NOT LISTED FOR SALE

443 Grand Ave Spring Valley, CA 91977

Estimated Value: $721,000 - $792,000

4 Beds
2 Baths
1,614 Sq Ft
$472/Sq Ft Est. Value

Last Sold March 01, 2019

Last sale price $420,000 $260 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,681/month

14 Days on Market

Highlights

  • Floor Furnace
  • Property is Fully Fenced
  • 1-Story Property

About This Home

As of March 2019

Very Spacious duplex on a huge lot. Both rented for a total rent of $2850 a month. Large kitchens with washer and dryers in the kitchen. Hard wood floors in one unit. Both have multiple parking spaces. Improvements include new furnaces in both units, new staircases to replace dry rot, bathtubs, sinks and counters were professionally re-coated.

Last Agent to Sell the Property

Cheryl Horn

Cheryl Horn, Broker License #01900723 Listed on: 01/31/2019

Last Buyer's Agent

Polo Vazquez

HomeSmart Realty West License #01263754

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,425

Year Built

  • Built in 1960

Lot Details

  • 7,187

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Metal Siding
  • Vinyl Siding

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • 1-Story Property
  • Property is Fully Fenced

Community Details

  • 2 Units
  • Net Operating Income $24,213

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 584-490-05-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,425

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: San Diego st
  • Neighborhood: Spring Valley
  • Supplement: Improvements include new furnaces in both units, new staircases to replace dry rot, bathtubs, sinks and counters were professionally re-coated.
  • Stories: 1 Story
  • Sale Price List Price: 0.98
  • Total Stories: 1
  • Year Built: 1960
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Metal, Vinyl
  • Fencing: Full
  • Roof: Composition

Utilities

  • Water Heater Type: Gas
  • Heat Equipment: Floor Furnace

Condo/Co-op/Association

  • Community: SPRING VALLEY
  • Manager Name: Del Rancho Realty

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Alley Access
  • Water District: OTAY WATER DISTRICT
  • Assessor Parcel Number: 584-490-05-00
  • Water District URL: http://www.otaywater.gov

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 24213
  • Annual Expense Actual: 9351
  • Gross Rent Multiplier Actual: 12.5
  • Gross Sched Income Actual: 34200
  • Number Of Buildings: 1
  • Number Of Units With Dryers: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2019
Closed on
Feb 21, 2019
Sold by
Kaplowitz Karen and Cohen Alan
Bought by
Diroma Real Estate Llc
Seller's Agent
Cheryl Horn
Cheryl Horn, Broker
Buyer's Agent
Polo Vazquez
HomeSmart Realty West
List Price
$430,000
Sold Price
$420,000
Premium/Discount to List
-$10,000
-2.33%
Current Estimated Value
$762,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,372
Avg. Annual Appreciation
8.89%

Purchase Details

Listed on
Feb 8, 2012
Closed on
Jul 17, 2012
Sold by
Barrientos Abisai
Bought by
Kaplowitz Karen and Cohen Alan
Seller's Agent
Douglas Winters
Winters Realty Group
Buyer's Agent
Cheryl Horn
Cheryl Horn, Broker
List Price
$214,900
Sold Price
$219,000
Premium/Discount to List
$4,100
1.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.34%

Purchase Details

Closed on
Mar 1, 2011
Sold by
Velazquez Saul Barrientos
Bought by
Barrientos Abisai

Purchase Details

Closed on
Feb 15, 2006
Sold by
Barrientos Rebeca
Bought by
Barrientos Abisai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 7, 2006
Sold by
Gutierrez Ruben Garcia and Gutierrez Patricia
Bought by
Barrientos V Saul and Barrientos Abisai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 2, 2003
Sold by
Gutierrez Ruben Garcia
Bought by
Gutierrez Ruben Garcia and Gutierrez Paricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,600
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2003
Sold by
Gutierrez Ruben Garcia
Bought by
Gutierrez Ruben Garcia and Gutierrez Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,600
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2002
Sold by
Danna Maria and Brunetto Stefano
Bought by
Gutierrez Ruben Garcia

Purchase Details

Closed on
Aug 29, 1997
Sold by
Giovanna Brunetto
Bought by
Danna Maria and Brunetto Stefano
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
Diroma Real Estate Llc $420,000 Chicago Title Company
Kaplowitz Karen $219,000 Corinthian Title Co
Barrientos Abisai -- None Available
Barrientos Abisai -- Commonwealth Land Title Co
Barrientos V Saul -- Commonwealth Land Title Co
Barrientos V Saul $585,000 Commonwealth Land Title Co
Gutierrez Ruben Garcia -- Southland Title
Gutierrez Ruben Garcia -- --
Gutierrez Ruben Garcia -- Southland Title
Gutierrez Ruben Garcia $75,000 California Title Co
Danna Maria -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barrientos V Saul $117,000
Previous Owner Barrientos V Saul $117,000
Previous Owner Barrientos V Saul $468,000
Previous Owner Gutierrez Ruben Garcia $232,600
Previous Owner Gutierrez Ruben Garcia $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2019 03/01/19 Sold $420,000 -2.3% $260 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
01/31/2019 01/31/19 For Sale $430,000 +96.3% $266 / Sq Ft
07/19/2012 07/19/12 Sold $219,000 +1.9% --
02/21/2012 02/21/12 Pending -- -- --
02/01/2012 02/01/12 For Sale $214,900 -- --
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 $6,425 $468,509 $213,932 $254,577
2024 $6,425 $459,324 $209,738 $249,586
2023 $6,219 $450,319 $205,626 $244,693
2022 $6,111 $441,491 $201,595 $239,896
2021 $6,058 $432,836 $197,643 $235,193
2020 $5,813 $428,399 $195,617 $232,782
2019 $3,665 $241,751 $110,389 $131,362
2018 $3,526 $237,012 $108,225 $128,787
2017 $830 $232,365 $106,103 $126,262
2016 $3,277 $227,810 $104,023 $123,787
2015 $3,245 $224,389 $102,461 $121,928
2014 $3,193 $219,994 $100,454 $119,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 190005953

San Diego MLS

APN: 584-490-05