NOT LISTED FOR SALE

Estimated Value: $689,000 - $829,000

4 Beds
2 Baths
-- Sq Ft
6,046 Sq Ft Lot

Last Sold October 27, 2015

Last sale price $400,000

Est. 92% increase in value since last sale

Current estimated payment $4,787/month

32 Days on Market

About This Home

As of October 2015

This duplex features 2 units side by side. Both are 2bdm, 1ba, with full living room, kitchen & side door access to the backyard to enjoy for gatherings, or can be turned into extra parking. Each unit also has their own garage space for extra storage or parking. Unit 854 was remodeled 3 years ago and is in great shape. Located close to schools, churches, grocery/shopping centers & is commuter friendly.

Last Agent to Sell the Property

Cornelius Jackson

CLJ Realty Group License #02023426 Listed on: 07/28/2015

Last Buyer's Agent

Ellie Taj Tajbakhsh

USAFC Realty License #01762442

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,737

Year Built

  • Built in 1954

Lot Details

  • 6,046 Sq Ft Lot
  • Gated Home

Home Design

  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 541-551-03-00

Community Details

Pet Policy

  • No Pets Allowed

Additional Features

  • 2 Units
  • Net Operating Income $23,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,737

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: Hilltop Dr
  • Neighborhood: Downtown San Diego
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1954
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Boat Facilities: No/Unknown
  • Exterior Material: Stucco
  • Fencing: Gate

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected

Condo/Co-op/Association

  • Pets Allowed: No Pets Allowed
  • Community: SAN DIEGO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 541-551-03-00
  • Estimated Lot Sq Ft: 6046
  • Estimated Number of Acres: 0.1388

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 23000
  • Annual Expense Actual: 4000
  • Gross Rent Multiplier Actual: 2250.0
  • Gross Sched Income Actual: 27000
  • Number Of Buildings: 1
  • Number Of Furnished Units: 2
  • Number Of Units With Cooling: 2
  • 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
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2
  • Percent Owner Occupancy: 100.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2015
Closed on
Oct 16, 2015
Sold by
Anderson Brown Miesha C
Bought by
Villanueva Gerardo Salgado
Seller's Agent
Cornelius Jackson
CLJ Realty Group
Buyer's Agent
Ellie Taj Tajbakhsh
USAFC Realty
List Price
$399,999
Sold Price
$400,000
Premium/Discount to List
$1
0.0%
Total Days on Market
32
Current Estimated Value
$767,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,474
Avg. Annual Appreciation
6.97%
Original Mortgage
$392,755
Interest Rate
3.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 17, 2006
Sold by
Anderson Melvin
Bought by
Anderson Melvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 8, 2001
Sold by
Anderson Melvin
Bought by
Anderson Melvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,250
Interest Rate
11%

Purchase Details

Closed on
Jul 27, 2001
Sold by
Anderson Melvin
Bought by
Anderson Melvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,250
Interest Rate
11%

Purchase Details

Closed on
Mar 4, 1997
Sold by
Melvin Anderson
Bought by
Anderson Melvin
Source: Public Records

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Range of Values:

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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
Villanueva Gerardo Salgado $400,000 Usa Title
Anderson Melvin -- Commonwealth Land Title Co
Anderson Melvin -- Commonwealth Land Title Co
Anderson Melvin -- --
Anderson Melvin -- Commonwealth Land Title Co
Anderson Melvin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villanueva Gerardo Salgado $344,500
Closed Villanueva Gerardo Salgado $392,755
Previous Owner Anderson Melvin $200,000
Previous Owner Anderson Melvin $120,250
Previous Owner Anderson Melvin $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2015 10/27/15 Sold $400,000 0.0% --
08/19/2015 08/19/15 Pending -- -- --
07/18/2015 07/18/15 For Sale $399,999 -- --
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
2024 $5,737 $464,230 $174,085 $290,145
2023 $5,610 $455,128 $170,672 $284,456
2022 $5,461 $446,205 $167,326 $278,879
2021 $5,424 $437,457 $164,046 $273,411
2020 $5,358 $432,972 $162,364 $270,608
2019 $5,263 $424,483 $159,181 $265,302
2018 $4,921 $416,160 $156,060 $260,100
2017 $4,804 $408,000 $153,000 $255,000
2016 $4,727 $400,000 $150,000 $250,000
2015 $576 $46,468 $14,006 $32,462
2014 $568 $45,559 $13,732 $31,827
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 150041299

San Diego MLS

APN: 541-551-03