NOT LISTED FOR SALE

Estimated Value: $734,000 - $885,000

2 Beds
2 Baths
1,536 Sq Ft
$521/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $806,000 $525 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,647/month

25 Days on Market

Highlights

  • Fishing
  • Hiking Trails
  • Foothills
  • No HOA
  • Laundry Room
  • No Heating

About This Home

As of February 2024

3 bedroom 2 bath home with plenty of off street parking, secure yard, washer/dryer hookups with a great ADU-spacious 1 bed 1 bath apartment. With a 3 car garage, stackable washer and dryer and refrigerator. both currently tenant occupied.

Last Agent to Sell the Property

Jason Gire

Noble Real Estate Services License #01237921 Listed on: 11/15/2023

Last Buyer's Agent

Javier Hernandez

Compass License #02004707

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,739

Year Built

  • Built in 1942

Lot Details

  • 6,580 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Urban Location
  • No Heating

Listing and Financial Details

  • Tax Lot 08001
  • Tax Tract Number 2265
  • Assessor Parcel Number 5511120300
  • $33 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Foothills
  • Mountainous Community
  • Valley

Recreation

  • Fishing
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Building Details

  • Insurance Expense $2,400
  • Gross Income $57,600
  • Net Operating Income $49,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,739

Year Built

Built in 1942

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • CapRate: 6.00
  • Price Per Unit: 447950
  • Property Attached: No
  • View: No
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5511120300
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Front and Back
  • Common Walls: No Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 524.74

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Foothills, Gutters, Mountainous, Storm Drains, Street Lights, Urban, Valley, Biking, Dog Park, Fishing, Hiking, Park

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6580.00
  • Lot Size Acres: 0.1511

Multi Family

  • Gross Income: 57600.00
  • Gross Scheduled Income: 57600.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 6580.0000 Square Feet
  • Net Operating Income: 49600.00
  • Number Of Units Total: 2
  • Operating Expense: 8000.00
  • Rent Control: No

Tax Info

  • Tax Lot: 08001
  • Tax Tract Number: 002265
  • TaxOtherAnnualAssessmentAmount: 32.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2024
Sold by
Jean Alain and Delima Mercene
Bought by
Jean Alain and Jean Eugene Myriam
Current Estimated Value
$800,116

Purchase Details

Listed on
Nov 15, 2023
Closed on
Feb 28, 2024
Sold by
Jean Alain and Delima Mercene
Bought by
Jean Alain and Delima Mercene
Seller's Agent
Jason Gire
Noble Real Estate Services
Buyer's Agent
Javier Hernandez
Compass
List Price
$895,900
Sold Price
$806,000
Premium/Discount to List
-$89,900
-10.03%
Views
138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.17%
Original Mortgage
$779,099
Interest Rate
6.66%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 15, 2023
Closed on
Feb 23, 2024
Sold by
Dieudonne Marie Lourde
Bought by
Jean Alain
Seller's Agent
Jason Gire
Noble Real Estate Services
Buyer's Agent
Javier Hernandez
Compass
List Price
$895,900
Sold Price
$806,000
Premium/Discount to List
-$89,900
-10.03%
Views
138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$779,099
Interest Rate
6.66%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 15, 2023
Closed on
Feb 22, 2024
Sold by
Joseph Ginette
Bought by
Delima Mercene
Seller's Agent
Jason Gire
Noble Real Estate Services
Buyer's Agent
Javier Hernandez
Compass
List Price
$895,900
Sold Price
$806,000
Premium/Discount to List
-$89,900
-10.03%
Views
138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$779,099
Interest Rate
6.66%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 15, 2023
Closed on
Dec 28, 2023
Sold by
Sara I Sandoval Living Trust
Bought by
Jean Alain and Delima Mercene
Seller's Agent
Jason Gire
Noble Real Estate Services
Buyer's Agent
Javier Hernandez
Compass
List Price
$895,900
Sold Price
$806,000
Premium/Discount to List
-$89,900
-10.03%
Views
138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$779,099
Interest Rate
6.66%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 2021
Sold by
Sara I Sandoval Living Trust
Bought by
Sara I Sandoval Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
3.08%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 13, 2020
Sold by
Sandova Sara
Bought by
Sandoval Sara I and The Sara J Sandoval Living Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,400
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2019
Sold by
Sandoval Sara
Bought by
Sandoval Sara I and Sara I Sandoval Living Trust

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
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2014
Sold by
Sandoval Sara Irma and Reyes Sara Irma
Bought by
Sandoval Sara I

Purchase Details

Closed on
May 16, 2000
Sold by
Sandoval Sara L
Bought by
Sandoval Raul F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,850
Interest Rate
8.08%

Purchase Details

Closed on
May 31, 1984
Source: Public Records

Range of Values:

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Average Value
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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
Jean Alain -- None Listed On Document
Eugene Myriam -- None Listed On Document
Jean Alain -- None Listed On Document
Jean Alain -- None Listed On Document
Jean Alain -- First American Title
Delima Mercene -- First American Title
Jean Alain $806,000 First American Title
Sara I Sandoval Living Trust -- Lawyers Title
Sandoval Sara I -- Fidelity National Title Co
Sandoval Sara -- Fidelity Natl Ttl San Diego
Sandoval Sara I -- Lawyers Title Sd
Sandoval Sara -- Lawyers Title Sd
Sandoval Sara I -- None Available
Sandoval Raul F -- United Title Company
-- $47,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delima Mercene $779,099
Previous Owner Sara I Sandoval Living Trust $840,000
Previous Owner Sara I Sandoval Living Trust $0
Previous Owner Sara I Sandoval Living Trust $840,000
Previous Owner Sandoval Sara I $50,000
Previous Owner Sandoval Sara $231,400
Previous Owner Sandoval Sara $225,000
Previous Owner Sandoval Raul F $150,000
Previous Owner Sandoval Raul F $73,900
Previous Owner Sandoval Raul F $70,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $806,000 -10.0% $525 / Sq Ft
12/10/2023 12/10/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $895,900 -- $583 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,739 $822,120 $663,000 $159,120
2024 $2,739 $220,205 $96,140 $124,065
2023 $2,678 $215,888 $94,255 $121,633
2022 $783 $211,656 $92,407 $119,249
2021 $772 $207,507 $90,596 $116,911
2020 $797 $205,381 $89,668 $115,713
2019 $796 $201,355 $87,910 $113,445
2018 $769 $197,408 $86,187 $111,221
2017 $765 $193,539 $84,498 $109,041
2016 $2,258 $189,745 $82,842 $106,903
2015 $1,767 $147,896 $81,598 $66,298
2014 $1,420 $117,831 $61,477 $56,354
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2305659

California Regional Multiple Listing Service (CRMLS)

APN: 551-112-03