NOT LISTED FOR SALE

2325 Peppermint Ln Lemon Grove, CA 91945

Estimated Value: $874,000 - $1,080,000

4 Beds
2 Baths
1,344 Sq Ft
$704/Sq Ft Est. Value

Last Sold February 06, 2015

Last sale price $405,000 $301 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $5,992/month

53 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • 1-Story Property

About This Home

As of February 2015

Great investment for first time buyer or investor. Remodeled two unit property ready to move in. Unit one has been completely redone with new custom built white kitchen cabinets, granite counter tops, new Stainless Steel stove , microwave, sink down to hardware and faucets, completely remodeled bathroom with tile, new doors with new hardware, dual pane windows, new laminated flooring, new paint inside and out, new fence. and finished garage with roll-up garage door and electronic opener in both units. Neighborhoods: Berry Land Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 2327 Unit # for Unit 2: 2325 Number of Furnished Units: 0 Topography: GSL

Last Agent to Sell the Property

Estella Castillo

Coldwell Banker West License #01086928 Listed on: 10/31/2014

Coldwell Banker West

Last Buyer's Agent

Chutipa Pawasittichot

HomeSmart Realty West License #01905233

HomeSmart Realty West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,675

Year Built

  • Built in 1970

Lot Details

  • 8,189

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for sewer, trash collection, water, cable TV, electricity, gas
  • Assessor Parcel Number 4794506400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,675

Year Built

Built in 1970

Lot Details

0

Listing Details

  • CapRate: 8.00
  • Subdivision Name Other: Lemon Grove
  • View: No
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 4794506400
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Rental Info

  • Tenant Pays: Sewer, Trash Collection, Water, Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 1320.00
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2023
Sold by
Mitsumori Nicholas
Bought by
Mandujano Christopher and Mandujano Mayra
Current Estimated Value
$946,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$763,125
Outstanding Balance
$743,528
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$203,159

Purchase Details

Closed on
May 13, 2019
Sold by
Brumbach Michael Dominic
Bought by
Mitsumori Nicholas and Ma Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,400
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2014
Closed on
Jan 21, 2015
Sold by
Willer John
Bought by
Brumbach Michael Dominic
Seller's Agent
Estella Castillo
Coldwell Banker West
Buyer's Agent
Chutipa Pawasittichot
HomeSmart Realty West
List Price
$405,000
Sold Price
$405,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%
Original Mortgage
$324,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2012
Sold by
Mission Property Development Inc
Bought by
Willer John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,042
Interest Rate
3.87%
Mortgage Type
FHA

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
Jun 6, 2004
Sold by
Prevost Thomas M and Prevost Bobbi J
Bought by
Octavo Oscar A and Octavo Thelma P

Purchase Details

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

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
6.12%

Purchase Details

Closed on
Dec 27, 1999
Sold by
Kaye Gerald Q
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%
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
Mandujano Christopher $850,000 None Listed On Document
Mitsumori Nicholas $588,000 First American Title Ins Co
Brumbach Michael Dominic $405,000 Ticor Title
Willer John $235,000 Chicago Title Co
Mission Property Development Inc -- None Available
Dyer John Earl $530,000 Southland Title Company
Octavo Oscar A -- --
The T&B Prevost Living Trust -- --
Prevost Thomas M $339,000 California Title Company
Economou Joseph P $176,500 Lawyers Titl E
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mandujano Christopher $763,125
Previous Owner Mitsumori Nicholas $470,400
Previous Owner Brumbach Michael Dominic $324,000
Previous Owner Willer John $229,042
Previous Owner Dyer John Earl $424,000
Previous Owner Prevost Thomas M $271,200
Previous Owner Economou Joseph P $141,200
Closed Economou Joseph P $17,650
Closed Prevost Thomas M $33,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2015 02/06/15 Sold $405,000 0.0% $301 / Sq Ft
12/23/2014 12/23/14 Pending -- -- --
10/31/2014 10/31/14 For Sale $405,000 -- $301 / 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 $11,675 $884,338 $583,544 $300,794
2024 $11,675 $866,999 $572,102 $294,897
2023 $8,772 $630,453 $416,014 $214,439
2022 $8,727 $618,092 $407,857 $210,235
2021 $8,614 $605,973 $399,860 $206,113
2020 $8,510 $599,760 $395,760 $204,000
2019 $6,525 $436,339 $194,959 $241,380
2018 $6,376 $427,785 $191,137 $236,648
2017 $150 $419,398 $187,390 $232,008
2016 $6,046 $411,175 $183,716 $227,459
2015 $4,153 $245,598 $109,735 $135,863
2014 $4,009 $240,788 $107,586 $133,202
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 140059257

California Regional Multiple Listing Service (CRMLS)

APN: 479-450-64