NOT LISTED FOR SALE

Estimated Value: $1,021,000 - $1,415,000

4 Beds
2 Baths
1,344 Sq Ft
$924/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $835,000 $621 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $7,690/month

19 Days on Market

Highlights

  • Attic Fan
  • Birney Elementary School Rated A
  • Property is Fully Fenced

About This Home

As of August 2018

Tremendous investment opportunity in Normal Heights! Charming duplex features lovely Spanish Architecture, private yard space for each unit, 4 off-street parking spaces and on-site laundry facilities. In addition, each unit features a fully remodeled kitchen and 2 bedrooms (4 total). Walk to all restaurants and shops on Adams Avenue - amazing location! Here's a list of improvements completed over the last few years - Whole property: - new roof 2013 - landscaping and front fence 2016 - new dryer in laundry building 2016 - upgraded electrical 2014 - on-demand water heater for whole building 2015 - partial stucco replacement 2014 - automatic path/stairway lights 2015 - new main water line from meter to house 2016 Upstairs/4522: - replaced upstairs waste lines 2013 - new hot/cold water lines 2014 - full kitchen/dining remodel 2014 - partial bath upgrade (sink area) 2015 - bedroom closet upgrade 2014 - heat-triggered attic fan 2014 Downstairs/4520: - new laminate flooring in bedrooms 2015 - full kitchen remodel including new appliances 2015 - new paint and trim throughout 2015

Last Agent to Sell the Property

Angela Meakins

Willis Allen Real Estate License #01459726 Listed on: 07/10/2018

Willis Allen Real Estate

Last Buyer's Agent

Seth Chalnick

Shoreline Properties License #01343733

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,250

Year Built

  • 1935

Lot Details

  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Attic Fan

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 445-161-22-00

Community Details

Overview

  • 2 Units
  • Normal Heights Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,250

Year Built

1935

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: Monroe
  • Neighborhood: Normal Heights
  • Supplement: Here's a list of improvements completed over the last few years - Whole property: - new roof 2013 - landscaping and front fence 2016 - new dryer in laundry building 2016 - upgraded electrical 2014 - on-demand water heater for whole building 2015 - partial
  • Stories: 2 Story
  • Sale Price List Price: 0.97
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1935

Exterior Features

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

Utilities

  • Cooling: Attic Fan

Condo/Co-op/Association

  • Complex Name: Normal Heights
  • Pets Allowed: Yes
  • Community: NORMAL HEIGHTS
  • Manager Name: Mercer Properties

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 445-161-22-00

Rental Info

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

Multi Family

  • No. of Units: 2
  • Gross Sched Income Actual: 49080
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Aug 2, 2018
Sold by
Montgomery Dan W and Mongrew Chaffin Morgana L
Bought by
Brady James S and Brady Christina M
Seller's Agent
Angela Meakins
Willis Allen Real Estate
Buyer's Agent
Seth Chalnick
Shoreline Properties
List Price
$859,995
Sold Price
$835,000
Premium/Discount to List
-$24,995
-2.91%
Current Estimated Value
$1,241,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,581
Avg. Annual Appreciation
5.83%
Original Mortgage
$584,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 14, 2013
Closed on
Oct 7, 2013
Sold by
Freiheit G Willie and Freiheit Victoria J
Bought by
Montgomery Daniel W and Mongraw Chaffin Morgana L
Seller's Agent
Scot Gentry
Coldwell Banker West
Buyer's Agent
Angela Meakins
Pacific Sotheby's Int'l Realty
List Price
$460,000
Sold Price
$490,000
Premium/Discount to List
$30,000
6.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.64%
Original Mortgage
$392,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2004
Sold by
Freiheit G Willie and Freiheit Victoria J
Bought by
Freiheit G Willie and Freiheit Victoria J

Purchase Details

Closed on
Apr 9, 2003
Sold by
Freiheit Victoria J
Bought by
Freiheit G Willie and Freiheit Victoria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 28, 2003
Sold by
Bornheimer Ernest E and Freiheit Victoria J
Bought by
Freiheit Victoria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 22, 2000
Sold by
Bornheimer Ernest E
Bought by
Bornheimer Ernest E and Freiheit Victoria J

Purchase Details

Closed on
May 4, 1999
Sold by
Farrar Mark M and Farrar Dawna M
Bought by
Bornheimer Ernest E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,800
Interest Rate
7.01%

Purchase Details

Closed on
Jan 31, 1990

Purchase Details

Closed on
Jul 7, 1989
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
Brady James S $835,000 Chicago Title Company
Montgomery Daniel W $490,000 Fidelity National Title San
Freiheit G Willie -- --
Freiheit G Willie -- Fidelity National Title
Freiheit Victoria J -- Fidelity National Title
Bornheimer Ernest E -- --
Bornheimer Ernest E $173,500 Chicago Title Co
-- $171,500 --
-- $151,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brady James S $552,336
Closed Brady James S $701,500
Closed Brady James S $584,500
Previous Owner Montgomery Daniel W $392,000
Previous Owner Freiheit G Willie $234,850
Previous Owner Freiheit G Willie $247,000
Previous Owner Freiheit G Willie $120,770
Previous Owner Freiheit G Willie $120,000
Previous Owner Bornheimer Ernest E $72,000
Previous Owner Bornheimer Ernest E $138,800
Closed Bornheimer Ernest E $17,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2018 08/29/18 Sold $835,000 -2.9% $621 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $859,995 +75.5% $640 / Sq Ft
10/28/2013 10/28/13 Sold $490,000 +6.5% $365 / Sq Ft
09/28/2013 09/28/13 Pending -- -- --
06/14/2013 06/14/13 For Sale $460,000 -- $342 / 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 $11,250 $1,165,032 $752,972 $412,060
2024 $11,250 $913,189 $738,208 $174,981
2023 $11,002 $895,284 $723,734 $171,550
2022 $10,710 $877,731 $709,544 $168,187
2021 $10,637 $860,522 $695,632 $164,890
2020 $10,508 $851,700 $688,500 $163,200
2019 $10,320 $835,000 $675,000 $160,000
2018 $6,152 $527,907 $309,249 $218,658
2017 $6,004 $517,557 $303,186 $214,371
2016 $5,906 $507,410 $297,242 $210,168
2015 $5,818 $499,790 $292,778 $207,012
2014 $5,725 $490,000 $287,043 $202,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 180037599

San Diego MLS

APN: 445-161-22