NOT LISTED FOR SALE

Estimated Value: $771,000 - $853,000

6 Beds
3 Baths
2,471 Sq Ft
$334/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $560,000 $227 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,105/month

47 Days on Market

About This Home

As of December 2020

DUPLEX with Attached Grny Flat.Tremendous cash flow potential, 2 units with an additional Grny Flat all permitted, Take advantage of the Enclosed Patio to Increase value as rent-able space or additional space for an owner/occupant. Lease out one unit and enjoy a supplement to the mortgage payment. Great property for In-home care Business (check with city). Rent out the Granny Flat and enjoy an additional stream of Income. Fruit Trees, Producing Hass Avocado and citrus trees. Retaining walls are permitted. Only 1 water meter on the property for all units, Roof has been replace 17 years ago stripped to the first layer,Updated windows, and doors, Has some deferred Maintenance, No garage door opening system, gross rent multiplier within Areas range, see attached docs,New updated disclosures within disclosure period.

Last Agent to Sell the Property

Adolfo Moreno

Terra Nova Realty License #01450980 Listed on: 07/28/2020

Last Buyer's Agent

Adolfo Moreno

Terra Nova Realty License #01709851

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,334

Year Built

  • Built in 1957

Lot Details

  • 8,076 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

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

Listing and Financial Details

  • Tenant pays for trash, cable TV, electricity, gas/propane
  • Assessor Parcel Number 587-032-11-00

Community Details

Overview

  • 3 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,334

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: E 16th Street (Alleghany)
  • Neighborhood: Paradise Hills
  • Supplement: Only 1 water meter on the property for all units, Roof has been replace 17 years ago stripped to the first layer,Updated windows, and doors, Has some deferred Maintenance, No garage door opening system, gross rent multiplier within Areas range, see attached docs,New updated disclosures within disclosure period.
  • LP / Sq Ft: 14.74
  • Stories: 1 Story
  • Sale Price List Price: 0.94
  • Total Stories: 1
  • Year Built: 1957
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco, Wood/Stucco
  • Fencing: Full
  • Roof: Composition

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: PARADISE HILLS

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Street Paved
  • Zoning: RM 1-1
  • Assessor Parcel Number: 587-032-11-00
  • Land Use Code: res
  • Estimated Lot Sq Ft: 8076
  • Estimated Number of Acres: 0.1854

Rental Info

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

Multi Family

  • No. of Units: 3
  • Annual Expense Projected: 12437
  • Gross Rent Multiplier Projected: 10.25
  • Gross Sched Income Projected: 52800
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2021
Sold by
Roberts and Melissa
Bought by
Roberts Justin
Current Estimated Value
$824,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,049
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2021
Sold by
Roberts Melissa
Bought by
Roberts Justin and Roberts Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,049
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 28, 2020
Closed on
Dec 1, 2020
Sold by
Roberts Justin
Bought by
Roberts Melissa
Seller's Agent
Adolfo Moreno
Terra Nova Realty
Buyer's Agent
Adolfo Moreno
Terra Nova Realty
List Price
$595,000
Sold Price
$560,000
Premium/Discount to List
-$35,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%
Original Mortgage
$420,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 28, 2020
Closed on
Nov 24, 2020
Sold by
Rosario Angel Manuel
Bought by
Roberts Melissa
Seller's Agent
Adolfo Moreno
Terra Nova Realty
Buyer's Agent
Adolfo Moreno
Terra Nova Realty
List Price
$595,000
Sold Price
$560,000
Premium/Discount to List
-$35,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2007
Sold by
Gutierrez Maria I and Rosario Angel M
Bought by
Rosario Angel Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
8.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 24, 2006
Sold by
Gutierrez Maria I and Gutierrez Maria L
Bought by
Gutierrez Maria I and Rosario Angel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 21, 2003
Sold by
Gutierrez Jose
Bought by
Gutierrez Maria L and Rosario Angel M

Purchase Details

Closed on
Oct 30, 2001
Sold by
Gala Carmen and Gutierrez Maria
Bought by
Gutierrez Jose and Gutierrez Maria I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
6.84%

Purchase Details

Closed on
Feb 24, 1999
Sold by
Rosario Angel M
Bought by
Gutierrez Maria

Purchase Details

Closed on
Aug 31, 1994
Sold by
Gala Peter Israel
Bought by
Gala Carmen

Purchase Details

Closed on
Oct 19, 1984
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
Roberts Justin -- Stewart Title
Roberts Justin -- None Available
Roberts Melissa -- First American Title Company
Roberts Melissa $560,000 First American Title Company
Rosario Angel Manuel -- Alliance Title
Gutierrez Maria I -- New Century Title Company
Gutierrez Maria L -- --
Gutierrez Jose -- Southland Title
Gutierrez Maria -- Commonwealth Land Title Ins
Gutierrez Maria -- Commonwealth Land Title Ins
Gala Carmen -- --
Rosario Angel Manuel -- --
-- $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roberts Justin $427,049
Previous Owner Roberts Melissa $420,000
Previous Owner Rosario Angel Manuel $0
Previous Owner Rosarlo Angel Manuel $0
Previous Owner Rosario Angel Manuel $440,000
Previous Owner Gutierrez Maria I $285,000
Previous Owner Gutierrez Jose $119,300
Previous Owner Gutierrez Jose $118,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2020 12/03/20 Sold $560,000 -5.9% $227 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $595,000 -- $241 / 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 $7,334 $606,160 $303,080 $303,080
2024 $7,334 $594,276 $297,138 $297,138
2023 $7,172 $582,624 $291,312 $291,312
2022 $6,981 $571,200 $285,600 $285,600
2021 $6,934 $560,000 $280,000 $280,000
2020 $6,720 $543,678 $230,453 $313,225
2019 $6,600 $533,019 $225,935 $307,084
2018 $6,171 $522,568 $221,505 $301,063
2017 $6,024 $512,322 $217,162 $295,160
2016 $5,928 $502,277 $212,904 $289,373
2015 $5,841 $494,733 $209,706 $285,027
2014 $5,749 $485,043 $205,599 $279,444
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200035559

San Diego MLS

APN: 587-032-11