NOT LISTED FOR SALE

306-8 N Citrus Ave Vista, CA 92084

Estimated Value: $620,693 - $826,000

2 Beds
1 Bath
1,022 Sq Ft
$683/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $380,000 $372 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,195/month

3 Days on Market

Highlights

  • Tile Flooring
  • Back Yard
  • 1-Story Property
  • Rancho Buena Vista High School Rated A-

About This Home

As of December 2020

Great investment opportunity! Two separate and detached single story homes that each have separate fully fenced divided yards.#306 is 2 bed, 1 bath and currently rents for $1200 a month, should rent for $1300-$1400 per month. #306 has been updated inside this year with new carpet less than three months ago, six new dual glazed windows. Both #306 & #308's exteriors have been repainted and new roofs installed. #308 is 1 bed, 1 bath currently rents for $900 a month. Once remodeled it should rent for $1200-$1300 per month. No HOA! Centrally located within walking distance to downtown Vista Village, public transit and parks. Close to schools, easy freeway access and short drive to beautiful north county beaches. Don't miss this amazing opportunity. Price includes both homes. Cannot sell homes separately as they share the same parcel.

Last Agent to Sell the Property

Serri Rowell

Real Broker License #01484073 Listed on: 12/14/2020

Real Broker

Co-Listed By

Tina King

Real Broker License #01704625

Last Buyer's Agent

Niloo Karimi-James

Coldwell Banker-Los Altos First Street License #01354198

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 3,595 Sq Ft Lot
  • No Common Walls
  • Back Yard

Interior Spaces

  • 1,022 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Listing and Financial Details

  • Tax Lot 8/12
  • Tax Tract Number 1468
  • Assessor Parcel Number 1751331300

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $950
  • Trash Expense $600
  • Water Sewer Expense $1,050
  • New Taxes Expense $750
  • Operating Expense $8,200
  • Gross Income $25,200
  • Net Operating Income $17,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • CapRate: 3.90
  • Property Attached: No
  • Water Sewer Expenses: 1050.00
  • Zoning: R-3:RESTRICTED MULTIPLE
  • Property Type: Residential Income
  • Parcel Number: 1751331300
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 371.82

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 3595.00
  • Lot Size Acres: 0.0800

Multi Family

  • Gross Income: 25200.00
  • Gross Scheduled Income: 25200.00
  • Insurance Expense: 950.00
  • Lot Size Area: 3595.0000 Square Feet
  • Net Operating Income: 17000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 8200.00
  • Rent Control: No
  • Total Actual Rent: 2100.00
  • Total Expenses: 8200.00

Tax Info

  • New Taxes Expense: 750.00
  • Tax Lot: 8/12
  • Tax Tract Number: 001468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2021
Sold by
Ciervo Jordan
Bought by
Ciervo Revocable Living Trust and Ciervo
Current Estimated Value
$698,173

Purchase Details

Closed on
Apr 26, 2021
Sold by
Ciervo Jordan
Bought by
Carson Kirk and Ciervo Jordan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,900
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2021
Sold by
Carson Callie
Bought by
Carson Kirk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,900
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 14, 2020
Closed on
Dec 28, 2020
Sold by
Ciervo April
Bought by
Ciervo Jordan
Seller's Agent
Serri Rowell
Real Broker
Buyer's Agent
Niloo Karimi-James
Coldwell Banker-Los Altos First Street
List Price
$435,000
Sold Price
$380,000
Premium/Discount to List
-$55,000
-12.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.75%

Purchase Details

Closed on
Aug 25, 2008
Sold by
Jenkins Gordon and Jenkins Michelle
Bought by
Cgmnj Llc

Purchase Details

Closed on
Oct 29, 2003
Sold by
Magill Nichols General Partnership
Bought by
Jenkins Gordon and Jenkins Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2002
Sold by
Rodriguez Alice J
Bought by
Magill Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.78%

Purchase Details

Closed on
Jan 26, 2001
Sold by
Rodriguez Armando
Bought by
Rodriguez Alice J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
9.62%

Purchase Details

Closed on
Dec 15, 2000
Sold by
Winicki Morris Z and Winicki Barbara
Bought by
Rodriguez Alice J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
9.62%

Purchase Details

Closed on
Mar 22, 1996
Sold by
Winicki Morris Z and Winicki Barbara E
Bought by
Winicki Morris Z and Winicki Barbara E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ciervo Revocable Living Trust -- None Listed On Document
Carson Kirk -- Ticor Title San Diego Branch
Carson Kirk -- Ticor Title San Diego Branch
Ciervo Jordan -- Lawyers Title Company
Ciervo Jordan $380,000 Lawyers Title Company
Cgmnj Llc -- None Available
Jenkins Gordon $295,000 Fidelity National Title Co
Magil Nichols General Partnership -- Fidelity National Title Co
Magill Chris $144,000 First American Title Ins Co
Rodriguez Alice J -- American Title
Rodriguez Alice J $85,000 American Title
Winicki Morris Z -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carson Kirk $381,900
Previous Owner Jenkins Gordon $221,250
Previous Owner Magill Chris $145,000
Previous Owner Rodriguez Alice J $76,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2020 12/30/20 Sold $380,000 -12.6% $372 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
12/14/2020 12/14/20 For Sale $435,000 -- $426 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,881 $411,322 $335,553 $75,769
2024 $5,881 $403,258 $328,974 $74,284
2023 $5,774 $395,352 $322,524 $72,828
2022 $5,763 $387,600 $316,200 $71,400
2021 $5,639 $380,000 $310,000 $70,000
2020 $5,679 $383,497 $246,999 $136,498
2019 $5,604 $375,978 $242,156 $133,822
2018 $5,395 $368,607 $237,408 $131,199
2017 $4,768 $310,000 $155,000 $155,000
2016 $4,619 $300,000 $150,000 $150,000
2015 $4,636 $300,000 $150,000 $150,000
2014 $4,378 $280,000 $140,000 $140,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2003556

California Regional Multiple Listing Service (CRMLS)

APN: 175-133-13