Jorge Alvarez
Compass
(619) 257-3649
65 Total Sales
1 in North Chula Vista
$750,000 Price
137 Madison Ave Chula Vista, CA 91910
North Chula Vista Neighborhood
7
Beds
4
Baths
2,698
Sq Ft
6,197
Sq Ft Lot
About This Home
As of August 2022Opportunity knocks in Chula Vista! This unique investment prospect features a single family 3BR/2B home and two additional 2/1 units: you can easily live in one and let the other two rentals help you cover costs! Main home boasts a converted garage, in-unit laundry, fully fenced private yard, private patio and a covered porch, real wood floors, and two tandem parking spaces. Duplex units feature large living rooms, eat-in kitchens, tiled bathrooms, and two-car tandem parking spaces with alley access. Lower unit has a fenced private yard. With stabilized cash flow, this property is a solid start for anyone’s investment portfolio! Appears to be lots of upside on rents with longer term tenants in place. Nicely maintained in a good location. Estimated 25% annual expenses. Units added in 1976, Garage conversion was in 1975 Perfect income opportunity for the burgeoning investor! Fairly well maintained, this tenant-occupied property allows for buyer to see immediate return with minimal needed upgrades. Situated near local schools, shopping, Sweetwater Marsh National Refuge, and the I-5 and 54 freeways. All offers to be submitted on RPA (residential purchase agreement)
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #00809392 Listed on: 05/26/2022
Last Buyer's Agent
Natalie Frantz
Compass License #02057182
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Property Details
Home Type
- Multi-Family
Year Built
- 1958
Lot Details
- 6,197 Sq Ft Lot
- Property is Fully Fenced
- Level Lot
Parking
- Alley Access
Home Design
- Rolled or Hot Mop Roof
- Composition Roof
- Stucco Exterior
Utilities
- Separate Water Meter
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas/propane
- Assessor Parcel Number 565-162-10-00
Community Details
Pet Policy
- Pets Allowed
Additional Features
- 3 Units
- Net Operating Income $45,360
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
May 26, 2022
Closed on
Aug 2, 2022
Sold by
Maria Eloisa Jaramillo 2015 Family Livin
Bought by
Seller's Agent
Gregg Neuman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Natalie Frantz
Compass
List Price
$1,075,000
Sold Price
$1,050,000
Premium/Discount to List
-$25,000
-2.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,074,150
Outstanding Balance
$1,015,790
Interest Rate
5.81%
Mortgage Type
VA
Purchase Details
Closed on
Jun 16, 2015
Sold by
Jaramillo Maria E
Bought by
The Maria Eloisa Jaramillo 2015 Family L
Purchase Details
Closed on
May 30, 2013
Sold by
Jaramillo J Jesus and Jaramillo Maria E
Bought by
Jaramillo Maria E
Purchase Details
Closed on
Oct 21, 2004
Sold by
Utrilla Luis Alberto
Bought by
Jaramillo J Jesus and Jaramillo Maria E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.87%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Dec 28, 2002
Sold by
Rodriguez Ramiro D and Adame Rodriguez Diane I
Bought by
Rodriguez Ramiro D and Adame Rodriguez Diane I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 4, 2002
Sold by
Rodriguez Ramiro D and Adame Rodriguez Diane I
Bought by
Utrilla Luis Alberto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 20, 2002
Sold by
Barcelo Beatriz
Bought by
Utrilla Luis Alberto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 21, 2001
Sold by
Rodriguez Ramiro D and Adame Rodriguez Diane I
Bought by
Rodriguez Ramiro D and Adame Rodriguez Diane I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.87%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Apr 26, 2001
Sold by
Adame Rodriguez Diane I and Rodriguez Ramiro D
Bought by
Rodriguez Ramiro D and Adame Rodriguez Diane I
Purchase Details
Closed on
Aug 18, 1999
Sold by
Rodriguez Ramiro D and Rodriguez Diana I
Bought by
Rodriguez Diana I Adame and Valentina Holley
Purchase Details
Closed on
Nov 23, 1993
Sold by
Ramirez Jaime and Lozano Edelmira
Bought by
Rodriguez Ramiro D and Rodriguez Diana I Adame
Purchase Details
Closed on
Oct 12, 1993
Sold by
Ramirez Jaime
Bought by
Lozano Edelmira and Ramirez Jaime
Home Values in the Area
Average Home Value in this Area
Agents Specializing in North Chula Vista, CA
-
Jorge Alvarez
-
Martina McKinney
Martina McKinney
Compass
(858) 630-4098
78 Total Sales
1 in North Chula Vista
$850,000 Price
-
Robin Hagemann
Robin Hagemann
Compass
(619) 439-1743
31 Total Sales
1 in North Chula Vista
$553,000 Price
-
Juan Julio Montanez
Juan Julio Montanez
Responds QuicklyeXp Realty of California, Inc.
