NOT LISTED FOR SALE

1559 Frontage Rd Chula Vista, CA 91911

Otay Town Neighborhood

Estimated Value: $817,930 - $959,000

4 Beds
4 Baths
1,800 Sq Ft
$501/Sq Ft Est. Value

Last Sold November 18, 2014

Last sale price $406,000 $226 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $5,493/month

27 Days on Market

About This Home

As of November 2014

Remodeled Duplex! Both units 2 Bed, 1.5 bath with granite countertops, upgraded bathrooms, bedrooms, and flooring. Both units have large, separate yards w/ and additional 3rd yard by detached 4 car garage. Both units have laundry hookups, and fireplaces in the living room. Freeway close, parking for multiple cars per unit! Neighborhoods: Chula Vista Other Fees: 0 Unit # for Unit 1: A Unit # for Unit 2: B Number of Furnished Units: 0

Last Agent to Sell the Property

RJ Leal

Leal Real Estate Group, Inc License #01482374 Listed on: 08/27/2014

Last Buyer's Agent

Out of Area Agent

Out of Area Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,927

Year Built

  • Built in 1981

Lot Details

  • 6,098

Home Design

  • Rolled or Hot Mop Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • 2-Story Property
  • Partially Fenced Property

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 6220728100

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $26,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,927

Year Built

Built in 1981

Lot Details

0

Listing Details

  • CapRate: 6.70
  • Subdivision Name Other: Chula Vista
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 6220728100
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Levels: Two

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Roof: Rolled/Hot Mop

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 31200.00
  • Net Operating Income: 26880.00
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2014
Closed on
Nov 13, 2014
Sold by
Garcia Karla
Bought by
Beltran Oscar C Espinoza
Seller's Agent
RJ Leal
Leal Real Estate Group, Inc
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$406,000
Sold Price
$406,000
Current Estimated Value
$902,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,233
Avg. Annual Appreciation
7.05%
Original Mortgage
$392,449
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 27, 2014
Closed on
Oct 7, 2014
Sold by
Nunez Daniel
Bought by
Garcia Patricia
Seller's Agent
RJ Leal
Leal Real Estate Group, Inc
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$406,000
Sold Price
$406,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,449
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 27, 2014
Closed on
Sep 25, 2014
Sold by
Garcia Patricia
Bought by
Beltran Oscar C Espinoza
Seller's Agent
RJ Leal
Leal Real Estate Group, Inc
Buyer's Agent
Out of Area Agent
Out of Area Office
List Price
$406,000
Sold Price
$406,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,449
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 19, 2011
Closed on
Feb 16, 2012
Sold by
Nunez Miguel
Bought by
Garcia Patricia
Seller's Agent
Hogla Ellis
San Diego Real Estate & Loans
Buyer's Agent
Eric Vaca
Finest City Homes & Loans
List Price
$219,300
Sold Price
$236,000
Premium/Discount to List
$16,700
7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.44%
Original Mortgage
$230,017
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 7, 2005
Sold by
Ramirez Maribel
Bought by
Nunez Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
7.13%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 30, 2004
Sold by
Ramirez Marco Antonio and Ramirez Bertha A
Bought by
Nunez Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
7.13%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 21, 2004
Sold by
Nunez Miguel and Ramirez Maribel
Bought by
Ramirez Marco Antonio and Ramirez Bertha A

Purchase Details

Closed on
May 26, 1988
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
Beltran Oscar C Espinoza -- Title365
Garcia Patricia -- None Available
Beltran Oscar C Espinoza $406,000 Title 365
Garcia Patricia $236,000 Ticor Title Company Of Ca
Nunez Miguel -- First American Title
Nunez Miguel $550,000 First American Title
Ramirez Marco Antonio -- --
-- $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beltran Oscar C Espinoza $392,449
Previous Owner Garcia Patricia $230,017
Previous Owner Nunez Miguel $77,000
Previous Owner Nunez Miguel $458,500
Previous Owner Nunez Miguel $385,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2014 11/18/14 Sold $406,000 0.0% $226 / Sq Ft
09/23/2014 09/23/14 Pending -- -- --
08/27/2014 08/27/14 For Sale $406,000 +72.0% $226 / Sq Ft
03/15/2012 03/15/12 Sold $236,000 +7.6% $131 / Sq Ft
02/14/2012 02/14/12 Pending -- -- --
08/19/2011 08/19/11 For Sale $219,300 -- $122 / 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 $6,927 $487,941 $206,755 $281,186
2024 $6,927 $478,374 $202,701 $275,673
2023 $6,580 $468,995 $198,727 $270,268
2022 $6,147 $459,800 $194,831 $264,969
2021 $6,253 $450,785 $191,011 $259,774
2020 $6,173 $446,164 $189,053 $257,111
2019 $6,293 $437,417 $185,347 $252,070
2018 $6,147 $428,841 $181,713 $247,128
2017 $5,744 $420,433 $178,150 $242,283
2016 $5,648 $412,190 $174,657 $237,533
2015 $5,516 $406,000 $172,034 $233,966
2014 $3,667 $241,812 $102,463 $139,349
Source: Public Records

Agents Affiliated with this Home

  • RJ Leal

    Seller's Agent in 2014

    RJ Leal

    Leal Real Estate Group, Inc

    (619) 392-1146

    54 Total Sales

    RJ Leal
    Section Image

  • O

    Buyer's Agent in 2014

    Out of Area Agent

    Out of Area Office

  • Hogla Ellis

    Seller's Agent in 2012

    Hogla Ellis

    San Diego Real Estate & Loans

    (619) 253-4127

    8 Total Sales

    Hogla Ellis
    Section Image

  • E

    Buyer's Agent in 2012

    Eric Vaca

    Finest City Homes & Loans

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 140047394

California Regional Multiple Listing Service (CRMLS)

APN: 622-072-81

California San Diego County Chula Vista 91911 Otay Town

1559 Frontage Rd, Chula Vista, CA

This home is located at 1559 Frontage Rd, Chula Vista, CA 91911 since 27 August 2014 and is currently estimated at $902,233, approximately $501 per square foot. This property was built in 1981. 1559 Frontage Rd is a home located in San Diego County with nearby schools including Harborside Elementary School, Castle Park Middle School, and Castle Park High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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