NOT LISTED FOR SALE

7223 Balkis Ln Unit 25 Lemon Grove, CA 91945

Estimated Value: $797,484 - $925,000

5 Beds
2 Baths
2,050 Sq Ft
$417/Sq Ft Est. Value

Last Sold September 13, 2012

Last sale price $290,000 $141 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $5,223/month

112 Days on Market

Highlights

  • Cul-De-Sac
  • Satellite Dish
  • Level Lot
  • Private Streets
  • Partially Fenced Property

About This Home

As of September 2012

SHORT SALE APPROVED AT $285K. WILL PENCIL AT THIS PRICE. DUPLEX IS ON PRIVATE ROAD NEXT TO HISTORICAL BUILDING. OFFERS 2 PARKING SPOTS FOR FRONT UNIT AND 2 GUEST PARKING WITH PLENTY OF PARKING IN BACK. BUYER TO SAT SELF TO ALL BEFORE CLOSE OF ESCROW. SHOWING W/ ACCEPTED OFFER. DO NOT DISTURB TENNANTS. "AS IS" OWNER WILL NOT MAKE ANY REPAIRS OR TERMITE. RENT HAVE NOT BE RAISED FOR 2BDRM SINCE 2004. 3BDRM HAS SEC 8 TENANTS. ***BE CAREFUL, DOGS ON PROPERTY***

Last Agent to Sell the Property

Craig Ovadia

Barker Realty License #01802566 Listed on: 04/26/2012

Last Buyer's Agent

Larry Parra

Movanti Realty License #01742337

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,565

Year Built

  • 1972

Lot Details

  • 8,276 Sq Ft Lot
  • Cul-De-Sac
  • Private Streets
  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Separate Water Meter
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 479-350-21-00

Community Details

Overview

  • 2 Units

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,565

Year Built

1972

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: East County
  • Cross Street: Massachusetts
  • Neighborhood: Lemon Grove
  • Stories: 2 Story
  • Sale Price List Price: 1.02
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1972

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
  • Telecommunications: Antenna, Cable (coaxial), Satellite Dish
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Allowed w/Restrictions
  • Community: LEMON GROVE

Schools

  • School District URL: http://www.guhsd.net/

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Cul-De-Sac, Easement Access, Private Street, Street Paved
  • Topography: Level
  • Assessor Parcel Number: 479-350-21-00
  • Land Use Code: DUPL
  • Estimated Lot Sq Ft: 8276

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Gross Sched Income Actual: 1550
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2017
Sold by
Khorami Ali Sarikhani and Tayebi Aghdas
Bought by
Khorami Ali Sarikhani and Tayebi Aghdas
Current Estimated Value
$854,371

Purchase Details

Listed on
Apr 26, 2012
Closed on
Aug 27, 2012
Sold by
Simon Linda Louise
Bought by
Khorami Ali Sarikhani and Tayebi Aghdas
Seller's Agent
Craig Ovadia
Barker Realty
Buyer's Agent
Larry Parra
Movanti Realty
List Price
$360,000
Sold Price
$290,000
Premium/Discount to List
-$70,000
-19.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.33%
Original Mortgage
$217,500
Outstanding Balance
$154,261
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$753,666

Purchase Details

Closed on
Nov 16, 2004
Sold by
Lewellin Robert Michael
Bought by
Simon Linda Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.72%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 28, 2004
Sold by
Lewellin Kathleen A
Bought by
Lewellin Robert Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.72%
Mortgage Type
Stand Alone First
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
Khorami Ali Sarikhani -- None Available
Khorami Ali Sarikhani $290,000 Corinthian Title Company
Simon Linda Louise $572,000 California Title Company
Lewellin Robert Michael -- California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khorami Ali Sarikhani $217,500
Previous Owner Simon Linda Louise $418,500
Previous Owner Simon Linda Louise $364,000
Previous Owner Simon Linda Louise $315,000
Previous Owner Lewellin Robert Michael $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2012 09/13/12 Sold $290,000 -19.4% $141 / Sq Ft
08/15/2012 08/15/12 Pending -- -- --
04/25/2012 04/25/12 For Sale $360,000 -- $176 / 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 $5,565 $350,101 $210,597 $139,504
2023 $5,444 $343,237 $206,468 $136,769
2022 $5,420 $336,508 $202,420 $134,088
2021 $5,359 $329,910 $198,451 $131,459
2020 $5,286 $326,529 $196,417 $130,112
2019 $5,171 $320,127 $192,566 $127,561
2018 $5,052 $313,851 $188,791 $125,060
2017 $150 $307,698 $185,090 $122,608
2016 $4,782 $301,665 $181,461 $120,204
2015 $4,758 $297,135 $178,736 $118,399
2014 $4,587 $291,315 $175,235 $116,080
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Craig Ovadia

    Barker Realty

  • Larry Parra

    Buyer's Agent in 2012

    Larry Parra

    Movanti Realty

    (619) 719-6356

    5 in this area

    97 Total Sales

    Larry Parra
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 120021597

San Diego MLS

APN: 479-350-21

California San Diego County Lemon Grove 91945

7223 Balkis Ln Unit 25, Lemon Grove, CA

This home is located at 7223 Balkis Ln Unit 25, Lemon Grove, CA 91945 since 26 April 2012 and is currently estimated at $854,371, approximately $416 per square foot. This property was built in 1972. 7223 Balkis Ln Unit 25 is a home located in San Diego County with nearby schools including San Miguel Elementary School, Mount Miguel High School, and Helix High School.

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