NOT LISTED FOR SALE

Estimated Value: $937,904

5 Beds
4 Baths
-- Sq Ft
3,798 Sq Ft Lot

Last Sold May 29, 2015

Last sale price $460,000

Est. 104% increase in value since last sale

Current estimated payment $5,568/month

40 Days on Market

Highlights

  • Ocean View
  • Partially Fenced Property
  • Level Lot

About This Home

As of May 2015

This is the one you've been waiting for! Mixed use-4 units w/great traffic! 2 commercial units w/direct frontage on El Cajon Bl There is an upstairs apt w/2BR/1BA and brand new kitchen, some dual paned windows, dark wood floors and distant water & evening light views. 4th unit is a separate detached 2 story 3BR/1BA house w/alley access. All units are rented under market. Year built cannot be determined through title or tax roll. FIRST TIME ON MARKET IN 40 YEARS! All information contained in this listing is deemed reliable and is subject to buyers verification before close of escrow.

Last Agent to Sell the Property

Don Pelletier

The Don Pelletier Group License #00866225 Listed on: 04/09/2015

Last Buyer's Agent

Keith Rose

Rose Real Estate License #01511829

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,097

Lot Details

  • 3,798 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Property Views

  • Ocean
  • City Lights

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 472-091-11-00

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Talmadge Park Community

Building Details

  • Net Operating Income $10,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,097

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: 56th Street
  • Neighborhood: Talmadge Park
  • Supplement: FIRST TIME ON MARKET IN 40 YEARS! All information contained in this listing is deemed reliable and is subject to buyers verification before close of escrow.
  • LP / Sq Ft: 388.89
  • Stories: 2 Story
  • Sale Price List Price: 0.88
  • Total Stories: 2
  • Year Built: 9999
  • 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: Wood/Stucco
  • Fencing: Partial
  • View: Evening Lights, Ocean

Utilities

  • Sewer/Septic: Sewer Connected

Condo/Co-op/Association

  • Complex Name: Talmadge Park
  • Community: TALMADGE

Lot Info

  • Lot Size: 1-3,999 SF
  • Site: Public Street, Sidewalks
  • Topography: Level
  • Assessor Parcel Number: 472-091-11-00
  • Land Use Code: Stor
  • Estimated Lot Sq Ft: 3798
  • Estimated Number of Acres: 0.0872
  • Map Code Column: B
  • Map Code Page: 1270
  • Map Code Row: 4

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 10800
  • Annual Expense Actual: 2400
  • Gross Rent Multiplier Actual: 43.94
  • Gross Sched Income Actual: 13200
  • Number Of Buildings: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 1
  • Number Of Units With Refrigerator: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2015
Closed on
May 20, 2015
Sold by
Kwong Yat Tam & Lilly Tam Living Trust and Tam Lilly
Bought by
Nguyen Family Living Trust and Nguyen Tawny N
Seller's Agent
Don Pelletier
The Don Pelletier Group
Buyer's Agent
Keith Rose
Rose Real Estate
List Price
$580,000
Sold Price
$460,000
Premium/Discount to List
-$120,000
-20.69%
Current Estimated Value
$937,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,904
Avg. Annual Appreciation
7.06%

Purchase Details

Closed on
Jan 2, 2010
Sold by
Tam Lilly and Huey Lilly
Bought by
Tam Kwong Yat and Tam Lilly

Purchase Details

Closed on
Dec 2, 2009
Sold by
Tam Lilly and Berghauser Anna
Bought by
Tam Lilly and Berghauser Anna

Purchase Details

Closed on
Oct 28, 1996
Sold by
Jung Huey
Bought by
Huey Jung
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
Nguyen Family Living Trust $460,000 Ticor Title
Tam Kwong Yat -- None Available
Tam Lilly -- None Available
Huey Jung -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2015 05/29/15 Sold $460,000 -20.7% --
05/19/2015 05/19/15 Pending -- -- --
04/09/2015 04/09/15 For Sale $580,000 -- --
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 $7,097 $552,841 $330,502 $222,339
2024 $7,097 $542,002 $324,022 $217,980
2023 $6,940 $531,375 $317,669 $213,706
2022 $6,739 $520,957 $311,441 $209,516
2021 $6,686 $510,743 $305,335 $205,408
2020 $6,604 $505,507 $302,205 $203,302
2019 $6,486 $495,596 $296,280 $199,316
2018 $6,075 $485,879 $290,471 $195,408
2017 $5,930 $476,353 $284,776 $191,577
2016 $5,835 $467,014 $279,193 $187,821
2015 $1,511 $98,767 $52,077 $46,690
2014 $1,493 $96,833 $51,057 $45,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 150018802

San Diego MLS

APN: 472-091-11