NOT LISTED FOR SALE

3246-48 Clairemont Mesa Blvd San Diego, CA 92117

North Clairemont Neighborhood

Estimated Value: $1,268,000 - $1,978,000

6 Beds
4 Baths
2,084 Sq Ft
$766/Sq Ft Est. Value

Last Sold November 28, 2017

Last sale price $1,100,000 $528 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $10,194/month

125 Days on Market

About This Home

As of November 2017

3246-48 Clairemont Mesa Blvd is a two unit complex in the San Diego suburb of Clairemont. In 2013 new construction was completed, adding an extra bedroom and bathroom to each unit. In addition 5 garages were constructed in the rear of the property. Currently the property consists of two 3 Bedroom / 2 Bath units. The 5 garages are available for rent, drastically increasing the monthly cash flow without increasing expenses.

Last Agent to Sell the Property

Danielle Vera

Marcus & Millichap License #01297138 Listed on: 07/06/2017

Last Buyer's Agent

Gregory Scafidi

Berkshire Hathaway HomeServices California Properties License #00962216

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,105

Year Built

  • Built in 1985

Lot Details

  • 6,229

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 359-262-19-00

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Clairemont Community

Building Details

  • Net Operating Income $42,225

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,105

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro
  • Cross Street: Clairemont Mesa Blvd
  • Neighborhood: Clairemont
  • LP / Sq Ft: 22.48
  • Stories: 1 Story
  • Sale Price List Price: 0.96
  • Total Stories: 1
  • Year Built: 1985
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Condo/Co-op/Association

  • Complex Name: Clairemont
  • Community: CLAIREMONT

Lot Info

  • Lot Size: .25 to .5 AC
  • Assessor Parcel Number: 359-262-19-00
  • Land Use Code: R-2

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 42225
  • Annual Expense Actual: 21573
  • Annual Expense Projected: 22043
  • Gross Rent Multiplier Actual: 18.02
  • Gross Rent Multiplier Projected: 16.39
  • Gross Sched Income Actual: 63798
  • Gross Sched Income Projected: 60000
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 5
  • 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
  • Other Income Actual: 12000
  • Other Income Projected: 15000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2017
Closed on
Nov 10, 2017
Sold by
Konishi Brian G
Bought by
Scafidi Rosa L and Scafidi Family Trust
Seller's Agent
Danielle Vera
Marcus & Millichap
Buyer's Agent
Gregory Scafidi
Berkshire Hathaway HomeServices California Properties
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Total Days on Market
125
Current Estimated Value
$1,596,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,227
Avg. Annual Appreciation
5.09%

Purchase Details

Closed on
Aug 21, 2014
Sold by
Konishi Brian G and Konishi Brian
Bought by
Konishi Brian G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$611,190
Interest Rate
4.11%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 2007
Sold by
Whipps Jared
Bought by
Konishi Brian

Purchase Details

Closed on
Oct 21, 2005
Sold by
Faec Holdings 369513 Llc
Bought by
Whipps Jared

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
6.07%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 19, 2005
Sold by
Jenkins Richard L
Bought by
Faec Holdings 369513 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 1983
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
Scafidi Rosa L $1,100,000 California Title Company
Konishi Brian G -- First American Title Company
Konishi Brian -- California Title
Whipps Jared $555,000 First American Title Company
Faec Holdings 369513 Llc $1,000,000 First American Title
-- $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Konishi Brian G $602,189
Previous Owner Konishi Brian G $604,098
Previous Owner Konishi Brian G $611,190
Previous Owner Konishi Brian $655,150
Previous Owner Konishi Brian $645,468
Previous Owner Whipps Jared $111,000
Previous Owner Whipps Jared $444,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2017 11/28/17 Sold $1,100,000 -4.3% $528 / Sq Ft
11/08/2017 11/08/17 Pending -- -- --
10/26/2017 10/26/17 Price Changed $1,150,000 -4.2% $552 / Sq Ft
07/21/2017 07/21/17 Price Changed $1,200,000 -4.0% $576 / Sq Ft
07/06/2017 07/06/17 For Sale $1,250,000 -- $600 / 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 $15,105 $1,227,067 $780,861 $446,206
2023 $14,772 $1,203,007 $765,550 $437,457
2022 $14,379 $1,179,420 $750,540 $428,880
2021 $14,281 $1,156,295 $735,824 $420,471
2020 $14,108 $1,144,440 $728,280 $416,160
2019 $13,856 $1,122,000 $714,000 $408,000
2018 $12,954 $1,100,000 $700,000 $400,000
2017 $7,284 $620,000 $410,000 $210,000
2016 $7,076 $600,000 $397,000 $203,000
2015 $6,255 $530,000 $351,000 $179,000
2014 $5,926 $500,000 $332,000 $168,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 170035191

San Diego MLS

APN: 359-262-19