NOT LISTED FOR SALE

Estimated Value: $864,000 - $979,000

4 Beds
3 Baths
2,075 Sq Ft
$442/Sq Ft Est. Value

Sale Details

Date Sold: March 21, 2024

Last sale price $925,000 $446 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,149 / mo

8 Days on Market

About This Home

As of March 2024

3 Homes for the price of ONE! Nestled in the heart of Lemon Grove this captivating triplex offers ample parking and room for possible future development on its oversized 9,162 Sq Ft Lot! All units have their exclusive use yards / patio areas. Layouts for 2BDRM units are practical in design with the ultimate utilization of building Sq Ft. 3 Homes for the price of ONE! Nestled in the heart of Lemon Grove this captivating triplex offers ample parking and room for possible future development on its oversized 9,162 Sq Ft Lot! All units have their exclusive use yards / patio areas. Layouts for 2BDRM units are practical in design with the ultimate utilization of building Sq Ft.

Last Agent to Sell the Property

Larry Parra

Movanti Realty License #01742337 Listed on: 02/14/2024

Last Buyer's Agent

Genie Irish

Costa Modern Properties License #01918753

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 9,148

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Property is Fully Fenced
  • Radiant Heating System

Listing and Financial Details

  • Tenant pays for trash, water
  • Assessor Parcel Number 576-140-07-00

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Berryland Community

Building Details

  • Net Operating Income $46,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Massachusetts Ave
  • Neighborhood: Lemon Grove
  • Supplement: 3 Homes for the price of ONE! Nestled in the heart of Lemon Grove this captivating triplex offers ample parking and room for possible future development on its oversized 9,162 Sq Ft Lot! All units have their exclusive use yards / patio areas. Layouts for 2BDRM units are practical in design with the ultimate utilization of building Sq Ft.
  • LP / Sq Ft: 10.87
  • Stories: 2 Story
  • Sale Price List Price: 1.01
  • Total Stories: 2
  • Year Built: 1972
  • 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: Full
  • Roof: Composition

Utilities

  • Heat Equipment: Radiant

Condo/Co-op/Association

  • Complex Name: Berryland
  • Community: LEMON GROVE

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Assessor Parcel Number: 576-140-07-00

Rental Info

  • Tenant Pays: Trash, Water

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 46800
  • Gross Rent Multiplier Actual: 19.65
  • Gross Rent Multiplier Projected: 10.87
  • Number Of Buildings: 3
  • Number Of Units With Dryers: 1
  • 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
  • Number Of Units With Washers: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Feb 7, 2024
Sold by
Bought by
Seller's Agent
Larry Parra
Movanti Realty
Buyer's Agent
Genie Irish
Costa Modern Properties
List Price
$920,000
Sold Price
$925,000
Premium/Discount to List
$5,000
0.54%
Views
271
Current Estimated Value
$917,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,691
Avg. Annual Appreciation
-0.34%
Original Mortgage
$908,245
Interest Rate
6.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 7, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,524
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 29, 2016
Sold by
Bought by

Purchase Details

Closed on
Feb 5, 1988

Purchase Details

Closed on
Oct 30, 1986
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lemon Grove, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$925,000 First American Title
$744,000 Fidelity Natl Ttl San Diego
-- None Available
$106,600 --
$97,300 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $904,730
Closed $908,245
Previous Owner $730,524
Previous Owner $100,000
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/21/2024 03/21/24 Sold $925,000 +0.5% $446 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $920,000 -- $443 / Sq Ft
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $13,409 $962,368 $382,225 $580,143
2025 $10,645 $943,499 $374,731 $568,768
2024 $10,645 $774,056 $307,433 $466,623
2023 $10,380 $758,879 $301,405 $457,474
2022 $3,682 $192,179 $76,328 $115,851
2021 $3,647 $188,412 $74,832 $113,580
2020 $3,589 $186,481 $74,065 $112,416
2019 $3,498 $182,825 $72,613 $110,212
2018 $3,415 $179,241 $71,190 $108,051
2017 $3,353 $175,728 $69,795 $105,933
2016 $3,218 $172,283 $68,427 $103,856
2015 $3,204 $169,696 $67,400 $102,296
2014 $3,099 $166,373 $66,080 $100,293
Source: Public Records

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Map

Source: San Diego MLS

MLS Number: 240003293

San Diego MLS

APN: 576-140-07

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