Seller's Agent in 2023
Robert Brown
Fantastik Realty
(858) 397-3108
4 in this area
45 Total Sales
5261 Tipton St San Diego, CA 92115
College East NeighborhoodEstimated Value: $1,152,000 - $1,535,000
6
Beds
3
Baths
1,764
Sq Ft
$748/Sq Ft
Est. Value
Highlights
- Two Primary Bedrooms
- Bonus Room
- Laundry closet
- Hardy Elementary School Rated A-
- Great Room
- Dining Area
About This Home
As of May 2023Outstanding Investment Opportunity! Presenting a fully turn-key, "minidorm" style student rental situated in a prime location, just steps away from SDSU. Nestled on a sought-after street renowned for student rentals, this 6-bedroom property is currently leased for $6,000 per month to a group of SDSU students. A new lease with a fresh group of SDSU students is set to commence on July 5, 2023, at an increased rate of $6,900 per month. The current owner has meticulously remodeled and expanded the house, obtaining necessary permits to add bedrooms, bathrooms, and convert the garage. All work was carried out under the guidance of a leading student housing expert management company in this highly desirable area. Explore the potential to build an ADU on the property, as neighboring homes have successfully rented their ADUs for $4,500+ per month. Due to the consistently high demand for student rentals in this prime location, the property has experienced annual rent increases nearly every single year per the owner. With its proximity to SDSU, this investment offers low vacancy, ensuring a stable and reliable income stream. Expertly managed by a top-notch student rental management company, this property offers an unbeatable location close to campus, shopping centers, dining options, and convenient freeway access. The spacious backyard features a jacuzzi, providing an excellent space for relaxation and entertainment. Don't miss your chance to capitalize on this exceptional income-generating opportunity!
Last Agent to Sell the Property
Fantastik Realty License #01796328 Listed on: 03/19/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,438
Year Built
- Built in 1951
Lot Details
- 7,000 Sq Ft Lot
- Property is Fully Fenced
- Level Lot
Home Design
- Composition Roof
- Wood Siding
Interior Spaces
- 1,764 Sq Ft Home
- 1-Story Property
- Great Room
- Family Room
- Dining Area
- Bonus Room
Kitchen
- Gas Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- Double Master Bedroom
- 3 Full Bathrooms
Laundry
- Laundry closet
- Stacked Washer and Dryer
Parking
- 4 Parking Spaces
- Driveway
Utilities
- Separate Water Meter
Listing and Financial Details
- Assessor Parcel Number 467-072-01-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 19, 2023
Closed on
Apr 26, 2023
Sold by
Churchill Daria
Bought by
Churchill Noel
Seller's Agent
Robert Brown
Fantastik Realty
Buyer's Agent
Collin Dudley
Harcourts One
List Price
$1,175,000
Sold Price
$1,070,000
Premium/Discount to List
-$105,000
-8.94%
Views
153
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,198
Avg. Annual Appreciation
8.85%
Purchase Details
Listed on
Mar 19, 2023
Closed on
Apr 24, 2023
Sold by
Churchill Noel
Bought by
Zihir
Seller's Agent
Robert Brown
Fantastik Realty
Buyer's Agent
Collin Dudley
Harcourts One
List Price
$1,175,000
Sold Price
$1,070,000
Premium/Discount to List
-$105,000
-8.94%
Views
153
Purchase Details
Closed on
Feb 7, 2006
Sold by
Borders Joe L and Borders Aileen
Bought by
Churchill Noel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
6.19%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 13, 2001
Sold by
Terhune Gentry G
Bought by
Borders Joe L and Borders Aileen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,200
Interest Rate
7.06%
Purchase Details
Closed on
Jan 12, 2000
Sold by
Gentry Terhune
Bought by
Terhune Gentry G and Gentry G Terhune 1999 Trust
Purchase Details
Closed on
Jan 6, 2000
Sold by
Terhune Bonita M
Bought by
Terhune Gentry G
Purchase Details
Closed on
Dec 22, 1999
Sold by
Terhune Bonita M
Bought by
Terhune Gentry G
Purchase Details
Closed on
Dec 9, 1999
Sold by
Terhune Bonita M
Bought by
Terhune Gentry G and Gentry G Terhune 1999 Trust
Purchase Details
Closed on
Jun 13, 1989
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Churchill Noel | -- | Fidelity National Title | |
| Zihir | $1,070,000 | Fidelity National Title | |
| Churchill Noel | $476,000 | First American Title Co | |
| Borders Joe L | $222,500 | Lawyers Title | |
| Terhune Gentry G | -- | -- | |
| Terhune Gentry G | -- | -- | |
| Terhune Bonita M | -- | -- | |
| Terhune Gentry G | -- | -- | |
| Terhune Bonita M | -- | -- | |
| Terhune Gentry G | -- | -- | |
| Terhune Gentry G | -- | -- | |
| -- | $162,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Churchill Noel | $95,200 | |
| Previous Owner | Churchill Noel | $380,800 | |
| Previous Owner | Borders Joe L | $200,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/01/2023 05/01/23 | Sold | $1,070,000 | -0.5% | $607 / Sq Ft |
| 04/19/2023 04/19/23 | Pending | -- | -- | -- |
| 04/14/2023 04/14/23 | Price Changed | $1,075,000 | -4.4% | $609 / Sq Ft |
| 03/29/2023 03/29/23 | Price Changed | $1,125,000 | -4.3% | $638 / Sq Ft |
| 03/19/2023 03/19/23 | For Sale | $1,175,000 | -- | $666 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
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 | $13,438 | $1,113,228 | $988,380 | $124,848 |
| 2024 | $13,438 | $1,091,400 | $969,000 | $122,400 |
| 2023 | $8,245 | $670,289 | $492,561 | $177,728 |
| 2022 | $8,026 | $657,147 | $482,903 | $174,244 |
| 2021 | $7,971 | $644,263 | $473,435 | $170,828 |
| 2020 | $7,412 | $600,000 | $437,000 | $163,000 |
| 2019 | $7,178 | $580,000 | $423,000 | $157,000 |
| 2018 | $6,375 | $540,000 | $394,000 | $146,000 |
| 2017 | $80 | $490,000 | $358,000 | $132,000 |
| 2016 | $5,549 | $470,000 | $344,000 | $126,000 |
| 2015 | $5,550 | $470,000 | $344,000 | $126,000 |
| 2014 | $5,454 | $460,000 | $337,000 | $123,000 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Brown
-
Collin Dudley
Buyer's Agent in 2023
Collin Dudley
Harcourts One
(619) 549-5303
1 in this area
23 Total Sales
-
Kurt Wannebo
Buyer Co-Listing Agent in 2023
Kurt Wannebo
Wannebo Real Estate Group
(858) 405-5878
1 in this area
234 Total Sales
Map
Source: San Diego MLS
MLS Number: 230005073
APN: 467-072-01
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