NOT LISTED FOR SALE

Estimated Value: $1,519,000 - $1,827,000

8 Beds
5 Baths
3,713 Sq Ft
$444/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $1,476,000 $398 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $10,615/month

6 Days on Market

Highlights

  • RV Access or Parking
  • Property is Fully Fenced
  • Level Lot
  • Satellite Dish

About This Home

As of September 2023

Investor special! Two 4 bedroom units with appraiser projected rents of $7200! Amazing opportunity to renovate and possibly add an additional dwelling unit and/or square footage for additional income. Detached garage has existing water and sewer service. Lots of new construction/rehab projects in this neighborhood indicates upside potential. Great central location is close to USD, Mission Valley, Mesa College and Mission Beach. Property has been owned and occupied by the same family since it was built and this is the first time it's been on the market.

Last Agent to Sell the Property

Tom Caskey

eXp Realty of California, Inc. License #00950981 Listed on: 07/26/2023

eXp Realty of California, Inc.

Co-Listed By

Connie Morris

Seven Gables Real Estate License #00932776

Last Buyer's Agent

Addie Jacobs

Rise Realty License #02058045

Rise Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,198

Year Built

  • Built in 1942

Lot Details

  • Property is Fully Fenced
  • Level Lot
  • Irrigation

Parking

  • RV Access or Parking

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Separate Water Meter
  • Gas Water Heater
  • Satellite Dish

Community Details

  • 2 Buildings
  • 2 Units
  • Linda Vista Community

Listing and Financial Details

  • Assessor Parcel Number 431*520-49-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,198

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro
  • Cross Street: Drescher Street
  • Neighborhood: Linda Vista
  • Stories: 2 Story
  • Sale Price List Price: 1.06
  • Total Stories: 2
  • Year Built: 1942
  • 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: Full
  • Roof: Composition

Garage/Parking

  • Parking for RV: On-Site Parking

Utilities

  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Satellite Dish
  • Heat Equipment: Forced Air Unit, Radiant

Condo/Co-op/Association

  • Complex Name: Linda Vista
  • Community: LINDA VISTA

Lot Info

  • Irrigation: Manual
  • Lot Size: 7,500-10,889 SF
  • Site: Street Paved
  • Topography: Level
  • Assessor Parcel Number: 431*520-49-00

Multi Family

  • No. of Units: 2
  • Gross Rent Multiplier Actual: 230.0
  • Gross Sched Income Actual: 7200
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2023
Closed on
Aug 17, 2023
Sold by
Coyle Walter R
Bought by
Starboard I Va 7 Llc
Seller's Agent
Tom Caskey
eXp Realty of California, Inc.
Buyer's Agent
Addie Jacobs
Rise Realty
List Price
$1,399,000
Sold Price
$1,476,000
Premium/Discount to List
$77,000
5.5%
Views
38
Current Estimated Value
$1,647,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,161
Avg. Annual Appreciation
5.21%
Original Mortgage
$875,166
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2020
Sold by
Coyle Elizabeth A and Coyle Leonard S
Bought by
Coyle Elizabeth A and Coyle Leonard S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,400
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2010
Sold by
Coyle Hilda
Bought by
Coyle Elizabeth A and Coyle Leonard S

Purchase Details

Closed on
Mar 2, 2009
Sold by
Coyle Leonard S
Bought by
Coyle Elizabeth A and Coyle Leonard S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2005
Sold by
Coyle Leonard S
Bought by
Coyle Elizabeth A and Coyle Leonard S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 10, 1999
Sold by
Coyle Elizabeth A
Bought by
Coyle Elizabeth A and Coyle Leonard S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.01%
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
Starboard I Va 7 Llc $1,476,000 First American Title
Coyle Elizabeth A -- Orange Coast Title
Coyle Elizabeth A -- None Available
Coyle Elizabeth A -- Chicago Title Company
Coyle Leonard S -- Chicago Title Company
Coyle Elizabeth A -- --
Coyle Leonard S -- Fidelity National Title Co
Coyle Elizabeth A -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starboard I Va 3 Llc $1,936,348
Closed Starboard I Va 7 Llc $875,166
Previous Owner Coyle Elizabeth A $279,400
Previous Owner Coyle Leonard S $350,000
Previous Owner Coyle Leonard S $350,000
Previous Owner Coyle Elizabeth A $246,000
Previous Owner Coyle Elizabeth A $195,000
Previous Owner Coyle Elizabeth A $115,000
Previous Owner Coyle Elizabeth A $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $1,476,000 +5.5% $398 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $1,399,000 -- $377 / 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 $18,198 $1,505,520 $1,101,600 $403,920
2024 $18,198 $1,476,000 $1,080,000 $396,000
2023 $13,921 $1,137,587 $762,382 $375,205
2022 $2,242 $192,783 $23,706 $169,077
2021 $2,220 $189,004 $23,242 $165,762
2020 $2,188 $187,067 $23,004 $164,063
2019 $2,143 $183,400 $22,553 $160,847
2018 $2,003 $179,805 $22,111 $157,694
2017 $1,953 $176,280 $21,678 $154,602
2016 $1,914 $172,824 $21,253 $151,571
2015 $1,884 $170,229 $20,934 $149,295
2014 $1,852 $166,895 $20,524 $146,371
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230014444

San Diego MLS

APN: 431-520-49