NOT LISTED FOR SALE

Estimated Value: $1,164,000 - $1,443,147

3 Beds
2 Baths
1,601 Sq Ft
$806/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $985,000 $615 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $7,814/month

11 Days on Market

Highlights

  • Private Streets
  • Laundry Facilities
  • Gentle Sloping Lot
  • Grant K-8 Rated A-
  • Partially Fenced Property
  • 2-minute walk to West Lewis Street Pocket Park

About This Home

As of November 2021

In the exclusive neighborhood of North Mission Hills, discover your dream home with infinite opportunities to add your own touch. This rarely available craftsman style 2BR /1 BTH main home and a 1BR /1 BTH inlaw apartment is nestled into a private canyon, and located walking distance to restaurants, bars and cafes, yet tucked away on a quiet street. At the end of a quiet cul de sac, the home stairsteps into the canyon for maximum views, and a serene sense of privacy, with no neighbors on three sides. Live in one unit while getting rental income from the other, enjoy a guest house/apartment for family and friends, create a luxury home office or combine the units to make it the perfect single family home. Ideal location for a lucrative short-term rental as an Airbnb. Both spaces offer open living areas with expansive views of the canyon and surrounding neighborhood. The backyard provides a true garden oasis with endless ways to customize the space. The home is in an unbeatable location and represents a great value; within close proximity to grocery stores, shops, and the village of Mission Hills. Come and tour this charming home. Both units are ready for viewing and among the lowest priced homes in North Mission Hills!

Last Agent to Sell the Property

Caleb Murrell

FlyHomes, Inc License #02137981 Listed on: 09/22/2021

Co-Listed By

Dominique Henderson

FlyHomes, Inc License #02012766

Last Buyer's Agent

Patricia Del Campo

Real Broker License #02037806

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,579

Year Built

  • Built in 1938

Lot Details

  • 5,522 Sq Ft Lot
  • Private Streets
  • Partially Fenced Property
  • Gentle Sloping Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property

Utilities

  • Heating Available
  • Separate Water Meter
  • Water Heater
  • Septic System

Community Details

  • 2 Units
  • Laundry Facilities
  • Net Operating Income $47,982

Listing and Financial Details

  • Tenant pays for sewer, trash, water, electricity, gas/propane
  • Assessor Parcel Number 444-453-03-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,579

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Lewis and Eagle
  • Neighborhood: North Mission Hills
  • Stories: 2 Story
  • Sale Price List Price: 1.04
  • Total Stories: 2
  • Year Built: 1938
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Septic Installed
  • Water: Meter on Property
  • Water Heater Type: Electric
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Community: MISSION HILLS
  • Complex Features: Laundry Facilities

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Private Street
  • Topography: Slope Gentle
  • Zoning: R-3:RESTRI
  • Assessor Parcel Number: 444-453-03-00
  • Estimated Lot Sq Ft: 5522
  • Estimated Number of Acres: 0.13
  • Map Code Column: J
  • Map Code Page: 1268
  • Map Code Row: 5

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 47982
  • Annual Expense Actual: 1818
  • Gross Rent Multiplier Actual: 20.5
  • Gross Sched Income Actual: 49800
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Oct 13, 2021
Sold by
Lee Mark T and The Mark T Lee Trust
Bought by
Boothe Jason Michael
Seller's Agent
Caleb Murrell
FlyHomes, Inc
Buyer's Agent
Patricia Del Campo
Real Broker
List Price
$949,000
Sold Price
$985,000
Premium/Discount to List
$36,000
3.79%
Current Estimated Value
$1,290,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,037
Avg. Annual Appreciation
7.01%
Original Mortgage
$985,000
Outstanding Balance
$899,268
Interest Rate
2.88%
Mortgage Type
VA
Estimated Equity
$390,769

Purchase Details

Closed on
Oct 15, 1998
Sold by
Lee Mark T
Bought by
Lee Mark T

Purchase Details

Closed on
Jul 27, 1998
Sold by
Schwartz Marjorie L
Bought by
Lee Mark T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
6.93%

Purchase Details

Closed on
Aug 12, 1997
Sold by
Tim Macneil
Bought by
Schwartz Marjorie L

Purchase Details

Closed on
Feb 3, 1989
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
Boothe Jason Michael $985,000 Wfg Title Company Of Ca
Lee Mark T -- --
Lee Mark T $212,000 Fidelity National Title
Schwartz Marjorie L $210,000 Chicago Title Co
-- $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boothe Jason Michael $985,000
Previous Owner Lee Mark T $159,000
Closed Lee Mark T $31,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2021 11/05/21 Sold $985,000 +3.8% $615 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $949,000 -- $593 / 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 $12,579 $1,045,289 $848,966 $196,323
2024 $12,579 $1,024,794 $832,320 $192,474
2023 $12,385 $1,004,700 $816,000 $188,700
2022 $12,054 $985,000 $800,000 $185,000
2021 $3,844 $306,304 $161,479 $144,825
2020 $3,798 $303,164 $159,824 $143,340
2019 $3,731 $297,221 $156,691 $140,530
2018 $3,490 $291,394 $153,619 $137,775
2017 $3,407 $285,681 $150,607 $135,074
2016 $3,351 $280,080 $147,654 $132,426
2015 $3,302 $275,874 $145,437 $130,437
2014 $3,251 $270,471 $142,589 $127,882
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210026857

San Diego MLS

APN: 444-453-03