NOT LISTED FOR SALE

4519 Acacia Ave La Mesa, CA 91941

Estimated Value: $1,065,000 - $1,320,000

6 Beds
4 Baths
2,160 Sq Ft
$559/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $810,000 $375 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $7,321/month

22 Days on Market

Highlights

  • Laundry Facilities
  • Partially Fenced Property
  • Wood Siding
  • La Mesa Arts Academy Rated A-
  • Gentle Sloping Lot

About This Home

As of February 2021

La Mesa Village duplex. Both units are 3 bedroom 2 bathroom. Two detached single car garages on rear of property. Original hardwood floors through most of the property. Remodeled kitchens. Shared laundry. Excellent income property. Backyard has space for ADU. Please do not disturb tenants

Last Agent to Sell the Property

Jackie Milhoan

Jaclyn M. Milhoan License #01835234 Listed on: 01/03/2021

Last Buyer's Agent

Joan Selby

Compass License #01345683

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,001

Year Built

  • Built in 1922

Lot Details

  • Partially Fenced Property
  • Gentle Sloping Lot

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 470-613-04-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • Laundry Facilities
  • Net Operating Income $33,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,001

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Finley Ave and Fairview Ave
  • Neighborhood: La Mesa Village
  • Stories: 2 Story
  • Sale Price List Price: 1.04
  • Total Stories: 2
  • Year Built: 1922
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U2: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Boat Facilities: No/Unknown
  • Exterior Material: Wood
  • Fencing: Partial
  • Roof: Composition

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: LA MESA
  • Complex Features: Laundry Facilities
  • Manager Name: Jaclyn Milhoan
  • Manager Phone: 858-366-3871

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Alley Access, Public Street, Rear Yd Str Access
  • Topography: Slope Gentle
  • Water District: HELIX WATER DISTRICT
  • Assessor Parcel Number: 470-613-04-00
  • Water District URL: http://www.hwd.com

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 33500
  • Annual Expense Actual: 10500
  • Gross Rent Multiplier Actual: 16.86
  • Gross Sched Income Actual: 46200
  • Gross Sched Income Projected: 47400
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Other Income Actual: 1800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2021
Closed on
Jan 28, 2021
Sold by
Rossiter David and David Rossiter Llc
Bought by
Selby Jenna H and Gilmer Jonathan W
Seller's Agent
Jackie Milhoan
Jaclyn M. Milhoan
Buyer's Agent
Joan Selby
Compass
List Price
$779,000
Sold Price
$810,000
Premium/Discount to List
$31,000
3.98%
Current Estimated Value
$1,159,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,595
Avg. Annual Appreciation
8.53%
Original Mortgage
$688,500
Outstanding Balance
$618,592
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$546,440

Purchase Details

Closed on
Jun 20, 2017
Sold by
Rossiter David
Bought by
David Rossiter Llc Profit Sharing Plan

Purchase Details

Closed on
Aug 24, 2015
Sold by
Mutual Realty Llc
Bought by
Rossiter David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,140
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2014
Sold by
Ross Suzanne
Bought by
Springs Lamesa

Purchase Details

Closed on
May 14, 2013
Sold by
Blue Dolphin Group Llc
Bought by
Martin Ross Living Trust

Purchase Details

Closed on
Dec 21, 2009
Sold by
Blue Dolphin Group Llc
Bought by
Mutual Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.77%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 11, 2008
Sold by
Ross Martin
Bought by
Blue Dolphin Group Llc

Purchase Details

Closed on
Oct 26, 2007
Sold by
Ross Martin
Bought by
Blue Dolphin Group Llc

Purchase Details

Closed on
Dec 29, 1986

Purchase Details

Closed on
Mar 6, 1986
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Selby Jenna H $810,000 Lawyers Title Sd
David Rossiter Llc Profit Sharing Plan -- None Available
Rossiter David $538,000 Title 365
Springs Lamesa -- None Available
Martin Ross Living Trust -- None Available
Mutual Realty Llc $275,000 Corinthian Title Company
Blue Dolphin Group Llc -- None Available
Blue Dolphin Group Llc -- None Available
-- $155,500 --
-- $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selby Jenna H $688,500
Previous Owner Rossiter David $403,140
Previous Owner Mutual Realty Llc $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $810,000 +4.0% $375 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $779,000 0.0% $361 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
01/03/2021 01/03/21 For Sale $779,000 -- $361 / 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 $11,001 $876,766 $407,784 $468,982
2024 $11,001 $859,576 $399,789 $459,787
2023 $10,677 $842,722 $391,950 $450,772
2022 $10,545 $826,199 $384,265 $441,934
2021 $7,711 $587,854 $273,411 $314,443
2020 $7,480 $581,827 $270,608 $311,219
2019 $7,422 $570,419 $265,302 $305,117
2018 $7,302 $559,235 $260,100 $299,135
2017 $50 $548,270 $255,000 $293,270
2016 $4,476 $315,886 $190,818 $125,068
2015 $4,400 $311,142 $187,952 $123,190
2014 $4,311 $305,048 $184,271 $120,777
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200054999

San Diego MLS

APN: 470-613-04