NOT LISTED FOR SALE

2745 Borrego Springs Rd Borrego Springs, CA 92004

Estimated Value: $182,000 - $305,039

2 Beds
2 Baths
-- Sq Ft
0.57 Acres

Last Sold January 20, 2023

Last sale price $185,000

Est. 26% increase in value since last sale

Current estimated payment $1,415/month

177 Days on Market

About This Home

As of January 2023

Great investment property close to town. Keep both sides rented or use one for yourself and rent the other unit for extra income. Each unit has a mini-split for heating and cooling along with an evaporative cooler to save electricity when possible.

Last Agent to Sell the Property

David Cragoe

Road Runner Realty License #01521474 Listed on: 06/06/2022

Co-Listed By

Patty Cragoe

Road Runner Realty License #01406908

Last Buyer's Agent

OUT OF AREA OUT

OUT OF AREA - NON MEMBER License #09999915

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,152

Year Built

  • 1949

Lot Details

  • 0.57

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property

Utilities

  • Zoned Cooling
  • Cooling System Mounted To A Wall/Window
  • Window Unit Cooling System
  • Water Heater
  • Septic System

Listing and Financial Details

  • Tenant pays for trash, cable TV, electricity, gas/propane
  • Assessor Parcel Number 198-093-17-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,152

Year Built

1949

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: North County
  • Cross Street: T Anchor
  • Neighborhood: Unit C
  • Stories: 1 Story
  • Sale Price List Price: 0.95
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1949

Exterior Features

  • Exterior Material: Brick

Utilities

  • Cooling: Swamp Cooler(s), Wall/Window, Zoned Area(s)
  • Sewer/Septic: Septic Installed
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: BORREGO SPRINGS

Schools

  • School District URL: http://www.icoe.org/ICOE/Schools/Borrego

Lot Info

  • Lot Size: .5 to 1 AC
  • Water District: BORREGO WATER DISTRICT
  • Assessor Parcel Number: 198-093-17-00

Rental Info

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

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Dec 5, 2022
Sold by
Arteaga Benito and Arteaga Lorena Maria
Bought by
Siniscal Michael
Seller's Agent
David Cragoe
Road Runner Realty
Buyer's Agent
OUT OF AREA OUT
OUT OF AREA - NON MEMBER
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%
Views
30
Current Estimated Value
$232,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,346
Avg. Annual Appreciation
8.74%
Original Mortgage
$148,000
Interest Rate
6.49%

Purchase Details

Closed on
Sep 21, 2017
Sold by
Martinez Rogelio and Rodriguez Rosario
Bought by
Arteaga Benito and Valdez Lorena Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2013
Sold by
Equity Trust Company
Bought by
Martinez Rogelio and Rodriguez Rosario

Purchase Details

Closed on
Apr 2, 2012
Sold by
Law Manion Cindy and Law Cindy
Bought by
Equity Trust Company

Purchase Details

Closed on
Apr 23, 2002
Sold by
Cripe Daniel L
Bought by
Law Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 12, 1987

Purchase Details

Closed on
Feb 24, 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
Siniscal Michael $185,000 Lawyers Title
Arteaga Benito $80,000 Chicago Title Sd
Martinez Rogelio $79,000 First American Title Ins Co
Equity Trust Company $70,000 Lawyers Title Company
Law Cindy $67,000 Commonwealth Land Title Co
-- $75,000 --
-- $74,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Siniscal Michael $148,000
Previous Owner Arteaga Benito $60,000
Previous Owner Law Cindy $53,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2023 01/20/23 Sold $185,000 0.0% --
12/01/2022 12/01/22 Pending -- -- --
12/01/2022 12/01/22 Off Market $185,000 -- --
10/17/2022 10/17/22 For Sale $195,000 0.0% --
09/13/2022 09/13/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $195,000 0.0% --
06/14/2022 06/14/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $195,000 -- --
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 $2,152 $192,474 $67,626 $124,848
2024 $2,152 $188,700 $66,300 $122,400
2023 $1,069 $87,488 $21,871 $65,617
2022 $1,055 $85,774 $21,443 $64,331
2021 $1,038 $84,093 $21,023 $63,070
2020 $1,035 $83,232 $20,808 $62,424
2019 $970 $81,600 $20,400 $61,200
2018 $953 $80,000 $20,000 $60,000
2017 $990 $83,819 $20,158 $63,661
2016 $969 $82,176 $19,763 $62,413
2015 $957 $80,943 $19,467 $61,476
2014 $938 $79,358 $19,086 $60,272
Source: Public Records

Agents Affiliated with this Home

  • David Cragoe

    Seller's Agent in 2023

    David Cragoe

    Road Runner Realty

    (619) 741-6400

    175 in this area

    226 Total Sales

    David Cragoe
    Section Image

  • P

    Seller Co-Listing Agent in 2023

    Patty Cragoe

    Road Runner Realty

    (619) 742-6165

    152 in this area

    195 Total Sales

    Patty Cragoe
    Section Image

  • O

    Buyer's Agent in 2023

    OUT OF AREA OUT

    OUT OF AREA - NON MEMBER

See All Agents

Map

Source: San Diego MLS

MLS Number: 220014083

San Diego MLS

APN: 198-093-17

California San Diego County Borrego Springs 92004

2745 Borrego Springs Rd, Borrego Springs, CA

This home is located at 2745 Borrego Springs Rd, Borrego Springs, CA 92004 since 06 June 2022 and is currently estimated at $232,346. This property was built in 1949. 2745 Borrego Springs Rd is a home located in San Diego County with nearby schools including Borrego Springs Elementary School, Borrego Springs Middle School, and Borrego Springs High School.

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