NOT LISTED FOR SALE

Estimated Value: $759,000 - $950,000

5 Beds
3 Baths
1,734 Sq Ft
$483/Sq Ft Est. Value

Last Sold June 30, 2017

Last sale price $499,000 $288 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,029/month

33 Days on Market

About This Home

As of June 2017

WOW! 2 centrally located units in an up-&-coming neighborhood for under $500K! 3 bed/1.5 bath & 2 bed/1 bath with optional 3rd bedroom. NEW ROOF, new heaters, dual paned windows, washer/dryer hook-ups in both units. 433 renovated in 2016. 431 renovated a few years ago. Fully fenced lot with ample gated parking and spacious back yard. Utilities are split & paid by tenants. Hot opportunity for an investor or owner occupant! Close to Downtown, South Park, Golden Hill, shopping, bus & trolley routes. Neighborhoods: Mount Hope Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 431 Unit # for Unit 2: 433 Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Liz Biala

Coldwell Banker West License #01404922 Listed on: 04/20/2017

Coldwell Banker West

Last Buyer's Agent

Charmaine Hogan

Big Block Realty, Inc. License #01045536

Big Block Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,008

Year Built

  • Built in 1980

Lot Details

  • 6,174

Home Design

  • Rolled or Hot Mop Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • 1-Story Property
  • 6,174 Sq Ft Lot
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Net Operating Income $25,900

Listing and Financial Details

  • Tenant pays for sewer, water, cable TV, electricity, gas
  • Assessor Parcel Number 5460923800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,008

Year Built

Built in 1980

Lot Details

0

Listing Details

  • CapRate: 6.70
  • Subdivision Name Other: San Diego
  • Zoning: R-2:MINOR
  • Property Type: Residential Income
  • Parcel Number: 5460923800
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Levels: One

Exterior Features

  • Pool Private: No
  • Roof: Rolled/Hot Mop

Utilities

  • Heating: Yes
  • Heating Type: Natural Gas

Lot Info

  • Lot Size Sq Ft: 6174.00
  • Lot Size Acres: 0.1400

Rental Info

  • Tenant Pays: Sewer, Water, Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 33600.00
  • Lot Size Area: 6174.0000 Square Feet
  • Net Operating Income: 25900.00
  • Number Of Units Total: 2
  • Number With Range: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2017
Closed on
Jul 5, 2017
Sold by
Gutierrez Jose De Jesus
Bought by
Gutierrez Jose De Jesus and Gutierrez Rosa
Seller's Agent
Liz Biala
Coldwell Banker West
Buyer's Agent
Charmaine Hogan
Big Block Realty, Inc.
List Price
$499,000
Sold Price
$499,000
Total Days on Market
33
Current Estimated Value
$837,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,664
Avg. Annual Appreciation
6.37%
Original Mortgage
$399,200
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2017
Closed on
Jun 1, 2017
Sold by
Franco Ermer Norma Krystal and Franco Norma Krystal
Bought by
Gutierrez Jose De Jesus
Seller's Agent
Liz Biala
Coldwell Banker West
Buyer's Agent
Charmaine Hogan
Big Block Realty, Inc.
List Price
$499,000
Sold Price
$499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2017
Closed on
May 24, 2017
Sold by
Gutierrez Rosa
Bought by
Gutierrez Jose De Jesus
Seller's Agent
Liz Biala
Coldwell Banker West
Buyer's Agent
Charmaine Hogan
Big Block Realty, Inc.
List Price
$499,000
Sold Price
$499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 1997
Sold by
Franco Bertha B
Bought by
Franco Norma Krystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 1992

Purchase Details

Closed on
Oct 13, 1989
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
Gutierrez Jose De Jesus -- None Available
Gutierrez Jose De Jesus $499,000 Fidelity Natl Title Co Sd
Gutierrez Jose De Jesus -- Fidelity National Title Co
Franco Ermer Norma Krystal -- Fidelity National Title Co
Franco Norma Krystal -- Stewart Title
-- $85,000 --
-- $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dejesus Gutierrez Jose $398,100
Closed Gutierrez Jose De Jesus $399,200
Previous Owner Franco Norma Krystal $424,550
Previous Owner Franco Norma Krystal $243,950
Previous Owner Franco Norma Krystal $159,000
Previous Owner Franco Norma Krystal $13,000
Previous Owner Franco Norma Krystal $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2017 06/30/17 Sold $499,000 0.0% $288 / Sq Ft
05/23/2017 05/23/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $499,000 -- $288 / 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
2024 $7,008 $567,772 $300,595 $267,177
2023 $6,853 $556,640 $294,701 $261,939
2022 $6,671 $545,726 $288,923 $256,803
2021 $6,626 $535,026 $283,258 $251,768
2020 $6,546 $529,541 $280,354 $249,187
2019 $6,429 $519,158 $274,857 $244,301
2018 $6,011 $508,979 $269,468 $239,511
2017 $1,517 $126,950 $67,211 $59,739
2016 $1,491 $124,462 $65,894 $58,568
2015 $1,470 $122,594 $64,905 $57,689
2014 $1,448 $120,193 $63,634 $56,559
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 170019735

California Regional Multiple Listing Service (CRMLS)

APN: 546-092-38