NOT LISTED FOR SALE

Estimated Value: $818,263 - $968,000

4 Beds
2 Baths
1,440 Sq Ft
$634/Sq Ft Est. Value

Last Sold January 15, 2014

Last sale price $389,900 $271 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $5,666/month

16 Days on Market

Highlights

  • Property is Fully Fenced
  • Gentle Sloping Lot
  • 4-minute walk to Northmont Park
  • Grossmont High School Rated A
  • 1-Story Property

About This Home

As of January 2014

*REMODELED AND READY TO GO* This duplex is ideal for an investor or for a homeowner to live in one and rent the other for income and a low net payment! The interior is a real must see: kitchen and baths have been redone and units have been cleaned with new carpet, paint and more! Units share a 2-car garage and offer their own exclusive yards and personal stacked washer/dryer. Tenants split cost of sewer/water/trash. Minutes to the 8 and 125 freeways and the popular Grossmont shopping center.Preview today!

Last Agent to Sell the Property

Gary Kent

Keller Williams Realty LaJolla License #00862878 Listed on: 11/27/2013

Keller Williams Realty LaJolla

Last Buyer's Agent

James V. Carter

Apartment Realty Group (ARG) License #01352336

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,253

Year Built

  • Built in 1953

Lot Details

  • 5,663 Sq Ft Lot
  • Property is Fully Fenced
  • Gentle Sloping Lot

Interior Spaces

  • 1-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for trash, water, electricity
  • Assessor Parcel Number 486-342-02-00

Community Details

Overview

  • 2 Units

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,253

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Earl St
  • Neighborhood: La Mesa
  • Stories: 1 Story
  • Sale Price List Price: 0.97
  • Total Stories: 1
  • Year Built: 1953
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Walk Score Desc: Somewhat Walkable
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Fencing: Full

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Available, Sewer Connected
  • Water: Available, Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Allowed w/Restrictions
  • Community: LA MESA

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Slope Gentle
  • Assessor Parcel Number: 486-342-02-00
  • Land Use Code: MFD
  • Estimated Lot Sq Ft: 5663
  • Estimated Number of Acres: 0.13
  • Map Code Column: B
  • Map Code Page: 1251
  • Map Code Row: 6

Rental Info

  • Tenant Pays: Trash, Water, Electricity

Multi Family

  • No. of Units: 2
  • Gross Rent Multiplier Actual: 12.76
  • Gross Sched Income Actual: 31344
  • Gross Sched Income Projected: 32544
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Range Oven: 1
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Tax Info

  • Assessor Parcel Number: 6041-43Horton91942

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2023
Sold by
Shah Mita and Shah Justin
Bought by
Mcglathery-Shah Family Trust
Total Days on Market
16
Current Estimated Value
$913,566

Purchase Details

Closed on
Dec 14, 2020
Sold by
Shah Mita M
Bought by
Shah Mita and Mcglathery Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2019
Sold by
Wegner Wayne F and Wegner Jayne R
Bought by
Shah Mita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,600
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 2, 2014
Sold by
Wegner Wayne F and Wegner Jayne R
Bought by
Wayne F Wegner & Jayne R Wegner Living T

Purchase Details

Listed on
Nov 27, 2013
Closed on
Dec 30, 2013
Sold by
Carter Brad Louis and Carter Tammy Lynn
Bought by
Wegner Wayne F and Wegner Jayne R
Seller's Agent
Gary Kent
Keller Williams Realty LaJolla
Buyer's Agent
James V. Carter
Apartment Realty Group (ARG)
List Price
$400,000
Sold Price
$389,900
Premium/Discount to List
-$10,100
-2.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$218,887
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2002
Sold by
Carter Wade Preston and Braudaway Sharon
Bought by
Carter Brad Louis and Carter Tammy Lynn

Purchase Details

Closed on
Dec 2, 1993
Sold by
Braudaway Sharon A
Bought by
Braudaway Sharon

Purchase Details

Closed on
Dec 3, 1986
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
Mcglathery-Shah Family Trust -- None Listed On Document
Shah Mita -- Chicago Title Co Sd
Shah Mita $577,000 Equity Title San Diego
Wayne F Wegner & Jayne R Wegner Living T -- None Available
Wegner Wayne F $390,000 Fidelity National Title Co
Carter Brad Louis -- --
Braudaway Sharon -- --
-- $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shah Mita $455,000
Previous Owner Shah Mita $461,600
Previous Owner Wegner Wayne F $218,887
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2014 01/15/14 Sold $389,900 -2.5% $271 / Sq Ft
12/12/2013 12/12/13 Pending -- -- --
11/26/2013 11/26/13 For Sale $400,000 -- $278 / 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 $8,253 $631,029 $301,786 $329,243
2024 $8,253 $618,657 $295,869 $322,788
2023 $8,031 $594,635 $284,381 $310,254
2022 $7,922 $594,635 $284,381 $310,254
2021 $7,761 $582,976 $278,805 $304,171
2020 $7,521 $577,000 $275,947 $301,053
2019 $5,753 $428,463 $204,910 $223,553
2018 $5,567 $420,063 $200,893 $219,170
2017 $5,443 $411,827 $196,954 $214,873
2016 $5,211 $403,753 $193,093 $210,660
2015 $5,137 $397,689 $190,193 $207,496
2014 $2,161 $148,089 $70,823 $77,266
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 130062129

San Diego MLS

APN: 486-342-02