NOT LISTED FOR SALE

Estimated Value: $2,196,123 - $2,541,000

3 Beds
3 Baths
1,640 Sq Ft
$1,447/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $1,650,000 $1,006 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $14,727/month

47 Days on Market

Highlights

  • Partially Fenced Property
  • Level Lot
  • Heating System Uses Natural Gas
  • Pacific Beach Elementary School Rated A-

About This Home

As of August 2020

Opportunities like this don’t happen very often in the heart of Mission Beach- this duplex is steps from the sand with two units- one upstairs with stunning ocean views and one downstairs with a charming ocean view patio. One unit is 1 bdrm/1ba with 720 elf and the second is 2bdrm/2ba with 920 esf. Both offer stunning ocean and beach views and relaxed beachside living. Possibilities are endless- live in one rent the other, rent both or convert into your dream beach home... See Supplement Opportunities like this don’t happen very often in the heart of Mission Beach- this duplex is steps from the sand with two units- one upstairs with stunning ocean views and one downstairs with a charming ocean view patio. One unit is 1 bdrm/1ba with 720 elf and the second is 2bdrm/2ba with 920 esf. Both offer stunning ocean and beach views and relaxed beachside living. Possibilities are endless- live in one rent the other, rent both or convert into your dream beach home. Enjoy people watching on the boardwalk or sunset strolls. Located close to dining, shopping this is an amazing property and won’t last long.

Last Agent to Sell the Property

Carlos Gutierrez

eXp Realty of California, Inc. License #01507102 Listed on: 06/02/2020

eXp Realty of California, Inc.

Last Buyer's Agent

Teri Christensen

Affiliated Property Group Inc. License #01907622

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,562

Year Built

  • Built in 1938

Lot Details

  • 1,334 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter

Community Details

  • 2 Units
  • 3936 Strandway Community

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 423-551-25-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,562

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Whiting
  • Neighborhood: Mission Beach
  • Supplement: Opportunities like this don’t happen very often in the heart of Mission Beach- this duplex is steps from the sand with two units- one upstairs with stunning ocean views and one downstairs with a charming ocean view patio. One unit is 1 bdrm/1ba with 720 elf and the second is 2bdrm/2ba with 920 esf. Both offer stunning ocean and beach views and relaxed beachside living. Possibilities are endless- live in one rent the other, rent both or convert into your dream beach home. Enjoy people watching on the boardwalk or sunset strolls. Located close to dining, shopping this is an amazing property and won’t last long.
  • Stories: 2 Story
  • Sale Price List Price: 0.97
  • Total Stories: 2
  • Year Built: 1938
  • 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: Composition

Utilities

  • Sewer/Septic: Sewer Available
  • Water: Meter on Property
  • Heat Equipment: Combination Heating

Condo/Co-op/Association

  • Complex Name: 3936 Strandway
  • Community: PACIFIC BEACH

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Zoning: R-4:MULTIP
  • Assessor Parcel Number: 423-551-25-00
  • Estimated Lot Sq Ft: 1334
  • Estimated Number of Acres: 0.03
  • Map Code Column: H
  • Map Code Page: 1247
  • Map Code Row: 7

Rental Info

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

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 1
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Jul 28, 2020
Sold by
Tang John N
Bought by
Kirovski Goran
Seller's Agent
Carlos Gutierrez
eXp Realty of California, Inc.
Buyer's Agent
Teri Christensen
Affiliated Property Group Inc.
List Price
$1,699,000
Sold Price
$1,650,000
Premium/Discount to List
-$49,000
-2.88%
Current Estimated Value
$2,373,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$723,031
Avg. Annual Appreciation
7.05%
Original Mortgage
$1,300,000
Interest Rate
2.9%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 11, 2012
Sold by
Tang Sally C
Bought by
Tang John N

Purchase Details

Closed on
Feb 24, 2005
Sold by
Hutton Dennis and Hutton Mary
Bought by
Tang John N and Tang Sally C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 1997
Sold by
Wutsch Craig W
Bought by
Hutton Dennis and Hutton Mary

Purchase Details

Closed on
Jun 12, 1997
Sold by
Daugherty Flora F and Daugherty William F
Bought by
Wutsch Craig W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
5.25%
Source: Public Records

Range of Values:

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Average Value
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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
Kirovski Goran $1,650,000 Chicago Title Company
Tang John N -- None Available
Tang John N $1,200,000 Ticor Title San Diego
Hutton Dennis $292,000 Gateway Title Company
Wutsch Craig W $400,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirovski Goran $1,403,600
Closed Kirovski Goran $1,300,000
Previous Owner Tang John N $940,000
Previous Owner Hutton Mary $179,536
Previous Owner Hutton Dennis $180,000
Previous Owner Hutton Dennis $100,000
Previous Owner Wutsch Craig W $192,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $1,650,000 -2.9% $1,006 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $1,699,000 -- $1,036 / 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 $21,562 $1,786,011 $1,574,938 $211,073
2024 $21,562 $1,750,992 $1,544,057 $206,935
2023 $21,086 $1,716,660 $1,513,782 $202,878
2022 $20,524 $1,683,000 $1,484,100 $198,900
2021 $20,382 $1,650,000 $1,455,000 $195,000
2020 $17,882 $1,450,000 $1,265,000 $185,000
2019 $16,903 $1,375,000 $1,200,000 $175,000
2018 $15,824 $1,350,000 $1,179,000 $171,000
2017 $15,183 $1,300,000 $1,136,000 $164,000
2016 $15,241 $1,300,000 $1,136,000 $164,000
2015 $15,244 $1,300,000 $1,136,000 $164,000
2014 $12,938 $1,100,000 $962,000 $138,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200025231

San Diego MLS

APN: 423-551-25