NOT LISTED FOR SALE

724 Franklin Ln Vista, CA 92084

Estimated Value: $1,023,000 - $1,202,000

4 Beds
4 Baths
2,200 Sq Ft
$499/Sq Ft Est. Value

Last Sold May 25, 2021

Last sale price $780,000 $355 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,633/month

2 Days on Market

Highlights

  • RV Access or Parking
  • Corner Lot
  • Heating Available
  • Mountain View
  • Partially Fenced Property
  • 1-Story Property

About This Home

As of May 2021

Amazing Income producing property next to Downtown Vista. This property has 2 units, both are a 2 bed, 2 bath with kitchen and living room and the bonus addition of spacious covered decks. Both units come with one car garages and a driveway space. Property boasts a huge backyard area that allows for RV and extra car parking. Making this a perfect duplex for multi-tenants or multi generational living. This beautiful duplex has the great added value of coming with a lower level that's ready to be converted into a THIRD income producing unit. With a brand new roof and a renovation to one of it's units, this property is ready for a new owner. Perfectly central, only a short drive to the freeways and just a few steps away from shopping centers, restaurants, and entertainment.

Last Agent to Sell the Property

Guillermo Carrillo

eXp Realty of California, Inc. License #02032647 Listed on: 05/05/2021

eXp Realty of California, Inc.

Last Buyer's Agent

Twana Rasoul

Compass License #02026495

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,477

Year Built

  • Built in 1969

Lot Details

  • 0.26 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Irrigation

Home Design

  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Mountain Views

Parking

  • Alley Access
  • RV Access or Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 175-370-28-00

Community Details

Overview

  • 2 Units
  • N/K Community

Building Details

  • Net Operating Income $26,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,477

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: North County
  • Cross Street: E Vista Way & Franklin Ln
  • Neighborhood: Vista
  • Stories: 1 Story
  • Sale Price List Price: 1.03
  • Total Stories: 1
  • Year Built: 1969
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • View: Mountains/Hills

Garage/Parking

  • Parking for RV: On-Site Parking

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property

Condo/Co-op/Association

  • Complex Name: n/k

Lot Info

  • Irrigation: Manual
  • Lot Size: .25 to .5 AC
  • Site: Alley Access, Corner Lot
  • Zoning: RM-2:Multi
  • Assessor Parcel Number: 175-370-28-00
  • Estimated Lot Sq Ft: 11214

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 26200
  • Number Of Buildings: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 1
  • Number Of Units With Refrigerator: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
May 25, 2021
Sold by
Herbert Bruce M and The Separate Property Estate O
Bought by
Schwartz Hannah Lott and Schwartz Nicholas David
Seller's Agent
Guillermo Carrillo
eXp Realty of California, Inc.
Buyer's Agent
Twana Rasoul
Compass
List Price
$760,000
Sold Price
$780,000
Premium/Discount to List
$20,000
2.63%
Current Estimated Value
$1,098,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,298
Avg. Annual Appreciation
8.03%
Original Mortgage
$629,000
Outstanding Balance
$569,140
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$529,158

Purchase Details

Closed on
Sep 30, 2004
Sold by
Herbert Bruce and Herbert Rosalyn S
Bought by
Herbert Bruce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,500
Interest Rate
4.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 23, 1998
Sold by
Herbert Bruce M and Herbert Rosalyn S
Bought by
Herbert Bruce M

Purchase Details

Closed on
Apr 9, 1985
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
Schwartz Hannah Lott $780,000 Corinthian Title Company Inc
Herbert Bruce M -- California Title
Herbert Bruce -- California Title
Herbert Bruce M -- --
-- $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Hannah Lott $629,000
Previous Owner Herbert Bruce $306,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2021 05/25/21 Sold $780,000 +2.6% $355 / Sq Ft
05/08/2021 05/08/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $760,000 -- $345 / 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 $10,477 $844,294 $665,694 $178,600
2024 $10,477 $827,741 $652,642 $175,099
2023 $10,260 $811,512 $639,846 $171,666
2022 $10,238 $795,600 $627,300 $168,300
2021 $4,234 $253,292 $44,176 $209,116
2020 $4,196 $250,696 $43,724 $206,972
2019 $4,143 $245,781 $42,867 $202,914
2018 $4,007 $240,963 $42,027 $198,936
2017 $122 $236,239 $41,203 $195,036
2016 $3,870 $231,608 $40,396 $191,212
2015 $3,840 $228,130 $39,790 $188,340
2014 $3,755 $223,662 $39,011 $184,651
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210011887

San Diego MLS

APN: 175-370-28