NOT LISTED FOR SALE

Estimated Value: $994,352 - $1,185,000

2 Beds
2 Baths
898 Sq Ft
$1,181/Sq Ft Est. Value

Last Sold May 28, 2019

Last sale price $510,000 $568 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $6,136/month

46 Days on Market

Highlights

  • Partially Fenced Property
  • Heating Available
  • 1-Story Property
  • Ocean Beach Elementary School Rated A

About This Home

As of May 2019

Zoned for 3 units! Great development potential! Also a great option of end-users who want to fix up a home in a great area with a large back yard and develop down the road. Neighborhoods: Ocean Beach/Temecula Heights Other Fees: 0 Sewer: Septic Installed Unit # for Unit 1: 4322 Unit # for Unit 2: 4324 Number of Furnished Units: 0

Last Agent to Sell the Property

Irene McCann

Coldwell Banker Realty License #01463496 Listed on: 03/11/2019

Coldwell Banker Realty

Co-Listed By

Melanie Aalbers

Real Broker License #01810857

Last Buyer's Agent

Irene McCann

Coldwell Banker Realty License #01463496 Listed on: 03/11/2019

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,885

Year Built

  • Built in 1954

Lot Details

  • 3,127 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating Available
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $14,400

Listing and Financial Details

  • Tenant pays for water, cable TV, electricity, gas
  • Assessor Parcel Number 4498671600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,885

Year Built

Built in 1954

Lot Details

0

Listing Details

  • CapRate: 3.11
  • Subdivision Name Other: Ocean Beach
  • View: No
  • Zoning: R-4:MULTIP
  • Property Type: Residential Income
  • Parcel Number: 4498671600
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Heating: Yes
  • Appliances: Electric Water Heater, Gas Water Heater

Lot Info

  • Lot Size Sq Ft: 3127.00
  • Lot Size Acres: 0.0700

Rental Info

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

Multi Family

  • Gross Scheduled Income: 20400.00
  • Lot Size Area: 3127.0000 Square Feet
  • Net Operating Income: 14400.00
  • Number Of Units Total: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2019
Closed on
May 1, 2019
Sold by
The Prine Family Trust
Bought by
The Henderson Trust
Seller's Agent
Irene McCann
Coldwell Banker Realty
Buyer's Agent
Irene McCann
Coldwell Banker Realty
List Price
$649,000
Sold Price
$510,000
Premium/Discount to List
-$139,000
-21.42%
Current Estimated Value
$1,060,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$550,588
Avg. Annual Appreciation
12.10%

Purchase Details

Closed on
Jan 14, 2000
Sold by
Prine Marilyn L and Prine Marion R
Bought by
Prine Marion R and Prine Marilyn L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
The Henderson Trust $510,000 Lawyers Title
Prine Marion R -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2019 05/28/19 Sold $510,000 -21.4% $568 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $649,000 -- $723 / 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 $6,885 $568,910 $501,981 $66,929
2024 $6,885 $557,756 $492,139 $65,617
2023 $6,733 $546,821 $482,490 $64,331
2022 $6,554 $536,100 $473,030 $63,070
2021 $6,510 $525,589 $463,755 $61,834
2020 $6,431 $520,200 $459,000 $61,200
2019 $1,859 $148,185 $101,506 $46,679
2018 $1,739 $145,280 $99,516 $45,764
2017 $1,698 $142,432 $97,565 $44,867
2016 $1,670 $139,640 $95,652 $43,988
2015 $1,645 $137,544 $94,216 $43,328
2014 $1,621 $134,851 $92,371 $42,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190013201

California Regional Multiple Listing Service (CRMLS)

APN: 449-867-16