NOT LISTED FOR SALE
2 Beds
2 Baths
1,600 Sq Ft
5,003 Sq Ft Lot

Sale Details

Date Sold: July 23, 2021

Last sale price $1,800,000 $1,125 Per Sq Ft

12 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Cottage
  • El Morro Elementary School Rated A+
  • No HOA
  • Hiking Trails

About This Home

As of July 2021

Live in One and Rent the Other, Use Both Units, or Keep Both Units Rented with Current Tenants. 465-467 Hill St is a Duplex Zoned R2 with a 2 car garage and fireplace in the quiet streets of North Laguna. The Upstairs unit is 465 Hill St. is One Bedroom one Bath 850 sq. ft. Ocean View Cottage with Hardwood Floors, a Large Deck. It is currently rented for $2,650 until December 31st. The downstairs unit is 467 Hill St. is a spacious 750 sq. ft. Ocean View One Bedroom, One bath with a Spacious Patio, and Hardwood Floors, and a Front Patio with plenty of Outdoor Space. It is rented for $2,400 until August 31st. The property has central AC and heat. Property is sold As-IS. Buyer to verify all property facts. Do not disturb tenants.

Last Agent to Sell the Property

Marcella Seidensticker

Berkshire Hathaway HomeServices California Properties License #01987107 Listed on: 05/25/2021

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Brenda Dorsey

Compass License #02018050

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 5,003 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Cottage

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Ocean Views
  • Laundry closet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 700
  • Assessor Parcel Number 49617303

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Property is near a preserve or public land

Recreation

  • Park
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,400
  • New Taxes Expense $18,000
  • Operating Expense $19,400
  • Gross Income $64,800
  • Net Operating Income $60,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

5,003 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: R-2
  • Architectural Style: Cottage
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 49617303
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1125.00

Exterior Features

  • View: Ocean
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Hiking, Gutters, Park, Watersports, Preserve/Public Land, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5003.00
  • Lot Size Acres: 0.1149

Multi Family

  • Average1 Bed Area: 850 Square Feet
  • Average2 Bed Area: 750 Square Feet
  • Gross Income: 64800.00
  • Gross Scheduled Income: 60600.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 5003.0000 Square Feet
  • Net Operating Income: 60600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 19400.00

Tax Info

  • New Taxes Expense: 18000.00
  • Tax Census Tract: 626.05
  • Tax Lot: 6
  • Tax Tract Number: 700
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/23/2021 07/23/21 Sold $1,800,000 0.0% $1,125 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $1,800,000 0.0% $1,125 / Sq Ft
12/12/2014 12/12/14 Rented $2,300 0.0% --
12/12/2014 12/12/14 For Rent $2,300 0.0% --
10/29/2014 10/29/14 Rented $2,300 0.0% --
10/29/2014 10/29/14 For Rent $2,300 +27.8% --
09/12/2012 09/12/12 Rented $1,800 0.0% --
08/30/2011 08/30/11 Under Contract -- -- --
08/27/2011 08/27/11 For Rent $1,800 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,755 $1,910,174 $1,750,993 $159,181
2024 $20,755 $1,872,720 $1,716,660 $156,060
2023 $20,733 $1,836,000 $1,683,000 $153,000
2022 $20,243 $1,800,000 $1,650,000 $150,000
2021 $5,411 $349,546 $279,941 $69,605
2020 $5,246 $345,962 $277,070 $68,892
2019 $5,112 $339,179 $271,637 $67,542
2018 $4,987 $332,529 $266,311 $66,218
2017 $4,855 $326,009 $261,089 $64,920
2016 $4,731 $319,617 $255,969 $63,648
2015 $4,622 $314,817 $252,125 $62,692
2014 $4,512 $308,651 $247,187 $61,464
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LG21109817

California Regional Multiple Listing Service (CRMLS)

APN: 496-173-03

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