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1512 Reed Avenue

1512 Reed Avenue, San Diego, CA 92109
Property in Pacific Beach
Sold Dec 21, 2021
$2,100,000
$1,470,000 by Fundloans Capital
Mortgage Due Jan 01, 2062
Sold Apr 19, 2013
$1,140,000
$687,000 by Union Bank Na
Mortgage Due May 01, 2043
1512 Reed Avenue in San Diego, CA was first built in 1965 and is 59 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. It is a single story home. There are a total of 0 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 5 partial bathrooms. 1512 Reed Avenue has 2,762 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,245 square feet.

Learn more about the property and building on this page. The property was last sold in Dec 9, 2021 for $2,100,000. That's $760.32 per sqft. Prior to that sales transaction, the property was also sold in Mar 12, 2013 for $1,140,000. 1512 Reed Avenue was last assessed in 2023. The total value of the property was assessed at $2,142,000. Specifically, the land the property is located on was valued at $1,871,700. While improvements on the property were assessed at a total of $270,300. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $26,280. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Style: Multifamily
  • Floor Count: 1
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,245
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,762
  • Gross Building Area: 2,762
  • Building Area: 2,762
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,762
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PACIFIC BEACH
  • Land Acres: 0.143
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • County Land Use Code: Road (right-of-way)
  • Legal Description 1: BLK 269 LOTS 37 & 38 TR 000854

Ownership

  • Current Owner : ALPINIERI STEVEN LOUIS
  • Current Owner 2: ALPINIERI VARGAS ARACELI
  • Previous Owner : ROSSMAN GLENN A
  • Previous Owner 2: ROSSMAN LYNNE S
  • Owner Before Previous Owner: KAREN & MIKE DODGE REVOCABLE LIVING TRUS
  • 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: 007907

Zoning

  • Zoning: RM-1-1

Geography

  • Assessors Map Reference: 000854
  • Subdivision Tract Number: 000854
  • Parcel: 423-193-10-00
  • Block: 269
  • Lot: 37,38
  • Municipality: CITY OF SAN DIEGO
  • Latitude: 32.7959
  • Longitude: -117.241

    Address

  • Full Address: 1512 Reed Ave
  • Address - House Number: 1512
  • Address - Street Name: Reed
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Diego
  • Carrier Code: C045
  • 4-Digit Zip Code: 5359
  • Zip Code: 92109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $26,280
  • Tax Rate Code Area: 08-001

    Appraisal Valuation

  • Standard Deviation: 0.4383
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 12
  • Final Value: 2,037,620
  • High Value: 2,930,883
  • Low Value: 1,144,356

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,470,000
  • First Open Lien Mortgage Lender: FUNDLOANS CAPITAL
  • First Open Lien Mortgage Recording Date: Dec 21, 2021
  • First Open Lien Mortgage Loan Amount: $1,470,000
  • First Open Lien Mortgage Term: 480
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2062

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,142,000
  • Assessed Land Value: $1,871,700
  • Assessed Improvements Value: $270,300

    Sales

  • Current Sale Contract Date: Dec 09, 2021
  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Transaction ID: 11875457441
  • Current Sale Price: $2,100,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0858790
  • Previous Sale Recording Date: Apr 19, 2013
  • Previous Sale Contract Date: Mar 12, 2013
  • Previous Sale Amount: $1,140,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FUNDLOANS CAPITAL
  • First Mortgage Transaction Date: Dec 21, 2021
  • First Mortgage Loan Amount: $1,470,000
  • First Mortgage Terms: 480
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2062

    Previous Mortgages

  • Previous Mortgage Lender: UNION BANK NA
  • Previous Mortgage Transaction Date: Apr 19, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $687,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: May 01, 2043

About Northern San Diego



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Frequently Asked Questions

What neighborhood is 1512 Reed Avenue located in?
The 1512 Reed Avenue is a located in the neighborhood of Pacific Beach in Northern San Diego, San Diego.
What is the average sales price for listings in 1512 Reed Avenue?
The average sales price for units in 1512 Reed Avenue is $0 currently.

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