NOT LISTED FOR SALE

Estimated Value: $828,600 - $987,000

4 Beds
2 Baths
1,440 Sq Ft
$635/Sq Ft Est. Value

Last Sold February 23, 2017

Last sale price $500,000 $347 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,493/month

78 Days on Market

Highlights

  • Laundry Facilities
  • Property is Fully Fenced
  • 2-minute walk to Northmont Park
  • Grossmont High School Rated A
  • Level Lot

About This Home

As of February 2017

COZY DUPLEX IN LA MESA, JUST MINUTES FROM THE 8 AND THE 125 FREEWAYS. WALKING DISTANCE TO THE ELEMENTARY SCHOOL AND LIBRARY. JUST DOWN THE ROAD YOU ARE MINUTES FROM PARKWAY PLAZA MALL AND GROSSMONT SHOPPING CENTER. EACH UNIT HAS A SEPARATE GARAGE AND W/D HOOK UPS. THIS IS THE PERFECT PLACE TO LIVE IN ONE AND RENT THE OTHER.

Last Agent to Sell the Property

Jack Hawkins

Golden Properties Real Estate License #00428265 Listed on: 11/03/2016

Last Buyer's Agent

Jesus Flores-Ruelas

Coldwell Banker West License #01124362

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,422

Year Built

  • Built in 1953

Lot Details

  • 0.4 Acre Lot
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Rolled or Hot Mop Roof

Interior Spaces

  • 2-Story Property

Schools

  • Grossmont Union High School District

Utilities

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

Listing and Financial Details

  • Tenant pays for trash, cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 486-361-06-00

Community Details

Overview

  • 2 Units
  • Severin Manor Community

Pet Policy

  • Pets Allowed

Additional Features

  • Laundry Facilities
  • Net Operating Income $26,048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,422

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
  • Neighborhood: GROSSMONT
  • Stories: 2 Story
  • Sale Price List Price: 0.96
  • Total Stories: 2
  • 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
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Roof: Rolled/Hot Mop

Utilities

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

Condo/Co-op/Association

  • Complex Name: SEVERIN MANOR
  • Pets Allowed: Yes
  • Community: LA MESA
  • Complex Features: Laundry Facilities
  • Manager Name: owner
  • Manager Phone: 619-956-6236

Schools

  • School District URL: http://www.guhsd.net/
  • High School: Grossmont Union High School District

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Curbs, Public Street, Street Paved
  • Topography: Level
  • Water District: HELIX WATER DISTRICT
  • Zoning: DUPLEX
  • Assessor Parcel Number: 486-361-06-00
  • Land Use Code: DUPL
  • Estimated Lot Dimensions: 61X109
  • Estimated Lot Sq Ft: 6098
  • Water District URL: http://www.hwd.com
  • Estimated Number of Acres: 0.4
  • Map Code Column: B
  • Map Code Page: 1251
  • Map Code Row: 6

Rental Info

  • Tenant Pays: Trash, Cable TV, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 26048
  • Annual Expense Actual: 8500
  • Gross Rent Multiplier Actual: 14.5
  • Gross Sched Income Actual: 34548
  • Number Of Buildings: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2016
Closed on
Feb 2, 2017
Sold by
Hawkins Jack L
Bought by
Flores Claudia
Seller's Agent
Jack Hawkins
Golden Properties Real Estate
Buyer's Agent
Jesus Flores-Ruelas
Coldwell Banker West
List Price
$519,000
Sold Price
$500,000
Premium/Discount to List
-$19,000
-3.66%
Current Estimated Value
$914,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,867
Avg. Annual Appreciation
7.11%

Purchase Details

Closed on
Aug 7, 2013
Sold by
Hawkins Jack L and Hawkins Georganna
Bought by
Hawkins Jack L and Hawkins Georganna
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
Flores Claudia $500,000 Torinthian Title Company
Hawkins Jack L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hawkins Jack L $310,700
Previous Owner Hawkins Jack L $169,832
Previous Owner Hawkins Jack L $190,000
Previous Owner Hawkins Jack L $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2017 02/23/17 Sold $500,000 -3.7% $347 / Sq Ft
01/20/2017 01/20/17 Pending -- -- --
11/03/2016 11/03/16 For Sale $519,000 -- $360 / 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 $7,422 $969,000 $612,000 $357,000
2024 $7,422 $568,907 $233,151 $335,756
2023 $7,166 $557,753 $228,580 $329,173
2022 $7,109 $546,818 $224,099 $322,719
2021 $7,028 $536,097 $219,705 $316,392
2020 $6,934 $530,601 $217,453 $313,148
2019 $6,819 $520,198 $213,190 $307,008
2018 $6,735 $509,999 $209,010 $300,989
2017 $50 $80,571 $33,020 $47,551
2016 $1,552 $78,992 $32,373 $46,619
2015 $1,482 $77,806 $31,887 $45,919
2014 $1,491 $76,283 $31,263 $45,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 160059537

San Diego MLS

APN: 486-361-06