8136 Palm St Lemon Grove, CA 91945
Estimated Value: $924,104 - $1,097,000
5
Beds
4
Baths
2,668
Sq Ft
$377/Sq Ft
Est. Value
About This Home
As of June 2017RARE find, Investor DREAM!—PRIME, extensively-remodeled/updated income property! 2 units in high-demand rental neighborhood. BOTH units feature private yards, attached private garages, in-unit laundry & AC! Garages are between units—feels like 2 detached houses! Fresh paint inside & out both units. Live in beautiful 1,800sqft home, collect rent from 2nd unit & SAVE HUNDREDS compared to buying a small SFR! LARGE unit is MOVE-IN-READY! This INCOME MACHINE will more than pay for itself! VA/FHA OK! (see supp) MINUTES to schools, library, freeways and public transportation! NOW is the time to buy in the constantly-gentrifying Lemon Grove! Features & Recent Upgrades Include: Stainless Steel Appliances—Both Units • Fresh Paint Inside & Out—Both Units • Newer Kitchen Cabinets & Granite Counters—Both Units • Remodeled Bathrooms • New Garage Doors & Openers • Dual-Paned Windows & Doors • NEW Central AC Systems—Both Units • Drip Irrigation System (8138) • Glass Shower Enclosure (8138 Master) • Ceiling Fans—Both Units • Walk-in Pantry (8138) • Walk-in Closet w/ Organizing System (8138) • Vinyl Gutters & Downspouts • Recessed Lighting—Both Units • • • PRIVATE Yards, Garages & Laundry are a Landlord's DREAM! • Always High Rental Demand • Fireplaces—Both Units • • • VA & FHA OK!! Neighborhoods: Lemon Grove Other Fees: 0 Unit # for Unit 1: 8136 Unit # for Unit 2: 8138 Number of Furnished Units: 0
Last Agent to Sell the Property
Jed Bratt
Big Block Realty, Inc License #0181062 Listed on: 06/07/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,684
Year Built
- Built in 1970
Lot Details
- Partially Fenced Property
- Drip System Landscaping
- Manual Sprinklers System
Home Design
- Composition Roof
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Additional Features
- 2-Story Property
- Zoned Cooling
Community Details
- 2 Units
Listing and Financial Details
- Tenant pays for trash collection, cable TV, electricity, gas
- Assessor Parcel Number 4804504000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 7, 2024
Sold by
Ta Minh Quang and Ta Kayla Phung
Bought by
Ta Family Trust and Ta
Total Days on Market
5
Current Estimated Value
Purchase Details
Closed on
Jun 3, 2020
Sold by
Ho Howard H
Bought by
Ta Minh Quang and Nguyen Kayla Phung
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,250
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 7, 2017
Closed on
Jun 16, 2017
Sold by
Samuels Robert
Bought by
Ho Howard H
Seller's Agent
Jed Bratt
Big Block Realty, Inc
Buyer's Agent
Toan Nguyen
Cal State Realty Services
List Price
$635,500
Sold Price
$635,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$476,250
Interest Rate
4.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 8, 2012
Sold by
Asian Residential V Llc
Bought by
Samuels Robert
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
3.56%
Mortgage Type
VA
Purchase Details
Closed on
Nov 21, 2011
Sold by
Torrero Estrada Ricardo and De Torrero Bertha A Sandoval
Bought by
Aslan Residential V Llc
Purchase Details
Closed on
Mar 16, 2011
Sold by
Estrada Ricardo
Bought by
Estrada Ricardo and Perez Teresa
Purchase Details
Closed on
Dec 7, 2010
Sold by
Estrada Ricardo T
Bought by
Estrada Ricardo T and Nunez Leticia
Purchase Details
Closed on
Oct 4, 2006
Sold by
Torrero Estrada Ricardo and De Torrero Bertha Alicia Sandoval
Bought by
Torrero Estrada Ricardo and Detorero Bertha Alicia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
