NOT LISTED FOR SALE

Estimated Value: $1,121,000 - $1,385,000

2 Beds
2 Baths
1,050 Sq Ft
$1,217/Sq Ft Est. Value

Last Sold December 16, 2016

Last sale price $680,000 $648 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $7,945/month

97 Days on Market

Highlights

  • Partially Fenced Property
  • 1-Story Property
  • 2-minute walk to Old Town Plaza
  • Grant K-8 Rated A-

About This Home

As of December 2016

A rare opportunity to own rental units at the gateway to historic Old Town State Park. Property is adjacent to Old Town State Park, Presidio Park and Presidio Golf Course. 2-1BR/1BA Units are very charming, with hardwood floors, skylights, upgraded baths, private patios, lush landscaping. 2 oversized 1 car detached garages and several storage units. Show with accepted offer. Adjacent parcels at 2666 Juan and 4119 Mason could be available as well. Total of 9 units on 3 separate parcels! Call Dave for info.

Last Listed By

Kenneth Rubin

Professional Realty License #00686185 Listed on: 07/23/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,537

Year Built

  • Built in 1948

Lot Details

  • 4,175 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 442-662-18-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,537

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro
  • Cross Street: Mason
  • Neighborhood: Old Town
  • Stories: 1 Story
  • Sale Price List Price: 0.98
  • Total Stories: 1
  • Year Built: 1948
  • 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: Stucco
  • Fencing: Partial
  • Roof: Composition

Condo/Co-op/Association

  • Community: OLD TOWN
  • Manager Name: David Lepre
  • Manager Phone: 619.987.4459

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: 3
  • Assessor Parcel Number: 442-662-18-00
  • Land Use Code: 1
  • Estimated Lot Sq Ft: 4175

Rental Info

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

Multi Family

  • No. of Units: 2
  • Gross Rent Multiplier Actual: 18.0
  • Gross Sched Income Actual: 34500
  • Gross Sched Income Projected: 38280
  • Number Of Buildings: 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2016
Closed on
Dec 1, 2016
Sold by
Lepre David A
Bought by
The Entrust Group Inc
Seller's Agent
Kenneth Rubin
Professional Realty
Buyer's Agent
Kenneth Rubin
Professional Realty
List Price
$749,000
Sold Price
$680,000
Premium/Discount to List
-$69,000
-9.21%
Total Days on Market
97
Current Estimated Value
$1,277,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$597,356
Avg. Annual Appreciation
8.34%

Purchase Details

Closed on
Dec 24, 2014
Sold by
Lepre David
Bought by
Lepre David

Purchase Details

Closed on
Mar 22, 2005
Sold by
City National Bank
Bought by
Lepre David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
4.67%
Mortgage Type
Unknown

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
The Entrust Group Inc $680,000 Orange Coast Title Co
Lepre David -- None Available
Lepre David $575,000 Chicago Title Co
Lepre David -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lepre David $490,000
Previous Owner Lepre David $402,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2016 12/16/16 Sold $680,000 -9.2% $648 / Sq Ft
10/28/2016 10/28/16 Pending -- -- --
10/24/2016 10/24/16 For Sale $749,000 +10.1% $713 / Sq Ft
10/24/2016 10/24/16 Off Market $680,000 -- --
10/13/2016 10/13/16 For Sale $749,000 0.0% $713 / Sq Ft
09/29/2016 09/29/16 Pending -- -- --
07/28/2016 07/28/16 Price Changed $749,000 +7.2% $713 / Sq Ft
07/23/2016 07/23/16 For Sale $699,000 -- $666 / 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
2024 $9,537 $773,716 $577,313 $196,403
2023 $9,327 $758,546 $565,994 $192,552
2022 $9,079 $743,674 $554,897 $188,777
2021 $9,017 $729,093 $544,017 $185,076
2020 $8,908 $721,618 $538,439 $183,179
2019 $8,749 $707,470 $527,882 $179,588
2018 $8,180 $693,599 $517,532 $176,067
2017 $80 $680,000 $507,385 $172,615
2016 $7,663 $650,000 $485,000 $165,000
2015 $6,490 $550,000 $411,000 $139,000
2014 $5,336 $450,000 $337,000 $113,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 160040779

San Diego MLS

APN: 442-662-18