NOT LISTED FOR SALE

241 Ivy St San Diego, CA 92101

Bankers Hill Neighborhood

Estimated Value: $1,295,000 - $1,829,000

4 Beds
2 Baths
1,835 Sq Ft
$826/Sq Ft Est. Value

Last Sold July 10, 2018

Last sale price $910,000 $496 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $8,866/month

109 Days on Market

Highlights

  • Corner Lot
  • Partially Fenced Property
  • Wood Siding

About This Home

As of July 2018

Bankers Hill corner lot income units or development opportunity! Zoning is Commercial/Multi-Use CC 3-6. This property is in the middle of it all - walking distance to Balboa Park, Little Italy, the Bay and Downtown and a quick Lyft ride to the airport. Great AirBnB potential! Interiors are in GREAT SHAPE and currently rented under market value to long term tenants! This property checks the 3 most important boxes in real estate - LOCATION, LOCATION, LOCATION!

Last Agent to Sell the Property

Jen Rix

Coldwell Banker West License #01714533 Listed on: 01/25/2018

Coldwell Banker West

Last Buyer's Agent

Frank Marquez

Finest City Homes & Loans License #01916804

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,258

Year Built

  • 1925

Lot Details

  • 3,482 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Window Bars

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 533-173-12-00

Community Details

Overview

  • 2 Units
  • Bankers Hill Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $40,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,258

Year Built

1925

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Central
  • Cross Street: 3rd
  • Neighborhood: Banker's Hill
  • Stories: 2 Story
  • Sale Price List Price: 0.91
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1925

Exterior Features

  • Boat Facilities: No/Unknown
  • Exterior Material: Stucco, Wood, Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Security: Security Bars
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Forced Air Unit, Wall/Gravity

Condo/Co-op/Association

  • Complex Name: Bankers Hill
  • Pets Allowed: Yes
  • Community: SAN DIEGO
  • Manager Name: Jen Rix
  • Manager Phone: 858-922-9497

Lot Info

  • Lot Size: 1-3,999 SF
  • Site: Corner Lot, Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Zoning: CC 3-6
  • Assessor Parcel Number: 533-173-12-00
  • Land Use Code: CC36
  • Estimated Lot Sq Ft: 3482

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 40200
  • Gross Rent Multiplier Actual: 26.7
  • Gross Sched Income Actual: 40200
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 1
  • 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
Jan 6, 2021
Sold by
Vaca Eric W
Bought by
Vaca Eric and Vaca Natalie
Total Days on Market
109
Current Estimated Value
$1,439,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Outstanding Balance
$618,641
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$898,900

Purchase Details

Closed on
Jul 16, 2020
Sold by
Vaca Eric W
Bought by
Vaca Eric and Vaca Natalie

Purchase Details

Closed on
May 10, 2018
Sold by
Vaca Natalie Vanessa
Bought by
Vaca Eric W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2018
Sold by
Trapp Brian and Trapp Tonya
Bought by
Vaca Eric W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 1998
Sold by
Plummer Carla Joan
Bought by
Trapp Brian and Trapp Tonya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,650
Interest Rate
6.93%

Purchase Details

Closed on
Mar 6, 1998
Sold by
Trust Stockalper Rudolph G & Patricia A L and Stockalper Rudolph G
Bought by
Plummer Carla Joan

Purchase Details

Closed on
Feb 11, 1998
Sold by
Living Stockalper Rudolph G & Patricia A and Stockalper Rudolph G
Bought by
Plummer Carla Jane

Purchase Details

Closed on
Aug 25, 1989
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Vaca Eric -- Accommodation
Vaca Eric W -- Lawyers Title Sd
Vaca Eric W -- Lawyers Title Sd
Vaca Eric -- None Available
Vaca Eric W -- Fidelity National Title San
Vaca Eric W $910,000 Fidelity National Title
Trapp Brian $187,000 Southland Title
Plummer Carla Joan -- Southland Title
Plummer Carla Joan -- --
Plummer Carla Jane -- --
-- $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaca Eric W $690,000
Closed Vaca Eric W $689,000
Previous Owner Vaca Eric W $682,500
Previous Owner Trapp Brian $347,725
Previous Owner Trapp Brian $259,000
Previous Owner Trapp Brian $220,000
Previous Owner Trapp Brian $40,000
Previous Owner Trapp Brian $177,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2018 07/10/18 Sold $910,000 -8.8% $496 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
01/25/2018 01/25/18 For Sale $998,000 -- $544 / 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 $12,258 $1,015,118 $780,861 $234,257
2024 $12,258 $995,214 $765,550 $229,664
2023 $11,987 $975,701 $750,540 $225,161
2022 $11,669 $956,571 $735,824 $220,747
2021 $11,589 $937,816 $721,397 $216,419
2020 $11,449 $928,200 $714,000 $214,200
2019 $11,244 $910,000 $700,000 $210,000
2018 $3,059 $257,635 $137,775 $119,860
2017 $2,986 $252,584 $135,074 $117,510
2016 $2,938 $247,632 $132,426 $115,206
2015 $2,895 $243,913 $130,437 $113,476
2014 $2,850 $239,136 $127,882 $111,254
Source: Public Records

Agents Affiliated with this Home

  • Jen Rix

    Seller's Agent in 2018

    Jen Rix

    Coldwell Banker West

    (858) 922-9497

    3 Total Sales

    Section Image
  • Frank Marquez

    Buyer's Agent in 2018

    Frank Marquez

    Finest City Homes & Loans

    (619) 623-1226

    39 Total Sales

    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 180004336

San Diego MLS

APN: 533-173-12

California San Diego County San Diego 92101 Bankers Hill

241 Ivy St, San Diego, CA

This home is located at 241 Ivy St, San Diego, CA 92101 since 25 January 2018 and is currently estimated at $1,516,042, approximately $826 per square foot. This property was built in 1925. 241 Ivy St is a home located in San Diego County with nearby schools including Washington Elementary School, Roosevelt International Middle School, and Museum School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

San Diego MLS This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS.

Nearby Homes