NOT LISTED FOR SALE

Estimated Value: $1,126,000 - $1,292,000

5 Beds
6 Baths
2,521 Sq Ft
$481/Sq Ft Est. Value

Last Sold October 15, 2014

Last sale price $617,414 $245 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $7,176/month

664 Days on Market

About This Home

As of October 2014

Massive price reduction for this 4-unit income property occupying a corner lot in Mid-City. Major fixer with plenty of income potential. Property hasadditional non-conforming unit for a total of 5 units. Building is currently fully occupied, but one of the units will become vacant in October. Extensive renovation and rehab will be required. Property has deferred maintenance, termite damage, cracked foundation and systems that need updating.

Last Agent to Sell the Property

Alex Eychis

Estate Properties License #01875191 Listed on: 11/08/2012

Estate Properties

Co-Listed By

Katherine Eychis

Estate Properties License #01889860

Last Buyer's Agent

Justin Braune

XCPTD Realty License #01845960

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,593

Year Built

  • Built in 1942

Lot Details

  • 6,125

Interior Spaces

  • 2,521 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Parking

  • 4 Car Garage
  • Driveway

Additional Features

  • 6,125 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5067-019-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,593

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2521
  • Stories: 2
  • Year Built: 1942
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 237.60

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Garage
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 20455
  • Assessed Land Value: 25431
  • Assessor Parcel Number: 5067-019-001
  • Lot Size Area: 6125

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Number Of Units: 4
  • Type Of Units: 1-2 bdrms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2016
Sold by
Braune Ashley
Bought by
Braune Justin
Current Estimated Value
$1,212,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$731,250
Outstanding Balance
$585,031
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$627,302

Purchase Details

Closed on
Aug 5, 2016
Sold by
Braune Justin
Bought by
Braune Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$731,250
Outstanding Balance
$585,031
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$627,302

Purchase Details

Closed on
Jun 12, 2015
Sold by
Braune Justin
Bought by
Braune Enterprises Inc

Purchase Details

Listed on
Nov 8, 2012
Closed on
Oct 9, 2014
Sold by
Kline Marshall P
Bought by
Braune Justin
Seller's Agent
Alex Eychis
Estate Properties
Buyer's Agent
Justin Braune
XCPTD Realty
List Price
$789,000
Sold Price
$617,414
Premium/Discount to List
-$171,586
-21.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$59,900
Interest Rate
4.08%
Mortgage Type
Seller Take Back
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
Braune Justin -- Ticor Title San Diego
Braune Enterprises Inc -- Ticor Title San Diego
Braune Justin -- Ticor Title San Diego
Braune Enterprises Inc -- None Available
Braune Justin $105,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braune Justin $731,250
Previous Owner Braune Justin $59,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2014 10/15/14 Sold $617,414 -21.7% $245 / Sq Ft
09/03/2014 09/03/14 Pending -- -- --
11/08/2012 11/08/12 For Sale $789,000 -- $313 / Sq Ft
Source: The 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 $9,593 $741,530 $516,790 $224,740
2024 $9,593 $726,991 $506,657 $220,334
2023 $9,424 $712,737 $496,723 $216,014
2022 $9,018 $698,763 $486,984 $211,779
2021 $8,902 $685,063 $477,436 $207,627
2019 $8,655 $664,746 $463,276 $201,470
2018 $8,525 $651,713 $454,193 $197,520
2016 $8,112 $626,408 $436,557 $189,851
2015 $8,001 $617,000 $430,000 $187,000
2014 -- $47,954 $26,577 $21,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-634903

The MLS

APN: 5067-019-001