NOT LISTED FOR SALE

Estimated Value: $1,375,000 - $1,684,195

4 Beds
2 Baths
1,800 Sq Ft
$871/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $970,000 $539 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $9,394/month

172 Days on Market

Highlights

  • Partially Fenced Property
  • Wood Siding
  • 1-Story Property
  • Grant K-8 Rated A-

About This Home

As of September 2020

Turn Key Multifamily property in the high growth market of Mission Hills. The neighboring southwest lot is primed for future development, adding future resale value. Long term paying tenants in place. This multi-family consists of 2 separate buildings, each with their own garage. Located within 10 minutes from Downtown, San Diego International Airport and countless beaches! This property is perfect for a passive investor or owner-user. Contact us today for a private walkthrough.

Last Agent to Sell the Property

Frederick Blum

Blum Realty Group License #02040760 Listed on: 03/10/2020

Co-Listed By

Jonathan Parker

Compass License #02027786

Last Buyer's Agent

Melissa Rawson

Compass License #01969286

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,591

Year Built

  • Built in 1958

Lot Details

  • 4,806 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System

Community Details

  • 2 Units
  • Net Operating Income $34,205

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 451-260-06-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,591

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Goldfinch
  • Neighborhood: Mission Hills
  • LP / Sq Ft: 16.87
  • Stories: 1 Story
  • Sale Price List Price: 0.97
  • Total Stories: 1
  • Year Built: 1958
  • 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: Stucco, Wood, Wood/Stucco
  • Fencing: Partial

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: MISSION HILLS

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Zoning: R-4:MULTIP
  • Assessor Parcel Number: 451-260-06-00
  • Estimated Lot Sq Ft: 4806
  • Estimated Number of Acres: 0.11
  • Map Code Column: J
  • Map Code Page: 1268
  • Map Code Row: 6

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 34205
  • Annual Expense Actual: 13000
  • Gross Sched Income Actual: 50280
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • 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

Closed on
Nov 2, 2022
Sold by
Hill Sean Gregorio and Hill Clara Jane
Bought by
Hill Sean G and Hoverman Clara J
Current Estimated Value
$1,567,799

Purchase Details

Listed on
Mar 10, 2020
Closed on
Sep 9, 2020
Sold by
Barr Scott L
Bought by
Hill Sean Gregorio and Hoverman Clara Jane
Seller's Agent
Frederick Blum
Blum Realty Group
Buyer's Agent
Melissa Rawson
Compass
List Price
$999,900
Sold Price
$970,000
Premium/Discount to List
-$29,900
-2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.97%
Original Mortgage
$970,000
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Dec 27, 2017
Sold by
Lesh Caree J
Bought by
Barr Scott L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2017
Sold by
Simon Jeffrey M and Crawford Gary Michael
Bought by
Barr Scott L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2012
Sold by
Cargill Frances Marie
Bought by
Simon Jeffrey M and Crawford Gary Michael

Purchase Details

Closed on
Oct 9, 1997
Sold by
Doyle Marcella A
Bought by
Doyle Marcella A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hill Sean G -- Simplifile
Hill Sean Gregorio $970,000 Chicago Title Company
Barr Scott L -- Corinthian Title Company
Barr Scott L $936,500 Corinthian Title Company
Simon Jeffrey M $565,000 American Coast Title
Doyle Marcella A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hill Sean Gregorio $970,000
Previous Owner Barr Scott L $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $970,000 -3.0% $539 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
05/13/2020 05/13/20 Price Changed $999,900 0.0% $556 / Sq Ft
05/13/2020 05/13/20 For Sale $999,900 +3.1% $556 / Sq Ft
05/01/2020 05/01/20 Off Market $970,000 -- --
03/10/2020 03/10/20 For Sale $1,049,000 -- $583 / 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 $12,591 $1,049,956 $650,417 $399,539
2024 $12,591 $1,029,369 $637,664 $391,705
2023 $12,312 $1,009,186 $625,161 $384,025
2022 $11,983 $989,399 $612,903 $376,496
2021 $11,986 $970,000 $600,886 $369,114
2020 $12,016 $974,332 $603,570 $370,762
2019 $11,802 $955,229 $591,736 $363,493
2018 $7,359 $623,702 $386,365 $237,337
2017 $80 $611,474 $378,790 $232,684
2016 $7,070 $599,485 $371,363 $228,122
2015 $6,966 $590,481 $365,785 $224,696
2014 $6,856 $578,915 $358,620 $220,295
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 200011910

San Diego MLS

APN: 451-260-06