$370,000
SOLD DEC 23, 2014
2 Beds
2 Baths
1,232 Sq Ft
5,536 Sq Ft Lot

Recently Sold

$300 Per Sq Ft

7% Below List Price

9 Days on Market

Highlights

  • Property is Fully Fenced
  • Wood Siding
  • 1-Story Property
  • Level Lot

About This Home

As of April 2017

Attention investors and flippers! This centrally located, rarely available duplex is definitely a fixer but offers tons of potential as both an income producing property or a rehab and flip. The property features a terrific central Clairemont location and a good sized lot w/ plenty of room to add on. Bring your contractor and add value!!

Last Agent to Sell the Property

Leon Dienes

Leon Dienes & Associates License #01473065 Listed on: 12/04/2014

Last Buyer's Agent

Leon Dienes

Leon Dienes & Associates License #01473065 Listed on: 12/04/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,463

Year Built

  • Built in 1954

Lot Details

  • 5,536 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 360-120-05-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • Net Operating Income $10,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,463

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro
  • Cross Street: Genesee
  • Neighborhood: Clairemont Manor
  • Stories: 1 Story
  • Sale Price List Price: 0.93
  • Total Stories: 1
  • Year Built: 1954
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: SAN DIEGO

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 360-120-05-00
  • Land Use Code: r
  • Estimated Lot Sq Ft: 5536
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Map Code Column: f
  • Map Code Page: 1248
  • Map Code Row: 1

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 10000
  • Annual Expense Actual: 5000
  • Gross Rent Multiplier Actual: 18.0
  • Gross Sched Income Actual: 15600
  • Gross Sched Income Projected: 31000
  • Number Of Buildings: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2018
Sold by
Goldstien Lisa
Bought by
Lmg Ventures Llc
Current Estimated Value
$968,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2017
Closed on
Apr 21, 2017
Sold by
Victoria Road Llc
Bought by
Lmg Ventures Llc
Seller's Agent
Rosamaria Acuña
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Gayle Philippi
Gayle Philippi
List Price
$470,000
Sold Price
$460,000
Premium/Discount to List
-$10,000
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%
Original Mortgage
$100,000
Interest Rate
4.14%
Mortgage Type
Unknown

Purchase Details

Listed on
Dec 4, 2014
Closed on
Dec 19, 2014
Sold by
Johnson Merrill E
Bought by
Victoria Road Llc
Seller's Agent
Leon Dienes
Leon Dienes & Associates
Buyer's Agent
Leon Dienes
Leon Dienes & Associates
List Price
$399,000
Sold Price
$370,000
Premium/Discount to List
-$29,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%

Purchase Details

Closed on
Jan 24, 2006
Sold by
Johnson Merrill E
Bought by
Johnson Family Trust

Purchase Details

Closed on
Jun 27, 2003
Sold by
Johnson Merrill E and Johnson Lorelei K
Bought by
Johnson Merrill E and Johnson Lorelei K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 10, 2001
Sold by
Johnson Merrill E and Johnson Lorelei K
Bought by
Johnson Merrill E and Johnson Lorelei K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
7.26%

Purchase Details

Closed on
Jul 10, 1996
Sold by
Kapo Johnson Merrill Eugene
Bought by
Johnson Merrill Eugene and Johnson Lorelei Kapohuolahaina

Purchase Details

Closed on
Dec 17, 1985

Purchase Details

Closed on
Jan 18, 1985
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 Type Sale Price Title Company
Grant Deed -- Accommodation
Grant Deed -- Lawyers Title
Grant Deed $460,000 California Title Company
Grant Deed $370,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Gateway Title Company
Interfamily Deed Transfer -- Commonwealth Land Title Co
Interfamily Deed Transfer -- Commonwealth Landl Title Co
Interfamily Deed Transfer -- Gateway Title Company
Interfamily Deed Transfer -- Gateway Title Company
Deed $109,500 --
Deed $85,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $827,770 Construction
Closed $504,000 New Conventional
Previous Owner $387,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $100,000 Unknown
Previous Owner $84,000 Unknown
Previous Owner $73,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2017 04/26/17 Sold $460,000 -2.1% $373 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
04/11/2017 04/11/17 For Sale $470,000 +27.0% $381 / Sq Ft
12/23/2014 12/23/14 Sold $370,000 -7.3% $300 / Sq Ft
12/12/2014 12/12/14 Pending -- -- --
12/03/2014 12/03/14 For Sale $399,000 -- $324 / 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 $6,463 $533,862 $490,580 $43,282
2024 $6,463 $523,395 $480,961 $42,434
2023 $6,320 $513,133 $471,531 $41,602
2022 $6,153 $503,073 $462,286 $40,787
2021 $6,111 $493,210 $453,222 $39,988
2020 $6,037 $488,153 $448,575 $39,578
2019 $5,929 $478,582 $439,780 $38,802
2018 $5,544 $469,199 $431,157 $38,042
2017 $4,514 $383,154 $352,088 $31,066
2016 $4,441 $375,642 $345,185 $30,457
2015 $4,376 $370,000 $340,000 $30,000
2014 $2,128 $177,857 $84,245 $93,612
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 140063915

San Diego MLS

APN: 360-120-05