NOT LISTED FOR SALE

Estimated Value: $803,329 - $986,000

4 Beds
2 Baths
1,440 Sq Ft
$629/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $470,000 $326 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,662/month

72 Days on Market

Highlights

  • Partially Fenced Property
  • Level Lot
  • 2-minute walk to Northmont Park
  • Grossmont High School Rated A
  • Wood Siding

About This Home

As of October 2016

Excellent Opportunity for the Investor or First Time Buyer where you can live in one and rent the other! Highly desirable units featuring 2 bedrooms, large kitchens and living rooms and each unit has a 1 car garage with laundry hook ups! Rents should be higher for the area and with extremely low vacancy rates, will rent quickly. Great opportunity for sure!

Last Agent to Sell the Property

Erik Weichelt

Coldwell Banker West License #01224268 Listed on: 07/14/2016

Coldwell Banker West

Last Buyer's Agent

Jennifer Bergman

Keller Williams Realty License #01358217

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,926

Year Built

  • Built in 1953

Lot Details

  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Schools

  • La Mesa Spring Valley School District Elementary And Middle School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 486-361-05-00

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,926

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: Henderson
  • Neighborhood: La Mesa
  • Stories: 2 Story
  • Sale Price List Price: 0.94
  • 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: Stucco, Wood
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: LA MESA

Schools

  • Elementary School: La Mesa Spring Valley School District
  • Elementary School Website: https://www.lmsvschools.org/
  • Middle School Url: https://www.lmsvschools.org/
  • Middle School: La Mesa Spring Valley School District

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Public Street
  • Topography: Level
  • Water District: HELIX WATER DISTRICT
  • Assessor Parcel Number: 486-361-05-00
  • Land Use Code: 1
  • Water District URL: http://www.hwd.com

Rental Info

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

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2016
Closed on
Oct 7, 2016
Sold by
Rayment Robert Benjamin and Homan Rayment Nita Jean
Bought by
Shiraishi Shaun D
Seller's Agent
Erik Weichelt
Coldwell Banker West
Buyer's Agent
Jennifer Bergman
Keller Williams Realty
List Price
$549,900
Sold Price
$470,000
Premium/Discount to List
-$79,900
-14.53%
Total Days on Market
72
Current Estimated Value
$905,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,832
Avg. Annual Appreciation
7.94%
Original Mortgage
$263,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 5, 2015
Closed on
Oct 26, 2015
Sold by
Cafiso Jenna
Bought by
Cafiso Anthony
Seller's Agent
Ron Oster
Coldwell Banker West
Buyer's Agent
Erik Weichelt
Coldwell Banker West
List Price
$499,000
Sold Price
$505,000
Premium/Discount to List
$6,000
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.10%

Purchase Details

Closed on
Oct 20, 2015
Sold by
Cafiso Anthony
Bought by
Rayment Robert Benjamin and Homan Rayment Anita Joan

Purchase Details

Closed on
Sep 7, 2004
Sold by
Norris Charles and Norris Julie
Bought by
Cafiso Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 24, 2003
Sold by
Norris Kathy V
Bought by
Norris Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,300
Interest Rate
4.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 3, 2003
Sold by
Wheeler Anthony S and Wheeler Patricia M
Bought by
Norris Waatani and Norris Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,300
Interest Rate
4.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 28, 1994
Sold by
Caulfield William James and Caulfield Helen Rackett
Bought by
Wheeler Anthony S and Wheeler Patricia M
Source: Public Records

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Range of Values:

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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
Shiraishi Shaun D $470,000 Corinthian Title Company
Cafiso Anthony -- Title 365
Rayment Robert Benjamin $505,000 Title 365
Cafiso Anthony $520,000 First American Title Co
Norris Charles -- First American Title Co
Norris Waatani $380,000 First American Title Co
Wheeler Anthony S -- South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shiraishi Shaun D $361,000
Closed Shiraishi Shaun D $364,000
Closed Shiraishi Shaun D $263,000
Previous Owner Cafiso Anthony $416,000
Previous Owner Norris Charles $48,700
Previous Owner Norris Waatani $255,300
Closed Cafiso Anthony $51,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $470,000 -6.0% $326 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
09/18/2016 09/18/16 Price Changed $499,900 -2.0% $347 / Sq Ft
09/06/2016 09/06/16 Price Changed $509,900 -1.9% $354 / Sq Ft
07/27/2016 07/27/16 Price Changed $519,900 -5.5% $361 / Sq Ft
07/13/2016 07/13/16 For Sale $549,900 +8.9% $382 / Sq Ft
12/22/2015 12/22/15 Sold $505,000 +1.2% $351 / Sq Ft
11/15/2015 11/15/15 Pending -- -- --
10/01/2015 10/01/15 For Sale $499,000 -- $347 / 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
2024 $6,926 $534,776 $250,320 $284,456
2023 $6,747 $524,291 $245,412 $278,879
2022 $6,692 $514,011 $240,600 $273,411
2021 $6,602 $503,933 $235,883 $268,050
2020 $6,403 $498,767 $233,465 $265,302
2019 $6,303 $488,988 $228,888 $260,100
2018 $6,172 $479,400 $224,400 $255,000
2017 $6,058 $470,000 $220,000 $250,000
2016 $6,396 $505,000 $240,000 $265,000
2015 $5,087 $385,000 $184,000 $201,000
2014 -- $385,000 $184,000 $201,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 160038737

San Diego MLS

APN: 486-361-05