NOT LISTED FOR SALE

4386 Cherokee Ave Unit 88 San Diego, CA 92104

Normal Heights Neighborhood

Estimated Value: $1,695,000 - $2,330,000

7 Beds
8 Baths
3,560 Sq Ft
$527/Sq Ft Est. Value

Last Sold May 08, 2012

Last sale price $778,000 $219 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $11,473/month

57 Days on Market

Highlights

  • Mountain View
  • Property is Fully Fenced
  • Level Lot
  • Tankless Water Heater

About This Home

As of May 2012

Well-maintained three-unit property. Unit 1 is a detached single-family home with 3 bedrooms, 2 baths. This home has beautiful hardwood floors, Spanish-style architecture, updated kitchen and baths. Duplex units are recently built (2006) and each have 2 bedrooms, 2.5 bath, with: updated kitchen, including island and custom cabinetry & countertops; attached two-car garage. All units have forced central air conditioning and heating system.

Last Agent to Sell the Property

Darin Diaz

Darin M Diaz, Broker License #01764200 Listed on: 01/27/2012

Last Buyer's Agent

Darin Diaz

Darin M Diaz, Broker License #01764200 Listed on: 01/27/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,846

Year Built

  • 2008

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System

Home Design

  • Rolled or Hot Mop Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Mountain Views

Utilities

  • Separate Water Meter
  • Tankless Water Heater
  • Gas Water Heater
  • Prewired Cat-5 Cables

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Tenant pays for sewer, trash, water, cable TV, electricity, gas/propane
  • Assessor Parcel Number 447-181-27-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,846

Year Built

2008

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: Meade Ave
  • Neighborhood: North Park / Normal Heights
  • Stories: 2 Story
  • Sale Price List Price: 0.92
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2008

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Rolled/Hot Mop
  • View: Mountains/Hills

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas, Tankless
  • Telecommunications: Computer (cat5)
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Community: SAN DIEGO

Schools

  • School District URL: https://www.sandiegounified.org/

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R3
  • Assessor Parcel Number: 447-181-27-00
  • Land Use Code: R

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Gross Rent Multiplier Actual: 13.81
  • Gross Rent Multiplier Projected: 13.81
  • Gross Sched Income Actual: 61560
  • Gross Sched Income Projected: 61560
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 3
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2012
Closed on
Mar 30, 2012
Sold by
Moceri Grace
Bought by
Hayward Brad and Hayward Rachelle
Seller's Agent
Darin Diaz
Darin M Diaz, Broker
Buyer's Agent
Darin Diaz
Darin M Diaz, Broker
List Price
$850,000
Sold Price
$778,000
Premium/Discount to List
-$72,000
-8.47%
Total Days on Market
57
Current Estimated Value
$1,876,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,098,910
Avg. Annual Appreciation
6.14%
Original Mortgage
$570,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2005
Sold by
Bonner Marla
Bought by
Moceri Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2002
Sold by
Bonner Marla L and Moyer Marla L
Bought by
Bonner Marla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.65%

Purchase Details

Closed on
Apr 9, 2001
Sold by
Suggett Morris Linwood and Suggett Bettyrose
Bought by
Suggett Bettyrose

Purchase Details

Closed on
Sep 18, 2000
Sold by
Amico Louis D and Damico Helen G
Bought by
Damico Louis and Damico Helen G

Purchase Details

Closed on
Sep 15, 2000
Sold by
Freeman Oralia D and Freeman James Edward
Bought by
Freeman James Edward and Moyer Marla L

Purchase Details

Closed on
Aug 9, 1997
Sold by
Freeman James Edward
Bought by
Freeman Oralia R and Moyer Marla L
Source: Public Records

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Range of Values:

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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
Hayward Brad $778,000 Chicago Title Company
Moceri Grace $575,000 First American Title Company
Bonner Marla -- Fidelity National Title
Damico Louis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayward Brad $400,000
Closed Hayward Brad $570,000
Previous Owner Moceri Grace $115,000
Previous Owner Moceri Grace $480,000
Previous Owner Bonner Marla $60,000
Previous Owner Bonner Marla $100,000
Previous Owner Bonner Marla $25,000
Previous Owner Bonner Marla $68,000
Previous Owner Bonner Marla $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2012 05/08/12 Sold $778,000 -8.5% $219 / Sq Ft
03/23/2012 03/23/12 Pending -- -- --
01/26/2012 01/26/12 For Sale $850,000 -- $239 / Sq Ft
Source: San Diego MLS

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
2024 $11,846 $958,041 $369,423 $588,618
2023 $11,584 $939,257 $362,180 $577,077
2022 $11,278 $920,841 $355,079 $565,762
2021 $11,201 $902,786 $348,117 $554,669
2020 $11,066 $893,530 $344,548 $548,982
2019 $10,869 $876,011 $337,793 $538,218
2018 $10,164 $858,835 $331,170 $527,665
2017 $82 $841,996 $324,677 $517,319
2016 $9,767 $825,487 $318,311 $507,176
2015 $9,623 $813,088 $313,530 $499,558
2014 $9,471 $797,162 $307,389 $489,773
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 120004911

San Diego MLS

APN: 447-181-27