Seller's Agent in 2020
Vincent Puterbaugh
Century 21 Masters
(951) 453-6000
1 in this area
46 Total Sales
5748 Stresemann St San Diego, CA 92122
University City NeighborhoodEstimated Value: $1,817,000 - $2,036,629
3
Beds
2
Baths
2,242
Sq Ft
$842/Sq Ft
Est. Value
Highlights
- Midcentury Modern Architecture
- Private Yard
- Neighborhood Views
- Spreckels Elementary School Rated A-
- No HOA
- 2 Car Attached Garage
About This Home
As of July 2020Investor Alert: Major fixer with terriffic upside potential! This masterful example of Mid-Century Modern by renowned archetect William Krisel is on the market for the first time ever. Constructed in 1962, this single-owner home is in need of repairs and renovation and is priced accordingly. Built on nearly a quarter of an acre (.24), the large front and back yards have ample room for whatever your needs or vision. Home is being sold As-Is, with no repairs so will require a cash offer. Known repairs needed are extensive and include ripping the entire roof off and replacing, opening walls to repair water damage from leaking roof (while the walls are open buyer should consider replacing electrical and plumbing as they are both original), replacing flooring throughout, updating the kitchen and replacing both bathrooms, interior and exterior paint, 40 yard haul-out (maybe 2), and front and rear landscaping. The smart play on this home would be to extend the back of the house to enlarge the master suite and to add a fourth bedroom. This house is not for the neophyte or first-timer; this project is for an experienced redeveloper/contractor looking to make a serious profit and can dedicate 3-6 months to reap the rewards. Seller will not allow the purchase agreement to be assigned so wholesalers need not waste their time (or ours).
Last Agent to Sell the Property
Century 21 Masters License #01248150 Listed on: 06/24/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,520
Year Built
- Built in 1962
Lot Details
- 10,500 Sq Ft Lot
- Lot Sloped Down
- Private Yard
- Back and Front Yard
- Density is 2-5 Units/Acre
- Property is zoned R1
Parking
- 2 Car Attached Garage
- 2 Open Parking Spaces
Home Design
- Midcentury Modern Architecture
- Fixer Upper
- Slab Foundation
Interior Spaces
- 2,242 Sq Ft Home
- 1-Story Property
- Entryway
- Living Room with Fireplace
- Neighborhood Views
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Kitchen Island
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Concrete Porch or Patio
- Rain Gutters
Utilities
- Forced Air Heating System
- Sewer Paid
Additional Features
- More Than Two Accessible Exits
- Suburban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 62
- Tax Tract Number 4567
- Assessor Parcel Number 6701310700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 30, 2020
Sold by
Middleton Luke E
Bought by
Lee Boatman Jeremy and Boatman Larissa Marie
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,045,000
Outstanding Balance
$932,502
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$955,905
Purchase Details
Listed on
Jun 24, 2020
Closed on
Jul 8, 2020
Sold by
Middleton Paola Casale
Bought by
Middleton Luke E
Seller's Agent
Vincent Puterbaugh
Century 21 Masters
Buyer's Agent
Vincent Puterbaugh
Century 21 Masters
List Price
$750,000
Sold Price
$915,000
Premium/Discount to List
$165,000
22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.86%
Original Mortgage
$932,000
Interest Rate
3.1%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Lee Boatman Jeremy | $1,425,000 | Chicago Title Company | |
| Middleton Luke E | -- | Chicago Title Company | |
| Middleton Luke E | $915,000 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lee Boatman Jeremy | $1,045,000 | |
| Previous Owner | Middleton Luke E | $932,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/10/2020 07/10/20 | Sold | $915,000 | +22.0% | $408 / Sq Ft |
| 06/29/2020 06/29/20 | Pending | -- | -- | -- |
| 06/24/2020 06/24/20 | For Sale | $750,000 | -- | $335 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $18,520 | $1,542,463 | $1,028,309 | $514,154 |
| 2024 | $18,520 | $1,512,220 | $1,008,147 | $504,073 |
| 2023 | $18,111 | $1,482,570 | $988,380 | $494,190 |
| 2022 | $17,628 | $1,453,500 | $969,000 | $484,500 |
| 2021 | $11,307 | $915,000 | $262,110 | $652,890 |
| 2020 | $1,243 | $105,366 | $30,183 | $75,183 |
| 2019 | $1,219 | $103,301 | $29,592 | $73,709 |
| 2018 | $1,140 | $101,276 | $29,012 | $72,264 |
| 2017 | $1,111 | $99,292 | $28,444 | $70,848 |
| 2016 | $1,090 | $97,346 | $27,887 | $69,459 |
| 2015 | $1,074 | $95,885 | $27,469 | $68,416 |
| 2014 | $1,056 | $94,007 | $26,931 | $67,076 |
Source: Public Records
Agents Affiliated with this Home
-
Vincent Puterbaugh
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW20122300
APN: 670-131-07
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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