NOT LISTED FOR SALE

3609 Highland Ave Unit 11 San Diego, CA 92105

Fairmount Village Neighborhood

Estimated Value: $791,302 - $986,000

4 Beds
2 Baths
1,494 Sq Ft
$591/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $380,000 $254 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $5,417/month

10 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • 4-minute walk to Highland and Landis Park
  • Property is Fully Fenced

About This Home

As of August 2014

Golden opportunity to own 2 units 2BR/1BA on a large corner lot. Newer kitchen in one of the units, updated bathrooms, tile floors. 2 car attached garage. Wonderful long term tenants. Great location, close to schools, shopping and freeway. Seller to perform 1031 exchange with no cost to buyer.

Last Agent to Sell the Property

Anelia Genchev

Century 21 Affiliated License #01281386 Listed on: 07/14/2014

Century 21 Affiliated

Last Buyer's Agent

Lisa Pham

Cali-Land License #01859347

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,534

Year Built

  • Built in 1953

Lot Details

  • 6,337 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Bars

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 471-751-14-00

Community Details

Overview

  • 2 Units
  • N/K Community

Building Details

  • Net Operating Income $22,604

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,534

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Dwight
  • Neighborhood: City Heights
  • Stories: 1 Story
  • Sale Price List Price: 0.89
  • Total Stories: 1
  • Year Built: 1953
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Security: Security Bars
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: n/k
  • Community: EAST SAN DIEGO

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

  • Lot Size: 4,000-7,499 SF
  • Site: Corner Lot
  • Assessor Parcel Number: 471-751-14-00
  • Land Use Code: 2
  • Estimated Lot Sq Ft: 6337
  • Map Code Column: H
  • Map Code Page: 1269
  • Map Code Row: 6

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 22604
  • Annual Expense Actual: 5776
  • Gross Rent Multiplier Actual: 13.4
  • Gross Sched Income Actual: 28380
  • Number Of Buildings: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2014
Closed on
Aug 6, 2014
Sold by
Tran Hung Thien and Hoang Camha Thi
Bought by
Pham Tracy Thu and Bui Lam
Seller's Agent
Anelia Genchev
Century 21 Affiliated
Buyer's Agent
Lisa Pham
Cali-Land
List Price
$424,900
Sold Price
$380,000
Premium/Discount to List
-$44,900
-10.57%
Total Days on Market
10
Current Estimated Value
$882,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$502,826
Avg. Annual Appreciation
7.84%
Original Mortgage
$304,000
Outstanding Balance
$236,472
Interest Rate
4.11%
Mortgage Type
New Conventional
Estimated Equity
$620,311

Purchase Details

Closed on
Mar 11, 2014
Sold by
Tran Hung Thien and Hoang Camha Thi
Bought by
Tran Hung Thien and Hoang Camha Thi

Purchase Details

Closed on
Mar 1, 2014
Sold by
Tran Hung Thien
Bought by
Tran Hung Thien and Hoang Camha Thi

Purchase Details

Closed on
Apr 25, 2005
Sold by
Tran Hung and Tran Thuy Le
Bought by
Tran Hung Thien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 19, 1988

Purchase Details

Closed on
Dec 20, 1984

Purchase Details

Closed on
Dec 2, 1983

Purchase Details

Closed on
Sep 2, 1983
Source: Public Records

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Range of Values:

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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
Pham Tracy Thu $380,000 Corinthian Title
Tran Hung Thien -- None Available
Tran Hung Thien -- None Available
Tran Hung Thien -- --
-- $115,000 --
-- $97,200 --
-- $90,000 --
-- $95,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pham Tracy Thu $304,000
Previous Owner Tran Hung Thien $20,000
Previous Owner Tran Hung Thien $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2014 08/29/14 Sold $380,000 -10.6% $254 / Sq Ft
07/24/2014 07/24/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $424,900 -- $284 / 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
2024 $5,534 $447,740 $298,517 $149,223
2023 $5,412 $438,962 $292,664 $146,298
2022 $5,268 $430,356 $286,926 $143,430
2021 $5,232 $421,918 $281,300 $140,618
2020 $5,169 $417,593 $278,416 $139,177
2019 $5,077 $409,406 $272,957 $136,449
2018 $4,748 $401,379 $267,605 $133,774
2017 $4,635 $393,509 $262,358 $131,151
2016 $4,560 $385,794 $257,214 $128,580
2015 $4,493 $380,000 $253,351 $126,649
2014 $2,147 $179,533 $119,697 $59,836
Source: Public Records

Agents Affiliated with this Home

  • Anelia Genchev

    Seller's Agent in 2014

    Anelia Genchev

    Century 21 Affiliated

    (858) 395-9293

    28 Total Sales

    Anelia Genchev
    Section Image

  • L

    Buyer's Agent in 2014

    Lisa Pham

    Cali-Land

    (619) 281-8999

    8 Total Sales

    Lisa Pham
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 140038357

San Diego MLS

APN: 471-751-14

California San Diego County San Diego 92105 Fairmount Village

3609 Highland Ave Unit 11, San Diego, CA

This home is located at 3609 Highland Ave Unit 11, San Diego, CA 92105 since 14 July 2014 and is currently estimated at $882,826, approximately $590 per square foot. This property was built in 1953. 3609 Highland Ave Unit 11 is a home located in San Diego County with nearby schools including Rosa Parks Elementary School, Clark Middle School, and Herbert Hoover High School.

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