NOT LISTED FOR SALE

Estimated Value: $1,315,249 - $1,549,000

6 Beds
3 Baths
2,372 Sq Ft
$603/Sq Ft Est. Value

Last Sold December 31, 2012

Last sale price $510,000 $215 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $8,626/month

26 Days on Market

About This Home

As of December 2012

Nicely laid out triplex in the heart of North Park. Front unit is a 3/1, back two units are upstairs/downstairs (stacked) Clean 1 bedroom 1 bath on top of a 2br/1ba. Plenty of off street parking spaces! Tenants do not know property is for sale. Show with accepted offer only. Walk to laundry mat for back units.

Last Agent to Sell the Property

Joseph Caltabellotta

RE/MAX City Real Estate License #01123099 Listed on: 10/20/2012

Last Buyer's Agent

Albert Le

2020 Realty & Mortgage License #00959938

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,635

Year Built

  • 1926

Lot Details

  • 4,443

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Partially Fenced Property

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 447-241-25-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Net Operating Income $25,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,635

Year Built

1926

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: El Cajon Bl
  • Neighborhood: North Park
  • Stories: 2 Story
  • Sale Price List Price: 1.02
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1926

Exterior Features

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

Utilities

  • Sewer/Septic: Sewer Connected

Condo/Co-op/Association

  • Community: NORTH PARK

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Water District: CITY OF SAN DIEGO
  • Zoning: 3
  • Assessor Parcel Number: 447-241-25-00
  • Land Use Code: 3

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 25660
  • Annual Expense Actual: 8300
  • Annual Expense Projected: 9000
  • Gross Rent Multiplier Actual: 14.7
  • Gross Rent Multiplier Projected: 12.25
  • Gross Sched Income Actual: 33960
  • Gross Sched Income Projected: 40800
  • Number Of Buildings: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2012
Closed on
Dec 17, 2012
Sold by
Phommavongsay Sherly
Bought by
Mai Vang K
Seller's Agent
Joseph Caltabellotta
RE/MAX City Real Estate
Buyer's Agent
Albert Le
2020 Realty & Mortgage
List Price
$499,900
Sold Price
$510,000
Premium/Discount to List
$10,100
2.02%
Total Days on Market
26
Current Estimated Value
$1,430,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$920,062
Avg. Annual Appreciation
8.63%
Original Mortgage
$380,000
Outstanding Balance
$267,645
Interest Rate
3.27%
Mortgage Type
Commercial
Estimated Equity
$1,162,417

Purchase Details

Listed on
Oct 20, 2012
Closed on
Nov 14, 2012
Sold by
Phommavongsay Khamsavang
Bought by
Phommavongsay Sherly
Seller's Agent
Joseph Caltabellotta
RE/MAX City Real Estate
Buyer's Agent
Albert Le
2020 Realty & Mortgage
List Price
$499,900
Sold Price
$510,000
Premium/Discount to List
$10,100
2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$267,645
Interest Rate
3.27%
Mortgage Type
Commercial
Estimated Equity
$1,162,417

Purchase Details

Closed on
Jul 18, 2002
Sold by
Mccauley William J and Mccauley Rosemarie
Bought by
Phommavongsay Khamsavang and Phommavongsay Sherly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,900
Interest Rate
5.5%
Mortgage Type
Commercial
Source: Public Records

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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
Mai Vang K $510,000 Title365
Phommavongsay Sherly -- Title 365
Phommavongsay Khamsavang $351,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mai Vang K $380,000
Previous Owner Phommavongsay Khamsavang $400,000
Previous Owner Phommavongsay Khamsavang $306,900
Previous Owner Mccauley William J $180,000
Previous Owner Mccauley William J $99,600
Previous Owner Mccauly William J $99,600
Previous Owner Mccauley William J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2012 12/31/12 Sold $510,000 +2.0% $215 / Sq Ft
11/14/2012 11/14/12 Pending -- -- --
10/19/2012 10/19/12 For Sale $499,900 -- $211 / 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
2024 $7,635 $615,705 $241,453 $374,252
2023 $7,465 $603,633 $236,719 $366,914
2022 $7,267 $591,798 $232,078 $359,720
2021 $7,218 $580,195 $227,528 $352,667
2020 $7,131 $574,246 $225,195 $349,051
2019 $7,005 $562,987 $220,780 $342,207
2018 $6,551 $551,949 $216,451 $335,498
2017 $82 $541,127 $212,207 $328,920
2016 $6,293 $530,518 $208,047 $322,471
2015 $6,200 $522,550 $204,922 $317,628
2014 $6,103 $512,315 $200,908 $311,407
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 120052920

San Diego MLS

APN: 447-241-25