NOT LISTED FOR SALE

164 Beech Place El Cajon, CA 92021

Estimated Value: $737,000 - $803,000

4 Beds
2 Baths
1,400 Sq Ft
$557/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $503,000 $359 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,644/month

68 Days on Market

Highlights

  • Heating System Uses Natural Gas
  • 1-Story Property
  • 1-minute walk to South Lane County Park

About This Home

As of September 2020

This duplex is unusual because it has private access to each side, from two different streets allowing each tenant their own parking, privacy and security. Additionally, all utilities are individually metered including water, which allows owner/management to pass that responsibility to the tenant. NO Termites & Septic System Repairs Completed - Reports will be provided. Walking distance to elementary school, library, and neighborhood equestrian amenities. DO NOT DISTURB TENANT AT 164 BEECH PL. Both units have large patio/front porch: 20'x8'. Same interior floorplan for each unit. Kitchen: 10'x11' Living Room: 13'x13' Bedroom#1: 10'x13' Bedroom#2: 10'x11' Laundry Room: 7'x7' Neighborhoods: Crest - Suncrest Other Fees: 0 Sewer: Septic Installed Unit # for Unit 1: 1 Unit # for Unit 2: 2 Unit 1 Parking Spaces: 6 Unit 2 Parking Spaces: 6 Unit 3 Parking Spaces: 0 Unit 4 Parking Spaces: 0 Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Dan Dellaripa

Four Cities Realty License #00407216 Listed on: 05/28/2020

Last Buyer's Agent

Sebastian Alvarado

RE/MAX Tidal License #02102050

RE/MAX Tidal

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 0.42

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • 1-Story Property
  • 0.42 Acre Lot

Community Details

  • 2 Units
  • Net Operating Income $26,863

Listing and Financial Details

  • Tenant pays for trash collection, water, electricity, gas
  • Assessor Parcel Number 5092730500

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0.42 Acres

Listing Details

  • CapRate: 5.50
  • Subdivision Name Other: El Cajon
  • Zoning: RR
  • Property Type: Residential Income
  • Parcel Number: 5092730500
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas

Lot Info

  • Lot Size Sq Ft: 18099.00
  • Lot Size Acres: 0.4200

Rental Info

  • Tenant Pays: Trash Collection, Water, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 31140.00
  • Lot Size Area: 18099.0000 Square Feet
  • Net Operating Income: 26863.00
  • Number Of Units Total: 2
  • Number With Patio: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Aug 5, 2020
Sold by
Garcia Daniel M and Garcia David R
Bought by
Mcsherry Joshua
Seller's Agent
Dan Dellaripa
Four Cities Realty
Buyer's Agent
Sebastian Alvarado
RE/MAX Tidal
List Price
$488,000
Sold Price
$503,000
Premium/Discount to List
$15,000
3.07%
Current Estimated Value
$780,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,473
Avg. Annual Appreciation
8.39%
Original Mortgage
$486,212
Outstanding Balance
$429,359
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$351,114

Purchase Details

Closed on
Dec 17, 1996
Sold by
Garcia Miguel R
Bought by
Garcia Miguel Ramos and Garcia Maria H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcsherry Joshua $503,000 First American Title Ins Co
Garcia Miguel Ramos -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcsherry Joshua $486,212
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2020 09/03/20 Sold $503,000 +3.1% $359 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $488,000 -- $349 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,489 $544,462 $313,905 $230,557
2024 $7,489 $533,787 $307,750 $226,037
2023 $7,291 $523,321 $301,716 $221,605
2022 $7,158 $513,060 $295,800 $217,260
2021 $7,044 $503,000 $290,000 $213,000
2020 $1,748 $66,066 $25,747 $40,319
2019 $1,734 $64,772 $25,243 $39,529
2018 $1,696 $63,503 $24,749 $38,754
2017 $1,662 $62,259 $24,264 $37,995
2016 $1,608 $61,039 $23,789 $37,250
2015 $1,604 $60,123 $23,432 $36,691
2014 $1,570 $58,946 $22,973 $35,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200024263

California Regional Multiple Listing Service (CRMLS)

APN: 509-273-05

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