NOT LISTED FOR SALE

Estimated Value: $502,000 - $579,000

-- Bed
1 Bath
950 Sq Ft
$562/Sq Ft Est. Value

Last Sold February 13, 2023

Last sale price $449,000 $473 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,530/month

17 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • No Heating

About This Home

As of February 2023

PRICED TO SELL, ONLY $450k!! Development opportunity that is ready to take off! One of a kind chance, this property is being sold with plans for a duplex! The plans are ready to go for 2 units, first unit a 4 bedroom and 2 bath, and for the second unit 3 bedroom and 2 bath. Investors don't miss out on a great corner lot that is ready to get developed!

Last Agent to Sell the Property

Athir Markos

Keller Williams Realty License #02024154 Listed on: 01/09/2023

Keller Williams Realty

Last Buyer's Agent

Aziza Nelson

Keller Williams Realty License #01751560

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,830

Year Built

  • Built in 1971

Lot Details

  • 4,742 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Property is zoned Commercial

Home Design

  • 950 Sq Ft Home

Utilities

  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 292
  • Assessor Parcel Number 4840113000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,830

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: Commercial
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4840113000
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 950.00
  • Common Walls: No Common Walls
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 472.63

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Grossmont Union

Lot Info

  • Land Lease: No
  • Lot Features: Corner Lot, Level with Street, Level
  • Lot Size Sq Ft: 4742.00
  • Lot Size Acres: 0.1089

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4742.0000 Square Feet

Tax Info

  • Tax Tract Number: 000292

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2023
Closed on
Feb 2, 2023
Sold by
Gillum Family Trust
Bought by
Bayasi Real Estate Trust
Seller's Agent
Athir Markos
Keller Williams Realty
Buyer's Agent
Aziza Nelson
Keller Williams Realty
List Price
$449,900
Sold Price
$449,000
Premium/Discount to List
-$900
-0.2%
Views
144
Current Estimated Value
$540,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,782
Avg. Annual Appreciation
7.76%
Original Mortgage
$310,000
Outstanding Balance
$300,549
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$240,349

Purchase Details

Closed on
Jun 3, 2021
Sold by
Wood Eric Michael and Wood Elizabeth Ann
Bought by
Gillum Larry Lynn and The Gillum Family Trust

Purchase Details

Closed on
Jan 6, 2021
Sold by
Gillum Larry Lynn and The Gillum Family Trust
Bought by
Wood Eric Michael and Wood Elizabeth Ann

Purchase Details

Closed on
Jun 27, 2005
Sold by
Gillum Larry and Gillum Rose
Bought by
Gillum Larry Lynn and Gillum Rose Gay

Purchase Details

Closed on
Apr 8, 1997
Sold by
Thomas Family Trust 05-20-96 and Robert R
Bought by
Gillum Larry and Gillum Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
7.86%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 1996
Sold by
Thomas Robert R and Thomas Marcella A
Bought by
Thomas Robert R and Thomas Marcella A

Purchase Details

Closed on
Jul 1, 1992

Purchase Details

Closed on
Jul 17, 1989

Purchase Details

Closed on
Mar 13, 1989

Purchase Details

Closed on
Aug 15, 1986

Purchase Details

Closed on
Jun 8, 1984
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
Bayasi Real Estate Trust $449,000 First American Title
Gillum Larry Lynn -- None Available
Wood Eric Michael -- None Available
Gillum Larry Lynn -- --
Gillum Larry $120,000 Commonwealth Land Title Co
Thomas Robert R -- --
Thomas Robert R -- --
Thomas Robert R -- --
-- $120,000 --
-- $100,500 --
-- $74,500 --
-- $127,000 --
-- $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bayasi Real Estate Trust $310,000
Previous Owner Gillum Rose $120,000
Previous Owner Gillum Larry $113,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2023 02/13/23 Sold $449,000 -0.2% $473 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
01/09/2023 01/09/23 For Sale $449,900 -- $474 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,830 $467,139 $338,130 $129,009
2024 $6,830 $457,980 $331,500 $126,480
2023 $6,365 $322,524 $208,080 $114,444
2022 $5,837 $316,200 $204,000 $112,200
2021 $4,165 $180,530 $125,749 $54,781
2020 $4,071 $178,680 $124,460 $54,220
2019 $4,011 $175,177 $122,020 $53,157
2018 $3,879 $171,743 $119,628 $52,115
2017 $3,765 $168,377 $117,283 $51,094
2016 $3,714 $165,077 $114,984 $50,093
2015 $3,651 $162,598 $113,257 $49,341
2014 $3,643 $159,414 $111,039 $48,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2300111

California Regional Multiple Listing Service (CRMLS)

APN: 484-011-30