NOT LISTED FOR SALE

Estimated Value: $1,261,000 - $1,486,798

5 Beds
3 Baths
2,070 Sq Ft
$666/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $985,000 $476 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,362/month

3 Days on Market

Highlights

  • 0.23 Acre Lot
  • Property is Fully Fenced
  • 1-Story Property
  • McKinley Elementary School Rated A
  • Level Lot

About This Home

As of September 2021

Great South Park location with two houses on one lot each with private yards. Opportunity for a traditional investor to lock in historically low 30 year fixed rate or an owner-occupant purchaser looking to live in one and rent the other to help with the mortgage. 3 Bedroom has a large master suite with private bath. Both homes have in unit laundry. Property condition is good with room for improvement and is priced accordingly. Half mile walk to 30th Street for trendy restaurants and breweries or a short drive to Hillcrest, Downtown, Mission Valley, and Beaches.

Last Agent to Sell the Property

Sharon Miller

RE/MAX Connections License #00631118 Listed on: 08/20/2021

RE/MAX Connections

Last Buyer's Agent

Scott Holder

Orion Management & Realty Inc. License #01269149

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,665

Year Built

  • Built in 1967

Lot Details

  • 10,040 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Separate Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 540-010-19-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,665

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: 30th and Commonwealth
  • Neighborhood: South Park
  • Stories: 1 Story
  • Sale Price List Price: 1.06
  • Total Stories: 1
  • Year Built: 1967
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: NORTH PARK

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R-2
  • Assessor Parcel Number: 540-010-19-00
  • Estimated Lot Dimensions: 52x193
  • Estimated Lot Sq Ft: 10040
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.23
  • Map Code Column: F
  • Map Code Page: 1289
  • Map Code Row: 1

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 2
  • Gross Sched Income Actual: 47880
  • Number Of Buildings: 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
Aug 20, 2021
Closed on
Nov 18, 2021
Sold by
Alonzo Alvin and Dizon Alonzo Reinalene
Bought by
Alonzo Alvin Magos and Dizon Alonzo Reinalene
Seller's Agent
Sharon Miller
RE/MAX Connections
Buyer's Agent
Scott Holder
Orion Management & Realty Inc.
List Price
$925,000
Sold Price
$985,000
Premium/Discount to List
$60,000
6.49%
Current Estimated Value
$1,378,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,200
Avg. Annual Appreciation
8.69%
Original Mortgage
$738,750
Outstanding Balance
$672,208
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$705,992

Purchase Details

Listed on
Aug 20, 2021
Closed on
Sep 23, 2021
Sold by
Schwartz Regina
Bought by
Alonzo Alvin and Dizon Alonzo Reinalene
Seller's Agent
Sharon Miller
RE/MAX Connections
Buyer's Agent
Scott Holder
Orion Management & Realty Inc.
List Price
$925,000
Sold Price
$985,000
Premium/Discount to List
$60,000
6.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$738,750
Outstanding Balance
$672,208
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$705,992

Purchase Details

Closed on
May 2, 2013
Sold by
Schwartz William and Schwartz Regina
Bought by
Schwartz Regina

Purchase Details

Closed on
Aug 28, 2008
Sold by
Schwartz William B
Bought by
Schwartz William B
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
Alonzo Alvin Magos -- None Available
Alonzo Alvin -- None Available
Alonzo Alvin $985,000 Fidelity Natl Ttl San Diego
Schwartz Regina -- None Available
Schwartz William B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alonzo Alvin $738,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2021 09/29/21 Sold $985,000 +6.5% $476 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $925,000 -- $447 / 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 $12,665 $1,045,289 $620,806 $424,483
2024 $12,665 $1,024,794 $608,634 $416,160
2023 $12,385 $1,004,700 $596,700 $408,000
2022 $12,054 $985,000 $585,000 $400,000
2021 $867 $64,617 $21,527 $43,090
2020 $857 $63,956 $21,307 $42,649
2019 $842 $62,703 $20,890 $41,813
2018 $790 $61,475 $20,481 $40,994
2017 $80 $60,271 $20,080 $40,191
2016 $757 $59,090 $19,687 $39,403
2015 $746 $58,204 $19,392 $38,812
2014 $735 $57,065 $19,013 $38,052
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210023825

San Diego MLS

APN: 540-010-19