NOT LISTED FOR SALE

8943 Lamar St Spring Valley, CA 91977

Estimated Value: $794,677 - $931,000

5 Beds
3 Baths
1,688 Sq Ft
$523/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $465,500 $276 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,225/month

90 Days on Market

About This Home

As of January 2017

BREAD & BUTTER Duplex live in one and let the other help make the payment. Tenants are on a month to month agreement without a raise in the rents for almost five years. Wonderful large private yards that need TLC but offer lots of room for the kids or BBQ and relaxing. Please call listing agent and do not disturb the tenants, agent will arrange a showing to qualified buyers Neighborhoods: Spring Valley Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Chuck Garner

Coldwell Banker West License #01874052 Listed on: 10/03/2016

Coldwell Banker West

Last Buyer's Agent

Jess Williams

Generation Real Estate License #01428113

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,158

Year Built

  • Built in 1976

Lot Details

  • 7,000

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Heating Available
  • Electric Water Heater

Additional Features

  • 2-Story Property
  • 7,000 Sq Ft Lot

Community Details

  • 2 Units
  • Net Operating Income $24,300

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 5032732200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,158

Year Built

Built in 1976

Lot Details

0

Listing Details

  • CapRate: 6.00
  • Subdivision Name Other: Spring Valley
  • Zoning: R2
  • Property Type: Residential Income
  • Parcel Number: 5032732200
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Appliances: Yes
  • Levels: Two

Exterior Features

  • Pool Private: No
  • Roof: Composition

Utilities

  • Heating: Yes
  • Appliances: Electric Water Heater
  • Heating Type: Electric

Lot Info

  • Lot Size Sq Ft: 7000.00

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Scheduled Income: 28800.00
  • Lot Size Area: 7000.0000 Square Feet
  • Net Operating Income: 24300.00
  • Number Of Units Total: 2
  • Number With Refrigerator: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2021
Sold by
Landa Fabian Jimenez and Nafarrate Rosyluz
Bought by
Landa Fabian Jimenez and Jimenez Rosyluz
Current Estimated Value
$882,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,200
Outstanding Balance
$415,244
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$467,175

Purchase Details

Listed on
Oct 3, 2016
Closed on
Jan 3, 2017
Sold by
Salas Henry A
Bought by
Landa Fabian Jimenez and Nafarrate Rosyluz
Seller's Agent
Chuck Garner
Coldwell Banker West
Buyer's Agent
Chuck Garner
Coldwell Banker West
List Price
$465,500
Sold Price
$465,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$457,068
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 2013
Sold by
Salas Henry A
Bought by
Salas Henry A

Purchase Details

Closed on
Aug 27, 2010
Sold by
Salas Henry and Salas Marlowe Elizabeth
Bought by
Salas Henry

Purchase Details

Closed on
Nov 4, 2009
Sold by
Mackey William and Mackey Linda
Bought by
Salas Henry

Purchase Details

Closed on
Sep 2, 2009
Sold by
Nolen Sandra E and Nolen Sandra Elizabeth
Bought by
Mackey William and Mackey Linda

Purchase Details

Closed on
Sep 24, 1996
Sold by
Newlin Elizabeth R
Bought by
Newlin Elizabeth R
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
Landa Fabian Jimenez -- Servicelink
Landa Fabian Jimenez $465,500 California Title
Salas Henry A -- None Available
Salas Henry -- None Available
Salas Henry $275,000 First American Title
Mackey William $190,000 First American Title
Newlin Elizabeth R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landa Fabian Jimenez $458,200
Closed Landa Fabian Jimenez $457,068
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2017 01/31/17 Sold $465,500 0.0% $276 / Sq Ft
01/01/2017 01/01/17 Pending -- -- --
10/03/2016 10/03/16 For Sale $465,500 -- $276 / 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 $7,158 $540,244 $196,449 $343,795
2024 $7,158 $529,652 $192,598 $337,054
2023 $6,930 $519,268 $188,822 $330,446
2022 $6,811 $509,087 $185,120 $323,967
2021 $6,748 $499,106 $181,491 $317,615
2020 $6,477 $493,990 $179,631 $314,359
2019 $6,462 $484,305 $176,109 $308,196
2018 $6,265 $474,809 $172,656 $302,153
2017 $4,259 $305,852 $111,218 $194,634
2016 $4,093 $299,856 $109,038 $190,818
2015 $4,056 $295,353 $107,401 $187,952
2014 $3,987 $289,569 $105,298 $184,271
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Chuck Garner

    Coldwell Banker West

    Section Image

  • J

    Buyer's Agent in 2017

    Jess Williams

    Generation Real Estate

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160054066

California Regional Multiple Listing Service (CRMLS)

APN: 503-273-22

California San Diego County Spring Valley 91977

8943 Lamar St, Spring Valley, CA

This home is located at 8943 Lamar St, Spring Valley, CA 91977 since 03 October 2016 and is currently estimated at $882,419, approximately $522 per square foot. This property was built in 1976. 8943 Lamar St is a home located in San Diego County with nearby schools including Bancroft Elementary School, Spring Valley Middle School, and Monte Vista High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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