NOT LISTED FOR SALE

Estimated Value: $802,000 - $974,000

3 Beds
2 Baths
1,320 Sq Ft
$663/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $715,000 $542 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,440/month

5 Days on Market

Highlights

  • Bonus Room
  • Granite Countertops
  • Laundry Room
  • Sun or Florida Room
  • Converted Garage
  • Partially Fenced Property

About This Home

As of September 2020

PLEASE DO NOT DISTURB TENANTS! Carefully restored by sellers who are environmentalists by trade and Mid Mod enthusiasts by heart, this home has everything a modern buyer wants. This home offers 180 degree views of Downtown and Coronado Bridge. Both front and backyards offer carefully curated hardscapes and drought-tolerant gardens with fruiting trees and a drip irrigation system. Carefully chosen updates like highly efficient designer windows, improved insulation, white roof and paid off solar. PLEASE DO NOT DISTURB TENANTS! The home is located in the neighborhood of Oak Park. The local community features its own fire station, library, community actors theater, regular cleanups, community events, along with a running/hiking track, baseball field, model race car track, and lots of wild life including coyotes, owls and multitude of other birds (great for birdwatching), ducks, and fish. The local park, Chollas Lake Park, which is in immediate proximity to the property, is a home to a lake where the “Festival of Lights” happens on a yearly basis, along with other holiday celebrations. The entire hardscape layout of the property and landscaping has been redesigned and converted to a drought tolerant garden, and now features several fruiting trees: pomegranate, passion fruit, and loquat trees, and a beautiful fully grown Norfolk Pine. All have been carefully curated over the years, to enhance the experience of one enjoying the connections between indoors and outdoors. Also found in the outdoor area is a beautiful vintage Malm/Preway designer fireplace, which is included with the property. A vegetable row with irrigation primed for growing tomatoes, zucchinis, watermelons, squash, Japanese squash, herbs, and a compost bin to naturally fertilize, is ready for your family to begin eating organic. The energy and environmental footprint of the house have been meticulously minimized and is now completely offset by a paid off 3.1KW solar system. Most processes at the house, including irrigation, are controlled by smart technologies via a Wink Hub. This allows a home owner to operate the property from anywhere in the world, as the current homeowners done for years. As an investment option, the home has rental income, providing a unique opportunity to own an already cash flowing property primed for future growth. NOI provided upon accepted offer.

Last Agent to Sell the Property

Erika Borunda

Compass License #01963227 Listed on: 09/08/2020

Compass

Last Buyer's Agent

Hershel Strother

Hershel Strother Home Services License #01849002

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,353

Year Built

  • Built in 1950

Lot Details

  • 7,300 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Stucco Exterior

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Bonus Room
  • Sun or Florida Room
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Converted Garage
  • Driveway

Utilities

  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 477-142-12-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,353

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Metro Uptown
  • Cross Street: REDWOOD/E Virgo
  • Neighborhood: Oak Park
  • Supplement: PLEASE DO NOT DISTURB TENANTS! The home is located in the neighborhood of Oak Park. The local community features its own fire station, library, community actors theater, regular cleanups, community events, along with a running/hiking track, baseball field, model race car track, and lots of wild life including coyotes, owls and multitude of other birds (great for birdwatching), ducks, and fish. The local park, Chollas Lake Park, which is in immediate proximity to the property, is a home to a lake where the “Festival of Lights” happens on a yearly basis, along with other holiday celebrations. The entire hardscape layout of the property and landscaping has been redesigned and converted to a drought tolerant garden, and now features several fruiting trees: pomegranate, passion fruit, and loquat trees, and a beautiful fully grown Norfolk Pine. All have been carefully curated over the years, to enhance the experience of one enjoying the connections between indoors and outdoors. Also found in the outdoor area is a beautiful vintage Malm/Preway designer fireplace, which is included with the property. A vegetable row with irrigation primed for growing tomatoes, zucchinis, watermelons, squash, Japanese squash, herbs, and a compost bin to naturally fertilize, is ready for your family to begin eating organic. The energy and environmental footprint of the house have been meticulously minimized and is now completely offset by a paid off 3.1KW solar system. Most processes at the house, including irrigation, are controlled by smart technologies via a Wink Hub. This allows a home owner to operate the property from anywhere in the world, as the current homeowners done for years. As an investment option, the home has rental income, providing a unique opportunity to own an already cash flowing property primed for future growth. NOI provided upon accepted offer.
  • LP / Sq Ft: 549.24
  • Price Per Sq Ft: 541.67
  • SP/ Sq Ft: 541.67
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1950
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Granite Counters
  • Equipment Available: Dishwasher, Microwave, Range/Oven
  • Searchable Rooms: Bonus Room, Sun Room, Laundry
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 11x16
  • Full Bathrooms: 2
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 1320
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial

