NOT LISTED FOR SALE

Estimated Value: $1,524,000 - $1,742,000

4 Beds
2 Baths
1,370 Sq Ft
$1,183/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $1,328,000 $969 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $9,983/month

5 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Laundry Room
  • Ocean Beach Elementary School Rated A
  • No HOA
  • Property is near a preserve or public land

About This Home

As of April 2022

Awesome duplex perfectly situated between Point Loma and Ocean Beach. Located on a quiet street with peaceful water views of the slough. Both units are 2 bed 1 bath. Front unit has oversized front deck, large sliding doors leading to spacious living room and kitchen area. Wood beamed ceilings in both units create a coastal vibe. Stainless steel appliances and granite countertops in both units. Rear unit has a private rear patio and a bonus elevated view deck. 2 assigned parking spaces on alley, shared laundry room off rear unit (laundry adds about $50 per month in income). Tenants pay SDGE, separately metered, and reimburse landlord for water (shared water meter) Located less than 2 miles from the beach! Great investment or live in one and rent the other!

Last Agent to Sell the Property

Drew Auker

LGS Reports Inc. License #01867075 Listed on: 01/21/2022

LGS Reports Inc.

Co-Listed By

Kelly Moore

LGS Reports Inc. License #01914625

Last Buyer's Agent

Jayson Brewster

Big Block Realty, Inc. License #01908485

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,003

Year Built

  • Built in 2000

Lot Details

  • 3,126 Sq Ft Lot
  • 1 Common Wall
  • Partially Fenced Property
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Flat Roof Shape
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,370 Sq Ft Home
  • 1-Story Property
  • Water Views
  • Laundry Room

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Assigned Parking

Location

  • Urban Location

Utilities

  • Central Air
  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Tax Lot 08001
  • Tax Tract Number 1082
  • Assessor Parcel Number 4498651800

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Property is near a preserve or public land

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,598
  • New Taxes Expense $15,562
  • Operating Expense $17,160
  • Gross Income $79,800
  • Net Operating Income $69,347

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,003

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 5.50
  • Price Per Unit: 622500
  • Property Attached: Yes
  • View: Yes
  • Zoning: RM-3-7
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4498651800
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Price Per Square Foot: 969.34

Exterior Features

  • Foundation: Concrete Perimeter
  • View: Water
  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Uncovered
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooking, Microwave, Refrigerator, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Preserve/Public Land, Sidewalks, Urban

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3126.00
  • Lot Size Acres: 0.0718

Multi Family

  • Gross Income: 79800.00
  • Gross Scheduled Income: 79800.00
  • Insurance Expense: 1598.00
  • Lot Size Area: 3126.0000 Square Feet
  • Net Operating Income: 69347.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 10453.00
  • Rent Control: No
  • Total Expenses: 17160.00

Tax Info

  • New Taxes Expense: 15562.00
  • Tax Lot: 08001
  • Tax Tract Number: 001082

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Feb 3, 2022
Sold by
Jay Jackson Christopher and Jay Nathalie
Bought by
Blue Whale Properties Llc
Seller's Agent
Drew Auker
LGS Reports Inc.
Buyer's Agent
Jayson Brewster
Big Block Realty, Inc.
List Price
$1,245,000
Sold Price
$1,328,000
Premium/Discount to List
$83,000
6.67%
Current Estimated Value
$1,620,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,537
Avg. Annual Appreciation
5.77%
Original Mortgage
$930,221
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2013
Sold by
1602 Investments Inc
Bought by
Jackson Christoper Jay and Bustamante Nathalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$586,080
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 2013
Sold by
Hedrick Warner
Bought by
1602 Investments Inc and White Joshua B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,250
Interest Rate
4.51%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 30, 2005
Sold by
Bongard Thomas W and Bongard Rita A
Bought by
Hedrick Warner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
6.16%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 6, 1999
Sold by
Bongard Thomas W and Bongard Rita A
Bought by
Bongard Thomas W and Bongard Rita A

Purchase Details

Closed on
Sep 30, 1997
Sold by
Bongard Thomas E
Bought by
Bongard Thomas W and Bongard Rita A

Purchase Details

Closed on
Oct 30, 1995
Sold by
Bongard Gale A
Bought by
Bongard Thomas E and Bongard Thomas W

Purchase Details

Closed on
Sep 19, 1989
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Blue Whale Properties Llc $1,329,000 First American Title
Jackson Christoper Jay $640,000 First American Title San Die
1602 Investments Inc $475,000 First American Title San Die
White Joshua B -- First American Title San Die
Hedrick Warner $510,000 First American Title
Bongard Thomas W -- --
Bongard Thomas W -- --
Bongard Thomas E -- --
-- $194,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blue Whale Properties Llc $930,221
Previous Owner Jackson Christoper Jay $586,080
Previous Owner 1602 Investments Inc $106,250
Previous Owner White Joshua B $106,250
Previous Owner 1602 Investments Inc $250,000
Previous Owner Hedrick Warner $357,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2022 04/01/22 Sold $1,328,000 +6.7% $969 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $1,245,000 -- $909 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $17,003 $1,409,283 $1,209,777 $199,506
2024 $17,003 $1,381,651 $1,186,056 $195,595
2023 $16,629 $1,354,560 $1,162,800 $191,760
2022 $9,026 $739,294 $577,577 $161,717
2021 $8,964 $724,799 $566,252 $158,547
2020 $8,856 $717,368 $560,446 $156,922
2019 $8,698 $703,303 $549,457 $153,846
2018 $8,132 $689,514 $538,684 $150,830
2017 $7,939 $675,995 $528,122 $147,873
2016 $7,813 $662,741 $517,767 $144,974
2015 $7,697 $652,787 $509,990 $142,797
2014 $7,576 $640,000 $500,000 $140,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2200486

California Regional Multiple Listing Service (CRMLS)

APN: 449-865-18