NOT LISTED FOR SALE

Estimated Value: $1,204,000 - $1,457,000

5 Beds
4 Baths
2,455 Sq Ft
$536/Sq Ft Est. Value

Last Sold October 02, 2018

Last sale price $847,000 $345 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $7,431/month

7 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Private Yard
  • Woodrow Wilson High School Rated A
  • Cathedral Ceiling
  • No HOA

About This Home

As of October 2018

This circle area duplex is located on a secluded quiet street but yet with easy freeway access. The townhouse style duplex has approximately 2455 sqft. with a 2 bedroom 2 bath unit in front and a 3 bedroom 2 bath apartment in back. The large 3 bedroom could easily be an owner's unit and has an open concept kitchen, dining area and living room on the first floor with ceramic tile floors, high vaulted ceilings, fireplace, laundry hook ups, dishwasher and a large side yard patio area. The second floor has a spacious master bedroom and bath with walk in closet. The second floor also has two more bedrooms and a hall bathroom. The rear town home style unit has direct garage access. There are two separate large 2 car garages with a 220 volt sub-panel for your home shop in the garage of the 3 bedroom unit. The single story 2 bedroom also has an open concept kitchen, dining area and living room with ceramic tile floor and access to large side grassy lawn/patio area. It has a hall bathroom, laundry hook ups, master bedroom with private bath. Each unit has laundry hookups, a large private yard / patio area and it's own 2 car garage. Behind each garage is a large cement pad that can be used for additional parking of up to 4 cars. Complete copper re-pipe in 2014 and completely painted on the outside in 2018. Prime location in a fantastic University and Medical Center neighborhood; less than 3 miles to ocean beach and recreation park/golf course.

Last Agent to Sell the Property

Oriana Shea

Real Brokerage Technologies License #01217538 Listed on: 08/07/2018

Real Brokerage Technologies

Last Buyer's Agent

Mohammad Vahdati

Keller Williams Realty License #01442456

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1976

Lot Details

  • 6,484 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Brick Fence
  • Private Yard
  • Front Yard

Parking

  • 4 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener

Home Design

  • Duplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,455 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Sliding Doors
  • Living Room with Fireplace

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Exterior Lighting
  • Separate Outdoor Workshop

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • 220 Volts in Garage

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 9
  • Assessor Parcel Number 7253004009

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 $780
  • Insurance Expense $800
  • Water Sewer Expense $1,500
  • Operating Expense $3,080
  • Net Operating Income $46,120

Property Details

Home Type

Multi-Family

Year Built

Built in 1976

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Circle (CA)
  • View: No
  • Water Sewer Expenses: 1500.00
  • Zoning: LBR2N
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 780.00
  • Parcel Number: 7253004009
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Cathedral Ceiling(s), Copper Plumbing Full, Open Floorplan
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 345.01
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet

Exterior Features

  • Other Structures: Workshop
  • Fence: Yes
  • Fencing: Block, Brick, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal
  • Electric: 220 Volts in Garage
  • Heating Type: Wall Furnace, Forced Air
  • Laundry Features: In Closet, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Yard
  • Lot Size Sq Ft: 6484.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Gross Scheduled Income: 49200.00
  • Insurance Expense: 800.00
  • Net Operating Income: 46120.00
  • 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
  • Operating Expense: 3080.00
  • Rent Control: No
  • Total Actual Rent: 4100.00
  • Total Expenses: 3080.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Census Tract: 5750.02
  • Tax Lot: 9
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2018
Closed on
Aug 21, 2018
Sold by
Marsh Todd Frederic
Bought by
Solhjou Cahram
Seller's Agent
Oriana Shea
Real Brokerage Technologies
Buyer's Agent
Mohammad Vahdati
Keller Williams Realty
List Price
$859,000
Sold Price
$847,000
Premium/Discount to List
-$12,000
-1.4%
Current Estimated Value
$1,228,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,006
Avg. Annual Appreciation
6.26%
Original Mortgage
$592,900
Outstanding Balance
$514,910
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$801,800
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Solhjou Cahram $847,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solhjou Cahram $592,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2018 10/02/18 Sold $847,000 -1.4% $345 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $859,000 -- $350 / 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 $12,197 $944,839 $658,152 $286,687
2024 $12,197 $926,314 $645,248 $281,066
2023 $11,993 $908,152 $632,597 $275,555
2022 $11,261 $890,346 $620,194 $270,152
2021 $10,930 $872,889 $608,034 $264,855
2019 $10,776 $847,500 $590,000 $257,500
2018 $4,519 $341,759 $96,242 $245,517
2017 $55 $334,568 $94,355 $240,213
2016 $4,148 $328,008 $92,505 $235,503
2015 $3,986 $323,082 $91,116 $231,966
2014 $3,967 $316,755 $89,332 $227,423
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS18189958

California Regional Multiple Listing Service (CRMLS)

APN: 7253-004-009