NOT LISTED FOR SALE

7585 Central Ave Lemon Grove, CA 91945

Estimated Value: $820,228 - $959,000

4 Beds
2 Baths
1,858 Sq Ft
$463/Sq Ft Est. Value

Sale Details

Date Sold: January 9, 2014

Last sale price $350,000 $188 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $5,343 / mo

41 Days on Market

Highlights

  • Partially Fenced Property
  • 1-Story Property
  • 5-minute walk to Treganza Heritage Park

About This Home

As of January 2014

Here is a wonderful opportunity to take advantage of today's market. This lovely little duplex is perfect for the first-timer or added to an existing portfolio. Each unit has 2 Bedrooms, 1 Bathroom, Living Room, hardwood floors, Laundry rooms, individual fenced private yards, covered parking, and a convenient central location. Currently rented below market rates with room to increase! Don't wait for someone else to scoop this one up! Buyer to verify all information for themselves. Neighborhoods: Lemon Grove Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 7585 Unit # for Unit 2: 7587 Unit 1 Parking Spaces: 2 Unit 2 Parking Spaces: 2 Number of Furnished Units: 0

Last Agent to Sell the Property

Norman Bramstedt

Coldwell Banker West License #01435004 Listed on: 11/05/2013

Coldwell Banker West

Co-Listed By

Lee Schwartz

Team Metro License #01076118

Last Buyer's Agent

Lee Schwartz

Team Metro License #01076118

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 7,474 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • 1-Story Property
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 7585-87Central91945
  • Assessor Parcel Number 4802350800

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

7,474 Sq Ft Lot

Listing Details

  • Subdivision Name Other: Lemon Grove
  • Property Type: Residential Income
  • Parcel Number: 4802350800
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Appliances: Gas Water Heater

Lot Info

  • Lot Size Sq Ft: 7474.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 25440.00
  • Lot Size Area: 7474.0000 Square Feet
  • Number Of Units Total: 2
  • Number With Range: 2

Tax Info

  • Tax Lot: 7585-87Central91945

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2022
Sold by
Tobit B Morral Trust
Bought by
Quiroz Oscar G
Current Estimated Value
$860,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,250
Outstanding Balance
$577,311
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$282,996

Purchase Details

Closed on
Oct 6, 2016
Sold by
Morral Tobit
Bought by
Morral Tobit Bengt

Purchase Details

Listed on
Nov 5, 2013
Closed on
Dec 12, 2013
Sold by
Coffin Dale A P and Coffin Mary Johanna
Bought by
Morral Tobit
Seller's Agent
Norman Bramstedt
Coldwell Banker West
Buyer's Agent
Lee Schwartz
Team Metro
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$262,500
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2009
Sold by
Fister Patricia A
Bought by
Coffin Dale A P and Coffin Mary Johanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2001
Sold by
Sawatzky Nora G
Bought by
Sawatzky Nora Grace

Purchase Details

Closed on
Apr 6, 1995
Sold by
Swanson Lorene K
Bought by
Sawatzky Nora Grace
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Quiroz Oscar G $725,000 First American Title
Morral Tobit Bengt -- None Available
Morral Tobit $350,000 Lawyers Title Company
Coffin Dale A P $250,000 Chicago Title
Sawatzky Nora Grace -- --
Sawatzky Nora Grace $153,000 Guardian Title Company
Swanson Lorene K -- Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quiroz Oscar G $616,250
Previous Owner Morral Tobit $262,500
Previous Owner Coffin Dale A P $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2014 01/09/14 Sold $350,000 0.0% $188 / Sq Ft
12/16/2013 12/16/13 Pending -- -- --
11/05/2013 11/05/13 For Sale $350,000 -- $188 / 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 $9,753 $769,375 $493,461 $275,914
2024 $9,753 $754,290 $483,786 $270,504
2023 $9,495 $739,500 $474,300 $265,200
2022 $5,581 $396,372 $174,403 $221,969
2021 $5,508 $396,372 $174,403 $221,969
2020 $5,446 $392,308 $172,615 $219,693
2019 $5,337 $384,617 $169,231 $215,386
2018 $5,219 $377,076 $165,913 $211,163
2017 $150 $369,683 $162,660 $207,023
2016 $4,964 $362,435 $159,471 $202,964
2015 $4,934 $356,992 $157,076 $199,916
2014 $3,701 $262,620 $115,553 $147,067
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 130059235

California Regional Multiple Listing Service (CRMLS)

APN: 480-235-08

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