NOT LISTED FOR SALE

Estimated Value: $534,000 - $896,000

3 Beds
1.5 Baths
1,906 Sq Ft
$396/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $358,000 $188 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $4,439/month

18 Days on Market

Highlights

  • Bonus Room
  • Laundry Room
  • Dining Room
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • 2-minute walk to Friendship Park

About This Home

As of April 2016

Tremendous investor opportunity. This single family home has 2 bedrooms and 1.5 baths, plus a huge front office room that could serve as a business storefront for a live/work property. Contained on its own parcel, it also sits adjacent to a 4-unit parcel (MLS #160006942) owned by the same seller. Seller would prefer to sell both together as they share a common driveway and parking areas. Excellent cash flow opportunity along with upside from improving highest and best use. See supplement for more info. Neighborhoods: West Chula Vista Equipment: Dryer, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL

Last Agent to Sell the Property

Ross Derrod

Derrod Properties License #01396672 Listed on: 02/08/2016

Last Buyer's Agent

Krystle Moore

Pacific Shore Capital License #01418142

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,189

Year Built

  • Built in 1935

Lot Details

  • Partially Fenced Property

Home Design

  • Composition Roof

Interior Spaces

  • 1,906 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Dining Room
  • Bonus Room

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5680411400

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,189

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: West Chula Vista
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5680411400
  • Year Built: 1935
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1906.00
  • Stories: 1
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 187.83
  • Room Type: Main Floor Bedroom, Bonus Room, Family Room, Main Floor Master Bedroom

Exterior Features

  • Patio: No
  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered, Driveway
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater, Dishwasher, Disposal, Refrigerator
  • Heating Type: Natural Gas
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, In Garage
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2016
Closed on
Mar 3, 2016
Sold by
Denning Lynda Elaine
Bought by
Gonzalez Adalberto
Seller's Agent
Ross Derrod
Derrod Properties
Buyer's Agent
Krystle Moore
Pacific Shore Capital
List Price
$358,000
Sold Price
$358,000
Total Days on Market
18
Current Estimated Value
$755,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,039
Avg. Annual Appreciation
8.60%
Original Mortgage
$268,500
Interest Rate
3.73%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Gonzalez Adalberto $358,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Adalberto $356,000
Previous Owner Gonzalez Adalberto $268,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $358,000 0.0% $188 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $358,000 -- $188 / 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
2024 $5,189 $441,072 $266,931 $174,141
2023 $5,119 $432,425 $261,698 $170,727
2022 $4,972 $423,947 $256,567 $167,380
2021 $4,857 $415,636 $251,537 $164,099
2020 $4,594 $398,508 $248,958 $149,550
2019 $4,353 $379,911 $244,077 $135,834
2018 $4,286 $372,463 $239,292 $133,171
2017 $4,197 $365,160 $234,600 $130,560
2016 $687 $57,917 $33,151 $24,766
2015 $678 $57,048 $32,654 $24,394
2014 $668 $55,932 $32,015 $23,917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160006933

California Regional Multiple Listing Service (CRMLS)

APN: 568-041-14