NOT LISTED FOR SALE

Estimated Value: $3,219,000 - $4,331,000

4 Beds
4 Baths
1,900 Sq Ft
$1,900/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $2,250,000 $1,184 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $22,753/month

32 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Community Barbecue Grill
  • Partially Fenced Property
  • Pacific Beach Elementary School Rated A-
  • Laundry Facilities
  • 3-minute walk to Santa Clara Point

About This Home

As of May 2018

Pictures coming. Remodeled a number of years ago into a modern looking 3 story duplex with a flexible floor plan that allowed the owners to open a door and turn the duplex into one larger 4 bedroom house. Currently managed as a duplex with the lower unit vacation rented. The upper unit is being stages for a photo shoot.

Last Listed By

Bill Luther

Bill Luther Realty License #00552533 Listed on: 03/19/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,540

Year Built

  • Built in 1949

Lot Details

  • 2,000 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Partially Fenced Property
  • Level Lot

Parking

  • Alley Access

Property Views

  • Bay
  • Panoramic

Home Design

  • Rolled or Hot Mop Roof
  • Composition Roof

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • 3-Story Property
  • West of 5 Freeway

Listing and Financial Details

  • Vacation Rental by Owner
  • Tenant pays for electricity, gas/propane, hot water
  • Assessor Parcel Number 423-596-13-00

Community Details

Overview

  • 2 Units

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,540

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Ostend Court
  • Neighborhood: North Mission
  • Stories: 3 Story
  • Sale Price List Price: 0.98
  • Total Stories: 3
  • Year Built: 1949
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Boat Facilities: No/Unknown
  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Frontage: Bay
  • Roof: Composition, Rolled/Hot Mop
  • View: Bay, Panoramic

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Pets Allowed: Allowed w/Restrictions
  • Community: MISSION BEACH
  • Complex Features: BBQ, Laundry Facilities
  • Manager Name: Bill Luther Realty, Inc
  • Manager Phone: 8589526490

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: 1-3,999 SF
  • Site: Alley Access, Public Street, Sidewalks, Street Paved, West of I-5
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: MBPD-RS
  • Assessor Parcel Number: 423-596-13-00
  • Estimated Lot Dimensions: 25x80
  • Estimated Lot Sq Ft: 2000
  • Water District URL: http://www.ci.san-diego.ca.us/water

Rental Info

  • Vacation Rental By Owner: Yes
  • Tenant Pays: Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Gross Rent Multiplier Actual: 30.0
  • Gross Sched Income Actual: 74400
  • Number Of Buildings: 1
  • Number Of Furnished Units: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 2
  • 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

Listed on
Mar 19, 2018
Closed on
Apr 24, 2018
Sold by
Hodge Lawrence
Bought by
3686 Bayside Walk Llc
Seller's Agent
Bill Luther
Bill Luther Realty
Buyer's Agent
Robert Brown
Fantastik Realty
List Price
$2,295,000
Sold Price
$2,250,000
Premium/Discount to List
-$45,000
-1.96%
Total Days on Market
32
Current Estimated Value
$3,610,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,360,136

Purchase Details

Closed on
Aug 1, 2005
Sold by
Deriemer Barbara F
Bought by
Deriemer Barbara F

Range of Values:

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Average Value
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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
3686 Bayside Walk Llc $2,225,000 Chicago Title Company
Deriemer Barbara F -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold $2,250,000 -2.0% $1,184 / Sq Ft
04/21/2018 04/21/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $2,295,000 -- $1,208 / 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 $30,540 $2,482,025 $2,108,329 $373,696
2023 $29,866 $2,433,359 $2,066,990 $366,369
2022 $29,071 $2,385,647 $2,026,461 $359,186
2021 $28,870 $2,338,871 $1,986,727 $352,144
2020 $28,518 $2,314,890 $1,966,356 $348,534
2019 $28,009 $2,269,500 $1,927,800 $341,700
2018 $3,960 $332,948 $118,560 $214,388
2017 $80 $326,421 $116,236 $210,185
2016 $3,815 $320,021 $113,957 $206,064
2015 $3,760 $315,215 $112,246 $202,969
2014 $3,695 $309,042 $110,048 $198,994
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 180014167

San Diego MLS

APN: 423-596-13