NOT LISTED FOR SALE

Estimated Value: $678,322 - $1,253,000

5 Beds
3 Baths
2,189 Sq Ft
$459/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $690,000 $315 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,921/month

14 Days on Market

Highlights

  • Corner Lot
  • Fireplace
  • Central Heating
  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of August 2021

TENANT OCCUPIED, DO NOT DISTUR TENANTS!! Great Property for investment

Last Agent to Sell the Property

Jorge Garcia

Elevate Real Estate Agency License #01866519 Listed on: 06/03/2021

Elevate Real Estate Agency

Last Buyer's Agent

Frank Ohrmund

Otay Real Estate Company License #01169441

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 9,148 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,189 Sq Ft Home
  • 1-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 8121
  • Assessor Parcel Number 234121023

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,020
  • New Taxes Expense $7,100
  • Operating Expense $8,120
  • Gross Income $36,780
  • Net Operating Income $36,780

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: R1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 234121023
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 315.21

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Other
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Multi Family

  • Gross Income: 36780.00
  • Gross Scheduled Income: 36780.00
  • Insurance Expense: 1020.00
  • Lot Size Area: 9148.0000 Square Feet
  • Net Operating Income: 36780.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 600.00
  • Rent Control: No
  • Total Actual Rent: 2865.00
  • Total Expenses: 8120.00

Tax Info

  • New Taxes Expense: 7100.00
  • Tax Census Tract: 316.01
  • Tax Lot: 20
  • Tax Tract Number: 8121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2021
Sold by
Aloe Properties Llc
Bought by
Aloe Properties Llc
Current Estimated Value
$1,003,831

Purchase Details

Listed on
Jun 3, 2021
Closed on
Jul 7, 2021
Sold by
Alegria Celso and Valenzuela Celso Alegria
Bought by
Aloe Properties Llc
Seller's Agent
Jorge Garcia
Elevate Real Estate Agency
Buyer's Agent
Frank Ohrmund
Otay Real Estate Company
List Price
$685,000
Sold Price
$690,000
Premium/Discount to List
$5,000
0.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%

Purchase Details

Closed on
Jun 6, 2005
Sold by
Alegria Bernardina
Bought by
Alegria Celso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 28, 2005
Sold by
Reichelsdorf David A and Reichelsdorf Donna E
Bought by
Alegria Celso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 28, 2001
Sold by
Reichelsdorf David A and Reichelsdorf Donna E
Bought by
Reichelsdorf David A and Reichelsdorf Donna E

Purchase Details

Closed on
Nov 9, 1998
Sold by
Marcovitch Sid D and Marcovitch Debra Debra
Bought by
Reichelsdorf David A and Reichelsdorf Donna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,875
Interest Rate
6.78%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Aloe Properties Llc -- Accommodation
Aloe Properties Llc $690,000 Usa National Title Company
Alegria Celso -- Lawyers Title
Alegria Celso $500,909 Lawyers Title
Reichelsdorf David A -- --
Reichelsdorf David A $121,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alegria Celso $350,000
Previous Owner Reichelsdorf David A $84,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2021 08/18/21 Sold $690,000 +0.7% $315 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $685,000 -- $313 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,944 $732,232 $106,120 $626,112
2023 $7,944 $703,800 $102,000 $601,800
2022 $7,764 $690,000 $100,000 $590,000
2021 $7,288 $643,862 $90,134 $553,728
2020 $7,233 $637,261 $89,210 $548,051
2019 $7,097 $624,766 $87,461 $537,305
2018 $6,959 $612,517 $85,747 $526,770
2017 $6,835 $600,508 $84,066 $516,442
2016 $6,395 $588,734 $82,418 $506,316
2015 $6,305 $579,892 $81,181 $498,711
2014 $6,247 $568,535 $79,592 $488,943
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG21112037

California Regional Multiple Listing Service (CRMLS)

APN: 234-121-023