NOT LISTED FOR SALE

Estimated Value: $789,000 - $843,000

4 Beds
2 Baths
1,502 Sq Ft
$547/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $665,000 $443 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,051/month

Highlights

  • 1-Story Property
  • Partially Fenced Property
  • 3-minute walk to Hawk Pocket Park

About This Home

As of March 2022

This is an excellent bread and butter rental duplex. Built in 1953 with two 2Br/1Ba units along with a separate two car garage in the rear. The building structure consists of a 1502 square foot building situated on a 10,038 square foot lot. The seller has recently made numerous repairs and upgrades. These include new stoves and refrigerators installed in December 2021 along with some new cabinetry and rebuilt fences on both sides facing the property. The property is always rented.

Last Agent to Sell the Property

Bob Farrior

Great Western Investments/REO License #00920412 Listed on: 03/30/2022

Last Buyer's Agent

Voltaire Lepe

eXp Realty of California, Inc. License #01422464

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,532

Year Built

  • 1953

Lot Details

  • 10,038 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 547-083-08-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,532

Year Built

1953

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Central
  • Cross Street: Hilltop Drive
  • Neighborhood: Chollas View
  • Stories: 1 Story
  • Sale Price List Price: 0.99
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1953

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Condo/Co-op/Association

  • Community: SAN DIEGO

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Assessor Parcel Number: 547-083-08-00
  • Estimated Lot Sq Ft: 10038

Rental Info

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

Multi Family

  • No. of Units: 2
  • Gross Sched Income Actual: 25200
  • Number Of Buildings: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
Mar 21, 2022
Sold by
Gipson Family Trust
Bought by
Lombardo Fabio Ismael and Carachure Iris
Seller's Agent
Bob Farrior
Great Western Investments/REO
Buyer's Agent
Voltaire Lepe
eXp Realty of California, Inc.
List Price
$675,000,000
Sold Price
$665,000
Premium/Discount to List
-$674,335,000
-99.9%
Current Estimated Value
$821,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,724
Avg. Annual Appreciation
4.67%
Original Mortgage
$498,750
Outstanding Balance
$468,842
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$311,117

Purchase Details

Closed on
Jun 8, 2006
Sold by
Gipson Willie Marvin
Bought by
Gipson Willie Marvin
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
Lombardo Fabio Ismael $665,000 Wfg Title Insurance
Gipson Willie Marvin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lombardo Fabio Ismael $498,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2022 03/30/22 For Sale $675,000,000 +101403.8% $449,401 / Sq Ft
03/25/2022 03/25/22 Sold $665,000 -- $443 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
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 $8,532 $705,700 $197,505 $508,195
2024 $8,532 $691,864 $193,633 $498,231
2023 $8,344 $678,299 $189,837 $488,462
2022 $581 $44,999 $12,594 $32,405
2021 $577 $44,118 $12,348 $31,770
2020 $570 $43,667 $12,222 $31,445
2019 $561 $42,812 $11,983 $30,829
2018 $526 $41,974 $11,749 $30,225
2017 $513 $41,152 $11,519 $29,633
2016 $504 $40,346 $11,294 $29,052
2015 $497 $39,741 $11,125 $28,616
2014 $490 $38,964 $10,908 $28,056
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220007252

San Diego MLS

APN: 547-083-08