NOT LISTED FOR SALE

Estimated Value: $723,724 - $754,000

4 Beds
2 Baths
-- Sq Ft
6,599 Sq Ft Lot

Last Sold August 07, 2015

Last sale price $385,000

Est. 89% increase in value since last sale

Current estimated payment $4,454/month

6 Days on Market

Highlights

  • 1-Story Property
  • Property is Fully Fenced
  • Level Lot

About This Home

As of August 2015

Great cash flow opportunity for the investment-minded buyer. Live in one, rent the other or rent both. Each unit offers: Private yards ~ Washer & dryer hook-ups ~ Attached 1-car garage ~ New flooring ~ New granite countertops ~ New stainless steel appliances ~ Upgraded bathrooms ~ New wall heater ~ New garage door ~ New landscaping ~ Fresh paint inside and out. Excellent rental area, units rarely vacant. Close to shopping and public transportation.

Last Agent to Sell the Property

Sussy Brown

HomeSmart Realty West License #01444219 Listed on: 07/11/2015

HomeSmart Realty West

Last Buyer's Agent

David Andrews

Invest SD License #01248149

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,523

Year Built

  • 1954

Lot Details

  • 6,599 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 577-332-22-00

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,523

Year Built

1954

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Central
  • Cross Street: Koe St
  • Neighborhood: Encanto
  • LP / Sq Ft: 303.11
  • Stories: 1 Story
  • Sale Price List Price: 1.02
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1954

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Available
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: ENCANTO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Assessor Parcel Number: 577-332-22-00
  • Estimated Lot Sq Ft: 6599

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2015
Closed on
Jul 28, 2015
Sold by
Jlmr Investments Lp
Bought by
Nishioka Tom
Seller's Agent
Sussy Brown
HomeSmart Realty West
Buyer's Agent
David Andrews
Invest SD
List Price
$378,888
Sold Price
$385,000
Premium/Discount to List
$6,112
1.61%
Current Estimated Value
$729,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,557
Avg. Annual Appreciation
6.52%
Original Mortgage
$288,750
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2015
Closed on
Jun 12, 2015
Sold by
Senteno Tina
Bought by
Jlmr Investments Lp
Seller's Agent
Sussy Brown
HomeSmart Realty West
Buyer's Agent
David Andrews
Invest SD
List Price
$378,888
Sold Price
$385,000
Premium/Discount to List
$6,112
1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2010
Sold by
Latimer James Leo and Latimer Carol Elaine
Bought by
Spurling Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
4.38%
Mortgage Type
VA

Purchase Details

Closed on
Sep 16, 2009
Sold by
Latimer James L
Bought by
Latimer James Leo and Latimer Carol Elaine
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
Nishioka Tom $385,000 Title 365
Jlmr Investments Lp $293,500 Lawyers Title Company
Spurling Andrew $228,000 Chicago Title Company
Latimer James Leo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nishioka Tom $406,000
Closed Nishioka Tom $288,750
Previous Owner Spurling Andrew $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2015 08/07/15 Sold $385,000 +1.6% --
07/16/2015 07/16/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $378,888 +29.1% --
06/22/2015 06/22/15 Sold $293,500 0.0% $235 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
11/12/2014 11/12/14 For Sale $293,500 -- $235 / 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 $5,523 $455,755 $236,756 $218,999
2024 $5,523 $446,819 $232,114 $214,705
2023 $5,401 $438,059 $227,563 $210,496
2022 $5,257 $429,470 $223,101 $206,369
2021 $5,221 $421,050 $218,727 $202,323
2020 $5,158 $416,734 $216,485 $200,249
2019 $5,067 $408,564 $212,241 $196,323
2018 $4,738 $400,554 $208,080 $192,474
2017 $4,625 $392,700 $204,000 $188,700
2016 $4,551 $385,000 $200,000 $185,000
2015 $2,885 $243,047 $101,269 $141,778
2014 $2,840 $238,287 $99,286 $139,001
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 150038056

San Diego MLS

APN: 577-332-22