NOT LISTED FOR SALE

Estimated Value: $965,000 - $1,127,000

4 Beds
2 Baths
1,728 Sq Ft
$603/Sq Ft Est. Value

Last Sold February 29, 2016

Last sale price $654,000 $378 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,436/month

24 Days on Market

Highlights

  • Fireplace in Bathroom
  • No HOA
  • Bungalow
  • Garvey (Richard) Intermediate School Rated A-
  • Laundry Room
  • 4-minute walk to Marshall Park

About This Home

As of February 2016

Great location for a traditional investment. Close to freeway and other major connectors, this property consists of two units on a good sized property with outdoor area for each unit. Front unit has been nicely refurbished with fresh paint, updated kitchen, wall furnace, newer windows. Rear unit is same sized and would benefit from similiar upgrades. Units are attached by a three car garage, self contained and separately metered. There is additional parking on site and in the street. Good value!

Last Agent to Sell the Property

Pam Kennedy

Compass License #00871164 Listed on: 10/18/2015

Compass

Co-Listed By

Christine Kennedy

Compass License #01761323

Last Buyer's Agent

Gloria Chu

IRN REALTY License #01780122

IRN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,890

Year Built

  • Built in 1963

Lot Details

  • 6,496 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Chain Link Fence
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Bungalow
  • Entry on the 1st floor

Interior Spaces

  • 1,728 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Built-In Range
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Fireplace in Bathroom

Outdoor Features

  • Outdoor Fireplace

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 20
  • Tax Tract Number 6824
  • Assessor Parcel Number 5360037024

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $8,112
  • Gross Income $2,030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,890

Year Built

Built in 1963

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 5360037024
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Bath, Gas, Living Room, Outside
  • Levels: One
  • Price Per Square Foot: 378.47

Exterior Features

  • Fencing: Chain Link, Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard, 2-5 Units/Acre, Front Yard
  • Lot Size Sq Ft: 6496.00
  • Price Per Lot Square Foot: 100.68
  • Lot Size Acres: 0.1490

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2030.00
  • Gross Scheduled Income: 24360.00
  • Lot Size Area: 6496.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 2030.00

Tax Info

  • New Taxes Expense: 8112.00
  • Tax Lot: 20
  • Tax Tract Number: 6824

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2015
Closed on
Feb 4, 2016
Sold by
Mosqueda Kathy
Bought by
Shen Shixiao and Song Siyang
Seller's Agent
Pam Kennedy
Compass
Buyer's Agent
Gloria Chu
IRN REALTY
List Price
$649,000
Sold Price
$654,000
Premium/Discount to List
$5,000
0.77%
Current Estimated Value
$1,042,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,666
Avg. Annual Appreciation
4.93%

Purchase Details

Closed on
Jan 20, 2005
Sold by
Manzano Jorge and Manzano Victor
Bought by
Manzano German J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 1995
Sold by
Manzano German J and Manzano Maria O
Bought by
Manzano German J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7.5%

Purchase Details

Closed on
Aug 15, 1995
Sold by
Manzano Maricruz
Bought by
Manzano Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7.5%

Purchase Details

Closed on
Jul 20, 1995
Sold by
Slates Ronald P
Bought by
Manzano German J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7.5%

Purchase Details

Closed on
Feb 23, 1995
Sold by
Ronald P Slates
Bought by
Slates Ronald P

Purchase Details

Closed on
Jan 6, 1995
Sold by
Fong Alfred T and Chan Fong Carmen M
Bought by
Ronald P Slates
Source: Public Records

Range of Values:

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Average Value
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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
Shen Shixiao $654,000 Chicago Title Company
Manzano German J -- Alliance Title San Diego
Manzano German J -- --
Manzano Victor -- Stewart Title
Manzano German J $227,000 Stewart Title
Slates Ronald P -- Stewart Title
Slates Ronald P -- --
Ronald P Slates -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manzano German J $193,000
Previous Owner Manzano German J $203,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2016 02/29/16 Sold $654,000 +0.8% $378 / Sq Ft
11/11/2015 11/11/15 Pending -- -- --
10/18/2015 10/18/15 For Sale $649,000 -- $376 / 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 $10,890 $774,196 $591,896 $182,300
2024 $10,890 $759,017 $580,291 $178,726
2023 $10,508 $744,135 $568,913 $175,222
2022 $10,042 $729,545 $557,758 $171,787
2021 $9,995 $715,241 $546,822 $168,419
2019 $9,629 $694,029 $530,604 $163,425
2018 $9,537 $680,421 $520,200 $160,221
2016 $6,448 $468,354 $305,469 $162,885
2015 $6,347 $461,320 $300,881 $160,439
2014 $6,267 $423,349 $270,410 $152,939
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15227998

California Regional Multiple Listing Service (CRMLS)

APN: 5360-037-024