NOT LISTED FOR SALE

920 B St Ramona, CA 92065

Estimated Value: $634,000 - $780,000

3 Beds
2 Baths
968 Sq Ft
$719/Sq Ft Est. Value

Last Sold June 04, 2015

Last sale price $330,000 $341 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $4,083/month

35 Days on Market

Highlights

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

About This Home

As of June 2015

Remodeled, charming and great tenants. Front house has 2 bedrooms, updated kitchen with granite counters, living room with wood burning stove, wood laminate flooring, fenced yard. Back house has 1 bedroom, remodeled kitchen, 1 car attached garage, fenced yard. Located in "Old Town" Ramona. Rental income and many commercial or civic permitted uses. Seller says they have spent $115,000 on remodeling including new windows, new roof, new bathroom and upgrading electrical. Neighborhoods: Old Town Other Fees: 0 Sewer: Sewer Connected Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Jan Ryan

ReMax Direct License #00553667 Listed on: 03/31/2015

Last Buyer's Agent

Sergio Roldan

First Choice Brokers License #01404847

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • Cross Fenced
  • Partially Fenced Property

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

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

Listing and Financial Details

  • Tenant pays for trash collection, water, electricity
  • Assessor Parcel Number 28127318

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $24,963

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • CapRate: 16.00
  • Subdivision Name Other: Ramona
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 28127318
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Levels: One

Exterior Features

  • Fence: Yes
  • Fencing: Cross Fenced, Partial
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Rental Info

  • Tenant Pays: Trash Collection, Water, Electricity

Multi Family

  • Gross Scheduled Income: 28011.00
  • Net Operating Income: 24963.00
  • Number Of Units Total: 2
  • Number With Range: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2017
Sold by
Finch Jonathan T
Bought by
Finch Jonathan T
Current Estimated Value
$695,539

Purchase Details

Listed on
Mar 31, 2015
Closed on
May 8, 2015
Sold by
Mandell Elizabeth
Bought by
Finch Jonathan T
Seller's Agent
Jan Ryan
ReMax Direct
Buyer's Agent
Sergio Roldan
First Choice Brokers
List Price
$330,000
Sold Price
$330,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$230,000
Outstanding Balance
$82,481
Interest Rate
2.89%
Mortgage Type
New Conventional
Estimated Equity
$613,058

Purchase Details

Closed on
Apr 13, 2009
Sold by
Mandell David
Bought by
Mandell Elizabeth

Purchase Details

Closed on
Apr 19, 2005
Sold by
Mcgrath Edward L and Mcgrath Christine B
Bought by
Mandell David and Mandell Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,770
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 3, 2004
Sold by
Box Gerald L and Box Eva V
Bought by
Box Gerald L and Box Eva

Purchase Details

Closed on
May 9, 2003
Sold by
Box Gerald L and Box Eva V
Bought by
Mcgrath Edward L and Mcgrath Christine B

Purchase Details

Closed on
Mar 23, 1999
Sold by
Mcgrath Edward L and Mcgrath Christine B
Bought by
Mcgrath Edward L and Mcgrath Christine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,650
Interest Rate
6.7%

Purchase Details

Closed on
Feb 17, 1999
Sold by
Sieben James R and Sieben Susan M
Bought by
Mcgrath Edward L and Mcgrath Christine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,650
Interest Rate
6.7%

Purchase Details

Closed on
Jan 31, 1989
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
Finch Jonathan T -- None Available
Finch Jonathan T $330,000 Fidelity National Title Co
Mandell Elizabeth -- Accommodation
Mandell David $405,000 Commonwealth Title
Box Gerald L -- --
Box Gerald L -- --
Mcgrath Edward L -- Fidelity National Title Co
Mcgrath Edward L -- Chicago Title Co
Mcgrath Edward L $130,500 Chicago Title Co
-- $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finch Jonathan T $230,000
Previous Owner Mandell David $323,770
Previous Owner Mcgrath Edward L $97,650
Closed Mcgrath Edward L $26,087
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2015 06/04/15 Sold $330,000 0.0% $341 / Sq Ft
05/05/2015 05/05/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $330,000 -- $341 / 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 $5,355 $396,599 $180,271 $216,328
2024 $5,355 $388,824 $176,737 $212,087
2023 $4,887 $381,201 $173,272 $207,929
2022 $5,014 $373,727 $169,875 $203,852
2021 $4,952 $366,400 $166,545 $199,855
2020 $4,917 $362,644 $164,838 $197,806
2019 $4,810 $355,534 $161,606 $193,928
2018 $4,689 $348,564 $158,438 $190,126
2017 $4,614 $341,731 $155,332 $186,399
2016 $4,503 $335,032 $152,287 $182,745
2015 $3,500 $245,000 $128,000 $117,000
2014 $3,448 $245,000 $128,000 $117,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 150017189

California Regional Multiple Listing Service (CRMLS)

APN: 281-273-18