NOT LISTED FOR SALE

Estimated Value: $986,000 - $1,203,000

3 Beds
2 Baths
1,230 Sq Ft
$863/Sq Ft Est. Value

Last Sold February 10, 2020

Last sale price $643,000 $523 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,257/month

33 Days on Market

Highlights

  • Ocean View
  • Heating System Uses Natural Gas
  • 1-Story Property
  • Partially Fenced Property

About This Home

As of February 2020

Incredible investment opportunity! Both units completely remodeled and ready for new tenants! Both units have a single-car garage, private patio area, and ocean views. Brand new flooring, interior & exterior paint, windows, cabinets, counters, vanities, appliances (dishwashers & food disposals added), fixtures, and doors. Section 1 termite completed in October this year. Great rent potential! Neighborhoods: Francine Villas Other Fees: 0 Unit # for Unit 1: 1513 Unit # for Unit 2: 1515 Number of Furnished Units: 0

Last Agent to Sell the Property

Leslie Dopirak

Golden Key Properties, Inc. License #01848961 Listed on: 12/23/2019

Last Buyer's Agent

Anne Fagan

HomeSmart Realty West License #00997889

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,776

Year Built

  • Built in 1954

Lot Details

  • 6,381 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 1440532700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,776

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Subdivision Name Other: Oceanside
  • View: Yes
  • Zoning: R-1:SINGLE
  • Property Type: Residential Income
  • Parcel Number: 1440532700
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Levels: One

Exterior Features

  • View: Ocean
  • Fence: Yes
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Heating: Yes
  • Heating Type: Natural Gas

Lot Info

  • Lot Size Sq Ft: 6381.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 6381.0000 Square Feet
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2019
Closed on
Jan 3, 2020
Sold by
Kachadorian Richard and Kachadorian Lorrie
Bought by
Fagan Anne Frazier
Seller's Agent
Leslie Dopirak
Golden Key Properties, Inc.
Buyer's Agent
Anne Fagan
HomeSmart Realty West
List Price
$619,000
Sold Price
$643,000
Premium/Discount to List
$24,000
3.88%
Current Estimated Value
$1,061,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,244
Avg. Annual Appreciation
9.19%

Purchase Details

Closed on
Feb 5, 2014
Sold by
Kachadorian Richard and Kachadorian Lorrie
Bought by
Kachadorian Richard and Kachadorian Lorrie

Purchase Details

Closed on
Jan 15, 2003
Sold by
Eisele Erika E
Bought by
Kachadorian Richard and Kachadorian Lorrie

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
5.83%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fagan Anne Frazier $643,000 First American Title
Kachadorian Richard -- None Available
Kachadorian Richard $260,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kachadorian Richard $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2020 02/10/20 Sold $643,000 +3.9% $523 / Sq Ft
01/25/2020 01/25/20 Pending -- -- --
12/23/2019 12/23/19 For Sale $619,000 -- $503 / 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 $7,776 $703,212 $513,889 $189,323
2024 $7,776 $689,424 $503,813 $185,611
2023 $7,537 $675,907 $493,935 $181,972
2022 $7,424 $662,654 $484,250 $178,404
2021 $7,453 $649,661 $474,755 $174,906
2020 $3,898 $344,300 $251,605 $92,695
2019 $3,786 $337,550 $246,672 $90,878
2018 $3,746 $330,933 $241,836 $89,097
2017 $3,678 $324,445 $237,095 $87,350
2016 $3,415 $305,000 $221,000 $84,000
2015 $3,193 $289,000 $210,000 $79,000
2014 $2,717 $250,000 $182,000 $68,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190065861

California Regional Multiple Listing Service (CRMLS)

APN: 144-053-27