NOT LISTED FOR SALE

Estimated Value: $783,000 - $855,000

3 Beds
3 Baths
-- Sq Ft
0.78 Acres

Last Sold January 07, 2022

Last sale price $700,000

Est. 16% increase in value since last sale

Current estimated payment $5,202/month

15 Days on Market

About This Home

As of January 2022

Great Investment property. 2 well maintained units located in an opportunity zone. Live in one and rent the other or just keep both as investment properties. 1 car garage and additional parking make this a great rental.

Last Agent to Sell the Property

Leo Gonzalez

FOSTER HAMILTON Real Estate License #01708425 Listed on: 11/17/2021

Last Buyer's Agent

Jorge Castellon

Compass License #01513716

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,979

Year Built

  • Built in 1924

Lot Details

  • Gated Home
  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Community Details

  • 2 Units
  • Fairmont Community

Listing and Financial Details

  • Assessor Parcel Number 471-691-10-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,979

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Wightman St.
  • Neighborhood: San Diego
  • Stories: 1 Story
  • Sale Price List Price: 0.97
  • Total Stories: 1
  • Year Built: 1924
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Condo/Co-op/Association

  • Complex Name: Fairmont
  • Community: EAST SAN DIEGO

Lot Info

  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 471-691-10-00

Multi Family

  • No. of Units: 2
  • Gross Sched Income Actual: 3022
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2021
Closed on
Dec 16, 2021
Sold by
Contreras Abel and Sois Contreras Yolanda
Bought by
Parker Jeffrey Stephen
Seller's Agent
Leo Gonzalez
FOSTER HAMILTON Real Estate
Buyer's Agent
Jorge Castellon
Compass
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%
Current Estimated Value
$813,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,456
Avg. Annual Appreciation
4.27%
Original Mortgage
$560,000
Outstanding Balance
$514,954
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$298,472

Purchase Details

Closed on
Aug 10, 2005
Sold by
Contreras Abel
Bought by
Contreras Abel and Solis Contreras Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.61%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 10, 2004
Sold by
Hermosillo Fernando and Hermosillo Judith
Bought by
Contreras Abel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2001
Sold by
Burciaga Jose Roberto and Burciaga Maria Isabel
Bought by
Hermosillo Fernando and Hermosillo Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.57%

Purchase Details

Closed on
Oct 14, 1994
Sold by
Emc Mtg Corp
Bought by
Hermosillo Fernando and Hermosillo Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,155
Interest Rate
8%

Purchase Details

Closed on
Jan 3, 1994
Sold by
Great Western Bank
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Nov 2, 1993
Sold by
California Reconveyance Company
Bought by
Great Western Bank

Purchase Details

Closed on
Sep 1, 1987
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
Parker Jeffrey Stephen $700,000 Lawyers Title
Contreras Abel -- --
Contreras Abel $335,000 Southland Title Company
Hermosillo Fernando -- Chicago Title Co
Hermosillo Fernando $95,000 Fidelity National Title Ins
Emc Mtg Corp -- --
Great Western Bank $70,382 Orange Coast Title Of La
-- $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Jeffrey Stephen $560,000
Previous Owner Contreras Abel $412,000
Previous Owner Contreras Abel $105,000
Previous Owner Contreras Abel $327,500
Previous Owner Contreras Abel $360,000
Previous Owner Contreras Abel $268,000
Previous Owner Hermosillo Fernando $112,000
Previous Owner Hermosillo Fernando $90,155
Closed Contreras Abel $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $700,000 -3.4% --
12/03/2021 12/03/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $725,000 -- --
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 $8,979 $742,843 $399,139 $343,704
2024 $8,979 $728,278 $391,313 $336,965
2023 $8,781 $713,999 $383,641 $330,358
2022 $5,492 $448,807 $241,150 $207,657
2021 $5,455 $440,008 $236,422 $203,586
2020 $5,174 $425,000 $170,000 $255,000
2019 $4,875 $400,000 $160,000 $240,000
2018 $4,062 $350,000 $140,000 $210,000
2017 $83 $300,000 $120,000 $180,000
2016 $2,883 $250,000 $100,000 $150,000
2015 $2,884 $250,000 $100,000 $150,000
2014 $2,601 $225,000 $90,000 $135,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210031575

San Diego MLS

APN: 471-691-10