NOT LISTED FOR SALE

1279 Melrose Ave Chula Vista, CA 91911

Castle Park Neighborhood

Estimated Value: $810,000 - $949,115

5 Beds
3 Baths
2,000 Sq Ft
$433/Sq Ft Est. Value

Sale Details

Date Sold: October 24, 2022

Last sale price $870,000 $435 Per Sq Ft

Current estimated payment $5,551 / mo

52 Days on Market

Highlights

  • Gated Parking
  • 1-Story Property
  • Gated Home
  • Covered RV Parking
  • Attic Fan
  • Level Lot

About This Home

As of October 2022

Stunning, Beautifully renovated Home

Last Agent to Sell the Property

LOUIS GURULE

Houserebate.com License #01387493 Listed on: 08/09/2022

Last Buyer's Agent

Frederic Furlan

Coldwell Banker West License #01989000

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Year Built

  • 1960

Lot Details

  • 7,000 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System

Home Design

  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Attic Fan

Parking

  • Gated Parking
  • Covered RV Parking

Utilities

  • Heating System Uses Natural Gas
  • Gravity Heating System
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 620-210-06-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

1960

Lot Details

7,000 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Market Area: South Bay
  • Cross Street: PALOMAR ST
  • Neighborhood: WEST CHULA VISTA
  • Stories: 1 Story
  • Sale Price List Price: 0.99
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full, Gate

Garage/Parking

  • Parking for RV: Covered, Gated

Utilities

  • Cooling: Attic Fan
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Electric, Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: CHULA VISTA

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Site: Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Zoning: R-1
  • Assessor Parcel Number: 620-210-06-00
  • Estimated Lot Dimensions: 60X114
  • Estimated Lot Sq Ft: 7000

Multi Family

  • No. of Units: 2
  • Gross Rent Multiplier Projected: 13.78
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2022
Closed on
Oct 6, 2022
Sold by
Bought by
Seller's Agent
LOUIS GURULE
Houserebate.com
Buyer's Agent
Frederic Furlan
Coldwell Banker West
List Price
$910,000
Sold Price
$870,000
Premium/Discount to List
-$40,000
-4.4%
Current Estimated Value
$866,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,721
Avg. Annual Appreciation
-0.12%
Original Mortgage
$646,000
Outstanding Balance
$614,644
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$251,635

Purchase Details

Listed on
Aug 9, 2022
Closed on
Aug 26, 2022
Sold by
Bought by
Seller's Agent
LOUIS GURULE
Houserebate.com
Buyer's Agent
Frederic Furlan
Coldwell Banker West
List Price
$910,000
Sold Price
$870,000
Premium/Discount to List
-$40,000
-4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$646,000
Outstanding Balance
$614,644
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$251,635

Purchase Details

Listed on
Mar 17, 2022
Closed on
Apr 19, 2022
Sold by
Bought by
Seller's Agent
Bruce Rae
SoCal Properties Inc
Buyer's Agent
LOUIS GURULE
Houserebate.com
List Price
$690,000
Sold Price
$705,000
Premium/Discount to List
$15,000
2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.04%
Original Mortgage
$300,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2015
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Wfg Title Company
$870,000 Wfg Title Company
$705,000 Wfg Title Insurance
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $646,000
Previous Owner $646,000
Previous Owner $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/24/2022 10/24/22 Sold $870,000 -1.0% $435 / Sq Ft
09/23/2022 09/23/22 Price Changed $879,000 -1.8% $440 / Sq Ft
09/13/2022 09/13/22 Price Changed $895,000 -0.4% $448 / Sq Ft
08/11/2022 08/11/22 Price Changed $899,000 -1.2% $450 / Sq Ft
08/09/2022 08/09/22 For Sale $910,000 +29.1% $455 / Sq Ft
04/22/2022 04/22/22 Sold $705,000 +2.2% $678 / Sq Ft View Prior Sale
04/08/2022 04/08/22 Pending -- -- --
03/30/2022 03/30/22 Price Changed $690,000 0.0% $663 / Sq Ft
03/30/2022 03/30/22 For Sale $690,000 -2.3% $663 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
03/24/2022 03/24/22 Price Changed $706,000 +7.0% $679 / Sq Ft
03/17/2022 03/17/22 Price Changed $660,000 -99.9% $635 / Sq Ft
03/17/2022 03/17/22 For Sale $660,000,000 -- $634,615 / Sq Ft
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,785 $905,148 $624,240 $280,908
2024 $10,406 $887,400 $612,000 $275,400
2023 $10,266 $870,000 $600,000 $270,000
2022 $701 $57,420 $16,300 $41,120
2021 $604 $56,295 $15,981 $40,314
2020 $590 $55,719 $15,818 $39,901
2019 $574 $54,627 $15,508 $39,119
2018 $563 $53,556 $15,204 $38,352
2017 $550 $52,506 $14,906 $37,600
2016 $534 $51,477 $14,614 $36,863
2015 $526 $50,705 $14,395 $36,310
2014 $517 $49,713 $14,114 $35,599
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    LOUIS GURULE

    Houserebate.com

    (619) 922-4678

    2 in this area

    13 Total Sales

    LOUIS GURULE
    Section Image
  • Bruce Rae

    Seller's Agent in 2022

    Bruce Rae

    SoCal Properties Inc

    (619) 507-2718

    1 in this area

    7 Total Sales

    Bruce Rae
    Section Image
  • Frederic Furlan

    Buyer's Agent in 2022

    Frederic Furlan

    Coldwell Banker West

    (619) 548-7533

    1 in this area

    38 Total Sales

    Frederic Furlan
    Section Image
  • Judson Gregory

    Buyer's Agent in 2022

    Judson Gregory

    Compass

    (415) 722-5515

    1 in this area

    126 Total Sales

    Judson Gregory
    Section Image
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Map

Source: San Diego MLS

MLS Number: 220020674

San Diego MLS

APN: 620-210-06

California San Diego County Chula Vista 91911 Castle Park

1279 Melrose Ave, Chula Vista, CA

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