NOT LISTED FOR SALE

Estimated Value: $1,957,000 - $2,577,746

5 Beds
3 Baths
2,100 Sq Ft
$1,083/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $1,295,000 $617 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $14,025/month

85 Days on Market

About This Home

As of April 2015

Subject property borders Mission Boulevard and Ormond Court and is just 200 feet from the Boardwalk and Sand. There are two 2 Bed / 1 Bath units, one 1 Bed / 1 Bath unit, and a double Garage. The property has laundry hook ups and additional off-street parking. PLEASE DO NOT WALK ON THE PROPERTY OR DISTURB TENANTS.

Last Agent to Sell the Property

Benn Vogelsang

NorthMarq Multifamily License #01883437 Listed on: 01/21/2015

Last Buyer's Agent

Brian Keiner

Coldwell Banker Realty License #01920409

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,815

Year Built

  • Built in 1940

Lot Details

  • 2,739

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Additional Features

  • 2-Story Property
  • 2,739 Sq Ft Lot

Community Details

  • 3 Units
  • Net Operating Income $40,000

Listing and Financial Details

  • Assessor Parcel Number 423-601-08-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,815

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Mission Blvd
  • Neighborhood: Mission Beach
  • LP / Sq Ft: 25.0
  • Stories: 2 Story
  • Sale Price List Price: 0.96
  • Total Stories: 2
  • Year Built: 1940
  • Allow Comments Review: Yes
  • 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

Condo/Co-op/Association

  • Community: MISSION BEACH

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 423-601-08-00
  • Land Use Code: R2-4
  • Estimated Lot Sq Ft: 2739

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 40000
  • Annual Expense Actual: 20000
  • Annual Expense Projected: 20000
  • Gross Rent Multiplier Actual: 21.6
  • Gross Rent Multiplier Projected: 17.6
  • Gross Sched Income Actual: 62400
  • Gross Sched Income Projected: 76800
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2019
Sold by
Permadi Ignatius Donald
Bought by
Revoca Permadi Ignatius Donald
Current Estimated Value
$2,275,187

Purchase Details

Closed on
Jul 25, 2017
Sold by
Su Caroline I Chin and Permadi Ignatius Donald
Bought by
Permadi Ignatius Donald

Purchase Details

Listed on
Jan 21, 2015
Closed on
Mar 17, 2015
Sold by
Ozarski Robert G and Ozarski Idelma F
Bought by
Permadi Ignatius Donald
Seller's Agent
Benn Vogelsang
NorthMarq Multifamily
Buyer's Agent
Brian Keiner
Coldwell Banker Realty
List Price
$1,395,000
Sold Price
$1,295,000
Premium/Discount to List
-$100,000
-7.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Original Mortgage
$870,200
Outstanding Balance
$671,585
Interest Rate
3.73%
Mortgage Type
Commercial
Estimated Equity
$1,618,277

Purchase Details

Closed on
Jun 30, 2003
Sold by
Ozarski Robert G and Ozarski Idelma F
Bought by
Ozarski Robert G and Ozarski Idelma F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 14, 2001
Sold by
Ozarski Robert G and Ozarski Idelma F
Bought by
Ozarski Robert G and Ozarski Idelma F

Purchase Details

Closed on
May 29, 1998
Sold by
Bielenberg Karl J and Bielenberg Mckee J
Bought by
Ozarski Robert G and Ozarski Idelma F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
7.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 1997
Sold by
Bielenberg Karl J and Bielenberg Mckee J
Bought by
Bielenberg Karl and Mckee Nancy June

Purchase Details

Closed on
Jul 15, 1994
Sold by
Marshall Patricia Jane and Brawster Natalie Anne
Bought by
Bielenberg Karl and Mckee Nancy June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,400
Interest Rate
3.95%
Mortgage Type
Commercial
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
Revoca Permadi Ignatius Donald -- None Available
Permadi Ignatius Donald -- None Available
Permadi Ignatius Donald $1,295,000 Title365
Ozarski Robert G -- First American Title Ins Co
Ozarski Robert G -- --
Ozarski Robert G $395,000 Chicago Title Co
Bielenberg Karl -- --
Bielenberg Karl $313,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Permadi Ignatius Donald $870,200
Previous Owner Ozarski Robert G $700,000
Previous Owner Ozarski Robert G $450,000
Previous Owner Ozarski Robert G $316,000
Previous Owner Bielenberg Karl $250,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2015 04/30/15 Sold $1,295,000 -7.2% $617 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
12/15/2014 12/15/14 For Sale $1,395,000 -- $664 / 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 $18,815 $1,556,386 $1,382,123 $174,263
2024 $18,815 $1,525,870 $1,355,023 $170,847
2023 $18,398 $1,495,952 $1,328,454 $167,498
2022 $17,906 $1,466,620 $1,302,406 $164,214
2021 $17,782 $1,437,864 $1,276,869 $160,995
2020 $17,564 $1,423,122 $1,263,777 $159,345
2019 $17,251 $1,395,219 $1,238,998 $156,221
2018 $16,128 $1,367,862 $1,214,704 $153,158
2017 $15,762 $1,341,042 $1,190,887 $150,155
2016 $15,513 $1,314,748 $1,167,537 $147,211
2015 $6,237 $524,781 $398,574 $126,207
2014 -- $514,502 $390,767 $123,735
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 150003588

San Diego MLS

APN: 423-601-08