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3145 Ronald Court, Spring Valley, CA 91977
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3145 Ronald Court Spring Valley, CA 91977

$1,099,900
  • 6 Beds
  • 3 Baths
  • 2,184 Sq.Ft.
Pending
$1,099,900 Get Pre-Qualified
Map preview of 3145 Ronald Court, Spring Valley, CA 91977

Property Overview: 3145 Ronald Court Spring Valley, CA has 6 bedrooms, 3 bathrooms, 2,184 living square feet and 10,165 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Wonderful Spring Valley Triplex with potential Assumable Loan at a very low interest rate! DO NOT DISTURB TENANTS AND DO NOT DRIVE ON TO THE PROPERTY. Current Cap Rate is over 6% and projected Cap Rates support a value well over $1M. Great investment property with existing cash flow in place. Three updated units with new flooring and updates throughout, including AC. Comprised of three 2b/1b units with spacious shared driveway & two assigned parking spaces per unit. Multi-family property with residential income or live in one unit and rent the other two. Lamar Park is adjacent to this property just located steps from your front doors! Next door to 9 acres of open green space, playgrounds, picnic tables, and a perfect place to play and relax. Quick access to the 94 freeway.

Listed by David Waitley | BRE #00939416 | Heritage Re David Waitley Co B
Co-listed by Demi Waitley | BRE #02027928 | Heritage Re David Waitley Co B
Last checked: 7 minutes ago | Last updated: May 9th, 2024 | Source CRMLS | DOM: 12
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Home details

Lot Sq. Ft
10,165
HOA Dues
$0/mo
Year built
1959
Garage
--
Property Type:
Multi Family
Status
Pending
MLS#
PTP2402370
City
Spring Valley
County
San Diego
Time on Site
23 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $2,295
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $1,695
  • Total Rent: $1,730
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $2,393
  • Total Rent: $2,450
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 8%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $82,000
  • Net Operating Income: $64,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $18,000
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Open Houses for 3145 Ronald Court

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Property Details for 3145 Ronald Court

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
Kitchen Information
  • No Appliances
Exterior Features
Exterior Information
  • No Fence
  • No Spa
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Gravel, On Site, Shared Driveway, Uncovered
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Other
Property Information
  • No View
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Total # of Units: 3
  • Parcel Number: 5032711900
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: 94 to Bancroft to Lamar to Ronald Ct
Neighborhood Information
  • Community Features: Sidewalks, Street Lights, Suburban, Biking, Dog Park, Hiking, Park
View more facts & features

Local Spring Valley Agent

Sale History for 3145 Ronald Court

Last sold for $580,000 on October 1st, 2020

  • May, 2024

  • May 8, 2024

    Date

    Pending

    CRMLS: PTP2402370

    $1,099,900

    Price

  • Apr 26, 2024

    Date

    Active

    CRMLS: PTP2402370

    $799,000

    Price

  • October, 2020

  • Oct 2, 2020

    Date

    Sold

    CRMLS: 200030128

    $580,000

    Price

  • Jul 6, 2020

    Date

    Pending

    CRMLS: 200030128

    $549,900

    Price

  • Jun 30, 2020

    Date

    Active

    CRMLS: 200030128

    $549,900

    Price

  • Listing provided courtesy of CRMLS

    Take advantage of this great Spring Valley duplex nestled next to Lamar County Park! Whether renting as an investment or making one or both of these units home, this property is a great opportunity in which to bring your own ideas. Both units have upgraded laminate wood floors and tiled kitchen and bathrooms. #3145 has 3 bedrooms, 1.5-bathrooms and an office. #3147 is a 2 bedrooms, 1 bathroom. Enjoy separate, private yards with plenty of parking at the end of the quiet street. This fantastic investment opportunity makes walking out the door easy with plenty of places to play and exercise. Excellent for all walks of life, Lamar County Park consists of nearly 9 acres of open space, the park provides a colorful playground, pavilion for social gatherings, picnic tables, lawn areas, barbecues, restrooms, and drinking fountains. Enjoy easy access to the 94 freeway and nearby elementary and high schools. Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 3145 Unit # for Unit 2: 3147 Number of Furnished Units: 0 Topography: LL

  • October, 2020

  • Oct 1, 2020

    Date

    Sold (Public Records)

    Public Records

    $580,000

    Price

  • June, 2011

  • Jun 8, 2011

    Date

    Sold (Public Records)

    Public Records

    $265,000

    Price

Show More

Tax History for 3145 Ronald Court

Assessed Value (2020): $389,812
Year Land Value Improved Value Assessed Value
2020 $242,999 $146,813 $389,812

Home Value Compared to the Market

This property vs the competition

3145 Ronald Court is listed 46.67% higher than the median list price for the city of Spring Valley which has a median list price of $749,900. The median price per/sqft for Spring Valley is $468 and this home is listed at $503.62 per/sqft which puts the price per square foot 7.61% higher than the median price per square foot for the city of Spring Valley.

About 3145 Ronald Court

Detailed summary of property

3145 Ronald Court is a multi family located in Spring Valley, CA 91977 and is currently in escrow to be sold. This multi family property offers 6 bedrooms, 3 bathrooms, roughly 2,184 living square feet, and sits on an approximately 10,165 square foot lot. 3145 Ronald Court was first listed on ArdentRealEstateGroup.com on April 26, 2024. The homeowner is currently asking $1,099,900 and was originally asking $799,000. The median priced home in Spring Valley is $749,900 with a median price per square foot of $468. Based on Ardent Real Estate Group's Spring Valley Market Data, this home is listed 46.67% higher than the median priced home. Local competing homes currently for sale include 16742 E Main St, 16742 E Main St and 7851 Cypress Dr. While the average home in Spring Valley, CA is selling in 81 days, 3145 Ronald Court has a days on market of 12 days. There are currently 143 homes for sale in the Spring Valley real estate market and 110 of them are single family homes while 21 of them are condos and 12 are townhomes. For more information on this home for sale at 3145 Ronald Court Spring Valley, CA 91977 contact Ardent Real Estate Group and we will put you in touch with one of our Spring Valley agents.

Public Facts for 3145 Ronald Court

Public county record property details
Beds
6
Baths
2
Year built
1959
Sq. Ft.
2,184
Lot Size
9,074
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
San Diego
Lot#
17
APN
503-271-19-00

The source for these homes facts are from public records.

91977 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$748,000
Median List Price/Sq.Ft.
$467
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$505
Total Inventory
127
Median Sale to List Price %
99.29%
Avg Days on Market
17
Loan Type
Conventional (57.14%), FHA (19.05%), VA (19.05%), Cash (4.76%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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