$1,275,000
SOLD OCT 16, 2020
5 Beds
4 Baths
2,480 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$514 Per Sq Ft

2% Below List Price

10 Days on Market

Highlights

  • Property Near a Canyon
  • Marston Middle School Rated A-
  • Partially Fenced Property

About This Home

As of October 2024

Rare opportunity to own two fully renovated, spacious homes on a quiet canyon in Clairemont! Live in the front, rent the back! Front house was remodeled in 2020 and is 3 bedrooms 1 bath with a private yard, garage and driveway parking. Back house is new construction 2020 and has never been occupied! This property is a 10 minute drive to La Jolla Shores beach, 15 minute drive to the San Diego Airport, and a 19 minute drive to Downtown San Diego!

Last Agent to Sell the Property

Matt Davies

Matt Davies, Broker License #01966504 Listed on: 08/05/2020

Last Buyer's Agent

Penny DeFrance

Realty Executives Dillon License #01984616

Realty Executives Dillon

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,576

Year Built

  • Built in 2020

Lot Details

  • Property Near a Canyon
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Community Details

  • 2 Buildings
  • 2 Units
  • Clairemont Community

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 359-410-10-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,576

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro
  • Cross Street: Hatteras
  • Neighborhood: Clairemont
  • LP / Sq Ft: 20.05
  • Stories: 2 Story
  • Sale Price List Price: 0.98
  • Total Stories: 2
  • Year Built: 2020
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Cooling: Central Forced Air

Condo/Co-op/Association

  • Complex Name: Clairemont
  • Community: CLAIREMONT

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Canyon/Valley
  • Assessor Parcel Number: 359-410-10-00

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 2
  • Annual Expense Projected: 21600
  • Gross Rent Multiplier Projected: 15.04
  • Gross Sched Income Projected: 86400
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 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

Closed on
Aug 12, 2024
Sold by
Cross Steven Lyle
Bought by
Farnstrom Fredrik
Current Estimated Value
$1,606,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,207,602
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 5, 2020
Closed on
Aug 26, 2020
Sold by
Reynolds Vera Syage and The Vera Syage Reynolds Living
Bought by
Cross Steven Lyle
Seller's Agent
Matt Davies
Matt Davies, Broker
Buyer's Agent
Penny DeFrance
Realty Executives Dillon
List Price
$1,299,000
Sold Price
$1,275,000
Premium/Discount to List
-$24,000
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Original Mortgage
$1,207,602
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
Feb 28, 1996
Sold by
Reynolds Vera S
Bought by
Reynolds Vera Syage

Purchase Details

Closed on
Dec 1, 1989

Purchase Details

Closed on
Oct 4, 1983
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 $508,700 Wfg Title
Grant Deed $1,275,000 First American Title Company
Interfamily Deed Transfer -- Gateway Title Company
Deed $167,500 --
Deed $75,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,207,602 New Conventional
Previous Owner $1,207,602 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2024 10/18/24 Sold $1,605,000 +1.6% $651 / Sq Ft
08/04/2024 08/04/24 Pending -- -- --
06/27/2024 06/27/24 Price Changed $1,579,000 -4.3% $641 / Sq Ft
06/10/2024 06/10/24 For Sale $1,649,999 +29.4% $670 / Sq Ft
10/16/2020 10/16/20 Sold $1,275,000 -1.8% $514 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $1,299,000 -- $524 / 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 $16,576 $1,353,039 $848,966 $504,073
2023 $16,199 $1,326,510 $832,320 $494,190
2022 $15,766 $1,300,500 $816,000 $484,500
2021 $15,743 $1,275,000 $800,000 $475,000
2020 $3,498 $281,749 $151,391 $130,358
2019 $3,436 $276,225 $148,423 $127,802
2018 $3,213 $270,810 $145,513 $125,297
2017 $81 $265,501 $142,660 $122,841
2016 $3,086 $260,296 $139,863 $120,433
2015 $3,041 $256,387 $137,763 $118,624
2014 $2,994 $251,366 $135,065 $116,301
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200037283

San Diego MLS

APN: 359-410-10