NOT LISTED FOR SALE

Estimated Value: $1,029,000

4 Beds
2 Baths
1,428 Sq Ft
$721/Sq Ft Est. Value

Last Sold January 06, 2017

Last sale price $650,500 $456 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,430/month

8 Days on Market

Highlights

  • Partially Fenced Property
  • Level Lot
  • 1-Story Property
  • Jefferson Elementary Rated A-

About This Home

As of January 2017

We are selling the home right next door as well which is Zoned-C and MR800. It can be used for residential/multi-units/commercial. The seller is willing to sell both lots together or separately. This North Park Spanish Style Multi-unit property is a great investment just how it is. Both units are in mint condition with lots of original charm. Live in one and keep the second one rented out or take advantage of this lot that is zoned as MR-800B. Allows upto 4 units. (see supl) For specifics, contact the San Diego Zoning Dept for more details on building units. *BUYER AND BUYERS AGENT MUST DO THEIR OWN INVESTIGATION AND FACT FINDING PRIOR TO CLOSE OF ESCROW*

Last Agent to Sell the Property

Mary Mcternan

Big Block Realty, Inc License #01408605 Listed on: 11/28/2016

Co-Listed By

Z. McT-Contreras

TXR Homes, Inc. License #01715784

Last Buyer's Agent

Matt Davies

Matt Davies, Broker License #01966504

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,010

Year Built

  • Built in 1929

Lot Details

  • 3,476 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • Alley Access

Home Design

  • Rolled or Hot Mop Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 445-692-19-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,010

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: UNIVERSITY
  • Neighborhood: NORTH PARK
  • Supplement: For specifics, contact the San Diego Zoning Dept for more details on building units. *BUYER AND BUYERS AGENT MUST DO THEIR OWN INVESTIGATION AND FACT FINDING PRIOR TO CLOSE OF ESCROW*
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1929
  • 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: Partial
  • Roof: Rolled/Hot Mop

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: NORTH PARK
  • Manager Name: self

Lot Info

  • Lot Size: 1-3,999 SF
  • Site: Alley Access, Easement Access
  • Topography: Level
  • Zoning: MR-800
  • Assessor Parcel Number: 445-692-19-00
  • Land Use Code: M800
  • Estimated Lot Sq Ft: 3476

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 2
  • 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

Closed on
Jun 13, 2019
Sold by
Aei North Park Oz Fund Llc
Bought by
3912 3924 Arizona Llc
Current Estimated Value
$1,029,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.1%
Mortgage Type
Construction

Purchase Details

Closed on
May 14, 2019
Sold by
Next Generation Development Ii Lp
Bought by
Aei North Park Oz Fund Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.1%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 3, 2017
Sold by
Next Generation Development I Lp
Bought by
Next Generation Development Ii Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$893,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 28, 2016
Closed on
Dec 8, 2016
Sold by
Hydrick William P and Hydrick Deanna D
Bought by
Next Generation Development I Lp
Seller's Agent
Mary Mcternan
Big Block Realty, Inc
Buyer's Agent
Matt Davies
Matt Davies, Broker
List Price
$650,000
Sold Price
$650,500
Premium/Discount to List
$500
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%

Purchase Details

Closed on
Mar 24, 2004
Sold by
Hydrick William P and Hydrick Deanna D
Bought by
Hydrick William P and Hydrick Deanna D
Source: Public Records

Range of Values:

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Average Value
Not Available
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
3912 3924 Arizona Llc -- Lawyers Title
Aei North Park Oz Fund Llc $3,150,000 Fidelity National Title
Next Generation Development Ii Lp -- First American Title
Next Generation Development I Lp $650,500 First American Title
Hydrick William P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3912 3924 Arizona Llc $13,000,000
Closed 3912-3924Arizona Street Llc $0
Closed Arizona Street Llc $225
Closed 3912 3924 Arizona Llc $1,000,000
Previous Owner Next Generation Development Ii Lp $893,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2017 01/06/17 Sold $650,500 +0.1% $456 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
11/28/2016 11/28/16 For Sale $650,000 -- $455 / 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 $10,010 $825,481 $825,481 --
2024 $10,010 $809,296 $809,296 --
2023 $10,585 $857,759 $793,428 $64,331
2022 $10,302 $840,941 $777,871 $63,070
2021 $10,230 $824,453 $762,619 $61,834
2020 $10,105 $816,000 $754,800 $61,200
2019 $8,407 $676,780 $608,634 $68,146
2018 $7,861 $663,510 $596,700 $66,810
2017 $1,878 $154,956 $101,688 $53,268
2016 $1,847 $151,919 $99,695 $52,224
2015 $1,820 $149,638 $98,198 $51,440
2014 $1,792 $146,708 $96,275 $50,433
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 160062790

San Diego MLS

APN: 445-692-19