4631-33 Conrad Ave San Diego, CA 92117
North Clairemont NeighborhoodEstimated Value: $1,206,000 - $1,474,000
5
Beds
4
Baths
2,200
Sq Ft
$597/Sq Ft
Est. Value
Highlights
- Gated Home
- Hawthorne Elementary School Rated A-
- 1-Story Property
About This Home
As of May 2024Investors, we are thrilled to present this fabulous triplex located in the heart of Clairemont. This extraordinary property features a 3BR, 2-BA front house spanning 1,200 sqft, a charming 1-BR, 1-BA ADU measuring 550 sqft, and a cozy 1-BR, 1-BA junior ADU encompassing 450 square feet. Each of these living spaces offers comfort and privacy for tenants, making it an ideal choice for both owner-occupants and savvy investors. Speaking of investors, this property holds immense appeal for those looking to expand their rental portfolio through SB-9 & AB-1033 projects or by converting additional space into another ADU. With limited availability of properties in the area, this is a rare opportunity to acquire a valuable asset in a highly desirable rental market. Each ground-up unit comes with its own individual parking space, complete with an alley access automatic gate and an EV-Tesla charging station. Inside, you'll find a spacious layout, newer appliances, abundant natural light, air conditioning, and the convenience of an in-unit washer/dryer. Step outside and discover an individual yard with lush synthetic grass and extra storage, providing the perfect outdoor space. And the location? It couldn't be more convenient! You'll be within walking distance of groceries, restaurants, theaters, and bus lines.
Last Agent to Sell the Property
Fathom Realty Group, Inc License #01476157 Listed on: 12/27/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,439
Year Built
- Built in 1956
Lot Details
- 7,100 Sq Ft Lot
- Gated Home
- Property is Fully Fenced
Parking
- Automatic Gate
Home Design
- Composition Roof
Interior Spaces
- 1-Story Property
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
Listing and Financial Details
- Tenant pays for water, cable TV, electricity
- Assessor Parcel Number 355-357-04-00
Community Details
Overview
- 3 Buildings
- 3 Units
- Clairemont Park Community
Pet Policy
- Pets Allowed
Building Details
- Net Operating Income $114,720
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 27, 2023
Closed on
Mar 19, 2024
Sold by
Goncalves Denise Lopes
Bought by
Deivasigamani Vinoth Kumar and Panneerselvam Mathivadhani
Seller's Agent
Roberta Fernandes
Fathom Realty Group, Inc
Buyer's Agent
Mathi Panneerselvam
AARE
List Price
$1,700,000
Sold Price
$1,425,000
Premium/Discount to List
-$275,000
-16.18%
Total Days on Market
73
Views
258
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$111,848
Avg. Annual Appreciation
-7.22%
Original Mortgage
$960,000
Outstanding Balance
$944,913
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$368,239
Purchase Details
Closed on
Sep 2, 2022
Sold by
Vernon Trask Thomas
Bought by
Goncalves Denise Lopes
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,204
Interest Rate
5.54%
Mortgage Type
VA
Purchase Details
Closed on
Aug 22, 2022
Sold by
Lopes Goncalves Denise
Bought by
Trask Thomas Vernon and Goncalves Denise Lopes
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,204
Interest Rate
5.54%
Mortgage Type
VA
Purchase Details
Closed on
Nov 15, 2021
Sold by
Trask Thomas Vernon and Goncalves Denise Lopes
Bought by
Goncalves Denise Lopes
Purchase Details
Closed on
Feb 6, 2015
Sold by
Trask Thomas Vernon and Goncaives Denise Lopes
Bought by
Trask Thomas Vernon and Goncalves Denise Lopes
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,531
Interest Rate
3.8%
Mortgage Type
VA
Purchase Details
Closed on
Apr 9, 2012
Sold by
Goncalves Denise Lopez
Bought by
Trask Thomas Vernon and Goncalves Denise Lopez
Purchase Details
Closed on
Feb 19, 2008
Sold by
Trask Thomas Vernon
Bought by
Goncalves Denise L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 11, 2008
Sold by
Wood Franklin L
Bought by
Goncalves Denise L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Similar Homes in San Diego, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Deivasigamani Vinoth Kumar | $1,425,000 | First American Title | |
| Goncalves Denise Lopes | -- | -- | |
| Trask Thomas Vernon | -- | First American Title | |
| Goncalves Denise Lopes | -- | None Available | |
| Trask Thomas Vernon | -- | Lawyers Title Company | |
| Trask Thomas Vernon | -- | None Available | |
| Goncalves Denise L | -- | Chicago Title Company | |
| Goncalves Denise L | $340,000 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Deivasigamani Vinoth Kumar | $960,000 | |
| Previous Owner | Trask Thomas Vernon | $610,204 | |
| Previous Owner | Trask Thomas Vernon | $348,132 | |
| Previous Owner | Trask Thomas Vernon | $348,531 | |
| Previous Owner | Trask Thomas Vernon | $346,055 | |
| Previous Owner | Goncalves Denise L | $289,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2024 05/01/24 | Sold | $1,425,000 | -5.0% | $648 / Sq Ft |
| 03/10/2024 03/10/24 | Pending | -- | -- | -- |
| 02/19/2024 02/19/24 | Price Changed | $1,500,000 | -11.8% | $682 / Sq Ft |
| 12/27/2023 12/27/23 | For Sale | $1,700,000 | -- | $773 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
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 | $6,439 | $528,469 | $382,912 | $145,557 |
| 2023 | $6,295 | $518,107 | $375,404 | $142,703 |
| 2022 | $6,126 | $507,949 | $368,044 | $139,905 |
| 2021 | $6,083 | $497,990 | $360,828 | $137,162 |
| 2020 | $6,008 | $492,885 | $357,129 | $135,756 |
| 2019 | $5,900 | $483,222 | $350,127 | $133,095 |
| 2018 | $4,798 | $412,748 | $343,262 | $69,486 |
| 2017 | $81 | $404,656 | $336,532 | $68,124 |
| 2016 | $4,606 | $396,723 | $329,934 | $66,789 |
| 2015 | $4,537 | $390,765 | $324,979 | $65,786 |
| 2014 | $4,465 | $383,112 | $318,614 | $64,498 |
Source: Public Records
Agents Affiliated with this Home
-
Roberta Fernandes
Seller's Agent in 2024
Roberta Fernandes
Fathom Realty Group, Inc
(858) 205-3939
1 in this area
2 Total Sales
-
Mathi Panneerselvam
M
Buyer's Agent in 2024
Mathi Panneerselvam
AARE
(858) 342-9292
2 in this area
3 Total Sales
Map
Source: San Diego MLS
MLS Number: 230024369
APN: 355-357-04
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