NOT LISTED FOR SALE

Estimated Value: $757,893 - $1,023,000

3 Beds
2 Baths
1,267 Sq Ft
$692/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $454,500 $359 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,109/month

16 Days on Market

Highlights

  • Partially Fenced Property
  • 1-Story Property
  • 1-minute walk to Friendship Park

About This Home

As of May 2016

PERFECT FOR FIRST TIME INVESTOR OR OWNER OCCUPIED HOME WITH HELPER UNIT...TWO UNITS PLUS LARGE BONUS ROOM (NOT INCLUDED IN SQ.FT.) BEHIND 2 CAR GARAGE, LOCATED IN THE HEART OF CHULA VISTA, RENTS ARE CURRENTLY BELOW MARKET WITH LONG TERM MONTH TO MONTH TENANTS. DRIVE BY AND HAVE A LOOK. PLEASE DO NOT DISTURB TENANTS. WILL SHOW INTERIOR WITH ACCEPTED OFFER.

Last Agent to Sell the Property

Jim Lawson

James Lawson, Broker License #00875591 Listed on: 03/16/2016

Last Buyer's Agent

Brad Wilson

DRW Services Group, Inc. License #01518757

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,200

Year Built

  • Built in 1947

Lot Details

  • 6,665

Home Design

  • Composition Roof

Additional Features

  • 1-Story Property
  • Partially Fenced Property

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 568-041-11-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,200

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: E St.
  • Neighborhood: Chula Vista
  • Stories: 1 Story
  • Sale Price List Price: 0.91
  • Total Stories: 1
  • Year Built: 1947
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Condo/Co-op/Association

  • Community: CHULA VISTA

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 568-041-11-00
  • Land Use Code: R3
  • Map Code Column: A
  • Map Code Page: 1310
  • Map Code Row: 5

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 2
  • Gross Sched Income Actual: 26280
  • Gross Sched Income Projected: 30600
  • Number Of Buildings: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2016
Closed on
May 18, 2016
Sold by
Todal Margaret
Bought by
Todal Margaret
Seller's Agent
Jim Lawson
James Lawson, Broker
Buyer's Agent
Brad Wilson
DRW Services Group, Inc.
List Price
$498,000
Sold Price
$454,500
Premium/Discount to List
-$43,500
-8.73%
Current Estimated Value
$838,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,166
Avg. Annual Appreciation
6.69%
Original Mortgage
$175,000
Outstanding Balance
$139,913
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$688,951

Purchase Details

Listed on
Mar 16, 2016
Closed on
Apr 5, 2016
Sold by
Cardenas Samuel I and Cardenas Carla M
Bought by
Todal Margaret
Seller's Agent
Jim Lawson
James Lawson, Broker
Buyer's Agent
Brad Wilson
DRW Services Group, Inc.
List Price
$498,000
Sold Price
$454,500
Premium/Discount to List
-$43,500
-8.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$139,913
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$688,951

Purchase Details

Closed on
Jul 3, 2003
Sold by
Barros Henry
Bought by
Cardenas Samuel I and Cardenas Carla Marie

Purchase Details

Closed on
Feb 4, 1999
Sold by
Shotgun Creek Pine & Mining Co
Bought by
Barros Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,569
Interest Rate
7.2%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 2, 1993
Sold by
Marquez John S and Marquez Carole G
Bought by
Shotgun Creek Pine & Mining Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.2%

Purchase Details

Closed on
May 2, 1989
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
Todal Margaret -- None Available
Todal Margaret $454,500 First American Title
Cardenas Samuel I -- Stewart Title
Barros Henry $175,000 Chicago Title Co
Shotgun Creek Pine & Mining Company $178,500 Fidelity National Title
-- $172,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Todal Margaret $175,000
Previous Owner Cardenas Samuel I $210,055
Previous Owner Cardenas Samuel I $230,000
Previous Owner Cardenas Samuel I $318,500
Previous Owner Barros Henry $35,000
Previous Owner Barros Henry $170,570
Previous Owner Barros Henry $173,569
Previous Owner Shotgun Creek Pine & Mining Company $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2016 05/06/16 Sold $454,500 -8.7% $359 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $498,000 -- $393 / 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 $6,200 $538,028 $359,871 $178,157
2024 $6,200 $527,479 $352,815 $174,664
2023 $6,116 $517,138 $345,898 $171,240
2022 $5,940 $506,999 $339,116 $167,883
2021 $5,803 $497,059 $332,467 $164,592
2020 $5,664 $491,963 $329,058 $162,905
2019 $5,518 $482,317 $322,606 $159,711
2018 $5,433 $472,861 $316,281 $156,580
2017 $5,320 $463,590 $310,080 $153,510
2016 $4,008 $350,000 $237,000 $113,000
2015 $3,386 $295,000 $200,000 $95,000
2014 $2,939 $255,000 $173,000 $82,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 160014047

San Diego MLS

APN: 568-041-11