NOT LISTED FOR SALE

7979-81 Golden Ave Lemon Grove, CA 91945

Estimated Value: $815,159 - $1,018,000

8 Beds
3 Baths
2,208 Sq Ft
$419/Sq Ft Est. Value

Last Sold January 04, 2024

Last sale price $970,000 $439 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $5,581/month

9 Days on Market

Highlights

  • Partially Fenced Property
  • Level Lot
  • 1-Story Property

About This Home

As of January 2024

This property consists of a front duplex with a 2 bed, 1 bath unit and a 3 bed, 1 bath unit. In back is a newer construction 3 bed, 1 bath unit which is not permitted. All situated on a 14,548 square foot lot. The front units are in original condition and could use some updating. This is a great unit mix to create a big cash flow investment.

Last Agent to Sell the Property

John Lieber

New Leaf Realty License #01825624 Listed on: 10/17/2023

Last Buyer's Agent

Ruben Aceves

BuySDHouses License #02034732

BuySDHouses

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,387

Year Built

  • Built in 1952

Lot Details

  • 0.33 Acre Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 480-224-03-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,387

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Kempf St
  • Neighborhood: Lemon Grove
  • Stories: 1 Story
  • Sale Price List Price: 0.99
  • Total Stories: 1
  • Year Built: 1952
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: LEMON GROVE
  • Manager Phone: 619 922-1000

Lot Info

  • Lot Size: .25 to .5 AC
  • Topography: Level
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 480-224-03-00
  • Estimated Lot Sq Ft: 14548
  • Estimated Number of Acres: 0.33
  • Map Code Column: H
  • Map Code Page: 1270
  • Map Code Row: 6

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 2
  • Gross Sched Income Actual: 60000
  • Gross Sched Income Projected: 88800
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2023
Sold by
Newmann James D and Newmann Jennifer J
Bought by
Rendon Carlos David Quiroz
Current Estimated Value
$884,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$873,000
Interest Rate
7.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2017
Sold by
Loveday Jeanette M
Bought by
Newmann James D and Newmann Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,600
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2000
Sold by
Loveday Jeannette M
Bought by
Loveday Jeannette M
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
Rendon Carlos David Quiroz $970,000 Lawyers Title
Newmann James D $525,000 Lawyers Title
Loveday Jeannette M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rendon Carlos David Quiroz $873,000
Previous Owner Newmann James D $528,000
Previous Owner Newmann James D $301,000
Previous Owner Newmann James D $299,600
Previous Owner Loveday Jeannette M $65,000
Previous Owner Loveday Jeannette M $42,492
Previous Owner Loveday Jeannette M $75,000
Previous Owner Loveday Jeannette M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2024 01/04/24 Sold $970,000 -0.5% $439 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
10/17/2023 10/17/23 For Sale $975,000 -- $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 $8,387 $989,399 $370,621 $618,778
2024 $8,387 $585,641 $219,376 $366,265
2023 $8,187 $574,159 $215,075 $359,084
2022 $8,147 $562,902 $210,858 $352,044
2021 $8,044 $551,866 $206,724 $345,142
2020 $7,947 $546,208 $204,605 $341,603
2019 $7,818 $535,499 $200,594 $334,905
2018 $7,643 $525,000 $196,661 $328,339
2017 $2,051 $67,436 $25,261 $42,175
2016 $1,959 $66,115 $24,766 $41,349
2015 $1,953 $65,122 $24,394 $40,728
2014 $1,902 $63,848 $23,917 $39,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230020501

San Diego MLS

APN: 480-224-03