NOT LISTED FOR SALE

431 Morrison St San Diego, CA 92102

Mount Hope Neighborhood

Estimated Value: $702,000 - $913,000

5 Beds
3 Baths
1,734 Sq Ft
$471/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2017

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

Est. 64% increase in value since last sale

Current estimated payment $5,141 / mo

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

First Class Realty License #01045536

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

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

Year Built

Built in 1980

Lot Details

6,174 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2017
Closed on
Jul 5, 2017
Sold by
Bought by
Seller's Agent
Liz Biala
Coldwell Banker West
Buyer's Agent
Charmaine Hogan
First Class Realty
List Price
$499,000
Sold Price
$499,000
Current Estimated Value
$816,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,812
Avg. Annual Appreciation
5.55%
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
Bought by
Seller's Agent
Liz Biala
Coldwell Banker West
Buyer's Agent
Charmaine Hogan
First Class Realty
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
Bought by
Seller's Agent
Liz Biala
Coldwell Banker West
Buyer's Agent
Charmaine Hogan
First Class Realty
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
Bought by

Purchase Details

Closed on
Nov 10, 1992

Purchase Details

Closed on
Oct 13, 1989
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Mount Hope, CA

  • David Mejia Real Estate Agent - David T. Mejia, Broker

    David Mejia

    David T. Mejia, Broker

    (858) 264-3484

    36 Total Sales

    1 in Mount Hope

    $775,000 Price

    David Mejia
     Section Image
  • Gerry Burchard Real Estate Agent - Burchard & Associates

    Gerry Burchard

    Burchard & Associates

    (858) 258-5626

    37 Total Sales

    1 in Mount Hope

    $1,150,000 Price

    Gerry Burchard
     Section Image
  • Kim Hawley Real Estate Agent - Compass

    Kim Hawley

    Compass

    (858) 264-3573

    68 Total Sales

    2 in Mount Hope

    $855K - $860K Price Range

    Kim Hawley
     Section Image
  • Carla Farley Real Estate Agent - Corban Realty Group

    Carla Farley

    Corban Realty Group

    (858) 266-9858

    15 Total Sales

    1 in Mount Hope

    $650,000 Price

    Carla Farley
     Section Image
  • Norma Martinez Real Estate Agent - Coldwell Banker West

    Norma Martinez

    Coldwell Banker West

    (619) 916-4360

    45 Total Sales

    1 in Mount Hope

    $675,000 Price

    Norma Martinez
     Section Image
  • Alan McGeever Real Estate Agent - Compass

    Alan McGeever

    Compass

    (929) 810-4922

    8 Total Sales

    1 in Mount Hope

    $580,000 Price

    Alan McGeever
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$499,000 Fidelity Natl Title Co Sd
-- Fidelity National Title Co
-- Fidelity National Title Co
-- Stewart Title
$85,000 --
$115,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $398,100
Closed $399,200
Previous Owner $424,550
Previous Owner $243,950
Previous Owner $159,000
Previous Owner $13,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,806 $590,708 $312,738 $277,970
2025 $7,008 $579,126 $306,606 $272,520
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

  • Liz Biala Real Estate Agent - Coldwell Banker West

    Seller's Agent in 2017

    Liz Biala

    Coldwell Banker West

    (619) 303-3399

    30 Total Sales

    Liz Biala
    Section Image
  • Charmaine Hogan Real Estate Agent - First Class Realty

    Buyer's Agent in 2017

    Charmaine Hogan

    First Class Realty

    (619) 850-1544

    13 Total Sales

    Charmaine Hogan
    Section Image
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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

California San Diego County San Diego 92102 Mount Hope

431 Morrison St, San Diego, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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