NOT LISTED FOR SALE

Estimated Value: $922,000 - $1,027,000

4 Beds
2 Baths
1,440 Sq Ft
$686/Sq Ft Est. Value

Last Sold March 21, 2022

Last sale price $898,000 $624 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,128/month

5 Days on Market

Highlights

  • Mountain View
  • Zoned Heating and Cooling
  • Level Lot
  • Grossmont High School Rated A-
  • Partially Fenced Property
  • 4-minute walk to Northmont Park

About This Home

As of March 2022

2 unit income property in a prime La Mesa location. 2 units each featuring 2 bedrooms, 1 bathroom, private garage, large exclusive use yards and laundry hookups. Both units have updated cabinets and granite countertops. The upper unit has an expansive private use deck with view of Mt. Helix and the surrounding area. The property comes with stable renters, seperate gas meters and is situated on a large lot. Walking distance to park and recreational area.

Last Agent to Sell the Property

Daniel Aguilar

Galaxy Realty License #01904453 Listed on: 02/22/2022

Last Buyer's Agent

Valerie Bushree

Berkshire Hathaway HomeServices California Properties License #00996339

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • 1952

Lot Details

  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Mountain Views

Utilities

  • Zoned Heating and Cooling
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $37,872

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 486-321-13-00

Property Details

Home Type

Multi-Family

Year Built

1952

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: East County
  • Cross Street: Severin
  • Neighborhood: Severin Manor/Fletcher Hills
  • Stories: 2 Story
  • Sale Price List Price: 1.05
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition
  • View: Mountains/Hills

Utilities

  • Cooling: Zoned Area(s)
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Zoned Areas

Condo/Co-op/Association

  • Community: LA MESA

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Assessor Parcel Number: 486-321-13-00

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 37872
  • Gross Rent Multiplier Actual: 19.6
  • 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 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
Feb 22, 2022
Closed on
Mar 8, 2022
Sold by
Torpey Daniel A
Bought by
Daniel A Torpey Trust
Seller's Agent
Daniel Aguilar
Galaxy Realty
Buyer's Agent
Valerie Bushree
Berkshire Hathaway HomeServices California Properties
List Price
$855,000
Sold Price
$898,000
Premium/Discount to List
$43,000
5.03%
Current Estimated Value
$987,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,182
Avg. Annual Appreciation
2.45%
Original Mortgage
$673,500
Outstanding Balance
$628,121
Interest Rate
3.76%
Mortgage Type
Balloon
Estimated Equity
$359,061

Purchase Details

Listed on
Feb 22, 2022
Closed on
Mar 3, 2022
Sold by
Dahlena Holdings Llc
Bought by
Torpey Daniel A
Seller's Agent
Daniel Aguilar
Galaxy Realty
Buyer's Agent
Valerie Bushree
Berkshire Hathaway HomeServices California Properties
List Price
$855,000
Sold Price
$898,000
Premium/Discount to List
$43,000
5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$673,500
Outstanding Balance
$628,121
Interest Rate
3.76%
Mortgage Type
Balloon
Estimated Equity
$359,061

Purchase Details

Closed on
Jun 29, 2018
Sold by
Sparacino Demetrios A
Bought by
Dahlena Holdings Llc

Purchase Details

Closed on
Mar 9, 2018
Sold by
Guerrero Mario C and Guerrero Imelda Lopez
Bought by
Sparacino Demetrios A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2018
Sold by
Custodio Lesley Anne Carlos
Bought by
Sparacino Demetrios A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2015
Sold by
Carrillo Properties Investments Llc
Bought by
Guerrero Mario A and Guerrero Imelda Lopez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,930
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2014
Sold by
Cooper Susan A
Bought by
Carrillo Property Investments Llc
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
Daniel A Torpey Trust -- Lawyers Title
Torpey Daniel A -- Lawyers Title
Torpey Daniel A $898,000 Lawyers Title
Dahlena Holdings Llc -- None Available
Sparacino Demetrios A $625,000 Lawyers Title
Sparacino Demetrios A -- Lawyers Title
Guerrero Mario A $480,000 California Title Company
Carrillo Property Investments Llc $300,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torpey Daniel A $673,500
Previous Owner Sparacino Demetrios A $375,000
Previous Owner Guerrero Mario A $335,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2022 03/21/22 Sold $898,000 +5.0% $624 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/22/2022 02/22/22 For Sale $855,000 -- $594 / Sq Ft
Source: San Diego MLS

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 $12,009 $952,961 $317,717 $635,244
2024 $12,009 $934,277 $311,488 $622,789
2023 $11,631 $915,959 $305,381 $610,578
2022 $8,765 $670,121 $223,419 $446,702
2021 $8,603 $656,983 $219,039 $437,944
2020 $8,374 $650,248 $216,794 $433,454
2019 $8,204 $637,499 $212,544 $424,955
2018 $6,631 $499,287 $166,464 $332,823
2017 $50 $489,498 $163,200 $326,298
2016 $6,375 $479,900 $160,000 $319,900
2015 $4,270 $300,000 $129,334 $170,666
2014 $1,659 $72,517 $31,263 $41,254
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220003953

San Diego MLS

APN: 486-321-13