NOT LISTED FOR SALE

Estimated Value: $831,000 - $940,000

5 Beds
3 Baths
2,244 Sq Ft
$394/Sq Ft Est. Value

Last Sold January 04, 2023

Last sale price $850,000 $379 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,535/month

17 Days on Market

Highlights

  • Spa
  • Zoned Cooling
  • Property is Fully Fenced
  • Fireplace
  • 1-Story Property
  • Heating Available

About This Home

As of January 2023

Quiet neighborhood with a fully remodeled four bedroom, two bathroom house. Home does have a fully remodeled coversion that is a one bedroom, one bathroom with WD hookup that can be rented for about $2,000 per month to help offset your mortgage payment significantly! This home was truly designed as a sanctuary for its new owner to enjoy the villa-style primary bedroom with a spa-like ensuite! As you enter the house you're greeted by an open space combining the main living area where kitchen, dining and family share high vaulted ceilings. No expense was spared through this renovation where attention to detail was paramount. Photos cannot do the home nor the design justice. In-person tours are an ABSOLUTE MUST!! Plus - Seller is willing to offer credits for buyer/closing costs.

Last Agent to Sell the Property

guillermo miranda

Real Broker License #02173183 Listed on: 11/04/2022

Real Broker

Co-Listed By

Andrew Greer

Real Broker License #01935052

Last Buyer's Agent

Amra Munsch

Velocity Realty License #01889655

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,095

Year Built

  • 1968

Lot Details

  • 0.26 Acre Lot
  • Property is Fully Fenced

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Wired For Data
  • Fireplace

Pool

  • Spa

Utilities

  • Zoned Cooling
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for sewer, water, electricity, gas/propane
  • Assessor Parcel Number 620-510-71-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,095

Year Built

1968

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: South Bay
  • Cross Street: Melrose Ave
  • Neighborhood: Chula Vista
  • Miscellaneous: Dog Run, Outbuilding
  • Stories: 1 Story
  • Sale Price List Price: 0.96
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Roof: Composition
  • Spa Heat: Gas

Utilities

  • Cooling: Wall/Window, Zoned Area(s)
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial), Wired High Speed Internet
  • Heat Equipment: Fireplace, Forced Air Unit

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: CHULA VISTA

Schools

  • School District URL: http://www.suhsd.k12.ca.us/

Lot Info

  • Lot Size: .5 to 1 AC
  • Water District: SWEETWATER AUTHORITY
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 620-510-71-00
  • Estimated Lot Sq Ft: 11330

Rental Info

  • Tenant Pays: Sewer, Water, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 1
  • Annual Expense Actual: 1
  • Gross Rent Multiplier Actual: 1.0
  • Gross Sched Income Projected: 8000
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Other Income Actual: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Nov 30, 2022
Sold by
Gonzalez Guillermo Miranda
Bought by
George Alleyne
Seller's Agent
guillermo miranda
Real Broker
Buyer's Agent
Amra Munsch
Velocity Realty
List Price
$889,999
Sold Price
$850,000
Premium/Discount to List
-$39,999
-4.49%
Views
54
Current Estimated Value
$884,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,348
Avg. Annual Appreciation
2.69%
Original Mortgage
$880,600
Outstanding Balance
$856,950
Interest Rate
6.58%
Mortgage Type
VA
Estimated Equity
$50,463

Purchase Details

Closed on
Aug 24, 2022
Sold by
Lopez Alfaro Orlando
Bought by
Gonzalez Guillermo Miranda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2009
Sold by
Lopez Maria Luz
Bought by
Alfaro Orlando Lopez

Purchase Details

Closed on
Jan 29, 2009
Sold by
Herrera Gerrardo and Herrera Dina
Bought by
Alfaro Orlando Lopez and Alvarado Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,837
Interest Rate
5.06%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 30, 1998
Sold by
Friese Karl E 1990 Trust 08-15-90 and Ruth Pauline
Bought by
Herrera Gerardo and Herrera Dina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,900
Interest Rate
6.9%
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
George Alleyne $850,000 Ticor Title
Gonzalez Guillermo Miranda $490,000 Ticor Title
Alfaro Orlando Lopez -- First American Title Company
Alfaro Orlando Lopez $285,000 First American Title Company
Herrera Gerardo $156,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open George Alleyne $880,600
Previous Owner Gonzalez Guillermo Miranda $524,000
Previous Owner Alfaro Orlando Lopez $279,837
Previous Owner Herrera Gerardo $426,000
Previous Owner Herrera Gerardo $28,400
Previous Owner Herrera Gerardo $60,000
Previous Owner Herrera Gerardo $232,000
Previous Owner Herrera Gerardo $50,000
Previous Owner Herrera Gerardo $190,937
Previous Owner Herrera Gerardo $116,900
Closed Herrera Gerardo $23,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2023 01/04/23 Sold $850,000 -4.5% $379 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $889,999 -- $397 / 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 $10,095 $866,999 $629,465 $237,534
2023 $11,165 $730,000 $530,000 $200,000
2022 $3,990 $345,830 $103,564 $242,266
2021 $3,897 $339,050 $101,534 $237,516
2020 $3,804 $335,574 $100,493 $235,081
2019 $3,704 $328,995 $98,523 $230,472
2018 $3,646 $322,545 $96,592 $225,953
2017 $13 $316,222 $94,699 $221,523
2016 $3,484 $310,023 $92,843 $217,180
2015 $3,434 $305,367 $91,449 $213,918
2014 $3,376 $299,386 $89,658 $209,728
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220027488

San Diego MLS

APN: 620-510-71