NOT LISTED FOR SALE

2570-72 Cypress Ave Lemon Grove, CA 91945

Estimated Value: $843,182 - $974,000

4 Beds
2 Baths
-- Sq Ft
10,498 Sq Ft Lot

Last Sold May 18, 2021

Last sale price $680,000

Est. 33% increase in value since last sale

Current estimated payment $5,898/month

8 Days on Market

About This Home

As of May 2021

Well cared for duplex on nearly a quarter of an acre. Back unit has large backyard area with views, front unit has large front yard area. Seperate garage for each unit. Wood flooring in both units. Large open kitchen and dining areas, concrete around most of the structure. This is a turn key income property.

Last Agent to Sell the Property

Anthony Carnevale

Carnevale Realty License #01735083 Listed on: 03/22/2021

Last Buyer's Agent

JORGE HERNANDEZ

UNITED EXECUTIVES License #01822282

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,933

Year Built

  • Built in 1969

Lot Details

  • 10,498

Home Design

  • Composition Roof

Additional Features

  • 1-Story Property
  • Partially Fenced Property

Listing and Financial Details

  • Tenant pays for water, gas/propane
  • Assessor Parcel Number 480-543-02-00

Community Details

Overview

  • 2 Units
  • Arcadia Community

Building Details

  • Net Operating Income $29,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,933

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Lemon Grove Ave
  • Neighborhood: Arcadia
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1969
  • 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: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Cooling: Central Forced Air

Condo/Co-op/Association

  • Complex Name: Arcadia
  • Community: LEMON GROVE

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Assessor Parcel Number: 480-543-02-00

Rental Info

  • Tenant Pays: Water, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 29800
  • Annual Expense Actual: 5000
  • Gross Sched Income Actual: 2900
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
May 6, 2021
Sold by
Rodriquez Manuel Rangel
Bought by
Rangel Maria
Seller's Agent
Anthony Carnevale
Carnevale Realty
Buyer's Agent
JORGE HERNANDEZ
UNITED EXECUTIVES
List Price
$679,000
Sold Price
$680,000
Premium/Discount to List
$1,000
0.15%
Total Days on Market
8
Current Estimated Value
$903,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,296
Avg. Annual Appreciation
7.26%
Original Mortgage
$667,683
Outstanding Balance
$611,478
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$291,818

Purchase Details

Closed on
Sep 10, 2009
Sold by
Leekley Nicholas
Bought by
Galipeau Joseph and Galipeau Sachiko

Purchase Details

Closed on
Jan 9, 2009
Sold by
Nelson Martina Caruso and Caruso Martina L
Bought by
Galipeau Joseph and Galipeau Sachiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,500
Interest Rate
5.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 13, 2004
Sold by
Langley Mark
Bought by
Caruso Martina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 28, 2000
Sold by
Trust 05/18/90 Berend Frank & Virginia 1990 F and Berend Virginia M
Bought by
Langley Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
7.96%

Purchase Details

Closed on
Aug 29, 2000
Sold by
Trust 05/18/90 Berend Frank & Virginia 1990 F and Berend Virginia M
Bought by
Berend Virginia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
7.96%
Source: Public Records

Similar Homes in the area

  • 2194-96 Bonita St, Lemon Grove, CA 91945

    $799,000

    • 4 Beds
    • 3 Baths
    • 1,810 Sq Ft
    • 2194-96 Bonita St
    • Lemon Grove, CA

    Two fully detached homes plus a detached bonus room—all situated on an expansive lot over 320 feet deep, framed by mature trees and offering endless possibilities. The front home is a charming single-level residence offering approximately 900 square feet with 2 bedrooms and 1 bathroom. Inside, you’ll find vaulted ceilings, stylish new luxury vinyl plank flooring, and original tongue-and-groove

    John Lieber New Leaf Realty

    Section Image
  • 8380-82 Palm St, Lemon Grove, CA 91945

    $799,999

    • 4 Beds
    • 2 Baths
    • 1,456 Sq Ft
    • 8380-82 Palm St
    • Lemon Grove, CA

    Looking for rental income? Don't miss this opportunity to own a duplex in a great location! Live in one unit and rent out the other to generate passive income. Conveniently located close to freeways and right across the street from Mt. Vernon Elementary School In just a few years, you can do it again and start building your real estate portfolio. Don't wait-invest in your future now!

    Darinka Guzman-Alvarado Coldwell Banker West

    Section Image
  • 3707 Jill Ln, La Mesa, CA 91941

    $925,000

    • 4 Beds
    • 2 Baths
    • 1,560 Sq Ft
    • 3707 Jill Ln
    • La Mesa, CA

    Charming Duplex on a Cul-de-Sac with Room to Grow! Located in a peaceful cul-de-sac, this fantastic duplex offers an incredible opportunity for both families and investors alike. Each unit features 2 spacious bedrooms, 1 full bathroom, and its own private garage. With the potential for an (ADU), this property offers room for expansion, making it a perfect investment for future growth or for

    Yesenia Ramirez Premier Agency R.E. Inc

    Section Image
See All Homes in Lemon Grove

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
Rangel Maria -- First American Title
Rangel Maria $680,000 First American Title
Galipeau Joseph -- None Available
Galipeau Joseph $309,000 Equity Title San Diego
Nelson Martina Caruso -- Equity Title San Diego
Caruso Martina L $505,000 First American Title Ins Co
Langley Mark $185,000 California Title Company
Berend Virginia M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rangel Maria $667,683
Previous Owner Galipeau Joseph $167,500
Previous Owner Caruso Martina L $500,000
Previous Owner Caruso Martina L $50,000
Previous Owner Caruso Martina L $404,000
Previous Owner Langley Mark $207,000
Previous Owner Langley Mark $172,500
Previous Owner Langley Mark $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2021 05/18/21 Sold $680,000 +0.1% --
03/31/2021 03/31/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $679,000 -- --
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
2024 $9,933 $721,618 $303,591 $418,027
2023 $9,687 $707,470 $297,639 $409,831
2022 $9,637 $693,599 $291,803 $401,796
2021 $5,817 $367,822 $154,746 $213,076
2020 $5,740 $364,052 $153,160 $210,892
2019 $5,643 $356,914 $150,157 $206,757
2018 $5,514 $349,916 $147,213 $202,703
2017 $5,426 $343,056 $144,327 $198,729
2016 $5,226 $336,331 $141,498 $194,833
2015 $5,198 $331,280 $139,373 $191,907
2014 $5,009 $324,791 $136,643 $188,148
Source: Public Records

Agents Affiliated with this Home

  • Anthony Carnevale

    Seller's Agent in 2021

    Anthony Carnevale

    Carnevale Realty

    (619) 933-9131

    2 in this area

    15 Total Sales

    Anthony Carnevale
    Section Image
  • JORGE HERNANDEZ

    Buyer's Agent in 2021

    JORGE HERNANDEZ

    UNITED EXECUTIVES

    (562) 201-1835

    1 in this area

    5 Total Sales

    JORGE HERNANDEZ
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 210007343

San Diego MLS

APN: 480-543-02

California San Diego County Lemon Grove 91945

2570-72 Cypress Ave, Lemon Grove, CA

This home is located at 2570-72 Cypress Ave, Lemon Grove, CA 91945 since 22 March 2021 and is currently estimated at $903,296. This property was built in 1969. 2570-72 Cypress Ave is a home located in San Diego County with nearby schools including Mount Miguel High School, Saint John Of The Cross Catholic School, and Lighthouse Christian Academy.

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