NOT LISTED FOR SALE

Estimated Value: $1,470,872 - $2,098,000

3 Beds
4 Baths
1,611 Sq Ft
$1,058/Sq Ft Est. Value

Last Sold September 18, 2015

Last sale price $750,000 $466 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $10,307/month

2 Days on Market

Highlights

  • Level Lot
  • Richard Henry Dana Middle School Rated A-
  • Wood Siding

About This Home

As of September 2015

Investors & fishermen, here is the PERFECT MATCH! Located just 4 blocks to San Diego bay & largest sport fishing area, this 4 unit complex could be a great investment in your future vacations as well as a money maker with long term tenants that never want to leave. Or how about vacation rentals for fishermen, yachtsmen & sailors. Consists of 1-2br unit with 20 ft private deck, 1-1 br, 2-studios. Just a few minutes drive to the airport & downtown. 3 parking spaces, small storage basement & crawl space.

Last Agent to Sell the Property

Kathleen Studer

Coldwell Banker West License #01110180 Listed on: 07/28/2015

Coldwell Banker West

Last Buyer's Agent

Joseph Siemienowski

Siemienowski & Associates License #00831832

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,737

Year Built

  • Built in 1961

Lot Details

  • 2,500 Sq Ft Lot
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 530-762-11-00

Community Details

Overview

  • 2 Buildings
  • 4 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $28,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,737

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Scott/Shafter
  • Neighborhood: Roseville
  • Stories: 2 Story
  • Sale Price List Price: 0.97
  • Total Stories: 2
  • Year Built: 1961
  • 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
  • Prkng Non Garage Spac U3: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco, Wood
  • Roof: Composition

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: POINT LOMA
  • Manager Name: Curt

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 1-3,999 SF
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 530-762-11-00
  • Estimated Lot Dimensions: 25x100
  • Estimated Lot Sq Ft: 2500
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.0574
  • Map Code Column: C
  • Map Code Page: 1288
  • Map Code Row: 1

Rental Info

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

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 28620
  • Annual Expense Actual: 17340
  • Gross Rent Multiplier Actual: 16.8
  • Gross Rent Multiplier Projected: 13.45
  • Gross Sched Income Actual: 45960
  • Gross Sched Income Projected: 57600
  • Number Of Buildings: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2020
Sold by
Galper Lou
Bought by
Galper Louis M
Current Estimated Value
$1,704,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$423,669
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$1,254,773

Purchase Details

Listed on
Jul 28, 2015
Closed on
Aug 10, 2015
Sold by
Klapp Curtis O and Klapp Curtis Orrin
Bought by
Galper Louis M
Seller's Agent
Kathleen Studer
Coldwell Banker West
Buyer's Agent
Joseph Siemienowski
Siemienowski & Associates
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%
Original Mortgage
$525,000
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 8, 2008
Sold by
Klapp Evelyn Violet Gilbert
Bought by
Klapp Curtis Orrin and Klapp Evelyn Violet

Purchase Details

Closed on
Oct 13, 2004
Sold by
Klapp Evelyn Violet and Klapp Evelyn G
Bought by
Klapp Evelyn Violet and Klapp Curtis Orrin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 7, 2004
Sold by
Klapp Evelyn G
Bought by
Klapp Curtis O and Klapp Evelyn Violet Gilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,200
Interest Rate
5.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2002
Sold by
Klapp Evelyn G
Bought by
Klapp Curtis O and Klapp Evelyn Violet Gilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,500
Interest Rate
7.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 5, 2001
Sold by
Klapp Curtis and Klapp Evelyn G
Bought by
Klapp Curtis O and Klapp Violet Evelyn

Purchase Details

Closed on
Jul 27, 1999
Sold by
Panissidi Mark S
Bought by
Klapp Curtis and Klapp Evelyn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,400
Interest Rate
2.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 11, 1998
Sold by
Maus Albert N and Maus Ana C
Bought by
Panissidi Mark S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
6.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 1997
Sold by
Maus Albert N and Maus Ana C
Bought by
Maus Albert N and Maus Ana C

Purchase Details

Closed on
Jun 25, 1996
Sold by
Zions Financial Corp
Bought by
Coastal Investments Llc

Purchase Details

Closed on
Jul 13, 1995
Sold by
Plumb Walter J
Bought by
Zions Financial Corp

Purchase Details

Closed on
Jun 2, 1995
Sold by
Plumb Peggy S
Bought by
Plumb Walter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
7.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 1995
Sold by
Great Western Bank
Bought by
Plumb Walter J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
7.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 1994
Sold by
Elsea Larry D and Elsea Joyce M
Bought by
Great Western Bank

Purchase Details

Closed on
Dec 22, 1989

Purchase Details

Closed on
Oct 13, 1988

Purchase Details

Closed on
Jun 18, 1986
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
Galper Louis M -- Accommodation
Galper Lou -- Wfg Title Company Of Ca
Galper Louis M $750,000 Fidelity National Title
Klapp Curtis Orrin -- None Available
Klapp Evelyn Violet -- --
Klapp Curtis O -- --
Klapp Evelyn G -- Stewart Title Of California
Klapp Curtis O -- Commerce Title Company
Klapp Evelyn G -- Commerce Title Company
Klapp Curtis O -- --
Klapp Curtis $258,000 Chicago Title
Panissidi Mark S $91,000 Chicago Title Co
Maus Albert N -- --
Coastal Investments Llc -- Chicago Title Co
Zions Financial Corp -- --
Plumb Walter J -- Chicago Title Co
Plumb Walter J $129,000 Chicago Title Co
Great Western Bank $154,543 Chicago Title Company
-- $278,500 --
-- $179,000 --
-- $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galper Lou $475,000
Closed Galper Louis M $525,000
Previous Owner Klapp Evelyn Violet $100,000
Previous Owner Klapp Evelyn G $354,200
Previous Owner Klapp Evelyn G $212,500
Previous Owner Klapp Curtis $206,400
Previous Owner Panissidi Mark S $208,000
Previous Owner Panissidi Mark S $217,500
Previous Owner Plumb Walter J $103,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2015 09/18/15 Sold $750,000 -3.2% $466 / Sq Ft
07/29/2015 07/29/15 Pending -- -- --
07/27/2015 07/27/15 For Sale $775,000 -- $481 / 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 $10,737 $887,842 $769,465 $118,377
2024 $10,737 $870,434 $754,378 $116,056
2023 $10,498 $853,368 $739,587 $113,781
2022 $10,219 $836,636 $725,086 $111,550
2021 $10,149 $820,232 $710,869 $109,363
2020 $10,026 $811,822 $703,580 $108,242
2019 $9,848 $795,905 $689,785 $106,120
2018 $9,207 $780,300 $676,260 $104,040
2017 $8,987 $765,000 $663,000 $102,000
2016 $8,843 $750,000 $650,000 $100,000
2015 $3,910 $329,932 $204,611 $125,321
2014 $3,851 $323,470 $200,603 $122,867
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 150041359

San Diego MLS

APN: 530-762-11