NOT LISTED FOR SALE

Estimated Value: $905,000 - $944,000

1 Bed
1 Bath
1,609 Sq Ft
$574/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $804,900 $500 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,691/month

50 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • 1-Story Property
  • No HOA
  • Wall Furnace

About This Home

As of December 2021

Fantastic duplex in Chula Vista. Walking distance to J Street park. 3 Bedroom 2 Bath and 1 bedroom 1 bath. 3 bedroom has new kitchen. Units have 2 water meters upgraded electrical and 2 electric meters. Tenants pay all utilities. Perfect investment or live in one a rent the other.

Last Agent to Sell the Property

juan rodriguez

Home Investment Center License #01133130 Listed on: 07/29/2021

Last Buyer's Agent

Kathleen Rovai

Fred Sands Landmark Properties License #01280940

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,740

Year Built

  • Built in 1952

Lot Details

  • 5,835 Sq Ft Lot
  • 1 Common Wall
  • Private Yard
  • Back Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Duplex

Interior Spaces

  • 1,609 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 5*00
  • Tax Tract Number 2898
  • Assessor Parcel Number 5712610500

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200
  • Professional Management Expense $2,100
  • Operating Expense $12,015
  • Gross Income $7,002
  • Net Operating Income $29,702

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,740

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 3.73
  • Professional Management Expense: 2100.00
  • Property Attached: Yes
  • Zoning: R-2:MINOR MULTIPLE
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5712610500
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 500.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Yard
  • Lot Size Sq Ft: 5835.00
  • Lot Size Acres: 0.1340

Multi Family

  • Gross Income: 7002.00
  • Gross Operating Income: 39420.00
  • Gross Scheduled Income: 43800.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5835.0000 Square Feet
  • Net Operating Income: 29702.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Operating Expense: 8518.00
  • Operating Expense Percent: 1200.00
  • Rent Control: Yes
  • Total Expenses: 12015.00
  • Vacancy Allowance Rate: 10.00

Tax Info

  • Tax Lot: 5*00
  • Tax Tract Number: 002898

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2021
Sold by
Tsipouria Melory
Bought by
Martinez Omar
Current Estimated Value
$922,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$689,763
Interest Rate
3.09%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 25, 2019
Closed on
Nov 7, 2019
Sold by
Martinez Ramona
Bought by
Tsipouria Melory
Seller's Agent
Jorge E. Estrella
Executive Realty Group
Buyer's Agent
Juan Rodriguez
Del Rancho Realty Inc
List Price
$599,999
Sold Price
$550,000
Premium/Discount to List
-$49,999
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%
Original Mortgage
$385,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 25, 2019
Closed on
Oct 30, 2019
Sold by
Cuevas Alma L
Bought by
Tsipouria Melory
Seller's Agent
Jorge E. Estrella
Executive Realty Group
Buyer's Agent
Juan Rodriguez
Del Rancho Realty Inc
List Price
$599,999
Sold Price
$550,000
Premium/Discount to List
-$49,999
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2019
Sold by
Cuevas Linsey and Cuevas Linsay
Bought by
Cuevas Alma L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2018
Sold by
Cuevas Manuel and Cuevas Alma
Bought by
Cuevas Lindsay

Purchase Details

Closed on
Dec 2, 2014
Sold by
Cuevas Manuel
Bought by
Cuevas Family Trust

Purchase Details

Closed on
Jun 15, 2009
Sold by
Cuevas Alma L
Bought by
Cuevas Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 5, 2009
Sold by
Onewest Bank Fsb
Bought by
Cuevas Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.82%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 15, 2008
Sold by
Aripez Hermelinda Salgado
Bought by
Treasury Bank Na

Purchase Details

Closed on
Jan 4, 2005
Sold by
Bales Copper and Kiyohara Brian
Bought by
Aripez Hermelinda Salgado

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 13, 2004
Sold by
Kiyohara Brian and Kiyohara Viola
Bought by
Kiyohara Brian and Kiyohara Viola

Purchase Details

Closed on
Mar 5, 2003
Sold by
Bales Copper
Bought by
Bales Copper and Kiyohara Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.85%

Purchase Details

Closed on
Jun 20, 2001
Sold by
Bales Cooper
Bought by
Bales Copper

Purchase Details

Closed on
Aug 24, 2000
Sold by
Burns Kenneth A and Burns Sandra L
Bought by
Burns Kenneth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.89%

Purchase Details

Closed on
Aug 22, 2000
Sold by
Belcher Barbara M
Bought by
Bales Copper

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.89%

Purchase Details

Closed on
Sep 24, 1999
Sold by
Trabalka Inter Vivos Trust
Bought by
Burns Kenneth A and Burns Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.68%

Purchase Details

Closed on
Aug 4, 1994
Sold by
Woodfill Barbara M
Bought by
Belcher Barbara Moss
Source: Public Records

Range of Values:

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Average Value
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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
Martinez Omar $805,000 Ticor Ttl Co Of Ca San Diego
Tsipouria Melory -- Ticor Title Company
Tsipouria Melory $550,000 Ticor Title Co Sd Branch
Cuevas Alma L -- Ticor Title San Diego Branch
Cuevas Lindsay -- None Available
Cuevas Family Trust -- None Available
Cuevas Manuel -- Chicago Title Company
Cuevas Manuel $161,000 Chicago Title Company
Treasury Bank Na $425,700 Fidelity National Title
Aripez Hermelinda Salgado $530,000 California Title Company
Kiyohara Brian -- --
Bales Copper -- --
Bales Copper -- United Title Company
Bales Copper -- Commonwealth Land Title Co
Burns Kenneth A -- Commonwealth Land Title Co
Bales Copper $160,000 Fidelity National Title
Belcher Barbara Moss -- Fidelity National Title
Burns Kenneth A $70,000 Chicago Title Co
Belcher Barbara Moss -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Omar $689,763
Previous Owner Tsipouria Melory $385,000
Previous Owner Cuevas Manuel $65,000
Previous Owner Aripez Hermelinda Salgado $428,000
Previous Owner Bales Copper $215,000
Previous Owner Bales Copper $144,000
Previous Owner Burns Kenneth A $156,000
Closed Burns Kenneth A $40,000
Closed Aripez Hermelinda Salgado $107,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2021 12/20/21 Sold $804,900 +1.2% $500 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $795,000 +44.5% $494 / Sq Ft
11/27/2019 11/27/19 Sold $550,000 -8.3% $438 / Sq Ft View Prior Sale
10/27/2019 10/27/19 Pending -- -- --
09/25/2019 09/25/19 For Sale $599,999 -- $477 / 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 $9,740 $854,164 $445,707 $408,457
2024 $9,740 $837,417 $436,968 $400,449
2023 $9,608 $820,998 $428,400 $392,598
2022 $9,330 $804,900 $420,000 $384,900
2021 $6,484 $555,697 $401,337 $154,360
2020 $6,329 $550,000 $397,222 $152,778
2019 $6,297 $550,800 $397,800 $153,000
2018 $2,566 $221,855 $113,173 $108,682
2017 $2,513 $217,505 $110,954 $106,551
2016 $2,453 $213,241 $108,779 $104,462
2015 $1,992 $172,504 $107,146 $65,358
2014 $2,073 $169,126 $105,048 $64,078
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2105309

California Regional Multiple Listing Service (CRMLS)

APN: 571-261-05