NOT LISTED FOR SALE

772 48th St San Diego, CA 92102

Chollas View Neighborhood

Estimated Value: $693,000 - $811,000

4 Beds
2 Baths
1,502 Sq Ft
$514/Sq Ft Est. Value

Last Sold April 18, 2018

Last sale price $460,000 $306 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,724/month

31 Days on Market

Highlights

  • Cooling Available
  • Heating System Uses Natural Gas
  • 1-Story Property
  • Partially Fenced Property

About This Home

As of April 2018

Duplex with long term tenants for under $500K . Patio in front used for entertaining. Fenced yard. Close to Gompers Academy. Newer roof and the interior was upgraded a few years ago. Each unit has a one car garage with Alley access to the backyard. Both units are occupied by long-term tenants on Month to Month leases at $1025/month each. Tenants would like to remain, making this property a great candidate for a buy and hold investor looking for income property. Neighborhoods: Glenclift Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 772 Unit # for Unit 2: 774 Number of Furnished Units: 0 Topography: LL,GSL

Last Agent to Sell the Property

Mike White

Coldwell Banker West License #00805585 Listed on: 12/08/2017

Coldwell Banker West

Last Buyer's Agent

Santiago Orvananos

Casas Advisors License #01736139

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,337

Year Built

  • Built in 1953

Lot Details

  • 6,457 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $21,803

Listing and Financial Details

  • Tenant pays for sewer, water, cable TV, electricity, gas
  • Assessor Parcel Number 5415421300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,337

Year Built

Built in 1953

Lot Details

0

Listing Details

  • CapRate: 5.45
  • Subdivision Name Other: San Diego
  • Zoning: R-2:MINOR
  • Property Type: Residential Income
  • Parcel Number: 5415421300
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 6457.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Sewer, Water, Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 24600.00
  • Lot Size Area: 6457.0000 Square Feet
  • Net Operating Income: 21803.00
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2017
Closed on
Apr 4, 2018
Sold by
Basave Adalberto
Bought by
Balderrama Maria S
Seller's Agent
Mike White
Coldwell Banker West
Buyer's Agent
Santiago Orvananos
Casas Advisors
List Price
$460,000
Sold Price
$460,000
Current Estimated Value
$771,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,665
Avg. Annual Appreciation
6.43%
Original Mortgage
$451,668
Interest Rate
4.46%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 13, 2018
Sold by
Menefee Steven
Bought by
Balderrama Mike and Balderrama Maria S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,668
Interest Rate
4.46%
Mortgage Type
FHA
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
Balderrama Maria S -- Lawyers Title
Balderrama Mike -- Lawyers Title
Balderrama Mike $460,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balderrama Mike $457,875
Previous Owner Balderrama Mike $451,668
Previous Owner Elie Viola B $0
Previous Owner Elle Viola B $332,500
Previous Owner Elie Viola B $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2018 04/18/18 Sold $460,000 0.0% $306 / Sq Ft
01/08/2018 01/08/18 Pending -- -- --
12/08/2017 12/08/17 For Sale $460,000 -- $306 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,337 $523,397 $341,347 $182,050
2024 $6,337 $513,135 $334,654 $178,481
2023 $6,197 $503,075 $328,093 $174,982
2022 $6,033 $493,211 $321,660 $171,551
2021 $5,992 $483,541 $315,353 $168,188
2020 $5,919 $478,584 $312,120 $166,464
2019 $5,814 $469,200 $306,000 $163,200
2018 $514 $40,963 $10,738 $30,225
2017 $502 $40,161 $10,528 $29,633
2016 $492 $39,374 $10,322 $29,052
2015 $485 $38,783 $10,167 $28,616
2014 $479 $38,024 $9,968 $28,056
Source: Public Records

Agents Affiliated with this Home

  • Mike White

    Seller's Agent in 2018

    Mike White

    Coldwell Banker West

    (858) 271-4327

    3 Total Sales

    Mike White
    Section Image
  • Santiago Orvananos

    Buyer's Agent in 2018

    Santiago Orvananos

    Casas Advisors

    (619) 733-4394

    41 Total Sales

    Santiago Orvananos
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 170061751

California Regional Multiple Listing Service (CRMLS)

APN: 541-542-13

California San Diego County San Diego 92102 Chollas View

772 48th St, San Diego, CA

This home is located at 772 48th St, San Diego, CA 92102 since 08 December 2017 and is currently estimated at $771,665, approximately $513 per square foot. This property was built in 1953. 772 48th St is a home located in San Diego County with nearby schools including Horton Elementary School, Millennial Tech Middle School, and Lincoln High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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