NOT LISTED FOR SALE

943 Gillespie Dr Spring Valley, CA 91977

Estimated Value: $889,000 - $1,144,454

5 Beds
4 Baths
2,321 Sq Ft
$425/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $975,000 $420 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,146/month

6 Days on Market

Highlights

  • 16,205 Sq Ft lot
  • 1-Story Property
  • Gated Home
  • Mountain View
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of July 2022

GREAT 2 on 1 INVESTMENT PROPERTY ON A LARGE LOT- UNIT 943 is an amazing 3 bed/2.5bath with a huge open kitchen and dining room, large bedrooms, updated bathrooms, Central A/C an attached 2 car garage, covered patio, and fully fenced backyard. UNIT 947 is a 2Bed/1Bath with a detached garage that is partially plumbed with bathroom and water heater for possible ADU, fully fenced front yard, shed and plenty of parking! The family kitchen offers granite counters and breakfast nook and the bathroom has been upgraded. UNIT 943 is currently rented- please don't disturb occupants. Live in one and rent the other or rent both!

Last Agent to Sell the Property

Hayley Taylor

Chris Beason Realty License #01983191 Listed on: 06/01/2022

Co-Listed By

Chris Beason

Chris Beason Realty License #00816897

Last Buyer's Agent

Nhat Nguyen

Valley Real Estate Services License #01247737

Property Details

Home Type

  • Multi-Family

Year Built

  • 1990

Lot Details

  • 0.37 Acre Lot
  • Gated Home
  • Property is Fully Fenced
  • Level Lot

Parking

  • RV Potential

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Mountain Views

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Water Meter

Listing and Financial Details

  • Tenant pays for sewer, water, cable TV, electricity, gas/propane
  • Assessor Parcel Number 584-062-08-00

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Duplex Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

1990

Lot Details

0.37 Acres

Listing Details

  • Class: 2-4 UNITS
  • Market Area: East County
  • Cross Street: St George
  • Neighborhood: La Presa
  • Stories: 1 Story
  • Sale Price List Price: 1.08
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1990

Exterior Features

  • Exterior Material: Stucco, Wood, Wood/Stucco
  • Fencing: Full, Gate, Partial
  • Roof: Composition
  • View: Mountains/Hills

Garage/Parking

  • Parking for RV: Potential Space

Utilities

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

Condo/Co-op/Association

  • Complex Name: Duplex
  • Pets Allowed: Yes
  • Community: SPRING VALLEY
  • Manager Name: Hayley
  • Manager Phone: 619-961-9321

Lot Info

  • Lot Size: .25 to .5 AC
  • Topography: Level
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 584-062-08-00
  • Estimated Lot Sq Ft: 16205

Rental Info

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

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jun 29, 2022
Sold by
Pacheco Family Trust
Bought by
Serrano Javier Morales
Seller's Agent
Hayley Taylor
Chris Beason Realty
Buyer's Agent
Nhat Nguyen
Valley Real Estate Services
List Price
$899,000
Sold Price
$975,000
Premium/Discount to List
$76,000
8.45%
Current Estimated Value
$987,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,114
Avg. Annual Appreciation
0.34%
Original Mortgage
$250,000
Outstanding Balance
$238,173
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$748,941

Purchase Details

Closed on
Feb 15, 2001
Sold by
Pacheco Richard F and Pacheco Gladys M
Bought by
Pacheco Richard Farias and Pacheco Gladys Masae
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
Serrano Javier Morales $975,000 Lawyers Title
Pacheco Richard Farias -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serrano Javier Morales $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2022 07/01/22 Sold $975,000 +8.5% $420 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $899,000 -- $387 / Sq Ft
Source: San Diego MLS

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 $12,927 $1,014,390 $624,240 $390,150
2024 $12,927 $994,500 $612,000 $382,500
2023 $12,530 $975,000 $600,000 $375,000
2022 $2,958 $162,817 $18,474 $144,343
2021 $2,944 $159,625 $18,112 $141,513
2020 $2,799 $157,989 $17,927 $140,062
2019 $2,753 $154,892 $17,576 $137,316
2018 $2,615 $151,856 $17,232 $134,624
2017 $2,500 $148,880 $16,895 $131,985
2016 $2,382 $145,962 $16,564 $129,398
2015 $2,356 $143,771 $16,316 $127,455
2014 $2,323 $140,956 $15,997 $124,959
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Hayley Taylor

    Chris Beason Realty

    (619) 961-9321

    1 in this area

    39 Total Sales

    Hayley Taylor
    Section Image
  • Chris Beason

    Seller Co-Listing Agent in 2022

    Chris Beason

    Chris Beason Realty

    (619) 504-4995

    1 in this area

    5 Total Sales

    Chris Beason
    Section Image

  • N

    Buyer's Agent in 2022

    Nhat Nguyen

    Valley Real Estate Services

    Section Image
  • Martha Michel

    Buyer's Agent in 2022

    Martha Michel

    HomeSmart Realty West

    (619) 232-1480

    1 in this area

    14 Total Sales

    Martha Michel
    Section Image
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Map

Source: San Diego MLS

MLS Number: 220013534

San Diego MLS

APN: 584-062-08

California San Diego County Spring Valley 91977

943 Gillespie Dr, Spring Valley, CA

Not Listed for Sale

MultiFamily

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