NOT LISTED FOR SALE

777 Dorothy St Chula Vista, CA 91911

Otay Town Neighborhood

Estimated Value: $933,629 - $1,024,000

6 Beds
4 Baths
2,160 Sq Ft
$462/Sq Ft Est. Value

Last Sold June 18, 2018

Last sale price $590,000 $273 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,996/month

30 Days on Market

About This Home

As of June 2018

The Dorothy Street Rentals consists of a duplex with two 3Bedroom/2Bath units and two, two-car garages. The value-add offering has immediate upside in rents. Property was listed well below its recently appraised value. Appraisals will be provided during DD process. Property can be purchased together with: 773 Dorothy St, Chula Vista 775 Dorothy St, Chula Vista 326-28 Zenith St, Chula Vista

Last Agent to Sell the Property

Matthew Brothers

Acre Investment Real Estate License #01704743 Listed on: 03/20/2018

Last Buyer's Agent

Jamie Hopkins

Team Metro License #01070481

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,671

Year Built

  • Built in 1972

Lot Details

  • 9,225 Sq Ft Lot
  • Cross Fenced

Home Design

  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Tenant pays for trash, water, cable TV, electricity, gas/propane
  • Assessor Parcel Number 622-072-64-00

Community Details

Overview

  • 2 Units
  • Duplex Community

Building Details

  • Net Operating Income $25,327

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,671

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: Dorothy & Industrial
  • Neighborhood: Southern Chula Vista
  • LP / Sq Ft: 17.96
  • Stories: 1 Story
  • Sale Price List Price: 0.98
  • Total Stories: 1
  • Year Built: 1972
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Cross Fencing

Condo/Co-op/Association

  • Complex Name: Duplex
  • Community: CHULA VISTA

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Assessor Parcel Number: 622-072-64-00
  • Estimated Lot Sq Ft: 9225

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 25327
  • Annual Expense Actual: 10757
  • Annual Expense Projected: 10757
  • Gross Rent Multiplier Actual: 17.0
  • Gross Rent Multiplier Projected: 13.0
  • Gross Sched Income Actual: 37200
  • Gross Sched Income Projected: 45480
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Garage: 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 20, 2018
Closed on
May 3, 2018
Sold by
Peterson Elroy and Peterson Beverly
Bought by
Lane William G and Lane Graciela C
Seller's Agent
Matthew Brothers
Acre Investment Real Estate
Buyer's Agent
Jamie Hopkins
Team Metro
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%
Current Estimated Value
$998,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,407
Avg. Annual Appreciation
7.21%
Original Mortgage
$606,685
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Mar 7, 2006
Sold by
Neely Dale L and Wilson Neely Penni L
Bought by
Neely Properties Lp

Purchase Details

Closed on
Feb 23, 2004
Sold by
Peterson El Roy and Peterson Beverly
Bought by
Peterson El Roy and Peterson Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2002
Sold by
Peterson Elroy and Peterson Beverly
Bought by
Peterson Elroy and Peterson Beverly

Purchase Details

Closed on
Dec 4, 2000
Sold by
Neely Dale L
Bought by
Peterson El Roy and Peterson Beverly Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.35%
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
Lane William G $590,000 Chicago Title Company
Neely Properties Lp -- None Available
Peterson El Roy -- --
Peterson El Roy -- United Title Company San Die
Peterson El Roy -- United Title Company San Die
Peterson Elroy -- --
Peterson El Roy $210,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane William $612,730
Closed Lane William G $606,400
Previous Owner Lane William G $606,685
Previous Owner Peterson El Roy $350,000
Previous Owner Peterson El Roy $322,000
Previous Owner Peterson El Roy $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2018 06/18/18 Sold $590,000 -1.5% $273 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $599,000 -- $277 / 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 $6,671 $671,315 $443,752 $227,563
2024 $6,671 $658,152 $435,051 $223,101
2023 $8,412 $645,248 $426,521 $218,727
2022 $8,184 $632,597 $418,158 $214,439
2021 $8,104 $620,194 $409,959 $210,235
2020 $7,609 $613,836 $405,756 $208,080
2019 $7,519 $601,800 $397,800 $204,000
2018 $5,013 $361,790 $151,819 $209,971
2017 $13 $354,697 $148,843 $205,854
2016 $4,696 $347,743 $145,925 $201,818
2015 $5,049 $342,521 $143,734 $198,787
2014 $4,677 $335,813 $140,919 $194,894
Source: Public Records

Agents Affiliated with this Home

  • Matthew Brothers

    Seller's Agent in 2018

    Matthew Brothers

    Acre Investment Real Estate

    (760) 230-8099

    3 Total Sales

    Section Image
  • Jamie Hopkins

    Buyer's Agent in 2018

    Jamie Hopkins

    Team Metro

    (619) 250-6634

    1 in this area

    77 Total Sales

    Section Image
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Map

Source: San Diego MLS

MLS Number: 180014224

San Diego MLS

APN: 622-072-64

California San Diego County Chula Vista 91911 Otay Town

777 Dorothy St, Chula Vista, CA

This home is located at 777 Dorothy St, Chula Vista, CA 91911 since 20 March 2018 and is currently estimated at $998,407, approximately $462 per square foot. This property was built in 1972. 777 Dorothy St is a home located in San Diego County with nearby schools including Harborside Elementary School, Castle Park Middle School, and Castle Park High School.

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