NOT LISTED FOR SALE

1566 Reed Ave San Diego, CA 92109

Pacific Beach Neighborhood

Estimated Value: $1,498,000 - $1,539,000

2 Beds
2 Baths
950 Sq Ft
$1,590/Sq Ft Est. Value

Last Sold November 09, 2022

Last sale price $1,287,500 $1,355 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $9,393/month

7 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Front Yard
  • Crown Point Junior Music Academy Rated A-
  • No Heating
  • 4-minute walk to Crown Point Dog Park

About This Home

As of November 2022

DON’T MISS THIS WELL MAINTAINED DUPLEX IN A VERY DESIRABLE LOCATION IN PACIFIC BEACH. THE PROPERTY CONSISTS OF 2 ONE BEDROOMS / ONE BATH UNITS THAT CURRENTLY BEING USED AS CORPORATE RENTALS. THE UNITS ARE PRIVATE, HAVE TILE FLOORING, PRIVATE YARDS, A DETACHED GARAGE, A DEDICATED LAUNDRY ROOM AND IS VERY EASY TO MAINTAIN. LOCATED WEST OF INGRAHAM, NEAR ALL THE RESTAURANTS, CROWN POINT, AND THE BEACH & BAY.

Last Agent to Sell the Property

Vincent Crudo

Compass License #01424098 Listed on: 10/04/2022

Compass

Co-Listed By

Alida Crudo

Compass License #01357181

Last Buyer's Agent

Tania Quant

Century 21-El Camino License #01351724

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,163

Year Built

  • Built in 1951

Lot Details

  • 3,122 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 950 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 000854
  • Tax Tract Number 854
  • Assessor Parcel Number 4231931800

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $55,929

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,163

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 4.30
  • Price Per Unit: 647500
  • Property Attached: Yes
  • View: No
  • Zoning: R-3:RESTRICTED MULTIPLE
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4231931800
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Price Per Square Foot: 1355.26

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 3122.00
  • Lot Size Acres: 0.0717

Multi Family

  • Gross Scheduled Income: 64886.00
  • Lot Size Area: 3122.0000 Square Feet
  • Net Operating Income: 55929.00
  • 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
  • Number Wall A C: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 8957.00
  • Rent Control: No

Tax Info

  • Tax Lot: 000854
  • Tax Tract Number: 000854

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
Nov 8, 2022
Sold by
Trujillo Sarah
Bought by
Trujillo Carson
Seller's Agent
Vincent Crudo
Compass
Buyer's Agent
Tania Quant
Century 21-El Camino
List Price
$1,295,000
Sold Price
$1,287,500
Premium/Discount to List
-$7,500
-0.58%
Views
18
Current Estimated Value
$1,510,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,637
Avg. Annual Appreciation
2.41%
Original Mortgage
$1,094,375
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 4, 2022
Closed on
Oct 12, 2022
Sold by
Bunny Goat Solutions Llc
Bought by
Trujillo Carson
Seller's Agent
Vincent Crudo
Compass
Buyer's Agent
Tania Quant
Century 21-El Camino
List Price
$1,295,000
Sold Price
$1,287,500
Premium/Discount to List
-$7,500
-0.58%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,094,375
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2018
Closed on
Apr 16, 2018
Sold by
Cochrane Anthony
Bought by
Bunny Goat Solutions Llc
Seller's Agent
Luis Yeme
Excel Managers
Buyer's Agent
Tania Quant
Century 21-El Camino
List Price
$975,900
Sold Price
$915,000
Premium/Discount to List
-$60,900
-6.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%

Purchase Details

Closed on
Dec 6, 2016
Sold by
Fitzgerald Ryan P and Fitzgerald Michael J
Bought by
Cochrane Anthony

Purchase Details

Closed on
Mar 27, 2015
Sold by
Fitzgerald Leland J and Fitzgerald Deborah M
Bought by
Fitzgerald Ryan P and Fitzgerald Michael J