Garage/Parking

  • Garage Details: Converted
  • Non Garage Parking: Driveway
  • Garage Spaces: 3
  • Parking Spaces Total: 3

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Community: CITY HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Assessor Parcel Number: 477-142-12-00
  • Estimated Lot Sq Ft: 7300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Sep 20, 2020
Sold by
Hedge Nicola and Naumov Aleksei
Bought by
Sveom Austin D and Shelat Kajal
Seller's Agent
Erika Borunda
Compass
Buyer's Agent
Hershel Strother
Hershel Strother Home Services
List Price
$725,000
Sold Price
$715,000
Premium/Discount to List
-$10,000
-1.38%
Current Estimated Value
$874,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,773
Avg. Annual Appreciation
4.01%
Original Mortgage
$572,000
Outstanding Balance
$509,912
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$359,236

Purchase Details

Closed on
Feb 4, 2013
Sold by
Pintar Investment Company Residential Lp
Bought by
Hedge Nicola and Naumov Aleksei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Pintar Investment Company Residential Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,495
Interest Rate
3.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 25, 2012
Sold by
Choung Vanh Nina
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 20, 2004
Sold by
Choung Peter Kim and Choung Vanh Nina
Bought by
Choung Vanh Nina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 8, 2003
Sold by
Choung Peter Kim and Choung Vanh Nina
Bought by
Choung Peter Kim and Choung Vanh Nina

Purchase Details

Closed on
May 6, 1991

Purchase Details

Closed on
Mar 16, 1988
Source: Public Records

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
Sveom Austin D $715,000 Lawyers Title Company
Hedge Nicola $329,000 Fidelity National Title
Pintar Investment Company Residential Lp $239,500 First American Title Ins Co
Federal Home Loan Mortgage Corporation $235,000 First American Title Company
Choung Vanh Nina -- Alliance Title San Diego
Fazio Amy -- Alliance Title San Diego
Choung Peter Kim -- --
-- $134,000 --
-- $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sveom Austin D $572,000
Previous Owner Hedge Nicola Mary $175,900
Previous Owner Hedge Nicola $101,558
Previous Owner Hedge Nicola $263,200
Previous Owner Pintar Investment Company Residential Lp $120,495
Previous Owner Choung Vanh Nina $102,500
Previous Owner Choung Vanh Nina $307,000
Previous Owner Choung Vanh Nina $70,000
Previous Owner Choung Vanh Nina $254,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $715,000 -1.4% $542 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $725,000 -- $549 / 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
2025 $9,353 $773,938 $541,216 $232,722
2024 $9,353 $758,763 $530,604 $228,159
2023 $9,147 $743,886 $520,200 $223,686
2022 $8,904 $729,300 $510,000 $219,300
2021 $8,843 $715,000 $500,000 $215,000
2020 $4,503 $370,440 $153,189 $217,251
2019 $4,421 $363,178 $150,186 $212,992
2018 $4,215 $356,058 $147,242 $208,816
2017 $80 $349,077 $144,355 $204,722
2016 $3,966 $342,233 $141,525 $200,708
2015 $3,907 $337,094 $139,400 $197,694
2014 $3,844 $330,492 $136,670 $193,822
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200043599

San Diego MLS

APN: 477-142-12