NOT LISTED FOR SALE

8934 Troy St Spring Valley, CA 91977

5 Beds
2 Baths
-- Sq Ft
0.65 Acres

Last Sold May 26, 2021

Last sale price $500,000

9 Days on Market

Highlights

  • 0.65 Acre Lot
  • Level Lot
  • 2-minute walk to Goodland Acres Park
  • Gated Home
  • 1-Story Property

About This Home

As of May 2021

Great fixer opportunity. This is a 2 on 1 and a land lease currently on the property as well. This property is not financeable. Bring your flippers and contractors with some imagination and creativity! Good cash flow for an investor for a fix and hold.

Last Agent to Sell the Property

BILL DERIDDER

Quality First Real Estate License #00633709 Listed on: 04/11/2021

Last Buyer's Agent

Richard Spiering

Compass License #02015308

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 0.65 Acre Lot
  • Gated Home
  • Property is Fully Fenced
  • Level Lot

Parking

  • RV Potential

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas/propane, water
  • Assessor Parcel Number 503-273-36-00

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Goodland Acres Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: BANCROFT
  • Neighborhood: SPRING VALLEY
  • Stories: 1 Story
  • Sale Price List Price: 0.86
  • Total Stories: 1
  • Year Built: 1950
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Prkng Non Garage Spac U1: 3
  • Prkng Non Garage Spac U2: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full, Gate
  • Roof: Composition

Garage/Parking

  • Parking for RV: Potential Space

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Complex Name: GOODLAND ACRES
  • Pets Allowed: Yes
  • Community: SPRING VALLEY

Lot Info

  • Lot Size: .5 to 1 AC
  • Site: Public Street
  • Topography: Level
  • Zoning: SPECIAL AN
  • Assessor Parcel Number: 503-273-36-00
  • Estimated Lot Sq Ft: 28314
  • Estimated Number of Acres: 0.65
  • Map Code Column: A
  • Map Code Page: 1271
  • Map Code Row: 6

Rental Info

  • Tenant Pays: Electricity, Gas/Propane, Water

Multi Family

  • No. of Units: 2
  • Gross Rent Multiplier Actual: 18.0
  • Gross Rent Multiplier Projected: 12.0
  • Number Of Buildings: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2021 05/26/21 Sold $500,000 -13.8% --
04/21/2021 04/21/21 Pending -- -- --
04/11/2021 04/11/21 For Sale $580,000 -- --
Source: San Diego MLS

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 $8,176 $541,214 $389,674 $151,540
2024 $8,176 $530,603 $382,034 $148,569
2023 $7,897 $520,200 $374,544 $145,656
2022 $7,731 $510,000 $367,200 $142,800
2021 $4,532 $234,526 $97,692 $136,834
2020 $4,302 $232,122 $96,691 $135,431
2019 $4,228 $227,572 $94,796 $132,776
2018 $4,013 $223,111 $92,938 $130,173
2017 $3,833 $218,737 $91,116 $127,621
2016 $3,640 $214,449 $89,330 $125,119
2015 $3,615 $211,229 $87,989 $123,240
2014 $3,566 $207,092 $86,266 $120,826
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210009379

San Diego MLS

APN: 503-273-36-00