NOT LISTED FOR SALE

3630 Wilshire Terrace San Diego, CA 92104

North Park Neighborhood

Estimated Value: $1,305,000 - $1,451,000

2 Beds
2 Baths
-- Sq Ft
3,498 Sq Ft Lot

Last Sold June 26, 2015

Last sale price $720,000

Est. 95% increase in value since last sale

Current estimated payment $8,831/month

84 Days on Market

Highlights

  • Property is Fully Fenced
  • Jefferson Elementary Rated A-
  • Level Lot

About This Home

As of June 2015

#3632 is a great 2 bedroom / 1 bath with laundry and private 2 car garage. This Spanish home has hardwood floors in main living area and both bedrooms. A large additional room could be a dining room, office or play room with wonderful terra cotta flooring. #3630 is a charming studio with a great room and separate kitchen. The bathroom has a designer sink and tiled shower. This bright unit has a private entrance and bright/airy feel. Easy walk to Hillcrest, North Park, Balboa Park and Morley Field! Hillcrest is an older community that has recently gone through gentrification. Most Hillcrest real estate is located just a few minutes from both the 5 and the 163, offering quick and easy access to Downtown San Diego. In addition, the area is well-known as one of the most pedestrian friendly neighborhoods in San Diego, giving residents the opportunity to leave their cars at home and walk to their favorite local eateries and shops. * Stainless steel appliances in 2 bedroom.

Last Agent to Sell the Property

Brian Cane

Keller Williams La Jolla License #01423505 Listed on: 03/19/2015

Keller Williams La Jolla

Co-Listed By

Steven Cooper

HomeSmart Realty West License #01492746

HomeSmart Realty West

Last Buyer's Agent

Steven Cooper

HomeSmart Realty West License #01492746

HomeSmart Realty West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,330

Year Built

  • Built in 1935

Lot Details

  • 3,498 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 453-281-06-00

Community Details

Overview

  • 2 Units
  • Wilshire Community

Building Details

  • Net Operating Income $34,232

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,330

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Cypress Ave
  • Neighborhood: Hillcrest
  • Supplement: Hillcrest is an older community that has recently gone through gentrification. Most Hillcrest real estate is located just a few minutes from both the 5 and the 163, offering quick and easy access to Downtown San Diego. In addition, the area is well-known as one of the most pedestrian friendly neighborhoods in San Diego, giving residents the opportunity to leave their cars at home and walk to their favorite local eateries and shops. * Stainless steel appliances in 2 bedroom.
  • Stories: 2 Story
  • Sale Price List Price: 0.97
  • Total Stories: 2
  • Year Built: 1935
  • 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
  • Fencing: Full
  • Roof: Tile/Clay

Condo/Co-op/Association

  • Complex Name: Wilshire
  • Community: HILLCREST

Lot Info

  • Lot Size: 1-3,999 SF
  • Topography: Level
  • Assessor Parcel Number: 453-281-06-00
  • Land Use Code: 3
  • Estimated Lot Sq Ft: 3498
  • Estimated Number of Acres: 0.0803
  • Map Code Column: c
  • Map Code Page: 1269
  • Map Code Row: 6

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 34232
  • Annual Expense Actual: 7993
  • Gross Rent Multiplier Actual: 16.76
  • Gross Sched Income Actual: 44100
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2021
Sold by
Cortez Edward Turner
Bought by
Cortez Carlos O Turner
Current Estimated Value
$1,401,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2021
Sold by
Cortez Carlos O Turner
Bought by
Marsh Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2018
Sold by
Cortez Carlos O Turner and Cortez Carlos O
Bought by
Cortez Carlos O Turner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,212
Interest Rate
4.6%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 19, 2015
Closed on
May 13, 2015
Sold by
Makens Diana
Bought by
Cortez Carlos O
Seller's Agent
Brian Cane
Keller Williams La Jolla
Buyer's Agent
Steven Cooper
HomeSmart Realty West
List Price
$739,000
Sold Price
$720,000
Premium/Discount to List
-$19,000
-2.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$19,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Listed on
Mar 19, 2015
Closed on
May 1, 2015
Sold by
Cortez Edward Turner
Bought by
Cortez Carlos
Seller's Agent
Brian Cane
Keller Williams La Jolla
Buyer's Agent
Steven Cooper
HomeSmart Realty West
List Price
$739,000
Sold Price
$720,000
Premium/Discount to List
-$19,000
-2.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 2004
Sold by
Makens Leonard W
Bought by
Makens Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.12%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 15, 2004
Sold by
Maidlow David
Bought by
Makens Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.12%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 18, 1987
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
Cortez Carlos O Turner -- Ticor Title San Diego Branch
Marsh Steven M $1,100,000 Ticor Title Co San Diego
Cortez Carlos O Turner -- Wfg National Title
Cortez Carlos O $720,000 Fidelity Natl Title San Dieg
Cortez Carlos -- Fidelity Natl Title San Dieg
Makens Diana -- Fidelity National Title Co
Makens Diana $590,000 Fidelity National Title Co
-- $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marsh Steven M $878,000
Closed Marsh Steven M $880,000
Previous Owner Turner Cortez Carlos O Turner $111,012
Previous Owner Cortez Carlos O Turner $778,000
Previous Owner Cortez Carlos O Turner $768,212
Previous Owner Cortez Carlos O $705,951
Previous Owner Cortez Carlos $19,000
Previous Owner Cortez Carlos O $706,959
Previous Owner Makens Diana $400,000
Previous Owner Maidlow David $300,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2015 06/26/15 Sold $720,000 -2.6% --
06/10/2015 06/10/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $739,000 0.0% --
01/15/2013 01/15/13 Rented $1,100 -8.3% --
12/16/2012 12/16/12 Under Contract -- -- --
11/19/2012 11/19/12 For Rent $1,200 -- --
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 $14,330 $1,190,674 $865,945 $324,729
2024 $14,330 $1,167,328 $848,966 $318,362
2023 $14,011 $1,144,440 $832,320 $312,120
2022 $13,635 $1,122,000 $816,000 $306,000
2021 $9,921 $799,427 $530,820 $268,607
2020 $9,715 $791,231 $525,378 $265,853
2019 $9,540 $775,718 $515,077 $260,641
2018 $11,564 $760,509 $504,978 $255,531
2017 $11,330 $745,598 $495,077 $250,521
2016 $11,190 $730,979 $485,370 $245,609
2015 $5,935 $500,000 $332,000 $168,000
2014 -- $450,000 $299,000 $151,000
Source: Public Records

Agents Affiliated with this Home

  • Brian Cane

    Seller's Agent in 2015

    Brian Cane

    Keller Williams La Jolla

    (858) 502-9800

    4 in this area

    243 Total Sales

    Section Image

  • S

    Seller Co-Listing Agent in 2015

    Steven Cooper

    HomeSmart Realty West

    Section Image

  • J

    Seller's Agent in 2013

    Joanne Brand

    Current Brand Realty

    Section Image
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Map

Source: San Diego MLS

MLS Number: 150014600

San Diego MLS

APN: 453-281-06

California San Diego County San Diego 92103 North Park

3630 Wilshire Terrace, San Diego, CA

This home is located at 3630 Wilshire Terrace, San Diego, CA 92104 since 19 March 2015 and is currently estimated at $1,401,594. This property was built in 1935. 3630 Wilshire Terrace is a home located in San Diego County with nearby schools including Jefferson Elementary, Roosevelt International Middle School, and North Park Christian School.

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