NOT LISTED FOR SALE

Estimated Value: $856,703 - $1,011,000

4 Beds
2 Baths
1,440 Sq Ft
$660/Sq Ft Est. Value

Last Sold March 09, 2018

Last sale price $580,000 $403 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,889/month

5 Days on Market

Highlights

  • Partially Fenced Property
  • Grossmont High School Rated A
  • 4-minute walk to Northmont Park

About This Home

As of March 2018

Excellent 2 unit opportunity! Live in one and rent the other or keep both existing tenants! Separate meters, garages, and yards! Great location! Nearby schools, shopping, and commute.

Last Agent to Sell the Property

Joe Mendoza

eXp Realty of Southern California, Inc. License #01234540 Listed on: 01/30/2018

eXp Realty of Southern California, Inc.

Last Buyer's Agent

Brad Ihde

AARE License #01308930

AARE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,502

Year Built

  • Built in 1953

Lot Details

  • 6,447

Home Design

  • Composition Roof
  • Stucco Exterior

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • Partially Fenced Property

Listing and Financial Details

  • Tenant pays for cable TV, gas/propane
  • Assessor Parcel Number 486-391-05-00

Community Details

Overview

  • 2 Units
  • La Mesa Community

Building Details

  • Net Operating Income $38,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,502

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: Gregory Street
  • 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
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Cooling: Wall/Window
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: La Mesa
  • Community: LA MESA

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 486-391-05-00

Rental Info

  • Tenant Pays: Cable TV, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 38880
  • Annual Expense Actual: 1500
  • Gross Rent Multiplier Actual: 13.0
  • Gross Sched Income Actual: 38880
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dryers: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 1
  • Number Of Units With Washers: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2019
Sold by
Ozgunduz John A and Ozgunduz Carla J
Bought by
Ozgunduz John A and Ozgunduz Carla J
Current Estimated Value
$950,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2019
Sold by
Ozgunduz John A and Ozgunduz Carla J
Bought by
Ozgunduz John A and Ozgunduz Carla J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 30, 2018
Closed on
Feb 9, 2018
Sold by
Jauregul Jerry Jay and Jeuregul Norma A
Bought by
Ozgunduz John A and Ozgunduz Carla L
Seller's Agent
Joe Mendoza
eXp Realty of Southern California, Inc.
Buyer's Agent
Brad Ihde
AARE
List Price
$620,000
Sold Price
$580,000
Premium/Discount to List
-$40,000
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$280,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2005
Sold by
Jauregui Jerry Jay and Jauregui Norma A
Bought by
Jauregui Jerry Jay and Jauregui Norma A

Purchase Details

Closed on
Mar 18, 1998
Sold by
Jauregui Jerry J and Jauregui Norma A
Bought by
Jaregui Jerry Jay and Jauregui Norma A

Purchase Details

Closed on
Apr 12, 1996
Sold by
Jauregui Jerry Jay
Bought by
Jauregui Jerry Jay and Jauregui Norma A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ozgunduz John A -- None Available
Ozgunduz John A -- Western Resource Title Co
Ozgunduz John A $580,000 Stewart Title Of California
Jauregui Jerry Jay -- --
Jaregui Jerry Jay -- --
Jauregui Jerry Jay -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ozgunduz John A $325,100
Closed Ozgunduz John A $330,000
Closed Ozgunduz John A $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2018 03/09/18 Sold $580,000 -6.5% $403 / Sq Ft
02/05/2018 02/05/18 Pending -- -- --
01/30/2018 01/30/18 For Sale $620,000 -- $431 / 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 $8,502 $659,932 $274,000 $385,932
2024 $8,502 $646,993 $268,628 $378,365
2023 $8,236 $634,308 $263,361 $370,947
2022 $8,094 $621,872 $258,198 $363,674
2021 $7,945 $609,680 $253,136 $356,544
2020 $7,704 $603,430 $250,541 $352,889
2019 $7,583 $591,599 $245,629 $345,970
2018 $2,275 $143,783 $59,698 $84,085
2017 $2,269 $140,965 $58,528 $82,437
2016 $2,201 $138,202 $57,381 $80,821
2015 $2,164 $136,127 $56,520 $79,607
2014 $2,082 $133,461 $55,413 $78,048
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 180005082

San Diego MLS

APN: 486-391-05