NOT LISTED FOR SALE

Estimated Value: $684,000 - $892,000

4 Beds
2 Baths
1,343 Sq Ft
$591/Sq Ft Est. Value

Last Sold March 26, 2018

Last sale price $458,000 $341 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,700/month

18 Days on Market

About This Home

As of March 2018

Terrific opportunity to purchase well-maintained 2-unit property in Chula Vista. Easy access to shopping and transportation. Dual pane windows. Separate water meters for each unit. MANY updates made in 2017 including: New stucco & exterior paint, new carport roof, new concrete patio in back, new hot water heaters, newly remodeled front unit w/new light fixtures, kitchen cabinets, new porcelain tile, and new pedestal bath sink. Back unit kitchen, dining and laundry rooms remodeled. New fascia in back. Neighborhoods: Brodericks Otay Acres Other Fees: 0 Number of Furnished Units: 0

Last Agent to Sell the Property

Kevin Lare

Kalnesa, Inc License #01958472 Listed on: 02/10/2018

Co-Listed By

Andres San Martin

Kalnesa, Inc License #01261820

Last Buyer's Agent

Patty Reyes

Century 21 Affiliated License #01718478

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 6,273

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 1-Story Property
  • Partially Fenced Property

Listing and Financial Details

  • Tenant pays for water, electricity
  • Assessor Parcel Number 6240520300

Community Details

Overview

  • 2 Units
  • Brodericks Otay Acres

Building Details

  • Net Operating Income $24,720

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

0

Listing Details

  • CapRate: 5.00
  • Park Name: Brodericks Otay Acres
  • 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
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Roof: Composition

Rental Info

  • Tenant Pays: Water, Electricity

Multi Family

  • Gross Scheduled Income: 30900.00
  • Net Operating Income: 24720.00
  • Number Of Units Total: 2
  • Number With Range: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2021
Sold by
Fernandez Amilcar
Bought by
Fernandez Amilcar and Fernandez Karina A
Current Estimated Value
$794,056

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
$351,327

Purchase Details

Closed on
Dec 21, 2019
Sold by
Fernandez Karina A
Bought by
Fernandez Amilcar

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

Listed on
Feb 10, 2018
Closed on
Feb 22, 2018
Sold by
Ramirez Leopoldo
Bought by
Fernandez Amilcar
Seller's Agent
Kevin Lare
Kalnesa, Inc
Buyer's Agent
Patty Reyes
Century 21 Affiliated
List Price
$458,000
Sold Price
$458,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$449,704
Interest Rate
4.32%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 2012
Sold by
Ramirez Ramona
Bought by
Ramirez Leopoldo

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
Jul 20, 2012
Sold by
Broussard Phillip A and Broussard Erin A
Bought by
Ramirez Leopoldo

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
The Bank Of New York
Bought by
Broussard Phillip A and Broussard Erin A

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
Coss Hugo and Coss Maria
Bought by
The Bank Of New York

Purchase Details

Closed on
Mar 10, 2008
Sold by
Coss Hugo and Coss Maria
Bought by
Land Grant Services Llc

Purchase Details

Closed on
Mar 28, 2006
Sold by
Coss Hugo
Bought by
Coss Hugo and Coss Maria

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
Coss Hugo and Coss Maria De La Luz
Bought by
Coss Hugo

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
Gallardo Jacqueline
Bought by
Gallardo Esteban

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
Gallardo Esteban
Bought by
Gutierrez Hugo Coss and Coss Maria Dela Luz

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
Gallardo Esteban
Bought by
Gallardo Esteban

Purchase Details

Closed on
Dec 3, 2002
Sold by
Gallardo Esteban
Bought by
Gallardo Esteban

Purchase Details

Closed on
May 4, 2002
Sold by
Beas Genoveva and Gallardo Esteban
Bought by
Beas Genoveva and Gallardo Esteban

Purchase Details

Closed on
Mar 26, 2001
Sold by
Gallardo Jacqueline
Bought by
Gallardo Esteban

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
Arroyo Frances
Bought by
Beas Genoveva and Gallardo Esteban

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
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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
Fernandez Amilcar -- First American Title
Fernandez Amilcar -- First American Title
Fernandez Amilcar -- First American Title
Fernandez Amilcar $458,000 First American Title
Ramirez Leopoldo -- Ticor Title San Diego
Ramirez Leopoldo $311,500 Ticor Title
Broussard Phillip A $250,000 Landsafe Title
The Bank Of New York $352,750 Landsafe Title
Land Grant Services Llc -- None Available
Coss Hugo -- Lawyers Title
Coss Hugo -- Lawyers Title
Gallardo Esteban -- Commonwealth Land Title Co
Gutierrez Hugo Coss $484,000 Commonwealth Land Title Co
Gallardo Esteban -- --
Gallardo Esteban -- --
Beas Genoveva -- --
Gallardo Esteban -- Commonwealth Land Title Co
Beas Genoveva $160,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandez Amilcar $489,000
Closed Fernandez Amilcar $455,840
Closed Fernandez Amilcar $449,704
Previous Owner Ramirez Leopoldo $207,900
Previous Owner Broussard Phillip A $245,471
Previous Owner Coss Hugo $488,000
Previous Owner Coss Hugo $450,000
Previous Owner Gutierrez Hugo Coss $387,200
Previous Owner Beas Genoveva $128,000
Closed Gutierrez Hugo Coss $96,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2018 03/26/18 Sold $458,000 0.0% $341 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
02/10/2018 02/10/18 For Sale $458,000 -- $341 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 180007349

California Regional Multiple Listing Service (CRMLS)

APN: 624-052-03