NOT LISTED FOR SALE

Estimated Value: $854,000 - $1,032,000

5 Beds
3 Baths
2,400 Sq Ft
$391/Sq Ft Est. Value

Last Sold February 23, 2022

Last sale price $805,000 $335 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,695/month

24 Days on Market

Highlights

  • 1-Story Property
  • Property is Fully Fenced
  • Wood Siding
  • Central Air
  • Gentle Sloping Lot

About This Home

As of February 2022

BOM! 2ND CHANCE OPPORTUNITY! Location!t Location! 2 Homes on one lot with detached garage! New Exterior paint! Front home offers 2 bedrooms, plus office area, 2 baths. Newly renovated kitchen, granite counter tops, newer dual pane windows and Central A/C! Main house bathrooms updated with nice tile bath and shower enclosures. Large open floor plan! Lots of storage. Back home offers Kitchen with granite counter tops, 3 spacious bedrooms , 1 bathroom and new dual pane windows Lots of yard space. Parking in back for 4 cars! Each unit has full size laundry hookups. Property also has one detached 2 car garage with ally access, possible add an ADU for more income? Front house estimated 1100 sq ft, and back house estimated at 1,000 sq ft Open floor plans! All bedrooms appear to be correct on public records buyers and buyers agent to verify.

Last Agent to Sell the Property

Mary Zullo

Signature Realty Network License #01124792 Listed on: 01/14/2022

Signature Realty Network

Last Buyer's Agent

Angelina DiGiovanni

Signature Realty Network License #02148524

Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • 7,101 Sq Ft Lot
  • Property is Fully Fenced
  • Gentle Sloping Lot

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Separate Water Meter

Listing and Financial Details

  • Tenant pays for electricity, gas/propane, hot water
  • Assessor Parcel Number 230-312-14-00

Community Details

Overview

  • 3 Buildings
  • 2 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $30,119

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: North County
  • Cross Street: S Cedar St
  • Neighborhood: Escondido
  • Stories: 1 Story
  • Sale Price List Price: 1.09
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Roof: Composition

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: SOUTH ESCONDIDO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Curbs, Sidewalks, Street Paved
  • Topography: Slope Gentle
  • Assessor Parcel Number: 230-312-14-00
  • Estimated Lot Sq Ft: 7101

Rental Info

  • Tenant Pays: Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 30119
  • Gross Rent Multiplier Actual: 19.58
  • Gross Rent Multiplier Projected: 13.39
  • Number Of Buildings: 3
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2008
Sold by
Wells Fargo Bank Na
Bought by
Sweeten Alan J and Sweeten Vicki D
Current Estimated Value
$937,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2007
Sold by
Ruiz Luisa A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 14, 2005
Sold by
Cabral Micaela C
Bought by
Ruiz Luisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,600
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2004
Sold by
Cabral Micaela C
Bought by
Cabral Micaela C

Purchase Details

Closed on
Feb 27, 2004
Sold by
Sweeten Alan J and Sweeten Vicki D
Bought by
Perez Trust and Perez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,750
Interest Rate
3.55%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sweeten Alan J $325,000 Landsafe Title Of Ca Inc
Wells Fargo Bank Na $424,800 Landsafe Title
Ruiz Luisa A $557,000 Chicago Title Co
Cabral Micaela C -- --
Perez Trust $805,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sweeten Alan J $304,000
Previous Owner Ruiz Luisa A $445,600
Previous Owner Perez Trust $603,750
Closed Ruiz Luisa A $111,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2022 02/23/22 Sold $805,000 +8.9% $335 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $739,000 0.0% $308 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $739,000 -- $308 / 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 $9,577 $854,269 $630,851 $223,418
2024 $9,577 $837,520 $618,482 $219,038
2023 $9,361 $821,099 $606,355 $214,744
2022 $4,645 $402,252 $297,050 $105,202
2021 $4,570 $394,366 $291,226 $103,140
2020 $4,543 $390,323 $288,240 $102,083
2019 $4,434 $382,671 $282,589 $100,082
2018 $4,311 $375,169 $277,049 $98,120
2017 $5,455 $367,814 $271,617 $96,197
2016 $5,138 $340,000 $250,000 $90,000
2015 $4,713 $300,000 $221,000 $79,000
2014 $3,412 $300,000 $221,000 $79,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220000849

San Diego MLS

APN: 230-312-14