NOT LISTED FOR SALE

Estimated Value: $1,608,000 - $2,217,000

5 Beds
5 Baths
-- Sq Ft
8,479 Sq Ft Lot

Last Sold April 24, 2018

Last sale price $1,270,000

Est. 46% increase in value since last sale

Current estimated payment $11,637/month

86 Days on Market

About This Home

As of April 2018

$100K Price Reduction!!! Well located, well maintained. Back building built in 2008, comprised of (1) townhouse style 2br-1.5ba unit and Studio w/ separate entry and full kitchen. Front duplex built approx. 1949 and since updated, comprised of (1) 2br-1ba & (1) 1br-1ba. 1 off street space, 2 single car garages, and 1 double car garage.

Last Agent to Sell the Property

Ricardo Lopez

ACI Apartments License #01936528 Listed on: 12/07/2017

ACI Apartments

Last Buyer's Agent

Jerry Thatcher

Thatcher Properties License #01320464

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,502

Year Built

  • Built in 1980

Lot Details

  • 8,479 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Composition Roof

Additional Features

  • 2-Story Property
  • Gravity Heating System

Listing and Financial Details

  • Tenant pays for water, electricity, gas/propane, fees
  • Assessor Parcel Number 534-290-19-00

Community Details

Overview

  • 2 Buildings
  • 4 Units

Additional Features

  • Laundry Facilities
  • Net Operating Income $73,703

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,502

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: 25th Street
  • Neighborhood: Golden Hill
  • Stories: 2 Story
  • Sale Price List Price: 0.98
  • Total Stories: 2
  • Year Built: 1980
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U4: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Cooling: Central Forced Air
  • Heat Equipment: Forced Air Unit, Wall/Gravity

Condo/Co-op/Association

  • Community: SAN DIEGO
  • Complex Features: Laundry Facilities

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Zoning: R-4:MULTIP
  • Assessor Parcel Number: 534-290-19-00
  • Estimated Lot Sq Ft: 8479
  • Estimated Number of Acres: 0.2
  • Map Code Column: D
  • Map Code Page: 1289
  • Map Code Row: 3

Rental Info

  • Tenant Pays: Water, Electricity, Gas/Propane, Other Fees

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 73703
  • Gross Rent Multiplier Actual: 15.3
  • Gross Sched Income Actual: 91020
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 4
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Garage: 3
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2017
Closed on
Mar 17, 2018
Sold by
Perakh Alik V
Bought by
Thatch Prop Llc
Seller's Agent
Ricardo Lopez
ACI Apartments
Buyer's Agent
Jerry Thatcher
Thatcher Properties
List Price
$1,395,000
Sold Price
$1,270,000
Premium/Discount to List
-$125,000
-8.96%
Current Estimated Value
$1,858,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$588,815
Avg. Annual Appreciation
5.18%
Original Mortgage
$840,000
Outstanding Balance
$734,848
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,101,070

Purchase Details

Closed on
Mar 3, 2006
Sold by
Barry Joseph
Bought by
Perakh Alik V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2003
Sold by
Barry Joseph
Bought by
Barry Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
5.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 13, 1996
Sold by
Barry Joseph E
Bought by
Barry Joseph

Purchase Details

Closed on
Mar 1, 1995
Sold by
Resolution Trust Corp
Bought by
Barry Joseph Edgar

Purchase Details

Closed on
Apr 18, 1994
Sold by
La Mesa Title Company
Bought by
Bankers Trust Company

Purchase Details

Closed on
Jun 13, 1989

Purchase Details

Closed on
Aug 28, 1987
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
Thatch Prop Llc $1,270,000 Fidelity National Title Comp
Perakh Alik V $565,000 Chicago Title Co
Barry Joseph -- --
Barry Joseph -- --
Barry Joseph -- --
Barry Joseph Edgar -- United Title Company
Resolution Trust Corp -- United Title Company
Bankers Trust Company $138,220 World Title Company
-- $158,000 --
-- $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thatch Prop Llc $840,000
Previous Owner Perakh Alik $460,000
Previous Owner Perakh Alik V $452,000
Previous Owner Barry Joseph Edgar $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2018 04/24/18 Sold $1,270,000 -1.9% --
03/04/2018 03/04/18 Pending -- -- --
02/07/2018 02/07/18 Price Changed $1,295,000 -7.2% --
01/03/2018 01/03/18 For Sale $1,395,000 0.0% --
12/21/2017 12/21/17 Pending -- -- --
12/07/2017 12/07/17 For Sale $1,395,000 -- --
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
2025 $17,502 $1,445,038 $910,261 $534,777
2024 $17,502 $1,416,705 $892,413 $524,292
2023 $17,111 $1,388,927 $874,915 $514,012
2022 $16,657 $1,361,694 $857,760 $503,934
2021 $16,540 $1,334,995 $840,942 $494,053
2020 $16,339 $1,321,308 $832,320 $488,988
2019 $16,048 $1,295,400 $816,000 $479,400
2018 $10,294 $869,057 $646,288 $222,769
2017 $7,160 $605,000 $347,000 $258,000
2016 $6,949 $585,000 $336,000 $249,000
2015 $6,832 $575,000 $331,000 $244,000
2014 $6,564 $550,000 $317,000 $233,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 170061435

San Diego MLS

APN: 534-290-19