NOT LISTED FOR SALE

Estimated Value: $669,000 - $794,000

2 Beds
2 Baths
1,044 Sq Ft
$721/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $710,000 $680 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,762/month

5 Days on Market

Highlights

  • 1-Story Property
  • Laundry Facilities
  • Level Lot
  • El Capitan High School Rated A-
  • Gated Home
  • Wood Siding

About This Home

As of April 2022

Nicely upgraded low maintenance duplex with great upside potential in Lakeside. Each unit has separately fenced private yard. Laundry on site (shared). Up to 6 cars parking each unit (2 spaces each gated/concrete, 4 spaces each gravel). Metal garage with new concrete pad newly installed in 2021. All Electrical and plumbing replaced in 2018-2019, Rebuilt laundry room with new roofing, new gutter system, all new Drainage in hardscape/ turf and gravel. Unit 12456 completely remodeled with all new framing, drywall, appliances and fixtures. Unit 12454 partially remodeled with new appliances/fixtures and electrical/plumbing. Both units have New energy efficient heat pump mini splits. Dual-pane windows. 2 new water heaters installed in 2019. New washing machines installed 2019. All new concrete under patios and behind gate. New fencing and gates dividing the two back yards. Low maintenance landscaping. Large metal storage unit with electrical and sub panel sitting on new concrete pad.

Last Agent to Sell the Property

David George

First Wave Properties License #01725659 Listed on: 03/21/2022

Last Buyer's Agent

Amy Wilson

Kate L. Parberry License #01451903

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,015

Year Built

  • 1953

Lot Details

  • 7,507 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced
  • Level Lot

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property

Utilities

  • Heating Available
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 394-151-15-00

Community Details

Overview

  • 2 Units
  • Lakeside Community

Additional Features

  • Laundry Facilities
  • Net Operating Income $35,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,015

Year Built

1953

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: East County
  • Cross Street: Cactus St
  • Neighborhood: Lakeside
  • Stories: 1 Story
  • Sale Price List Price: 1.09
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1953

Exterior Features

  • Exterior Material: Block, Wood
  • Fencing: Full, Gate
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Complex Name: Lakeside
  • Community: LAKESIDE
  • Complex Features: Laundry Facilities
  • Manager Name: Owner
  • Manager Phone: 6198490170

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Alley Access
  • Topography: Level
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 394-151-15-00
  • Estimated Lot Sq Ft: 7507

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 35900
  • Annual Expense Actual: 1900
  • Gross Rent Multiplier Actual: 17.2
  • Gross Rent Multiplier Projected: 14.6
  • Gross Sched Income Actual: 37800
  • Gross Sched Income Projected: 44400
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2016
Sold by
Baker Jesse M
Bought by
Schoonmaker Schuyler
Current Estimated Value
$717,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2014
Sold by
Baker Kelly
Bought by
Baker Jesse M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,196
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 2013
Sold by
Lewallen Properties Llc
Bought by
Baker Jesse M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,196
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 2011
Sold by
Lewallen Robert B and Lewallen Deborah S
Bought by
Lewallen William E and Lewallen Diana A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
4.54%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 24, 2010
Sold by
Skandunas Esther V
Bought by
Skandunas Vince J

Purchase Details

Closed on
Aug 6, 2010
Sold by
Skandunas Vince J
Bought by
Lewallen Robert B and Lewallen Deborah S

Purchase Details

Closed on
Oct 26, 2004
Sold by
Skandunas Vince J and Skandunas Maritza V
Bought by
Skandunas Vince J

Purchase Details

Closed on
Mar 11, 2003
Sold by
Saylors Winford C
Bought by
Skandunas Vince J and Skandunas Vince J

Purchase Details

Closed on
Sep 30, 1998
Sold by
Saylors Laurie J
Bought by
Saylors Winford C

Purchase Details

Closed on
Feb 28, 1997
Sold by
Shaffman Mary J
Bought by
Saylors Winford C and Saylors Laurie J
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
Schoonmaker Schuyler $300,000 Title 365
Baker Jesse M -- California Title Company
Baker Jesse M $210,000 California Title Company
Lewallen Properties Llc -- California Title Company
Lewallen William E -- None Available
Skandunas Vince J -- Ticor Title Company
Lewallen Robert B $120,000 Ticor Title Company
Skandunas Vince J -- Chicago Title Co
Skandunas Vince J $220,000 California Title Company
Saylors Winford C -- --
Saylors Winford C $89,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schoonmaker Schuyler $315,000
Closed Schoonmaker Schuyler $270,000
Previous Owner Baker Jesse M $35,000
Previous Owner Baker Jesse M $206,196
Previous Owner Lewallen William E $520,000
Previous Owner Skandunas Vince J $308,000
Previous Owner Skandunas Vince J $202,000
Previous Owner Skandunas Vince J $202,500
Previous Owner Saylors Winford C $66,700
Closed Skandunas Vince J $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $710,000 +9.4% $680 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $649,000 -- $622 / 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 $10,015 $753,455 $301,378 $452,077
2024 $10,015 $738,682 $295,469 $443,213
2023 $9,646 $724,199 $289,676 $434,523
2022 $5,025 $334,651 $133,859 $200,792
2021 $4,970 $328,090 $131,235 $196,855
2020 $4,860 $324,727 $129,890 $194,837
2019 $4,771 $318,361 $127,344 $191,017
2018 $4,643 $312,120 $124,848 $187,272
2017 $820 $306,000 $122,400 $183,600
2016 $3,376 $217,461 $126,852 $90,609
2015 $3,347 $214,195 $124,947 $89,248
2014 $2,225 $125,414 $73,158 $52,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220006456

San Diego MLS

APN: 394-151-15