Purchase Details

Closed on
Sep 30, 2011
Sold by
Cook Suzanne M
Bought by
Fitzgerald Leland J and Fitzgerald Deborah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2009
Sold by
Littlewood Christopher K and Littlewood Kendra L
Bought by
Cook Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2004
Sold by
Littlewood Christopher K and Sundt Jon
Bought by
Littlewood Christopher K and Littlewood Kendra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2004
Sold by
Sundt Kathliene
Bought by
Sundt Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 25, 2004
Sold by
Agostini James A and Agostini Ane
Bought by
Littlewood Christopher K and Sundt Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2001
Sold by
Bushey David
Bought by
The David R Bushey 2001 Separate Propert and Bushey David R

Purchase Details

Closed on
Mar 23, 2000
Sold by
Bushey David and Curtis Dale L
Bought by
Agostini James A and Agostini Ane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
8.78%
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
Trujillo Carson -- Fidelity National Title
Trujillo Carson $1,287,500 Fidelity National Title
Bunny Goat Solutions Llc $915,000 Chicago Title Co Sd
Cochrane Anthony $800,000 Corinthian Title Company
Fitzgerald Ryan P -- None Available
Fitzgerald Leland J $595,000 California Title Company
Cook Suzanne M $625,000 First American Title Company
Littlewood Christopher K -- --
Sundt Jon -- Chicago Title Co
Littlewood Christopher K -- Chicago Title Co
Littlewood Christopher K $640,000 Chicago Title
The David R Bushey 2001 Separate Propert -- --
Agostini James A $255,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trujillo Carson $1,365,000
Closed Trujillo Carson $300,000
Closed Trujillo Carson $1,094,375
Previous Owner Fitzgerald Leland J $185,000
Previous Owner Cook Suzanne M $417,000
Previous Owner Littlewood Christopher K $512,000
Previous Owner Bushey David R $275,000
Previous Owner Agostini James A $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2022 11/09/22 Sold $1,287,500 -0.6% $1,355 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/04/2022 10/04/22 For Sale $1,295,000 +41.5% $1,363 / Sq Ft
05/01/2018 05/01/18 Sold $915,000 -6.2% $915 / Sq Ft
04/08/2018 04/08/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $975,900 -- $976 / 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 $16,163 $1,339,515 $1,204,263 $135,252
2024 $16,163 $1,313,250 $1,180,650 $132,600
2023 $15,807 $1,287,500 $1,157,500 $130,000
2022 $11,967 $981,063 $879,205 $101,858
2021 $11,885 $961,827 $861,966 $99,861
2020 $11,741 $951,966 $853,128 $98,838
2019 $11,532 $933,300 $836,400 $96,900
2018 $9,618 $815,999 $685,442 $130,557
2017 $7,400 $643,941 $540,912 $103,029
2016 $7,279 $631,315 $530,306 $101,009
2015 $7,334 $621,833 $522,341 $99,492
2014 $7,219 $609,654 $512,110 $97,544
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2022

    Vincent Crudo

    Compass

    Section Image

  • A

    Seller Co-Listing Agent in 2022

    Alida Crudo

    Compass

    Section Image

  • T

    Buyer's Agent in 2022

    Tania Quant

    Century 21-El Camino

  • Luis Yeme

    Seller's Agent in 2018

    Luis Yeme

    Excel Managers

    (619) 454-4152

    27 Total Sales

    Luis Yeme
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2210089

California Regional Multiple Listing Service (CRMLS)

APN: 423-193-18

California San Diego County San Diego 92109 Pacific Beach

1566 Reed Ave, San Diego, CA

This home is located at 1566 Reed Ave, San Diego, CA 92109 since 04 October 2022 and is currently estimated at $1,510,137, approximately $1,589 per square foot. This property was built in 1951. 1566 Reed Ave is a home located in San Diego County with nearby schools including Crown Point Junior Music Academy, Pacific Beach Middle, and Mission Bay 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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