NOT LISTED FOR SALE

Estimated Value: $736,000 - $769,000

2 Beds
1 Bath
806 Sq Ft
$943/Sq Ft Est. Value

Last Sold November 07, 2023

Last sale price $685,000 $850 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,850/month

10 Days on Market

Highlights

  • City Lights View
  • Private Yard
  • 1 Car Attached Garage
  • Rolando Park Elementary School Rated A-
  • No HOA
  • Walk-In Closet

About This Home

As of November 2023

Charming 2-Bedroom Bungalow with Abundant Potential in Rolando Welcome to this adorable single-level bungalow in the coveted neighborhood of Rolando, offering a fantastic investment opportunity for both investors and builders. Situated just minutes away from SDSU, the Kroc Center, shops, and parks, this property is ideally located for convenience and accessibility. As you step inside, you'll immediately notice the warm and inviting hardwood floors that flow throughout the entire home. While the property may require some tender loving care (TLC), it boasts immense potential, especially with its generously sized yard, large enough to accommodate multiple Accessory Dwelling Units (ADUs). The home features two cozy bedrooms and a well-appointed full bathroom, providing comfortable living spaces for its future residents. The spacious living room is bathed in natural light, thanks to two large picture windows that brighten up the space. Storage will never be an issue here, as the property includes a walk-in closet and plenty of shelves in the one-car garage. The garage also houses a washer and dryer, adding to the convenience of daily living. Outdoor enthusiasts will appreciate the sizable yard with fruit-bearing trees, including apricot, pear, and guava, creating a tranquil oasis for relaxation and entertainment. The drought-tolerant front yard landscaping and backyard irrigation system make maintaining the property a breeze. Don't miss the opportunity to transform this charming bungalow into the home of your dreams or capitalize on its investment potential in the desirable Rolando neighborhood. With its prime location and promising features, this property won't stay on the market for long. Schedule a viewing today to explore its full potential!

Last Agent to Sell the Property

Monica Greenwood

Real Broker License #01871959 Listed on: 10/03/2023

Real Broker

Last Buyer's Agent

Molly Paulo

Big Block Realty, Inc. License #02034245

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,517

Year Built

  • Built in 1951

Lot Details

  • 7,700 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Backyard Sprinklers
  • Private Yard
  • Garden
  • Back and Front Yard
  • Property is zoned R-1: Single Fam-Res

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces

Property Views

  • City Lights
  • Neighborhood

Interior Spaces

  • 806 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Tract Number 2762
  • Assessor Parcel Number 4732620900

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,517

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-1: Single Fam-Res
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4732620900
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 806.00
  • Stories: 1
  • Entry Location: Living room
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 849.88
  • Room Type: Kitchen, Living Room, Walk-In Closet

Exterior Features

  • View: City Lights, Neighborhood
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Foothills, Sidewalks, Street Lights

Schools

  • School District: San Diego Unified

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Gentle Sloping, Landscaped, Level with Street, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 7700.00
  • Lot Size Acres: 0.1768

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7700.0000 Square Feet
  • Number Of Units In Community: 200

Tax Info

  • Tax Tract Number: 002762

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Oct 20, 2023
Sold by
Marcus-Cole Trust
Bought by
Ferris Michael James and Ferris Karlee Diane
Seller's Agent
Monica Greenwood
Real Broker
Buyer's Agent
Molly Paulo
Big Block Realty, Inc.
List Price
$710,000
Sold Price
$685,000
Premium/Discount to List
-$25,000
-3.52%
Views
42
Current Estimated Value
$759,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,713
Avg. Annual Appreciation
4.60%
Original Mortgage
$650,750
Outstanding Balance
$639,290
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$102,858

Purchase Details

Closed on
Sep 2, 2016
Sold by
Marcus Kennedy T and Cole Marti
Bought by
Marcus Kennedy T and Cole Martha K

Purchase Details

Closed on
May 19, 2016
Sold by
Marcus Kennedy T
Bought by
Marcus Kennedy T and Cole Marti

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2007
Sold by
Marcus Kennedy Thorum and Cole Martha Kay
Bought by
Marcus Kennedy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,100
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2000
Sold by
Deshazo Michael A
Bought by
Marcus Kennedy Thorum

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,690
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 1999
Sold by
Deshazo Michael A and Liebetrau Ralph M
Bought by
Deshazo Michael A

Purchase Details

Closed on
Jun 23, 1998
Sold by
Micah Bezy and Margaret Bezy
Bought by
Deshazo Michael A and Liebetrau Ralph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,250
Interest Rate
7%

Purchase Details

Closed on
Oct 16, 1995
Sold by
Lee Robert E
Bought by
Bezy Margaret and Bezy Micah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,368
Interest Rate
7.58%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Ferris Michael James $685,000 Lawyers Title Company
Marcus Kennedy T -- None Available
Marcus Kennedy T -- Title365
Marcus Kennedy T -- Alliance Title Company
Marcus Kennedy Thorum $186,000 First American Title Ins
Deshazo Michael A -- --
Deshazo Michael A $124,500 Fidelity National Title
Bezy Margaret $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferris Michael James $650,750
Previous Owner Marcus Kennedy T $229,500
Previous Owner Marcus Kennedy T $242,000
Previous Owner Marcus Kennedy T $267,100
Previous Owner Marcus Kennedy Thorum $257,800
Previous Owner Marcus Kennedy T $290,000
Previous Owner Marcus Kennedy T $240,000
Previous Owner Marcus Kennedy Thorum $60,000
Previous Owner Marcus Kennedy Thorum $179,000
Previous Owner Marcus Kennedy Thorum $179,306
Previous Owner Marcus Kennedy Thorum $179,690
Previous Owner Deshazo Michael A $118,250
Previous Owner Bezy Margaret $105,368
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2023 11/07/23 Sold $685,000 -3.5% $850 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $710,000 -- $881 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,517 $698,699 $320,835 $377,864
2024 $8,517 $685,000 $314,545 $370,455
2023 $3,398 $269,224 $123,625 $145,599
2022 $3,308 $263,946 $121,201 $142,745
2021 $3,285 $258,772 $118,825 $139,947
2020 $3,246 $256,120 $117,607 $138,513
2019 $3,189 $251,099 $115,301 $135,798
2018 $2,982 $246,177 $113,041 $133,136
2017 $2,911 $241,351 $110,825 $130,526
2016 $2,864 $236,619 $108,652 $127,967
2015 $2,822 $233,065 $107,020 $126,045
2014 $2,770 $228,500 $104,924 $123,576
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2304842

California Regional Multiple Listing Service (CRMLS)

APN: 473-262-09