NOT LISTED FOR SALE

Estimated Value: $1,385,000 - $1,632,000

2 Beds
1 Bath
806 Sq Ft
$1,819/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $1,115,000 $1,383 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $8,961/month

5 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Level Lot
  • Silver Gate Elementary School Rated A
  • Laundry Room
  • Northeast Facing Home

About This Home

As of October 2021

DEVELOPMENT / OPPORTUNITY, the original structure is uninhabitable. 90 % of the home is original construction from 1949 and is in very poor condition. The value of existing structure is the entitlements for construction of a Custom home on a flat 7000 sq. ft. lot with paved alley which leaves many options for building a custom home and perhaps an ADU with garages entrance from the paved alley. The existing structure has extensive dry rot and termite infestation that will cost more to repair than to demolish and build a new home to warrant the demand and values of homes found in the Point Loma Heights subdivision. Drive the neighborhood and you will find many examples of the values that this neighborhood in Point Loma will support.

Last Agent to Sell the Property

Carlos Aguilar

Axia Real Estate Group, Inc License #00577789 Listed on: 09/24/2021

Co-Listed By

Alex Aguilar

Axia Real Estate Group, Inc License #01340646

Last Buyer's Agent

Michael Panissidi

Coldwell Banker West License #01969339

Coldwell Banker West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,281

Year Built

  • Built in 1949

Lot Details

  • 7,000 Sq Ft Lot
  • Property fronts an alley
  • Northeast Facing Home
  • Level Lot
  • Property is zoned R-1:SINGLE FAM-RES

Parking

  • 1 Car Attached Garage

Home Design

  • 806 Sq Ft Home
  • Major Repairs Completed

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 1106
  • Assessor Parcel Number 4490121000

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,281

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street, Alley
  • Road Surface Type: Alley Paved, Paved
  • Subdivision Name Other: Point Loma Heights
  • View: No
  • Zoning: R-1:SINGLE FAM-RES
  • Property Condition: Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4490121000
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 806.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 1383.37

Exterior Features

  • Direction Faces: Northeast
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: No
  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Schools

  • School District: San Diego Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Level
  • Lot Size: Approximately 50ft X 140ft, 7000 sq.ft Paved Alley provides additional development/design options
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1607

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7000.0000 Square Feet

Tax Info

  • Tax Tract Number: 001106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Oct 7, 2021
Sold by
Starwalt Carolyn and Estate Of Robert Gale Starwalt
Bought by
Leatherman Matthew Ryan and Leatherman Michelle Ballantyne
Seller's Agent
Carlos Aguilar
Axia Real Estate Group, Inc
Buyer's Agent
Michael Panissidi
Coldwell Banker West
List Price
$900,000
Sold Price
$1,115,000
Premium/Discount to List
$215,000
23.89%
Current Estimated Value
$1,465,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,804
Avg. Annual Appreciation
7.13%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Leatherman Matthew Ryan $1,115,000 Corinthian Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $1,115,000 +23.9% $1,383 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $900,000 -- $1,117 / 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 $14,281 $1,183,246 $1,114,268 $68,978
2024 $14,281 $1,160,046 $1,092,420 $67,626
2023 $13,967 $1,137,300 $1,071,000 $66,300
2022 $2,638 $221,201 $166,920 $54,281
2021 $2,619 $216,865 $163,648 $53,217
2020 $2,586 $214,642 $161,970 $52,672
2019 $2,539 $210,435 $158,795 $51,640
2018 $2,374 $206,310 $155,682 $50,628
2017 $80 $202,266 $152,630 $49,636
2016 $2,276 $198,301 $149,638 $48,663
2015 $2,242 $195,324 $147,391 $47,933
2014 $2,206 $191,499 $144,504 $46,995
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2106749

California Regional Multiple Listing Service (CRMLS)

APN: 449-012-10