NOT LISTED FOR SALE

Estimated Value: $1,304,662 - $1,434,000

3 Beds
2 Baths
972 Sq Ft
$1,435/Sq Ft Est. Value

Last Sold November 05, 2020

Last sale price $940,000 $967 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $8,623/month

6 Days on Market

Highlights

  • Tankless Water Heater
  • Community Barbecue Grill
  • 1-Story Property
  • Sessions Elementary School Rated A-
  • Partially Fenced Property

About This Home

As of November 2020

Charming remodeled beach cottages with two private decks & yards. The front unit is a 1 bed, 1 bath short-term furnished rental & back unit is a 2 bed, 1 bath. Both units feature laminate flooring & tile, updated cabinetry, gas stoves, dual pane windows, updated bathrooms, and low-maintenance private yards. The roof is also newer (3-4 yrs old). Front unit also features a tankless water heater & large picture window looking out into the front yard. Shared laundry room and 3 parking spaces off the alley.

Last Agent to Sell the Property

Marie Tolstad

Coldwell Banker Realty License #00555757 Listed on: 09/14/2020

Coldwell Banker Realty

Co-Listed By

Patrick Cohen

Coldwell Banker Realty License #01936110

Last Buyer's Agent

Suzanne Abdallah

The Oppenheim Group License #02006393

The Oppenheim Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,286

Year Built

  • Built in 1951

Lot Details

  • 3,121 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • 2 Units
  • Community Barbecue Grill
  • Net Operating Income $32,489

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 416-442-02-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,286

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Lamont St & Missouri St
  • Neighborhood: Pacifica Plaza
  • LP / Sq Ft: 21.71
  • Stories: 1 Story
  • Sale Price List Price: 0.98
  • Total Stories: 1
  • Year Built: 1951
  • Allow Comments Review: Yes
  • 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: Composition

Utilities

  • Water Heater Type: Gas, Tankless
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: PACIFIC BEACH
  • Complex Features: BBQ
  • Manager Name: Owner
  • Manager Phone: Owner

Lot Info

  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 416-442-02-00
  • Estimated Lot Sq Ft: 3121

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 32489
  • Annual Expense Actual: 10100
  • Annual Expense Projected: 12408
  • Gross Rent Multiplier Actual: 22.0
  • Gross Rent Multiplier Projected: 17.0
  • Gross Sched Income Actual: 42589
  • Gross Sched Income Projected: 56400
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 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

Listed on
Sep 14, 2020
Closed on
Oct 24, 2020
Sold by
Sallis James F and The Sallis Family Trust
Bought by
Dvorak Ondrej and Dvorak Johana
Seller's Agent
Marie Tolstad
Coldwell Banker Realty
Buyer's Agent
Suzanne Abdallah
The Oppenheim Group
List Price
$955,000
Sold Price
$940,000
Premium/Discount to List
-$15,000
-1.57%
Current Estimated Value
$1,394,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,666
Avg. Annual Appreciation
8.59%
Original Mortgage
$799,000
Outstanding Balance
$713,873
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$680,793

Purchase Details

Listed on
Sep 14, 2020
Closed on
Sep 24, 2020
Sold by
Sallis Family Trust and Sallis James F
Bought by
Dvorak Ondrej and Dvorak Johana
Seller's Agent
Marie Tolstad
Coldwell Banker Realty
Buyer's Agent
Suzanne Abdallah
The Oppenheim Group
List Price
$955,000
Sold Price
$940,000
Premium/Discount to List
-$15,000
-1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$799,000
Outstanding Balance
$713,873
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$680,793

Purchase Details

Closed on
Dec 19, 2016
Sold by
Sallis James
Bought by
Sallis James F

Purchase Details

Closed on
Jun 27, 2013
Sold by
Hmo Membership Health Plans Inc
Bought by
Sallis James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2013
Sold by
Amarsi Sallis Shemi
Bought by
Sallis James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2013
Sold by
Smollen Joseph G and Smollen Kimberly A
Bought by
Rmo Membership Health Plans Inc Defined

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2011
Sold by
Martin Betty
Bought by
Smollon Joseph G and Smollen Kimberly A

Purchase Details

Closed on
Feb 7, 2011
Sold by
Smootz Mary Jennie and Smootz Claude D
Bought by
Smootz Claude D
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
Dvorak Ondrej $940,000 Fidelity National Title
Dvorak Ondrej $940,000 Fidelity National Title
Sallis James F -- None Available
Sallis James $680,000 Fidelity National Title Co
Sallis James -- Fidelity National Title Co
Rmo Membership Health Plans Inc Defined -- Chicago Title Company
Smollon Joseph G $395,000 Chicago Title Company
Smootz Claude D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dvorak Ondrej $799,000
Closed Dvorak Ondrej $799,000
Previous Owner Sallis James $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2020 11/05/20 Sold $940,000 -1.6% $967 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $955,000 -- $983 / 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 $12,286 $1,017,485 $876,769 $140,716
2024 $12,286 $997,535 $859,578 $137,957
2023 $12,015 $977,976 $842,724 $135,252
2022 $11,696 $958,800 $826,200 $132,600
2021 $11,616 $940,000 $810,000 $130,000
2020 $9,407 $762,204 $594,072 $168,132
2019 $9,240 $747,260 $582,424 $164,836
2018 $8,638 $732,608 $571,004 $161,604
2017 $8,433 $718,244 $559,808 $158,436
2016 $8,299 $704,162 $548,832 $155,330
2015 $8,177 $693,586 $540,589 $152,997
2014 $8,048 $680,000 $530,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200044759

San Diego MLS

APN: 416-442-02