$1,033,000
SOLD AUG 2, 2016

3429 Columbia St Unit 31 San Diego, CA 92103

Middletown Neighborhood
5 Beds
3 Baths
2,834 Sq Ft
5,100 Sq Ft Lot

Recently Sold

$365 Per Sq Ft

21% Below List Price

159 Days on Market

Highlights

  • Ocean View
  • RV Garage
  • Fireplace
  • Grant K-8 Rated A-
  • Cul-De-Sac
  • Partially Fenced Property

About This Home

As of August 2016

Prime View Cul-de-sac location. From the primary living areas enjoy panoramic views of downtown SD, the airport, the bay & much more. Each unit has a 2 car garage plus storage (in garage). Park 4 additional cars in driveway. Large rear yard with fruit trees. Unit 3429 has a newer furnace (2011) & an upgraded hall bathroom (2012). Unit 3431 has a newer furnace (2012), 5 newer windows (2012) & a huge upper rear deck. Newer garage doors (2012). Hardwood floors!

Last Agent to Sell the Property

Mark V. Chavez

Mark Vincent Chavez License #01209503 Listed on: 01/21/2016

Last Buyer's Agent

Theresa Panish

The Agency License #01896529

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,470

Year Built

  • Built in 1956

Lot Details

  • 5,100 Sq Ft Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Gentle Sloping Lot
  • Irrigation

Parking

  • RV Garage

Property Views

  • Ocean
  • Bay
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Rolled or Hot Mop Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Fireplace

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 451-532-04

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • N/K Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $17,246

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,470

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: West Thorn Street
  • Neighborhood: Mission Hills
  • LP / Sq Ft: 20.54
  • Stories: 1 Story
  • Sale Price List Price: 0.88
  • Total Stories: 1
  • Year Built: 1956
  • 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
  • Roof: Composition, Rolled/Hot Mop
  • View: Bay, City, Evening Lights, Mountains/Hills, Ocean, Panoramic

Garage/Parking

  • Parking for RV: Garage, On-Site Parking

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Fireplace, Forced Air Unit

Condo/Co-op/Association

  • Complex Name: N/K
  • Pets Allowed: Yes
  • Community: MIDDLETOWN

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

  • Irrigation: Manual
  • Lot Size: 4,000-7,499 SF
  • Site: Cul-De-Sac, Curbs, Sidewalks, Street Paved
  • Topography: Slope Gentle
  • Water District: CITY OF SAN DIEGO
  • Zoning: R-2
  • Assessor Parcel Number: 451-532-04
  • Land Use Code: R-2
  • Estimated Lot Sq Ft: 5100
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Map Code Column: H
  • Map Code Page: 1268
  • Map Code Row: 7

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 17246
  • Annual Expense Actual: 6154
  • Annual Expense Projected: 6154
  • Gross Rent Multiplier Projected: 18.86
  • Gross Sched Income Projected: 63600
  • Number Of Buildings: 2
  • Number Of Units With Fireplaces: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2016
Closed on
Jul 19, 2016
Sold by
Leib Helen
Bought by
Leib Gerald
Seller's Agent
Mark V. Chavez
Mark Vincent Chavez
Buyer's Agent
Theresa Panish
The Agency
List Price
$1,300,000
Sold Price
$1,033,000
Premium/Discount to List
-$267,000
-20.54%
Current Estimated Value
$1,879,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$846,549
Avg. Annual Appreciation
6.38%
Original Mortgage
$600,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 13, 1998
Sold by
Macomber Lula M
Bought by
Macomber Lula M

Purchase Details

Closed on
Oct 29, 1981
Sold by
Macomber Lula M and Macomber Frank J
Bought by
Macomber Frank J and Macomber Lula M
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 Type Sale Price Title Company
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- First American Title
Grant Deed $1,033,000 First American Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Tricor Title Insurers
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 Credit Line Revolving
Closed $600,000 Adjustable Rate Mortgage/ARM
Previous Owner $100,000 Credit Line Revolving
Previous Owner $40,770 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2017 02/04/17 Rented $3,350 -2.9% --
01/01/2017 01/01/17 Price Changed $3,450 -8.0% $2 / Sq Ft
12/12/2016 12/12/16 For Rent $3,750 0.0% --
08/02/2016 08/02/16 Sold $1,033,000 -20.5% $365 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $1,300,000 -- $459 / 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
2025 $14,470 $1,198,879 $882,042 $316,837
2024 $14,470 $1,175,373 $864,748 $310,625
2023 $14,151 $1,152,328 $847,793 $304,535
2022 $13,775 $1,129,734 $831,170 $298,564
2021 $13,681 $1,107,583 $814,873 $292,710
2020 $13,515 $1,096,227 $806,518 $289,709
2019 $13,274 $1,074,733 $790,704 $284,029
2018 $12,409 $1,053,660 $775,200 $278,460
2017 $12,115 $1,033,000 $760,000 $273,000
2016 $1,294 $107,689 $26,910 $80,779
2015 $1,193 $106,072 $26,506 $79,566
2014 $1,174 $103,995 $25,987 $78,008
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 160003475

San Diego MLS

APN: 451-532-04