$880,000
SOLD SEP 11, 2014
5 Beds
5 Baths
2,513 Sq Ft
7,000 Sq Ft Lot

Recently Sold

$350 Per Sq Ft

23% Below List Price

141 Days on Market

Highlights

  • Ocean View
  • Spa
  • Level Lot
  • Ocean Beach Elementary School Rated A
  • Partially Fenced Property
  • 4-minute walk to Ebers Street Park and Playground

About This Home

As of October 2019

Property is at the top of the hill where zoning stops allowing 2 homes on 1 lot. Rear home 4550 is newer with great views towards Mission Bay and Sea World and has alley access. Front home is older brick structure with original look to kitchen and bathroom.

Last Agent to Sell the Property

Lee Caudill

Coldwell Banker West License #00898992 Listed on: 03/14/2014

Coldwell Banker West

Last Buyer's Agent

Natalie Harris

Coldwell Banker West License #01270748

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,035

Year Built

  • Built in 1950

Lot Details

  • 7,000 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Property Views

  • Ocean
  • Bay
  • Panoramic
  • City Lights

Home Design

  • Brick Exterior Construction
  • Composition Roof

Schools

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

Utilities

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

Additional Features

  • 2-Story Property
  • Spa

Listing and Financial Details

  • Tenant pays for cable TV
  • Assessor Parcel Number 448-671-07-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $66,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,035

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Guizot St
  • Neighborhood: Ocean Beach
  • Stories: 2 Story
  • Sale Price List Price: 0.93
  • Total Stories: 2
  • Year Built: 1950
  • 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
  • School District Old: San Diego Unified
  • Walk Score Desc: Somewhat Walkable
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Brick, Wood/Stucco
  • Fencing: Partial
  • Roof: Composition
  • Spa: Yes
  • View: Bay, City, Evening Lights, Ocean, Panoramic

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: POINT LOMA
  • Complex Features: Spa/Hot Tub

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
  • Zoning: R-2
  • Assessor Parcel Number: 448-671-07-00
  • Land Use Code: 2
  • Estimated Lot Dimensions: 50x140
  • Estimated Lot Sq Ft: 7000
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Map Code Column: A
  • Map Code Page: 1268
  • Map Code Row: 6

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 66000
  • Gross Rent Multiplier Actual: 17.0
  • Gross Sched Income Actual: 66000
  • Number Of Buildings: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 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

Tax Info

  • Assessor Parcel Number: 4550-52Saratoga92107

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2019
Closed on
Oct 14, 2019
Sold by
Nelson Walter Charles and Nelson Tamara Marie
Bought by
Tschirgi John and Baez Stephanie
Seller's Agent
Markus Feldmann
Pacific Real Estate Center
Buyer's Agent
Beau Trickey
Keller Williams San Diego Metro
List Price
$1,099,000
Sold Price
$1,070,000
Premium/Discount to List
-$29,000
-2.64%
Current Estimated Value
$1,567,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$497,347
Avg. Annual Appreciation
6.73%
Original Mortgage
$820,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 1, 2017
Closed on
Mar 6, 2017
Sold by
Dri Holdings Llc
Bought by
Nelson Walter Charles and Nelson Tamara Marie
Seller's Agent
Natalie Harris
Coldwell Banker West
Buyer's Agent
Tamara Nelson
Pacific Real Estate Center
List Price
$1,085,000
Sold Price
$1,000,000
Premium/Discount to List
-$85,000
-7.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.74%
Original Mortgage
$880,000
Interest Rate
4.21%
Mortgage Type
VA

Purchase Details

Listed on
Mar 14, 2014
Closed on
Sep 10, 2014
Sold by
Frey Conrad J
Bought by
Dri Holdings Llc
Seller's Agent
Lee Caudill
Coldwell Banker West
Buyer's Agent
Natalie Harris
Coldwell Banker West
List Price
$1,149,000
Sold Price
$880,000
Premium/Discount to List
-$269,000
-23.41%

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%
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 $1,070,000 Lawyers Title Sd
Grant Deed $1,000,000 Fidelity National Title
Grant Deed $880,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $710,000 New Conventional
Closed $820,000 New Conventional
Previous Owner $880,000 VA
Previous Owner $698,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2019 10/21/19 Sold $1,070,000 -2.6% $698 / Sq Ft
09/26/2019 09/26/19 Pending -- -- --
09/17/2019 09/17/19 For Sale $1,099,000 +9.9% $717 / Sq Ft
04/20/2017 04/20/17 Sold $1,000,000 -4.8% $361 / Sq Ft
02/26/2017 02/26/17 Pending -- -- --
01/24/2017 01/24/17 Price Changed $1,050,000 -3.2% $379 / Sq Ft
01/01/2017 01/01/17 For Sale $1,085,000 +23.3% $392 / Sq Ft
09/11/2014 09/11/14 Sold $880,000 -23.4% $350 / Sq Ft
08/02/2014 08/02/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $1,149,000 -- $457 / 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 $14,035 $1,170,197 $984,280 $185,917
2024 $14,035 $1,147,253 $964,981 $182,272
2023 $13,724 $1,124,759 $946,060 $178,699
2022 $13,358 $1,102,706 $927,510 $175,196
2021 $13,265 $1,081,085 $909,324 $171,761
2020 $13,121 $1,070,000 $900,000 $170,000
2019 $12,762 $1,040,400 $832,320 $208,080
2018 $11,929 $1,020,000 $816,000 $204,000
2017 $5,129 $435,966 $267,328 $168,638
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 140013651

San Diego MLS

APN: 448-671-07-02