NOT LISTED FOR SALE

Estimated Value: $886,000 - $1,158,828

3 Beds
2 Baths
1,232 Sq Ft
$881/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $575,000 $467 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $6,750/month

25 Days on Market

Highlights

  • Attic Fan
  • Partially Fenced Property
  • 1-Story Property
  • Marston Middle School Rated A-
  • Level Lot

About This Home

As of May 2017

Rare Clairemont duplex for sale! The units are 2BR/1BA and 1BR/1BA, both with single garages. Ideal investment or live in one and rent the other. The 2BR (3416) is attractive and well-maintained. And the 1BR (3418) is in good rental condition. Both have newer wall heaters and water heaters. 5 minutes to Clairemont Square dining, movies, market, & shops!

Last Listed By

Gary Kent

Keller Williams Realty LaJolla License #00862878 Listed on: 02/23/2017

Keller Williams Realty LaJolla

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,070

Year Built

  • Built in 1954

Lot Details

  • 6,970 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Attic Fan

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 359-361-20-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • Net Operating Income $22,698

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,070

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: Moraga Ave
  • Neighborhood: Clairemont North
  • Stories: 1 Story
  • Sale Price List Price: 1.01
  • Total Stories: 1
  • Year Built: 1954
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial

Utilities

  • Cooling: Attic Fan, Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: CLAIREMONT

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Curbs
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R2
  • Assessor Parcel Number: 359-361-20-00
  • Land Use Code: R2
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.16
  • Map Code Column: C
  • 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: 22698
  • Annual Expense Actual: 4902
  • Gross Rent Multiplier Actual: 20.6
  • Gross Sched Income Actual: 27600
  • Number Of Buildings: 1
  • 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

Closed on
Nov 21, 2017
Sold by
Chu May L
Bought by
Chu May Lan
Total Days on Market
25
Current Estimated Value
$1,085,707

Purchase Details

Listed on
Feb 23, 2017
Closed on
Apr 20, 2017
Sold by
Legler Dennis G and Legler Visitacion R
Bought by
Chu May L
Seller's Agent
Gary Kent
Keller Williams Realty LaJolla
Buyer's Agent
Hilary Peters
Coldwell Banker West
List Price
$569,000
Sold Price
$575,000
Premium/Discount to List
$6,000
1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$150,000
Interest Rate
4.1%
Mortgage Type
Unknown

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
Chu May Lan -- None Available
Chu May L $575,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chu May L $150,000
Closed Chu May L $150,000
Previous Owner Legler Dennis G $250,000
Previous Owner Legler Dennis G $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2017 05/05/17 Sold $575,000 +1.1% $467 / Sq Ft
03/20/2017 03/20/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $569,000 -- $462 / 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 $8,070 $654,245 $326,302 $327,943
2023 $7,892 $641,417 $319,904 $321,513
2022 $7,682 $628,841 $313,632 $315,209
2021 $7,630 $616,512 $307,483 $309,029
2020 $7,538 $610,192 $304,331 $305,861
2019 $7,403 $598,228 $298,364 $299,864
2018 $6,922 $586,499 $292,514 $293,985
2017 $918 $75,788 $37,799 $37,989
2016 $902 $74,303 $37,058 $37,245
2015 $889 $73,188 $36,502 $36,686
2014 $877 $71,755 $35,787 $35,968
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 170009203

San Diego MLS

APN: 359-361-20