$850,000
SOLD FEB 14, 2025
4 Beds
2.5 Baths
2,539 Sq Ft
0.28 Acres

Recently Sold

$335 Per Sq Ft

165 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Workshop
  • Main Floor Bedroom
  • Home Office
  • Cooling System Mounted To A Wall/Window

About This Home

As of February 2025

Investment property GEM!  Live in one and rent the other or rent them both.  There are 2 separate homes. The front house is a 1 bed, 1 bath. And the back house is a 3 bed, 1 bath home with tons of privacy as it sits behind the front house.  There are 3 additional spaces for storage and a large billboard on property which currently brings in additional monthly income plus profit sharing. The property has been freshly painted inside and out, and is surrounded by lush landscaping, offering plenty of shade and a tranquil environment. Located in the heart of Spring Valley, this property benefits greatly from its centralized location just off the 94 and 125 freeways and within minutes of Interstate 8 and downtown San Diego. Whether you're looking for a peaceful environment for your own business, looking for leasing opportunities or to expand your real estate portfolio, this is an amazing opportunity you won't want to miss!

Last Agent to Sell the Property

Lindsay Ciota

Impact Real Estate Brokerage Phone: 760-468-2534 License #01878253 Listed on: 06/10/2024

Last Buyer's Agent

Dacia McComb

Steele Canyon Realty License #01290645

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,285

Year Built

  • Built in 1978

Lot Details

  • 0.28 Acre Lot
  • No Units Above
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Home Design

  • Property Attached
  • Mixed Use

Interior Spaces

  • 2,539 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Home Office
  • Workshop

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • 5 Units
  • Spring Valley Subdivision

Listing and Financial Details

  • Tax Lot 216
  • Tax Tract Number 1872
  • Assessor Parcel Number 5003000200
  • $33 per year additional tax assessments
  • Seller Considering Concessions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,285

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Structure Type: Mixed Use
  • Assessments: Yes
  • Inclusions: All furnishings & appliances currently at the property
  • Property Attached: Yes
  • Subdivision Name Other: Spring Valley
  • View: No
  • Zoning: C37
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential
  • Parcel Number: 5003000200
  • Year Built: 1978
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2539.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls, No One Above
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 334.78
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Office, Workshop

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Radiant
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Grossmont Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 12197.00
  • Lot Size Acres: 0.2800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12197.0000 Square Feet
  • Number Of Units Total: 5

Tax Info

  • Tax Census Tract: 137.01
  • Tax Lot: 216
  • Tax Tract Number: 1872
  • TaxOtherAnnualAssessmentAmount: 33.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2024
Sold by
Truett Family Trust and Truett Dianne Marie
Bought by
Goins Carol and Goins Thomas A
Current Estimated Value
$860,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
6.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2013
Sold by
Truett Michael K
Bought by
Truett Dianne Marie and Truett Michael Kent
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $850,000 Ticor Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $85,000 Seller Take Back
Previous Owner $595,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $850,000 0.0% $335 / Sq Ft
11/25/2024 11/25/24 For Sale $850,000 0.0% $335 / Sq Ft
11/22/2024 11/22/24 Off Market $850,000 -- --
11/09/2024 11/09/24 Price Changed $850,000 -2.9% $335 / Sq Ft
11/09/2024 11/09/24 For Sale $875,000 +2.9% $345 / Sq Ft
09/26/2024 09/26/24 Off Market $850,000 -- --
09/19/2024 09/19/24 Price Changed $875,000 0.0% $345 / Sq Ft
09/19/2024 09/19/24 For Sale $875,000 +2.9% $345 / Sq Ft
08/31/2024 08/31/24 Off Market $850,000 -- --
07/18/2024 07/18/24 Price Changed $925,000 -7.0% $364 / Sq Ft
06/28/2024 06/28/24 Price Changed $995,000 -17.1% $392 / Sq Ft
06/10/2024 06/10/24 For Sale $1,200,000 -- $473 / 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 $1,285 $108,700 $87,642 $21,058
2024 $1,285 $106,570 $85,924 $20,646
2023 $1,248 $104,482 $84,240 $20,242
2022 $1,233 $102,435 $82,589 $19,846
2021 $1,219 $100,427 $80,970 $19,457
2020 $1,176 $99,398 $80,140 $19,258
2019 $1,160 $97,450 $78,569 $18,881
2018 $1,136 $95,540 $77,029 $18,511
2017 $1,120 $93,668 $75,519 $18,149
2016 $1,082 $91,833 $74,039 $17,794
2015 $1,075 $90,454 $72,927 $17,527
2014 $1,055 $88,683 $71,499 $17,184
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW24118231

California Regional Multiple Listing Service (CRMLS)

APN: 500-300-02