NOT LISTED FOR SALE

7291 North Ave Lemon Grove, CA 91945

Estimated Value: $794,383 - $945,000

4 Beds
2 Baths
1,852 Sq Ft
$479/Sq Ft Est. Value

Last Sold June 24, 2021

Last sale price $655,000 $354 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,375/month

99 Days on Market

Highlights

  • Converted Garage
  • Tile Countertops
  • Attic Fan
  • Double Pane Windows
  • Tile Flooring
  • Forced Air Heating and Cooling System

About This Home

As of June 2021

Unit one was renovated fall 2019. Under lease @ $1,875 until December 31, 2021. Unit two fresh paint and carpet (with exception of front room carpeting.) Unit two kitchen tired but serviceable.

Last Agent to Sell the Property

Rodger Barwick

Barwick Realty License #00665138 Listed on: 02/01/2021

Last Buyer's Agent

Rosalva Zuniga

Compass License #01376373

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,239

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 6,203 Sq Ft Lot
  • Lot Dimensions are 69x90
  • 1 Common Wall
  • Chain Link Fence
  • Fence is in good condition
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Frame Construction
  • Asbestos Shingle Roof
  • Copper Plumbing

Interior Spaces

  • 1,852 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Blinds
  • Attic Fan
  • Tile Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Converted Garage
  • Parking Available
  • Private Parking
  • Driveway
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Overhead Utilities
  • 220 Volts
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for telephone
  • Tax Lot 62
  • Tax Tract Number 144
  • Assessor Parcel Number 4790420200

Community Details

Overview

  • 2 Units
  • Broadview Subdivision

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $954
  • Maintenance Expense $1,606
  • Professional Management Expense $1,921
  • Water Sewer Expense $1,131
  • Operating Expense $11,445
  • Gross Income $40,920
  • Net Operating Income $29,475

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,239

Year Built

Built in 1952 | Remodeled

Lot Details

6,203 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • CapRate: 4.30
  • Professional Management Expense: 1921.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
  • Subdivision Name Other: Broadview (BRVW)
  • View: No
  • Water Sewer Expenses: 1131.00
  • Zoning: Commercial
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4790420200
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Attic Fan, Copper Plumbing Full, Tile Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Vinyl
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 353.67
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Chain Link, Good Condition
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: No
  • Construction Materials: Frame

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Converted Garage, Driveway, Off Street, On Site, Private
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Heating: Yes
  • Laundry: No
  • Electric: 220 Volts, Electricity - On Property
  • Heating Type: Central, Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Utilities - Overhead
  • Lot Size: 69X90
  • Lot Size Sq Ft: 6203.00
  • Lot Size Acres: 0.1400

Rental Info

  • Tenant Pays: Telephone

Multi Family

  • Gross Income: 40920.00
  • Gross Multiplier: 16.60
  • Gross Operating Income: 40920.00
  • Gross Scheduled Income: 40920.00
  • Insurance Expense: 954.00
  • Lot Size Area: 6203.0000 Square Feet
  • Maintenance Expense: 1606.00
  • Net Operating Income: 29475.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Operating Expense: 11445.00
  • Operating Expense Percent: 5723.00
  • Rent Control: No
  • Total Actual Rent: 40920.00
  • Total Expenses: 11445.00

Tax Info

  • Tax Census Tract: 144/2
  • Tax Lot: 62
  • Tax Tract Number: 144/2
  • Tax Annual Amount: 3239.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Jun 23, 2021
Sold by
Mckinley Oberlin William
Bought by
Oberlin Family Trust
Seller's Agent
Rodger Barwick
Barwick Realty
Buyer's Agent
Rosalva Zuniga
Compass
List Price
$685,000
Sold Price
$655,000
Premium/Discount to List
-$30,000
-4.38%
Current Estimated Value
$886,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,596
Avg. Annual Appreciation
6.73%
Original Mortgage
$650,608
Outstanding Balance
$589,044
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$297,552

Purchase Details

Listed on
Feb 1, 2021
Closed on
Jun 3, 2021
Sold by
Bati Dorieanne
Bought by
Perez Ronald
Seller's Agent
Rodger Barwick
Barwick Realty
Buyer's Agent
Rosalva Zuniga
Compass
List Price
$685,000
Sold Price
$655,000
Premium/Discount to List
-$30,000
-4.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,608
Outstanding Balance
$589,044
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$297,552

Purchase Details

Closed on
Mar 26, 2021
Sold by
Oberlin Family Trust and Oberlin Family Trust
Bought by
Perez Ronald

Purchase Details

Closed on
Jul 15, 2007
Sold by
Oberlin William M and Oberlin Darlene L
Bought by
The Oberlin Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2007
Sold by
Balow Catherine
Bought by
Oberlin William M and Oberlin Darlene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 1997
Sold by
Trust Of Patterson Berniece C and Delbert L
Bought by
Balow Delbert L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oberlin Family Trust -- --
Perez Ronald -- Fidelity National Title
Perez Ronald $655,000 Fidelity National Title
Oberlin Family Trust -- --
The Oberlin Family Trust -- None Available
Oberlin William M $550,000 Stewart Title Company
Balow Delbert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Ronald $650,608
Previous Owner Oberlin William M $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2021 06/24/21 Sold $655,000 -4.4% $354 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
05/03/2021 05/03/21 Price Changed $685,000 0.0% $370 / Sq Ft
05/03/2021 05/03/21 For Sale $685,000 +1.5% $370 / Sq Ft
03/05/2021 03/05/21 Price Changed $675,000 +0.7% $364 / Sq Ft
03/05/2021 03/05/21 Price Changed $670,000 -0.7% $362 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
02/16/2021 02/16/21 Price Changed $675,000 -99.9% $364 / Sq Ft
02/01/2021 02/01/21 For Sale $680,000,000 -- $367,171 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,699 $708,991 $378,850 $330,141
2024 $9,699 $695,090 $371,422 $323,668
2023 $9,461 $681,462 $364,140 $317,322
2022 $9,414 $668,100 $357,000 $311,100
2021 $7,416 $500,000 $215,000 $285,000
2020 $6,478 $425,000 $182,000 $243,000
2019 $6,448 $425,000 $182,000 $243,000
2018 $6,403 $425,000 $182,000 $243,000
2017 $5,793 $375,000 $161,000 $214,000
2016 $5,246 $340,000 $146,000 $194,000
2015 $5,097 $325,000 $140,000 $185,000
2014 $4,988 $325,000 $140,000 $185,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2100661

California Regional Multiple Listing Service (CRMLS)

APN: 479-042-02

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