NOT LISTED FOR SALE

1848 Kearney Ave San Diego, CA 92113

Logan Heights Neighborhood

Estimated Value: $855,000 - $924,000

4 Beds
2 Baths
450 Sq Ft
$2,000/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $538,500 $1,197 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,498/month

15 Days on Market

Highlights

  • RV Access or Parking
  • Property is Fully Fenced
  • Level Lot

About This Home

As of June 2018

Centrally located, turn-key duplex in the UP-AND-COMING area of Barrio Logan. This City has recently gone through some amazing City improvements, slowly transforming into a stunning, walk-able urban like neighborhood. Duplex is located only 2 blocks from Chicano Park and 4 blocks from the newly developed $80 million dollar 'Mercado del Barrio' restaurant district! A brisk 1 mile walk to Petco Park and Downtown's Gaslamp quarter, make this duplex one the hottest new listings in Barrio Logan. 49 million dollar new campus 'Cesar E Chavez campus' was built in 2015, comprising of a 67,924 sqft educational facility for future healthcare careers. The new campus has brought in thousands of new students to the area, job opps for the locals and income to the neighborhood retail shops.

Last Agent to Sell the Property

Alexander Garcia

eXp Realty of California, Inc. License #01493978 Listed on: 05/13/2018

eXp Realty of California, Inc.

Last Buyer's Agent

Richard Woods

Woods Real Estate Services Inc License #01412706

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,115

Year Built

  • Built in 1950

Lot Details

  • 5,754 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Parking

  • RV Access or Parking

Home Design

  • Composition Roof
  • Stucco Exterior

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for sewer, trash, water, electricity, gas/propane, hot water
  • Assessor Parcel Number 538-090-24-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,115

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: Cesar E. Chavez Pkwy
  • Neighborhood: Barrio Logan
  • Supplement: 49 million dollar new campus 'Cesar E Chavez campus' was built in 2015, comprising of a 67,924 sqft educational facility for future healthcare careers. The new campus has brought in thousands of new students to the area, job opps for the locals and income to the neighborhood retail shops.
  • LP / Sq Ft: 17.23
  • Sale Price List Price: 0.93
  • Year Built: 1950
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Garage/Parking

  • Parking for RV: On-Site Parking

Utilities

  • Security: Security Bars
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: LOGAN HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Zoning: R-4:MULTIP
  • Assessor Parcel Number: 538-090-24-00
  • Estimated Lot Sq Ft: 5754
  • Estimated Number of Acres: 0.13
  • Map Code Column: C
  • Map Code Page: 1289
  • Map Code Row: 5

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Annual Expense Projected: 3000
  • Gross Sched Income Projected: 36600
  • Number Of Buildings: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2020
Sold by
Struiksma Seth and Persson Erik
Bought by
Persson Erik
Current Estimated Value
$900,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 13, 2018
Closed on
Jun 15, 2018
Sold by
Rodriguez Marco Antonio
Bought by
Struiksma Seth and Persson Erik
Seller's Agent
Alexander Garcia
eXp Realty of California, Inc.
Buyer's Agent
Richard Woods
Woods Real Estate Services Inc
List Price
$535,000
Sold Price
$538,500
Premium/Discount to List
$3,500
0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
Original Mortgage
$511,575
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2014
Sold by
Murillo Luis and Murillo Luis V
Bought by
Rodriguez Marco Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 24, 2010
Sold by
Garcia Norma
Bought by
Murillo Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,870
Interest Rate
4.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 2010
Sold by
Garcia Norma and Arroyo Jose A
Bought by
Garcia Norma

Purchase Details

Closed on
Feb 6, 2008
Sold by
Garcia Norma and Arroyo Jose A
Bought by
Garcia Norma and Arroyo Jose A