(619) 257-3784
28 Total Sales
1 in North Chula Vista
$158,000 Price
-
Deana Hoffman
Deana Hoffman
Coldwell Banker West
(619) 773-0470
31 Total Sales
2 in North Chula Vista
$185,000 Price Range
-
Paula Gonzalez
Paula Gonzalez
Coldwell Banker West
(619) 547-1725
41 Total Sales
1 in North Chula Vista
$840,000 Price
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 |
|---|---|---|---|
| $1,050,000 | California Title Company | ||
| The Maria Eloisa Jaramillo 2015 Family L | -- | None Available | |
| Jaramillo Maria E | -- | Accommodation | |
| Jaramillo J Jesus | $600,000 | Lawyers Title Company | |
| Rodriguez Ramiro D | -- | Commonwealth Land Title Co | |
| Utrilla Luis Alberto | $495,000 | Commonwealth Land Title Co | |
| Utrilla Luis Alberto | -- | Commonwealth Land Title Co | |
| Rodriguez Ramiro D | -- | -- | |
| Rodriguez Ramiro D | -- | -- | |
| Rodriguez Diana I Adame | -- | Fidelity National Title | |
| Rodriguez Ramiro D | $190,000 | Benefit Land Title Company | |
| Lozano Edelmira | -- | -- |
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 | $1,074,150 | ||
| Previous Owner | Jaramillo J Jesus | $420,000 | |
| Previous Owner | Utrilla Luis Alberto | $396,000 | |
| Previous Owner | Rodriguez Ramiro D | $110,000 | |
| Previous Owner | Rodriguez Ramiro D | $165,000 |
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 |
|---|---|---|---|---|
| 08/04/2022 08/04/22 | Sold | $1,050,000 | -2.3% | $389 / Sq Ft |
| 06/21/2022 06/21/22 | Pending | -- | -- | -- |
| 06/08/2022 06/08/22 | For Sale | $1,075,000 | 0.0% | $398 / Sq Ft |
| 06/01/2022 06/01/22 | Pending | -- | -- | -- |
| 05/26/2022 05/26/22 | For Sale | $1,075,000 | -- | $398 / 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 |
|---|---|---|---|---|
| 2026 | $13,016 | $1,114,267 | $610,194 | $504,073 |
| 2025 | $12,558 | $1,092,420 | $598,230 | $494,190 |
| 2024 | $12,558 | $1,071,000 | $586,500 | $484,500 |
| 2023 | $12,388 | $1,050,000 | $575,000 | $475,000 |
| 2022 | $9,220 | $788,094 | $315,235 | $472,859 |
| 2021 | $9,007 | $772,642 | $309,054 | $463,588 |
| 2020 | $8,791 | $764,721 | $305,886 | $458,835 |
| 2019 | $8,564 | $749,728 | $299,889 | $449,839 |
| 2018 | $8,432 | $735,028 | $294,009 | $441,019 |
| 2017 | $8,256 | $720,617 | $288,245 | $432,372 |
| 2016 | $8,064 | $706,489 | $282,594 | $423,895 |
| 2015 | $7,949 | $695,878 | $278,350 | $417,528 |
| 2014 | $7,817 | $682,248 | $272,898 | $409,350 |
Source: Public Records
Agents Affiliated with this Home
-
Gregg Neuman
Seller's Agent in 2022
Gregg Neuman
Berkshire Hathaway HomeServices California Properties
(619) 595-7025
1 in this area
488 Total Sales
-
NF
Buyer's Agent in 2022
Natalie Frantz
Compass
-
Patrick Kappel
Buyer Co-Listing Agent in 2022
Patrick Kappel
Compass
(858) 699-6817
1 in this area
136 Total Sales
Map
Source: San Diego MLS
MLS Number: 220013036
APN: 565-162-10-00
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