Todd Armstrong
Compass
(858) 397-9995
89 Total Sales
4 in Bankers Hill
$780K - $10M Price Range
3233 3rd Ave San Diego, CA 92103
Bankers Hill NeighborhoodEstimated Value: $1,854,307
5
Beds
1.5
Baths
2,359
Sq Ft
$786/Sq Ft
Est. Value
Highlights
- City Lights View
- Ramp on the main level
- West Facing Home
- Property is near public transit
- Central Heating and Cooling System
- Turnkey
About This Home
As of March 2021Welcome to thriving Banker’s Hill & urban sophistication. This classic property sits on a mostly residential block. It was originally built as a detached home about 87 years ago, but has since been converted into 6 offices. The zoning is CC 3-6. Full of classic craftsman interior wood detailing such as boxwood ceilings, built-ins and wainscoting, much of the original interior charm has been preserved. Convert it back into a detached home (remove a wall, renovate kitchen, add closets, convert workspace to bath) – recent residential sales suggest a post renovation value of $1.5-1.6m for a detached home. Or convert to Live/Work space, multi-family (Add ADU), or simply use it as-is for your office space. Great for professional practices such as psychologists, attorneys, Insurance, CPA, etc. Secure gated parking lot in back with 7 spaces. The land value of this urban property is going up and will soon eclipse the current use value, so urban land-banking is also a great long-term hold option. Current layout has 6 offices with insulated walls, 1 work space, an entry/sitting area, kitchen and 1.5 baths. Central Heat, A/C and 1 fireplace. Small basement area for storage. Current owners had it rented for $6645/month. Property is well maintained & turn-key as Office Space.
Last Agent to Sell the Property
73 Degrees Realty License #01465911 Listed on: 02/26/2021
Last Buyer's Agent
Dan Floit
Floit Properties License #00701020
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Home Details
Home Type
- Single Family
Year Built
- Built in 1934
Lot Details
- 5,030 Sq Ft Lot
- West Facing Home
- Rectangular Lot
- Level Lot
- Front Yard
- Property is zoned CC 3-6
Home Design
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 2,359 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
- City Lights Views
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
Parking
- 7 Open Parking Spaces
- 7 Parking Spaces
- Parking Available
- Driveway
- Parking Lot
- Assigned Parking
Location
- Property is near public transit
- Urban Location
Additional Features
- Ramp on the main level
- Exterior Lighting
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 4525544600
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 18, 2022
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,960,000
Outstanding Balance
$6,543,035
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
-$4,688,728
Purchase Details
Listed on
Feb 26, 2021
Closed on
May 3, 2021
Sold by
Bought by
Seller's Agent
adam pascu
73 Degrees Realty
Buyer's Agent
Dan Floit
Floit Properties
List Price
$1,350,000
Sold Price
$1,400,000
Premium/Discount to List
$50,000
3.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%
Purchase Details
Listed on
Feb 26, 2021
Closed on
Mar 12, 2021
Sold by
Bought by
Seller's Agent
adam pascu
73 Degrees Realty
Buyer's Agent
Dan Floit
Floit Properties
List Price
$1,350,000
Sold Price
$1,400,000
Premium/Discount to List
$50,000
3.7%
Purchase Details
Closed on
Dec 11, 2015
Sold by
Bought by
Purchase Details
Closed on
Jul 10, 2014
Sold by
Bought by
Purchase Details
Closed on
Dec 20, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,000
Interest Rate
7.13%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 26, 1999
Sold by
Bought by
Purchase Details
Closed on
Feb 26, 1999
Sold by
Bought by
Purchase Details
Closed on
Jul 13, 1987
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Bankers Hill, CA
-
Todd Armstrong
-
Jim O'Donnell
Jim O'Donnell
United Real Estate San Diego
(858) 282-0021
43 Total Sales
1 in Bankers Hill
$1,965,000 Price
-
Aaron Gutridge
Aaron Gutridge
Real Brokerage Technologies
(949) 516-5045
49 Total Sales
1 in Bankers Hill
$539,000 Price
-
Rafael Rivera
Rafael Rivera
Compass
(971) 256-8548
82 Total Sales
1 in Bankers Hill
$785,000 Price
-
Viviana Kim
Viviana Kim
Major League Properties
(657) 500-0759
51 Total Sales
1 in Bankers Hill
$660,000 Price
-
Malik Bob
Malik Bob
Keller Williams La Jolla
(240) 549-5890
30 Total Sales
1 in Bankers Hill
$1,595,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Chicago Title | ||
| -- | Chicago Title Co Com Div | ||
| $1,400,000 | Chicago Title Co Com Div | ||
| -- | None Available | ||
| $950,000 | First American Title Company | ||
| $490,000 | Commonwealth Land Title Co | ||
| -- | -- | ||
| -- | -- | ||
| $315,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $6,960,000 | ||
| Previous Owner | $1,700,000 | ||
| Previous Owner | $660,000 | ||
| Previous Owner | $260,000 | ||
| Previous Owner | $250,000 | ||
| Previous Owner | $437,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/23/2021 03/23/21 | Sold | $1,400,000 | +3.7% | $593 / Sq Ft |
| 03/03/2021 03/03/21 | Pending | -- | -- | -- |
| 02/26/2021 02/26/21 | For Sale | $1,350,000 | -- | $572 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $18,991 | $1,545,711 | $1,104,080 | $441,631 |
| 2025 | $18,275 | $1,515,404 | $1,082,432 | $432,972 |
| 2024 | $18,275 | $1,485,691 | $1,061,208 | $424,483 |
| 2023 | $17,873 | $1,456,560 | $1,040,400 | $416,160 |
| 2022 | $17,398 | $1,428,000 | $1,020,000 | $408,000 |
| 2021 | $13,026 | $1,054,804 | $721,709 | $333,095 |
| 2020 | $12,868 | $1,043,989 | $714,309 | $329,680 |
| 2019 | $12,638 | $1,023,519 | $700,303 | $323,216 |
| 2018 | $11,815 | $1,003,451 | $686,572 | $316,879 |
| 2017 | $11,535 | $983,776 | $673,110 | $310,666 |
| 2016 | $11,353 | $964,487 | $659,912 | $304,575 |
| 2015 | $11,186 | $950,000 | $650,000 | $300,000 |
| 2014 | $7,129 | $602,305 | $184,378 | $417,927 |
Source: Public Records
Agents Affiliated with this Home
-
adam pascu
Seller's Agent in 2021
adam pascu
73 Degrees Realty
(858) 761-1707
35 Total Sales
-
Paul Sloman
Seller Co-Listing Agent in 2021
Paul Sloman
SD Investment RE, Inc.
(619) 692-1100
4 Total Sales
-
D
Buyer's Agent in 2021
Dan Floit
Floit Properties
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NDP2102093
APN: 452-554-46
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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