NOT LISTED FOR SALE
6 Beds
6 Baths
2,520 Sq Ft
5,806 Sq Ft Lot

Sale Details

Date Sold: March 16, 2023

Last sale price $770,000 $306 Per Sq Ft

29 Days on Market

Highlights

  • Cul-De-Sac
  • Level Lot
  • Gravity Heating System
  • Partially Fenced Property

About This Home

As of March 2023

Your perfect investment opportunity awaits! Highly desirable townhouse-style duplex tucked away on a private street. Each unit has 3-bedrooms, 2 ½ baths, separate and spacious fenced backyards, private laundry, separate one-car garages, and additional off-street parking. Both have identical, large floor plans – living space, dining area, kitchen, and half-bathroom are downstairs. Bedrooms, additional bathroom, and en-suite bathroom located on the second level. New roof completed in 2016. Entire fencing replaced in 2020. Water lines replaced in 2018 and 2019, as well as 220 feet of new sewer lines in October 2022 – approximately $70,000 in pipe replacements alone. Unit B kitchen upgrades include new cabinets, flooring, and appliances. Fantastic income-generating property. Live in one unit while renting out the other; or rent both. Ideal investment property to add to your existing portfolio, or for those just starting out!

Last Agent to Sell the Property

Joseph Joyce

Berkshire Hathaway HomeService License #02120910 Listed on: 11/10/2022

Berkshire Hathaway HomeService

Last Buyer's Agent

Dan Benjamin

Dan Benjamin, Broker License #01956740

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 5,806 Sq Ft Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Schools

  • La Mesa Spring Valley School District Elementary And Middle School
  • Grossmont Union High School District

Utilities

  • Heating System Uses Natural Gas
  • Gravity Heating System
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 2 Units
  • N/K Community

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 504-192-64-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

5,806 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Lemon Street
  • Neighborhood: Spring Valley
  • Stories: 2 Story
  • Sale Price List Price: 0.97
  • Total Stories: 2
  • Year Built: 1987
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Complex Name: n/k
  • Community: SPRING VALLEY

Schools

  • School District URL: http://www.guhsd.net/
  • Elementary School: La Mesa Spring Valley School District
  • Elementary School Website: https://www.lmsvschools.org/
  • High School: Grossmont Union High School District
  • Middle School Url: https://www.lmsvschools.org/
  • Middle School: La Mesa Spring Valley School District

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Cul-De-Sac
  • Topography: Level
  • Water District: HELIX WATER DISTRICT
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 504-192-64-00
  • Estimated Lot Sq Ft: 5806
  • Water District URL: http://www.hwd.com
  • Estimated Number of Acres: 0.13
  • Map Code Column: A
  • Map Code Page: 1271
  • Map Code Row: 7

Rental Info

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

Multi Family

  • No. of Units: 2
  • Gross Rent Multiplier Actual: 17.77
  • Gross Rent Multiplier Projected: 13.16
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2023
Sold by
Bought by

Purchase Details

Listed on
Nov 10, 2022
Closed on
Feb 22, 2023
Sold by
Bought by
Seller's Agent
Joseph Joyce
Berkshire Hathaway HomeService
Buyer's Agent
Dan Benjamin
Dan Benjamin, Broker
List Price
$790,000
Sold Price
$770,000
Premium/Discount to List
-$20,000
-2.53%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 19, 2016
Closed on
Jul 8, 2016
Sold by
Bought by
Seller's Agent
Mark Kniffing
Coldwell Banker West
Buyer's Agent
Damien Kirchhoff
Sterling Investments Mgmt
List Price
$520,000
Sold Price
$520,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Original Mortgage
$390,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2009
Sold by
Bought by

Purchase Details

Closed on
Apr 2, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2008
Sold by
Bought by

Purchase Details

Closed on
Oct 6, 2008
Sold by
Bought by

Purchase Details

Closed on
Sep 19, 2007
Sold by
Bought by

Purchase Details

Closed on
Jul 14, 2007
Sold by
Bought by

Purchase Details

Closed on
Jan 27, 2006
Sold by
Bought by

Purchase Details

Closed on
Oct 25, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.57%

Purchase Details

Closed on
May 31, 1997
Sold by
Bought by

Purchase Details

Closed on
Feb 11, 1987
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$770,000 Ticor Title
-- Fidelity National Title Co
$520,000 Fidelity Natl Title Co
-- None Available
$275,000 Lawyers Title Company
$135,000 Lsi Title Agency Inc
-- Lsi
-- Commonwealth Land Title Co
$525,212 Accommodation
-- First American Title
$615,000 First American Title
-- Commonwealth Land Title Co
-- --
$145,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $850,500
Closed $581,000
Previous Owner $577,500
Previous Owner $390,000
Previous Owner $390,000
Previous Owner $206,250
Previous Owner $225,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2023 03/16/23 Sold $770,000 -2.5% $306 / Sq Ft
12/10/2022 12/10/22 Pending -- -- --
11/28/2022 11/28/22 For Sale $790,000 0.0% $313 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $790,000 +51.9% $313 / Sq Ft
07/28/2016 07/28/16 Sold $520,000 0.0% -- View Prior Sale
06/24/2016 06/24/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $520,000 -- --
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,923 $882,672 $544,759 $337,913
2025 $11,923 $865,366 $534,078 $331,288
2024 $11,449 $848,399 $523,606 $324,793
2023 $7,718 $580,063 $386,714 $193,349
2022 $7,592 $568,690 $379,132 $189,558
2021 $7,521 $557,541 $371,699 $185,842
2020 $7,223 $551,825 $367,888 $183,937
2019 $7,118 $541,006 $360,675 $180,331
2018 $6,908 $530,399 $353,603 $176,796
2017 $6,748 $520,000 $346,670 $173,330
2016 $4,085 $299,144 $199,431 $99,713
2015 $4,047 $294,652 $196,436 $98,216
2014 $3,979 $288,882 $192,589 $96,293
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220027784

San Diego MLS
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