NOT LISTED FOR SALE

1708 W Montecito 4154 Stephens St San Diego, CA 92103

Mission Hills Neighborhood

Estimated Value: $1,801,096

4 Beds
2 Baths
2,226 Sq Ft
$809/Sq Ft Est. Value

Last Sold July 06, 2015

Last sale price $1,025,000 $460 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $10,265/month

15 Days on Market

Highlights

  • Corner Lot
  • Partially Fenced Property
  • Level Lot
  • Grant K-8 Rated A-

About This Home

As of July 2015

Bit of fixer in a fabulous location. Amazing potential! Good size lot. It seems that originally this was a lovely mansion, then converted to a duplex. Great opportunity to turn it back into a beautiful home again. Area views from upstairs balconies. Downstairs unit has a covered porch & a cheery sunroom. Like in all older homes, you'll find many interesting architectural detail. Peaceful Koi pond runs length of the back yard. Buyer to verify all. Do not disturb tenants. Subject to a 1031 exchange Lots of remodeling/construction in area. Seller believes the rents are low. Garages are being used for storage. Spa doesn't work. All figures are approximate. Buyer to measure and verify all. First time on the market in approximately 40 yrs. Location, location, location

Last Agent to Sell the Property

Gabrielle Benjamin

RE/MAX Associates License #00770667 Listed on: 04/24/2015

Last Buyer's Agent

Angelite Armento-McWhorter

Redfin Corporation License #01941494

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,845

Year Built

  • Built in 1934

Lot Details

  • 7,100 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Sprinklers on Timer

Home Design

  • Rolled or Hot Mop Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 443-442-06-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • Net Operating Income $33,604

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,845

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Lewis
  • Neighborhood: Mission Hills/Hillcrest
  • Supplement: Lots of remodeling/construction in area. Seller believes the rents are low. Garages are being used for storage. Spa doesn't work. All figures are approximate. Buyer to measure and verify all. First time on the market in approximately 40 yrs. Location, location, location
  • Stories: 2 Story
  • Sale Price List Price: 0.98
  • Total Stories: 2
  • Year Built: 1934
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Rolled/Hot Mop

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: MISSION HILLS
  • Manager Name: Owner

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Irrigation: Automatic
  • Lot Size: 4,000-7,499 SF
  • Site: Corner Lot, Curbs, Public Street, Sidewalks, Street Paved
  • Topography: Level, Slope Gentle
  • Water District: CITY OF SAN DIEGO
  • Zoning: 1
  • Assessor Parcel Number: 443-442-06-00
  • Land Use Code: R
  • Estimated Lot Dimensions: 90x76
  • Estimated Lot Sq Ft: 7100
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.163
  • Map Code Column: H
  • Map Code Page: 1268
  • Map Code Row: 5

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 33604
  • Annual Expense Actual: 7016
  • Gross Rent Multiplier Actual: 25.84
  • Gross Sched Income Actual: 40620
  • Gross Sched Income Projected: 43800
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Garage: 2
  • 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

Closed on
Aug 17, 2021
Sold by
Murphy Robert G and Murphy Melinda E
Bought by
Murphy Robert G and Murphy Melinda E
Current Estimated Value
$1,801,096

Purchase Details

Listed on
Apr 24, 2015
Closed on
May 18, 2015
Sold by
Carr Roger A
Bought by
The Robert G Murphy & Melinda E Murphy T
Seller's Agent
Gabrielle Benjamin
RE/MAX Associates
Buyer's Agent
Angelite Armento-McWhorter
Redfin Corporation
List Price
$1,050,000
Sold Price
$1,025,000
Premium/Discount to List
-$25,000
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%

Purchase Details

Closed on
Sep 10, 1993
Sold by
Carr Roger A
Bought by
Carr Roger A

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
7.13%
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
Murphy Robert G -- None Available
The Robert G Murphy & Melinda E Murphy T $1,025,000 Ticor Title San Diego Branch
Carr Roger A -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Robert G $548,000
Closed Murphy Robert G $300,000
Closed Murphy Robert G $300,000
Previous Owner Carr Roger A $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2015 07/06/15 Sold $1,025,000 -2.4% $460 / Sq Ft
05/07/2015 05/07/15 Pending -- -- --
04/22/2015 04/22/15 For Sale $1,050,000 -- $472 / 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 $4,845 $420,064 $219,338 $200,726
2024 $4,845 $387,233 $200,280 $186,953
2023 $4,930 $482,397 $258,623 $223,774
2022 $5,948 $482,397 $258,623 $223,774
2021 $5,750 $460,319 $245,980 $214,339
2020 $5,649 $453,042 $241,924 $211,118
2019 $5,400 $432,068 $229,926 $202,142
2018 $13,991 $1,185,410 $780,300 $405,110
2017 $12,294 $1,045,500 $765,000 $280,500
2016 $12,099 $1,025,000 $750,000 $275,000
2015 $1,021 $81,662 $42,850 $38,812
2014 -- $80,063 $42,011 $38,052
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 150022125

San Diego MLS

APN: 443-442-06