NOT LISTED FOR SALE

Estimated Value: $1,026,000 - $1,970,000

2 Beds
2 Baths
880 Sq Ft
$1,519/Sq Ft Est. Value

Last Sold February 03, 2022

Last sale price $865,000 $983 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $7,268/month

1 Day on Market

Highlights

  • Tankless Water Heater
  • 1-Story Property
  • Gentle Sloping Lot
  • Sessions Elementary School Rated A-
  • Partially Fenced Property
  • West of 5 Freeway

About This Home

As of February 2022

Excellent price for PB duplex - both units have been vacated, ready for your ideas. Do some improvements and reap the financial rewards. Needs some TLC, but worth the hassle. Rear has alley access, create additional off street parking. Excellent location with close proximity to Beaches, Mission Bay, Fiesta Island, Sea World. Use the newly extended trolley to get to Old Town, UCSD, UTC, Little Italy, Petco Park, Convention Center, Downtown & Gas Lamp, Mission & Fashion Valley and MORE. Owner will consider carrying financing with acceptable down payment and satisfaction of buyers credit worthiness.

Last Agent to Sell the Property

Nancy Davis

HomeSmart Realty West License #00816511 Listed on: 01/20/2022

HomeSmart Realty West

Last Buyer's Agent

Nancy Davis

HomeSmart Realty West License #00816511 Listed on: 01/20/2022

HomeSmart Realty West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,871

Year Built

  • 1951

Lot Details

  • 2,641 Sq Ft Lot
  • Partially Fenced Property
  • Gentle Sloping Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Parking

  • Alley Access
  • RV Potential

Utilities

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

Additional Features

  • 1-Story Property
  • West of 5 Freeway

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 424-062-03

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,871

Year Built

1951

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Coastal South
  • Cross Street: Noyes
  • Neighborhood: Pacific Beach
  • Stories: 1 Story
  • Sale Price List Price: 1.02
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1951

Exterior Features

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

Garage/Parking

  • Parking for RV: Potential Space

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: PACIFIC BEACH
  • Manager Name: Owner managed

Lot Info

  • Lot Size: 1-3,999 SF
  • Site: Alley Access, Curbs, Public Street, Rear Yd Str Access, West of I-5
  • Topography: Slope Gentle
  • Water District: CITY OF SAN DIEGO
  • Zoning: R-3 Restri
  • Assessor Parcel Number: 424-062-03
  • Estimated Lot Sq Ft: 2641

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 1
  • Number Of Units With Range Oven: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2023
Sold by
Pr2 Llc
Bought by
Beachslde Dev Holdings Llc
Current Estimated Value
$1,161,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,300,000
Interest Rate
7.44%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jan 20, 2022
Closed on
Jan 26, 2022
Sold by
Tefft John J and Fam Janice
Bought by
Pr2 Llc
Seller's Agent
Nancy Davis
HomeSmart Realty West
Buyer's Agent
Nancy Davis
HomeSmart Realty West
List Price
$849,900
Sold Price
$865,000
Premium/Discount to List
$15,100
1.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%
Original Mortgage
$650,000
Interest Rate
3.45%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 5, 2002
Sold by
Tefft John James
Bought by
Tefft John J and Brodeur Janice M
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
Beachslde Dev Holdings Llc -- First American Title
Pr2 Llc $865,000 Chicago Title
Tefft John J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beachside Dev Holdings Llc $535,000
Closed Beachslde Dev Holdings Llc $3,300,000
Previous Owner Pr2 Llc $650,000
Closed Pr2 Llc $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2022 02/03/22 Sold $865,000 +1.8% $983 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $849,900 -- $966 / 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 $10,871 $899,946 $795,906 $104,040
2024 $10,871 $882,300 $780,300 $102,000
2023 $10,843 $882,300 $780,300 $102,000
2022 $2,634 $213,804 $149,829 $63,975
2021 $2,616 $209,613 $146,892 $62,721
2020 $2,585 $207,464 $145,386 $62,078
2019 $2,539 $203,397 $142,536 $60,861
2018 $2,375 $199,410 $139,742 $59,668
2017 $2,319 $195,501 $137,002 $58,499
2016 $2,281 $191,668 $134,316 $57,352
2015 $2,247 $188,790 $132,299 $56,491
2014 $2,213 $185,093 $129,708 $55,385
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220001183

San Diego MLS

APN: 424-062-03