$430,000
SOLD NOV 25, 2015
5 Beds
2 Baths
1,500 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$287 Per Sq Ft

1% Below List Price

20 Days on Market

Highlights

  • Property is Fully Fenced
  • 1-Story Property
  • 2-minute walk to Wightman Street Neighborhood Park

About This Home

As of November 2015

Great turn key investment property. Low maintenance yard and easy to rent. Both units have been recently remodeled with new cherry kitchen cabinets and granite counter tops. New tile and laminate wood flooring, new bathrooms, upgraded electrical, new roof, new plumbing/sewer piping and new windows and doors. Agent is owner. Seller to complete 1031 exchange at no cost to buyer.

Last Agent to Sell the Property

Kristin Rye

Kristin Rye, Broker License #01408040 Listed on: 09/09/2015

Last Buyer's Agent

art franco

Cabrillo Mortgage & Realty Service License #01711195

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,002

Year Built

  • Built in 1958

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Property is Fully Fenced
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 4717111100

Community Details

Pet Policy

  • Breed Restrictions

Additional Features

  • 2 Units
  • Net Operating Income $23,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,002

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: Wightman
  • Neighborhood: Fairmount
  • Stories: 1 Story
  • Sale Price List Price: 0.99
  • Total Stories: 1
  • Year Built: 1958
  • Allow Comments Review: No
  • 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: Composition

Utilities

  • Water Heater Type: Gas

Condo/Co-op/Association

  • Pets Allowed: Allowed w/Restrictions
  • Community: CITY HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R-2
  • Assessor Parcel Number: 4717111100
  • Land Use Code: r-2

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 23500
  • Annual Expense Actual: 7700
  • Gross Rent Multiplier Actual: 12.78
  • Gross Sched Income Actual: 31200
  • Number Of Buildings: 1
  • Number Of Units With Dryers: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2015
Closed on
Sep 30, 2015
Sold by
Cunningham Elizabeth and Rye Patrick
Bought by
Montes Yolanda and Ortiz Yolanda
Seller's Agent
Kristin Rye
Kristin Rye, Broker
Buyer's Agent
art franco
Cabrillo Mortgage & Realty Service
List Price
$435,000
Sold Price
$430,000
Premium/Discount to List
-$5,000
-1.15%
Current Estimated Value
$837,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,074
Avg. Annual Appreciation
7.08%
Original Mortgage
$417,175
Interest Rate
3.76%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 7, 2011
Sold by
Cunningham Kevin
Bought by
Cunningham Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,500
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2010
Sold by
Lam Celina
Bought by
Cunningham Elizabeth and Rye Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,500
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2009
Sold by
Us Bank National Association
Bought by
Lam Celina

Purchase Details

Closed on
Jun 19, 2009
Sold by
Granda David
Bought by
Us Bank National Association

Purchase Details

Closed on
Jun 30, 2003
Sold by
Higuera Ubaldo Medina and Higuera Daniel Medina
Bought by
Granda David

Purchase Details

Closed on
Jul 18, 2000
Sold by
Bernard Diaz
Bought by
Higuera Ubaldo Medina and Higuera Daniel Medina

Purchase Details

Closed on
Jun 30, 2000
Sold by
Medina Mayra
Bought by
Higuera Daniel Medina

Purchase Details

Closed on
Sep 23, 1998
Sold by
Julian Maribel
Bought by
Diaz Bernardo

Purchase Details

Closed on
Oct 9, 1997
Sold by
Chang S K S and Chang Phisomay
Bought by
Gutierrez Carlos

Purchase Details

Closed on
Jun 16, 1986
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $430,000 Pacific Coast Title
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $259,500 Chicago Title Company
Grant Deed $120,000 Landsafe Title
Trustee Deed $131,750 Landsafe Title
Grant Deed $341,000 Commonwealth Land Title
Individual Deed $136,000 California Title Company
Interfamily Deed Transfer -- California Title Company
Interfamily Deed Transfer -- California Title Company
Interfamily Deed Transfer -- California Title Company
Grant Deed -- California Title Company
Grant Deed -- California Title Company
Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $417,175 FHA
Previous Owner $194,500 New Conventional
Previous Owner $378,000 Negative Amortization
Previous Owner $108,000 Credit Line Revolving
Previous Owner $353,500 Negative Amortization
Previous Owner $330,000 Unknown
Previous Owner $25,000 Credit Line Revolving
Previous Owner $279,000 Unknown
Previous Owner $150,000 Unknown
Previous Owner $135,780 FHA
Previous Owner $97,500 No Value Available
Previous Owner $23,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2022 09/05/22 Rented $2,800 0.0% --
08/26/2022 08/26/22 For Rent $2,800 0.0% --
11/25/2015 11/25/15 Sold $430,000 -1.1% $287 / Sq Ft
09/28/2015 09/28/15 Pending -- -- --
09/08/2015 09/08/15 For Sale $435,000 -- $290 / 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 $10,002 $827,739 $421,987 $405,752
2024 $10,002 $811,510 $413,713 $397,797
2023 $9,781 $795,599 $405,601 $389,998
2022 $5,868 $479,666 $244,537 $235,129
2021 $5,828 $470,262 $239,743 $230,519
2020 $5,757 $465,441 $237,285 $228,156
2019 $5,655 $456,316 $232,633 $223,683
2018 $5,288 $447,370 $228,072 $219,298
2017 $83 $438,599 $223,600 $214,999
2016 $5,079 $430,000 $219,216 $210,784
2015 $3,223 $271,830 $138,580 $133,250
2014 $3,173 $266,506 $135,866 $130,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 150049326

San Diego MLS

APN: 471-711-11