NOT LISTED FOR SALE

Estimated Value: $812,000 - $1,016,470

4 Beds
2 Baths
1,500 Sq Ft
$608/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $422,500 $282 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $5,360/month

39 Days on Market

Highlights

  • Partially Fenced Property
  • 1-Story Property
  • 3-minute walk to Teralta Park
  • Level Lot

About This Home

As of May 2016

This centrally located property features 2 detached 2 bed /1 bath units. Just a few blocks from Kensington and North Park. Below market rents. Both units have private yards and washer dryer hookups. Overall, this is a great owner occupant home (live in one, rent the other) or investment property. Easy access to freeways. Walk to shopping, public transportation, restaurants and schools.

Last Agent to Sell the Property

Christoforos Savvides

SDpremier License #01810925 Listed on: 02/29/2016

Last Buyer's Agent

John Wilkinson

New Visions/Prestige R E License #01133230

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,994

Year Built

  • Built in 1940

Lot Details

  • 3,123 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • Alley Access

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Window Bars

Schools

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

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 454-742-19-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,994

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: El Cajon Blvd
  • Neighborhood: Teralta/Orange Blossom Park
  • LP / Sq Ft: 12.88
  • Stories: 1 Story
  • Sale Price List Price: 0.99
  • Total Stories: 1
  • Year Built: 1940
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Security: Security Bars
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: EAST 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: 1-3,999 SF
  • Site: Alley Access
  • Topography: Level
  • Assessor Parcel Number: 454-742-19-00
  • Land Use Code: Dupl
  • Estimated Lot Sq Ft: 3123
  • Estimated Number of Acres: 0.0717

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 21600
  • Annual Expense Actual: 3000
  • Annual Expense Projected: 3000
  • Gross Rent Multiplier Actual: 18.3
  • Gross Rent Multiplier Projected: 12.5
  • Gross Sched Income Actual: 24600
  • Gross Sched Income Projected: 36000
  • Number Of Buildings: 2
  • Number Of Units With Patios: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2023
Sold by
Macgregor Laura Elizabeth
Bought by
Everine Revocable Living Trust and Macgregor
Current Estimated Value
$880,017

Purchase Details

Listed on
Feb 29, 2016
Closed on
Apr 20, 2016
Sold by
Vuong Lan Hoa
Bought by
Macgregor Laura Elizabeth
Seller's Agent
Christoforos Savvides
SDpremier
Buyer's Agent
John Wilkinson
New Visions/Prestige R E
List Price
$430,000
Sold Price
$422,500
Premium/Discount to List
-$7,500
-1.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$414,834
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 2002
Sold by
Vuong Dat
Bought by
Vuong Lan Hoa

Purchase Details

Closed on
Jul 25, 1994
Sold by
Bank United Of Texas Fsb
Bought by
Vuong Dat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,700
Interest Rate
8.57%

Purchase Details

Closed on
Apr 18, 1994
Sold by
Title Trust Deed Service Company
Bought by
Bank United Of Texas Fsb

Purchase Details

Closed on
Mar 22, 1989
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
Everine Revocable Living Trust -- None Listed On Document
Macgregor Laura Elizabeth $422,500 Corinthian Title Company
Vuong Lan Hoa -- Corinthian Title Company
Vuong Lan Hoa -- --
Vuong Dat $63,000 First American Title Co
Bank United Of Texas Fsb $68,764 Gateway Title Company
Estrada Anastacio -- --
-- $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Macgregor Laura Elizabeth $377,000
Previous Owner Macgregor Laura Elizabeth $414,834
Previous Owner Vuong Lan Hoa $41,210
Previous Owner Vuong Dat $56,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Sold $422,500 -1.7% $282 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $430,000 -- $287 / 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 $5,994 $500,148 $236,756 $263,392
2024 $5,994 $490,342 $232,114 $258,228
2023 $5,945 $480,728 $227,563 $253,165
2022 $5,788 $471,302 $223,101 $248,201
2021 $5,749 $462,062 $218,727 $243,335
2020 $5,680 $457,325 $216,485 $240,840
2019 $5,579 $448,359 $212,241 $236,118
2018 $5,218 $439,569 $208,080 $231,489
2017 $5,095 $430,950 $204,000 $226,950
2016 $1,101 $89,368 $56,745 $32,623
2015 $1,085 $88,026 $55,893 $32,133
2014 $1,069 $86,303 $54,799 $31,504
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 160010730

San Diego MLS

APN: 454-742-19