NOT LISTED FOR SALE

Estimated Value: $642,000 - $806,000

4 Beds
2 Baths
1,176 Sq Ft
$639/Sq Ft Est. Value

Last Sold August 04, 2014

Last sale price $340,000 $289 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $4,619/month

11 Days on Market

About This Home

As of August 2014

Lowest price per sq ft in City Heights. Large lot with alley access to fenced parking. Both units are two bedroom plus there is a non-permitted sleeping room. There are new exterior lights, paint and mailboxes. One of the units has a new water heater. Some windows have new dual pane glass. Duplex has copper water lines throughout. Property has a low-scape front yard where plants survive on groundwater. Tenants pay all utilities including water. Property is located on a quiet cul-de-sac. Bring your offers!

Last Listed By

Terry Moore

ACI Apartments License #00918512 Listed on: 06/26/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,956

Year Built

  • Built in 1960

Lot Details

  • 1,176 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Schools

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

Community Details

  • 2 Units
  • Net Operating Income $18,524

Listing and Financial Details

  • Tenant pays for water, electricity, gas/propane
  • Assessor Parcel Number 476-302-07-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,956

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Redwood Street
  • Neighborhood: City Heights
  • Stories: 1 Story
  • Sale Price List Price: 1.01
  • Total Stories: 1
  • Year Built: 1960
  • 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: SAN DIEGO

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: 7,500-10,889 SF
  • Assessor Parcel Number: 476-302-07-00
  • Land Use Code: R2
  • Estimated Lot Sq Ft: 1176
  • Estimated Number of Acres: 0.17
  • Map Code Column: J
  • Map Code Page: 1269
  • Map Code Row: 7

Rental Info

  • Tenant Pays: Water, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 18524
  • Annual Expense Actual: 7684
  • Gross Rent Multiplier Actual: 12.3
  • Gross Sched Income Actual: 27300
  • Number Of Buildings: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2017
Sold by
Barraza Elviro and Barraza Irma Maria
Bought by
Barraza Elviro and Barraza Irma Maria
Total Days on Market
11
Current Estimated Value
$751,500

Purchase Details

Listed on
Jun 26, 2014
Closed on
Jul 14, 2014
Sold by
Pacific View Corporation
Bought by
Barraza Elviro and Barraza Maria Irma
Seller's Agent
Terry Moore
ACI Apartments
Buyer's Agent
Robert Colello
eXp Realty of California, Inc.
List Price
$336,000
Sold Price
$340,000
Premium/Discount to List
$4,000
1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%

Purchase Details

Listed on
May 21, 2012
Closed on
Mar 11, 2013
Sold by
Hernandez Julian
Bought by
Pacific View Corporation
Seller's Agent
Rodney Navarro
4R Real Estate Investments
Buyer's Agent
Rodney Navarro
4R Real Estate Investments
List Price
$150,000
Sold Price
$188,633
Premium/Discount to List
$38,633
25.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.25%

Purchase Details

Closed on
Sep 20, 2004
Sold by
Hernandez Bonifacio and Hernandez Eloe
Bought by
Hernandez Julian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 20, 2003
Sold by
Ross Dorothy Nell
Bought by
Hernandez Julian and Hernandez Bonifacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,747
Interest Rate
5.71%
Mortgage Type
FHA

Range of Values:

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Average Value
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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
Barraza Elviro -- None Available
Barraza Elviro $340,000 Chicago Title Company
Pacific View Corporation $189,000 Lawyers
Hernandez Julian -- Ticor Title San Diego
Hernandez Julian $340,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Julian $348,000
Previous Owner Hernandez Julian $80,000
Previous Owner Hernandez Julian $340,000
Previous Owner Hernandez Julian $334,747
Closed Hernandez Julian $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2014 08/04/14 Sold $340,000 +1.2% $289 / Sq Ft
07/07/2014 07/07/14 Pending -- -- --
06/26/2014 06/26/14 For Sale $336,000 +78.1% $286 / Sq Ft
03/18/2013 03/18/13 Sold $188,633 +25.8% $160 / Sq Ft
02/18/2013 02/18/13 Pending -- -- --
05/20/2012 05/20/12 For Sale $150,000 -- $128 / 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 $4,956 $400,606 $212,375 $188,231
2023 $4,846 $392,752 $208,211 $184,541
2022 $4,717 $385,052 $204,129 $180,923
2021 $4,685 $377,503 $200,127 $177,376
2020 $4,628 $373,633 $198,075 $175,558
2019 $4,546 $366,308 $194,192 $172,116
2018 $4,251 $359,127 $190,385 $168,742
2017 $4,150 $352,086 $186,652 $165,434
2016 $4,083 $345,184 $182,993 $162,191
2015 $4,023 $340,000 $180,245 $159,755
2014 $2,265 $189,489 $100,454 $89,035
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 140034675

San Diego MLS

APN: 476-302-07