NOT LISTED FOR SALE

2390 Bancroft Dr Spring Valley, CA 91977

Estimated Value: $860,000 - $952,000

6 Beds
4 Baths
2,200 Sq Ft
$410/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $650,000 $295 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,510/month

36 Days on Market

Highlights

  • Cul-De-Sac
  • Level Lot
  • 1-Story Property
  • Property is Fully Fenced

About This Home

As of August 2021

Cosmetic fixer located at the end of a cul-de-sac. Nice floor plan. Large fenced yards. Unit B Vacant. Great opportunity for owner occupied investment.

Last Agent to Sell the Property

Cheryl Hansen-Furr

Real Innovate Realty License #01001332 Listed on: 05/16/2021

Last Buyer's Agent

Michelle Drew

Compass License #01970705

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,961

Year Built

  • Built in 1985

Lot Details

  • 7,618 Sq Ft Lot
  • Cul-De-Sac
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 503-420-37-00

Community Details

Overview

  • 2 Units

Pet Policy

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,961

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Troy
  • Neighborhood: spring valley
  • Stories: 1 Story
  • Sale Price List Price: 0.96
  • Total Stories: 1
  • Year Built: 1985
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Sewer/Septic: Sewer Connected
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Allowed w/Restrictions
  • Community: SPRING VALLEY

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Cul-De-Sac
  • Topography: Level
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 503-420-37-00
  • Estimated Lot Sq Ft: 7618
  • Estimated Number of Acres: 0.18
  • Map Code Column: A
  • Map Code Page: 1271
  • Map Code Row: 7

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 1
  • Number Of Units With Patios: 2
  • 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
May 16, 2021
Closed on
Jun 28, 2021
Sold by
Patt M Donald and M Donald Patt Trust
Bought by
Sanchez Jose G
Seller's Agent
Cheryl Hansen-Furr
Real Innovate Realty
Buyer's Agent
Michelle Drew
Compass
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Current Estimated Value
$901,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,078
Avg. Annual Appreciation
8.11%
Original Mortgage
$471,000
Outstanding Balance
$427,359
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$473,719

Purchase Details

Closed on
Mar 26, 2001
Sold by
Strachan Douglas Nicol and Strachan Dolores Jean
Bought by
Patt M Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,400
Interest Rate
8.77%

Purchase Details

Closed on
Sep 20, 1993
Sold by
Strachan Douglas Nicol and Strachan Dolores Jean
Bought by
Strachan Douglas Nicol and Strachan Dolores Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,950
Interest Rate
7.13%
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
Sanchez Jose G $650,000 First American Title Ins Co
Patt M Donald $220,500 Commonwealth Land Title
Strachan Douglas Nicol -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Jose G $471,000
Previous Owner Patt M Donald $176,400
Previous Owner Strachan Douglas Nicol $117,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2021 08/13/21 Sold $650,000 -3.7% $295 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $675,000 0.0% $307 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/16/2021 05/16/21 For Sale $675,000 -- $307 / 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 $8,961 $689,782 $220,704 $469,078
2024 $8,961 $676,258 $216,377 $459,881
2023 $8,683 $662,999 $212,135 $450,864
2022 $8,546 $650,000 $207,976 $442,024
2021 $4,560 $306,935 $98,208 $208,727
2020 $4,368 $303,788 $97,201 $206,587
2019 $4,304 $297,833 $95,296 $202,537
2018 $4,152 $291,994 $93,428 $198,566
2017 $4,032 $286,270 $91,597 $194,673
2016 $3,873 $280,657 $89,801 $190,856
2015 $3,837 $276,443 $88,453 $187,990
2014 $3,773 $271,029 $86,721 $184,308
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210013125

San Diego MLS

APN: 503-420-37