NOT LISTED FOR SALE

Estimated Value: $1,104,721 - $1,221,000

4 Beds
2 Baths
1,728 Sq Ft
$687/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $850,000 $492 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,167/month

49 Days on Market

Highlights

  • Granite Countertops
  • No HOA
  • Tile Flooring
  • Private Yard
  • Laundry Room
  • Landscaped

About This Home

As of August 2021

Updated and centrally located, this duplex features two 2 bed, 1 bath units. One unit is downstairs, one is upstairs. Both have entry on the ground level. Cute white picketed fence front yard, and private rear and side yards. Both units are currently rented out. The exterior of the home was recently stucco'd, and interior updates have taken place over the years.

Last Agent to Sell the Property

Matthew Pivetti

Real Broker License #01395241 Listed on: 06/08/2021

Real Broker

Last Buyer's Agent

Jacqueline Christian

Leal Real Estate Group, Inc License #01107161

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,810

Year Built

  • Built in 1970

Lot Details

  • 2,306 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Back and Front Yard

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,728 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 25 / 59
  • Tax Tract Number 1007
  • Assessor Parcel Number 4474621500

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
  • Gardener Expense $900
  • Insurance Expense $1,000
  • Professional Management Expense $3,060
  • Water Sewer Expense $200
  • New Taxes Expense $10,625
  • Operating Expense $14,785
  • Gross Income $40,800
  • Net Operating Income $37,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,810

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 4.80
  • Price Per Unit: 419950
  • Professional Management Expense: 3060.00
  • Property Attached: No
  • Water Sewer Expenses: 200.00
  • Zoning: R-4:MULTIPLE RESIDENTIAL
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 4474621500
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Stories: 2
  • Entry Location: Street Level
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Tile
  • Entry Level: 1
  • Price Per Square Foot: 491.90

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, In Closet, Inside, Washer Included
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Rectangular Lot, Level, Sprinkler System, Yard
  • Lot Size Sq Ft: 2306.00
  • Lot Size Acres: 0.0529

Multi Family

  • Average1 Bed Area: 862 Square Feet
  • Average2 Bed Area: 862 Square Feet
  • Gross Income: 40800.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 2306.0000 Square Feet
  • Net Operating Income: 37740.00
  • 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
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 3060.00
  • Rent Control: No
  • Total Actual Rent: 3400.00
  • Total Expenses: 14785.00

Tax Info

  • New Taxes Expense: 10625.00
  • Tax Block: 59
  • Tax Lot: 25
  • Tax Tract Number: 001007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Aug 6, 2021
Sold by
Diel Donald A and Diel Lisa A
Bought by
Guerrero Frank Lopez and Gonzales Laura
Seller's Agent
Matthew Pivetti
Real Broker
Buyer's Agent
Jacqueline Christian
Leal Real Estate Group, Inc
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$1,186,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,680
Avg. Annual Appreciation
6.74%
Original Mortgage
$722,500
Outstanding Balance
$659,805
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$450,084

Purchase Details

Closed on
Jun 5, 2013
Sold by
Serabia Bonita C
Bought by
Diel Donald A and Diel Lisa A

Purchase Details

Closed on
Apr 1, 2011
Sold by
Serabia Bonita
Bought by
Serabia Bonita C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2008
Sold by
Serabia Bonita C
Bought by
Serabia Bonita C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2003
Sold by
Serabia Bonita C
Bought by
Serabia Bonita C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.15%

Purchase Details

Closed on
Mar 8, 1999
Sold by
Serabia Bonita C
Bought by
Bonita C Serabia 1999 Trust

Purchase Details

Closed on
May 20, 1992
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
Guerrero Frank Lopez $850,000 Fidelity Natl Ttl San Diego
Diel Donald A $394,000 Title365 Company
Serabia Bonita C -- First American Title Company
Serabia Bonita -- First American Title Company
Serabia Bonita C -- First American Title
Serabia Bonita C -- First American Title
Serabia Bonita C -- Commerce Title
Bonita C Serabia 1999 Trust -- --
-- $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerrero Frank Lopez $722,500
Previous Owner Serabia Bonita $264,000
Previous Owner Serabia Bonita C $266,000
Previous Owner Serabia Bonnie C $100,000
Previous Owner Serabia Bonita C $225,000
Previous Owner Serabia Bonita C $119,000
Previous Owner Serabia Bonnie C $105,215
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $850,000 +1.2% $492 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/19/2021 07/19/21 Price Changed $839,900 0.0% $486 / Sq Ft
07/07/2021 07/07/21 Price Changed $840,000 -1.2% $486 / Sq Ft
06/08/2021 06/08/21 For Sale $850,000 -- $492 / 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 $10,810 $902,024 $457,882 $444,142
2024 $10,810 $884,338 $448,904 $435,434
2023 $10,570 $866,999 $440,102 $426,897
2022 $10,287 $850,000 $431,473 $418,527
2021 $5,556 $448,229 $227,528 $220,701
2020 $5,489 $443,633 $225,195 $218,438
2019 $5,392 $434,935 $220,780 $214,155
2018 $5,042 $426,407 $216,451 $209,956
2017 $4,922 $418,047 $212,207 $205,840
2016 $4,843 $409,851 $208,047 $201,804
2015 $4,772 $403,695 $204,922 $198,773
2014 $4,697 $395,788 $200,908 $194,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2106561

California Regional Multiple Listing Service (CRMLS)

APN: 447-462-15