NOT LISTED FOR SALE

Estimated Value: $1,121,657 - $1,512,000

4 Beds
3 Baths
1,519 Sq Ft
$831/Sq Ft Est. Value

Last Sold November 16, 2016

Last sale price $659,000 $434 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $7,069/month

9 Days on Market

About This Home

As of November 2016

Historic duplex in Golden Hills! Close to downtown & just a few blocks to Balboa Park, Farmer’s Market, South Park & more. Both units have been recently remodeled & very well maintained. Newer flooring throughout. Unit 1215 is 3 bed/1.5 bath, 1377est. Sqft. & features an optional bedroom/den off kitchen. Unit 1217 is a cozy 1 bed/1 bath, 705est. Sqft. w/ fireplace. Both units share a large backyard w/ laundry facilities, adorable front porch & spacious entertaining patio out back. Large private driveway Golden opportunity for this charming duplex in Golden Hills! One unit with 3 bedrooms, 1.5 baths plus optional bedroom/den at 1377 est. sq. ft. Second unit is a 1 bedroom, 1 bath, 705 est. sq. ft with beautiful fireplace. Both units have been nicely maintained and recently upgraded to include newer flooring, French doors and a private patio to step out into your backyard and enjoy the downtown lifestyle! The large, shared backyard features a cottage storage shed and additional shed with shared laundry facilities. Long driveway with additional street parking. Cute front porch and large rear entertaining patio for everyone's enjoyment. This historic home is fully fenced including a picturesque white picket fence in the front. Perfect property for investors, but this would also provide a great opportunity to live in one unit and rent out the other.*** A GOLDEN opportunity in a GOLDEN area! *** Buyer & Buyer’s agent to verify all in MLS prior to COE. Neighborhoods: Golden Hill Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 1215 Unit # for Unit 2: 1217 Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Nadia Colucci

North Compass Realty License #01333604 Listed on: 09/09/2016

North Compass Realty

Co-Listed By

Anne Benitez

North Compass Realty License #01433902

Last Buyer's Agent

Tara Steinke

Tara T. Steinke License #01426882

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,211

Year Built

  • Built in 1915

Lot Details

  • 4,948

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Combination Of Heating Systems
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • 4,948 Sq Ft Lot

Community Details

  • 2 Units
  • Net Operating Income $33,180

Listing and Financial Details

  • Assessor Parcel Number 5394843400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,211

Year Built

Built in 1915

Lot Details

0

Listing Details

  • CapRate: 55.00
  • Subdivision Name Other: San Diego
  • View: No
  • Zoning: 2 Unit
  • Property Type: Residential Income
  • Parcel Number: 5394843400
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Appliances: Yes
  • Levels: Two

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

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

Lot Info

  • Lot Size Sq Ft: 4948.00
  • Lot Size Acres: 0.1100

Multi Family

  • Gross Scheduled Income: 36000.00
  • Lot Size Area: 4948.0000 Square Feet
  • Net Operating Income: 33180.00
  • Number Of Units Total: 2
  • Number With Dishwasher: 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
Sep 9, 2016
Closed on
Sep 21, 2016
Sold by
Springborn Jeffrey and Springborn Kristin
Bought by
Nakaue Yasuko
Seller's Agent
Nadia Colucci
North Compass Realty
Buyer's Agent
Tara Steinke
Tara T. Steinke
List Price
$659,000
Sold Price
$659,000
Current Estimated Value
$1,150,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,871
Avg. Annual Appreciation
6.20%
Original Mortgage
$527,200
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2006
Sold by
Murphy Stephen M and Murphy Dawn M
Bought by
Springborn Jeffrey and Springborn Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2003
Sold by
Murphy Dawn M and Murphy Stephen M
Bought by
Murphy Stephen M and Murphy Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
5.97%

Purchase Details

Closed on
Sep 26, 2002
Sold by
Murphy Dawn M and Keiling Dawn M
Bought by
Murphy Dawn M and Murphy Stephen M

Purchase Details

Closed on
May 6, 2002
Sold by
Burger Andrew J and Burger Deborah Giles
Bought by
Keiling Dawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,600
Interest Rate
6.89%

Purchase Details

Closed on
Dec 20, 2001
Sold by
Walton Betty Jean
Bought by
Walton Robert C

Purchase Details

Closed on
Oct 19, 2001
Sold by
Walton Robert C
Bought by
Burger Andrew J and Giles Burger Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.37%

Purchase Details

Closed on
Mar 28, 1984
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
Nakaue Yasuko $659,000 Fidelity Natl Title Co Sd
Springborn Jeffrey $590,000 New Century Title Company
Murphy Stephen M -- United Title Company
Murphy Dawn M -- --
Keiling Dawn M $294,000 Chicago Title Co
Walton Robert C -- Chicago Title Co
Burger Andrew J $150,000 Chicago Title Co
-- $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nakaue Yasuko $500,000
Previous Owner Nakaue Yasuko $527,200
Previous Owner Springborn Jeffrey $491,000
Previous Owner Springborn Jeffrey $478,500
Previous Owner Springborn Jeffrey $472,000
Previous Owner Murphy Stephen M $134,000
Previous Owner Murphy Stephen M $350,000
Previous Owner Murphy Stephen M $315,000
Previous Owner Murphy Stephen M $273,000
Previous Owner Keiling Dawn M $264,600
Previous Owner Burger Andrew J $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2016 11/16/16 Sold $659,000 0.0% $434 / Sq Ft
09/18/2016 09/18/16 Pending -- -- --
09/09/2016 09/09/16 For Sale $659,000 -- $434 / 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 $9,211 $764,818 $406,201 $358,617
2024 $9,211 $749,823 $398,237 $351,586
2023 $9,002 $735,122 $390,429 $344,693
2022 $8,761 $720,709 $382,774 $337,935
2021 $8,698 $706,578 $375,269 $331,309
2020 $8,590 $699,334 $371,422 $327,912
2019 $8,436 $685,623 $364,140 $321,483
2018 $7,887 $672,180 $357,000 $315,180
2017 $7,780 $659,000 $350,000 $309,000
2016 $5,471 $460,000 $273,000 $187,000
2015 $5,001 $420,000 $250,000 $170,000
2014 $5,020 $420,000 $250,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160050045

California Regional Multiple Listing Service (CRMLS)

APN: 539-484-34