NOT LISTED FOR SALE
5 Beds
2 Baths
1,471 Sq Ft
1940 Built

Sale Details

Date Sold: June 22, 2020

Last sale price $595,000 $404 Per Sq Ft

7 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • 1-Story Property

About This Home

As of June 2020

Two on 1!! Here is your chance to live in one and rent the other or as an investment! Front house remodeled with new kitchen cabinets, new flooring, paint, ... you will love this! Let the tenant help with your mortgage and enjoy single home living! One car garage (with washer and dryer hookups) and yard is yours to enjoy! Investors put a tenant in the front house and let the money roll in! Front house may rent for between $2350. Back house has a very large fenced yard. Rent in back $1860 as of 7/1/2020. Listing agent is part owner. Buyer to Verify information contained in listing prior to close of escrow. Seller may choose to do a 1031 Exchange at no cost to buyer. Not planning to do so at this point but leaving the option open. Please do not go into the back yard at any time without agt approval. Back house shown with accepted offer only. Do not disturb tenants. They are not aware of sale. Neighborhoods: Lemon Grove Other Fees: 0 Unit # for Unit 1: 7080 Unit # for Unit 2: 7082 Number of Furnished Units: 0

Last Agent to Sell the Property

LINDA MACKEY

Independence Realty License #01371041 Listed on: 05/11/2020

Last Buyer's Agent

Ines Polanco-Silva

ROA California Inc License #01361399

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Combination Of Heating Systems

Listing and Financial Details

  • Tenant pays for trash collection, cable TV, electricity
  • Assessor Parcel Number 4791301600

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • unk

Building Details

  • Net Operating Income $31,185

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Listing Details

  • Park Name: unk
  • Subdivision Name Other: Lemon Grove
  • Property Type: Residential Income
  • Parcel Number: 4791301600
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Levels: One

Utilities

  • Heating: Yes
  • Heating Type: Combination, Floor Furnace
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Rental Info

  • Tenant Pays: Trash Collection, Cable TV, Electricity

Multi Family

  • Gross Scheduled Income: 38301.00
  • Net Operating Income: 31185.00
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
May 28, 2020
Sold by
Bought by
Seller's Agent
LINDA MACKEY
Independence Realty
Buyer's Agent
Ines Polanco-Silva
ROA California Inc
List Price
$599,000
Sold Price
$595,000
Premium/Discount to List
-$4,000
-0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,223
Interest Rate
0.032%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 4, 2014
Closed on
Aug 18, 2014
Sold by
Bought by
Seller's Agent
Luis Terriquez
Elite Homes Realty
Buyer's Agent
Luis Terriquez
Elite Homes Realty
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.46%

Purchase Details

Closed on
Sep 11, 2012
Sold by
Bought by

Purchase Details

Closed on
May 11, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,250
Interest Rate
0.1275%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,250
Interest Rate
0.1275%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 4, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
0.0939%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 23, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
0.0939%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 27, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
0.0565%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 18, 1996
Sold by
Bought by

Purchase Details

Closed on
Dec 2, 1991

Purchase Details

Closed on
Feb 1, 1991

Purchase Details

Closed on
Jul 19, 1990
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$595,000 First American Title
$280,000 Title365
$224,999 None Available
-- Accommodation
-- Accommodation
-- Commonwealth Land Title Co
-- None Available
-- Old Republic Title Company
-- --
$173,700 --
$170,000 --
$115,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $584,223
Previous Owner $354,250
Previous Owner $225,000
Previous Owner $70,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/22/2020 06/22/20 Sold $595,000 -0.7% $404 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $599,000 +110.2% $407 / Sq Ft
08/25/2014 08/25/14 Sold $285,000 0.0% $194 / Sq Ft View Prior Sale
08/08/2014 08/08/14 Pending -- -- --
08/04/2014 08/04/14 For Sale $285,000 -- $194 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,920 $650,715 $437,456 $213,259
2024 $8,920 $637,957 $428,879 $209,078
2023 $8,703 $625,449 $420,470 $204,979
2022 $8,659 $613,186 $412,226 $200,960
2021 $8,631 $601,164 $404,144 $197,020
2020 $5,048 $307,698 $116,240 $191,458
2019 $4,970 $301,665 $113,961 $187,704
2018 $4,856 $295,751 $111,727 $184,024
2017 $150 $289,953 $109,537 $180,416
2016 $4,596 $284,269 $107,390 $176,879
2015 $4,573 $280,000 $105,777 $174,223
2014 $3,833 $226,020 $85,385 $140,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200021155

California Regional Multiple Listing Service (CRMLS)

APN: 479-130-16-00

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