$2,700,000
PENDING $42K PRICE DROP

11009 Summit Ave Unit n/a Santee, CA 92071

Estimated payment $15,496/month

Total Views 26,424
2.32 Acres
$1,163,793 Price per Acre
101,059 Sq Ft Lot

Highlights

  • Panoramic View
  • Property is Fully Fenced
  • Level Lot
  • Santana High School Rated A-

About This Lot

Up to 32 Unit Development Opportunity! 2.32 Acre R-7 Housing Community, Townhome, or Multifamily Development Opportunity. Neighboring Parcel for sale to combine to 4.64 Acres and up to a 64 unit build. Parcel was recently approved for up-zoning to R-7 by the City of Santee as part of the 6th Cycle Housing Element. R-7 Zoning allows for 7 to 14 units per gross acre. It is a Medium Density Residential General Plan designation. Per the city's zoning code, the R-7 zone "is intended for a wide range of multiple family residential development types including detached units in planned residential development at the lower end of the density range and attached units at the higher end of the density range." Maximum lot coverage is 55%, maximum height is 35 feet/three stories, and there is no minimum lot size. NEW CONSTRUCTION COMMUNITIES IN DEMAND! Property is located in close proximity to in demand housing development communities such as Mastercraft Residential's Walker Trails, Summit Santee's Noble Way, Pardee Homes' Castlerock, Kb Homes' River Village and townhome/condominium development communities such as Presidio Cornerstone's Laurel Heights, Pardee Homes' Weston, City Ventures' Caribbean Way, Kb Homes' Prospect Fields, and William Lyon Homes' Riverview, just to name a few. Recent New Construction Community Home sales boast a closing range between $905,500 and $1,300,000. Recent New Construction Townhome/ Condominium Communities boast a sales closing range between $738,000 and $964,000.00 PRICE & TERMS: All offers will be considered. Suggested due diligence period is 60 days. Offers contingent upon entitlement may be considered.

Listing Agent

Pamela Macias

Radius Agent Realty License #01967517 Listed on: 03/11/2023

Radius Agent Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,553

Lot Details

  • 2.32 Acre Lot
  • Property is Fully Fenced
  • Level Lot
  • Property is zoned R-7

Property Views

  • Panoramic
  • Mountain
  • Park or Greenbelt

Utilities

  • Separate Water Meter
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 378-180-10-00

Property Details

Property Type

Land

Est. Annual Taxes

$8,553

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Type: Lots/Land
  • Market Area: East County
  • Neighborhood: Santee
  • Cross Street: Princess Joann Rd
  • Supplement: PRICE & TERMS: All offers will be considered. Suggested due diligence period is 60 days. Offers contingent upon entitlement may be considered.
  • Price Per Sq Ft: 1163793.1
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Full
  • View: Mountains/Hills, Panoramic, Parklike
  • Frontage Dimensions in Feet: 169

Utilities

  • Sewer/Septic: Septic Installed
  • Water: Meter On Property
  • Utilities Available: Electric
  • Utilities To Site: Electric

Condo/Co-op/Association

  • Community: Santee

Lot Info

  • Lot Size: 2+ To 4 Ac
  • Site: Public Street, Street Paved
  • Topography: Level, Slope Gentle
  • Water District: Padre Dam Municipal
  • Zoning: R-7
  • Additional Property Use: With Structures
  • Estimated Lot Dimensions: 619'x169'
  • Estimated Lot Sq Ft: 101059
  • Estimated Number of Acres: 2.32
  • Assessor Parcel Number: 378-180-10-00
  • Current Use: Residential

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $8,553 $721,734 $388,628 $333,106
2024 $8,553 $707,583 $381,008 $326,575
2023 $8,293 $693,710 $373,538 $320,172
2022 $8,221 $680,109 $366,214 $313,895
2021 $8,111 $666,775 $359,034 $307,741
2020 $8,011 $659,939 $355,353 $304,586
2019 $5,439 $451,277 $242,996 $208,281
2018 $5,328 $442,430 $238,232 $204,198
2017 $160 $433,756 $233,561 $200,195
2016 $5,100 $425,252 $228,982 $196,270
2015 $5,033 $418,865 $225,543 $193,322
2014 $4,932 $410,661 $221,125 $189,536
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Pending -- -- --
12/28/2023 12/28/23 For Sale $2,700,000 0.0% --
10/14/2023 10/14/23 Pending -- -- --
10/06/2023 10/06/23 Price Changed $2,700,000 +12.5% --
09/06/2023 09/06/23 For Sale $2,400,000 0.0% --
06/20/2023 06/20/23 Pending -- -- --
04/02/2023 04/02/23 Price Changed $2,400,000 -12.5% --
03/11/2023 03/11/23 For Sale $2,742,339 -- --
Source: San Diego MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Equity Title Company
Grant Deed $647,000 Equity Title Company
Grant Deed $390,000 First American Title Company
Trustee Deed $397,750 Accommodation
Grant Deed $727,000 Southland Title
Interfamily Deed Transfer -- --
Grant Deed $365,000 First American Title Co
Deed $199,000 --
Deed $225,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $452,900 New Conventional
Previous Owner $422,418 FHA
Previous Owner $690,650 Unknown
Previous Owner $175,000 Unknown
Source: Public Records

Source: San Diego MLS

MLS Number: 230004626

San Diego MLS

APN: 378-180-10