$449,000
SOLD NOV 2, 2015
5 Beds
5 Baths
-- Sq Ft
5,092 Sq Ft Lot

Recently Sold

9% Below List Price

76 Days on Market

About This Home

As of May 2021

Recently renovated triplex consists of one studio, one 1 bd / 1 ba, and one 4 bd / 3 ba. Buyers will be impressed with the newer flooring, paint, cabinetry, kitchen upgrades, and bathroom improvements. There is also a spacious side yard that tenants use to enjoy time outside. This particular unit is perfect for owner-occupiers who can live in one of the units and rent the others out with the potential to pay off the mortgage and even earn some extra cash flow!

Last Agent to Sell the Property

David Cameron

South Coast Commercial, Inc. License #01269169 Listed on: 06/13/2015

Co-Listed By

Alex Gamboa

Realty Experts License #01948446

Last Buyer's Agent

Non-Member Default

Default Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,855

Year Built

  • Built in 1928

Lot Details

  • 5,092 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Irregular Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Utilities

  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $24,840

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gardener, gas/propane, hot water
  • Assessor Parcel Number 5461350500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,855

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: Durant
  • Neighborhood: Logan Heights
  • LP / Sq Ft: 18.08
  • Sale Price List Price: 1.0
  • Year Built: 1928
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full, Gate
  • Roof: Composition

Utilities

  • Water: Available
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Community: LOGAN HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Corner Lot, Curbs, Irregular Lot, Public Street, Street Paved
  • Topography: Level
  • Assessor Parcel Number: 5461350500
  • Land Use Code: R-2
  • Estimated Lot Sq Ft: 5092

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gardener, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 24840
  • Annual Expense Actual: 12443
  • Annual Expense Projected: 12443
  • Gross Rent Multiplier Actual: 11.0
  • Gross Rent Multiplier Projected: 10.1
  • Gross Sched Income Actual: 38436
  • Gross Sched Income Projected: 43200
  • Number Of Buildings: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
May 14, 2021
Sold by
Bolduc Bonnie R
Bought by
Bolduc Neil Joseph
Seller's Agent
Leo Samuel Nunez
Exp Realty of California Inc
Buyer's Agent
Tamara Krause
Century 21 Award
List Price
$645,000
Sold Price
$600,000
Premium/Discount to List
-$45,000
-6.98%
Current Estimated Value
$924,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,333
Avg. Annual Appreciation
8.75%
Original Mortgage
$480,000
Outstanding Balance
$435,923
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$426,831

Purchase Details

Listed on
Mar 30, 2021
Closed on
Apr 23, 2021
Sold by
Nunez Alyssa and Garcia Alyssa
Bought by
Bolduc Neil Joseph
Seller's Agent
Leo Samuel Nunez
Exp Realty of California Inc
Buyer's Agent
Tamara Krause
Century 21 Award
List Price
$645,000
Sold Price
$600,000
Premium/Discount to List
-$45,000
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$435,923
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$426,831

Purchase Details

Closed on
Apr 10, 2017
Sold by
Garcia Glenn
Bought by
Garcia Alyssa

Purchase Details

Closed on
Jul 14, 2015
Sold by
Lmst Properties Llc
Bought by
Garcia Glenn and Garcia Alyssa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,653
Interest Rate
3.87%
Mortgage Type
VA

Purchase Details

Closed on
Apr 3, 2015
Sold by
Talpalatsky Sam
Bought by
Lmst Properties Llc

Purchase Details

Closed on
Aug 27, 2010
Sold by
Tsml Properties Llc and Talpalatsky Elizabeth S
Bought by
Talpalatsky Sam

Purchase Details

Closed on
Jun 21, 2010
Sold by
Talpalatsky Sam
Bought by
Tsml Llc

Purchase Details

Closed on
Feb 25, 2010
Sold by
Talpalatsky Sam and Talpalatsky Elizabeth
Bought by
Talpalatsky Sam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2009
Sold by
Citibank Na
Bought by
Talpalatsky Sam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
12%
Mortgage Type
Unknown

Purchase Details

Closed on
May 30, 2008
Sold by
Valadez Alonso
Bought by
Citibank Na

Purchase Details

Closed on
Aug 15, 2005
Sold by
Teran Mario J
Bought by
Valadez Alonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 12, 2004
Sold by
Teran Mario J and Martija Ana Laura
Bought by
Teran Mario J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,750
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2003
Sold by
Mcdaniel Hannibal Winston
Bought by
Teran Mario J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2002
Sold by
Mcdaniel Lincoln and Mcdaniel Ruth
Bought by
Mcdaniel Hannibal Winston

Purchase Details

Closed on
Oct 24, 1994
Sold by
Mcdaniel Lincoln
Bought by
Finnell Mary
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 Type Sale Price Title Company
Deed -- Prominent Escrow Svcs Inc
Grant Deed $600,000 Pacific Title
Interfamily Deed Transfer -- None Available
Grant Deed $449,000 Title 365
Quit Claim Deed -- Accommodation
Interfamily Deed Transfer -- Stewart Title Of California
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Lsi Local Solutions
Grant Deed $157,000 Fidelity National Title Co
Trustee Deed $574,340 Fidelity National Title
Grant Deed $625,000 Chicago Title Co
Interfamily Deed Transfer -- Chicago Title Co
Interfamily Deed Transfer -- Commonwealth Land Title Co
Grant Deed $250,000 Multiple
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 New Conventional
Previous Owner $452,800 VA
Previous Owner $458,653 VA
Previous Owner $208,000 New Conventional
Previous Owner $157,000 Unknown
Previous Owner $516,000 Negative Amortization
Previous Owner $129,000 Stand Alone Second
Previous Owner $500,000 Fannie Mae Freddie Mac
Previous Owner $125,000 Stand Alone Second
Previous Owner $483,750 New Conventional
Previous Owner $540,000 Unknown
Previous Owner $483,750 Unknown
Previous Owner $265,000 Purchase Money Mortgage
Closed $65,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $600,000 -7.0% $290 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $645,000 0.0% $312 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $645,000 +43.7% $312 / Sq Ft
11/02/2015 11/02/15 Sold $449,000 -9.3% --
08/27/2015 08/27/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $495,000 -- --
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 $7,855 $649,454 $236,163 $413,291
2024 $7,855 $636,721 $231,533 $405,188
2023 $7,682 $624,238 $226,994 $397,244
2022 $7,477 $611,999 $222,544 $389,455
2021 $6,084 $491,042 $178,560 $312,482
2020 $6,010 $486,008 $176,730 $309,278
2019 $5,904 $476,479 $173,265 $303,214
2018 $5,520 $467,137 $169,868 $297,269
2017 $5,389 $457,979 $166,538 $291,441
2016 $5,302 $449,000 $163,273 $285,727
2015 $2,006 $168,217 $107,146 $61,071
2014 $1,975 $164,923 $105,048 $59,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 150032244

San Diego MLS

APN: 546-135-05