NOT LISTED FOR SALE

Estimated Value: $1,097,821 - $1,374,000

3 Beds
2 Baths
-- Sq Ft
0.83 Acres

Last Sold August 06, 2013

Last sale price $515,000

Est. 147% increase in value since last sale

Current estimated payment $7,563/month

18 Days on Market

Highlights

  • Property is Fully Fenced
  • Lewis Middle School Rated A-
  • 1-Story Property

About This Home

As of August 2013

Turn-key Kensington area duplex with 2BR/1BA, 1BR/1BA & detached 2 car garage. Mid-century modern feel with quaint cottage roots. Great investment opportunity in quintessential San Diego community. Perfect for any investor or owner-occupied buyer looking to get into the "mid-city" scene. New dual pane windows, new tile in kitchens and bathrooms & hardwood floors in both units. Newly renovated backyard lounge area, with raised deck, patio furniture, fire pit and Adirondack chairs.

Last Agent to Sell the Property

Matt Greene

Compass License #01906910 Listed on: 06/06/2013

Compass

Last Buyer's Agent

Anthony DiVincenzo

Lee Mather Company License #01721106

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,551

Year Built

  • Built in 1954

Lot Details

  • 0.83

Home Design

  • Composition Roof

Utilities

  • Gas Water Heater
  • Septic System

Additional Features

  • 1-Story Property
  • Property is Fully Fenced

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for water, electricity, gas/propane, hot water
  • Assessor Parcel Number 454-733-30-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,551

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Marlborough Ave
  • Neighborhood: Kensington
  • Stories: 1 Story
  • Sale Price List Price: 0.94
  • Total Stories: 1
  • Year Built: 1954
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Walk Score Desc: Very Walkable
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Fencing: Full
  • Roof: Composition

Utilities

  • Sewer/Septic: Septic Installed, Sewer Connected
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Community: KENSINGTON

Lot Info

  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 454-733-30-00
  • Land Use Code: n/k
  • Map Code Column: G
  • Map Code Page: 1269
  • Map Code Row: 4

Rental Info

  • Tenant Pays: Water, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Gross Sched Income Actual: 900
  • Gross Sched Income Projected: 2900
  • Number Of Buildings: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Tax Info

  • Assessor Parcel Number: 4125-4127MeadeAve92116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2013
Closed on
Jun 25, 2013
Sold by
Cap Fund 1 Lp
Bought by
Geiger Genevieve
Seller's Agent
Matt Greene
Compass
Buyer's Agent
Anthony DiVincenzo
Lee Mather Company
List Price
$549,000
Sold Price
$515,000
Premium/Discount to List
-$34,000
-6.19%
Current Estimated Value
$1,272,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$757,705
Avg. Annual Appreciation
7.05%
Original Mortgage
$412,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 13, 2013
Closed on
Feb 13, 2013
Sold by
Gottlieb James P and Gottlieb Lea N
Bought by
Cap Fund 1 Lp
Seller's Agent
Irene Young
Berkshire Hathaway HomeService
Buyer's Agent
Matt Greene
Berkshire Hathaway HomeServices California Properties
List Price
$427,500
Sold Price
$427,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.49%

Purchase Details

Closed on
Nov 9, 2005
Sold by
Gottlieb James P and Gottlieb Lea N
Bought by
Gottlieb James P and Gottlieb Lea N

Purchase Details

Closed on
Jun 29, 2005
Sold by
Gottlieb James P and Gottlieb Lea N
Bought by
Gottlieb James P and Gottlieb Lea N

Purchase Details

Closed on
Dec 16, 2004
Sold by
Kilman Terrence M and Kilman Lynn T
Bought by
Gottlieb James P and Gottlieb Lea N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,875
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2003
Sold by
Vansambeek John P and Wilkens Cecilia A
Bought by
Vansambeek John P and Wilkens Cecilia A

Purchase Details

Closed on
Nov 8, 2002
Sold by
Kilman Terrence M and Kilman Lynn T
Bought by
Kilman Terrence M and Kilman Lynn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,900
Interest Rate
5.99%

Purchase Details

Closed on
Oct 24, 2002
Sold by
Wilkens Cecilia A
Bought by
Vansambeek Jack P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,900
Interest Rate
5.99%

Purchase Details

Closed on
Dec 22, 1999
Sold by
Jack Vansambeek and Jack Terrence M
Bought by
Kilman Terrence M and Kilman Lynn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.69%

Purchase Details

Closed on
May 13, 1999
Sold by
Kilman Terrence M and Umns Lynn T
Bought by
Kilman Terrence M and Kilman Lynn T

Purchase Details

Closed on
Dec 6, 1994
Sold by
Middaugh Jeffrey Scott and Oshino Kayoko
Bought by
Kilman Terrence M and Kilman Lynn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.58%
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
Geiger Genevieve $515,000 California Title Company
Cap Fund 1 Lp $427,500 California Title Company
Gottlieb James P -- --
Gottlieb James P -- --
Gottlieb James P $498,500 First American Title Co
Vansambeek John P -- --
Kilman Terrence M -- --
Vansambeek Jack P -- Fidelity National Title
Vansambeek Jack P -- Fidelity National Title
Kilman Terrence M -- Southland Title Corporation
Kilman Terrence M -- Southland Title Corporation
Kilman Terrence M -- --
Kilman Terrence M $124,000 Continental Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geiger Genevieve $412,000
Closed Geiger Genevieve $412,000
Previous Owner Gottlieb James P $373,875
Previous Owner Vansambeek Jack P $112,900
Previous Owner Kilman Terrence M $112,000
Previous Owner Kilman Terrence M $99,000
Closed Kilman Terrence M $12,380
Closed Gottlieb James P $74,775
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2013 08/06/13 Sold $515,000 -6.2% --
06/24/2013 06/24/13 Pending -- -- --
06/06/2013 06/06/13 For Sale $549,000 +28.4% --
03/08/2013 03/08/13 Sold $427,500 0.0% $364 / Sq Ft
02/08/2013 02/08/13 Pending -- -- --
01/13/2013 01/13/13 For Sale $427,500 -- $364 / 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 $7,551 $631,306 $445,360 $185,946
2024 $7,551 $618,928 $436,628 $182,300
2023 $7,382 $606,793 $428,067 $178,726
2022 $7,184 $594,896 $419,674 $175,222
2021 $7,134 $583,233 $411,446 $171,787
2020 $7,046 $577,254 $407,228 $170,026
2019 $6,919 $565,937 $399,244 $166,693
2018 $6,468 $554,841 $391,416 $163,425
2017 $6,313 $543,963 $383,742 $160,221
2016 $6,210 $533,298 $376,218 $157,080
2015 $6,118 $525,288 $370,567 $154,721
2014 $6,020 $515,000 $363,309 $151,691
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 130029118

San Diego MLS

APN: 454-733-30