NOT LISTED FOR SALE

Estimated Value: $560,000 - $708,636

4 Beds
2 Baths
1,512 Sq Ft
$408/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $400,000 $265 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,827/month

14 Days on Market

Highlights

  • No HOA
  • Wall Furnace
  • 1-Story Property
  • 2 Car Garage
  • Front Yard
  • 3-minute walk to Augustus F. Hawkins Natural Park

About This Home

As of October 2018

ATTENTION INVESTORS: Fully occupied Duplex. Both units have 2 bedrooms and 1 bathroom. There is a 2 car detached garage with a carport in the back of the property. There are 2 electric meters, 2 gas meters and 1 water meter. Conveniently located close to restaurants, shopping, and has easy access to transportation.

Last Agent to Sell the Property

Alaura Clennon

Griffin Real Estate, Inc. Listed on: 08/13/2018

Last Buyer's Agent

Micaela Cardona

CENTURY 21 REALTY MASTERS License #01848966

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,568

Year Built

  • Built in 1961

Lot Details

  • 5,389 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • 1 Carport Space
  • Parking Available
  • Driveway

Home Design

  • Property Attached
  • Fixer Upper

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 5104021026

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Fuel Expense $600
  • Insurance Expense $1,200
  • Trash Expense $400
  • Water Sewer Expense $600
  • New Taxes Expense $5,148
  • Operating Expense $9,248
  • Gross Income $30,000
  • Net Operating Income $20,752

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,568

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 600.00
  • Zoning: LAR2
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 5104021026
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 264.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Driveway, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 400.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5389.00

Multi Family

  • Average2 Bed Area: 756 Square Feet
  • Electric Expense: 1200.00
  • Fuel Expense: 600.00
  • Gross Income: 30000.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 20752.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 9248.00
  • Rent Control: Yes
  • Total Expenses: 9248.00

Tax Info

  • New Taxes Expense: 5148.00
  • Tax Census Tract: 2291.00
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2020
Sold by
Llamas Steven Alexander and Aguirre David
Bought by
Llamas Steven Alexander and Aguirre David
Current Estimated Value
$617,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,500
Outstanding Balance
$282,421
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$334,738

Purchase Details

Listed on
Aug 13, 2018
Closed on
Sep 13, 2018
Sold by
Llamas Jessica
Bought by
Llamas Steven Alexander
Seller's Agent
Alaura Clennon
Griffin Real Estate, Inc.
Buyer's Agent
Micaela Cardona
CENTURY 21 REALTY MASTERS
List Price
$409,990
Sold Price
$400,000
Premium/Discount to List
-$9,990
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$320,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2018
Closed on
Sep 4, 2018
Sold by
Gw San Diego Properties Llc
Bought by
Llamas Steven Alexander and Aguirre David
Seller's Agent
Alaura Clennon
Griffin Real Estate, Inc.
Buyer's Agent
Micaela Cardona
CENTURY 21 REALTY MASTERS
List Price
$409,990
Sold Price
$400,000
Premium/Discount to List
-$9,990
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2018
Sold by
Garza Suana Sandoval
Bought by
Gw San Diego Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
3.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 8, 2011
Sold by
Juana S Garza Revocable Trust
Bought by
Juana S Garza Revocable Trust

Purchase Details

Closed on
Aug 2, 2010
Sold by
Juana S Garza Revocable Trust
Bought by
Juana S Garza Revocable Trust

Purchase Details

Closed on
Jun 16, 2007
Sold by
Garza Juana Sandoval
Bought by
Garza Juana S and Juana S Garza Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
6.14%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 15, 2003
Sold by
Montalvo Guillermo A
Bought by
Garza Juana Sandoval

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,653
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 1998
Sold by
Mendoza Rossana
Bought by
Montalvo Guillermo

Purchase Details

Closed on
May 18, 1995
Sold by
Sandoval Isabel Garza
Bought by
Garza Juana Sandoval

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
8.88%
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
Llamas Steven Alexander -- Amrock Inc
Llamas Steven Alexander -- Usa National Title Company
Llamas Steven Alexander $400,000 Usa National Title Co
Gw San Diego Properties Llc $371,119 Usa National Title
Juana S Garza Revocable Trust -- None Available
Juana S Garza Revocable Trust -- None Available
Garza Juana S -- None Available
Garza Juana Sandoval -- Landsafe Title
Montalvo Guillermo -- Investors Title Company
Garza Juana Sandoval -- Investors Title Company
Garza Juana Sandoval -- Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Llamas Steven Alexander $321,500
Previous Owner Llamas Steven Alexander $320,000
Previous Owner Gw San Diego Properties Llc $6,000,000
Previous Owner Garza Juana Sandoval $412,500
Previous Owner Garza Juana Sandoval $353,500
Previous Owner Garza Juana Sandoval $348,450
Previous Owner Garza Juana Sandoval $231,000
Previous Owner Garza Juana Sandoval $226,000
Previous Owner Garza Juana Sandoval $152,653
Previous Owner Garza Juana Sandoval $10,000
Previous Owner Garza Juana Sandoval $156,000
Previous Owner Garza Juana Sandoval $156,000
Previous Owner Garza Juana Sandoval $131,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $400,000 0.0% $265 / Sq Ft
08/20/2018 08/20/18 Price Changed $399,990 -2.4% $265 / Sq Ft
08/13/2018 08/13/18 For Sale $409,990 -- $271 / 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 $5,568 $446,203 $368,119 $78,084
2024 $5,568 $437,454 $360,901 $76,553
2023 $5,463 $428,877 $353,825 $75,052
2022 $5,214 $420,469 $346,888 $73,581
2021 $5,147 $412,226 $340,087 $72,139
2020 $5,195 $408,000 $336,600 $71,400
2019 $4,996 $400,000 $330,000 $70,000
2018 $2,991 $231,938 $94,193 $137,745
2016 $2,848 $222,935 $90,537 $132,398
2015 $2,808 $219,588 $89,178 $130,410
2014 $2,830 $215,288 $87,432 $127,856
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG18196218

California Regional Multiple Listing Service (CRMLS)

APN: 5104-021-026