NOT LISTED FOR SALE

8270 Linden Rd Lakeside, CA 92040

Estimated Value: $629,000 - $766,578

2 Beds
2 Baths
1,194 Sq Ft
$564/Sq Ft Est. Value

Last Sold February 10, 2022

Last sale price $525,000 $440 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,169/month

81 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace
  • El Capitan High School Rated A-

About This Home

As of February 2022

FIXER UPPER DUPLEX -Two older 1 bedroom 1 bathroom units with shared front and small private back yards in older neighborhood usually attracts long term tenants.

Last Agent to Sell the Property

Mark Allen

Xanthus License #00611684 Listed on: 09/03/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,715

Year Built

  • Built in 1949

Lot Details

  • 8,303 Sq Ft Lot
  • No Common Walls
  • No Landscaping

Home Design

  • 1,194 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 168.06/2
  • Tax Tract Number 82036
  • Assessor Parcel Number 3885526200

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • New Taxes Expense $7,000
  • Operating Expense $14,100
  • Gross Income $34,800
  • Net Operating Income $18,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,715

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 3.22
  • Price Per Unit: 274950
  • Property Attached: No
  • Zoning: RV Animal Designator Q
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 3885526200
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 439.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 8303.00
  • Lot Size Acres: 0.1906

Multi Family

  • Gross Income: 34800.00
  • Gross Scheduled Income: 34800.00
  • Insurance Expense: 900.00
  • Lot Size Area: 8303.0000 Square Feet
  • Net Operating Income: 18960.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 14100.00
  • Rent Control: No
  • Total Expenses: 14100.00

Tax Info

  • New Taxes Expense: 7000.00
  • Tax Lot: 168.06/2
  • Tax Tract Number: 82036

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2021
Sold by
Kolk Varnado Trust
Bought by
Rubio Carlos Angel
Current Estimated Value
$673,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,490
Interest Rate
3.11%

Purchase Details

Closed on
Aug 23, 2019
Sold by
Varnado Betty and Kolk Daniel P
Bought by
Kolk Daniel P and Varnado Betty D

Purchase Details

Closed on
Nov 3, 2010
Sold by
Varnado Cheryl
Bought by
Varnado Cheryl A and Richardson Kent L

Purchase Details

Closed on
Oct 23, 2009
Sold by
Varnado Cheryl and Varnado Betty
Bought by
Varnado Cheryl and Varnado Betty

Purchase Details

Closed on
Nov 14, 2000
Sold by
Varnado Ellis M
Bought by
Varnado Ellis M

Purchase Details

Closed on
Nov 14, 1983
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
Rubio Carlos Angel $525,000 Fidelity National Title
Varnado Richardson Family Trust -- Fidelity National Title
Kolk Varnado Trust -- Fidelity National Title
Kolk Daniel P -- None Available
Varnado Cheryl A -- None Available
Varnado Cheryl -- None Available
Varnado Ellis M -- --
-- $68,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rubio Carlos Angel $515,490
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2022 02/10/22 Sold $525,000 -4.5% $440 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
09/25/2021 09/25/21 Price Changed $549,900 -6.6% $461 / Sq Ft
09/03/2021 09/03/21 For Sale $589,000 -- $493 / 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 $7,715 $557,131 $324,860 $232,271
2024 $7,715 $546,208 $318,491 $227,717
2023 $7,426 $535,499 $312,247 $223,252
2022 $2,652 $133,889 $78,070 $55,819
2021 $2,632 $131,265 $76,540 $54,725
2020 $2,550 $129,920 $75,756 $54,164
2019 $2,504 $127,373 $74,271 $53,102
2018 $2,402 $124,876 $72,815 $52,061
2017 $2,307 $122,429 $71,388 $51,041
2016 $2,212 $120,030 $69,989 $50,041
2015 $2,189 $118,228 $68,938 $49,290
2014 -- $115,913 $67,588 $48,325
Source: Public Records

Agents Affiliated with this Home

  • Mark Allen

    Seller's Agent in 2022

    Mark Allen

    Xanthus

    (760) 789-7000

    1 in this area

    39 Total Sales

    Mark Allen
    Section Image

  • J

    Seller's Agent in 2022

    Julie Kono-Manning

    T. Okamoto & Co.

    (415) 871-0335

    1 in this area

    38 Total Sales

    Julie Kono-Manning
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2106295

California Regional Multiple Listing Service (CRMLS)

APN: 388-552-62

California San Diego County Lakeside 92040

8270 Linden Rd, Lakeside, CA

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