NOT LISTED FOR SALE

Estimated Value: $909,000 - $1,205,000

6 Beds
5 Baths
2,700 Sq Ft
$397/Sq Ft Est. Value

Last Sold December 27, 2017

Last sale price $675,000 $250 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,267/month

2 Days on Market

Highlights

  • Gated Parking
  • Attic Fan
  • Property is Fully Fenced

About This Home

As of December 2017

Excellent income property, 2 buildings, front building has 2 units, bottom unit is non conforming. Upper unit is a 2 BD, 1 and ¾ BA, bottom, unit is a 2 BD and ¾ BA., 1 gas and electric meter on this building, tenants pay 50 % each. Back bldg is a 2 BD and 1, and ¾ BA with two additional small rooms, parking is thru the alley. This bldg has its own meters, water service is paid by all three tenants. Bring your best offer, seller is willing to sell.

Last Agent to Sell the Property

Maria Celis

Millenium Realtors INC. License #01103114 Listed on: 11/28/2017

Last Buyer's Agent

Afsaneh Sonny Baha-Kajeh

Park Place Collective License #01419923

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,283

Year Built

  • Built in 1965

Lot Details

  • 6,594 Sq Ft Lot
  • Property is Fully Fenced

Parking

  • Gated Parking

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Attic Fan
  • Window Bars

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for water, cable TV, electricity, gas/propane
  • Assessor Parcel Number 541-401-04-00

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Mission / Rancho Community

Building Details

  • Net Operating Income $44,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,283

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: 41st St
  • Neighborhood: San Diego
  • Stories: 2 Story
  • Sale Price List Price: 0.98
  • Total Stories: 2
  • Year Built: 1965
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U3: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Garage/Parking

  • Parking for RV: Gated

Utilities

  • Cooling: Attic Fan
  • Security: Security Bars
  • Sewer/Septic: Sewer Connected
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Complex Name: Mission / Rancho
  • Community: SAN DIEGO

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 541-401-04-00
  • Land Use Code: R2
  • Estimated Lot Sq Ft: 6594
  • Estimated Number of Acres: 0.15
  • Map Code Column: H
  • Map Code Page: 1289
  • Map Code Row: 3

Rental Info

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

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 44400
  • Annual Expense Actual: 4800
  • Gross Rent Multiplier Actual: 14.1
  • Gross Sched Income Actual: 49200
  • Number Of Buildings: 2
  • Number Of Units With Garage: 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
Nov 28, 2017
Closed on
Dec 22, 2017
Sold by
Ashkhatoyan Suren
Bought by
Dinsmore Susan
Seller's Agent
Maria Celis
Millenium Realtors INC.
Buyer's Agent
Afsaneh Sonny Baha-Kajeh
Park Place Collective
List Price
$690,000
Sold Price
$675,000
Premium/Discount to List
-$15,000
-2.17%
Current Estimated Value
$994,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,635
Avg. Annual Appreciation
5.31%
Original Mortgage
$485,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 28, 2017
Closed on
Dec 15, 2017
Sold by
Dinsmore Susan
Bought by
Oladi Reza and Khamooshian Parasto
Seller's Agent
Maria Celis
Millenium Realtors INC.
Buyer's Agent
Afsaneh Sonny Baha-Kajeh
Park Place Collective
List Price
$690,000
Sold Price
$675,000
Premium/Discount to List
-$15,000
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2003
Sold by
Ridgway Martha
Bought by
Dinsmore Susan

Purchase Details

Closed on
Sep 21, 2000
Sold by
Zimmerman Harvey
Bought by
Ridgway Martha

Purchase Details

Closed on
Dec 23, 1999
Sold by
Thompson Donald E Living Trust and Eugene Donald
Bought by
Zimmerman Harvey

Purchase Details

Closed on
May 31, 1995
Sold by
Newby George and Thompson Donald Eugene
Bought by
Thompson Donald Eugene

Purchase Details

Closed on
Jul 16, 1990

Purchase Details

Closed on
Jan 30, 1987
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
Dinsmore Susan -- Orange Coast Title
Oladi Reza $675,000 Orange Coast Title
Dinsmore Susan $160,000 --
Ridgway Martha -- --
Zimmerman Harvey -- --
Thompson Donald Eugene $79,948 Stewart Title Company
-- $220,000 --
-- $55,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oladi Reza $488,600
Closed Oladi Reza $485,000
Previous Owner Dinsmore Susan $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2017 12/27/17 Sold $675,000 0.0% $250 / Sq Ft
12/27/2017 12/27/17 Sold $675,000 -2.2% $250 / Sq Ft
12/01/2017 12/01/17 Pending -- -- --
12/01/2017 12/01/17 Pending -- -- --
11/28/2017 11/28/17 For Sale $690,000 0.0% $256 / Sq Ft
10/03/2017 10/03/17 For Sale $690,000 -- $256 / 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 $9,283 $768,026 $526,648 $241,378
2024 $9,283 $752,968 $516,322 $236,646
2023 $9,078 $738,205 $506,199 $232,006
2022 $8,837 $723,731 $496,274 $227,457
2021 $8,776 $709,542 $486,544 $222,998
2020 $8,670 $702,268 $481,556 $220,712
2019 $8,516 $688,499 $472,114 $216,385
2018 $7,962 $675,000 $462,857 $212,143
2017 $4,126 $350,000 $240,000 $110,000
2016 $3,553 $300,000 $206,000 $94,000
2015 $3,436 $290,000 $200,000 $90,000
2014 $3,450 $290,000 $200,000 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 170060176

San Diego MLS

APN: 541-401-04