NOT LISTED FOR SALE

Estimated Value: $985,000 - $1,023,000

2 Beds
1 Bath
857 Sq Ft
$1,170/Sq Ft Est. Value

Last Sold June 13, 2024

Last sale price $975,000 $1,138 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,735/month

65 Days on Market

Highlights

  • Property Near a Canyon
  • Partially Fenced Property
  • 1-Story Property
  • 2 Car Detached Garage
  • Wood Siding
  • 2-minute walk to Normal Heights Open Space

About This Home

As of June 2024

Great investment opportunity in Normal Heights to maximize a large 15,000SF lot to build 3 x 1200SF ADU's. Many different avenues an investor can take to get rents over $15,000/month by the time the entire property is developed to its highest and best use. Turn a single-family home property into a 4 unit in a neighborhood that is set to appreciate big time. A savy investor may choose to remodel the front house and move in while they get plans and permits approved to build 3x 1200SF ADU's in the backyard. Upon stabilization an investor could rent 3 units at market rate and the 4th unit as an affordable unit using San Diego code. Verify all with your architect.

Last Agent to Sell the Property

Chris J. Luna

Backyard Brokerage Inc. License #02082702 Listed on: 03/18/2024

Last Buyer's Agent

Chris J. Luna

Backyard Brokerage Inc. License #02082702 Listed on: 03/18/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,001

Year Built

  • Built in 1913

Lot Details

  • Property Near a Canyon
  • Partially Fenced Property

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 857 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Utilities

  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 440-250-05-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,001

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Metro Uptown
  • Cross Street: East Mountain View Drive
  • Neighborhood: normal heights
  • LP / Sq Ft: 1137.69
  • Price Per Sq Ft: 1137.69
  • SP/ Sq Ft: 1137.69
  • Stories: 1 Story
  • Stories In Building: 1
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1913
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 18x10
  • Full Bathrooms: 1
  • Laundry Location: Garage
  • Estimated Sq Ft: 857
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Wood
  • Fencing: Partial
  • Roof: Shingle

Garage/Parking

  • Garage Details: Detached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway - Concrete
  • Garage Spaces: 4
  • Parking Spaces Total: 6

Utilities

  • Laundry Utilities: Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: None
  • Units In Building: 1
  • Total Number of Units: 1
  • Community: NORMAL HEIGHTS

Association/Amenities

  • Entry Level Unit: 1

Lot Info

  • Lot Size: .5 to 1 AC
  • Topography: Canyon/Valley
  • Assessor Parcel Number: 440-250-05-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
May 21, 2024
Sold by
Satellite Investment Corp
Bought by
Alpha Group Sd Llc
Seller's Agent
Chris J. Luna
Backyard Brokerage Inc.
Buyer's Agent
Chris J. Luna
Backyard Brokerage Inc.
List Price
$1,035,000
Sold Price
$975,000
Premium/Discount to List
-$60,000
-5.8%
Views
93
Current Estimated Value
$1,003,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,118
Avg. Annual Appreciation
2.21%
Original Mortgage
$196,535
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2024
Closed on
Feb 27, 2024
Sold by
Kelly Bowen Trust
Bought by
Satellite Investments Llc
Seller's Agent
Kimberly Schmidt
Compass
Buyer's Agent
Chris J. Luna
Backyard Brokerage Inc.
List Price
$939,000
Sold Price
$950,000
Premium/Discount to List
$11,000
1.17%
Views
100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Original Mortgage
$665,000
Interest Rate
6.66%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 16, 2014
Sold by
Bowen Kelly
Bought by
Bowen Kelly

Purchase Details

Closed on
May 4, 2012
Sold by
Bowen Kelly and Doiron Kelly M
Bought by
Bowen Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2009
Sold by
Doiron Robert J and Doiron Kelly M
Bought by
Doiron Kelly M

Purchase Details

Closed on
Jun 9, 2005
Sold by
Doiron Robert and Doiron Kelly
Bought by
Doiron Robert J and Doiron Kelly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.72%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 2, 2001
Sold by
Kretschmer Stephen J and Kretschmer Serra A
Bought by
Doiron Robert and Doiron Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,960
Interest Rate
7.24%

Purchase Details

Closed on
Nov 24, 1999
Sold by
Maness William H and Maness Ann Debra
Bought by
Kretschmer Stephen J and Usman Serra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,600
Interest Rate
9.12%

Purchase Details

Closed on
Dec 5, 1986
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
Alpha Group Sd Llc $975,000 Wfg National Title Company Of
Satellite Investments Llc $950,000 Lawyers Title Company
Bowen Kelly -- None Available
Bowen Kelly -- Chicago Title Co
Doiron Kelly M -- None Available
Doiron Robert J -- Chicago Title Co
Doiron Robert $260,000 Chicago Title Co
Kretschmer Stephen J $188,000 First American Title
-- $75,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alpha Group Sd Llc $1,350,000
Previous Owner Satellite Investments Llc $665,000
Previous Owner Satellite Investments Llc $95,000
Previous Owner Bowen Kelly $315,000
Previous Owner Doiron Robert J $320,000
Previous Owner Doiron Robert $207,960
Previous Owner Kretschmer Stephen J $187,600
Closed Doiron Robert $25,995
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold $975,000 -2.4% $1,138 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
04/19/2024 04/19/24 Price Changed $999,000 -1.6% $1,166 / Sq Ft
04/01/2024 04/01/24 Price Changed $1,015,000 -1.9% $1,184 / Sq Ft
03/18/2024 03/18/24 For Sale $1,035,000 +8.9% $1,208 / Sq Ft
02/27/2024 02/27/24 Sold $950,000 +1.2% $1,109 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $939,000 -- $1,096 / 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 $5,001 $994,499 $677,015 $317,484
2024 $5,001 $411,340 $280,024 $131,316
2023 $4,888 $403,276 $274,534 $128,742
2022 $4,757 $395,369 $269,151 $126,218
2021 $4,723 $387,618 $263,874 $123,744
2020 $4,665 $383,645 $261,169 $122,476
2019 $4,580 $376,124 $256,049 $120,075
2018 $4,282 $368,750 $251,029 $117,721
2017 $80 $361,520 $246,107 $115,413
2016 $4,109 $354,432 $241,282 $113,150
2015 $4,048 $349,109 $237,658 $111,451
2014 $3,983 $342,271 $233,003 $109,268
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240005834

San Diego MLS

APN: 440-250-05