Seller's Agent in 2024
David Waitley
Heritage Re David Waitley Co B
(619) 602-9750
2 in this area
44 Total Sales
3147 Ronald Ct Spring Valley, CA 91977
Estimated Value: $884,000 - $1,083,987
6
Beds
3
Baths
2,184
Sq Ft
$454/Sq Ft
Est. Value
Highlights
- No Units Above
- Hiking Trails
- Laundry Room
- No HOA
- Park
- 5-minute walk to Lamar Park
About This Home
As of June 2024Wonderful Spring Valley Triplex with potential Assumable Loan at a very low interest rate! DO NOT DISTURB TENANTS AND DO NOT DRIVE ON TO THE PROPERTY. Current Cap Rate is over 6% and projected Cap Rates support a value well over $1M. Great investment property with existing cash flow in place. Three updated units with new flooring and updates throughout, including AC. Comprised of three 2b/1b units with spacious shared driveway & two assigned parking spaces per unit. Multi-family property with residential income or live in one unit and rent the other two. Lamar Park is adjacent to this property just located steps from your front doors! Next door to 9 acres of open green space, playgrounds, picnic tables, and a perfect place to play and relax. Quick access to the 94 freeway.
Last Agent to Sell the Property
Heritage Re David Waitley Co B Brokerage Email: davidwaitley@att.net License #00939416 Listed on: 04/26/2024
Co-Listed By
Heritage Re David Waitley Co B Brokerage Email: davidwaitley@att.net License #02027928
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,247
Year Built
- Built in 1959
Lot Details
- 10,165 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Density is up to 1 Unit/Acre
Home Design
- Property Attached
Interior Spaces
- 2,184 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Parking Available
- Gravel Driveway
- Shared Driveway
Additional Features
- Exterior Lighting
- Suburban Location
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 83108
- Tax Tract Number 1685
- Assessor Parcel Number 5032711900
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Laundry Facilities
Recreation
- Park
- Dog Park
- Hiking Trails
- Bike Trail
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $18,000
- Gross Income $66,200
- Net Operating Income $64,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 26, 2024
Closed on
May 9, 2024
Sold by
Warner Christopher and Warner Miranda
Bought by
Rondon Melissa and Allen Asunta Rashid
Seller's Agent
David Waitley
Heritage Re David Waitley Co B
Buyer's Agent
Maximo Perez
Tidal Realty
List Price
$799,000
Sold Price
$1,070,000
Premium/Discount to List
$271,000
33.92%
Views
88
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$78,003
Avg. Annual Appreciation
-7.98%
Original Mortgage
$1,070,000
Interest Rate
7.09%
Mortgage Type
VA
Purchase Details
Closed on
Aug 7, 2020
Sold by
Franco Ana Gabriela and Bojorquez Cindy
Bought by
Warner Christopher and Warner Miranda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,494
Interest Rate
2.9%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 6, 2018
Sold by
Franco Josefina
Bought by
Franco Ana Gabriela
Purchase Details
Closed on
May 27, 2011
Sold by
Franco Ricardo J
Bought by
Bojorquez Cindy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 29, 2011
Sold by
Sd Coastline Two Lp
Bought by
Franco Josefina and Bojorquez Cindy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 25, 2010
Sold by
Maldonado Rigoberto M and Maldonado Amparo
Bought by
Sd Coastline Two Lp
Purchase Details
Closed on
Apr 4, 2007
Sold by
Raglin Robert D and Raglin Carolyn Jane
Bought by
Maldonado Rigoberto M and Maldonado Amparo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
6.25%
Mortgage Type
Unknown
Purchase Details
Closed on
May 13, 2004
Sold by
Williams Roy E
Bought by
Raglin Robert D and Raglin Carolyn Jane
Purchase Details
Closed on
May 30, 2003
Sold by
Williams Roy E
Bought by
Williams Roy E
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rondon Melissa | $1,070,000 | Chicago Title | |
| Warner Christopher | $580,000 | California Title Company | |
| Franco Ana Gabriela | -- | Accommodation | |
| Bojorquez Cindy | -- | Fidelity National Title | |
| Franco Josefina | $265,000 | Fidelity National Title Sd | |
| Sd Coastline Two Lp | $147,500 | Fidelity National Title San | |
| Maldonado Rigoberto M | $560,000 | Stewart Title | |
| Raglin Robert D | -- | -- | |
| Williams Roy E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rondon Melissa | $1,083,372 | |
| Closed | Rondon Melissa | $1,070,000 | |
| Previous Owner | Warner Christopher | $569,632 | |
| Previous Owner | Warner Christopher | $569,494 | |
| Previous Owner | Franco Josefina | $130,000 | |
| Previous Owner | Maldonado Rigoberto M | $448,000 | |
| Previous Owner | Raglin Robert D | $70,000 | |
| Previous Owner | Williams Roy E | $208,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2024 06/21/24 | Sold | $1,070,000 | -2.7% | $490 / Sq Ft |
| 05/08/2024 05/08/24 | Pending | -- | -- | -- |
| 05/08/2024 05/08/24 | Price Changed | $1,099,900 | +37.7% | $504 / Sq Ft |
| 04/26/2024 04/26/24 | For Sale | $799,000 | -- | $366 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,247 | $1,091,400 | $663,000 | $428,400 |
| 2024 | $8,247 | $615,498 | $383,686 | $231,812 |
| 2023 | $7,990 | $603,430 | $376,163 | $227,267 |
| 2022 | $7,857 | $591,599 | $368,788 | $222,811 |
| 2021 | $7,773 | $580,000 | $361,557 | $218,443 |
| 2020 | $5,338 | $389,812 | $242,999 | $146,813 |
| 2019 | $4,352 | $304,343 | $106,472 | $197,871 |
| 2018 | $4,199 | $298,377 | $104,385 | $193,992 |
| 2017 | $831 | $292,528 | $102,339 | $190,189 |
| 2016 | $3,917 | $286,793 | $100,333 | $186,460 |
| 2015 | $3,894 | $282,486 | $98,826 | $183,660 |
| 2014 | $3,828 | $276,954 | $96,891 | $180,063 |
Source: Public Records
Agents Affiliated with this Home
-
David Waitley
-
Demi Waitley
Seller Co-Listing Agent in 2024
Demi Waitley
Heritage Re David Waitley Co B
(619) 368-5734
1 in this area
20 Total Sales
-
Maximo Perez
Buyer's Agent in 2024
Maximo Perez
Tidal Realty
(760) 521-1724
3 in this area
20 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PTP2402370
APN: 503-271-19
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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