NOT LISTED FOR SALE

Estimated Value: $578,000 - $796,000

4 Beds
2 Baths
-- Sq Ft
7,000 Sq Ft Lot

Last Sold November 24, 2014

Last sale price $240,000

Est. 182% increase in value since last sale

Current estimated payment $4,046/month

59 Days on Market

Highlights

  • Gated Home
  • 1-Story Property
  • 5-minute walk to 41st Street Park
  • Wood Siding

About This Home

As of November 2014

Two separate house on one lot! Great investment opportunity in the Shelltown community of San Diego. 5 minutes to Downtown San Diego, close to several major freeways giving it great access to anywhere in the county. Property has some deferred maintenance, need some TLC, but has great potential. Live in one house, rent out the other or rent both out. Both units currently rented out. Buyer and their agent to verify all information.

Last Agent to Sell the Property

Aaron Zelt

Zimkin Realty License #01912516 Listed on: 08/15/2014

Last Buyer's Agent

Aaron Zelt

Zimkin Realty License #01912516 Listed on: 08/15/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,015

Year Built

  • Built in 1927

Lot Details

  • 7,000 Sq Ft Lot
  • Gated Home
  • Partially Fenced Property

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 551-452-17-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,015

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: S. 42nd Street
  • Neighborhood: Shelltown
  • Stories: 1 Story
  • Sale Price List Price: 0.65
  • Total Stories: 1
  • Year Built: 1927
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood, Wood/Stucco
  • Fencing: Gate, Partial

Condo/Co-op/Association

  • Community: SAN DIEGO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 551-452-17-00
  • Land Use Code: Dplx
  • Estimated Lot Sq Ft: 7000
  • Map Code Column: H
  • Map Code Page: 1289
  • Map Code Row: 7

Multi Family

  • No. of Units: 2
  • Gross Sched Income Actual: 22800
  • Number Of Buildings: 2
  • Number Of Units With Range Oven: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2016
Sold by
Porter Joan E
Bought by
Porter John D
Current Estimated Value
$677,754

Purchase Details

Closed on
Jan 21, 2016
Sold by
Connor Daniel Robert
Bought by
Porter John D

Purchase Details

Listed on
Aug 15, 2014
Closed on
Oct 16, 2014
Sold by
Showalter Christine A
Bought by
Connor Daniel Robert
Seller's Agent
Aaron Zelt
Zimkin Realty
Buyer's Agent
Aaron Zelt
Zimkin Realty
List Price
$369,000
Sold Price
$240,000
Premium/Discount to List
-$129,000
-34.96%

Purchase Details

Closed on
Nov 23, 2011
Sold by
Arellano Mario Lagurin and Arellano Charity A
Bought by
Showalter Christine A

Purchase Details

Closed on
Apr 6, 2001
Sold by
Arellano Mario L and Arellano Charity A
Bought by
Arellano Mario Lagurin and Arellano Charity A

Purchase Details

Closed on
Mar 28, 1994
Sold by
Resolution Trust Corp
Bought by
Arellano Mario L and Arellano Charity A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.62%

Purchase Details

Closed on
Sep 16, 1992
Bought by
Ownership Name Information
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
Porter John D -- Chicago Title Company
Porter John D $240,000 Chicago Title Company
Connor Daniel Robert $275,000 Lawyers Title Company
Showalter Christine A -- None Available
Arellano Mario Lagurin -- --
Arellano Mario L $85,000 South Coast Title Co
-- $100,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arellano Mario L $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2014 11/24/14 Sold $240,000 -35.0% --
10/13/2014 10/13/14 Pending -- -- --
08/15/2014 08/15/14 For Sale $369,000 -- --
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 $4,015 $330,499 $194,418 $136,081
2024 $4,015 $324,019 $190,606 $133,413
2023 $3,926 $317,667 $186,869 $130,798
2022 $3,822 $311,439 $183,205 $128,234
2021 $3,796 $305,333 $179,613 $125,720
2020 $3,750 $302,203 $177,772 $124,431
2019 $3,683 $296,279 $174,287 $121,992
2018 $3,445 $290,470 $170,870 $119,600
2017 $3,363 $284,775 $167,520 $117,255
2016 $3,308 $279,192 $164,236 $114,956
2015 $3,260 $275,000 $161,770 $113,230
2014 $1,420 $117,835 $69,317 $48,518
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 140045128

San Diego MLS

APN: 551-452-17