NOT LISTED FOR SALE

Estimated Value: $796,000 - $1,056,000

8 Beds
5 Baths
2,922 Sq Ft
$302/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $1,160,000 $397 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $5,738/month

59 Days on Market

Highlights

  • RV Access or Parking
  • Gated Community
  • Attic Fan
  • Gated Parking
  • Zoned Heating
  • Property is Fully Fenced

About This Home

As of October 2021

Spacious two units duplex with Red Clay Tile roof located in the heart of El Cajon Blvd. Each Unit has 4 bedrooms, suitable for a large family to live in. One of the units is two stories with attached garage, living room and upstairs loft area on the second floor. 3 bedrooms upstairs with 2 bathrooms, and one bedroom with a full size bathroom downstairs. Recently upgraded both units, with granite kitchen countertops, laminate flooring throughout, no carpet. Gated complex, one unit with two car garage parking spaces, and large spot in the front yard.

Last Agent to Sell the Property

Baoxiang Chen

Golden Asset Realty License #01876919 Listed on: 07/29/2021

Last Buyer's Agent

Kenny Patrick

Coldwell Banker West License #02001728

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,574

Year Built

  • Built in 2007

Lot Details

  • 6,023 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Attic Fan

Parking

  • Gated Parking
  • RV Access or Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for water, cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 471-312-25-00

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • San Diego Community

Additional Features

  • Net Operating Income $26,200
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,574

Year Built

Built in 2007

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: San Diego
  • LP / Sq Ft: 17.91
  • Stories: 2 Story
  • Sale Price List Price: 0.97
  • Total Stories: 2
  • Year Built: 2007
  • 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: Stucco
  • Fencing: Full
  • Roof: Tile/Clay

Garage/Parking

  • Parking for RV: Gated, On-Site Parking

Utilities

  • Cooling: Attic Fan, Central Forced Air, Wall/Window
  • Security: Gated Community
  • Sewer/Septic: Sewer Available
  • Water: Available, Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Zoned Areas

Condo/Co-op/Association

  • Complex Name: san diego
  • Community: CITY HEIGHTS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R4
  • Assessor Parcel Number: 471-312-25-00
  • Estimated Lot Sq Ft: 6023

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 26200
  • Annual Expense Actual: 7400
  • Annual Expense Projected: 7400
  • Gross Rent Multiplier Actual: 2.8
  • Gross Rent Multiplier Projected: 6.2
  • Gross Sched Income Actual: 33600
  • Gross Sched Income Projected: 74400
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Sep 30, 2021
Sold by
Lou Le Wei and Chang Fan Chung
Bought by
Ngo Hen and Giang Diana
Seller's Agent
Baoxiang Chen
Golden Asset Realty
Buyer's Agent
Kenny Patrick
Coldwell Banker West
List Price
$1,200,000
Sold Price
$1,160,000
Premium/Discount to List
-$40,000
-3.33%
Current Estimated Value
$947,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$212,125
Avg. Annual Appreciation
-5.29%

Purchase Details

Listed on
May 10, 2013
Closed on
Jun 7, 2013
Sold by
Secure Solutions Llc
Bought by
Lou Le Wei and Chang Fan Chung
Seller's Agent
Jenny Pham
JP Real Estate & Mortgage Inc.
Buyer's Agent
Non-Member Default
Default Non-Member Office
List Price
$679,000
Sold Price
$650,000
Premium/Discount to List
-$29,000
-4.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$455,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2013
Sold by
Le Tham
Bought by
Bui Long

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
3.54%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 8, 2012
Sold by
Bui Alice and Bui Long
Bought by
Secure Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2004
Sold by
Evans Ruth Milne and Evans Ruth M
Bought by
Bui Alice and Bui Long

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,800
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
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
Ngo Hen $1,160,000 Fidelity Natl Ttl San Diego
Lou Le Wei $650,000 Lawyers Title
Bui Long -- Fidelity National Title Co
Secure Solutions Llc $305,000 Fidelity National Title Co
Bui Alice $371,000 Lawyers Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lou Le Wei $457,000
Previous Owner Lou Le Wei $455,000
Previous Owner Secure Solutions Llc $77,000
Previous Owner Bui Long $77,000
Previous Owner Secure Solutions Llc $228,750
Previous Owner Bui Long T $140,000
Previous Owner Bui Alice $372,000
Previous Owner Bui Alice $296,800
Previous Owner Evans Ruth Milne $50,000
Closed Bui Alice $37,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $1,160,000 -3.3% $397 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $1,200,000 +84.6% $411 / Sq Ft
08/05/2013 08/05/13 Sold $650,000 -4.3% --
06/03/2013 06/03/13 Pending -- -- --
05/09/2013 05/09/13 For Sale $679,000 -- --
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 $6,574 $541,215 $371,422 $169,793
2024 $6,574 $530,604 $364,140 $166,464
2023 $6,429 $520,200 $357,000 $163,200
2022 $6,258 $510,000 $350,000 $160,000
2021 $4,241 $339,748 $192,524 $147,224
2020 $4,190 $336,265 $190,550 $145,715
2019 $4,116 $329,672 $186,814 $142,858
2018 $3,851 $323,208 $183,151 $140,057
2017 $3,760 $316,871 $179,560 $137,311
2016 $3,700 $310,659 $176,040 $134,619
2015 $3,645 $305,993 $173,396 $132,597
2014 $3,588 $300,000 $170,000 $130,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210021350

San Diego MLS

APN: 471-312-25