NOT LISTED FOR SALE

Estimated Value: $2,083,000 - $2,202,000

14 Beds
8 Baths
4,525 Sq Ft
$474/Sq Ft Est. Value

Last Sold March 04, 2019

Last sale price $1,295,000 $286 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $11,661/month

24 Days on Market

Highlights

  • City Lights View
  • Level Lot
  • Wood Siding
  • Partially Fenced Property

About This Home

As of March 2019

Great investment opportunity in a Golden Hill Victorian Craftsman residence built in 1904, Nower-Good House, City of San Diego Historic Site #168, operated now as "Mahedy Sober Living House" by a local non-profit. Property profile states 9 Bedrooms, 4 Baths, 1 half bath and lists 3 units. Existing use is one residence with 14 Rooms with Beds, 6 Baths, 2 half baths and 1 bath sink only. The kitchen has been updated and there is a large laundry area off kitchen on main level, plus large living room. Fireplace on entry level is non-operational. Hardwood floors on ground level. Additional Bedrooms and baths in basement and some in house not in Assessor's count. No income is being reported as existing residents will be relocated to another property prior to close of escrow. Property is two and a half stories with a basement per County records. Not all of the rooms with beds in the 14 room count have closets. BTVSFB4OE.

Last Agent to Sell the Property

Edward Mracek

Berkshire Hathaway HomeServices California Properties License #01021186 Listed on: 12/23/2018

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Karen Rockwell

Karen Rockwell Realty License #00547590

Last Buyer's Agent

Loren Sanders

Compass License #01139038

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $94

Year Built

  • Built in 1904

Lot Details

  • 4,050 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • City Lights Views

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • Mahedy House Community

Listing and Financial Details

  • Assessor Parcel Number 534-384-10-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$94

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: E Street
  • Neighborhood: Golden Hill
  • Supplement: Fireplace on entry level is non-operational. Hardwood floors on ground level. Additional Bedrooms and baths in basement and some in house not in Assessor's count. No income is being reported as existing residents will be relocated to another property prior to close of escrow. Property is two and a half stories with a basement per County records. Not all of the rooms with beds in the 14 room count have closets. BTVSFB4OE.
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1904
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood
  • Fencing: Partial
  • Roof: Composition
  • View: City, Evening Lights

Utilities

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

Condo/Co-op/Association

  • Complex Name: Mahedy House
  • Community: SAN DIEGO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: RM1-2
  • Assessor Parcel Number: 534-384-10-00
  • Estimated Lot Sq Ft: 4050
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Map Code Column: C
  • Map Code Page: 1289
  • Map Code Row: 3

Multi Family

  • No. of Units: 1
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 1
  • Number Of Units With Refrigerator: 1
  • Number Of Units With Washers: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2018
Closed on
Jan 24, 2019
Sold by
Vietnam Veterans Of San Diego Inc
Bought by
The Turning Point Home Of San Diego
Seller's Agent
Edward Mracek
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Loren Sanders
Compass
List Price
$1,295,000
Sold Price
$1,295,000
Current Estimated Value
$2,142,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$847,858
Avg. Annual Appreciation
7.21%
Original Mortgage
$845,000
Outstanding Balance
$744,401
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$1,293,236

Purchase Details

Closed on
Feb 26, 1997
Sold by
Richard Cardulla
Bought by
Vietnam Veterans Of San Diego Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 23, 1996
Sold by
Federal National Mortgage Association
Bought by
Cardulla Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,850
Interest Rate
7.04%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 1995
Sold by
Mcknight Pamela A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 5, 1989

Purchase Details

Closed on
Nov 4, 1988
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
The Turning Point Home Of San Diego $1,295,000 Chicago Title Company
Vietnam Veterans Of San Diego Inc $271,000 California Title Company
Cardulla Richard $152,000 Chicago Title Co
Federal National Mortgage Association $227,353 Fidelity National Title Ins
-- $310,300 --
-- $176,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Turning Point Home Of San Diego $845,000
Previous Owner Vietnam Veterans Of San Diego $1,000,000
Previous Owner Vietnam Veterans Of San Diego $281,000
Previous Owner Vietnam Veterans Of San Diego $427,000
Previous Owner Vietnam Veterans Of San Diego Inc $110,000
Previous Owner Cardulla Richard $197,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2019 03/04/19 Sold $1,295,000 0.0% $286 / Sq Ft
01/17/2019 01/17/19 Pending -- -- --
12/23/2018 12/23/18 For Sale $1,295,000 -- $286 / 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 $94 $1,444,592 $1,115,517 $329,075
2024 $94 $1,416,268 $1,093,645 $322,623
2023 $86 $1,388,499 $1,072,201 $316,298
2022 $85 $1,361,275 $1,051,178 $310,097
2021 $82 $1,334,584 $1,030,567 $304,017
2020 $80 $1,320,900 $1,020,000 $300,900
2019 $80 $395,650 $296,744 $98,906
2018 $78 $387,893 $290,926 $96,967
2017 $76 $380,288 $285,222 $95,066
2016 $72 $372,832 $279,630 $93,202
2015 $71 $367,233 $275,430 $91,803
2014 $72 $360,040 $270,035 $90,005
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 180068348

San Diego MLS

APN: 534-384-10