NOT LISTED FOR SALE

804-10 S V Ave National City, CA 91950

Lincoln Acres Neighborhood

Estimated Value: $717,000 - $860,000

4 Beds
2 Baths
1,344 Sq Ft
$590/Sq Ft Est. Value

Last Sold April 28, 2021

Last sale price $639,500 $476 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,063/month

73 Days on Market

Highlights

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

About This Home

As of April 2021

Back on Market - No fault of the sellers. LOCATION LOCATION LOCATION. Newer stucco, interior paint and yard fence. Lots of Possibilities. Drive - by, please don't disturb the tenants.

Last Agent to Sell the Property

Raul Pantaleon

Classic American Realty License #00708270 Listed on: 01/12/2021

Last Buyer's Agent

Pallavi Shah

Century 21 Mission-Bishop Real Estate License #01382040

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,927

Year Built

  • Built in 1951

Lot Details

  • Partially Fenced Property
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gardener, gas/propane, hot water, sewer, trash, water
  • Assessor Parcel Number 557-220-30-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $24,548

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,927

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: 8th Street
  • Neighborhood: Subd:Beverly Glen
  • Stories: 1 Story
  • Sale Price List Price: 0.98
  • Total Stories: 1
  • Year Built: 1951
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • 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
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: NATIONAL CITY

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Corner Lot, Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 557-220-30-00
  • Map Code Column: A
  • Map Code Page: 1290
  • Map Code Row: 7

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 24548
  • Annual Expense Actual: 7852
  • Gross Rent Multiplier Actual: 20.06
  • Gross Rent Multiplier Projected: 16.93
  • Gross Sched Income Actual: 32400
  • Gross Sched Income Projected: 38400
  • Number Of Buildings: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Apr 13, 2021
Sold by
Nordgren Asa M Sjoblom
Bought by
Nordgren Per
Seller's Agent
Raul Pantaleon
Classic American Realty
Buyer's Agent
Pallavi Shah
Century 21 Mission-Bishop Real Estate
List Price
$650,000
Sold Price
$639,500
Premium/Discount to List
-$10,500
-1.62%
Current Estimated Value
$792,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,210
Avg. Annual Appreciation
5.10%
Original Mortgage
$472,500
Outstanding Balance
$428,454
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$364,256

Purchase Details

Listed on
Jan 12, 2021
Closed on
Apr 6, 2021
Sold by
Simpauco Ricardo A and Simpauco Milagros G
Bought by
Nordgren Per
Seller's Agent
Raul Pantaleon
Classic American Realty
Buyer's Agent
Pallavi Shah
Century 21 Mission-Bishop Real Estate
List Price
$650,000
Sold Price
$639,500
Premium/Discount to List
-$10,500
-1.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Outstanding Balance
$428,454
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$364,256

Purchase Details

Closed on
Mar 17, 2004
Sold by
Delarosa Mercedes B
Bought by
Simpauco Ricardo A and Simpauco Milagros G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 9, 2003
Sold by
Estrella Rolando C and Delarosa Mercedes B
Bought by
Delarosa Mercedes B

Purchase Details

Closed on
Jun 20, 2002
Sold by
Delarosa Mercedes B
Bought by
Estrella Rolando C and Delarosa Mercedes B
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
Nordgren Per -- Corinthian Title Company
Nordgren Per $639,500 Corinthian Title
Simpauco Ricardo A $435,000 First American Title
Delarosa Mercedes B -- --
Estrella Rolando C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nordgren Per $472,500
Previous Owner Simpauco Ricardo A $400,000
Previous Owner Simpauco Ricardo A $391,500
Previous Owner Delarosa Mercedes B $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2021 04/28/21 Sold $639,500 -1.6% $476 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $650,000 0.0% $484 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/17/2021 03/17/21 Price Changed $650,000 -3.7% $484 / Sq Ft
03/17/2021 03/17/21 Price Changed $675,000 +3.8% $502 / Sq Ft
03/02/2021 03/02/21 For Sale $650,000 0.0% $484 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $650,000 -- $484 / 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 $8,927 $692,212 $295,344 $396,868
2024 $8,927 $678,640 $289,553 $389,087
2023 $8,806 $665,334 $283,876 $381,458
2022 $8,778 $652,289 $278,310 $373,979
2021 $6,199 $450,000 $192,000 $258,000
2020 $5,661 $425,000 $182,000 $243,000
2019 $5,282 $400,000 $172,000 $228,000
2018 $4,664 $350,000 $151,000 $199,000
2017 $4,048 $300,000 $130,000 $170,000
2016 $3,457 $250,000 $109,000 $141,000
2015 $3,295 $235,000 $103,000 $132,000
2014 $3,001 $215,000 $95,000 $120,000
Source: Public Records

Agents Affiliated with this Home

  • Raul Pantaleon

    Seller's Agent in 2021

    Raul Pantaleon

    Classic American Realty

    (619) 850-9285

    1 in this area

    13 Total Sales

    Raul Pantaleon
    Section Image

  • P

    Buyer's Agent in 2021

    Pallavi Shah

    Century 21 Mission-Bishop Real Estate

  • Jeanie Alfafara Laszuk

    Buyer's Agent in 2021

    Jeanie Alfafara Laszuk

    Professional Realty Services

    (760) 402-1972

    2 in this area

    36 Total Sales

    Jeanie Alfafara Laszuk
    Section Image
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Map

Source: San Diego MLS

MLS Number: 210000784

San Diego MLS

APN: 557-220-30

California San Diego County National City 91950 Lincoln Acres

804-10 S V Ave, National City, CA

This home is located at 804-10 S V Ave, National City, CA 91950 since 12 January 2021 and is currently estimated at $792,710, approximately $589 per square foot. This property was built in 1951. 804-10 S V Ave is a home located in San Diego County with nearby schools including Palmer Way, Granger Junior High School, and Sweetwater High School.

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