NOT LISTED FOR SALE

9064 Meghan Ct Spring Valley, CA 91977

Estimated Value: $681,000 - $1,015,000

6 Beds
2 Baths
2,200 Sq Ft
$392/Sq Ft Est. Value

Last Sold November 08, 2018

Last sale price $480,000 $218 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,329/month

92 Days on Market

Highlights

  • Partially Fenced Property
  • 1-Story Property
  • 4-minute walk to Lamar Park

About This Home

As of November 2018

Private drive and private location off the main street. Ground floor units with one wall shared and opposite side front door entries. W/D hook ups and fenced-in backyards for both. 2 parking spaces per unit and guest parking, a fireplace in each living room. Near Lamar County and Goodland Acres parks. Easy access to freeways, various shopping and schools. Unit A has a new kitchen, both units need some TLC. Multi-unit investment for the price of one! A unit's kitchen was upgraded with granite countertops and cabinetry. Both units offer spacious room to growing family with backyards to play or entertain. Low traffic driveway off the main street offers increased play safety. Elementary, middle and high schools are nearby. With upgrades, rent is estimated at $2200/mo+ and the area estimated to increase in price 0.2% for the year. Projected rents in financial section are based on as is units.

Last Agent to Sell the Property

Colleen Moore

Thank You Heroes Realty License #01249845 Listed on: 07/05/2018

Co-Listed By

David Moore

Thank You Heroes Realty License #01264382

Last Buyer's Agent

Cheryl Horn

Cheryl Horn, Broker License #01900723

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,317

Year Built

  • Built in 1983

Lot Details

  • 8,799

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Partially Fenced Property
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 504-113-12-00

Community Details

Overview

  • 2 Units
  • Meghan Court Community

Building Details

  • Net Operating Income $28,133

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,317

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Bancroft
  • Neighborhood: Meghan Court
  • Supplement: Multi-unit investment for the price of one! A unit's kitchen was upgraded with granite countertops and cabinetry. Both units offer spacious room to growing family with backyards to play or entertain. Low traffic driveway off the main street offers increased play safety. Elementary, middle and high schools are nearby. With upgrades, rent is estimated at $2200/mo+ and the area estimated to increase in price 0.2% for the year. Projected rents in financial section are based on as is units.
  • LP / Sq Ft: 13.44
  • Stories: 1 Story
  • Sale Price List Price: 0.92
  • Total Stories: 1
  • Year Built: 1983
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Cooling: Wall/Window

Condo/Co-op/Association

  • Complex Name: Meghan Court
  • Community: SPRING VALLEY
  • Manager Name: Meridian Property Managem
  • Manager Phone: 858-578-7284

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Assessor Parcel Number: 504-113-12-00

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 28133
  • Annual Expense Actual: 9667
  • Annual Expense Projected: 4505
  • Gross Rent Multiplier Actual: 13.8
  • Gross Rent Multiplier Projected: 12.0
  • Gross Sched Income Actual: 37800
  • Gross Sched Income Projected: 43200
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Fireplaces: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2019
Sold by
Song Bongyong and Jung Ji Yun
Bought by
Song Bongyong and Jung Ji Yun
Current Estimated Value
$861,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Outstanding Balance
$219,854
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$639,488

Purchase Details

Listed on
Jul 5, 2018
Closed on
Oct 22, 2018
Sold by
Shibley Robert A and Shibley Michele D
Bought by
Song Bong Yong and Jung Ji Yun
Seller's Agent
Colleen Moore
Thank You Heroes Realty
Buyer's Agent
Cheryl Horn
Cheryl Horn, Broker
List Price
$520,000
Sold Price
$480,000
Premium/Discount to List
-$40,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%
Original Mortgage
$360,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2006
Sold by
Shibley Mark R and Shibley Mary Kay
Bought by
Shibley Robert A and Shibley Michele D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 3, 2004
Sold by
Shibley Robert A and Shibley Michele D
Bought by
Shibley Robert A and Shibley Michele D

Purchase Details

Closed on
May 12, 2004
Sold by
Fleming Jimmy and Fleming Marilyn
Bought by
Shibley Robert A and Shibley Michele D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,500
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2002
Sold by
Patt M Donald
Bought by
Fleming Jimmy and Fleming Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,600
Interest Rate
6.78%

Purchase Details

Closed on
Dec 20, 1999
Sold by
Kaye Gerald Q Tr & Kaye Beverly E Tr
Bought by
Patt M Donald and The M Donald Patt Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
4.35%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Song Bongyong -- Chicago Title Company
Song Bong Yong $480,000 Ticor Title San Diego
Shibley Robert A -- Accommodation
Shibley Mark R -- Southland Title
Shibley Robert A -- --
Shibley Robert A -- --
Shibley Robert A $535,000 --
Fleming Jimmy $297,000 United Title Company
Patt M Donald $184,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Song Bongyong $336,000
Closed Song Bong Yong $360,000
Previous Owner Shibley Mark R $488,000
Previous Owner Shibley Robert A $374,500
Previous Owner Fleming Jimmy $237,600
Previous Owner Patt M Donald $147,200
Closed Shibley Robert A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2018 11/08/18 Sold $480,000 -7.7% $218 / Sq Ft
10/06/2018 10/06/18 Pending -- -- --
07/05/2018 07/05/18 For Sale $520,000 -- $236 / 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 $7,317 $546,927 $243,122 $303,805
2024 $7,317 $536,204 $238,355 $297,849
2023 $7,086 $525,691 $233,682 $292,009
2022 $6,967 $515,384 $229,100 $286,284
2021 $6,904 $505,279 $224,608 $280,671
2020 $6,507 $489,599 $211,805 $277,794
2019 $6,412 $480,000 $207,652 $272,348
2018 $6,094 $460,000 $199,000 $261,000
2017 $5,586 $420,000 $182,000 $238,000
2016 $5,127 $390,000 $169,000 $221,000
2015 $4,803 $360,000 $156,000 $204,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Colleen Moore

    Thank You Heroes Realty

    (619) 370-7389

    3 in this area

    130 Total Sales

    Section Image

  • D

    Seller Co-Listing Agent in 2018

    David Moore

    Thank You Heroes Realty

    Section Image
  • Cheryl Horn

    Buyer's Agent in 2018

    Cheryl Horn

    Cheryl Horn, Broker

    (858) 692-4249

    2 in this area

    10 Total Sales

    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 180036625

San Diego MLS

APN: 504-113-12

California San Diego County Spring Valley 91977

9064 Meghan Ct, Spring Valley, CA

This home is located at 9064 Meghan Ct, Spring Valley, CA 91977 since 05 July 2018 and is currently estimated at $861,874, approximately $391 per square foot. This property was built in 1983. 9064 Meghan Ct is a home located in San Diego County with nearby schools including Sweetwater Springs Elementary School, Science, Technology, Engineering, Arts, And Math Academy, 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.

San Diego MLS This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS.

Nearby Homes