Purchase Details

Closed on
Jul 31, 2007
Sold by
Garcia Norma
Bought by
Garcia Norma and Arroyo Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 2007
Sold by
Rocha Nora
Bought by
Garcia Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 27, 2005
Sold by
Rocha Nora and Galvan Nora
Bought by
Rocha Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 8, 2003
Sold by
Galvan Luis E and Galvan Nora
Bought by
Galvan Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 11, 2002
Sold by
Rocha Rosario
Bought by
Galvan Luis E and Galvan Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
9.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 6, 1988

Purchase Details

Closed on
May 5, 1983
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
Persson Erik -- Timios Title A Ca Corp
Struiksma Seth $538,500 Ticor Title San Diego Branch
Rodriguez Marco Antonio $350,000 Fidelity National Title Co
Murillo Luis $180,000 First American Title Company
Garcia Norma -- None Available
Garcia Norma -- None Available
Garcia Norma -- None Available
Garcia Norma -- First American Title Co
Garcia Norma $580,000 First American Title Co
Rocha Nora -- First American Title Co
Galvan Nora -- Fidelity National Title
Galvan Luis E -- Commerce Title Company
-- $95,000 --
-- $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Persson Erik $591,000
Closed Persson Erik $605,000
Closed Struiksma Seth $600,000
Closed Struiksma Seth $511,575
Previous Owner Rodriguez Marco Antonio $262,500
Previous Owner Murillo Luis $183,870
Previous Owner Garcia Norma $464,000
Previous Owner Rocha Nora $315,000
Previous Owner Galvan Nora $232,000
Previous Owner Galvan Luis E $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $538,500 -7.0% $1,197 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
05/24/2018 05/24/18 Price Changed $579,000 +8.2% $1,287 / Sq Ft
05/13/2018 05/13/18 For Sale $535,000 +52.9% $1,189 / Sq Ft
12/02/2014 12/02/14 Sold $350,000 0.0% $205 / Sq Ft
09/03/2014 09/03/14 Pending -- -- --
08/11/2014 08/11/14 For Sale $350,000 -- $205 / 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 $7,115 $587,966 $360,981 $226,985
2024 $7,115 $576,438 $353,903 $222,535
2023 $6,958 $565,136 $346,964 $218,172
2022 $6,773 $554,056 $340,161 $213,895
2021 $6,727 $543,193 $333,492 $209,701
2020 $6,923 $560,253 $320,147 $240,106
2019 $6,800 $549,269 $313,870 $235,399
2018 $4,375 $369,691 $211,253 $158,438
2017 $4,271 $362,443 $207,111 $155,332
2016 $4,203 $355,337 $203,050 $152,287
2015 $4,141 $350,000 $200,000 $150,000
2014 $2,249 $188,119 $99,878 $88,241
Source: Public Records

Agents Affiliated with this Home

  • Alexander Garcia

    Seller's Agent in 2018

    Alexander Garcia

    eXp Realty of California, Inc.

    (619) 520-6402

    1 in this area

    29 Total Sales

    Alexander Garcia
    Section Image
  • Richard Woods

    Buyer's Agent in 2018

    Richard Woods

    Woods Real Estate Services Inc

    (619) 347-9866

    84 Total Sales

    Richard Woods
    Section Image
  • Nora Rocha

    Seller's Agent in 2014

    Nora Rocha

    Coldwell Banker West

    (619) 251-9055

    18 Total Sales

    Nora Rocha
    Section Image

  • E

    Buyer's Agent in 2014

    Eric Jesperson

    Eric Jesperson

    Section Image
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Map

Source: San Diego MLS

MLS Number: 180025503

San Diego MLS

APN: 538-090-24

California San Diego County San Diego 92113 Logan Heights

1848 Kearney Ave, San Diego, CA

This home is located at 1848 Kearney Ave, San Diego, CA 92113 since 13 May 2018 and is currently estimated at $900,172, approximately $2,000 per square foot. This property was built in 1950. 1848 Kearney Ave is a home located in San Diego County with nearby schools including Burbank Elementary School, Logan Memorial Educational Campus, and Albert Einstein Academy Charter Middle.

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