NOT LISTED FOR SALE

Estimated Value: $870,000 - $1,297,000

6 Beds
4 Baths
3,724 Sq Ft
$291/Sq Ft Est. Value

Last Sold October 21, 2014

Last sale price $505,000 $136 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $6,452/month

87 Days on Market

Highlights

  • Partially Fenced Property
  • Level Lot
  • 4-minute walk to South Lane County Park
  • Granite Hills High School Rated A-

About This Home

As of October 2014

Amazing two units that are both 3 bedroom, 2 baths, and both are very rent-able. Large bedrooms with very open floor plan. Both units have fenced yards with a deck and a patio. Lots of room for parking and even room for an RV. Both units have first floor bedroom and bathroom. Live in one and rent the other out! One already has a tenant. Sale includes additional 3,000 square foot parcel with no structures. Large bedrooms, new fencing, storage sheds for both units. Very close to elementary school.

Last Agent to Sell the Property

Jared Kelley

Mission Realty Group License #01793501 Listed on: 05/21/2014

Last Buyer's Agent

Jim Fishinger

Excel Preferred Realty License #00882123

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,155

Year Built

  • Built in 1975

Lot Details

  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property

Schools

  • Grossmont Union High School District

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Water Meter

Community Details

  • 2 Units
  • Crest Community

Listing and Financial Details

  • Assessor Parcel Number 509-265-07-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,155

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Crest
  • Neighborhood: Crest
  • LP / Sq Ft: 16.43
  • Stories: 2 Story
  • Sale Price List Price: 0.96
  • Total Stories: 2
  • Year Built: 1975
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Cooling: Wall/Window
  • Water: Meter on Property

Condo/Co-op/Association

  • Complex Name: crest
  • Community: EL CAJON

Schools

  • School District URL: http://www.guhsd.net/
  • High School: Grossmont Union High School District

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Topography: Level
  • Assessor Parcel Number: 509-265-07-00
  • Land Use Code: n/k
  • Map Code Column: H
  • Map Code Page: 1252
  • Map Code Row: 4

Multi Family

  • No. of Units: 2
  • Annual Expense Projected: 10650
  • Gross Sched Income Projected: 42600
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2014
Closed on
Oct 17, 2014
Sold by
Russo Luanna
Bought by
Russo Gregory
Seller's Agent
Jared Kelley
Mission Realty Group
Buyer's Agent
Jim Fishinger
Excel Preferred Realty
List Price
$585,000
Sold Price
$505,000
Premium/Discount to List
-$80,000
-13.68%
Current Estimated Value
$1,083,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$578,358
Avg. Annual Appreciation
6.32%
Original Mortgage
$505,000
Interest Rate
4.08%
Mortgage Type
VA

Purchase Details

Listed on
May 21, 2014
Closed on
Aug 25, 2014
Sold by
Laki Marie
Bought by
Russo Gregory
Seller's Agent
Jared Kelley
Mission Realty Group
Buyer's Agent
Jim Fishinger
Excel Preferred Realty
List Price
$585,000
Sold Price
$505,000
Premium/Discount to List
-$80,000
-13.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
4.08%
Mortgage Type
VA

Purchase Details

Closed on
Sep 2, 1998
Sold by
Laki and Marie
Bought by
Laki Marie
Source: Public Records

Range of Values:

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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
Russo Gregory -- Lawyers Title
Russo Gregory $505,000 Lawyers Title
Laki Marie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Russo Gregory $702,000
Closed Russo Gregory $632,687
Previous Owner Russo Gregory $505,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2014 10/21/14 Sold $505,000 -13.7% $136 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
05/20/2014 05/20/14 For Sale $585,000 -- $157 / 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 $8,155 $600,917 $144,218 $456,699
2024 $8,155 $589,136 $141,391 $447,745
2023 $7,939 $577,585 $138,619 $438,966
2022 $7,797 $566,260 $135,901 $430,359
2021 $7,674 $555,158 $133,237 $421,921
2020 $7,577 $549,466 $131,871 $417,595
2019 $7,491 $538,693 $129,286 $409,407
2018 $7,359 $528,131 $126,751 $401,380
2017 $590 $517,776 $124,266 $393,510
2016 $6,977 $507,625 $121,830 $385,795
2015 $6,946 $500,000 $120,000 $380,000
2014 $3,615 $227,410 $73,092 $154,318
Source: Public Records

Agents Affiliated with this Home

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Source: San Diego MLS

MLS Number: 140027007

San Diego MLS

APN: 509-265-07