NOT LISTED FOR SALE

7095 Central Ave Lemon Grove, CA 91945

Estimated Value: $796,000 - $908,000

4 Beds
2 Baths
1,520 Sq Ft
$572/Sq Ft Est. Value

Last Sold November 02, 2022

Last sale price $769,000 $506 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,433/month

7 Days on Market

Highlights

  • 16,117 Sq Ft lot
  • Partially Fenced Property
  • Level Lot
  • 1-Story Property

About This Home

As of November 2022

Duplex on HUGE 16,000 sqft RM Zoned lot with tons of potential. Live in one and rent the other for income or keep it as an investment property with potential to build two separate ADUs on the back of the lot and convert the garage areas into an ADU to create a legal 5 unit property. Recent exterior renovation including new paint and landscaping. The existing property consists of two 2b1/1bth 760sqft units each with their own private yards. Great floorplans and lots of windows for natural light throughout. Each unit has it's own attached garage. Washer/Dryer hookups for each.

Last Agent to Sell the Property

Brian Ruhl

LPT Realty,Inc License #01493664 Listed on: 09/08/2022

LPT Realty,Inc

Last Buyer's Agent

Ruben Aceves

BuySDHouses License #02034732

BuySDHouses

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,768

Year Built

  • 1958

Lot Details

  • 0.37 Acre Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas/propane, fees
  • Assessor Parcel Number 479-200-08-00

Community Details

Overview

  • 2 Units
  • Duplex Community

Building Details

  • Net Operating Income $35,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,768

Year Built

1958

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: East County
  • Cross Street: Florine Drive
  • Neighborhood: Lemon Grove
  • LP / Sq Ft: 14.99
  • Stories: 1 Story
  • Sale Price List Price: 0.99
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Exterior Features

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

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: Duplex
  • Community: LEMON GROVE

Lot Info

  • Lot Size: .25 to .5 AC
  • Topography: Level
  • Assessor Parcel Number: 479-200-08-00
  • Estimated Lot Sq Ft: 16117

Rental Info

  • Tenant Pays: Electricity, Gas/Propane, Other Fees

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 35080
  • Annual Expense Actual: 3500
  • Gross Sched Income Actual: 38580
  • Gross Sched Income Projected: 55200
  • Number Of Buildings: 1
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Sep 19, 2022
Sold by
Saleh Paul A
Bought by
Perez Rosela Hernandez
Seller's Agent
Brian Ruhl
LPT Realty,Inc
Buyer's Agent
Ruben Aceves
BuySDHouses
List Price
$769,000
Sold Price
$769,000
Current Estimated Value
$832,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,538
Avg. Annual Appreciation
2.71%
Original Mortgage
$640,007
Outstanding Balance
$619,236
Interest Rate
6.7%
Mortgage Type
FHA
Estimated Equity
$209,576

Purchase Details

Closed on
Nov 13, 2014
Sold by
Saleh Amanda
Bought by
Saleh Paul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2014
Sold by
Martin Patricia J
Bought by
Saleh Paul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2012
Sold by
Martin Patricia J
Bought by
Brown Kurtis and Brown Alysa

Purchase Details

Closed on
Mar 28, 2005
Sold by
Weld John L and Weld Norma C
Bought by
Martin Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 12, 2000
Sold by
Weld Norma C and Miller Norma C
Bought by
Weld John L and Weld Norma C
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
Perez Rosela Hernandez $769,000 First American Title
Saleh Paul A -- Fidelity National Title Co
Saleh Paul A $262,000 Fidelity National Title Co
Brown Kurtis -- None Available
Martin Patricia J $480,000 Commonwealth Title
Weld John L -- Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Rosela Hernandez $640,007
Previous Owner Saleh Paul A $201,000
Previous Owner Saleh Paul A $196,500
Previous Owner Martin Patricia J $91,800
Previous Owner Martin Patricia J $384,000
Closed Martin Patricia J $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2022 11/02/22 Sold $769,000 -0.8% $506 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
09/15/2022 09/15/22 Price Changed $775,000 +0.8% $510 / Sq Ft
09/08/2022 09/08/22 For Sale $769,000 -- $506 / 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 $10,768 $863,065 $396,979 $466,086
2024 $10,768 $784,379 $389,196 $395,183
2023 $10,501 $769,000 $381,565 $387,435
2022 $4,941 $296,717 $147,226 $149,491
2021 $4,887 $290,900 $144,340 $146,560
2020 $4,818 $287,918 $142,860 $145,058
2019 $4,734 $282,273 $140,059 $142,214
2018 $4,625 $276,739 $137,313 $139,426
2017 $4,548 $271,314 $134,621 $136,693
2016 $4,375 $265,995 $131,982 $134,013
2015 $4,353 $262,000 $130,000 $132,000
2014 $4,631 $293,000 $128,000 $165,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220023158

San Diego MLS

APN: 479-200-08