NOT LISTED FOR SALE

1844 Felton St San Diego, CA 92102

South Park Neighborhood

Estimated Value: $1,141,000 - $1,488,000

5 Beds
2 Baths
1,500 Sq Ft
$845/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $1,100,000 $733 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,864/month

14 Days on Market

About This Home

As of December 2021

A charming duplex located in the iconic neighborhood of South Park. Both units were upgraded in 2018 and prior to longer-term tenancy; the rear unit was operated as an AirBnB while the front unit was used by the owner. The property has everything an owner/tenant needs; parking, laundry hook-ups, private yards/patios and entry. Perfect fit for an owner-user or value-add investor to take advantage of rental upside. There could be potential to add additional square footage or Accessory Dwelling Unit. Property is located on a desirable corner lot.

Last Agent to Sell the Property

Peter Deluca

SVN Vanguard License #02010070 Listed on: 11/02/2021

SVN Vanguard

Co-Listed By

Thomas McCartin

Marcus & Millichap License #01427348

Last Buyer's Agent

Peter Deluca

SVN Vanguard License #02010070 Listed on: 11/02/2021

SVN Vanguard

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,090

Year Built

  • Built in 1953

Lot Details

  • 6,226 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced

Home Design

  • Stucco Exterior

Schools

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

Additional Features

  • 1-Story Property
  • Separate Water Meter

Community Details

  • 2 Units
  • Net Operating Income $36,285

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 539-254-13-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,090

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: Felton Street and Fir Street
  • Neighborhood: South Park
  • Stories: 1 Story
  • Sale Price List Price: 1.08
  • Total Stories: 1
  • Year Built: 1953
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • 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: Full, Gate

Utilities

  • Water: Meter on Property

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

  • Lot Size: 4,000-7,499 SF
  • Water District: CITY OF SAN DIEGO
  • Zoning: RS-1-7
  • Assessor Parcel Number: 539-254-13-00
  • Estimated Lot Sq Ft: 6226
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.14

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 36285
  • Annual Expense Actual: 20518
  • Gross Rent Multiplier Actual: 17.42
  • Gross Sched Income Actual: 58560
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Patios: 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

Listed on
Nov 2, 2021
Closed on
Dec 8, 2021
Sold by
Luera Max
Bought by
Bering Zachariah Breaker
Seller's Agent
Peter Deluca
SVN Vanguard
Buyer's Agent
Peter Deluca
SVN Vanguard
List Price
$1,020,000
Sold Price
$1,100,000
Premium/Discount to List
$80,000
7.84%
Current Estimated Value
$1,266,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,940
Avg. Annual Appreciation
1.77%
Original Mortgage
$880,000
Outstanding Balance
$811,326
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$363,411

Purchase Details

Closed on
Sep 23, 2008
Sold by
Lasalle Bank Na
Bought by
Luera Max

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,410
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2008
Sold by
Tapia Juan P and Alvarado Angelica A
Bought by
Lasalle Bank Na

Purchase Details

Closed on
May 19, 2005
Sold by
Bowman Vernon L
Bought by
Tapia Juan P and Alvarado Angelica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.51%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 14, 2002
Sold by
Bowman Patricia
Bought by
Bowman Vernon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Interest Rate
5.26%

Purchase Details

Closed on
Mar 24, 1999
Sold by
Krebs Steven E and Bowman Vernon L
Bought by
Bowman Vernon L

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
6.79%
Mortgage Type
VA

Purchase Details

Closed on
Oct 28, 1988

Purchase Details

Closed on
Dec 11, 1985
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
Bering Zachariah Breaker $1,100,000 Fidelity National Title
Luera Max $325,000 Chicago Title Company
Lasalle Bank Na $281,996 Fidelity National Title
Tapia Juan P $600,000 Stewart Title Of California
Bowman Vernon L -- United Title Company
Bowman Vernon L -- Southland Title
-- $124,500 --
-- $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bering Zachariah Breaker $880,000
Previous Owner Luera Max $476,250
Previous Owner Luera Max $390,000
Previous Owner Luera Max $290,100
Previous Owner Luera Max $292,410
Previous Owner Tapia Juan P $120,000
Previous Owner Bowman Vernon L $144,500
Previous Owner Bowman Vernon L $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $1,100,000 +7.8% $733 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $1,020,000 -- $680 / 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 $14,090 $1,167,328 $848,966 $318,362
2024 $14,090 $1,144,440 $832,320 $312,120
2023 $13,780 $1,122,000 $816,000 $306,000
2022 $13,413 $1,100,000 $800,000 $300,000
2021 $4,710 $386,519 $237,933 $148,586
2020 $4,652 $382,557 $235,494 $147,063
2019 $4,568 $375,057 $230,877 $144,180
2018 $4,270 $367,703 $226,350 $141,353
2017 $80 $360,494 $221,912 $138,582
2016 $4,098 $353,426 $217,561 $135,865
2015 $4,037 $348,119 $214,294 $133,825
2014 $3,972 $341,301 $210,097 $131,204
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Peter Deluca

    SVN Vanguard

    Section Image
  • Thomas McCartin

    Seller Co-Listing Agent in 2021

    Thomas McCartin

    Marcus & Millichap

    (858) 362-9376

    2 in this area

    34 Total Sales

    Thomas McCartin
    Section Image
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Map

Source: San Diego MLS

MLS Number: 210030290

San Diego MLS

APN: 539-254-13

California San Diego County San Diego 92102 South Park

1844 Felton St, San Diego, CA

This home is located at 1844 Felton St, San Diego, CA 92102 since 02 November 2021 and is currently estimated at $1,266,940, approximately $844 per square foot. This property was built in 1953. 1844 Felton St is a home located in San Diego County with nearby schools including Golden Hill Elementary School, Roosevelt International Middle School, and Mcgill School Of Success.

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