NOT LISTED FOR SALE

Estimated Value: $1,626,703

6 Beds
3 Baths
3,263 Sq Ft
$499/Sq Ft Est. Value

Last Sold March 02, 2022

Last sale price $1,500,000 $460 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $10,467/month

20 Days on Market

About This Home

As of March 2022

Welcome to the heart of South Park with income potential. Blocks to the neighborhoods hottest spots. The home was built in the 1890's (approximately) but extensively remodeled/expanded in the past 15 years including NEW insulation, NEW drywall, UPDATED plumbing, NEW electrical, NEW roof & foundation. The home now features 6 large bedrooms, 2 full bathrooms & a half bath in the living room. Take advantage of the full size laundry room downstairs, large open updated kitchen & premier Wolf & Sub Zero appliances. In addition to the 2,536 SF single family home, the lot also includes a 700 SF structure (currently Thomas Bike Shop) that could be used for a business, converted to an ADU or garage. Business is owned/operated by sellers and can also be purchased for additional cost or building can be delivered vacant for other use. Take advantage of living in a spacious home while also running your own business or more. (Purchasing business is an option but NOT required).

Last Agent to Sell the Property

Tiffany Hoffman

eXp Realty of California, Inc. License #01976932 Listed on: 12/14/2021

eXp Realty of California, Inc.

Last Buyer's Agent

Christopher Gardner

Big Block Realty, Inc. License #01938094

Big Block Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,247

Year Built

  • Built in 2008

Lot Details

  • 5,406

Home Design

  • Composition Roof
  • Wood Siding

Additional Features

  • 2-Story Property
  • 5,406 Sq Ft Lot

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 539-302-11-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,247

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: Cedar
  • Neighborhood: South Park
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 2008
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood
  • Roof: Composition

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 539-302-11-00
  • Estimated Lot Sq Ft: 5406

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 2
  • Gross Rent Multiplier Projected: 15.6
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 1
  • Number Of Units With Refrigerator: 1
  • Number Of Units With Washers: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2021
Closed on
Jan 10, 2022
Sold by
Albright Donald A and Albright Jinna A
Bought by
Chu Robert and Chu Rachael Lauren
Seller's Agent
Tiffany Hoffman
eXp Realty of California, Inc.
Buyer's Agent
Christopher Gardner
Big Block Realty, Inc.
List Price
$1,499,000
Sold Price
$1,500,000
Premium/Discount to List
$1,000
0.07%
Current Estimated Value
$1,626,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,703
Avg. Annual Appreciation
2.05%
Original Mortgage
$1,200,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2004
Sold by
Albright Donald A
Bought by
Albright Donald A and Albright Jinna A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
4.51%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 2, 2003
Sold by
Albright Jinna A
Bought by
Albright Donald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 6, 2001
Sold by
Thomas William V and Thomas Pauline F
Bought by
Albright Donald A and Albright Jinna A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.99%
Mortgage Type
Unknown
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
Chu Robert $1,500,000 Lawyers Title
Albright Donald A -- Southland Title
Albright Donald A -- --
Albright Donald A $155,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chu Robert $1,200,000
Previous Owner Albright Donald A $630,000
Previous Owner Albright Donald A $580,700
Previous Owner Albright Donald A $102,000
Previous Owner Albright Donald A $25,000
Previous Owner Albright Donald A $475,000
Previous Owner Albright Donald A $120,000
Previous Owner Albright Donald A $60,000
Previous Owner Albright Donald A $278,000
Previous Owner Albright Donald A $100,000
Previous Owner Albright Donald A $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2022 03/02/22 Sold $1,500,000 +0.1% $460 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
12/14/2021 12/14/21 For Sale $1,499,000 -- $459 / Sq Ft
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 $19,247 $1,591,811 $955,087 $636,724
2024 $19,247 $1,560,600 $936,360 $624,240
2023 $18,820 $1,530,000 $918,000 $612,000
2022 $4,328 $349,617 $118,317 $231,300
2021 $4,296 $342,763 $115,998 $226,765
2020 $4,243 $339,249 $114,809 $224,440
2019 $4,169 $332,598 $112,558 $220,040
2018 $3,900 $326,077 $110,351 $215,726
2017 $80 $319,685 $108,188 $211,497
2016 $2,337 $193,417 $106,067 $87,350
2015 $2,303 $190,512 $104,474 $86,038
2014 $2,267 $186,781 $102,428 $84,353
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210033264

San Diego MLS

APN: 539-302-11