NOT LISTED FOR SALE

1218 Helix St Spring Valley, CA 91977

Estimated Value: $806,818 - $907,000

6 Beds
3 Baths
-- Sq Ft
7,941 Sq Ft Lot

Last Sold January 24, 2017

Last sale price $455,000

Est. 89% increase in value since last sale

Current estimated payment $5,250/month

24 Days on Market

About This Home

As of January 2017

Perfect for owner user or investor. Unit are individually metered for all utilities INCLUDING WATER, lowering expenses for the owner with no house meter. Most units have their own washer/dryer hookups. All units have double pane windows. This parcel can be sold individually or as a portfolio with APN 548-172-32-00, 578-172-31-00, and 578-172-30-00. For the complete portfolio listing see MLS ID 160035577.

Last Agent to Sell the Property

Danielle Vera

Marcus & Millichap License #01297138 Listed on: 09/23/2016

Last Buyer's Agent

Amar Harrag

Allied Green Realty License #01712576

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,096

Year Built

  • Built in 1971

Lot Details

  • 7,941 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Community Details

  • 2 Units
  • Net Operating Income $27,412

Listing and Financial Details

  • Tenant pays for sewer, trash, water, cable TV, electricity, gas/propane
  • Assessor Parcel Number 578-172-33-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,096

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Helix and Jamacha
  • Neighborhood: Spring Valley
  • Stories: 1 Story
  • Sale Price List Price: 0.99
  • Total Stories: 1
  • Year Built: 1971
  • Allow Comments Review: No
  • 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

Condo/Co-op/Association

  • Community: SPRING VALLEY

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 578-172-33-00
  • Land Use Code: M2
  • Estimated Lot Sq Ft: 7941
  • Estimated Number of Acres: 0.18

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 27412
  • Annual Expense Actual: 8672
  • Gross Rent Multiplier Actual: 12.75
  • Gross Sched Income Actual: 36084
  • Number Of Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2016
Sold by
Simpson Kenny and Moore Krystle
Bought by
Srinivasan Arun
Current Estimated Value
$861,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,758
Interest Rate
4.08%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 22, 2014
Closed on
Dec 23, 2014
Sold by
Mission Holdings Inc
Bought by
Simpson Revocable Trust
Seller's Agent
Dave Rice
Valley View Properties
Buyer's Agent
Krystle Moore
Pacific Shore Capital
List Price
$429,000
Sold Price
$400,000
Premium/Discount to List
-$29,000
-6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%

Purchase Details

Closed on
Aug 6, 2004
Sold by
Smith Daniel R
Bought by
Four D Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 2, 2004
Sold by
Four D Corp
Bought by
Smith Daniel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 3, 1996
Sold by
Considine Timothy M and Thren Daniel F
Bought by
Allied Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
8.07%
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
Srinivasan Arun $455,000 Chicago Title Company Sd
Simpson Revocable Trust $1,500,000 Stewart Title Of Ca Inc
Four D Properties Inc -- --
Smith Daniel R -- --
Allied Properties Inc $85,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srinivasan Arun $429,000
Previous Owner Srinivasan Arun $446,758
Previous Owner Smith Daniel R $287,000
Previous Owner Smith Daniel R $105,000
Previous Owner Allied Properties Inc $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2017 01/24/17 Sold $455,000 -1.1% --
10/17/2016 10/17/16 Pending -- -- --
10/12/2016 10/12/16 Price Changed $460,000 +6.7% --
09/23/2016 09/23/16 For Sale $431,250 +7.8% --
12/29/2014 12/29/14 Sold $400,000 -6.8% $186 / Sq Ft
12/26/2014 12/26/14 Pending -- -- --
12/22/2014 12/22/14 For Sale $429,000 -- $200 / 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 $7,096 $528,058 $198,018 $330,040
2024 $7,096 $517,705 $194,136 $323,569
2023 $6,871 $507,555 $190,330 $317,225
2022 $6,755 $497,604 $186,599 $311,005
2021 $6,684 $487,848 $182,941 $304,907
2020 $6,409 $482,847 $181,066 $301,781
2019 $6,308 $473,380 $177,516 $295,864
2018 $6,115 $464,099 $174,036 $290,063
2017 $831 $414,220 $155,332 $258,888
2016 $5,285 $406,099 $152,287 $253,812
2015 $5,253 $400,000 $150,000 $250,000
2014 $2,603 $170,891 $47,423 $123,468
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Danielle Vera

    Marcus & Millichap

    (858) 735-6632

    24 Total Sales

    Danielle Vera
    Section Image
  • Amar Harrag

    Buyer's Agent in 2017

    Amar Harrag

    Allied Green Realty

    (619) 573-0289

    8 Total Sales

    Amar Harrag
    Section Image
  • Dave Rice

    Seller's Agent in 2014

    Dave Rice

    Valley View Properties

    (619) 889-7003

    4 in this area

    40 Total Sales

    Dave Rice
    Section Image
  • Krystle Moore

    Buyer's Agent in 2014

    Krystle Moore

    Pacific Shore Capital

    (858) 344-1146

    1 Total Sale

    Krystle Moore
    Section Image
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Map

Source: San Diego MLS

MLS Number: 160052455

San Diego MLS

APN: 578-172-33

California San Diego County Spring Valley 91977

1218 Helix St, Spring Valley, CA

This home is located at 1218 Helix St, Spring Valley, CA 91977 since 23 September 2016 and is currently estimated at $861,705. This property was built in 1971. 1218 Helix St is a home located in San Diego County with nearby schools including Science, Technology, Engineering, Arts, And Math Academy, Avondale Elementary School, and Mount Miguel High School.

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