NOT LISTED FOR SALE

1218 31st St Unit 22 San Diego, CA 92102

Golden Hill Neighborhood

Estimated Value: $1,235,000 - $1,604,608

7 Beds
4 Baths
2,900 Sq Ft
$512/Sq Ft Est. Value

Last Sold September 26, 2016

Last sale price $890,000 $307 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $9,178/month

23 Days on Market

About This Home

As of September 2016

Opportunity knocks with this great South Park Complex. The Quieter Home Program has just been completed on the three main units of this excellent income property adding even more value. With its great location to the local farmers market, Starbucks and more these units do not last long. That's not all, there is still potential galore for the savvy investor.

Last Agent to Sell the Property

Julie McAdam Farr

Initiative Real Estate Inc. License #01084307 Listed on: 08/19/2016

Last Buyer's Agent

Robert Vallera CCIM

Vallera Investment Properties License #00818308

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,520

Year Built

  • Built in 1904

Lot Details

  • 0.91

Home Design

  • Composition Roof

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • Property is Fully Fenced

Listing and Financial Details

  • Assessor Parcel Number 539-484-21-00

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • 1218 31St St. Community

Pet Policy

  • Breed Restrictions

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,520

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: A St.
  • Neighborhood: Golden Hill
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1904
  • 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

Utilities

  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: 1218 31st St.
  • Pets Allowed: Allowed w/Restrictions
  • Community: SAN DIEGO
  • Complex Features: Gated Community
  • Manager Name: People Helping Others

Lot Info

  • Lot Size: 1-3,999 SF
  • Zoning: R4
  • Assessor Parcel Number: 539-484-21-00
  • Land Use Code: R-4
  • Map Code Column: E
  • Map Code Page: 1289
  • Map Code Row: 2

Multi Family

  • No. of Units: 4
  • Gross Sched Income Actual: 63240
  • Gross Sched Income Projected: 69600
  • Number Of Buildings: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2016
Closed on
Sep 8, 2016
Sold by
Magee Reginald J
Bought by
Wsc Investment Partners Llc
Seller's Agent
Julie McAdam Farr
Initiative Real Estate Inc.
Buyer's Agent
Robert Vallera CCIM
Vallera Investment Properties
List Price
$890,000
Sold Price
$890,000
Current Estimated Value
$1,485,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$595,902
Avg. Annual Appreciation
5.96%

Purchase Details

Closed on
Jul 29, 1996
Sold by
Emc Mortgage Corp
Bought by
Magee Reginald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
8.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 1994
Sold by
Richardson Delroy M and Richardson Greta M
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Feb 1, 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
Wsc Investment Partners Llc $890,000 Chicago Title Co
Magee Reginald J $130,000 Chicago Title Co
Emc Mtg Corp $117,000 Chicago Title Co
-- $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magee Reginald J $21,635
Previous Owner Magee Reginald J $435,000
Previous Owner Magee Reginald J $100,000
Previous Owner Magee Reginald J $288,133
Previous Owner Magee Reginald J $253,542
Previous Owner Magee Reginald J $191,250
Previous Owner Magee Reginald J $167,249
Previous Owner Magee Reginald J $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2016 09/26/16 Sold $890,000 0.0% $307 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $890,000 -- $307 / 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 $12,520 $1,032,914 $715,126 $317,788
2024 $12,520 $1,012,661 $701,104 $311,557
2023 $12,240 $992,806 $687,357 $305,449
2022 $11,915 $973,340 $673,880 $299,460
2021 $11,831 $954,256 $660,667 $293,589
2020 $11,687 $944,472 $653,893 $290,579
2019 $11,479 $925,954 $641,072 $284,882
2018 $10,733 $907,799 $628,502 $279,297
2017 $10,478 $890,000 $616,179 $273,821
2016 $2,164 $178,841 $123,818 $55,023
2015 $2,132 $176,156 $121,959 $54,197
2014 $2,100 $172,706 $119,570 $53,136
Source: Public Records

Agents Affiliated with this Home

  • Julie McAdam Farr

    Seller's Agent in 2016

    Julie McAdam Farr

    Initiative Real Estate Inc.

    (619) 203-8299

    1 in this area

    42 Total Sales

    Section Image

  • R

    Buyer's Agent in 2016

    Robert Vallera CCIM

    Vallera Investment Properties

    Section Image
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Map

Source: San Diego MLS

MLS Number: 160046214

San Diego MLS

APN: 539-484-21

California San Diego County San Diego 92102 Golden Hill

1218 31st St Unit 22, San Diego, CA

This home is located at 1218 31st St Unit 22, San Diego, CA 92102 since 19 August 2016 and is currently estimated at $1,485,902, approximately $512 per square foot. This property was built in 1904. 1218 31st St Unit 22 is a home located in San Diego County with nearby schools including Golden Hill Elementary School, Roosevelt International Middle School, and Albert Einstein Academy.

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