Seller's Agent in 2021
Gina Barnes
Compass
(619) 347-4415
9 in this area
119 Total Sales
Estimated Value: $3,322,066
Located in one of San Diego’s most sought-after neighborhoods, this Bankers Hill property boasts many unique features including fireplaces and built-ins. The top-floor unit has a beautiful chef’s kitchen and the others have updated kitchens and baths. Ideal for short or long-term rental, you'll enjoy the income potential and lifestyle afforded at this property overlooking a canyon and on a cul de sac with lovely grounds and 4 storage garages. Designated historical with Mills Act in progress. Within walking distance to Hillcrest and Balboa Park and with 5100+ square feet, these units are layered in light from numerous windows. The southwest exposure fills the rooms with sunlight and highlights sumptuous textures of this elegant, classic property. The canyon vistas form a lovely backdrop that elevates the residence to one-of-a-kind status. Step into the formal shared entry with its elegant wood staircase leading to the upstairs unit and with access to the other residences. All of the units are special, complete with fireplaces, built-ins, and charming window seats from which to take in the views from expansive windows. Abundant wood trim, moldings and hardwood floors create a special warmth and ambiance reminiscent of an earlier era. This vintage 1913 property has been meticulously and lovingly restored in a manner which maintains its historic character, yet has numerous upgrades to insure modern conveniences. Some upgrades include updated electrical and plumbing, updated kitchens, and Unit 4 (the owner’s unit, which is leased until October of 2021) has a stunning chef’s kitchen with high-end appliances, marble surfaces, & beautiful lighting and fixtures, which is open to the dining area. NOTE: Lower-level kitchen was updated within the past 10 years and both 1-bedroom units have updated kitchens and baths. Owner is currently using 3 of the garages. Other income is laundry; projected other income is laundry and garages if rented at $150 per month. A huge bonus is the recent historical designation, with Mills Act tax savings beginning in November of 2022. Need we say more to convince you that this is a unique opportunity that shouldn't be missed??
Co-Listed By
Ken Tablang
Compass License #01063993
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| David L Bradfute Trust | -- | None Listed On Document | |
| David L Bradfute Trust | -- | None Listed On Document | |
| Bradfute David Lyle | -- | Fidelity Natl Ttl San Diego | |
| Bradfute David Lyle | $2,575,000 | Fidelity Natl Ttl San Diego | |
| Utech Thomas W | $2,215,000 | Fidelity Natl Title Co | |
| Roberts Mark E | $89,500 | First American Title | |
| Brown Carolyn | -- | First American Title | |
| -- | $400,000 | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bradfute David Lyle | $1,802,500 | |
| Previous Owner | Utech Thomas W | $1,435,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/24/2021 03/24/21 | Sold | $2,575,000 | -3.7% | $505 / Sq Ft |
| 02/25/2021 02/25/21 | Pending | -- | -- | -- |
| 01/16/2021 01/16/21 | For Sale | $2,675,000 | -- | $525 / Sq Ft |
| 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 | $10,124 | $862,520 | $493,512 | $369,008 |
| 2024 | $10,124 | $818,869 | $467,321 | $351,548 |
| 2023 | $11,456 | $1,040,782 | $606,469 | $434,313 |
| 2022 | $12,718 | $1,040,782 | $606,469 | $434,313 |
| 2021 | $30,023 | $2,433,145 | $1,203,009 | $1,230,136 |
| 2020 | $29,659 | $2,408,197 | $1,190,674 | $1,217,523 |
| 2019 | $29,043 | $2,360,978 | $1,167,328 | $1,193,650 |
| 2018 | $27,148 | $2,314,686 | $1,144,440 | $1,170,246 |
| 2017 | $26,384 | $2,259,300 | $1,122,000 | $1,137,300 |
| 2016 | $25,964 | $2,215,000 | $1,100,000 | $1,115,000 |
| 2015 | $10,663 | $911,789 | $480,003 | $431,786 |
| 2014 | $10,494 | $893,929 | $470,601 | $423,328 |
Seller's Agent in 2021
Gina Barnes
Compass
(619) 347-4415
9 in this area
119 Total Sales
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Seller Co-Listing Agent in 2021
Ken Tablang
Compass
Source: San Diego MLS
MLS Number: 210001336
APN: 452-254-58