NOT LISTED FOR SALE

Estimated Value: $1,356,000 - $1,458,000

5 Beds
3 Baths
-- Sq Ft
7,070 Sq Ft Lot

Last Sold February 25, 2019

Last sale price $835,000

Est. 68% increase in value since last sale

Current estimated payment $8,391/month

Highlights

  • City View
  • Level Lot
  • 1-Story Property
  • Partially Fenced Property
  • Gravity Heating System

About This Home

As of February 2019

Well maintained rental ideal for the 1st time investor or resident investor. Top location just a few blocks off Fern street.

Last Agent to Sell the Property

Chip Brent

San Diego Properties License #00817374 Listed on: 01/29/2019

Co-Listed By

Loren Brent

San Diego Properties License #01966595

Last Buyer's Agent

Stephanie Smith

Ingenuity Realty License #01243028

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,250

Year Built

  • Built in 1953

Lot Details

  • 7,070 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • RV Potential

Property Views

  • City
  • Valley

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for water, electricity, hot water
  • Assessor Parcel Number 539-326-01-00

Community Details

Overview

  • 2 Units
  • South Park Community

Building Details

  • Net Operating Income $36,882

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,250

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: 32nd st
  • Neighborhood: South Park
  • Stories: 1 Story
  • Sale Price List Price: 1.01
  • Total Stories: 1
  • Year Built: 1953
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition
  • View: City, Valley/Canyon

Garage/Parking

  • Parking for RV: Potential Space

Utilities

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

Condo/Co-op/Association

  • Complex Name: South Park
  • Community: SAN DIEGO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level, Slope Gentle
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 539-326-01-00
  • Estimated Lot Sq Ft: 7070
  • Estimated Number of Acres: 0.16
  • Map Code Column: E
  • Map Code Page: 1289
  • Map Code Row: 2

Rental Info

  • Tenant Pays: Water, Electricity, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 36882
  • Annual Expense Actual: 12318
  • Gross Rent Multiplier Actual: 16.76
  • Gross Sched Income Actual: 49200
  • Number Of Buildings: 1
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2024
Sold by
Claude & Christie Faugenet 2015 Trust and Faugenet Claude
Bought by
Alonso Jesus Borchardt and Ramo Iveth
Total Days on Market
0
Current Estimated Value
$1,404,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,500
Outstanding Balance
$114,313
Interest Rate
6.95%
Estimated Equity
$1,294,095

Purchase Details

Closed on
Sep 15, 2021
Sold by
Faugenet Christie L and Faugenet Claude P
Bought by
Faugenet Claude P and Faugenet Christie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$824,600
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 29, 2019
Closed on
Jan 28, 2019
Sold by
Lizarraga Eduardo
Bought by
Faugenet Claude P and Faugenet Christie L
Seller's Agent
Chip Brent
San Diego Properties
Buyer's Agent
Stephanie Smith
Ingenuity Realty
List Price
$825,000
Sold Price
$835,000
Premium/Discount to List
$10,000
1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.70%
Original Mortgage
$620,200
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2011
Sold by
Federal National Mortgage Association
Bought by
Lizarraga Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 14, 2011
Sold by
Chandler James N and Chandler Clarita C
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 4, 2007
Sold by
Linn Marc C and Blessing Elizabeth C
Bought by
Chandler James N and Chandler Clarita C

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
6.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 21, 1999
Sold by
Larue Steven D
Bought by
Linn Marc C and Blessing Elizabeth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,400
Interest Rate
6.84%
Source: Public Records

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Range of Values:

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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
Alonso Jesus Borchardt $1,405,000 First American Title
Faugenet Claude P -- Accommodation
Faugenet Claude P $835,000 Corinthian Title Company Inc
Lizarraga Eduardo $436,000 Stewart Title Of California
Federal National Mortgage Association $449,754 Landsafe
Chandler James N $650,000 Southland Title Of San Diego
Linn Marc C $193,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alonso Jesus Borchardt $140,500
Open Alonso Jesus Borchardt $1,120,000
Previous Owner Faugenet Christie L $824,600
Previous Owner Faugenet Claude P $700,000
Previous Owner Faugenet Claude P $620,200
Previous Owner Lizarraga Eduardo $220,000
Previous Owner Chandler James N $130,000
Previous Owner Chandler James N $520,000
Previous Owner Linn Marc C $200,000
Previous Owner Linn Marc C $146,200
Previous Owner Linn Marc C $154,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2019 02/25/19 Sold $835,000 +1.2% --
01/29/2019 01/29/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $825,000 -- --
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
2024 $11,250 $913,188 $745,636 $167,552
2023 $11,002 $895,283 $731,016 $164,267
2022 $10,710 $877,730 $716,683 $161,047
2021 $10,637 $860,521 $702,631 $157,890
2020 $10,508 $851,699 $695,427 $156,272
2019 $6,116 $500,740 $408,863 $91,877
2018 $5,717 $490,923 $400,847 $90,076
2017 $5,580 $481,298 $392,988 $88,310
2016 $5,489 $471,862 $385,283 $86,579
2015 $5,407 $464,775 $379,496 $85,279
2014 $5,321 $455,672 $372,063 $83,609
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 190005549

San Diego MLS

APN: 539-326-01