NOT LISTED FOR SALE

1325 Marline Ave El Cajon, CA 92021

Estimated Value: $1,008,000 - $1,166,574

5 Beds
3 Baths
3,012 Sq Ft
$351/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $800,000 $266 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $6,694/month

5 Days on Market

Highlights

  • Gated Parking
  • Central Air
  • Level Lot
  • Fireplace
  • Partially Fenced Property
  • Wood Siding

About This Home

As of June 2021

2 unit property with tons of potential zoned R3. Conveniently located just minutes from the freeway and shopping. Front house offers 2 beds 1 bath approx 840 sq.ft with extra space that can potentially be used as a 3rd unit. One car garage and covered space provides plenty of parking or storage. The 2nd unit is a manufactured home. It features 3 beds 2 baths approx 2172 sq.ft installed in 2004. Welcoming floor plan opens up into a large living room with a fireplace. Master bedroom has 2 closets along with a sitting area. Laundry room leads you to an enclosed patio and a backyard. Additional 2 car garage and a workshop provides convenient parking for the 2nd unit. Expansive size lot offers a beautiful and private backyard with a jacuzzi, and mature fruit trees. Both units have separate electrical meters and shared water meter.

Last Agent to Sell the Property

Michael Rice

Skyline Financial Svcs. License #00831742 Listed on: 05/15/2021

Co-Listed By

Viktoriya Navardauskaite

Viki's Realty Service License #01751521

Last Buyer's Agent

Ramin Karimi

Pemberley Realty Inc. License #02076734

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,439

Year Built

  • Built in 1947

Lot Details

  • 0.47 Acre Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fireplace

Parking

  • Gated Parking
  • RV Potential

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, hot water
  • Assessor Parcel Number 484-263-08-00

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Bostonia Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,439

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: N 2nd Street
  • Neighborhood: Bostonia
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1947
  • 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: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Garage/Parking

  • Parking for RV: Gated, Potential Space

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Fireplace

Condo/Co-op/Association

  • Complex Name: Bostonia
  • Pets Allowed: Yes
  • Community: EL CAJON

Lot Info

  • Lot Size: .25 to .5 AC
  • Site: Sidewalks
  • Topography: Level
  • Zoning: 3
  • Assessor Parcel Number: 484-263-08-00
  • Estimated Lot Sq Ft: 20242
  • Estimated Number of Acres: 0.47
  • Map Code Column: J
  • Map Code Page: 1251
  • Map Code Row: 4

Rental Info

  • Tenant Pays: Electricity, Hot Water

Multi Family

  • No. of Units: 2
  • Gross Rent Multiplier Actual: 16.24
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Jun 11, 2021
Sold by
Potvin Elizabeth A
Bought by
Elizabeth A Potvin Trust
Seller's Agent
Michael Rice
Skyline Financial Svcs.
Buyer's Agent
Ramin Karimi
Pemberley Realty Inc.
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%
Current Estimated Value
$1,057,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,644
Avg. Annual Appreciation
6.58%
Original Mortgage
$750,000
Outstanding Balance
$679,032
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$378,612

Purchase Details

Listed on
May 15, 2021
Closed on
Jun 1, 2021
Sold by
Potvin James R and The Elizabeth A Potvin Trust
Bought by
Karimi Ramin
Seller's Agent
Michael Rice
Skyline Financial Svcs.
Buyer's Agent
Ramin Karimi
Pemberley Realty Inc.
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$679,032
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$378,612

Purchase Details

Listed on
May 15, 2021
Closed on
May 28, 2021
Sold by
Asgari Mikhak
Bought by
Karimi Ramin
Seller's Agent
Michael Rice
Skyline Financial Svcs.
Buyer's Agent
Ramin Karimi
Pemberley Realty Inc.
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$679,032
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$378,612

Purchase Details

Listed on
May 15, 2021
Closed on
May 5, 2021
Sold by
Potvin Elizabeth A
Bought by
Elizabeth A Potvin Trust and Potvin
Seller's Agent
Michael Rice
Skyline Financial Svcs.
Buyer's Agent
Ramin Karimi
Pemberley Realty Inc.
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$679,032
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$378,612

Purchase Details

Closed on
Mar 31, 2021
Sold by
Potvin James R and The Elizabeth A Potvin Trust
Bought by
Potvin James R

Purchase Details

Closed on
Jul 8, 2014
Sold by
Potvin Elizabeth A
Bought by
Potvin Elizabeth A

Purchase Details

Closed on
Mar 21, 2002
Sold by
Potvin Joseph L and Potvin Elizabeth A
Bought by
City Of El Cajon

Purchase Details

Closed on
Jul 11, 2001
Sold by
Walcutt William R
Bought by
Potvin Joseph L and Potvin Elizabeth A
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
Elizabeth A Potvin Trust -- --
Karimi Ramin $800,000 Chicago Title Company
Elizabeth A Potvin Trust -- --
Karimi Ramin -- Chicago Title Co Sd
Elizabeth A Potvin Trust -- --
Potvin James R -- None Available
Potvin Elizabeth A -- None Available
City Of El Cajon -- --
Potvin Joseph L $210,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karimi Ramin $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2021 06/11/21 Sold $800,000 +0.1% $266 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/15/2021 05/15/21 For Sale $799,000 -- $265 / 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 $13,439 $865,944 $432,972 $432,972
2024 $13,439 $848,966 $424,483 $424,483
2023 $12,423 $832,320 $416,160 $416,160
2022 $10,935 $816,000 $408,000 $408,000
2021 $7,211 $510,577 $139,251 $371,326
2020 $6,972 $505,343 $137,824 $367,519
2019 $5,985 $495,435 $135,122 $360,313
2018 $5,887 $485,722 $132,473 $353,249
2017 $30 $476,199 $129,876 $346,323
2016 $5,578 $466,863 $127,330 $339,533
2015 $5,548 $459,851 $125,418 $334,433
2014 $5,065 $420,000 $132,000 $288,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michael Rice

    Skyline Financial Svcs.

    Section Image

  • V

    Seller Co-Listing Agent in 2021

    Viktoriya Navardauskaite

    Viki's Realty Service

    Section Image

  • R

    Buyer's Agent in 2021

    Ramin Karimi

    Pemberley Realty Inc.

    (858) 205-4646

    10 Total Sales

    Ramin Karimi
    Section Image
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Map

Source: San Diego MLS

MLS Number: 210013095

San Diego MLS

APN: 484-263-08

California San Diego County El Cajon 92021

1325 Marline Ave, El Cajon, CA

Not Listed for Sale

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