NOT LISTED FOR SALE

Estimated Value: $734,000 - $812,000

3 Beds
2 Baths
1,120 Sq Ft
$684/Sq Ft Est. Value

Last Sold March 13, 2019

Last sale price $415,000 $371 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,837/month

85 Days on Market

Highlights

  • RV Access or Parking
  • Floor Furnace
  • 1-Story Property
  • Corner Lot
  • Gated Home

About This Home

As of March 2019

Home is perfect for a primary residence or investor. Live in one and rent other seperate home. High demand area and easy to rent. Repairs are scheduled for 2 bedroom home. Bathroom and kitchen recently remodeled. There is a new tub, toilet, sink and kithchen has new counters. Two homes sit on one lot and both have large yards, so pleanty of room for RV parking and expansion. Each are individually fenced so privacy is perserved.

Last Agent to Sell the Property

Robert Leborne

HFS Realty License #00954027 Listed on: 11/12/2018

Last Buyer's Agent

April Khamphasouk

eXp Realty of California, Inc. License #01910682

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,341

Year Built

  • Built in 1950

Lot Details

  • Gated Home
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot

Parking

  • RV Access or Parking

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for sewer, trash, water, cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 549-023-01-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Pet Policy

  • Pet Restriction

Building Details

  • Net Operating Income $13,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,341

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: Imperial
  • Neighborhood: San Diego
  • LP / Sq Ft: 9.81
  • Stories: 1 Story
  • Sale Price List Price: 0.87
  • Total Stories: 1
  • Year Built: 1950
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full, Gate
  • Roof: Composition

Garage/Parking

  • Parking for RV: On-Site Parking

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Floor Furnace, Forced Air Unit

Condo/Co-op/Association

  • Pets Allowed: Allowed w/Restrictions
  • Community: ENCANTO
  • Manager Name: Robert LeBorne
  • Manager Phone: 619-247-3975

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Corner Lot, Public Street, Street Paved
  • Topography: Level
  • Assessor Parcel Number: 549-023-01-00
  • Map Code Column: C
  • Map Code Page: 1290
  • Map Code Row: 3

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Cable TV, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 13740
  • Annual Expense Actual: 1800
  • Gross Rent Multiplier Actual: 9.8
  • Gross Sched Income Actual: 15540
  • Gross Sched Income Projected: 50220
  • Number Of Buildings: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Range Oven: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2018
Closed on
Feb 13, 2019
Sold by
Mll Investments Llc
Bought by
Rj Property Investments Llc
Seller's Agent
Robert Leborne
HFS Realty
Buyer's Agent
April Khamphasouk
eXp Realty of California, Inc.
List Price
$495,000
Sold Price
$415,000
Premium/Discount to List
-$80,000
-16.16%
Current Estimated Value
$766,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,180
Avg. Annual Appreciation
9.38%
Original Mortgage
$311,250
Outstanding Balance
$274,195
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$468,188

Purchase Details

Listed on
Nov 12, 2018
Closed on
Feb 11, 2019
Sold by
Rj Property Investments Llc
Bought by
Phanmanivong Rickey
Seller's Agent
Robert Leborne
HFS Realty
Buyer's Agent
April Khamphasouk
eXp Realty of California, Inc.
List Price
$495,000
Sold Price
$415,000
Premium/Discount to List
-$80,000
-16.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,250
Outstanding Balance
$274,195
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$468,188

Purchase Details

Closed on
Feb 5, 2009
Sold by
Pagsisihan Ernesto
Bought by
Rj Property Investments Llc

Purchase Details

Closed on
Jul 22, 2008
Sold by
Pagsisihan Lilia C
Bought by
Pagsisihan Ernesto D

Purchase Details

Closed on
Apr 14, 2008
Sold by
Leborne Robert and Leborne Jovita Minas
Bought by
Pagsisihan Ernesto D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.41%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 27, 2000
Sold by
Robert Leborne
Bought by
Leborne Robert and Leborne Jovita Minas

Purchase Details

Closed on
Feb 2, 1998
Sold by
Va
Bought by
Leborne Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 23, 1997
Sold by
Ruiz Thomas D and Ruiz Anita G
Bought by
Va

Purchase Details

Closed on
Mar 31, 1995
Sold by
Ruiz Thomas D and Ruiz Anita G
Bought by
Ruiz Thomas D

Purchase Details

Closed on
Feb 26, 1991
Source: Public Records

Range of Values:

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Average Value
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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
Rj Property Investments Llc -- First American Title
Phanmanivong Rickey $415,000 First American Title
Rj Property Investments Llc -- None Available
Pagsisihan Ernesto D -- Commonwealth Land Title Co
Pagsisihan Ernesto D $260,000 Commonwealth Land Title Co
Leborne Robert -- --
Leborne Robert $77,500 Lawyers Title
Va $76,085 Stewart Title
Ruiz Thomas D -- --
-- $111,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phanmanivong Rickey $311,250
Previous Owner Mll Investments Llc $65,000
Previous Owner Pagsisihan Ernesto D $208,000
Previous Owner Leborne Robert $25,000
Previous Owner Leborne Robert $69,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2019 03/13/19 Sold $415,000 -12.6% $371 / Sq Ft
02/06/2019 02/06/19 Pending -- -- --
11/20/2018 11/20/18 Price Changed $475,000 -4.0% $424 / Sq Ft
11/12/2018 11/12/18 For Sale $495,000 -- $442 / 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 $8,341 $689,782 $424,493 $265,289
2024 $8,341 $676,258 $416,170 $260,088
2023 $8,156 $662,999 $408,010 $254,989
2022 $5,340 $436,235 $268,459 $167,776
2021 $5,303 $427,683 $263,196 $164,487
2020 $5,239 $423,299 $260,498 $162,801
2019 $1,887 $150,421 $92,569 $57,852
2018 $1,765 $147,472 $90,754 $56,718
2017 $80 $144,581 $88,975 $55,606
2016 $1,694 $141,747 $87,231 $54,516
2015 $1,670 $139,619 $85,921 $53,698
2014 $1,645 $136,885 $84,238 $52,647
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 180062942

San Diego MLS

APN: 549-023-01