NOT LISTED FOR SALE

Estimated Value: $670,000 - $849,000

4 Beds
3.5 Baths
1,377 Sq Ft
$566/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $790,000 $574 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,593/month

14 Days on Market

Highlights

  • RV Access or Parking
  • 4-minute walk to Encanto/62Nd Street
  • Granite Countertops
  • Gated Parking
  • Open Floorplan
  • 2 Car Detached Garage

About This Home

As of March 2024

Welcome to this recently renovated 4-bedroom, 3-bathroom home that has undergone extensive updates, making it a true gem. As you step inside, you'll immediately notice the brand-new kitchen featuring solid Calcutta countertops and beautiful kitchen cabinets. The upgrades continue with new flooring throughout the entire house, providing a fresh and modern look as well as updated bathrooms and plumbing. Every room and living space have been illuminated with new lighting fixtures, creating a bright and welcoming atmosphere. Outside, the property has new beautiful synthetic turf, making it easy to maintain. Situated on a spacious lot just minutes from downtown, you'll enjoy both convenience and space. Solar is installed and paid for, keeping utilities cost very low. But that's not all – this property is ready to generate income! Two of the bedrooms have their own separate entrance, making them perfect for rental income. Additionally, there's a park-model RV on the premises, currently rented to long-term tenants. Furthermore, the garage is also generating rental income. If you're looking for an ADU (Accessory Dwelling Unit) opportunity, this property is ready for it! With a small investment, the garage can easily be converted into a 2-bedroom ADU, adding to the income potential of the property. The garage, complete with a bathroom, was previously used as a living unit, and plumbing and electrical work have already been installed. The owner will even provide schematic drawings to facilitate the conversion process. With the home rentals, ADU and RV rental, and this property has the potential to bring in an impressive monthly income. Investors will appreciate the home's proximity to mass transit, offering additional benefits. Located in a Promise Neighborhood, it qualifies for tax incentives and SB10, which could allow for up to 10 units on the property! Don't miss this fantastic opportunity to own a beautifully updated home with income potential and ADU possibilities in a prime location!

Last Agent to Sell the Property

Charles Wheeler

Redfin Corporation License #01969256 Listed on: 01/12/2024

Redfin Corporation

Last Buyer's Agent

Frances Inda

VILLA ASSOCIATES License #01785933

VILLA ASSOCIATES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,048

Year Built

  • Built in 1950

Lot Details

  • 8,145 Sq Ft Lot
  • Gated Home
  • Wrought Iron Fence
  • Property is Fully Fenced
  • Chain Link Fence
  • Fence is in fair condition
  • Level Lot
  • Property is zoned COMMERCIAL

Parking

  • 2 Car Detached Garage
  • Driveway
  • Gated Parking
  • Uncovered Parking
  • RV Access or Parking

Home Design

  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1,377 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room
  • Dining Area
  • Interior Storage Closet
  • Laminate Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Stove
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Low Flow Toliet
  • Shower Only

Laundry

  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Utilities

  • SEER Rated 16+ Air Conditioning Units
  • SEER Rated 13-15 Air Conditioning Units
  • High Efficiency Heating System
  • Heat Pump System
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 549-052-16-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,048

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Metro Central
  • Cross Street: Akins Ave.
  • Neighborhood: Encanto
  • Supplement: With the home rentals, ADU and RV rental, and this property has the potential to bring in an impressive monthly income. Investors will appreciate the home's proximity to mass transit, offering additional benefits. Located in a Promise Neighborhood, it qualifies for tax incentives and SB10, which could allow for up to 10 units on the property! Don't miss this fantastic opportunity to own a beautifully updated home with income potential and ADU possibilities in a prime location!
  • LP / Sq Ft: 555.56
  • Price Per Sq Ft: 573.71
  • SP/ Sq Ft: 573.71
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1950
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan, Copper Plumbing Full, Granite Counters, Low Flow Toilet(s), Open Floor Plan, Recessed Lighting, Shower, Storage Space, Kitchen Open To Family Rm
  • Flooring: Laminate
  • Equipment Available: Gas Oven, Gas Stove, Gas Range, Gas Cooking
  • Searchable Rooms: Dining Area, Living Room
  • Total Bedrooms: 4
  • Bedrooms: 4
  • Master Bedroom Dimensions: 14x13
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Laundry Location: Outside
  • Estimated Sq Ft: 1377
  • Total Bathrooms: 4

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full, Gate, Fair Condition, Wrought Iron, Chain Link
  • Roof: Shingle

Garage/Parking

  • Parking for RV: Gated, Hook-ups, On-Site Parking
  • Garage Details: Detached
  • Garage Spaces: 2
  • Non Garage Parking: Gated, Uncovered, Driveway
  • Garage Spaces: 6
  • Parking Spaces Total: 8

Utilities

  • Cooling: Heat Pump(s), SEER Rated 13-15, SEER Rated 16+
  • Laundry Utilities: Electric, Gas, Washer Hookup
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: High Efficiency, Heat Pump
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Community: ENCANTO

