NOT LISTED FOR SALE

Estimated Value: $874,000 - $1,118,000

4 Beds
2 Baths
1,392 Sq Ft
$716/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $298,750 $215 Per Sq Ft

Est. 233% increase in value since last sale

Current estimated payment $6,187/month

75 Days on Market

About This Home

As of May 2016

BACK ON MARKET. CORNER LOT, ALL WOOD EXTERIOR, UPDATED KITCHEN CABINETS AND COUNTER-TOPS, WASHER HOOKUPS IN KITCHEN. SOME FLAWED FLOOR TILES, ROOF LEAKS, SHOWS DEFERRED MAINTENANCE. Neighborhoods: Chollas View Unit 02 Other Fees: 0 Number of Furnished Units: 0

Last Agent to Sell the Property

Russell Walker

Keller Williams Realty License #01145916 Listed on: 02/10/2016

Keller Williams Realty

Last Buyer's Agent

Kevin Robinson

Kevin Robinson, Broker License #01421410

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,153

Year Built

  • Built in 1942

Lot Details

  • 7,405 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tenant pays for trash collection, cable TV
  • Assessor Parcel Number 5415113900

Community Details

Overview

  • 2 Units
  • Chollas View

Building Details

  • Net Operating Income $22,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,153

Year Built

Built in 1942

Lot Details

0

Listing Details

  • CapRate: 6.00
  • Park Name: Chollas View
  • Subdivision Name Other: East San Diego
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 5415113900
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Roof: Composition

Lot Info

  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Trash Collection, Cable TV

Multi Family

  • Gross Scheduled Income: 2200.00
  • Lot Size Area: 0.1700 Acres
  • Net Operating Income: 22800.00
  • Number Of Units Total: 2
  • Number With Range: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2017
Sold by
Gilliam Kevin Darrell
Bought by
Gilliam Kevin Darrell
Total Days on Market
75
Current Estimated Value
$996,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2017
Sold by
Gilliam Kevin D
Bought by
Gilliam Kevin Darrell

Purchase Details

Listed on
Feb 10, 2016
Closed on
May 2, 2016
Sold by
Gonzales Tina
Bought by
Gilliam Kevin D
Seller's Agent
Russell Walker
Keller Williams Realty
Buyer's Agent
Kevin Robinson
Kevin Robinson, Broker
List Price
$298,750
Sold Price
$298,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.13%
Original Mortgage
$317,000
Interest Rate
3.59%
Mortgage Type
New Conventional
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
Gilliam Kevin Darrell -- Fidelity National Title
Gilliam Kevin Darrell -- Fidelity National Title
Gilliam Kevin Darrell -- None Available
Gilliam Kevin D $299,000 Title365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilliam Living Trust $217,000
Closed Gilliam Living Trust $218,000
Closed Gilliam Kevin Darrell $332,500
Closed Gilliam Kevin D $317,000
Previous Owner Gilliam Arthurlene $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold $298,750 0.0% $215 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $298,750 -- $215 / 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
2024 $7,153 $579,050 $124,853 $454,197
2023 $6,994 $567,697 $122,405 $445,292
2022 $5,871 $479,526 $120,005 $359,521
2021 $4,956 $399,536 $117,652 $281,884
2020 $3,095 $248,958 $116,446 $132,512
2019 $3,040 $244,077 $114,163 $129,914
2018 $2,844 $239,292 $111,925 $127,367
2017 $2,776 $234,601 $109,731 $124,870
2016 $309 $23,762 $10,322 $13,440
2015 $305 $23,406 $10,167 $13,239
2014 $301 $22,948 $9,968 $12,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160009968

California Regional Multiple Listing Service (CRMLS)

APN: 541-511-39