NOT LISTED FOR SALE

Estimated Value: $1,660,259

4 Beds
2 Baths
2,310 Sq Ft
$719/Sq Ft Est. Value

Last Sold December 10, 2019

Last sale price $1,275,000 $552 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $9,499/month

7 Days on Market

About This Home

As of December 2019

One of a kind duplex close to all essentials in Bankers Hill! Zoning will allow for professional office use and enjoy generous savings on property taxes thanks to the Mills Act for Historic Designation. It boasts an extensive list of upgrades including new exterior paint, new underground automatic irrigation, newer exterior lights, new air-conditioning/heating installed for both units, upgraded gas and electric. Each unit has hardwood floors and 2 separate garages with additional parking on site. Set in a historic location close to all the essentials, this home boasts an impressive range of updates and will delight a wide range of buyers. Zoning will allow for professional office use. You’ll enjoy generous savings on property taxes, thanks to the Mills Act for Historic Designation, while an array of attractions are within easy reach, including Downtown ball games, the San Diego Zoo, Broadway shows and Balboa Park with museums, trails, concerts and more. New exterior paint adds to the home’s curb appeal along with the replanted flowers and greenery. New underground automatic irrigation will keep them looking lush with low maintenance. The exterior lights have been recently replaced, along with outside screens on the windows and several sash windows. To ensure complete comfort, new air-conditioning and heating have been installed for both levels of the home. Gas and electric have been upgraded for new appliances. Completing the extensive list of updates are built-in wood storage and deep shelving to the garage. Each unit feels like its own separate home with hardwood floors, and 2 separate garages with additional parking on site. You will love to admire the three different fireworks displays throughout the year from Sea World, the Bay and Petco Park. Several shops are only minutes away, and you will live just 7 minutes from the airport and 9 minutes from Liberty Station. Restaurants, a large dog park and the neighborhood garden are all within easy reach. Come see...

Last Agent to Sell the Property

John Stenberg

Real Broker License #00980545 Listed on: 11/06/2019

Real Broker

Last Buyer's Agent

Trever Mortimer

Keller Williams Realty LaJolla License #01399454

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,438

Year Built

  • Built in 1925

Lot Details

  • Partially Fenced Property
  • Drip System Landscaping

Home Design

  • Rolled or Hot Mop Roof

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 5331830200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,438

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Subdivision Name Other: San Diego
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 5331830200
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Appliances: Yes
  • Levels: Two

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Roof: Rolled/Hot Mop
  • Spa: No

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas, Forced Air
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Features: Sprinklers Drip System

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 32400.00
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Jan 6, 2020
Sold by
Rotella Francis and Gin Vivian
Bought by
Rotella Francis and Gin Vivia
Seller's Agent
John Stenberg
Real Broker
Buyer's Agent
Trever Mortimer
Keller Williams Realty LaJolla
List Price
$1,275,000
Sold Price
$1,275,000
Current Estimated Value
$1,660,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,259
Avg. Annual Appreciation
4.69%
Original Mortgage
$765,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 6, 2019
Closed on
Nov 24, 2019
Sold by
Davis Stephen L
Bought by
Davis Stephen L and Davis Sara
Seller's Agent
John Stenberg
Real Broker
Buyer's Agent
Trever Mortimer
Keller Williams Realty LaJolla
List Price
$1,275,000
Sold Price
$1,275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 6, 2019
Closed on
Nov 15, 2019
Sold by
Davis Stephen L and Davis Sara
Bought by
Rotella Francis and Gin Vivian
Seller's Agent
John Stenberg
Real Broker
Buyer's Agent
Trever Mortimer
Keller Williams Realty LaJolla
List Price
$1,275,000
Sold Price
$1,275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2006
Sold by
Kerr Sara
Bought by
Davis Stephen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2006
Sold by
Mills Steven T
Bought by
Davis Stephen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2004
Sold by
Kelley Markham James and Kelley Markham Kathleen
Bought by
Mills Steven T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 1987
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
Rotella Francis -- Fidelity National Title Co
Davis Stephen L -- Fidelity National Title
Rotella Francis $1,275,000 Fidelity National Title
Davis Stephen L -- California Title Company
Davis Stephen L $1,050,000 California Title Company
Mills Steven T $895,000 First American Title
-- $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rotella Francis $630,000
Closed Rotella Francis $765,000
Previous Owner Davis Stephen $84,000
Previous Owner Davis Stephen L $100,000
Previous Owner Davis Stephen L $840,000
Previous Owner Mills Steven T $700,000
Previous Owner Kelley Markham James $173,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2019 12/10/19 Sold $1,275,000 0.0% $552 / Sq Ft
11/13/2019 11/13/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $1,275,000 -- $552 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,438 $424,315 $254,589 $169,726
2024 $5,438 $439,107 $263,464 $175,643
2023 $6,228 $520,023 $312,013 $208,010
2022 $6,359 $520,023 $312,013 $208,010
2021 $6,222 $502,211 $301,326 $200,885
2020 $5,984 $483,848 $290,308 $193,540
2019 $4,837 $389,907 $233,944 $155,963
2018 $4,502 $380,477 $228,286 $152,191
2017 $4,608 $391,199 $234,719 $156,480
2016 $4,374 $369,948 $221,969 $147,979
2015 $4,373 $369,770 $221,862 $147,908
2014 $4,510 $379,921 $227,952 $151,969
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190060258

California Regional Multiple Listing Service (CRMLS)

APN: 533-183-02