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Topography: Level
  • Zoning: COMMERCIAL
  • Assessor Parcel Number: 549-052-16-00
  • Estimated Lot Sq Ft: 8145
  • Estimated Number of Acres: 0.19
  • Map Code Column: C
  • Map Code Page: 1290
  • Map Code Row: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2025
Sold by
Suarez Basilia L
Bought by
Basilia L Suarez Living Trust and Suarez
Current Estimated Value
$779,719

Purchase Details

Listed on
Jan 12, 2024
Closed on
Feb 1, 2024
Sold by
Medina Pablo and Medina Gabriel
Bought by
Suarez Basilia Lucia
Seller's Agent
Charles Wheeler
Redfin Corporation
Buyer's Agent
Frances Inda
VILLA ASSOCIATES
List Price
$765,000
Sold Price
$790,000
Premium/Discount to List
$25,000
3.27%
Views
298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.81%
Original Mortgage
$750,500
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 6, 2022
Closed on
Feb 6, 2023
Sold by
Medina Benita
Bought by
Medina Gabriel
Seller's Agent
Simon Sung
Noble Real Estate Services
Buyer's Agent
Simon Sung
Noble Real Estate Services
List Price
$485,000
Sold Price
$480,000
Premium/Discount to List
-$5,000
-1.03%
Views
379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.01%

Purchase Details

Listed on
Dec 6, 2022
Closed on
Jan 19, 2023
Sold by
Roger Drapeau Revocable Trust
Bought by
Medina Pablo and Medina Gabriel
Seller's Agent
Simon Sung
Noble Real Estate Services
Buyer's Agent
Simon Sung
Noble Real Estate Services
List Price
$485,000
Sold Price
$480,000
Premium/Discount to List
-$5,000
-1.03%
Views
379

Purchase Details

Closed on
Jul 23, 2021
Sold by
Drapeau Roger and The Roger Drapeau Revocable Tr
Bought by
Drapeau Roger and The Roger Drapeau Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2013
Sold by
Drapeau Roger
Bought by
Drapeau Roger

Purchase Details

Listed on
Jan 12, 2012
Closed on
Feb 14, 2012
Sold by
Federal National Mortgage Association
Bought by
Drapeau Roger
Seller's Agent
Neven Spralja
Real Solution
Buyer's Agent
Dalia Sevilla
Big Block Realty, Inc.
List Price
$99,900
Sold Price
$105,000
Premium/Discount to List
$5,100
5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.80%

Purchase Details

Closed on
Feb 16, 2011
Sold by
Pelayo Luis Javier
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 21, 2007
Sold by
Pelayo Gregoria
Bought by
Pelayo Luis Javier

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
6.21%
Mortgage Type
Stand Alone Second
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
Basilia L Suarez Living Trust -- None Listed On Document
Suarez Basilia Lucia $790,000 None Listed On Document
Medina Gabriel -- First American Title
Medina Pablo -- First American Title
Medina Pablo $480,000 First American Title
Drapeau Roger -- Corinthian Title
Drapeau Roger -- None Available
Drapeau Roger $105,000 First American Title Ins Co
Federal National Mortgage Association $123,300 Landsafe
Pelayo Luis Javier -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Suarez Basilia Lucia $750,500
Previous Owner Drapeau Roger $280,000
Previous Owner Pelayo Luis Javier $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2024 03/08/24 Sold $790,000 +3.3% $574 / Sq Ft
01/27/2024 01/27/24 Pending -- -- --
01/12/2024 01/12/24 For Sale $765,000 +59.4% $556 / Sq Ft
02/14/2023 02/14/23 Sold $480,000 -1.0% $351 / Sq Ft View Prior Sale
01/30/2023 01/30/23 Pending -- -- --
01/26/2023 01/26/23 Price Changed $485,000 0.0% $355 / Sq Ft
01/26/2023 01/26/23 For Sale $485,000 -3.0% $355 / Sq Ft
01/11/2023 01/11/23 Pending -- -- --
12/10/2022 12/10/22 Price Changed $499,878 -4.9% $365 / Sq Ft
12/06/2022 12/06/22 For Sale $525,878 +400.8% $384 / Sq Ft
02/17/2012 02/17/12 Sold $105,000 +5.1% $77 / Sq Ft View Prior Sale
01/18/2012 01/18/12 Pending -- -- --
01/12/2012 01/12/12 For Sale $99,900 -- $73 / 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 $6,048 $805,800 $612,000 $193,800
2024 $6,048 $489,600 $367,200 $122,400
2023 $1,586 $126,753 $96,577 $30,176
2022 $1,544 $124,269 $94,684 $29,585
2021 $1,534 $121,833 $92,828 $29,005
2020 $1,516 $120,585 $91,877 $28,708
2019 $1,489 $118,222 $90,076 $28,146
2018 $1,394 $115,905 $88,310 $27,595
2017 $82 $113,633 $86,579 $27,054
2016 $1,338 $111,406 $84,882 $26,524
2015 $1,318 $109,733 $83,607 $26,126
2014 $1,299 $107,585 $81,970 $25,615
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240000915

San Diego MLS

APN: 549-052-16