NOT LISTED FOR SALE

Estimated Value: $1,089,642 - $1,244,000

5 Beds
2 Baths
1,600 Sq Ft
$731/Sq Ft Est. Value

Last Sold May 09, 2016

Last sale price $677,000 $423 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $7,205/month

7 Days on Market

About This Home

As of May 2016

RARE South Park Duplex with BELOW MARKET rents! WELL­MAINTAINED with HUGE UPSIDE potential­ 3bed & 2bed units! Tenants are EXCELLENT. This Mid­Century duplex is just a short walk to the park, restaurants, bars & more! Located on a quiet street w/ plenty of street parking. On­site laundry, laminate wood floors, & more! MUST SEE in person to appreciate! ***PLEASE DO NOT DISTURB TENANTS OR ENTER PROPERTY

Last Agent to Sell the Property

Lawrence Dy

Dycor Realty Inc. License #01749497 Listed on: 04/01/2016

Last Buyer's Agent

Greg Robertson

Class Realty Group License #01978303

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,599

Year Built

  • Built in 1950

Lot Details

  • 3,311 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 539-306-17-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,599

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: Elm
  • Neighborhood: South Park
  • LP / Sq Ft: 456.36
  • Stories: 1 Story
  • Sale Price List Price: 0.99
  • Total Stories: 1
  • Year Built: 1950
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial

Condo/Co-op/Association

  • Community: SAN DIEGO

Lot Info

  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 539-306-17-00
  • Estimated Lot Sq Ft: 3311
  • Estimated Number of Acres: 0.076

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Gross Rent Multiplier Actual: 17.03
  • Gross Rent Multiplier Projected: 14.27
  • Gross Sched Income Actual: 40200
  • Gross Sched Income Projected: 48000
  • Number Of Buildings: 1
  • Number Of Units With Dryers: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2018
Sold by
Lynch Kyle Patrick and Carothers Margaret Louise
Bought by
Lynch Kyle Patrick and Lynch Margaret Carothers
Current Estimated Value
$1,169,911

Purchase Details

Listed on
Apr 1, 2016
Closed on
Apr 12, 2016
Sold by
Arkin Michael
Bought by
Lynch Kyle Patrick and Carothers Margaret Louise
Seller's Agent
Lawrence Dy
Dycor Realty Inc.
Buyer's Agent
Greg Robertson
Class Realty Group
List Price
$685,000
Sold Price
$677,000
Premium/Discount to List
-$8,000
-1.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$541,600
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2012
Sold by
Elwardani Renata H
Bought by
Arkin Michael

Purchase Details

Closed on
Jan 20, 2000
Sold by
David Cole Hatchard
Bought by
Elwardani Renata H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,450
Interest Rate
7.96%

Purchase Details

Closed on
Jul 15, 1988

Purchase Details

Closed on
Aug 1, 1984
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
Lynch Kyle Patrick -- None Available
Lynch Kyle Patrick $677,000 First American Title Co
Arkin Michael -- None Available
Elwardani Renata H $175,000 Benefit Land Title
-- $101,500 --
-- $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Kyle Patrick $520,500
Closed Lynch Kyle Patrick $107,500
Closed Lynch Kyle Patrick $541,600
Previous Owner Elwardani Renata H $280,000
Previous Owner Elwardani Renata H $187,500
Previous Owner Elwardani Renata H $157,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2016 05/09/16 Sold $677,000 -1.2% $423 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $685,000 -- $428 / 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 $9,599 $801,421 $360,993 $440,428
2024 $9,599 $785,708 $353,915 $431,793
2023 $9,385 $770,303 $346,976 $423,327
2022 $9,134 $755,200 $340,173 $415,027
2021 $9,070 $740,393 $333,503 $406,890
2020 $8,959 $732,802 $330,084 $402,718
2019 $8,798 $718,434 $323,612 $394,822
2018 $8,224 $704,348 $317,267 $387,081
2017 $80 $690,539 $311,047 $379,492
2016 $2,698 $227,197 $102,339 $124,858
2015 $2,658 $223,785 $100,802 $122,983
2014 $2,617 $219,402 $98,828 $120,574
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 160017178

San Diego MLS

APN: 539-306-17