NOT LISTED FOR SALE

4037 Main St Chula Vista, CA 91911

Otay Mesa West Neighborhood

Estimated Value: $715,000 - $810,000

4 Beds
2 Baths
-- Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: September 10, 2012

Last sale price $295,000

Est. 162% increase in value since last sale

Current estimated payment $4,721 / mo

61 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Gentle Sloping Lot
  • 1-Story Property
  • Partially Fenced Property

About This Home

As of September 2012

TRADITIONAL SALE!!! Great Investment Opportunity! Property has great income and even more potential! Ample parking, within minutes of many amenities including shopping, movie theater, parks, recreation center and highways. Don't wait to see this as property won't last long! Buyer to verify all prior to close of escrow.

Last Agent to Sell the Property

Piero Reece

CA-RES License #01159191 Listed on: 06/11/2012

CA-RES

Last Buyer's Agent

April Alva

LPT Realty, Inc. License #01365287

LPT Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 6,098 Sq Ft Lot
  • Partially Fenced Property
  • Gentle Sloping Lot

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • Carport
  • Parking Available
  • Uncovered Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 6240520300

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $3,084
  • Net Operating Income $28,476

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

6,098 Sq Ft Lot

Listing Details

  • CapRate: 6.41
  • Subdivision Name Other: CHULA VISTA
  • Property Type: Residential Income
  • Parcel Number: 6240520300
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport, Uncovered

Utilities

  • Appliances: Gas Water Heater
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Lot Features: Gentle Sloping
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Gross Multiplier: 18.10
  • Gross Scheduled Income: 16020.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 28476.00
  • Number Of Units Total: 2
  • Total Expenses: 3084.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2021
Sold by
Bought by
Current Estimated Value
$771,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,000
Outstanding Balance
$442,729
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$329,080

Purchase Details

Closed on
Dec 21, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,840
Interest Rate
3.7%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 22, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,704
Interest Rate
4.32%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 11, 2012
Closed on
Sep 5, 2012
Sold by
Bought by
Seller's Agent
Piero Reece
CA-RES
Buyer's Agent
April Alva
LPT Realty, Inc.
List Price
$300,000
Sold Price
$295,000
Premium/Discount to List
-$5,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$207,900
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 11, 2012
Closed on
Jul 20, 2012
Sold by
Bought by
Seller's Agent
Piero Reece
CA-RES
Buyer's Agent
April Alva
LPT Realty, Inc.
List Price
$300,000
Sold Price
$295,000
Premium/Discount to List
-$5,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,900
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Interest Rate
5.09%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 2008
Sold by
Bought by

Purchase Details

Closed on
Mar 10, 2008
Sold by
Bought by

Purchase Details

Closed on
Mar 28, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
1.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 17, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 22, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,200
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 14, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,200
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 10, 2004
Sold by
Bought by

Purchase Details

Closed on
Dec 3, 2002
Sold by
Bought by

Purchase Details

Closed on
May 4, 2002
Sold by
Bought by

Purchase Details

Closed on
Mar 26, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.09%

Purchase Details

Closed on
Jan 31, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title
-- First American Title
-- First American Title
$458,000 First American Title
-- Ticor Title San Diego
$311,500 Ticor Title
$250,000 Landsafe Title
$352,750 Landsafe Title
-- None Available
-- Lawyers Title
-- Lawyers Title
-- Commonwealth Land Title Co
$484,000 Commonwealth Land Title Co
-- --
-- --
-- --
-- Commonwealth Land Title Co
$160,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $489,000
Closed $455,840
Closed $449,704
Previous Owner $207,900
Previous Owner $245,471
Previous Owner $488,000
Previous Owner $450,000
Previous Owner $387,200
Previous Owner $128,000
Closed $96,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/10/2012 09/10/12 Sold $295,000 -1.7% --
08/11/2012 08/11/12 Pending -- -- --
06/11/2012 06/11/12 For Sale $300,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,923 $521,118 $280,738 $240,380
2024 $6,923 $510,901 $275,234 $235,667
2023 $6,598 $500,885 $269,838 $231,047
2022 $6,467 $491,065 $264,548 $226,517
2021 $6,414 $481,437 $259,361 $222,076
2020 $6,126 $476,501 $256,702 $219,799
2019 $6,252 $467,159 $251,669 $215,490
2018 $4,299 $321,427 $173,160 $148,267
2017 $4,339 $315,125 $169,765 $145,360
2016 $4,365 $308,947 $166,437 $142,510
2015 $4,097 $304,307 $163,937 $140,370
2014 $4,357 $298,347 $160,726 $137,621
Source: Public Records

Agents Affiliated with this Home

  • Piero Reece

    Seller's Agent in 2012

    Piero Reece

    CA-RES

    (619) 847-8961

    13 Total Sales

    Piero Reece
    Section Image
  • April Alva

    Buyer's Agent in 2012

    April Alva

    LPT Realty, Inc.

    (619) 250-5400

    2 in this area

    20 Total Sales

    April Alva
    Section Image

  • J

    Buyer's Agent in 2012

    Jenny Kim

    Kim, Jenny

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 120035503

California Regional Multiple Listing Service (CRMLS)

APN: 624-052-03

California San Diego County Chula Vista 91911 Otay Mesa West

4037 Main St, Chula Vista, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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