NOT LISTED FOR SALE

Estimated Value: $1,573,000 - $2,042,000

4 Beds
3 Baths
2,491 Sq Ft
$732/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $1,187,000 $477 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $11,267/month

26 Days on Market

About This Home

As of January 2021

Absolutely Charming Beach Bungalows! Two separate 2 bedroom cottages plus additional studio with bathroom. One located on the corner of S Freeman & the other entry is 608 Minnesota. Front cottage has hardwood floors, fireplace, cute backyard and studio. Updated open kitchen with s/s Appliances. Perfect investment/income property! Or Live in one and rent out the other! Fantastic opportunity for someone doing a 1031 Exchange!

Last Agent to Sell the Property

Debe McInnis

Pacific Sotheby's Int'l Realty License #01118027 Listed on: 11/14/2020

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Erin Robertson

eXp Realty of California, Inc. License #01366253

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,227

Home Design

  • Rolled or Hot Mop Roof
  • Clay Roof
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Partially Fenced Property
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for sewer, trash, cable TV, electricity
  • Assessor Parcel Number 150-202-09-00

Community Details

Overview

  • 3 Buildings
  • 2 Units
  • Bryan's Addition Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Minnesota
  • Neighborhood: Oceanside
  • Stories: 1 Story
  • Sale Price List Price: 0.85
  • Total Stories: 1
  • Year Built: 1924
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Rolled/Hot Mop, Tile/Clay

Utilities

  • Cooling: Wall/Window

Condo/Co-op/Association

  • Complex Name: Bryan's Addition
  • Pets Allowed: Yes
  • Community: OCEANSIDE

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R3
  • Assessor Parcel Number: 150-202-09-00

Rental Info

  • Tenant Pays: Sewer, Trash, Cable TV, Electricity

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 3
  • Number Of Units With Cooling: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Patios: 2
  • 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 14, 2020
Closed on
Jan 19, 2021
Sold by
Morgans Lance and Morgans Colleen
Bought by
Desantis Donald Michael
Seller's Agent
Debe McInnis
Pacific Sotheby's Int'l Realty
Buyer's Agent
Erin Robertson
eXp Realty of California, Inc.
List Price
$1,395,000
Sold Price
$1,187,000
Premium/Discount to List
-$208,000
-14.91%
Current Estimated Value
$1,823,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$636,434
Avg. Annual Appreciation
9.08%
Original Mortgage
$950,000
Outstanding Balance
$847,878
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$975,556

Purchase Details

Listed on
Dec 25, 2018
Closed on
Feb 22, 2019
Sold by
Morgans Colleen
Bought by
Morgans Lance and Morgans Colleen
Seller's Agent
Linda Swindell
Linda Swindell, Broker
Sold Price
$2,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2016
Sold by
Futch Anita M and Morgans Colleen F
Bought by
Futch Anita M and Morgans Colleen F

Purchase Details

Closed on
Nov 12, 2002
Sold by
Morgans Lance D
Bought by
Morgans Colleen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.06%

Purchase Details

Closed on
Oct 8, 2002
Sold by
Malone Thomas E and Malone Mary
Bought by
Futch Anita M and Morgans Colleen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.06%

Purchase Details

Closed on
Feb 15, 1989
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Desantis Donald Michael $1,187,500 First American Title Company
Morgans Lance -- First American Title Company
Futch Anita M -- None Available
Morgans Colleen F -- Fidelity National Title
Futch Anita M $400,000 Fidelity National Title Co
-- $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desantis Donald Michael $950,000
Previous Owner Morgans Lance $450,000
Previous Owner Futch Anita M $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2021 01/21/21 Sold $1,187,000 -14.9% $477 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
11/14/2020 11/14/20 For Sale $1,395,000 0.0% $560 / Sq Ft
02/11/2019 02/11/19 Rented $2,550 +4.1% --
01/12/2019 01/12/19 Under Contract -- -- --
12/25/2018 12/25/18 For Rent $2,450 -- --
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 $20,565 $1,361,069 $955,087 $405,982
2024 $15,286 $1,361,069 $955,087 $405,982
2023 $13,723 $1,235,475 $936,360 $299,115
2022 $13,516 $1,211,250 $918,000 $293,250
2021 $5,007 $434,605 $278,093 $156,512
2020 $4,854 $430,150 $275,242 $154,908
2019 $4,714 $421,717 $269,846 $151,871
2018 $4,664 $413,449 $264,555 $148,894
2017 $4,579 $405,343 $259,368 $145,975
2016 $4,354 $397,396 $254,283 $143,113
2015 $4,227 $391,428 $250,464 $140,964
2014 $4,063 $383,761 $245,558 $138,203
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200051697

San Diego MLS

APN: 150-202-09