NOT LISTED FOR SALE

2317 Peppermint Ln Lemon Grove, CA 91945

Estimated Value: $834,140 - $964,000

4 Beds
2 Baths
1,600 Sq Ft
$576/Sq Ft Est. Value

Last Sold May 21, 2015

Last sale price $402,500 $252 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $5,502/month

79 Days on Market

About This Home

As of May 2015

"BACK ON MARKET "Completely rehabbed with new granite counter top, new carpet, floor tiles in kitchen, and bathroom, acoustic ceiling removed, 1 car garage attached with opener, laundry hook up in kitchen, dryer hookup in garage, two separate fenced yards. Owner is California licensed broker.

Last Agent to Sell the Property

Gary Pena

West Coast Properties License #00405807 Listed on: 01/05/2015

Last Buyer's Agent

John Salinger

John Salinger, Broker License #01463762

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,052

Year Built

  • Built in 1970

Lot Details

  • 0.29

Home Design

  • Composition Roof
  • Stucco Exterior

Utilities

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

Additional Features

  • 1-Story Property
  • Property is Fully Fenced

Community Details

  • 2 Units
  • Net Operating Income $30,600

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 479-450-59-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,052

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Mt Vernon Street
  • Neighborhood: Lemon Grove
  • Stories: 1 Story
  • Sale Price List Price: 1.01
  • Total Stories: 1
  • Year Built: 1970
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Utilities

  • Cooling: Wall/Window

Condo/Co-op/Association

  • Community: LEMON GROVE

Lot Info

  • Lot Size: .25 to .5 AC
  • Assessor Parcel Number: 479-450-59-00

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 30600
  • Annual Expense Actual: 1200
  • Gross Rent Multiplier Actual: 33600.0
  • Gross Sched Income Actual: 31800
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2023
Sold by
Toro-King Edwin
Bought by
Peralta Jose and Nunez Jose Carlos
Current Estimated Value
$922,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$748,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 5, 2015
Closed on
Apr 13, 2015
Sold by
Pena Gary G
Bought by
Toro Edwin
Seller's Agent
Gary Pena
West Coast Properties
Buyer's Agent
John Salinger
John Salinger, Broker
List Price
$399,999
Sold Price
$402,500
Premium/Discount to List
$2,501
0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%
Original Mortgage
$395,209
Interest Rate
3.63%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 9, 2012
Closed on
Aug 1, 2012
Sold by
Naac Llc
Bought by
Pena Gary G
Seller's Agent
Daughlet Ordinario
Realty Service Center
Buyer's Agent
Gary Pena
West Coast Properties
List Price
$305,000
Sold Price
$305,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%
Original Mortgage
$305,000
Interest Rate
3.63%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 17, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Naac Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
3.9%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 5, 2011
Sold by
Dyer John Earl
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Oct 23, 2006
Sold by
Dyer John Earl
Bought by
Mission Property Development Inc

Purchase Details

Closed on
Feb 22, 2005
Sold by
Prevost Thomas M and Prevost Bobbi J
Bought by
Dyer John Earl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
4.84%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 4, 2002
Sold by
Economou Joseph P and Economou Lisa Jean
Bought by
Prevost Thomas and Prevost Bobbi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
4.82%

Purchase Details

Closed on
Dec 27, 1999
Sold by
Kaye Gerald Q Tr
Bought by
Economou Joseph P and Economou Lisa Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,200
Interest Rate
3.85%

Purchase Details

Closed on
Mar 5, 1999
Sold by
Peppermint Lane Joint Venture and Nielsen James P
Bought by
Kaye Gerald Q and Kaye Beverly E

Purchase Details

Closed on
Feb 17, 1999
Sold by
Mcgregor David B
Bought by
Mcgregor David B
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
Peralta Jose $880,000 First American Title
Toro Edwin $402,500 Title365
Pena Gary G $305,000 First American Title
Naac Llc $220,000 First American Title San Die
Jpmorgan Chase Bank National Association $302,828 None Available
Mission Property Development Inc -- None Available
Dyer John Earl $530,000 Southland Title Company
Prevost Thomas $339,000 California Title Company
Economou Joseph P $177,000 Lawyers Title
Kaye Gerald Q -- Stewart Title
Mcgregor David B -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peralta Jose $748,000
Previous Owner Toro Edwin $366,321
Previous Owner Toro Edwin $366,321
Previous Owner Toro Edwin $392,246
Previous Owner Toro Edwin $395,209
Previous Owner Pena Gary Gilbert $305,000
Previous Owner Naac Llc $177,000
Previous Owner Dyer John Earl $424,000
Previous Owner Prevost Thomas $313,000
Previous Owner Prevost Thomas $271,200
Previous Owner Economou Joseph P $160,000
Previous Owner Economou Joseph P $141,200
Closed Economou Joseph P $17,650
Closed Prevost Thomas $33,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2015 05/21/15 Sold $402,500 +0.6% $252 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
01/05/2015 01/05/15 For Sale $399,999 +31.1% $250 / Sq Ft
09/21/2012 09/21/12 Sold $305,000 0.0% $191 / Sq Ft
06/13/2012 06/13/12 Pending -- -- --
06/08/2012 06/08/12 For Sale $305,000 -- $191 / 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 $7,052 $897,599 $309,004 $588,595
2024 $7,052 $474,251 $163,264 $310,987
2023 $6,890 $464,953 $160,063 $304,890
2022 $6,857 $455,837 $156,925 $298,912
2021 $6,774 $446,900 $153,849 $293,051
2020 $6,688 $442,319 $152,272 $290,047
2019 $6,578 $433,647 $149,287 $284,360
2018 $6,429 $425,145 $146,360 $278,785
2017 $150 $416,810 $143,491 $273,319
2016 $6,100 $408,638 $140,678 $267,960
2015 $4,969 $312,505 $107,583 $204,922
2014 -- $306,384 $105,476 $200,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 150000716

San Diego MLS

APN: 479-450-59