NOT LISTED FOR SALE

4403 Noyes St Unit 7 San Diego, CA 92109

Pacific Beach Neighborhood

Estimated Value: $967,000 - $1,280,000

2 Beds
2 Baths
800 Sq Ft
$1,383/Sq Ft Est. Value

Last Sold March 24, 2014

Last sale price $428,000 $535 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $6,215/month

99 Days on Market

Highlights

  • Property is Fully Fenced
  • Sessions Elementary School Rated A-
  • 1-Story Property

About This Home

As of March 2014

Lowest priced duplex in Pacific Beach. Only 6 blocks to Crown Point Bay and watch the Sea World Fireworks. Near shopping; bus stops; and always easy off-street parking. Fenced property and turn-key condition. These are always rented and market rents are $1200 month. 4407 unit on month to month and can be raised. 4403 has 11 months remaining but getting $1030 month. Turn-key condition. Please do not disturb tenants

Last Agent to Sell the Property

David Cutler

David S. Cutler License #01306393 Listed on: 09/07/2013

Last Buyer's Agent

Vince Provenzano

Pacific Coast Commercial License #01209930

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,353

Year Built

  • Built in 1952

Lot Details

  • 2,069 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $16,240

Listing and Financial Details

  • Tenant pays for electricity, gas/propane, hot water
  • Assessor Parcel Number 424-062-24-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,353

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Grand Ave
  • Neighborhood: Pacific Beach
  • LP / Sq Ft: 19.42
  • Stories: 1 Story
  • Sale Price List Price: 0.97
  • Total Stories: 1
  • Year Built: 1952
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Walk Score Desc: Very Walkable
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: PACIFIC BEACH

Lot Info

  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 424-062-24-00
  • Land Use Code: res
  • Estimated Lot Sq Ft: 2069
  • Map Code Column: B
  • Map Code Page: 1248
  • Map Code Row: 5

Rental Info

  • Tenant Pays: Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 16240
  • Annual Expense Actual: 4171
  • Annual Expense Projected: 6200
  • Gross Rent Multiplier Actual: 20.9
  • Gross Rent Multiplier Projected: 16.28
  • Gross Sched Income Actual: 1870
  • Gross Sched Income Projected: 2400
  • Number Of Buildings: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Tax Info

  • Assessor Parcel Number: 4403-4407Noyes92109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2014
Sold by
Mazzotta Michael S
Bought by
Sorourbakhsh Shahriar
Current Estimated Value
$1,043,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,600
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2009
Sold by
Nunez Jose Lorenzno and Nunez Jose M
Bought by
Mazzotta Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2005
Sold by
Nunez Isabel Guzman
Bought by
Nunez Jose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 14, 2005
Sold by
Shelnutt Irma L
Bought by
Nunez Jose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 15, 2001
Sold by
Shelnutt Irma L
Bought by
Shelnutt Irma L

Purchase Details

Closed on
Jun 8, 2000
Sold by
Barber Brian T and Barber Vicki R
Bought by
Shelnutt Irma L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.58%

Purchase Details

Closed on
Dec 7, 1999
Sold by
Barber Brian T & Vicki R Trs
Bought by
Barber Brian T and Barber Vicki R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.82%

Purchase Details

Closed on
May 14, 1998
Sold by
Barber Brian T and Barber Vicki R
Bought by
Barber Brian T and Barber Vicki R

Purchase Details

Closed on
Jun 21, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Barber Brian T and Barber Vicki R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.61%

Purchase Details

Closed on
Feb 24, 1995
Sold by
American Svgs Bank
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 24, 1995
Sold by
Peters Sterling
Bought by
American Svgs Bank Fa

Purchase Details

Closed on
Jul 5, 1994
Sold by
Peters Sterling
Bought by
Boston Harbor Corp

Purchase Details

Closed on
Feb 6, 1990

Purchase Details

Closed on
Jan 19, 1990

Purchase Details

Closed on
Feb 23, 1989

Purchase Details

Closed on
Aug 11, 1987

Purchase Details

Closed on
Feb 28, 1986
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
Sorourbakhsh Shahriar $428,000 Corinthian Title Company
Mazzotta Michael S $275,000 First American Title Company
Nunez Jose M -- First American Title
Nunez Jose M $440,000 First American Title
Shelnutt Irma L -- --
Shelnutt Irma L $200,000 Chicago Title Co
Barber Brian T -- Chicago Title Co
Barber Brian T -- Chicago Title Co
Barber Brian T -- --
Barber Brian T $68,000 Commonwealth Land Title Co
Federal Home Loan Mortgage Corporation -- Commonwealth Land Title Co
American Svgs Bank Fa $130,000 Chicago Title Company
Boston Harbor Corp -- --
-- $175,000 --
-- $171,300 --
-- $146,600 --
-- $123,500 --
-- $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorourbakhsh Shahriar $305,000
Previous Owner Sorourbakhsh Shahriar $299,600
Previous Owner Mazzotta Michael S $220,000
Previous Owner Nunez Jose M $352,000
Previous Owner Shelnutt Irma L $150,000
Previous Owner Barber Brian T $135,000
Previous Owner Barber Brian T $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2014 03/24/14 Sold $428,000 -8.7% $535 / Sq Ft
12/14/2013 12/14/13 Pending -- -- --
09/06/2013 09/06/13 For Sale $469,000 -- $586 / 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
2025 $6,353 $524,657 $465,821 $58,836
2024 $6,353 $514,371 $456,688 $57,683
2023 $6,212 $504,286 $447,734 $56,552
2022 $6,047 $494,399 $438,955 $55,444
2021 $6,006 $484,706 $430,349 $54,357
2020 $5,933 $479,737 $425,937 $53,800
2019 $5,828 $470,332 $417,586 $52,746
2018 $5,449 $461,111 $409,399 $51,712
2017 $5,320 $452,071 $401,372 $50,699
2016 $5,234 $443,207 $393,502 $49,705
2015 $5,157 $436,551 $387,592 $48,959
2014 $3,445 $289,568 $236,921 $52,647
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    David Cutler

    David S. Cutler

    Section Image
  • Vince Provenzano

    Buyer's Agent in 2014

    Vince Provenzano

    Pacific Coast Commercial

    (619) 469-3600

    11 Total Sales

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Map

Source: San Diego MLS

MLS Number: 130048137

San Diego MLS

APN: 424-062-24

California San Diego County San Diego 92109 Pacific Beach

4403 Noyes St Unit 7, San Diego, CA

This home is located at 4403 Noyes St Unit 7, San Diego, CA 92109 since 07 September 2013 and is currently estimated at $1,106,321, approximately $1,382 per square foot. This property was built in 1952. 4403 Noyes St Unit 7 is a home located in San Diego County with nearby schools including Sessions Elementary School, Pacific Beach Middle, and Mission Bay High School.

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