NOT LISTED FOR SALE

Estimated Value: $1,235,000 - $1,389,000

4 Beds
2 Baths
1,536 Sq Ft
$857/Sq Ft Est. Value

Last Sold March 25, 2015

Last sale price $607,500 $396 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $7,587/month

201 Days on Market

Highlights

  • Partially Fenced Property
  • Level Lot
  • 1-Story Property

About This Home

As of March 2015

Seller will entertain offers between $575,000 - $615,000. Come see this great, Spanish Style 2-unit investment property in Golden Hill. This property is the perfect opportunity for a savvy investor. Each unit features an open concept living room, kitchen, and dining area. Both units feature hardwood floors throughout, independent front porch areas, and separate back yards. As a bonus, there is a detached granny flat at the rear of the property with a nice studio setup perfect for a little extra income. Great location with easy access to balboa park and downtown. Owner just received notice that power lines will be relocated underground in the near future.

Last Agent to Sell the Property

Brad Bourda

Coldwell Banker Realty License #01235370 Listed on: 09/05/2014

Coldwell Banker Realty

Last Buyer's Agent

Thomas Winters

10G Realty License #01815436

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,738

Year Built

  • Built in 1927

Lot Details

  • 5,001 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Rolled or Hot Mop Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 534-152-02-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $28,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,738

Year Built

Built in 1927

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
  • Supplement: Great location with easy access to balboa park and downtown. Owner just received notice that power lines will be relocated underground in the near future.
  • Stories: 1 Story
  • Sale Price List Price: 0.99
  • Total Stories: 1
  • Year Built: 1927
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Rolled/Hot Mop

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: x
  • Community: SAN DIEGO

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Curbs, Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 534-152-02-00
  • Land Use Code: R4
  • Estimated Lot Sq Ft: 5001
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Map Code Column: D
  • Map Code Page: 1289
  • Map Code Row: 2

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 28250
  • Annual Expense Actual: 9850
  • Gross Rent Multiplier Actual: 16.4
  • Gross Rent Multiplier Projected: 15.1
  • Gross Sched Income Actual: 38100
  • Gross Sched Income Projected: 41400
  • Number Of Buildings: 2
  • Number Of Units With Fireplaces: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 3
  • Other Income Actual: 9000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2017
Sold by
Winters Douglas M and Winters Susannah J
Bought by
Crosby Dane Phillip and Crosby Sandra Marie
Current Estimated Value
$1,211,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$711,868
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 5, 2014
Closed on
Mar 16, 2015
Sold by
Rojas Oscar G
Bought by
Winters Douglas M and Winters Susannah J
Seller's Agent
Brad Bourda
Coldwell Banker Realty
Buyer's Agent
Thomas Winters
10G Realty
List Price
$625,000
Sold Price
$607,500
Premium/Discount to List
-$17,500
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%
Original Mortgage
$596,496
Interest Rate
3.65%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 2012
Sold by
Flores Jose M
Bought by
Rojas Oscar G

Purchase Details

Closed on
Apr 24, 2012
Sold by
Rojas Oscar G
Bought by
Flores Jose M

Purchase Details

Closed on
Nov 23, 2011
Sold by
Rosas Oscar G
Bought by
Wdgafs Llc

Purchase Details

Closed on
Nov 22, 2011
Sold by
Wdgafs Llc
Bought by
Oscar G Rojas Trust

Purchase Details

Closed on
Apr 28, 2006
Sold by
Rojas Oscar G
Bought by
Rojas Oscar G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
6.18%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 17, 2006
Sold by
Park Sean M and Park Michelle Kaber
Bought by
Rojas Oscar G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
6.18%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 2, 2003
Sold by
Park Sean and Park Michelle
Bought by
Park Sean and Park Michelle

Purchase Details

Closed on
Nov 26, 2001
Sold by
Mayne Kathleen M
Bought by
Park Sean M and Park Michelle Kaber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,200
Interest Rate
7.01%

Purchase Details

Closed on
Oct 18, 1999
Sold by
Westberg Richard J
Bought by
Dark Kimberly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,900
Interest Rate
7.82%

Purchase Details

Closed on
Oct 13, 1999
Sold by
Pearson Valore R
Bought by
Dark Kimberly S and Mayne Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,900
Interest Rate
7.82%

Purchase Details

Closed on
Dec 11, 1992

Purchase Details

Closed on
Oct 21, 1988

Purchase Details

Closed on
Jul 23, 1985
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Crosby Dane Phillip $725,000 Corinthian Title Company Inc
Winters Douglas M $607,500 First American Title
Rojas Oscar G -- None Available
Flores Jose M -- None Available
Wdgafs Llc $18,000 None Available
Oscar G Rojas Trust -- None Available
Rojas Oscar G -- None Available
Rojas Oscar G $580,000 Stewart Title Of California
Park Sean -- --
Park Sean M $288,000 California Title Company
Dark Kimberly S -- Benefit Land Title Company
Dark Kimberly S $186,500 Benefit Land Title Company
-- $115,500 --
-- $122,300 --
-- $71,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crosby Dane Philip $682,000
Closed Crosby Dane Phillip $707,600
Closed Crosby Dane Phillip $711,868
Previous Owner Winters Douglas M $596,496
Previous Owner Rojas Oscar G $435,000
Previous Owner Park Sean M $300,000
Previous Owner Park Sean M $259,200
Previous Owner Dark Kimberly S $176,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2015 03/25/15 Sold $607,500 -2.8% $396 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
09/05/2014 09/05/14 For Sale $625,000 -- $407 / 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 $10,738 $891,210 $696,348 $194,862
2024 $10,738 $873,737 $682,695 $191,042
2023 $10,495 $856,606 $669,309 $187,297
2022 $10,215 $839,811 $656,186 $183,625
2021 $10,058 $816,656 $643,320 $173,336
2020 $9,825 $799,375 $636,724 $162,651
2019 $9,282 $754,290 $624,240 $130,050
2018 $8,678 $739,500 $612,000 $127,500
2017 $7,348 $629,099 $434,933 $194,166
2016 $7,229 $616,764 $426,405 $190,359
2015 $4,671 $391,912 $276,952 $114,960
2014 $4,599 $384,236 $271,527 $112,709
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 140048972

San Diego MLS

APN: 534-152-02