NOT LISTED FOR SALE

438 Filbert St El Cajon, CA 92020

Estimated Value: $1,037,000 - $1,256,000

5 Beds
3 Baths
2,259 Sq Ft
$512/Sq Ft Est. Value

Last Sold May 20, 2024

Last sale price $1,200,000 $531 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $7,287/month

30 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • No Heating
  • 2 Car Attached Garage
  • Laundry Room
  • 1-Story Property

About This Home

As of May 2024

Welcome to 438 Filbert St, El Cajon, CA 92020. This 2 unit property features a 0.6 acre lot. With 2 units, the main property has 4 bedrooms and 2 bathrooms. The ADU is 625 SqFt and was built in 1992, has 1 bedroom and 1 bath. Each unit is designed for comfortable living and is ready for its new owners. This rare property has double street access, it is a long lot and is accessible from both Filbert and Taft St. There may be various routes to achieve your developmental goals at this site, whether that may be additional units or a split lot. There is potential for rental income from the 2 units, while working through the permit process! This property presents a unique opportunity for both homeowners and investors as there is so much potential on this 0.6 acre lot!

Last Agent to Sell the Property

Cideer Saco

Century 21 Affiliated Brokerage Email: csaco@century21award.com License #02055850 Listed on: 03/19/2024

Century 21 Affiliated

Last Buyer's Agent

Fadie Masri

Fadie Masri, Broker License #01941213

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.6 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned RS-6

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,259 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 1173
  • Assessor Parcel Number 4882431600

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: RS-6
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4882431600
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2259.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 531.21
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Individual Room
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 26317.00
  • Lot Size Acres: 0.6042

Multi Family

  • Lease Considered: No
  • Lot Size Area: 26317.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: 001173

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
Jul 2, 2024
Sold by
Bahnam Diana
Bought by
Bahnam Rami
Seller's Agent
Cideer Saco
Century 21 Affiliated
Buyer's Agent
Cideer Saco
Century 21 Affiliated
List Price
$1,200,000
Sold Price
$1,200,000
Views
29
Current Estimated Value
$1,155,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,435
Avg. Annual Appreciation
-2.29%
Original Mortgage
$180,000
Interest Rate
6.82%

Purchase Details

Listed on
Mar 19, 2024
Closed on
May 17, 2024
Sold by
Bahnam Jinan V
Bought by
Bahnam Sabah
Seller's Agent
Cideer Saco
Century 21 Affiliated
Buyer's Agent
Cideer Saco
Century 21 Affiliated
List Price
$1,200,000
Sold Price
$1,200,000
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.82%

Purchase Details

Listed on
Mar 19, 2024
Closed on
Apr 21, 2024
Sold by
Nasr Faten F Saad
Bought by
Bahnam Wisam and Bahnam Rami
Seller's Agent
Cideer Saco
Century 21 Affiliated
Buyer's Agent
Cideer Saco
Century 21 Affiliated
List Price
$1,200,000
Sold Price
$1,200,000
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.82%

Purchase Details

Listed on
Feb 24, 2022
Closed on
Mar 16, 2022
Sold by
Murillo Family Trust
Bought by
Nasr Faten F Saad
Seller's Agent
Daniel Aguilar
New Reality Real Estate, Inc.
Buyer's Agent
Marty Banks
Coldwell Banker West
List Price
$998,000
Sold Price
$1,050,000
Premium/Discount to List
$52,000
5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$735,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2012
Sold by
Murillo Thomas
Bought by
Murillo Joel R and Murillo Jack L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 6, 2003
Sold by
Murillo Raymond J and Murillo Virginia C
Bought by
Murillo Raymond J and Murillo Virginia C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bahnam Rami -- None Listed On Document
Bahnam Wisam -- None Listed On Document
Bahnam Sabah -- Lawyers Title
Bahnam Wisam $1,200,000 Lawyers Title
Nasr Faten F Saad $1,050,000 Lawyers Title
Murillo Joel R -- Lawyers Title Sd
Murillo Thomas -- Lawyers Title
Murillo Raymond J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bahnam Wisam $180,000
Previous Owner Bahnam Wisam $900,000
Previous Owner Nasr Faten F Saad $735,000
Previous Owner Murillo Thomas $129,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2024 05/20/24 Sold $1,200,000 0.0% $531 / Sq Ft
04/18/2024 04/18/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $1,200,000 +14.3% $531 / Sq Ft
04/12/2022 04/12/22 Sold $1,050,000 +5.2% $465 / Sq Ft View Prior Sale
03/12/2022 03/12/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $998,000 0.0% $442 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $998,000 -- $442 / 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 $15,015 $1,214,001 $910,501 $303,500
2024 $15,015 $1,092,420 $624,240 $468,180
2023 $14,097 $1,071,000 $612,000 $459,000
2022 $2,459 $154,817 $45,803 $109,014
2021 $2,304 $151,782 $44,905 $106,877
2020 $2,184 $150,227 $44,445 $105,782
2019 $1,757 $147,282 $43,574 $103,708
2018 $1,727 $144,395 $42,720 $101,675
2017 $1,703 $141,565 $41,883 $99,682
2016 $1,634 $138,790 $41,062 $97,728
2015 $1,624 $136,707 $40,446 $96,261
2014 $1,592 $134,030 $39,654 $94,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2401530

California Regional Multiple Listing Service (CRMLS)

APN: 488-243-16