NOT LISTED FOR SALE

Estimated Value: $1,279,000 - $1,891,000

8 Beds
4 Baths
2,570 Sq Ft
$622/Sq Ft Est. Value

Last Sold February 07, 2022

Last sale price $1,603,000 $624 Per Sq Ft

Current estimated payment $10,112/month

23 Days on Market

Highlights

  • Detached Guest House
  • Deck
  • 1 Fireplace
  • Hardy Elementary School Rated A-
  • Wood Flooring
  • Balcony

About This Home

As of February 2022

Pleased to present for sale a student rental property across the street from San Diego State University campus. 5079-81 55th Pl, is comprised of a 4bed/2bath house with a NEW CONSTRUCTION 4bed/2ba ADU in back. Offered at a current 4.5% Cap rate. These units are ready to be rented to students with the potential to bring in $5,000 for the main house and $4,500 for the ADU. The front house has received minor upgrades, but has room for rent growth if the kitchen and bathrooms are remodeled. The ADU construction was completed in 2021 with modern finishes throughout. Properties in this pocket have unequivocal student demand and bring in premium rents. Don't miss this unique opportunity to own 2 houses on 1 lot this close to campus.

Last Agent to Sell the Property

Alexio Barbara

Bridgepoint Realty Inc License #01992393 Listed on: 12/08/2021

Last Buyer's Agent

Vani Bobba

Vani Bobba, Broker License #01441126

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $20,088

Year Built

  • Built in 1954

Lot Details

  • 5,800 Sq Ft Lot
  • Property is Fully Fenced
  • Electric Fence

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Copper Roof

Interior Spaces

  • 2,570 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Formal Entry
  • Living Room
  • Dining Area

Kitchen

  • Gas Oven
  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Radiant Heating System
  • Separate Water Meter

Additional Features

  • Detached Guest House
  • Single Wide

Listing and Financial Details

  • Assessor Parcel Number 466-123-02-00

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$20,088

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Metro Uptown
  • Cross Street: 55th & mary ln
  • Neighborhood: San Diego State
  • Configuration: Single Wide
  • LP / Sq Ft: 641.63
  • Price Per Sq Ft: 623.74
  • SP/ Sq Ft: 623.74
  • Stories: 2 Story
  • Stories In Building: 1
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1954
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Flooring: Linoleum/Vinyl, Wood
  • Equipment Available: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Gas Oven, Gas Stove, Gas Range
  • Fireplaces: 1
  • Searchable Rooms: Dining Area, Formal Entry, Living Room, Laundry
  • Total Bedrooms: 8
  • Bedrooms: 8
  • Master Bedroom Dimensions: 10x10
  • Full Bathrooms: 4
  • Laundry Location: Garage
  • Estimated Sq Ft: 2570
  • Total Bathrooms: 4

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full, Electric
  • Guest House: Detached
  • Patio: Balcony, Deck
  • Roof: Copper

Garage/Parking

  • Garage Details: Attached, Garage
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Garage Spaces: 4
  • Parking Spaces Total: 6

Utilities

  • Laundry Utilities: Electric, Gas, Washer Hookup
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Radiant
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Community: TALMADGE

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 466-123-02-00
  • Estimated Lot Sq Ft: 5800
  • Estimated Number of Acres: 0.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2021
Closed on
Feb 1, 2022
Sold by
Alexandra Manos Stephanie
Bought by
Gaskins William L
Seller's Agent
Alexio Barbara
Bridgepoint Realty Inc
Buyer's Agent
Vani Bobba
Vani Bobba, Broker
List Price
$1,649,000
Sold Price
$1,603,000
Premium/Discount to List
-$46,000
-2.79%
Current Estimated Value
$1,597,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,192
Avg. Annual Appreciation
-0.09%
Original Mortgage
$980,000
Outstanding Balance
$910,652
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$687,156

Purchase Details

Listed on
Dec 8, 2021
Closed on
Jan 22, 2022
Sold by
Gaskins William L
Bought by
Tgp Ventures Llc
Seller's Agent
Alexio Barbara
Bridgepoint Realty Inc
Buyer's Agent
Vani Bobba
Vani Bobba, Broker
List Price
$1,649,000
Sold Price
$1,603,000
Premium/Discount to List
-$46,000
-2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Outstanding Balance
$910,652
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$687,156

Purchase Details

Listed on
Dec 8, 2021
Closed on
Jan 21, 2022
Sold by
Tgp Ventures Llc
Bought by
Kasulu Llc
Seller's Agent
Alexio Barbara
Bridgepoint Realty Inc
Buyer's Agent
Vani Bobba
Vani Bobba, Broker
List Price
$1,649,000
Sold Price
$1,603,000
Premium/Discount to List
-$46,000
-2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Outstanding Balance
$910,652
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$687,156

Purchase Details

Closed on
Jul 19, 2012
Sold by
Hobrecht Stephen W and Hobrecht Alix L
Bought by
Gaskins William L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,600
Interest Rate
3.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 7, 2009
Sold by
Henze Ronald W and Henze Mary M
Bought by
Hobrecht Stephen W and Hobrecht Alix L

Purchase Details

Closed on
Jun 17, 1996
Sold by
Dietz Robert T
Bought by
Henze Ronald W and Henze Mary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.3%
Mortgage Type
VA
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
Gaskins William L -- Wfg National Title
Tgp Ventures Llc -- Wfg National Title
Kasulu Llc $1,603,000 Wfg National Title
Gaskins William L $427,000 Chicago Title Company
Hobrecht Stephen W $395,000 First American Title San Die
Henze Ronald W $165,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kasulu Llc $980,000
Previous Owner Gaskins William L $341,600
Previous Owner Henze Ronald W $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2022 02/07/22 Sold $1,603,000 -2.8% $624 / Sq Ft
01/01/2022 01/01/22 Pending -- -- --
12/08/2021 12/08/21 For Sale $1,649,000 -- $642 / 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 $20,088 $1,701,103 $1,273,440 $427,663
2024 $20,088 $1,632,000 $1,221,000 $411,000
2023 $19,464 $1,586,000 $1,187,000 $399,000
2022 $8,107 $663,779 $370,045 $293,734
2021 $8,052 $650,765 $362,790 $287,975
2020 $5,946 $480,786 $359,071 $121,715
2019 $5,840 $471,360 $352,031 $119,329
2018 $5,461 $462,119 $345,129 $116,990
2017 $80 $453,059 $338,362 $114,697
2016 $5,246 $444,177 $331,728 $112,449
2015 $5,168 $437,506 $326,746 $110,760
2014 $5,088 $428,937 $320,346 $108,591
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210032913

San Diego MLS

APN: 466-123-02