NOT LISTED FOR SALE

1419-21 Coolidge Ave National City, CA 91950

Estimated Value: $828,000 - $976,962

4 Beds
3 Baths
1,032 Sq Ft
$873/Sq Ft Est. Value

Last Sold January 06, 2021

Last sale price $650,000 $630 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,541/month

14 Days on Market

Highlights

  • Park
  • Bike Trail
  • Front Yard
  • Laundry Room
  • Paved or Partially Paved Lot

About This Home

As of January 2021

Great duplex with commercial and light industrial opportunities. The back unit was updated in 2016 with addition of 500sq ft and brought up to code. New roof was installed and new concrete. An additional bedroom was added to the front unit to make it a 2 bedroom. Potential to easily convert to a third ADU at the back unit. Plenty of parking with gate. Front unit has a long term tenant.

Last Agent to Sell the Property

Omar Gudino

Omar Gudino License #01738372 Listed on: 11/16/2020

Last Buyer's Agent

Omar Gudino

Omar Gudino License #01738372 Listed on: 11/16/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,920

Year Built

  • Built in 2016

Lot Details

  • 5,166 Sq Ft Lot
  • Lot Dimensions are 102x51
  • 1 Common Wall
  • Paved or Partially Paved Lot
  • Front Yard

Home Design

  • 1,032 Sq Ft Home
  • Duplex
  • Raised Foundation
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 8 Parking Spaces
  • 8 Carport Spaces

Listing and Financial Details

  • Legal Lot and Block 4.5 / 79
  • Tax Tract Number 348
  • Assessor Parcel Number 5600610200

Community Details

Recreation

  • Park
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $800
  • Trash Expense $2,000
  • Operating Expense $36,600
  • Gross Income $38,400
  • Net Operating Income $36,600

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,920

Year Built

Built in 2016

Lot Details

0

Listing Details

  • CapRate: 0.45
  • Property Attached: Yes
  • Zoning: MCR-1 on new zoning; M
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5600610200
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 629.84

Exterior Features

  • Foundation: Concrete Perimeter, Raised
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Electric Dryer Hookup, Gas & Electric Dryer Hookup
  • Sewer: Other
  • Trash Expense: 2000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Park

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Paved
  • Lot Size: 102x51
  • Lot Size Sq Ft: 5166.00
  • Lot Size Acres: 0.1100

Multi Family

  • Gross Income: 38400.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5166.0000 Square Feet
  • Net Operating Income: 36600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Rent Control: No
  • Total Expenses: 36600.00

Tax Info

  • Tax Block: 79
  • Tax Lot: 4.5
  • Tax Tract Number: 000348

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2020
Closed on
Dec 23, 2020
Sold by
Paul Karina
Bought by
Paul Manuel C
Seller's Agent
Omar Gudino
Omar Gudino
Buyer's Agent
Omar Gudino
Omar Gudino
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Current Estimated Value
$900,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,654
Avg. Annual Appreciation
6.30%
Original Mortgage
$638,226
Outstanding Balance
$572,124
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$293,649

Purchase Details

Listed on
Nov 16, 2020
Closed on
Dec 22, 2020
Sold by
Paul Karina
Bought by
Paul Manuel C
Seller's Agent
Omar Gudino
Omar Gudino
Buyer's Agent
Omar Gudino
Omar Gudino
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$638,226
Outstanding Balance
$572,124
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$293,649

Purchase Details

Closed on
Dec 3, 2018
Sold by
Pernicano Nicholas and Pernicano Kaelah
Bought by
Pernicano Nicholas and Pernicano Kaelah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2015
Sold by
Gaar Karen M
Bought by
Pernicano Nicholas A and Lyons Kaelah R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,840
Interest Rate
3.86%
Mortgage Type
FHA
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
Paul Manuel C -- Wfg Title Insurance
Paul Manuel C -- Wfg Title Co Of Ca San Diego
Paul Manuel C $650,000 Wfg Title Insurance
Pernicano Nicholas -- First American Title Company
Pernicano Nicholas A $270,000 Equity Title San Diego
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paul Manuel C $638,226
Closed Paul Manuel C $638,226
Previous Owner Pernicano Nicholas $337,500
Previous Owner Pernicano Nicholas A $281,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2021 01/06/21 Sold $650,000 -7.0% $630 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
11/16/2020 11/16/20 For Sale $699,000 -- $677 / 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 $8,920 $703,579 $378,850 $324,729
2024 $8,920 $689,784 $371,422 $318,362
2023 $8,932 $676,260 $364,140 $312,120
2022 $8,903 $663,000 $357,000 $306,000
2021 $5,001 $345,738 $191,387 $154,351
2020 $4,741 $342,194 $189,425 $152,769
2019 $4,552 $335,485 $185,711 $149,774
2018 $4,425 $328,908 $182,070 $146,838
2017 $3,768 $275,400 $178,500 $96,900
2016 $3,683 $270,000 $175,000 $95,000
2015 $1,080 $39,744 $20,352 $19,392
2014 $983 $38,967 $19,954 $19,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2001493

California Regional Multiple Listing Service (CRMLS)

APN: 560-061-02