NOT LISTED FOR SALE

Estimated Value: $964,000 - $1,169,000

4 Beds
2 Baths
1,632 Sq Ft
$634/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $1,000,000 $613 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,010/month

Highlights

  • Partially Fenced Property
  • Alcott Elementary School Rated A-
  • 1-Story Property

About This Home

As of April 2024

Clairemont duplex fixer-upper awaits its new owner! Original unit mix was 2 bed/1 bath + 1bed/1bath. The garage was converted into additional living space, converting the front unit into 3 bedrooms. Great Location, with easy access to San Diegos beaches, Bay, Town square shopping center, freeway access, and transportation. Don’t miss your chance to make this income opportunity your very own!

Last Agent to Sell the Property

Nick Emerson

Keller Williams La Jolla License #01897169 Listed on: 04/19/2024

Keller Williams La Jolla

Last Buyer's Agent

Ryan Merriken

Nara Advisors, Inc. License #02147674

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,537

Year Built

  • Built in 1954

Lot Details

  • 6,000 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof

Additional Features

  • 1-Story Property
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 359-261-06-00

Community Details

Overview

  • 2 Units
  • Clairemont Mesa Community

Building Details

  • Net Operating Income $25,942

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,537

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro
  • Cross Street: Lake Forest Ave
  • Neighborhood: West Clairemont
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1954
  • Allow Comments Review: No
  • Internet Address Field: Partial Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Condo/Co-op/Association

  • Complex Name: Clairemont Mesa
  • Community: SAN DIEGO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 359-261-06-00
  • Estimated Lot Sq Ft: 6000
  • Estimated Number of Acres: 0.14
  • Map Code Column: D
  • Map Code Page: 1248
  • Map Code Row: 1

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 25942
  • Annual Expense Actual: 9458
  • Gross Rent Multiplier Actual: 28.0
  • Gross Rent Multiplier Projected: 16.0
  • Gross Sched Income Actual: 35400
  • Gross Sched Income Projected: 62400
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Apr 3, 2024
Sold by
Sentz Ellen P
Bought by
Starboard I Va 16 Llc
Seller's Agent
Nick Emerson
Keller Williams La Jolla
Buyer's Agent
Ryan Merriken
Nara Advisors, Inc.
List Price
$998,800
Sold Price
$1,000,000
Premium/Discount to List
$1,200
0.12%
Current Estimated Value
$1,034,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,886
Avg. Annual Appreciation
2.78%
Original Mortgage
$600,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 1988

Purchase Details

Closed on
Mar 15, 1985
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Starboard I Va 16 Llc $1,000,000 Lawyers Title
-- $155,000 --
-- $97,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starboard I Va 16 Llc $1,650,000
Closed Starboard I Va 3 Llc $1,936,348
Closed Starboard I Va 16 Llc $600,000
Previous Owner Sentz Ellen P $60,000
Previous Owner Sentz Ellen P $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 For Sale $998,800 -0.1% $612 / Sq Ft
04/15/2024 04/15/24 Sold $1,000,000 -- $613 / 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 $3,537 $285,134 $119,569 $165,565
2023 $3,459 $279,544 $117,225 $162,319
2022 $3,367 $274,064 $114,927 $159,137
2021 $3,344 $268,691 $112,674 $156,017
2020 $3,304 $265,937 $111,519 $154,418
2019 $3,245 $260,724 $109,333 $151,391
2018 $3,035 $255,613 $107,190 $148,423
2017 $2,963 $250,602 $105,089 $145,513
2016 $2,915 $245,689 $103,029 $142,660
2015 $2,872 $242,000 $101,482 $140,518
2014 $2,828 $237,261 $99,495 $137,766
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240008444

San Diego MLS

APN: 359-261-06