NOT LISTED FOR SALE

Estimated Value: $1,126,000 - $1,694,017

4 Beds
2 Baths
1,848 Sq Ft
$803/Sq Ft Est. Value

Last Sold January 15, 2013

Last sale price $489,500 $265 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $8,902/month

33 Days on Market

About This Home

As of January 2013

Nice opportunity to own charming two story duplex in Mission Hills. Each unit has two bedrooms, 1 bath and in-unit laundry. The lower unit has large wrap around patio-yard. Great investment possibility or live in one and rent out the other

Last Agent to Sell the Property

Robin Borrelli

First Team Real Estate License #01207280 Listed on: 11/01/2012

Last Buyer's Agent

Daniel Cota

Mission Beach Realty License #01033784

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,293

Year Built

  • 1958

Lot Details

  • 3,703

Home Design

  • Rolled or Hot Mop Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Partially Fenced Property
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $10,236

Listing and Financial Details

  • Tenant pays for water, cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 451-121-02-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,293

Year Built

1958

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro
  • Cross Street: Neale
  • Neighborhood: Mission Hills
  • Stories: 2 Story
  • Sale Price List Price: 0.98
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Rolled/Hot Mop

Utilities

  • Sewer/Septic: Sewer Connected
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Community: MISSION HILLS

Lot Info

  • Lot Size: 1-3,999 SF
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 451-121-02-00
  • Land Use Code: dup

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 10236
  • Annual Expense Actual: 10236
  • Annual Expense Projected: 12276
  • Gross Rent Multiplier Actual: 18.54
  • Gross Rent Multiplier Projected: 15.46
  • Gross Sched Income Actual: 31020
  • Gross Sched Income Projected: 37200
  • Number Of Buildings: 1
  • Number Of Units With Dryers: 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: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2012
Closed on
Jan 17, 2013
Sold by
Caspers Angela
Bought by
Caspers Angela
Seller's Agent
Robin Borrelli
First Team Real Estate
Buyer's Agent
Daniel Cota
Mission Beach Realty
List Price
$575,000
Sold Price
$489,500
Premium/Discount to List
-$85,500
-14.87%
Total Days on Market
33
Current Estimated Value
$1,483,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$993,754
Avg. Annual Appreciation
9.34%
Original Mortgage
$367,125
Outstanding Balance
$257,679
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$1,225,575

Purchase Details

Listed on
Nov 1, 2012
Closed on
Dec 7, 2012
Sold by
Saez Grisel
Bought by
Caspers Angela
Seller's Agent
Robin Borrelli
First Team Real Estate
Buyer's Agent
Daniel Cota
Mission Beach Realty
List Price
$575,000
Sold Price
$489,500
Premium/Discount to List
-$85,500
-14.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,125
Outstanding Balance
$257,679
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$1,225,575

Purchase Details

Closed on
Sep 13, 2003
Sold by
Saez Grisel
Bought by
Saez Grisel

Purchase Details

Closed on
Jul 7, 2003
Sold by
Bolton Nanci
Bought by
Saez Grisel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 1999
Sold by
Buttino Francis C Tr
Bought by
Bolton Nanci

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,600
Interest Rate
3.85%
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 Buyer Sale Price Title Company
Caspers Angela -- None Available
Caspers Angela $489,500 First American Title Company
Saez Grisel -- --
Saez Grisel $550,000 Commonwealth Land Title Co
Bolton Nanci $242,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caspers Angela $367,125
Previous Owner Saez Grisel $399,000
Previous Owner Saez Grisel $385,000
Previous Owner Bolton Nanci $193,600
Previous Owner Buttino Francis C $129,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2013 01/15/13 Sold $489,500 -14.9% $265 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
10/31/2012 10/31/12 For Sale $575,000 -- $311 / 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 $7,293 $590,952 $331,996 $258,956
2023 $7,132 $579,366 $325,487 $253,879
2022 $6,942 $568,006 $319,105 $248,901
2021 $6,895 $556,870 $312,849 $244,021
2020 $6,812 $551,161 $309,642 $241,519
2019 $6,690 $540,355 $303,571 $236,784
2018 $6,256 $529,761 $297,619 $232,142
2017 $6,107 $519,375 $291,784 $227,591
2016 $6,009 $509,192 $286,063 $223,129
2015 $5,921 $501,545 $281,767 $219,778
2014 $5,828 $491,721 $276,248 $215,473
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 120054765

San Diego MLS

APN: 451-121-02