NOT LISTED FOR SALE

Estimated Value: $971,000 - $1,157,000

4 Beds
2 Baths
1,500 Sq Ft
$707/Sq Ft Est. Value

Last Sold May 10, 2013

Last sale price $355,000 $237 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $6,382/month

9 Days on Market

Highlights

  • 1-Story Property
  • Partially Fenced Property
  • Level Lot
  • Satellite Dish

About This Home

As of May 2013

Prime location awaits you for this cozy duplex, which is just waiting to be a money-making show piece. Conveniently located minutes away from the University of San Diego and the metro areas of Fashion Valley and Mission Valley, and near the 163, 5, and 8 freeways, you can live in one side and rent the other, or rent them both, creating a nice profit center. With a little TLC this will be a gem! Buyer and buyer's agent to verify and approve all data, records, reports, inspections, title, and MLS information pertaining to property prior to removal of contingencies or close of escrow.

Last Agent to Sell the Property

Ryan Ahearn

Palisade Realty Inc License #01878842 Listed on: 02/20/2013

Palisade Realty Inc

Last Buyer's Agent

Ryan Shick

Keller Williams La Jolla License #01867987

Keller Williams La Jolla

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,349

Year Built

  • 1942

Lot Details

  • 7,584 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 431-544-07-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • Net Operating Income $10,385

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,349

Year Built

1942

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro
  • Cross Street: Ulric
  • Neighborhood: Linda Vista
  • Supplement: Buyer and buyer's agent to verify and approve all data, records, reports, inspections, title, and MLS information pertaining to property prior to removal of contingencies or close of escrow.
  • Stories: 1 Story
  • Sale Price List Price: 0.94
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1942

Exterior Features

  • Boat Facilities: No/Unknown
  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial), Satellite Dish
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: LINDA VISTA

Schools

  • School District URL: https://www.sandiegounified.org/

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Curbs, Public Street, Sidewalks, Street Paved
  • Topography: Level, Slope Steep
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 431-544-07-00
  • Land Use Code: Res
  • Estimated Lot Sq Ft: 7584

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 10385
  • Annual Expense Actual: 4165
  • Annual Expense Projected: 7856
  • Gross Rent Multiplier Actual: 24.0
  • Gross Rent Multiplier Projected: 13.0
  • Gross Sched Income Actual: 15000
  • Gross Sched Income Projected: 31620
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 1
  • 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
Feb 20, 2013
Closed on
Mar 29, 2013
Sold by
Hoang Le
Bought by
Hoang Dung D
Seller's Agent
Ryan Ahearn
Palisade Realty Inc
Buyer's Agent
Ryan Shick
Keller Williams La Jolla
List Price
$378,000
Sold Price
$355,000
Premium/Discount to List
-$23,000
-6.08%
Total Days on Market
9
Current Estimated Value
$1,060,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$705,432
Avg. Annual Appreciation
9.85%
Original Mortgage
$284,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 20, 2013
Closed on
Mar 13, 2013
Sold by
Minity Anthony
Bought by
Hoang Trung D and Hoang Dung D
Seller's Agent
Ryan Ahearn
Palisade Realty Inc
Buyer's Agent
Ryan Shick
Keller Williams La Jolla
List Price
$378,000
Sold Price
$355,000
Premium/Discount to List
-$23,000
-6.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
3.54%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Hoang Dung D -- Fidelity National Title Co
Hoang Trung D -- Fidelity National Title Co
Hoang Trung D $355,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoang Trung D $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2013 05/10/13 Sold $355,000 -6.1% $237 / Sq Ft
03/01/2013 03/01/13 Pending -- -- --
02/20/2013 02/20/13 For Sale $378,000 -- $252 / 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
2024 $5,349 $428,573 $151,525 $277,048
2023 $5,232 $420,170 $148,554 $271,616
2022 $5,092 $411,933 $145,642 $266,291
2021 $5,052 $403,857 $142,787 $261,070
2020 $4,986 $399,717 $141,323 $258,394
2019 $4,893 $391,880 $138,552 $253,328
2018 $4,578 $384,197 $135,836 $248,361
2017 $4,470 $376,665 $133,173 $243,492
2016 $4,393 $369,280 $130,562 $238,718
2015 $4,329 $363,734 $128,601 $235,133
2014 $4,262 $356,610 $126,082 $230,528
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 130008689

San Diego MLS

APN: 431-544-07