NOT LISTED FOR SALE

Estimated Value: $1,744,000 - $2,601,000

9 Beds
9 Baths
4,411 Sq Ft
$507/Sq Ft Est. Value

Last Sold February 01, 2017

Last sale price $1,190,000 $270 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $13,937/month

13 Days on Market

About This Home

As of February 2017

A 3 TOWNHOMES INVESTMENT OPPORTUNITY! were constructed throughout 2011 and 2012; hard to find in Linda Vista, San Diego! Each unit has spacious airy open floor plans with over 1,400 SF and feature 3 Beds and 2.5 Baths, dual-paned windows, central A/C, hardwood floors in common areas, granite countertops, 9 foot ceilings on the first floor, recessed lighting, individual water meters, and laundry hook ups in the units. This property has approximately 7 parking spaces in a gated parking area, and much more The information contained herein has been obtained from sources believed reliable. Lely Realty & Mortgage (LRM) does not doubt the accuracy, but we have not verified public records, including but not limited to permits, lot size, number of rooms, age of property, zoning of property, use of property or square footage, and make no guarantee, warranty or representations. Buyers and Buyers agent to verify all before the close of escrow.

Last Agent to Sell the Property

Jack Phan

Lely Realty & Mortgage License #01972270 Listed on: 11/10/2016

Last Buyer's Agent

Betty Parakkal

First Team Real Estate License #01934142

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,745

Year Built

  • Built in 2011

Lot Details

  • 8,494

Parking

  • Automatic Gate

Home Design

  • Clay Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Gated Home

Community Details

  • 3 Units
  • Net Operating Income $53,848

Listing and Financial Details

  • Tenant pays for water, electricity, gas/propane
  • Assessor Parcel Number 432-241-01-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,745

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro
  • Cross Street: ULRIC
  • Neighborhood: LINDA VISTA
  • Supplement: The information contained herein has been obtained from sources believed reliable. Lely Realty & Mortgage (LRM) does not doubt the accuracy, but we have not verified public records, including but not limited to permits, lot size, number of rooms, age of property, zoning of property, use of property or square footage, and make no guarantee, warranty or representations. Buyers and Buyers agent to verify all before the close of escrow.
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 2011
  • 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: Gate
  • Roof: Tile/Clay

Utilities

  • Cooling: Central Forced Air
  • Security: Automatic Gate

Condo/Co-op/Association

  • Community: LINDA VISTA

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Assessor Parcel Number: 432-241-01-00
  • Land Use Code: 3

Rental Info

  • Tenant Pays: Water, Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 53848
  • Annual Expense Actual: 15993
  • Annual Expense Projected: 15993
  • Gross Rent Multiplier Actual: 16.3
  • Gross Rent Multiplier Projected: 14.2
  • Gross Sched Income Actual: 72000
  • Gross Sched Income Projected: 82800
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 3
  • Number Of Units With Dryers: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2016
Closed on
Jan 4, 2017
Sold by
Phan Tho Gia
Bought by
Boubion Jorge J and Boubion Marina
Seller's Agent
Jack Phan
Lely Realty & Mortgage
Buyer's Agent
Betty Parakkal
First Team Real Estate
List Price
$1,190,000
Sold Price
$1,190,000
Total Days on Market
13
Current Estimated Value
$2,234,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,044,348
Avg. Annual Appreciation
6.61%
Original Mortgage
$825,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 1, 2015
Sold by
Phan Tho
Bought by
Phan Tho Gia

Purchase Details

Closed on
Nov 8, 2012
Sold by
P & T Group Investments Inc
Bought by
Phan Tho

Purchase Details

Closed on
May 3, 2012
Sold by
P & T Group Investment Inc
Bought by
To Thai N

Purchase Details

Closed on
Apr 28, 2011
Sold by
P & T Group Investment Inc
Bought by
P & T Group Investment Inc

Purchase Details

Closed on
Mar 23, 2009
Sold by
Phan Tho
Bought by
P & T Group Investment Inc

Purchase Details

Closed on
Oct 29, 2008
Sold by
Nguyen Yvonne
Bought by
Phan Tho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 12, 2008
Sold by
Nious Tina
Bought by
Phan Tho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 14, 2005
Sold by
Nious Tina and Henry Tina
Bought by
Nious Tina

Purchase Details

Closed on
Apr 1, 1998
Sold by
Valdez Alfredo B and Valdez Rizalina F
Bought by
Henry Tina

Purchase Details

Closed on
Nov 18, 1996
Sold by
Valdez Alfredo B and Valdez Rizalina F
Bought by
Valdez Alfredo B and Valdez Rizalina F

Purchase Details

Closed on
May 9, 1988
Source: Public Records

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Range of Values:

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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
Boubion Jorge J $1,190,000 First American Title Company
Phan Tho Gia -- None Available
Phan Tho -- None Available
To Thai N -- None Available
P & T Group Investment Inc -- None Available
P & T Group Investment Inc -- None Available
Phan Tho -- American Coast Title
Phan Tho $320,000 American Coast Title
Nious Tina -- New Century Title Company
Nious Tina -- New Century Title Company
Henry Tina $135,000 Fidelity National Title
Valdez Alfredo B -- --
-- $121,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boubion Jorge J $787,731
Closed Boubion Jorge J $825,000
Previous Owner Phan Tho $208,000
Previous Owner Nious Tina $250,600
Previous Owner Nious Tina $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2017 02/01/17 Sold $1,190,000 0.0% $270 / Sq Ft
11/23/2016 11/23/16 Pending -- -- --
11/10/2016 11/10/16 For Sale $1,190,000 -- $270 / 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
2024 $16,745 $1,354,013 $728,209 $625,804
2023 $16,377 $1,327,465 $713,931 $613,534
2022 $15,939 $1,301,437 $699,933 $601,504
2021 $15,823 $1,275,919 $686,209 $589,710
2020 $15,605 $1,262,837 $679,173 $583,664
2019 $15,323 $1,238,076 $665,856 $572,220
2018 $14,327 $1,213,800 $652,800 $561,000
2017 $8,783 $745,067 $266,296 $478,771
2016 $8,637 $730,459 $261,075 $469,384
2015 $8,510 $719,488 $257,154 $462,334
2014 $8,377 $705,395 $252,117 $453,278
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 160060545

San Diego MLS

APN: 432-241-01