$950,000
SOLD AUG 8, 2025

10183 Madrid Way Spring Valley, CA 91977

3 Beds
2 Baths
1,550 Sq Ft
14,810 Sq Ft Lot

Recently Sold

$613 Per Sq Ft

2% Above List Price

8 Days on Market

Highlights

  • Bonus Room
  • Awning
  • Level Lot
  • Slab Porch or Patio
  • Partially Fenced Property
  • 1-Story Property

About This Home

As of August 2025

The Opportunity You’ve Been Waiting For! Welcome to 10183 Madrid Way a beautifully updated single-family home featuring 3 bedrooms, 2 baths, and 1,550 sqft of comfortable living space. But that’s not all... this property includes a fully remodeled attached ADU with its own private entrance, 1 bedroom, 1 bath, mini-splits, LED mirrors, and in-unit washer & dryer, perfect for high-income rental potential or extended family living. Sitting on an oversized 15,000 sqft lot with RV hookups and ample parking, this home offers flexibility for investors, owner-occupants, or multi-generational living. Don’t miss your chance to own this unique and income-generating property!

Last Agent to Sell the Property

Voltaire Lepe

eXp Realty of California, Inc. License #01422464 Listed on: 07/08/2025

eXp Realty of California, Inc.

Last Buyer's Agent

Canning/Lavaute

Sotheby’s International Realty License #70000780

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 0.34 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Property is zoned R-1:SINGLE

Home Design

  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property
  • Awning
  • Bonus Room

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Driveway

Outdoor Features

  • Slab Porch or Patio

Schools

  • La Mesa Spring Valley School District Elementary School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 501-254-11-00

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0.34 Acres

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: East County
  • Cross Street: Ramona Dr
  • Neighborhood: Casa de Oro
  • LP / Sq Ft: 599.35
  • Price Per Sq Ft: 612.9
  • SP/ Sq Ft: 612.9
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1959
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Dryer, Washer, Gas Stove, Counter Top
  • Searchable Rooms: Bonus Room
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 12x10
  • Full Bathrooms: 2
  • Laundry Location: Inside
  • Estimated Sq Ft: 1550
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Patio: Awning/Porch Covered, Slab
  • Roof: Shingle

Garage/Parking

  • Non Garage Parking: Driveway, Driveway - Concrete
  • Parking Spaces Total: 4

Utilities

  • Cooling: Wall/Window
  • Laundry Utilities: Gas
  • Sewer/Septic: Sewer Connected
  • Water: Public
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: SPRING VALLEY

Schools

  • Elementary School: La Mesa Spring Valley School District
  • Elementary School Website: https://www.lmsvschools.org/

Lot Info

  • Lot Size: .25 to .5 AC
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 501-254-11-00
  • Estimated Lot Sq Ft: 15000
  • Estimated Number of Acres: 0.34
  • Map Code Column: E
  • Map Code Page: 1271
  • Map Code Row: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2025
Closed on
Jul 24, 2025
Sold by
Brick & Equity 1 Llc
Bought by
Kelty Kahra
Seller's Agent
Voltaire Lepe
eXp Realty of California, Inc.
Buyer's Agent
Canning/Lavaute
Sotheby’s International Realty
List Price
$929,000
Sold Price
$950,000
Premium/Discount to List
$21,000
2.26%
Views
42
Current Estimated Value
$919,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,570
Avg. Annual Appreciation
-5.22%
Original Mortgage
$970,425
Outstanding Balance
$968,756
Interest Rate
6.77%
Mortgage Type
VA
Estimated Equity
-$49,326

Purchase Details

Listed on
Apr 14, 2025
Closed on
Mar 21, 2025
Sold by
Skeels Revocable Declaration Of Trust and Skeels Larry W
Bought by
Brick & Equity Llc
Seller's Agent
John Olsen
Mission Realty Group
Buyer's Agent
Gareth Tomlinson
LPT Realty,Inc
List Price
$620,000
Sold Price
$580,000
Premium/Discount to List
-$40,000
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
346.05%
Original Mortgage
$697,600
Interest Rate
6.76%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 30, 1997
Sold by
Skeels Larry W and Skeels Joanne L
Bought by
Skeels Larry W and Skeels Joanne L

Purchase Details

Closed on
Nov 5, 1986
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $950,000 First American Title Company
Grant Deed $580,000 First American Title
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title Company
Deed $119,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $970,425 VA
Previous Owner $697,600 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2025 08/08/25 Sold $950,000 +2.3% $613 / Sq Ft
07/17/2025 07/17/25 Pending -- -- --
07/08/2025 07/08/25 For Sale $929,000 +49.8% $599 / Sq Ft
04/14/2025 04/14/25 For Sale $620,000 +6.9% $400 / Sq Ft
04/10/2025 04/10/25 Sold $580,000 -- $374 / Sq Ft View Prior Sale
03/16/2025 03/16/25 Pending -- -- --
Source: San Diego MLS

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 $3,205 $232,286 $69,803 $162,483
2024 $3,205 $227,733 $68,435 $159,298
2023 $3,097 $223,269 $67,094 $156,175
2022 $3,036 $218,892 $65,779 $153,113
2021 $3,009 $214,601 $64,490 $150,111
2020 $2,881 $212,401 $63,829 $148,572
2019 $2,835 $208,237 $62,578 $145,659
2018 $2,735 $204,154 $61,351 $142,803
2017 $2,656 $200,152 $60,149 $140,003
2016 $2,549 $196,228 $58,970 $137,258
2015 $2,526 $193,282 $58,085 $135,197
2014 $2,481 $189,497 $56,948 $132,549
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 250032689

San Diego MLS

APN: 501-254-11

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