NOT LISTED FOR SALE

Estimated Value: $823,000 - $1,064,000

3 Beds
2 Baths
1,290 Sq Ft
$748/Sq Ft Est. Value

Last Sold January 30, 2015

Last sale price $360,000 $279 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $5,531/month

5 Days on Market

Highlights

  • Partially Fenced Property
  • Heating System Uses Natural Gas
  • 1-Story Property

About This Home

As of January 2015

Duplex located near Downtown Chula Vista,close to shops,stores and schools. Well cared for units,with one tenant on month to month terms and one tenant on a year lease.Front unit is a 2/1 and back unit is a 1/1 with attached garage. Plenty of space in the back of the lot for a future project or other use. Kitchen and bathrooms are still in the style of the 50's but in good condition. Neighborhoods: Chula Vista Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 613 Garret Unit # for Unit 2: 615 Garret Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Greg Butler

Jon Miller Realty License #01258713 Listed on: 10/23/2014

Last Buyer's Agent

raquel castle

Raquel Castle Realty License #00980736

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • Partially Fenced Property
  • Sprinkler System

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 5731600400

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Garrett

Building Details

  • Net Operating Income $16,075

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

8,886 Sq Ft Lot

Listing Details

  • CapRate: 0.04
  • Park Name: Garrett
  • Subdivision Name Other: Chula Vista
  • View: No
  • Zoning: R-1
  • Property Type: Residential Income
  • Parcel Number: 5731600400
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Roof: Composition
  • Spa: No

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas

Lot Info

  • Lot Features: Sprinkler System

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 23075.00
  • Net Operating Income: 16075.00
  • Number Of Units Total: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2018
Sold by
Miranda Gabriella
Bought by
Medrano Luis E
Current Estimated Value
$909,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$173,330
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$792,107

Purchase Details

Closed on
Jul 10, 2018
Sold by
Roland Vanessa D
Bought by
Medrano Luis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$173,330
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$792,107

Purchase Details

Listed on
Oct 23, 2014
Closed on
Jan 26, 2015
Sold by
Levingston Ira
Bought by
Roland Vanessa D
Seller's Agent
Greg Butler
Jon Miller Realty
Buyer's Agent
raquel castle
Raquel Castle Realty
List Price
$360,000
Sold Price
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
Original Mortgage
$270,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 23, 2014
Closed on
Dec 22, 2014
Sold by
King Joan V
Bought by
Roland Vanessa
Seller's Agent
Greg Butler
Jon Miller Realty
Buyer's Agent
raquel castle
Raquel Castle Realty
List Price
$360,000
Sold Price
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2007
Sold by
King Joan Victoria
Bought by
King William H and King Joan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Medrano Luis E -- Chicago Title Company
Medrano Luis E $749,000 Chicago Title Company
Roland Vanessa D -- Chicago Title Company
Roland Vanessa $360,000 Chicago Title Company
King William H -- None Available
King Joan Victoria -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medrano Luis E $200,000
Previous Owner Roland Vanessa D $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2015 01/30/15 Sold $360,000 0.0% $279 / Sq Ft
10/28/2014 10/28/14 Pending -- -- --
10/23/2014 10/23/14 For Sale $360,000 -- $279 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,609 $835,518 $446,205 $389,313
2024 $9,609 $819,136 $437,456 $381,680
2023 $9,479 $803,076 $428,879 $374,197
2022 $9,207 $787,330 $420,470 $366,860
2021 $8,994 $771,893 $412,226 $359,667
2020 $8,778 $763,980 $408,000 $355,980
2019 $8,551 $749,000 $400,000 $349,000
2018 $5,680 $494,494 $169,001 $325,493
2017 $4,969 $432,799 $165,688 $267,111
2016 $5,113 $365,490 $162,440 $203,050
2015 $724 $61,092 $30,546 $30,546
2014 $713 $59,896 $29,948 $29,948
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 140057747

California Regional Multiple Listing Service (CRMLS)

APN: 573-160-04

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