Michelle Tharayil
Compass
(747) 292-6844
24 Total Sales
1 in Spring Valley
$1,500,000 Price
8904 Lamar St Spring Valley, CA 91977
Spring Valley AreaEstimated Value: $837,429
4
Beds
2
Baths
1,680
Sq Ft
$498/Sq Ft
Est. Value
Highlights
- Partially Fenced Property
- 1-Story Property
- 5-minute walk to Lamar Park
- Wood Siding
About This Home
As of December 2023Great investment! Duplex with 2 bedrooms 1 bath each. Large yards front and back. Mature trees in the back yards. Stove, refrigerator, microwave and washer/dryer convey. New roof. New mini-splits in each unit (HVAC). Unit 8904 has been recently updated. Both units are in good condition. Long term renter in 8906. Lamar County Park is 50' away at the end of the cul-de-sac. This property also owns the easement that runs behind the homes out to Lamar St. Seller uses this to park extra vehicles when needed. CAP rate is approx 6% at current rents (rents need to be raised to meet market standards)
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 15,682 Sq Ft Lot
- Partially Fenced Property
Home Design
- Composition Roof
- Wood Siding
Interior Spaces
- 1-Story Property
Community Details
- 2 Units
- Net Operating Income $44,640
Listing and Financial Details
- Tenant pays for sewer, water, electricity, hot water
- Assessor Parcel Number 503-271-46-00
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 12, 2024
Sold by
Williams Jameson
Bought by
Current Estimated Value
Purchase Details
Listed on
Oct 19, 2023
Closed on
Nov 15, 2023
Sold by
Cabral Trust
Bought by
Williams Jameson
Seller's Agent
Jean Kaiser
LPT Realty, Inc
Buyer's Agent
Frank Marquez
Finest City Homes & Loans
List Price
$775,000
Sold Price
$735,000
Premium/Discount to List
-$40,000
-5.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Original Mortgage
$551,250
Interest Rate
7.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 6, 2022
Sold by
Cabral Joseph J and Cabral Betty J
Bought by
Cabral Trust
Purchase Details
Closed on
Nov 21, 2005
Sold by
Cabral Joseph Warren and Cabral Betty Jean
Bought by
Cabral Joseph W and Cabral Betty J
Purchase Details
Closed on
Oct 30, 1990
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Spring Valley, CA
-
Michelle Tharayil
-
Daniel Di Matteo
Daniel Di Matteo
Century 21 Affiliated
(858) 223-9281
44 Total Sales
2 in Spring Valley
$825K - $1.1M Price Range
-
Dean Alzaro
Dean Alzaro
Pellego Inc
(858) 293-5291
26 Total Sales
3 in Spring Valley
$170K - $1.1M Price Range
-
Jenn Edwards
Jenn Edwards
Harcourts One
(619) 257-2618
49 Total Sales
1 in Spring Valley
$660,000 Price
-
Andrew Plante
Andrew Plante
Renovation Realty
(858) 766-6340
60 Total Sales
1 in Spring Valley
$1,093,260 Price
-
Sheryl Kerstiens
Sheryl Kerstiens
LPT Realty, Inc
(442) 281-9623
8 Total Sales
1 in Spring Valley
$970,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| Williams Jameson | $735,000 | Chicago Title | |
| Cabral Joseph W | -- | Preston Estate Planning | |
| Cabral Trust | -- | Preston Estate Planning | |
| Cabral Joseph W | -- | -- | |
| -- | $100,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $582,000 | ||
| Previous Owner | Williams Jameson | $574,568 | |
| Previous Owner | Williams Jameson | $551,250 | |
| Previous Owner | Cabral Joseph W | $194,500 | |
| Previous Owner | Cabral Joseph Warren | $230,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/04/2023 12/04/23 | Sold | $735,000 | -5.2% | $438 / Sq Ft |
| 11/08/2023 11/08/23 | Pending | -- | -- | -- |
| 10/19/2023 10/19/23 | For Sale | $775,000 | -- | $461 / Sq Ft |
Source: San Diego MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $10,023 | $764,694 | $382,347 | $382,347 |
| 2025 | $10,023 | $749,700 | $374,850 | $374,850 |
| 2024 | $9,650 | $735,000 | $367,500 | $367,500 |
| 2023 | $2,988 | $173,332 | $86,666 | $86,666 |
| 2022 | $2,912 | $169,934 | $84,967 | $84,967 |
| 2021 | $2,888 | $166,602 | $83,301 | $83,301 |
| 2020 | $2,749 | $164,894 | $82,447 | $82,447 |
| 2019 | $2,701 | $161,662 | $80,831 | $80,831 |
| 2018 | $2,582 | $158,494 | $79,247 | $79,247 |
| 2017 | $2,483 | $155,388 | $77,694 | $77,694 |
| 2016 | $2,374 | $152,342 | $76,171 | $76,171 |
| 2015 | $2,362 | $150,054 | $75,027 | $75,027 |
| 2014 | $2,328 | $147,116 | $73,558 | $73,558 |
Source: Public Records
Agents Affiliated with this Home
-
Jean Kaiser
Seller's Agent in 2023
Jean Kaiser
LPT Realty, Inc
(619) 887-6469
47 Total Sales
-
Frank Marquez
Buyer's Agent in 2023
Frank Marquez
Finest City Homes & Loans
(619) 623-1226
26 Total Sales
Map
Source: San Diego MLS
MLS Number: 230020456
APN: 503-271-46
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