NOT LISTED FOR SALE

5523 Cumberland St Unit 25 San Diego, CA 92139

Paradise Hills Neighborhood

Estimated Value: $843,894 - $907,000

5 Beds
2 Baths
1,908 Sq Ft
$454/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $495,000 $259 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,394/month

53 Days on Market

About This Home

As of March 2017

Perfect for that owner occupied homeowner with a built in tenant below at market rent to help with the mortgage payment! Upstairs tenant will move out upon the close of escrow and the unit is move in ready. Garage has been converted and can be a 4th bedroom/studio 2 on 1 unit, upper unit remodeled and converted garage can be self contained unit.

Last Agent to Sell the Property

Glenda Meyer

Glenda Meyer License #00793271 Listed on: 12/31/2016

Last Buyer's Agent

Cindy Aragundi

Century 21 Masters License #01961838

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,952

Year Built

  • Built in 1953

Lot Details

  • 8,859 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for water, electricity, gas/propane
  • Assessor Parcel Number 587-241-04-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • Net Operating Income $350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,952

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: Rachael Ave
  • Neighborhood: Paradise Hills
  • Stories: 2 Story
  • Sale Price List Price: 0.99
  • Total Stories: 2
  • Year Built: 1953
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: PARADISE HILLS
  • Manager Name: Carl Kahn
  • Manager Phone: 760-504-3655

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: 7,500-10,889 SF
  • Topography: Level
  • Assessor Parcel Number: 587-241-04-00
  • Land Use Code: dupl
  • Estimated Lot Sq Ft: 8859

Rental Info

  • Tenant Pays: Water, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 350
  • Annual Expense Actual: 350
  • Gross Rent Multiplier Actual: 8.0
  • Gross Sched Income Actual: 2650
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 1
  • 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

Closed on
Jun 4, 2021
Sold by
Torres Alicia
Bought by
Torres Alicia and Torres Francisco
Current Estimated Value
$871,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,000
Outstanding Balance
$348,578
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$528,386

Purchase Details

Listed on
Dec 31, 2016
Closed on
Mar 28, 2017
Sold by
Torres Francisco
Bought by
Torres Alicia
Seller's Agent
Glenda Meyer
Glenda Meyer
Buyer's Agent
Cindy Aragundi
Century 21 Masters
List Price
$535,000
Sold Price
$495,000
Premium/Discount to List
-$40,000
-7.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$396,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 31, 2016
Closed on
Mar 14, 2017
Sold by
Solomon Jesse and Solomon Natali
Bought by
Torres Alicia
Seller's Agent
Glenda Meyer
Glenda Meyer
Buyer's Agent
Cindy Aragundi
Century 21 Masters
List Price
$535,000
Sold Price
$495,000
Premium/Discount to List
-$40,000
-7.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2016
Sold by
Rodriguez Oscar and Razo Brenda E
Bought by
Solomon Jesse and Solomon Natali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,841
Interest Rate
3.48%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 23, 2010
Sold by
Rodriguez Oscar and Razo Brenda
Bought by
Rodriguez Oscar and Razo Brenda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,158
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 2010
Sold by
Gonzalez Berlinda J
Bought by
Rodriguez Oscar

Purchase Details

Closed on
Sep 3, 2009
Sold by
Aldana Juan Carlos
Bought by
Rodriguez Oscar and Razo Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,088
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 2009
Sold by
Diaz Bernardo
Bought by
Aldana Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,088
Interest Rate
5.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 2009
Sold by
Diaz Maribel Jullian
Bought by
Diaz Bernardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,300
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2009
Sold by
Us Bank National Association
Bought by
Diaz Bernardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,300
Interest Rate
4.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2009
Sold by
Yubane Michael K
Bought by
Us Bank National Association

Purchase Details

Closed on
May 11, 2000
Sold by
Panado Corazon P
Bought by
Yubane Michael K

Purchase Details

Closed on
Feb 13, 1998
Sold by
Guzman Fel T
Bought by
Panado Corazon P

Purchase Details

Closed on
Dec 22, 1997
Sold by
Yubane Leonard A and Yubane Corazon P
Bought by
Guzman Fel T

Purchase Details

Closed on
Jul 2, 1993
Sold by
Yubane Leonard A
Bought by
Yubane Corazon P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,436
Interest Rate
7.21%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 15, 1993
Sold by
Yubane Corazon P
Bought by
Zavala Guillermo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,436
Interest Rate
7.21%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 4, 1989
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
Torres Alicia -- Corinthian Title Company
Torres Alicia -- First American Title
Torres Alicia $495,000 First American Title
Solomon Jesse $340,000 Title365 Company
Rodriguez Oscar -- Lawyers Title Company
Rodriguez Oscar -- Lawyers Title Company
Rodriguez Oscar $325,000 Lawyers Title Company
Aldana Juan Carlos -- None Available
Diaz Bernardo -- Chicago Title Company
Diaz Bernardo $175,000 Chicago Title Company
Us Bank National Association $179,225 Accommodation
Yubane Michael K -- --
Panado Corazon P -- --
Panado Corazon P -- Lawyers Title
Guzman Fel T $93,550 Lawyers Title
Yubane Corazon P -- Continental Lawyers Title
Zavala Guillermo -- Continental Lawyers Title
-- $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Alicia $383,000
Closed Torres Alicia $396,000
Previous Owner Solomon Jesse $333,841
Previous Owner Rodriguez Oscar $20,000
Previous Owner Rodriguez Oscar $319,158
Previous Owner Rodriguez Oscar $319,088
Previous Owner Diaz Bernardo $178,300
Previous Owner Yubane Michael K $206,250
Previous Owner Yubane Michael K $25,000
Previous Owner Zavala Guillermo $60,436
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2017 03/31/17 Sold $495,000 -1.0% $259 / Sq Ft
02/22/2017 02/22/17 Pending -- -- --
01/31/2017 01/31/17 Price Changed $499,900 -6.6% $262 / Sq Ft
12/31/2016 12/31/16 For Sale $535,000 -- $280 / 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 $6,952 $574,482 $317,656 $256,826
2024 $6,952 $563,219 $311,428 $251,791
2023 $6,799 $552,176 $305,322 $246,854
2022 $6,618 $541,350 $299,336 $242,014
2021 $6,573 $530,736 $293,467 $237,269
2020 $6,494 $525,295 $290,458 $234,837
2019 $6,378 $514,996 $284,763 $230,233
2018 $5,963 $504,899 $279,180 $225,719
2017 $5,003 $425,000 $235,000 $190,000
2016 $4,191 $354,379 $202,618 $151,761
2015 $4,130 $349,057 $199,575 $149,482
2014 $4,066 $342,220 $195,666 $146,554
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    Glenda Meyer

    Glenda Meyer

    Section Image
  • Cindy Aragundi

    Buyer's Agent in 2017

    Cindy Aragundi

    Century 21 Masters

    (619) 213-4131

    2 Total Sales

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Map

Source: San Diego MLS

MLS Number: 170000060

San Diego MLS

APN: 587-241-04

California San Diego County San Diego 92139 Paradise Hills

5523 Cumberland St Unit 25, San Diego, CA

This home is located at 5523 Cumberland St Unit 25, San Diego, CA 92139 since 31 December 2016 and is currently estimated at $865,631, approximately $453 per square foot. This property was built in 1953. 5523 Cumberland St Unit 25 is a home located in San Diego County with nearby schools including Paradise Hills Elementary School, Bell Middle School, and Morse High School.

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