NOT LISTED FOR SALE

Estimated Value: $1,640,000 - $2,706,000

4 Beds
5 Baths
2,450 Sq Ft
$900/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $2,120,000 $865 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $13,951/month

22 Days on Market

Highlights

  • City Lights View
  • Property is Fully Fenced
  • Gentle Sloping Lot
  • Attic Fan

About This Home

As of April 2022

Incredible opportunity to own an awesome 4 unit property in the heart of Golden Hill. Recently updated, painted and well maintained. You will love the professionally designed kitchens, decor, paint and creativity that went into this project. This property is perfect for someone looking for a secure longterm investment, multi generational owner, or someone looking to live in one unit and pay the mortgage with the other rental incomes. Pre Covid, the property was a vacation rental and generated just over $135,000 with just 3 of 4 units rented in gross revenue. Since then it's been rented mostly to travel nurses for 3-6 month periods. Plenty of parking, outdoor space, views etc!

Last Agent to Sell the Property

Brandon Wilcox

PROPR Real Estate Inc. License #01888882 Listed on: 03/01/2022

Last Buyer's Agent

Stefani Pito

HomeSmart Realty West License #01262795

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,186

Year Built

  • 1941

Lot Details

  • Property is Fully Fenced
  • Gentle Sloping Lot

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property
  • City Lights Views
  • Attic Fan

Utilities

  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 534-302-13-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,186

Year Built

1941

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Central
  • Cross Street: 27th
  • Neighborhood: Golden Hill
  • Stories: 2 Story
  • Sale Price List Price: 1.03
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1941

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Roof: Composition
  • View: Evening Lights

Utilities

  • Cooling: Attic Fan
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Community: SAN DIEGO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Slope Gentle
  • Zoning: R-4:Multip
  • Assessor Parcel Number: 534-302-13-00

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Gross Sched Income Actual: 93600
  • Gross Sched Income Projected: 116400
  • Number Of Buildings: 2
  • Number Of Furnished Units: 4
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 2
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2021
Sold by
Farnsworth Holly M and Connelly Holly
Bought by
Farnsworth Devin and Farnsworth Holly M
Current Estimated Value
$2,203,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,095,860
Outstanding Balance
$994,975
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,209,006

Purchase Details

Closed on
Aug 10, 2016
Sold by
Farnsworth Devin
Bought by
Connelly Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$629,300
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2016
Sold by
Hall Sharon L
Bought by
Connelly Holly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$629,300
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2005
Sold by
Tanala Robustiano M and Tanala Bernice A
Bought by
Hall Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 10, 2003
Sold by
Tanala Robustiano M and Tanala Bernice A
Bought by
Tanala Robustiano M and Tanala Bernice A
Source: Public Records

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
Farnsworth Devin -- Old Republic Title Company
Connelly Holly -- Equity Title San Diego
Connelly Holly $899,000 Equity Title San Diego
Hall Sharon L $590,000 Chicago Title Co
Tanala Robustiano M -- --
Tanala Robustiano M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farnsworth Devin $1,095,860
Closed Connelly Holly $629,300
Previous Owner Hall Sharon L $472,000
Closed Hall Sharon L $58,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2022 04/13/22 Sold $2,120,000 +3.4% $865 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $2,050,000 -- $837 / 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 $27,186 $2,249,760 $1,697,932 $551,828
2024 $27,186 $2,205,648 $1,664,640 $541,008
2023 $26,582 $2,162,400 $1,632,000 $530,400
2022 $12,044 $983,183 $589,910 $393,273
2021 $11,959 $963,906 $578,344 $385,562
2020 $11,813 $954,023 $572,414 $381,609
2019 $11,603 $935,318 $561,191 $374,127
2018 $10,849 $916,980 $550,188 $366,792
2017 $10,591 $899,000 $539,400 $359,600
2016 $7,352 $620,000 $372,000 $248,000
2015 $7,118 $600,000 $360,000 $240,000
2014 $6,851 $575,000 $345,000 $230,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 220004585

San Diego MLS

APN: 534-302-13