NOT LISTED FOR SALE

Estimated Value: $1,269,000 - $1,440,484

4 Beds
2 Baths
1,600 Sq Ft
$848/Sq Ft Est. Value

Last Sold May 06, 2020

Last sale price $920,000 $575 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $8,622/month

9 Days on Market

Highlights

  • City Lights View
  • Level Lot
  • 2-minute walk to Grape Street Off-Leash Area

About This Home

As of May 2020

Desirable South Park investment opportunity with this spanish-style, early 1900's duplex! Blocks from all the boutiques, cafes and restaurants that South Park is known for. These charming 2 bed/1 bath units w/ fireplace, each w/ their own garage, have newly refinished original hardwood floors & share a large backyard w/ covered patio for entertaining. Quiet, dead-end street, w/ views of golf course and downtown skyline are perfect as an owner-occupied investment.

Last Agent to Sell the Property

Liz Martin

Sunset Pacific Realty License #01758608 Listed on: 03/19/2020

Last Buyer's Agent

Matthew Hoyt

Hoyt Real Estate, Inc. License #01426139

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,064

Year Built

  • Built in 1927

Lot Details

  • 5,452 Sq Ft Lot
  • Level Lot
  • Sprinklers on Timer

Property Views

  • City Lights
  • Golf Course
  • Park or Greenbelt

Home Design

  • Rolled or Hot Mop Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas/propane, hot water
  • Assessor Parcel Number 539-142-02-00

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,064

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Grape Street
  • Neighborhood: South Park
  • Stories: 2 Story
  • Sale Price List Price: 0.86
  • Total Stories: 2
  • Year Built: 1927
  • 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
  • Roof: Rolled/Hot Mop
  • View: City, Evening Lights, Golf Course, Parklike

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: SAN DIEGO
  • Manager Name: Sunset Pacific Realty
  • Manager Phone: 619-222-4836

Lot Info

  • Irrigation: Automatic, Manual, Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R-2
  • Assessor Parcel Number: 539-142-02-00
  • Estimated Lot Sq Ft: 5452
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Map Code Column: E
  • Map Code Page: 1289
  • Map Code Row: 1

Rental Info

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

Multi Family

  • No. of Units: 2
  • Gross Rent Multiplier Projected: 17.91
  • Gross Sched Income Projected: 60000
  • Number Of Buildings: 1
  • Number Of Units With Fireplaces: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 1
  • Number Of Units With Refrigerator: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2020
Sold by
Hoyt Matthew Joseph and Hoyt Allison Marie
Bought by
Hoyt Matthew Joseph and Hoyt Allison Marie
Total Days on Market
9
Current Estimated Value
$1,356,871

Purchase Details

Listed on
Mar 19, 2020
Closed on
May 6, 2020
Sold by
Leary Chris P O
Bought by
Leary Chris P O
Seller's Agent
Liz Martin
Sunset Pacific Realty
Buyer's Agent
Matthew Hoyt
Hoyt Real Estate, Inc.
List Price
$1,075,000
Sold Price
$920,000
Premium/Discount to List
-$155,000
-14.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.88%
Original Mortgage
$736,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2020
Closed on
Apr 10, 2020
Sold by
Oleary Chris P
Bought by
Hoyt Matthew Joseph and Hoyt Allison Marie
Seller's Agent
Liz Martin
Sunset Pacific Realty
Buyer's Agent
Matthew Hoyt
Hoyt Real Estate, Inc.
List Price
$1,075,000
Sold Price
$920,000
Premium/Discount to List
-$155,000
-14.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2017
Sold by
Leary Chris P O
Bought by
Leary Chris P O

Purchase Details

Closed on
Apr 17, 2017
Sold by
Leary Chris P O
Bought by
Leary Chris P O

Purchase Details

Closed on
Oct 11, 2006
Sold by
Oleary Genevieve F
Bought by
Oleary Genevieve F

Purchase Details

Closed on
Aug 25, 1981
Sold by
Oleary John E and Oleary Genevieve F
Bought by
Oleary John E and Oleary Genevieve F
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
Hoyt Matthew Joseph -- None Available
Leary Chris P O -- Chicago Title Company
Hoyt Matthew Joseph $920,000 Chicago Title Company
Leary Chris P O -- None Available
Leary Chris P O -- None Available
Oleary Genevieve F -- None Available
Oleary John E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoyt Matthew Joseph $736,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2020 05/06/20 Sold $920,000 -14.4% $575 / Sq Ft
03/29/2020 03/29/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $1,075,000 -- $672 / 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 $12,064 $986,423 $686,208 $300,215
2023 $11,882 $948,120 $659,562 $288,558
2022 $11,566 $948,120 $659,562 $288,558
2021 $11,487 $929,530 $646,630 $282,900
2020 $1,506 $119,723 $49,827 $69,896
2019 $1,479 $117,376 $48,850 $68,526
2018 $1,385 $115,076 $47,893 $67,183
2017 $1,352 $112,820 $46,954 $65,866
2016 $1,329 $110,609 $46,034 $64,575
2015 $1,310 $108,949 $45,343 $63,606
2014 $1,290 $106,816 $44,455 $62,361
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200013672

San Diego MLS

APN: 539-142-02