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
1,343 Sq Ft
$575/Sq Ft Est. Value

Sale Details

Date Sold: March 26, 2018

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

Est. 69% increase in value since last sale

Current estimated payment $4,721 / mo

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

6,273 Sq Ft Lot

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

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

Listed on
Feb 10, 2018
Closed on
Feb 22, 2018
Sold by
Bought by
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
6.54%
Original Mortgage
$449,704
Interest Rate
4.32%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 2012
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
$207,900
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2012
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
$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
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

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

  • K

    Seller's Agent in 2018

    Kevin Lare

    Kalnesa, Inc

    Section Image
  • Andres San Martin

    Seller Co-Listing Agent in 2018

    Andres San Martin

    Kalnesa, Inc

    (619) 319-0511

    1 in this area

    19 Total Sales

    Andres San Martin
    Section Image
  • Patty Reyes

    Buyer's Agent in 2018

    Patty Reyes

    Century 21 Affiliated

    (619) 726-2673

    1 in this area

    42 Total Sales

    Patty Reyes
    Section Image
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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

California San Diego County Chula Vista 91911 Otay Mesa West

4037 Main St, Chula Vista, CA

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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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