See Home Value
$914,820*
Multifamily - Off Market

4202 Illinois Street

San DIego, CA 92104
bedrooms
2 Beds
bathrooms
2 Baths
$846,000 - $1,034,000
Reference Base Price*
-2.68%
Since Jun 1, 2022
CA-San Diego
Primary Model
Sold May 09, 2022
$1,085,000
$2,500,000 by Motahari Laya
Mortgage Due Dec 30, 2052
Sold Dec 15, 2020
$740,000
$555,000 by Guaranteed Rate Inc
Mortgage Due Jan 01, 2051

About This Property

Exceptional opportunity to develop this single family on a corner lot near shops and restaurants on 30th located within Communities and one block from Vons. Adjacent parcel 4208-4210 Illinois St is also for sale. Combine parcels for 7,200sqft of dirt. Perfect for you if you are looking for a development opportunity in Complete Communities with a FAR of 6.5, max building size of 46,900sqft 2) income property with 2 strong rentable units in the heart of North Park 3) looking for a 2-bedroom, 1-bathroom home with an ADU, formerly a garage, and debt-free solar, to live in now with the dream of developing later. A design for a 9-story, 60 micro-unit building is in hand.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1924

Price History

Date / Event Date Event Price
May 20, 2022 No longer available -
No longer available
May 9, 2022 Sold $1,085,000
Sold
Apr 14, 2022 In contract -
In contract
Mar 31, 2022 Listed $940,000
Listed
Dec 15, 2020 Sold to Marcus Humphrey Ii, Michael... $740,000
Sold to Marcus Humphrey Ii, Michael...

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,618
  • Total Building Area: 1,128
  • Building Area: 1,128
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,128
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY HEIGHTS
  • Land Acres: 0.83
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: BLK 117 LOT 21 E 100 FT LOT 20 & E 100 FT OF S 1/2 TR LP0008PG036

Ownership

  • Current Owner : FALCON CO LLC
  • Previous Owner : KARPOS HOLDINGS LLC
  • Owner Before Previous Owner: 4200 ILLINOIS LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Diego City Unified School District
  • School Tax School District: SAN DIEGO CITY
  • Census Tract: 001301

Zoning

  • Zoning: RM-3-9

Geography

  • Assessors Map Reference: LP0008PG036
  • Subdivision Tract Number: LP0008PG
  • Parcel: 446-253-11-00
  • Block: 117
  • Lot: 21,20
  • Municipality: CITY OF SAN DIEGO
  • Latitude: 32.7543
  • Longitude: -117.128

    Address

  • Full Address: 4202 Illinois St
  • Address - House Number: 4202
  • Address - Street Name: Illinois
  • Address - Suffix Type: St
  • State: CA
  • City Name: San Diego
  • Carrier Code: C014
  • 4-Digit Zip Code: 1305
  • Zip Code: 92104

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,254
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 08-255

    Appraisal Valuation

  • Standard Deviation: 0.1909
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 74
  • Final Value: 1,173,224
  • High Value: 1,397,294
  • Low Value: 949,153

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,500,000
  • First Open Lien Mortgage Lender: MOTAHARI LAYA
  • First Open Lien Mortgage Recording Date: Dec 30, 2022
  • First Open Lien Mortgage Loan Amount: $2,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 30, 2052
  • First Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $995,000
  • Assessed Land Value: $871,000
  • Assessed Improvements Value: $124,000

    Sales

  • Current Sale Contract Date: May 06, 2022
  • Current Sale Recording Date: May 09, 2022
  • Current Sale Transaction ID: 11887261569
  • Current Sale Price: $1,085,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 200256
  • Previous Sale Recording Date: Dec 15, 2020
  • Previous Sale Contract Date: Sep 28, 2020
  • Previous Sale Amount: $740,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Dec 15, 2020
  • Previous Mortgage Loan Amount: $555,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,093 ft²
$850/ft²
$929,000 Jul 13, 2023
-
-
Multifamily
5 Beds
-
4,504 ft²
$239/ft²
$1,075,000 Aug 15, 2023
-
-

About Western San Diego


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Frequently Asked Questions

When was property at 4202 Illinois Street built and last sold?
The property at 4202 Illinois Street was built in 1924 and last sold on May 6, 2022 for $1,085,000.
How much is this home worth?
The estimated value of the home located at 4202 Illinois Street is $949,400.
What are some comparable homes to 4202 Illinois Street?
There are currently no comparable homes to 4202 Illinois Street.

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