NOT LISTED FOR SALE

8136 Palm St Lemon Grove, CA 91945

Estimated Value: $922,081 - $1,342,000

5 Beds
4 Baths
2,668 Sq Ft
$402/Sq Ft Est. Value

Last Sold June 27, 2017

Last sale price $635,500 $238 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,577/month

5 Days on Market

About This Home

As of June 2017

RARE 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

Co-Listed By

Jamile Storck

Jed Bratt, Broker License #01920597

Last Buyer's Agent

Toan Nguyen

Cal State Realty Services License #01873841

Cal State Realty Services

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,684

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Subdivision Name Other: Lemon Grove
  • Zoning: R-2
  • Property Type: Residential Income
  • Parcel Number: 4804504000
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Levels: Two

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Sprinklers: Yes
  • Cooling: Zoned
  • Cooling: Yes

Lot Info

  • Lot Features: Sprinklers Drip System, Sprinklers Manual, Sprinkler System

Rental Info

  • Tenant Pays: Trash Collection, Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 19140.00
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

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
Current Estimated Value
$1,072,770

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
6.55%
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
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
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 $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 $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 -- $238 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,684 $792,888 $546,820 $246,068
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

  • J

    Seller's Agent in 2017

    Jed Bratt

    Big Block Realty, Inc

    Section Image
  • Jamile Storck

    Seller Co-Listing Agent in 2017

    Jamile Storck

    Jed Bratt, Broker

    (619) 408-4336

    40 Total Sales

    Jamile Storck
    Section Image
  • Toan Nguyen

    Buyer's Agent in 2017

    Toan Nguyen

    Cal State Realty Services

    (858) 312-4905

    28 Total Sales

    Toan Nguyen
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 170029463

California Regional Multiple Listing Service (CRMLS)

APN: 480-450-40

California San Diego County Lemon Grove 91945

8136 Palm St, Lemon Grove, CA

This home is located at 8136 Palm St, Lemon Grove, CA 91945 since 07 June 2017 and is currently estimated at $1,072,770, approximately $402 per square foot. This property was built in 1970. 8136 Palm St is a home located in San Diego County with nearby schools including Mount Miguel High School, Saint John Of The Cross Catholic School, and Lighthouse Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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