4319 48th St San Diego, CA 92115
Colina Del Sol NeighborhoodEstimated Value: $623,000 - $888,978
3
Beds
3
Baths
1,242
Sq Ft
$620/Sq Ft
Est. Value
Highlights
- Property is near public transit
- No HOA
- Fenced
- Private Yard
- Laundry Room
- Paved or Partially Paved Lot
About This Home
As of October 2023Perfect investment opportunity bordering Talmadge, Just south of El Cajon Blvd.Tons of upside on this one, make this rent ready while building equity. Front House is a large 1br 1 ba craftsman style home with architectural Integrity; original fireplace, hardwood floors, and tons charm. Back house is 2 br 2 ba, w/ separate entrance and off street parking spaces. Duplex has separate gas and electric meters . Fixer, investor buyer needed, front unit to remain in place and back unit to be delivered vacant.
Last Agent to Sell the Property
Jennifer Romero
HomeSmart Realty West License #01322850 Listed on: 02/07/2023
Co-Listed By
Michael Kelley
HomeSmart Realty West License #01253379
Last Buyer's Agent
Jennifer Romero
HomeSmart Realty West License #01322850 Listed on: 02/07/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,672
Year Built
- Built in 1932
Lot Details
- 3,476 Sq Ft Lot
- 1 Common Wall
- Fenced
- Fence is in average condition
- Paved or Partially Paved Lot
- Private Yard
Home Design
- Property Attached
- Cosmetic Repairs Needed
Interior Spaces
- 1,242 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
Additional Features
- Property is near public transit
- No Heating
Listing and Financial Details
- Tax Lot 4712721200
- Tax Tract Number 1368
- Assessor Parcel Number 4712721200
- $55 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $500
- Trash Expense $50
- New Taxes Expense $8,120
- Operating Expense $27,000
- Gross Income $33,000
- Net Operating Income $27,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 14, 2024
Sold by
Hernandez Jose Alfredo
Bought by
Hernandez Family Living Trust and Hernandez
Total Days on Market
176
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$689,500
Outstanding Balance
$686,239
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$38,990
Purchase Details
Listed on
Feb 7, 2023
Closed on
Oct 12, 2023
Sold by
Hernandez Janette S
Bought by
Hernandez Jose Alfredo
Seller's Agent
Jennifer Romero
HomeSmart Realty West
Buyer's Agent
Jennifer Romero
HomeSmart Realty West
List Price
$650,000
Sold Price
$620,000
Premium/Discount to List
-$30,000
-4.62%
Views
741
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%
Original Mortgage
$677,000
Interest Rate
7.12%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Feb 7, 2023
Closed on
Sep 26, 2023
Sold by
Frye Michael A
Bought by
Hernandez Jose Alfredo
Seller's Agent
Jennifer Romero
HomeSmart Realty West
Buyer's Agent
Jennifer Romero
HomeSmart Realty West
List Price
$650,000
Sold Price
$620,000
Premium/Discount to List
-$30,000
-4.62%
Views
741
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$677,000
Interest Rate
7.12%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Oct 8, 2003
Sold by
Frye Michael A and Frye Ramona
Bought by
Frye Michael A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,800
Interest Rate
7.65%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 29, 2003
Sold by
Lorr Scott R
Bought by
Frye Michael A and Frye Ramona
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,800
Interest Rate
7.65%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 11, 1991
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hernandez Family Living Trust | -- | First American Title | |
| Hernandez Family Living Trust | -- | First American Title | |
| Hernandez Jose Alfredo | -- | -- | |
| Hernandez Jose Alfredo | $620,000 | Wfg National Title | |
| Frye Michael A | -- | National Title | |
| Frye Michael A | $292,000 | National Title | |
| -- | $88,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hernandez Family Living Trust | $689,500 | |
| Closed | Hernandez Family Living Trust | $689,500 | |
| Previous Owner | Hernandez Jose Alfredo | $677,000 | |
| Previous Owner | Frye Michael A | $387,000 | |
| Previous Owner | Frye Michael A | $360,000 | |
| Previous Owner | Frye Michael A | $38,500 | |
| Previous Owner | Frye Michael A | $262,800 | |
| Previous Owner | Lorr Scott R | $172,000 | |
| Previous Owner | Lorr Scott Robert | $112,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/19/2023 10/19/23 | Sold | $620,000 | +0.8% | $499 / Sq Ft |
| 08/02/2023 08/02/23 | Pending | -- | -- | -- |
| 05/19/2023 05/19/23 | Price Changed | $615,000 | -5.4% | $495 / Sq Ft |
| 02/07/2023 02/07/23 | For Sale | $650,000 | -- | $523 / 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 |
|---|---|---|---|---|
| 2024 | $7,672 | $620,000 | $303,489 | $316,511 |
| 2023 | $5,528 | $446,673 | $218,646 | $228,027 |
| 2022 | $5,382 | $437,915 | $214,359 | $223,556 |
| 2021 | $5,346 | $429,329 | $210,156 | $219,173 |
| 2020 | $5,281 | $424,928 | $208,002 | $216,926 |
| 2019 | $5,188 | $416,597 | $203,924 | $212,673 |
| 2018 | $4,518 | $380,000 | $205,000 | $175,000 |
| 2017 | $4,148 | $350,000 | $189,000 | $161,000 |
| 2016 | $3,575 | $300,000 | $162,000 | $138,000 |
| 2015 | $3,223 | $270,000 | $146,000 | $124,000 |
| 2014 | $2,999 | $250,000 | $136,000 | $114,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Jennifer Romero
HomeSmart Realty West
(619) 807-3178
-
M
Seller Co-Listing Agent in 2023
Michael Kelley
HomeSmart Realty West
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PTP2300608
APN: 471-272-12
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