NOT LISTED FOR SALE

Estimated Value: $1,118,000 - $1,228,000

4 Beds
1 Bath
1,776 Sq Ft
$662/Sq Ft Est. Value

Last Sold July 10, 2013

Last sale price $620,000 $349 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $7,605/month

7 Days on Market

Highlights

  • Granite Flooring
  • Forced Air Heating System
  • 1-Story Property
  • Del Mar High School Rated A-

About This Home

As of July 2013

2 DETACHED SINGLE FAMILY HOMES ON ONE LOT! EACH W/1 CAR GARAGE PLUS ADDITIONAL PARKING SPACE*GREAT CONDITION*SQ FT POSTED INCLUDES BACK HOME 2BD/2BA(336 LEIGH)AT 996 SF + FRONT HOME 2 BD/1 BA(334 LEIGH) AT 780 SF*SEP PG&E METERS*SOME HARDWOOD FLOORING-GRANITE SLAB COUNTERS*FRESH PAINT*DOUBLE PANE WINDOWS*CENTRAL HEAT*LAUNDRY IN GARAGES*EXCELLENT INVESTMENT OPPORTUNITY!

Last Agent to Sell the Property

Ivan Margaretich

Intero Real Estate Services License #01179884 Listed on: 06/19/2013

Intero Real Estate Services

Last Buyer's Agent

Joe Pollifrone

Christie's International Real Estate Sereno License #00889153

Christie's International Real Estate Sereno

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,352

Year Built

  • 1930

Lot Details

  • 6,098

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,776 Sq Ft Home
  • 1-Story Property
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Granite
  • Tile
  • Vinyl

Parking

  • Garage
  • Private Parking
  • Garage Door Opener

Eco-Friendly Details

  • Energy-Efficient Insulation

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $43,200
  • The owner pays for water

Community Details

Overview

  • 2 Units
  • 1,776 Sq Ft Building

Building Details

  • Insurance Expense $1,500
  • Operating Expense $9,532
  • Gross Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,352

Year Built

1930

Lot Details

0

Listing Details

  • Zoning: R1-N2
  • Subclass: Duplex
  • Age: 83
  • Inspections Reports: Fault Zone, Geological/Flood, Pest Control, Property Inspection, Flood Zone
  • Sale Price Per Sq Ft: 349.10
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1776
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Kitchen: Dishwasher, Varies By Unit, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 1776
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Tile, Carpet - Wall To Wall, Granite, Hardwood, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Gate / Door Opener, Private / Exclusive, Spaces Per Unit - 1

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7841.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7841.00
  • Lot Size Area Min Search: 7841.00
  • Maximum Lot Size: 7841.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 13.54
  • Max Rent2 Bed1 Bath Units: 1950
  • Min Rent2 Bed1 Bath: 1750
  • Min Rent2 Bed1 Plus Bath Units: 1850

Multi Family

  • Expense Insurance: 1500
  • Expenses Total: 9532
  • Expense Water Sewer: 720
  • Income Annual Gross: 43200.00
  • Income Annual Rental: 43200
  • Income Gross Scheduled: 43200
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Maximum Rent2 Bed1 Bath: 1850
  • Maximum Size2 Bed1 Bath: 780
  • Maximum Size2 Bed1 Plus Bath Units: 996
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 1
  • Number Of Buildings: 2
  • Operating Expenses Include: Utilities - Water, Insurance, Fee - Property Tax
  • Owner Pays: Water
  • Tenant Expenses: Utilities - Gas, Utilities - Electric
  • Min Size2 Bed1 Bath: 780
  • Min Size2 Bed1 Plus Bath Units: 996

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2021
Sold by
Muscianisi Domenico
Bought by
Muscianisi Domenico and Muscianisi Maria Theresa
Current Estimated Value
$1,216,202

Purchase Details

Listed on
Jun 19, 2013
Closed on
Jun 28, 2013
Sold by
Kusalo Ivo
Bought by
Muscianisi Domenico
Seller's Agent
Ivan Margaretich
Intero Real Estate Services
Buyer's Agent
Joe Pollifrone
Christie's International Real Estate Sereno
List Price
$585,000
Sold Price
$620,000
Premium/Discount to List
$35,000
5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%

Purchase Details

Closed on
Apr 22, 1998
Sold by
Kusalo Mato and Kusalo Mary Ann
Bought by
Kusalo Ivo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.13%
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
Muscianisi Domenico -- None Available
Muscianisi Domenico $620,000 Chicago Title Company
Kusalo Ivo $27,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kusalo Ivo $187,000
Previous Owner Kusalo Ivo $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2013 07/10/13 Sold $620,000 +6.0% $349 / Sq Ft
06/26/2013 06/26/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $585,000 -- $329 / Sq Ft
Source: MLSListings

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 $11,352 $745,119 $558,843 $186,276
2023 $11,175 $730,510 $547,886 $182,624
2022 $11,158 $716,188 $537,144 $179,044
2021 $11,060 $702,146 $526,612 $175,534
2020 $10,913 $694,948 $521,213 $173,735
2019 $11,158 $681,323 $510,994 $170,329
2018 $10,251 $667,965 $500,975 $166,990
2017 $9,907 $654,868 $491,152 $163,716
2016 $9,332 $642,028 $481,522 $160,506
2015 $9,153 $632,386 $474,290 $158,096
2014 $8,687 $620,000 $465,000 $155,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81322177

MLSListings

APN: 277-14-023