NOT LISTED FOR SALE

Estimated Value: $1,686,000 - $1,899,000

4 Beds
4 Baths
2,500 Sq Ft
$719/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $1,825,000 $730 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $11,095/month

32 Days on Market

Highlights

  • RV Access or Parking
  • Fireplace
  • Level Lot
  • Corner Lot

About This Home

As of May 2024

Historic Duplex on corner lot in South Park. This property blends historic charm with all the modern amenities and details South Park & Golden Hill is known for. Completely transformed with a fresh modern style, each unit consists of 2 Beds and 2 Baths and features a separate entrance for each unit. The new kitchens features custom-made French Oak cabinets, wide plank flooring, high-end appliances. The bathrooms have massive floor-to-ceiling tiled showers and gorgeous stone countertops. The upstairs opens to a large space with lots natural light and an outdoor deck with views. The new primary bedroom upstairs has three closets and a large en-suite bathroom with walk-in shower. In addition, the downstairs unit has a bonus room with wrap around windows and plenty of outdoor space. Plus, the massive basement can be used as a wine cellar, large storage area, or possibly a third unit. This property is a historic home and is pending approval for the Mill’s Act which will allow your property taxes to be up significantly lower. A rare home that is conveniently located near everything in South Park & Golden Hill.

Last Agent to Sell the Property

Seth Struiksma

Compass License #01868552 Listed on: 03/14/2024

Compass

Co-Listed By

Esteban Valenzuela

Real Broker License #02075708

Last Buyer's Agent

Jenn Edwards

Real Broker License #02192589

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,756

Year Built

  • Built in 1912

Lot Details

  • 3,378 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • RV Access or Parking

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Wired For Data
  • Fireplace

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 539-460-05-00

Community Details

Overview

  • 2 Units
  • Historic Golden Hill Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $138,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,756

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: Granada Ave & A St
  • Neighborhood: South Park
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1912
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco, Wood/Stucco
  • Roof: Composition

Garage/Parking

  • Parking for RV: On-Site Parking, Potential Space

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Electric, Gas
  • Telecommunications: Cable (coaxial), Wired High Speed Internet
  • Heat Equipment: Forced Air Unit, Fireplace

Condo/Co-op/Association

  • Complex Name: Historic Golden Hill
  • Pets Allowed: Yes
  • Manager Name: Struiksma Inc
  • Manager Phone: 714-448-4699

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Corner Lot, Public Street, Rear Yd Str Access, Sidewalks, Street Paved
  • Topography: Level, Slope Gentle
  • Water District: CITY OF SAN DIEGO
  • Zoning: R-3:RESTRI
  • Assessor Parcel Number: 539-460-05-00
  • Estimated Lot Sq Ft: 3378
  • Estimated Number of Acres: 0.08
  • Map Code Column: E
  • Map Code Page: 1289
  • Map Code Row: 2

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 138000
  • Gross Rent Multiplier Actual: 14.5
  • Gross Sched Income Actual: 138000
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
May 24, 2024
Sold by
Struiksma Seth
Bought by
Scholtes William and Scholtes Diana
Seller's Agent
Seth Struiksma
Compass
Buyer's Agent
Jenn Edwards
Real Broker
List Price
$1,899,000
Sold Price
$1,825,000
Premium/Discount to List
-$74,000
-3.9%
Views
208
Current Estimated Value
$1,798,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,394
Avg. Annual Appreciation
-1.14%

Purchase Details

Closed on
Aug 2, 2023
Sold by
Morones Survivors Trust and Morones Pete A
Bought by
Struiksma Seth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,397,500
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2014
Sold by
Morones Laura Careaga
Bought by
Morones Laura Careaga

Purchase Details

Closed on
Dec 16, 1999
Sold by
Morones Luis C and Morones Laura C
Bought by
Morones Luis and Demorones Laura Careaga
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
Scholtes William $1,825,000 First American Title
Struiksma Seth $1,275,000 California Title Company
Struiksma Seth $1,275,000 California Title Company
Morones Laura Careaga -- None Available
Morones Luis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Struiksma Seth $1,397,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $1,825,000 -3.7% $730 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/04/2024 04/04/24 Price Changed $1,895,000 -0.2% $758 / Sq Ft
03/14/2024 03/14/24 For Sale $1,899,000 -- $760 / 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 $15,756 $1,861,500 $1,377,000 $484,500
2024 $15,756 $1,275,000 $1,000,000 $275,000
2023 $15,624 $1,275,000 $1,000,000 $275,000
2022 $747 $61,112 $24,134 $36,978
2021 $738 $59,914 $23,661 $36,253
2020 $727 $59,301 $23,419 $35,882
2019 $714 $58,139 $22,960 $35,179
2018 $669 $57,000 $22,510 $34,490
2017 $80 $55,883 $22,069 $33,814
2016 $638 $54,788 $21,637 $33,151
2015 $627 $53,966 $21,312 $32,654
2014 $617 $52,910 $20,895 $32,015
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240005555

San Diego MLS

APN: 539-460-05