NOT LISTED FOR SALE

2420 Madison Ave San Diego, CA 92116

North Park Neighborhood

Estimated Value: $820,000 - $1,009,000

3 Beds
2 Baths
1,200 Sq Ft
$778/Sq Ft Est. Value

Last Sold April 30, 2012

Last sale price $250,000 $208 Per Sq Ft

Est. 283% increase in value since last sale

Current estimated payment $5,567/month

57 Days on Market

Highlights

  • 1-Story Property
  • Garfield Elementary Rated A-
  • Wood Siding

About This Home

As of April 2012

Duplex in University Heights. Front unit 2 bedrooms 1 bath, and back unit 1 bedroom 1 bath.

Last Agent to Sell the Property

Tonya Lennon

Mountain Trust Realty Services License #01366073 Listed on: 01/03/2012

Last Buyer's Agent

Luke Kensen

house333 License #01519602

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,816

Year Built

  • 1925

Lot Details

  • 10,454

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property

Community Details

  • 2 Units
  • Net Operating Income $11,892

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 445-073-11-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,816

Year Built

1925

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: Texas
  • Neighborhood: University Heights
  • Stories: 1 Story
  • Sale Price List Price: 0.83
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1925

Exterior Features

  • Exterior Material: Wood
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Available

Condo/Co-op/Association

  • Community: UNIVERSITY HEIGHTS
  • Manager Name: Monica Fallo
  • Manager Phone: 619-295-5525

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 445-073-11-00
  • Land Use Code: *

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 11892
  • Annual Expense Actual: 7900
  • Gross Sched Income Actual: 19800
  • Number Of Buildings: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 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
Feb 28, 2024
Sold by
Chang Vincent Hoa and Chang Theresa Hong
Bought by
Chang Family Trust and Chang
Current Estimated Value
$958,696

Purchase Details

Closed on
Jun 29, 2016
Sold by
Chang Vincent Hoa
Bought by
Chang Vincent Hoa and Chang Theresa Hong

Purchase Details

Listed on
Jan 3, 2012
Closed on
Apr 27, 2012
Sold by
Chang Vincent Hoa and Chang Vincent
Bought by
Chang Vincent Hoa
Seller's Agent
Tonya Lennon
Mountain Trust Realty Services
Buyer's Agent
Luke Kensen
house333
List Price
$300,000
Sold Price
$250,000
Premium/Discount to List
-$50,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.44%
Original Mortgage
$187,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 3, 2012
Closed on
Mar 30, 2012
Sold by
Chang Theresa Hong
Bought by
Chang Vincent
Seller's Agent
Tonya Lennon
Mountain Trust Realty Services
Buyer's Agent
Luke Kensen
house333
List Price
$300,000
Sold Price
$250,000
Premium/Discount to List
-$50,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 3, 2012
Closed on
Mar 1, 2012
Sold by
Bullockus Theodore and Bullockus Judy L
Bought by
Chang Vincent
Seller's Agent
Tonya Lennon
Mountain Trust Realty Services
Buyer's Agent
Luke Kensen
house333
List Price
$300,000
Sold Price
$250,000
Premium/Discount to List
-$50,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2006
Sold by
Nantau William and Bullockus Theodore
Bought by
Bullockus Theodore and Bullockus Judy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.29%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 28, 2002
Sold by
Bullockus Theodore
Bought by
Bullockus Theodore and Bullockus Judy L

Purchase Details

Closed on
Sep 21, 2000
Sold by
Bullockus Judy Lynn
Bought by
Bullockus Theodore

Purchase Details

Closed on
Feb 27, 1991

Purchase Details

Closed on
Aug 1, 1985
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chang Family Trust -- None Listed On Document
Chang Vincent Hoa -- None Available
Chang Vincent Hoa -- Accommodation
Chang Vincent -- Lawyers Title
Chang Vincent $250,000 Lawyers Title
Bullockus Theodore -- Chicago Title Co
Bullockus Theodore -- --
Bullockus Theodore -- Lawyers Title
-- $130,000 --
-- $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chang Vincent $187,500
Previous Owner Bullockus Theodore $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2012 04/30/12 Sold $250,000 -16.7% $208 / Sq Ft
02/29/2012 02/29/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $300,000 -- $250 / 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 $3,816 $314,000 $235,176 $78,824
2024 $3,816 $307,844 $230,565 $77,279
2023 $3,732 $301,809 $226,045 $75,764
2022 $3,632 $295,892 $221,613 $74,279
2021 $3,608 $290,091 $217,268 $72,823
2020 $3,564 $287,118 $215,041 $72,077
2019 $3,501 $281,489 $210,825 $70,664
2018 $3,274 $275,971 $206,692 $69,279
2017 $3,197 $270,561 $202,640 $67,921
2016 $3,145 $265,257 $198,667 $66,590
2015 $3,099 $261,273 $195,683 $65,590
2014 $3,051 $256,156 $191,850 $64,306
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Tonya Lennon

    Mountain Trust Realty Services

    Section Image
  • Luke Kensen

    Buyer's Agent in 2012

    Luke Kensen

    house333

    (619) 313-3200

    22 in this area

    87 Total Sales

    Section Image
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Map

Source: San Diego MLS

MLS Number: 120000400

San Diego MLS

APN: 445-073-11

California San Diego County San Diego 92116 North Park

2420 Madison Ave, San Diego, CA

This home is located at 2420 Madison Ave, San Diego, CA 92116 since 03 January 2012 and is currently estimated at $933,682, approximately $778 per square foot. This property was built in 1925. 2420 Madison Ave is a home located in San Diego County with nearby schools including Garfield Elementary, Roosevelt International Middle School, and San Diego Global Vision Academy.

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