NOT LISTED FOR SALE

Estimated Value: $738,834 - $869,000

4 Beds
2 Baths
1,344 Sq Ft
$586/Sq Ft Est. Value

Last Sold June 07, 2019

Last sale price $499,000 $371 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,909/month

15 Days on Market

About This Home

As of June 2019

Great opportunity to own income producing property in the highly rent-able National City. This mirrored 2 unit has a front 2 BDR & 1 Bath as well as a rear 2 BDR & 1 Bath each with their own private patio and garage. A long driveway accommodates for guest parking or extra car parking. Both units are currently occupied on a month to month term. The rear unit is Section 8. Build up your San Diego property portfolio with this 2 unit property. Neighborhoods: National City Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 2213 Unit # for Unit 2: 2217 Number of Furnished Units: 0

Last Agent to Sell the Property

Alex Lombrozo

LIFE residential Inc. License #01713700 Listed on: 04/15/2019

Co-Listed By

Angela Lombrozo

LIFE residential Inc. License #01993890

Last Buyer's Agent

Klemens Ruoss

Berkshire Hathaway HomeService License #01772873

Berkshire Hathaway HomeService

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,399

Year Built

  • Built in 1951

Lot Details

  • 5,955

Home Design

  • Rolled or Hot Mop Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 1-Story Property
  • 5,955 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for trash collection, water, cable TV, electricity, grounds care
  • Assessor Parcel Number 5572203200

Community Details

Overview

  • 2 Units
  • National City

Building Details

  • Net Operating Income $31,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,399

Year Built

Built in 1951

Lot Details

0

Listing Details

  • CapRate: 6.00
  • Park Name: National City
  • Subdivision Name Other: National City
  • Zoning: R-2:MINOR
  • Property Type: Residential Income
  • Parcel Number: 5572203200
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Levels: One

Exterior Features

  • Roof: Rolled/Hot Mop

Utilities

  • Heating: Yes
  • Heating Type: Electric, Forced Air

Lot Info

  • Lot Size Sq Ft: 5955.00
  • Lot Size Acres: 0.1400

Rental Info

  • Tenant Pays: Trash Collection, Water, Cable TV, Electricity, Grounds Care

Multi Family

  • Gross Scheduled Income: 36000.00
  • Lot Size Area: 5955.0000 Square Feet
  • Net Operating Income: 31000.00
  • 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
Apr 15, 2019
Closed on
May 2, 2019
Sold by
Sdx Enterprises Ltd
Bought by
Ruoss Klemens A
Seller's Agent
Alex Lombrozo
LIFE residential Inc.
Buyer's Agent
Klemens Ruoss
Berkshire Hathaway HomeService
List Price
$499,995
Sold Price
$499,000
Premium/Discount to List
-$995
-0.2%
Current Estimated Value
$787,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,709
Avg. Annual Appreciation
7.63%
Original Mortgage
$474,050
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2011
Sold by
Federal National Mortgage Association
Bought by
Sdx Enterprises Ltd

Purchase Details

Closed on
Jan 10, 2011
Sold by
Ejanda Gregorio T and Alonzo Ejanda Marissa M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 21, 2005
Sold by
Ejanda Gregorio Takaki and Alonzo Ejanda Marissa Manalaotao
Bought by
Ejanda Gregorio T and Alonzo Ejanda Marissa M

Purchase Details

Closed on
Dec 14, 2004
Sold by
Soliven Arturo G and Soliven Faustina Q
Bought by
Ejanda Gregorio Takaki and Alonzo Ejanda Marissa Manalaotao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 2000
Sold by
Soliven Arturo G and Soliven Faustina Q
Bought by
Soliven Arturo G and Soliven Faustina Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
7.66%

Purchase Details

Closed on
Apr 16, 1996
Sold by
Soliven Arturo and Soliven Faustina
Bought by
Soliven Arturo G and Soliven Faustina Q
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
Ruoss Klemens A $499,000 Fidelity National Title
Sdx Enterprises Ltd $244,000 Servicelink
Federal National Mortgage Association $198,900 Landsafe Default Inc
Ejanda Gregorio T -- --
Ejanda Gregorio Takaki $455,000 Southland Title Company
Soliven Arturo G -- Commonwealth Land Title Co
Soliven Arturo G -- Commonwealth Land Title Co
Soliven Arturo G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruoss Klemens A $488,000
Closed Ruoss Klemens A $474,050
Previous Owner Ejanda Gregorio T $432,000
Previous Owner Ejanda Gregorio Takaki $400,000
Previous Owner Soliven Faustina Q $84,000
Previous Owner Soliven Arturo G $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2019 06/07/19 Sold $499,000 -0.2% $371 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $499,995 -- $372 / 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 $7,399 $556,639 $339,918 $216,721
2024 $7,399 $545,725 $333,253 $212,472
2023 $7,302 $535,025 $326,719 $208,306
2022 $7,279 $524,535 $320,313 $204,222
2021 $6,937 $514,251 $314,033 $200,218
2020 $6,594 $508,979 $310,813 $198,166
2019 $3,864 $274,733 $167,768 $106,965
2018 $3,842 $269,347 $164,479 $104,868
2017 $3,724 $264,066 $161,254 $102,812
2016 $3,642 $258,890 $158,093 $100,797
2015 $3,607 $255,002 $155,719 $99,283
2014 $3,473 $250,008 $152,669 $97,339
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190020625

California Regional Multiple Listing Service (CRMLS)

APN: 557-220-32