3223 Idlewild Way San Diego, CA 92117
Bay Ho Neighborhood
4
Beds
3
Baths
1,600
Sq Ft
10,434
Sq Ft Lot
Highlights
- Bluff on Lot
- Property Near a Canyon
- Property is Fully Fenced
- Alcott Elementary School Rated A-
- Valley View
- 1-Story Property
About This Home
As of June 2023Rarely available CANYON duplex with phonomenal views from the backyard of the oversized lot. Perfect for a house-hacking, live in one and rent out the other, or an investor who wants to park their money in a highly upgraded duplex, 5 miles from the ocean. Also a great fit for the development minded buyer, with an oversized garage, that could be converted to an ADU, JrADU or both! Centrally located, residents can leave the 2 oversized garages and be on the I-5, I-52, or I-805 in minutes. It's a great option for professionals who need to be close to La Jolla, UTC or Pacific Beach. Also a few miles away from Sharp, Scripps and VA hospital centers. Also located 5 miles from UCSD or USD for students or faculty. This property is a wonderful solution for so many. One of the units has been highly upgraded with white, shaker cabinets with soft close hardware, quartz countertops, stainless steel appliances. The other unit has some upgrades, and is ready for the next owner to take it all the way. Both units have all hard surfaces, no carpet anywhere. Each unit enjoys expansive and private backyards, great for families with kids and/or pets.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,042
Year Built
- Built in 1954
Lot Details
- 10,434 Sq Ft Lot
- Property Near a Canyon
- Property is Fully Fenced
- Bluff on Lot
- Irregular Lot
Home Design
- Composition Roof
- Stucco Exterior
Interior Spaces
- 1-Story Property
- Valley Views
Utilities
- Gravity Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas/propane
- Assessor Parcel Number 359-241-12-00
Community Details
Pet Policy
- Pets Allowed
Additional Features
- 2 Units
- Net Operating Income $55,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 20, 2023
Closed on
Jun 22, 2023
Sold by
3223-3225 Idlewild Way Llc
Bought by
Melnick Anthony
Seller's Agent
Craig Hothem
Coldwell Banker Realty
Buyer's Agent
Twana Rasoul
Compass
List Price
$1,199,900
Sold Price
$1,125,000
Premium/Discount to List
-$74,900
-6.24%
Total Days on Market
23
Views
174
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
$168,813
Avg. Annual Appreciation
6.97%
Original Mortgage
$1,030,218
Outstanding Balance
$1,011,248
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$268,223
Purchase Details
Closed on
Dec 26, 2019
Sold by
Hothem Hugh
Bought by
3223 3225 Idlewild Way Llc
Purchase Details
Listed on
Feb 4, 2017
Closed on
Apr 19, 2017
Sold by
Hothem Ilene
Bought by
Hothem Hugh
Seller's Agent
Jeremy Sine
CoSine Real Estate
Buyer's Agent
Craig Hothem
Coldwell Banker Realty
List Price
$625,000
Sold Price
$625,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
Original Mortgage
$285,000
Interest Rate
4.21%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 23, 2017
Sold by
Silva Michael
Bought by
Hothem Hugh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.21%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 22, 2014
Sold by
Silva Manuel E
Bought by
Silva Manuel Eduardo
Purchase Details
Closed on
Jan 20, 2014
Sold by
Silva Elvira Francelina Matos and Silva Elvira M
Bought by
Silva Manuel E
Map
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,125,000 | Fidelity National Title | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Grant Deed | $625,000 | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,030,218 | FHA | |
| Previous Owner | $675,000 | Commercial | |
| Previous Owner | $285,000 | Commercial | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $23,000 | Stand Alone Second |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/28/2023 06/28/23 | Sold | $1,125,000 | +2.3% | $703 / Sq Ft |
| 06/13/2023 06/13/23 | Pending | -- | -- | -- |
| 06/06/2023 06/06/23 | Price Changed | $1,099,900 | -6.4% | $687 / Sq Ft |
| 06/03/2023 06/03/23 | Price Changed | $1,175,000 | -2.1% | $734 / Sq Ft |
| 05/20/2023 05/20/23 | For Sale | $1,199,900 | +92.0% | $750 / Sq Ft |
| 04/25/2017 04/25/17 | Sold | $625,000 | 0.0% | $395 / Sq Ft |
| 03/19/2017 03/19/17 | Pending | -- | -- | -- |
| 03/13/2017 03/13/17 | For Sale | $625,000 | 0.0% | $395 / Sq Ft |
| 02/11/2017 02/11/17 | Pending | -- | -- | -- |
| 02/03/2017 02/03/17 | For Sale | $625,000 | -- | $395 / Sq Ft |
Source: San Diego MLS
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 | $14,042 | $1,147,500 | $892,500 | $255,000 |
| 2023 | $9,371 | $762,102 | $683,265 | $78,837 |
| 2022 | $9,122 | $747,160 | $669,868 | $77,292 |
| 2021 | $9,059 | $732,511 | $656,734 | $75,777 |
| 2020 | $8,190 | $663,254 | $498,767 | $164,487 |
| 2019 | $8,044 | $650,250 | $488,988 | $161,262 |
| 2018 | $7,521 | $637,500 | $479,400 | $158,100 |
| 2017 | $981 | $81,171 | $40,788 | $40,383 |
| 2016 | $964 | $79,581 | $39,989 | $39,592 |
| 2015 | $951 | $78,387 | $39,389 | $38,998 |
| 2014 | $937 | $76,853 | $38,618 | $38,235 |
Source: Public Records
Source: San Diego MLS
MLS Number: 230009446
APN: 359-241-12
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