Seller's Agent in 2020
Shayda Hojjatpanah
Real Broker
(949) 351-4217
2 in this area
9 Total Sales
425 S Nevada St Oceanside, CA 92054
Downtown Oceanside NeighborhoodEstimated Value: $1,603,000 - $1,820,359
5
Beds
3
Baths
2,582
Sq Ft
$667/Sq Ft
Est. Value
Highlights
- Ocean Side of Freeway
- Main Floor Bedroom
- Loft
- Wood Flooring
- Attic
- Lawn
About This Home
As of October 2020Prominent Coastal investment opportunity. Great location in Oceanside on a wide tree-lined residential street. Minutes to the sand, pier, harbor and restaurants. Great upside opportunity to generate great cash flow. Two on a lot. A Beautiful Single Family in the front and another on the back. Large lot with alley access. Zoned Duplex. Front house boasts 3 Bedrooms | 2 Baths, brand new roof and a LOT of character. THE perfect family home. Back unit offers 2 Bedrooms and one Bath and updated in the past few years. Large yard in between the two homes and two separate accesses to the alley behind the property. Two large, two car garages. Separately metered for Electricity and Gas for each unit. Perfect investment, VRBO, Air B&B, or live in one and lease the other with great potential upside.
Last Agent to Sell the Property
Real Broker License #01044976 Listed on: 08/19/2020
Last Buyer's Agent
Lisa Feng
BayOne Real Estate Investment Corporation License #01475007
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,172
Year Built
- Built in 1945
Lot Details
- 5,270 Sq Ft Lot
- No Common Walls
- Sprinkler System
- Lawn
- Density is 6-10 Units/Acre
Parking
- 4 Car Garage
Home Design
- Duplex
- Raised Foundation
- Slab Foundation
- Shingle Roof
Interior Spaces
- 2,582 Sq Ft Home
- Ceiling Fan
- Wood Burning Fireplace
- Family Room with Fireplace
- Loft
- Neighborhood Views
- Tile Countertops
- Attic
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Gas And Electric Dryer Hookup
Outdoor Features
- Ocean Side of Freeway
- Exterior Lighting
- Rain Gutters
Utilities
- Cooling Available
- Wall Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Legal Lot and Block 7 / 24
- Tax Tract Number 219
- Assessor Parcel Number 1502140700
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $3,000
- Maintenance Expense $3,600
- Water Sewer Expense $3,600
- New Taxes Expense $14,600
- Operating Expense $14,600
- Gross Income $52,800
- Net Operating Income $38,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2020
Closed on
Aug 31, 2020
Sold by
Drew Steven P and Lois R Drew Trust
Bought by
Davidson Michael Roy and Wang Yiting
Seller's Agent
Shayda Hojjatpanah
Real Broker
Buyer's Agent
Lisa Feng
BayOne Real Estate Investment Corporation
List Price
$1,175,000
Sold Price
$1,110,000
Premium/Discount to List
-$65,000
-5.53%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$613,090
Avg. Annual Appreciation
8.40%
Original Mortgage
$999,500
Outstanding Balance
$902,033
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$745,979
Purchase Details
Closed on
Apr 6, 1998
Sold by
Tipton John P and Tipton Janet E
Bought by
Drew Lois R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.07%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
May 5, 1987
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Davidson Michael Roy | $1,111,000 | Chicago Title | |
| Drew Lois R | $88,000 | Lawyers Title | |
| -- | $160,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Davidson Michael Roy | $999,500 | |
| Previous Owner | Drew Lois R | $30,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/02/2020 10/02/20 | Sold | $1,110,000 | -5.5% | $430 / Sq Ft |
| 08/29/2020 08/29/20 | Pending | -- | -- | -- |
| 08/19/2020 08/19/20 | For Sale | $1,175,000 | -- | $455 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $13,172 | $1,202,580 | $974,188 | $228,392 |
| 2024 | $13,172 | $1,179,001 | $955,087 | $223,914 |
| 2023 | $12,766 | $1,155,884 | $936,360 | $219,524 |
| 2022 | $12,572 | $1,133,220 | $918,000 | $215,220 |
| 2021 | $12,699 | $1,111,000 | $900,000 | $211,000 |
| 2020 | $3,182 | $280,004 | $113,749 | $166,255 |
| 2019 | $3,091 | $274,515 | $111,519 | $162,996 |
| 2018 | $3,058 | $269,133 | $109,333 | $159,800 |
| 2017 | $3,003 | $263,857 | $107,190 | $156,667 |
| 2016 | $2,906 | $258,685 | $105,089 | $153,596 |
| 2015 | $2,822 | $254,800 | $103,511 | $151,289 |
| 2014 | $2,715 | $249,810 | $101,484 | $148,326 |
Source: Public Records
Agents Affiliated with this Home
-
Shayda Hojjatpanah
-
L
Buyer's Agent in 2020
Lisa Feng
BayOne Real Estate Investment Corporation
-
J
Buyer's Agent in 2020
Jim Hush
Coldwell Banker West
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC20161764
APN: 150-214-07
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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