Per Sq Ft

Est. 257% increase in value since last sale

Current estimated payment $3,329/month

513 Days on Market

Highlights

  • No HOA
  • Floor Furnace
  • Carpet
  • Laundry Room

About This Home

As of August 2012

Property needs substantial work.. .Will not qualify for loan...CASH ONLY!!!!!!!!!!!!

Last Agent to Sell the Property

Ernest Livingstone

LIVINGSTONE REALTY GROUP License #01270885 Listed on: 01/05/2011

Last Buyer's Agent

Allison West-Ferguson

RE/MAX ADVANTAGE License #01439577

RE/MAX ADVANTAGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,387

Year Built

  • Built in 1929

Lot Details

  • 4,356

Parking

  • 2 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Fixer Upper
  • Frame Construction
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,876 Sq Ft Home
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Additional Features

  • 4,356 Sq Ft Lot
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 24
  • Assessor Parcel Number 141191008

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $500
  • Insurance Expense $580
  • Trash Expense $700
  • Water Sewer Expense $800
  • New Taxes Expense $900
  • Gross Income $12,000
  • Net Operating Income $8,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,387

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 75000
  • View: No
  • Water Sewer Expenses: 800.00
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 141191008
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 85.29

Exterior Features

  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Common Area
  • Trash Expense: 700.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4356.00
  • Lot Size Acres: 0.1000

Multi Family

  • Electric Expense: 500.00
  • Gross Income: 12000.00
  • Gross Scheduled Income: 12000.00
  • Insurance Expense: 580.00
  • Lot Size Area: 4356.0000 Square Feet
  • Net Operating Income: 8120.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3880.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 900.00
  • Tax Area: 1
  • Tax Lot: 11
  • Tax Tract Number: 024
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2011
Closed on
Jul 12, 2012
Sold by
Lozano Freddy and Gannon Ashley
Bought by
Thomas Steven and Thomas Elizabeth
Seller's Agent
Ernest Livingstone
LIVINGSTONE REALTY GROUP
Buyer's Agent
Allison West-Ferguson
RE/MAX ADVANTAGE
List Price
$150,000
Sold Price
$160,000
Premium/Discount to List
$10,000
6.67%
Current Estimated Value
$571,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,745
Avg. Annual Appreciation
10.34%

Purchase Details

Closed on
Nov 17, 2009
Sold by
Thomas Elizabeth Ann
Bought by
Thomas Elizabeth Ann and Elizabeth Ann Thomas Revocable Living Tr

Purchase Details

Closed on
Apr 23, 2008
Sold by
San Diego Midtown Properties Llc
Bought by
Lozano Freddy and Gannon Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,422
Interest Rate
6.04%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 2, 2006
Sold by
Simmons Debra
Bought by
San Diego Midtown Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 22, 2002
Sold by
Simmons Jack E
Bought by
Simmons Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,915
Interest Rate
6.09%
Mortgage Type
Seller Take Back
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
Thomas Steven $160,000 Stewart Title Riverside
Thomas Elizabeth Ann -- None Available
Lozano Freddy $361,000 None Available
San Diego Midtown Properties Llc $340,000 Lawyers Title
Simmons Debra -- First American Title Co
Simmons Debra $125,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lozano Freddy $353,925
Previous Owner Lozano Freddy $355,422
Previous Owner San Diego Midtown Properties Llc $340,000
Previous Owner Simmons Debra $182,750
Previous Owner Simmons Debra $42,915
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2012 08/28/12 Sold $160,000 +6.7% $85 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
01/05/2011 01/05/11 For Sale $150,000 -- $80 / 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 $2,387 $195,781 $73,878 $121,903
2023 $2,387 $188,180 $71,010 $117,170
2022 $2,210 $184,491 $69,618 $114,873
2021 $2,184 $180,874 $68,253 $112,621
2020 $2,150 $179,021 $67,554 $111,467
2019 $2,122 $175,512 $66,230 $109,282
2018 $2,093 $172,072 $64,932 $107,140
2017 $2,055 $168,699 $63,659 $105,040
2016 $2,022 $165,392 $62,411 $102,981
2015 $1,992 $162,910 $61,475 $101,435
2014 $1,985 $159,721 $60,272 $99,449
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I12001845

California Regional Multiple Listing Service (CRMLS)

APN: 141-191-008