NOT LISTED FOR SALE

1229 S 38th St San Diego, CA 92113

Southcrest Neighborhood

Estimated Value: $706,000 - $856,329

2 Beds
1 Bath
1 Sq Ft
$799,332/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $633,000 $633,000 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,033/month

27 Days on Market

Highlights

  • Spa
  • No HOA
  • Fireplace
  • Private Yard
  • Hiking Trails
  • Cooling Available

About This Home

As of July 2021

3 great units that are perfect for a first time home buyer or an investor looking for instant rental income. All appliances convey. Each unit has their own private yard. Property has great views of Downtown San Diego and sits directly in front of ST. JUDES CHURCH. Information contained herein is deemed reliable but is not guaranteed.

Last Agent to Sell the Property

Elizabeth Leon

Finest City Homes License #02098039 Listed on: 05/08/2021

Co-Listed By

Jonathan Fisher

Real Broker License #02002627

Last Buyer's Agent

Rosa Karp

Leal Real Estate Group, Inc License #01896455

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,123

Year Built

  • Built in 1928

Lot Details

  • 4,851 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Private Yard

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Triplex

Interior Spaces

  • 1 Sq Ft Home
  • Fireplace
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Exterior Lighting

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 421/25-28
  • Tax Tract Number 403
  • Assessor Parcel Number 5504613300

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Recreation

  • Park
  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $70
  • Insurance Expense $430
  • Other Expense $476
  • Operating Expense $546
  • Gross Income $2,067
  • Net Operating Income $1,562

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,123

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • CapRate: 6.97
  • Property Attached: No
  • View: Yes
  • Zoning: R-2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5504613300
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Appliances: Yes

Exterior Features

  • Fence: Yes
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Biking, Hiking, Park

Lot Info

  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 4851.00
  • Lot Size Acres: 0.1114

Multi Family

  • Electric Expense: 70.00
  • Gross Income: 2067.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 430.00
  • Lot Size Area: 4851.0000 Square Feet
  • Net Operating Income: 1562.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Other Expense: 476.00
  • Rent Control: No
  • Total Expenses: 546.00

Tax Info

  • Tax Lot: 421/25-28
  • Tax Tract Number: 000403

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2021
Closed on
Jun 7, 2021
Sold by
Beltran Abel E and Montano Sandy Janeth
Bought by
Vasquez Luis Haro and Haro Diana
Seller's Agent
Elizabeth Leon
Finest City Homes
Buyer's Agent
Rosa Karp
Leal Real Estate Group, Inc
List Price
$620,000
Sold Price
$633,000
Premium/Discount to List
$13,000
2.1%
Current Estimated Value
$799,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,332
Avg. Annual Appreciation
4.29%
Original Mortgage
$621,534
Outstanding Balance
$565,167
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$186,707

Purchase Details

Closed on
Jul 22, 2019
Sold by
Beltran Abel E and Montano Sandy Janeth Partida
Bought by
Beltran Abel E and Montano Sandy Janeth Partida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2014
Closed on
Jul 31, 2014
Sold by
Lujan Jose Gabriel
Bought by
Beltran Abel E and Montano Sandy Janeth Partida
Seller's Agent
Gabe Lujan
Realty ONE Group Pacific
Buyer's Agent
Martha Castillo
United Real Estate San Diego
List Price
$337,500
Sold Price
$337,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$270,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2014
Closed on
May 27, 2014
Sold by
Carbajal George
Bought by
Lujan Jose Gabriel
Seller's Agent
Joseph Nichols
Berkshire Hathaway HomeService
Buyer's Agent
Joseph Nichols
Berkshire Hathaway HomeService
List Price
$220,000
Sold Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 2010
Sold by
Carbajal Jose Luis
Bought by
Carbajal Jose L
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
Vasquez Luis Haro $633,000 Ticor Title San Diego Branch
Beltran Abel E -- First American Title
Beltran Abel E $337,500 Chicago Title Company
Lujan Jose Gabriel $220,000 California Title Company
Carbajal Jose L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Luis Haro $621,534
Previous Owner Beltran Abel E $315,000
Previous Owner Beltran Abel E $270,000
Previous Owner Lujan Jose Gabriel $216,015
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Sold $633,000 +2.1% $633,000 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $620,000 +83.7% $620,000 / Sq Ft
08/26/2014 08/26/14 Sold $337,500 0.0% $236 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
07/12/2014 07/12/14 For Sale $337,500 +53.4% $236 / Sq Ft
06/05/2014 06/05/14 Sold $220,000 0.0% $154 / Sq Ft
04/27/2014 04/27/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $220,000 -- $154 / 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 $8,123 $671,744 $397,953 $273,791
2024 $8,123 $658,573 $390,150 $268,423
2023 $7,944 $645,660 $382,500 $263,160
2022 $7,733 $633,000 $375,000 $258,000
2021 $4,651 $374,728 $109,936 $264,792
2020 $4,595 $370,886 $108,809 $262,077
2019 $4,513 $363,615 $106,676 $256,939
2018 $4,220 $356,486 $104,585 $251,901
2017 $4,120 $349,497 $102,535 $246,962
2016 $4,054 $342,645 $100,525 $242,120
2015 $3,994 $337,500 $99,016 $238,484
2014 $348 $26,907 $7,894 $19,013
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Leon

    Seller's Agent in 2021

    Elizabeth Leon

    Finest City Homes

    (760) 681-9255

    1 in this area

    28 Total Sales

    Elizabeth Leon
    Section Image
  • Jonathan Fisher

    Seller Co-Listing Agent in 2021

    Jonathan Fisher

    Real Broker

    (619) 754-5179

    1 in this area

    177 Total Sales

    Jonathan Fisher
    Section Image
  • Rosa Karp

    Buyer's Agent in 2021

    Rosa Karp

    Leal Real Estate Group, Inc

    (619) 254-0334

    1 in this area

    38 Total Sales

    Rosa Karp
    Section Image

  • D

    Buyer's Agent in 2021

    D Catbagan

    Countryfield

  • G

    Seller's Agent in 2014

    Gabe Lujan

    Realty ONE Group Pacific

    (760) 677-6143

    Gabe Lujan
    Section Image
  • Joseph Nichols

    Seller's Agent in 2014

    Joseph Nichols

    Berkshire Hathaway HomeService

    (619) 200-8885

    38 Total Sales

    Joseph Nichols
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2103044

California Regional Multiple Listing Service (CRMLS)

APN: 550-461-33

California San Diego County San Diego 92113 Southcrest

1229 S 38th St, San Diego, CA

This home is located at 1229 S 38th St, San Diego, CA 92113 since 08 May 2021 and is currently estimated at $799,332, approximately $799,332 per square foot. This property was built in 1928. 1229 S 38th St is a home located in San Diego County with nearby schools including Chavez Elementary School, Knox Middle, and Lincoln High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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