1%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Sep 10, 2002
Sold by
Torrero Estrada Ricardo
Bought by
Torrero Estrada Ricardo and Detorrero Bertha Alicia Sandoval
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.99%
Purchase Details
Closed on
Feb 4, 1999
Sold by
Furnia Brian Thomas and Furnia Jean Baro
Bought by
Torrero Estrada Richardo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,274
Interest Rate
6.73%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 13, 1997
Sold by
Fuhr Donald R
Bought by
Furnia Brian Thomas and Furnia Jean Baro
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,100
Interest Rate
7.92%
Mortgage Type
VA
Purchase Details
Closed on
Sep 2, 1986
Similar Homes in Lemon Grove, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ta Family Trust | -- | None Listed On Document | |
| Ta Minh Quang | $725,000 | Lawyers Title San Diego | |
| Ho Howard H | $635,500 | Title 365 | |
| Samuels Robert | $350,000 | First American Title Company | |
| Aslan Residential V Llc | $261,000 | First American Title | |
| Estrada Ricardo | -- | None Available | |
| Estrada Ricardo T | -- | None Available | |
| Torrero Estrada Ricardo | -- | Old Republic Title Co Riv | |
| Torrero Estrada Ricardo | -- | Old Republic Title Co Riv | |
| Torrero Estrada Ricardo | -- | Old Republic Title Company | |
| Torrero Estrada Richardo | $171,000 | Chicago Title Co | |
| Furnia Brian Thomas | $158,000 | Lawyers Title | |
| -- | $115,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ta Minh Quang | $621,000 | |
| Previous Owner | Ta Minh Quang | $616,250 | |
| Previous Owner | Ho Howard H | $476,250 | |
| Previous Owner | Samuels Robert | $350,000 | |
| Previous Owner | Torrero Estrada Ricardo | $420,000 | |
| Previous Owner | Torrero Estrada Ricardo | $262,000 | |
| Previous Owner | Torrero Estrada Ricardo | $25,000 | |
| Previous Owner | Torrero Estrada Ricardo | $210,000 | |
| Previous Owner | Torrero Estrada Richardo | $169,274 | |
| Previous Owner | Furnia Brian Thomas | $158,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2017 06/27/17 | Sold | $635,500 | 0.0% | $238 / Sq Ft |
| 06/12/2017 06/12/17 | Pending | -- | -- | -- |
| 06/07/2017 06/07/17 | For Sale | $635,500 | +81.6% | $238 / Sq Ft |
| 08/15/2012 08/15/12 | Sold | $350,000 | +3.2% | $127 / Sq Ft |
| 04/27/2012 04/27/12 | Pending | -- | -- | -- |
| 02/13/2012 02/13/12 | For Sale | $339,000 | -- | $123 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $10,684 | $777,343 | $536,099 | $241,244 |
| 2023 | $10,419 | $762,102 | $525,588 | $236,514 |
| 2022 | $10,366 | $747,160 | $515,283 | $231,877 |
| 2021 | $10,230 | $732,511 | $505,180 | $227,331 |
| 2020 | $9,556 | $679,064 | $273,188 | $405,876 |
| 2019 | $9,405 | $665,750 | $267,832 | $397,918 |
| 2018 | $9,196 | $652,697 | $262,581 | $390,116 |
| 2017 | $5,773 | $371,361 | $149,399 | $221,962 |
| 2016 | $5,561 | $364,080 | $146,470 | $217,610 |
| 2015 | $5,531 | $358,612 | $144,270 | $214,342 |
| 2014 | $5,329 | $351,588 | $141,444 | $210,144 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2017
Jed Bratt
Big Block Realty, Inc
(619) 750-2751
49 Total Sales
-
Jamile Storck
Seller Co-Listing Agent in 2017
Jamile Storck
Jed Bratt, Broker
(619) 408-4336
46 Total Sales
-
Toan Nguyen
Buyer's Agent in 2017
Toan Nguyen
Cal State Realty Services
(858) 312-4905
1 in this area
28 Total Sales
-
J
Seller's Agent in 2012
Jeff Fechter
Jeffrey D. Fechter
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: 170029463
APN: 480-450-40
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