NOT LISTED FOR SALE

1703 & 1703 1/2 W Walnut Ave San Diego, CA 92103

Middletown Neighborhood

Estimated Value: $1,156,000 - $1,487,000

2 Beds
2 Baths
-- Sq Ft
0.61 Acres

Last Sold June 13, 2013

Last sale price $490,000

Est. 158% increase in value since last sale

Current estimated payment $7,591/month

22 Days on Market

Highlights

  • Bay View
  • Grant K-8 Rated A-
  • Property is Fully Fenced

About This Home

As of June 2013

This gem of a property is tucked away just above India St. offers Bay & Downtown skyline Views (upper unit). Several recent upgrades incl. Dual Pane Windows & Stucco. Extensive Trex decking & Updated Kitchen in the upper unit. 1+ car Garage w/ Laundry. Lower unit is quaint, has a skyline view and a private little yard. Basement/Sub. area for additional storage. This is a desirable little property with a lot to offer! Showings through listing agent due to dogs. Need at least 48 hrs. notice.

Last Agent to Sell the Property

Russell Elrod

Berkshire Hathaway HomeServices California Properties License #00949434 Listed on: 03/21/2013

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Russell Elrod

Berkshire Hathaway HomeServices California Properties License #00949434 Listed on: 03/21/2013

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,300

Year Built

  • 1937

Lot Details

  • Property is Fully Fenced
  • Steep Slope

Property Views

  • Bay
  • City Lights

Home Design

  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 451-451-10-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • Net Operating Income $23,537

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,300

Year Built

1937

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: Columbia St.
  • Neighborhood: Middletown
  • Stories: 2 Story
  • Sale Price List Price: 0.95
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1937

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • View: Bay, City, Evening Lights

Utilities

  • Sewer/Septic: Sewer Connected

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: MIDDLETOWN

Schools

  • School District URL: https://www.sandiegounified.org/

Lot Info

  • Lot Size: 1-3,999 SF
  • Topography: Slope Steep
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 451-451-10-00
  • Land Use Code: Res

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 23537
  • Annual Expense Actual: 7562
  • Gross Rent Multiplier Actual: 16.5
  • Gross Sched Income Actual: 31200
  • Number Of Buildings: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2013
Closed on
May 24, 2013
Sold by
Petty Claude A
Bought by
Hagle David
Seller's Agent
Russell Elrod
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Russell Elrod
Berkshire Hathaway HomeServices California Properties
List Price
$515,000
Sold Price
$490,000
Premium/Discount to List
-$25,000
-4.85%
Current Estimated Value
$1,264,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$774,355
Avg. Annual Appreciation
8.37%
Original Mortgage
$367,500
Outstanding Balance
$261,213
Interest Rate
3.32%
Mortgage Type
New Conventional
Estimated Equity
$1,041,320

Purchase Details

Closed on
Feb 4, 2008
Sold by
Petty Claude A
Bought by
Petty Claude

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
5.85%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 8, 2005
Sold by
Petty Claude
Bought by
Petty Claude A

Purchase Details

Closed on
Aug 9, 1995
Sold by
Home Svgs Of America
Bought by
Petty Claude

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 1995
Sold by
Morgan E A
Bought by
Home Svgs Of America

Purchase Details

Closed on
Dec 16, 1994
Sold by
Morgan E A
Bought by
Home Svgs Of America Fsb

Purchase Details

Closed on
May 10, 1994
Sold by
Morgan E A
Bought by
Boston Harbor Corp

Purchase Details

Closed on
Apr 22, 1994
Sold by
Morgan Jacquelyn
Bought by
Morgan Edward A

Purchase Details

Closed on
May 24, 1990
Source: Public Records

Range of Values:

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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
Hagle David $490,000 Fidelity National Title San
Petty Claude -- Stewart Title Company
Petty Claude A -- Stewart Title Company
Petty Claude A -- --
Petty Claude $167,000 Stewart Title Company
Home Svgs Of America $162,000 --
Home Svgs Of America Fsb $162,000 World Title Company
Boston Harbor Corp -- --
Morgan Edward A -- --
-- $279,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hagle David $49,000
Open Hagle David $367,500
Previous Owner Petty Claude $405,000
Previous Owner Petty Claude $395,500
Previous Owner Petty Claude $178,400
Previous Owner Petty Claude $178,500
Previous Owner Petty Claude $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2013 06/13/13 Sold $490,000 -4.9% --
04/11/2013 04/11/13 Pending -- -- --
03/20/2013 03/20/13 For Sale $515,000 -- --
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 $7,300 $603,389 $513,544 $89,845
2024 $7,300 $591,559 $503,475 $88,084
2023 $7,139 $579,960 $493,603 $86,357
2022 $6,949 $568,589 $483,925 $84,664
2021 $6,902 $557,441 $474,437 $83,004
2020 $6,819 $551,726 $469,573 $82,153
2019 $6,697 $540,909 $460,366 $80,543
2018 $6,262 $530,304 $451,340 $78,964
2017 $83 $519,907 $442,491 $77,416
2016 $6,015 $509,714 $433,815 $75,899
2015 $5,927 $502,058 $427,299 $74,759
2014 $5,834 $492,224 $418,929 $73,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 130014223

San Diego MLS

APN: 451-451-10