NOT LISTED FOR SALE

2140 Drescher St Unit 42 San Diego, CA 92111

Linda Vista Neighborhood

Estimated Value: $975,000 - $1,100,000

2 Beds
2 Baths
1,200 Sq Ft
$854/Sq Ft Est. Value

Last Sold December 19, 2016

Last sale price $548,950 $457 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $6,055/month

5 Days on Market

Highlights

  • RV Access or Parking
  • Level Lot
  • 1-Story Property
  • Partially Fenced Property
  • Wood Siding
  • 5-minute walk to Kelly Street Neighborhood Park

About This Home

As of December 2016

COMPLETELY REMODELED DUPLEX IN ABSOLUTE MINT CONDITION! NO DEFERRED MAINTENANCE HERE! NEW ROOF, MODERN DUAL PANE WINDOWS, NEW/NEWER WATER HEATERS & HEATING. BOTH UNITS HAVE NEW KITCH & BATH, HAND TEXT CEILINGS, REFINISHED HARDWD FLOORS, NEW FLOORING IN KITCH AND BATHS, FANS AND WINDOW COVERINGS. 2140 HAS LARGE ENCLOSED PATIO ROOM (not in sf) AND LARGE STORAGE SHED IN BACK. OFF STREET PARKING FOR BOTH UNITS. NEWLY REVITALIZED LANDSCAPE IN FRONT WITH AUTO SPRINKLERS. TENANTS PAY ALL UTILITIES (INCL H2O)!

Last Agent to Sell the Property

Brian Gafford

Pacific Southwest Brokers License #01146771 Listed on: 11/05/2016

Last Buyer's Agent

Natalie Cardenas

United Real Estate San Diego License #01217576

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,771

Year Built

  • Built in 1941

Lot Details

  • 7,750 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Parking

  • Alley Access
  • RV Access or Parking

Utilities

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

Additional Features

  • 1-Story Property
  • Sprinklers on Timer

Community Details

  • 2 Units
  • Net Operating Income $24,418

Listing and Financial Details

  • Tenant pays for sewer, water, cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 431-410-15-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,771

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro
  • Cross Street: Tait
  • Neighborhood: Linda Vista
  • LP / Sq Ft: 18.78
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1941
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Brick, Stucco, Wood
  • Fencing: Partial
  • Roof: Composition

Garage/Parking

  • Parking for RV: On-Site Parking

Utilities

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

Condo/Co-op/Association

  • Community: LINDA VISTA
  • Manager Name: Owner

Lot Info

  • Irrigation: Automatic, Drip, Sprinklers
  • Lot Size: 7,500-10,889 SF
  • Site: Alley Access, Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 431-410-15-00
  • Land Use Code: R-2
  • Estimated Lot Sq Ft: 7750
  • Estimated Number of Acres: 0.18

Rental Info

  • Tenant Pays: Sewer, Water, Cable TV, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 24418
  • Annual Expense Actual: 5462
  • Annual Expense Projected: 5462
  • Gross Rent Multiplier Actual: 18.4
  • Gross Rent Multiplier Projected: 15.8
  • Gross Sched Income Actual: 29880
  • Gross Sched Income Projected: 34750
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Patios: 2
  • 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
Nov 5, 2016
Closed on
Dec 2, 2016
Sold by
Donway
Bought by
Bautista David and Bautista Allison
Seller's Agent
Brian Gafford
Pacific Southwest Brokers
Buyer's Agent
Natalie Cardenas
United Real Estate San Diego
List Price
$549,900
Sold Price
$548,950
Premium/Discount to List
-$950
-0.17%
Current Estimated Value
$979,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,102
Avg. Annual Appreciation
7.73%
Original Mortgage
$411,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 5, 2016
Closed on
Nov 9, 2016
Sold by
Ellsworth Investment
Bought by
Donway
Seller's Agent
Brian Gafford
Pacific Southwest Brokers
Buyer's Agent
Natalie Cardenas
United Real Estate San Diego
List Price
$549,900
Sold Price
$548,950
Premium/Discount to List
-$950
-0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2013
Sold by
Gafford Brian D and Samala Jemma R
Bought by
Gafford Brian D

Purchase Details

Closed on
Jul 16, 2002
Sold by
Gafford Wayne A and New Donna M
Bought by
Gafford Brian D and Samala Jemma R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.19%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 7, 1986
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
Bautista David $550,000 Chicago Title Company
Donway $323,000 Chicago Title Company
Ellsworth Investments -- Chicago Title Company
Gafford Brian D -- None Available
Gafford Brian D $280,000 New Century Title Company
Gafford Wayne A -- New Century Title Company
-- $42,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bautista Family Trust $665,000
Closed Bautista David $398,000
Closed Bautista David $411,000
Previous Owner Gafford Brian D $220,000
Previous Owner Gafford Brian D $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2016 12/19/16 Sold $548,950 -0.2% $457 / Sq Ft
11/10/2016 11/10/16 Pending -- -- --
11/05/2016 11/05/16 For Sale $549,900 -- $458 / 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 $7,771 $638,255 $524,482 $113,773
2024 $7,771 $625,742 $514,199 $111,543
2023 $7,600 $613,473 $504,117 $109,356
2022 $7,397 $601,445 $494,233 $107,212
2021 $7,341 $589,653 $484,543 $105,110
2020 $7,247 $583,608 $479,575 $104,033
2019 $7,115 $572,166 $470,172 $101,994
2018 $6,654 $560,948 $460,953 $99,995
2017 $6,497 $549,950 $451,915 $98,035
2016 $4,078 $342,436 $281,393 $61,043
2015 $4,018 $337,294 $277,167 $60,127
2014 $3,956 $330,688 $271,738 $58,950
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Brian Gafford

    Pacific Southwest Brokers

    (858) 623-2000

    1 in this area

    9 Total Sales

    Section Image

  • N

    Buyer's Agent in 2016

    Natalie Cardenas

    United Real Estate San Diego

    Section Image
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Map

Source: San Diego MLS

MLS Number: 160059871

San Diego MLS

APN: 431-410-15

California San Diego County San Diego 92111 Linda Vista

2140 Drescher St Unit 42, San Diego, CA

This home is located at 2140 Drescher St Unit 42, San Diego, CA 92111 since 05 November 2016 and is currently estimated at $1,024,985, approximately $854 per square foot. This property was built in 1941. 2140 Drescher St Unit 42 is a home located in San Diego County with nearby schools including Carson Elementary School, Montgomery Middle School, and Empower Language Academy.

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