NOT LISTED FOR SALE

2720 Skyline Dr Lemon Grove, CA 91945

Estimated Value: $814,756 - $1,017,000

4 Beds
2 Baths
1,680 Sq Ft
$535/Sq Ft Est. Value

Last Sold November 20, 2017

Last sale price $489,000 $291 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,635/month

9 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Partially Fenced Property
  • 1-Story Property

About This Home

As of November 2017

GREAT investment opportunity in Lemon Grove. Two identical units each with one carport space, a shared guest space and additional street parking. These well maintained units have double pane windows in living room and front bedrooms; tile flooring; electric mini split wall a/c and upgraded bathroom with travertine tile surround. Kitchen features wood cabinets and gas range. Each unit has separate, large backyard with laundry hookups. Close to trolley stop, public transportation and Lemon Grove Library Neighborhoods: Rancho Mission of San Diego Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 2720 Unit # for Unit 2: 2722 Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Christine Baker

Willis Allen Real Estate License #01808132 Listed on: 09/10/2017

Willis Allen Real Estate

Last Buyer's Agent

Rigo Padilla

Big Block Realty, Inc. License #00947593

Big Block Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,475

Year Built

  • Built in 1958

Lot Details

  • 6,720 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $24,802

Listing and Financial Details

  • Tenant pays for trash collection, cable TV, electricity
  • Assessor Parcel Number 4804400100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,475

Year Built

Built in 1958

Lot Details

0

Listing Details

  • CapRate: 5.00
  • Subdivision Name Other: Lemon Grove
  • View: No
  • Zoning: R-2:MINOR
  • Property Type: Residential Income
  • Parcel Number: 4804400100
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Appliances: Gas Water Heater
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 6720.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Trash Collection, Cable TV, Electricity

Multi Family

  • Gross Scheduled Income: 31800.00
  • Lot Size Area: 6720.0000 Square Feet
  • Net Operating Income: 24802.00
  • Number Of Units Total: 2
  • Number With Range: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2022
Sold by
Boll Cassidy
Bought by
Boll Robert T
Current Estimated Value
$898,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$762,135
Interest Rate
6.95%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 8, 2022
Sold by
Boll Robert T
Bought by
Anderson Dusty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$762,135
Interest Rate
6.95%
Mortgage Type
Balloon

Purchase Details

Listed on
Sep 10, 2017
Closed on
Sep 21, 2017
Sold by
Macias Raul and Macias Lourdes
Bought by
Boll Robert T
Seller's Agent
Christine Baker
Willis Allen Real Estate
Buyer's Agent
Rigo Padilla
Big Block Realty, Inc.
List Price
$489,000
Sold Price
$489,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$391,200
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2004
Sold by
Macias Raul and Macias Lourdes
Bought by
Macias Raul and Macias Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2003
Sold by
Macias Raul and Macias Lourdes
Bought by
Macias Raul and Macias Lourdes

Purchase Details

Closed on
Oct 23, 2002
Sold by
Macias Raul and Macias Lourdes
Bought by
Macias Raul and Macias Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
6.12%

Purchase Details

Closed on
Jun 26, 2002
Sold by
Macias Raul and Macias Lourdes
Bought by
Macias Raul and Macias Lourdes

Purchase Details

Closed on
Sep 20, 2001
Sold by
Rios Gustavo R and Rios Carolina M
Bought by
Macias Raul and Macias Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,400
Interest Rate
6.84%

Purchase Details

Closed on
Apr 7, 2001
Sold by
Teel Marvin Leroy
Bought by
Rios Gustavo R and Rios Carolina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,250
Interest Rate
6.89%

Purchase Details

Closed on
Mar 10, 1999
Sold by
Teel Marvin L
Bought by
Teel Marvin Leroy

Purchase Details

Closed on
Apr 17, 1984
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
Boll Robert T -- Wfg National Title
Anderson Dusty $745,000 Wfg Title
Boll Robert T $489,000 First American Title Company
Macias Raul -- Chicago Title Co
Macias Raul -- Chicago Title Co
Macias Raul -- --
Macias Raul -- Chicago Title Co
Macias Raul -- --
Macias Raul $239,000 Chicago Title Co
Rios Gustavo R $175,000 Chicago Title Co
Teel Marvin Leroy -- --
-- $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Dusty $762,135
Previous Owner Boll Robert T $391,200
Previous Owner Macias Raul $320,000
Previous Owner Macias Raul $232,500
Previous Owner Macias Raul $212,400
Previous Owner Rios Gustavo R $75,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2017 11/20/17 Sold $489,000 0.0% $291 / Sq Ft
09/19/2017 09/19/17 Pending -- -- --
09/10/2017 09/10/17 For Sale $489,000 -- $291 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,475 $775,096 $246,312 $528,784
2024 $10,475 $759,899 $241,483 $518,416
2023 $10,216 $745,000 $236,749 $508,251
2022 $7,682 $524,302 $166,615 $357,687
2021 $7,586 $514,023 $163,349 $350,674
2020 $7,493 $508,754 $161,675 $347,079
2019 $7,371 $498,779 $158,505 $340,274
2018 $7,205 $489,000 $155,398 $333,602
2017 $4,904 $300,387 $95,459 $204,928
2016 $4,720 $294,498 $93,588 $200,910
2015 $4,696 $290,076 $92,183 $197,893
2014 $4,528 $284,395 $90,378 $194,017
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 170048066

California Regional Multiple Listing Service (CRMLS)

APN: 480-440-01