NOT LISTED FOR SALE

1890 Pepper Valley Ln El Cajon, CA 92021

Estimated Value: $918,000 - $1,106,000

5 Beds
4 Baths
2,100 Sq Ft
$479/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $783,000 $373 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,161/month

119 Days on Market

Highlights

  • Partially Fenced Property
  • Santana High School Rated A-
  • 1-Story Property

About This Home

As of November 2021

REDUCED. Great duplex for investor or owner occupant. 3BR 2BA with patio, yard and 2 car garage. 2BR 2BA with 1 car garage. Both units have FA heat, Central A/C and full size laundry hook-ups. Lots of off street parking for tenants and guests. End of cul de sac. Excellent Pepper Drive location, close to schools and day care. Rents are very low for long term tenants (2007 & 2010) and haven't been raised in 5 years. New 5 year old roof and patio. Rent can be easily raised to market price. DRIVE BY ONLY, please do not disturb tenants.

Last Agent to Sell the Property

Huong Chu

My Le Realty License #01065020 Listed on: 06/08/2021

Last Buyer's Agent

Janet Greenwell

PACIFIC SOUTHWEST ASSOCIATION OF REALTOR License #00863465

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,981

Year Built

  • Built in 1979

Lot Details

  • 10,599 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Schools

  • Cajon Valley Union School District Elementary And Middle School
  • Grossmont Union High School District

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 388-260-62-00

Community Details

Pet Policy

  • Pets Allowed with Restrictions

Additional Features

  • 2 Units
  • Net Operating Income $31,281

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,981

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Pepper Drive
  • Neighborhood: County Of San Diego Tract 3572
  • Stories: 1 Story
  • Sale Price List Price: 0.98
  • Total Stories: 1
  • Year Built: 1979
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Pets Allowed: Allowed w/Restrictions
  • Community: EL CAJON

Schools

  • School District URL: http://www.guhsd.net/
  • Elementary School: Cajon Valley Union School District
  • Elementary School Website: http://www.cajonvalley.net/
  • High School: Grossmont Union High School District
  • Middle School Url: http://www.cajonvalley.net/
  • Middle School: Cajon Valley Union School District

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Assessor Parcel Number: 388-260-62-00
  • Estimated Lot Sq Ft: 10599
  • Map Code Column: A
  • Map Code Page: 1252
  • Map Code Row: 1

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 31281
  • Gross Rent Multiplier Actual: 19.68
  • 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 Garage: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Oct 29, 2021
Sold by
Greenwell Robert J and Greenwell Janet E
Bought by
Greenwell Robert J and Greenwell Janet E
Seller's Agent
Huong Chu
My Le Realty
Buyer's Agent
Janet Greenwell
PACIFIC SOUTHWEST ASSOCIATION OF REALTOR
List Price
$850,000
Sold Price
$783,000
Premium/Discount to List
-$67,000
-7.88%
Current Estimated Value
$1,002,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,114
Avg. Annual Appreciation
6.49%
Original Mortgage
$428,000
Outstanding Balance
$390,296
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$616,167

Purchase Details

Listed on
Jun 8, 2021
Closed on
Oct 11, 2021
Sold by
Nguyen Phuong Bang and Tran Cindy Tinh
Bought by
Greenwell Robert J and Greenwell Janet E
Seller's Agent
Huong Chu
My Le Realty
Buyer's Agent
Janet Greenwell
PACIFIC SOUTHWEST ASSOCIATION OF REALTOR
List Price
$850,000
Sold Price
$783,000
Premium/Discount to List
-$67,000
-7.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Outstanding Balance
$390,296
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$616,167

Purchase Details

Listed on
Sep 20, 2016
Closed on
Oct 27, 2016
Sold by
Weaver Gregory T
Bought by
Nguyen Phuong Bang and Tran Cindy Tinh
Seller's Agent
Gregory Weaver
Century 21 Affiliated
Buyer's Agent
Huong Chu
My Le Realty
List Price
$515,000
Sold Price
$515,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$360,500
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2007
Sold by
Weaver Gregory T
Bought by
Weaver Greg T and Means Tani

Purchase Details

Closed on
Jan 6, 2004
Sold by
Carpenter Zimmerman Cheryl C
Bought by
Weaver Gregory T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
5.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 29, 1996
Sold by
Davis Charles S and Davis Elaine K
Bought by
Carpenter Zimmerman Cheryl C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.95%
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
Greenwell Robert J -- Accommodation
Greenwell Robert J $783,000 Ticor Ttl Co Of Ca Sd Branch
Nguyen Phuong Bang $515,000 First American Title Company
Weaver Greg T -- None Available
Weaver Gregory T $430,000 Fidelity National Title
Carpenter Zimmerman Cheryl C $185,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greenwell Robert J $428,000
Previous Owner Nguyen Phuong Bang $360,500
Previous Owner Weaver Gregory T $258,000
Previous Owner Carpenter Zimmerman Cheryl C $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2021 11/01/21 Sold $783,000 -2.0% $373 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
10/05/2021 10/05/21 Price Changed $799,000 -1.4% $380 / Sq Ft
07/05/2021 07/05/21 Price Changed $810,000 -1.8% $386 / Sq Ft
06/21/2021 06/21/21 Price Changed $825,000 -2.9% $393 / Sq Ft
06/08/2021 06/08/21 For Sale $850,000 +65.0% $405 / Sq Ft
11/29/2016 11/29/16 Sold $515,000 0.0% -- View Prior Sale
10/09/2016 10/09/16 Pending -- -- --
09/20/2016 09/20/16 For Sale $515,000 -- --
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 $10,981 $830,923 $347,827 $483,096
2024 $10,981 $814,631 $341,007 $473,624
2023 $10,669 $798,659 $334,321 $464,338
2022 $10,463 $783,000 $327,766 $455,234
2021 $7,737 $552,180 $231,144 $321,036
2020 $7,600 $546,519 $228,774 $317,745
2019 $7,499 $535,804 $224,289 $311,515
2018 $7,310 $525,299 $219,892 $305,407
2017 $7,153 $515,000 $215,581 $299,419
2016 $6,988 $516,447 $216,187 $300,260
2015 $6,941 $508,690 $212,940 $295,750
2014 $5,497 $390,000 $161,000 $229,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210015725

San Diego MLS

APN: 388-260-62