NOT LISTED FOR SALE

Estimated Value: $2,408,000 - $2,811,923

5 Beds
3 Baths
2,222 Sq Ft
$1,157/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $1,700,000 $765 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $15,879/month

16 Days on Market

Highlights

  • Bay View
  • Property is Fully Fenced
  • Wood Siding
  • Pacific Beach Elementary School Rated A-
  • Level Lot
  • 4-minute walk to Mission Point Park

About This Home

As of May 2019

Just in time for summer in South Mission Beach! This 2 unit property is on the sunny side of a charming court just steps to the bay & ocean! Ideal layout offers 2 bed/1 bath unit downstairs & 3 bed/ 2 bath unit upstairs. Both enjoy excellent sunlight, spacious living rooms, defined dining areas, & great kitchens! Bedrooms have ample closet space. Property has gated front patio, 3 XL covered parking spaces, coin laundry, & exterior storage. Perfect for owner occupy, second home or vacation rental!

Last Agent to Sell the Property

Steve Cairncross

Berkshire Hathaway HomeServices California Properties License #00859218 Listed on: 03/22/2019

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Matt Tovey

Berkshire Hathaway HomeServices California Properties License #02014449

Last Buyer's Agent

Rossana Pestana

Realty One Group Extreme License #01295924

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,805

Year Built

  • Built in 1975

Lot Details

  • 2,400 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Parking

  • Alley Access

Property Views

  • Bay
  • City Lights

Home Design

  • Rolled or Hot Mop Roof
  • Composition Roof
  • Wood Siding

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter

Additional Features

  • 2-Story Property
  • West of 5 Freeway

Listing and Financial Details

  • Assessor Parcel Number 423-747-12-00

Community Details

Overview

  • 2 Units
  • 822 824 Allerton Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,805

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Bayside Lane
  • Neighborhood: South Mission Beach
  • Stories: 2 Story
  • Sale Price List Price: 0.96
  • Total Stories: 2
  • Year Built: 1975
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood
  • Fencing: Full
  • Roof: Composition, Rolled/Hot Mop
  • View: Bay, City, Evening Lights

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: 822-824 Allerton
  • Pets Allowed: Yes
  • Community: MISSION BEACH

Lot Info

  • Lot Size: 1-3,999 SF
  • Site: Alley Access, Public Street, Sidewalks, Street Paved, West of I-5
  • Topography: Level
  • Assessor Parcel Number: 423-747-12-00
  • Estimated Lot Dimensions: 30x80
  • Estimated Lot Sq Ft: 2400

Multi Family

  • No. of Units: 2
  • Gross Rent Multiplier Actual: 26.0
  • Gross Rent Multiplier Projected: 18.0
  • Gross Sched Income Actual: 70000
  • Gross Sched Income Projected: 100000
  • Number Of Buildings: 1
  • Number Of Furnished Units: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2021
Sold by
Davenport Jeffrey R
Bought by
Davenport Jeffrey R and Davenport Celine Landry
Current Estimated Value
$2,570,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,180,000
Outstanding Balance
$1,065,397
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,505,084

Purchase Details

Listed on
Mar 22, 2019
Closed on
May 23, 2019
Sold by
Davenport Celine
Bought by
Davenport Jeffrey R
Seller's Agent
Steve Cairncross
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Rossana Pestana
Realty One Group Extreme
List Price
$1,775,000
Sold Price
$1,700,000
Premium/Discount to List
-$75,000
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$1,190,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2019
Closed on
Apr 17, 2019
Sold by
Hill Family Trust
Bought by
Davenport Jeffrey R
Seller's Agent
Steve Cairncross
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Rossana Pestana
Realty One Group Extreme
List Price
$1,775,000
Sold Price
$1,700,000
Premium/Discount to List
-$75,000
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,190,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2003
Sold by
Hill David R and Hill Gloria L
Bought by
Hill David R and Hill Gloria L

Purchase Details

Closed on
Mar 8, 1999
Sold by
Hill John C
Bought by
Hill David R and Hill Gloria L

Purchase Details

Closed on
Jul 17, 1990

Purchase Details

Closed on
Jun 17, 1987
Source: Public Records

Range of Values:

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Average Value
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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
Davenport Jeffrey R -- Lawyers Title Sd
Davenport Jeffrey R -- Chicago Title Co Sd
Davenport Jeffrey R $1,700,000 Chicago Title Company
Hill David R -- --
Hill David R -- Chicago Title Co
-- $480,000 --
-- $389,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davenport Jeffrey R $1,180,000
Closed Davenport Jeffrey R $1,190,000
Previous Owner Hill David R $200,000
Previous Owner Hill David R $100,000
Previous Owner Hill David R $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $1,700,000 -4.2% $765 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $1,775,000 -- $799 / 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 $22,805 $1,896,377 $1,634,232 $262,145
2024 $22,805 $1,859,194 $1,602,189 $257,005
2023 $22,300 $1,822,740 $1,570,774 $251,966
2022 $21,704 $1,787,001 $1,539,975 $247,026
2021 $21,552 $1,751,963 $1,509,780 $242,183
2020 $21,375 $1,734,000 $1,494,300 $239,700
2019 $9,367 $756,313 $437,401 $318,912
2018 $8,759 $741,484 $428,825 $312,659
2017 $8,562 $726,946 $420,417 $306,529
2016 $8,426 $712,693 $412,174 $300,519
2015 $8,303 $701,988 $405,983 $296,005
2014 $8,166 $688,238 $398,031 $290,207
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 190015573

San Diego MLS

APN: 423-747-12