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

11009 Summit Ave Santee, CA 92071

Estimated payment $14,901/month

Total Views 25,908
2.32 Acres
$1,163,793 Price per Acre
101,059 Sq Ft Lot

Highlights

  • Mountain View
  • Santana High School Rated A-
  • Level Lot

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 combining 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

Listing Agent

Pamela Macias

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

Radius Agent Realty

Property Details

Property Type

  • Land

Lot Details

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

Additional Features

  • Mountain Views
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 378-180-10-00

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Commercial-Lnd/Rn/Grv
  • Type: Com-Lnd/Rn/Grv
  • Type of Land: R-7 Development
  • Market Area: East County
  • 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: 27.14
  • Roads: Blacktop
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Fantastic, Mountains/Hills

Utilities

  • Utilities Available: Electric, Septic, Water

Association/Amenities

  • Development Status: Raw Land

Lot Info

  • Topography: Level
  • Zoning: R-7
  • Estimated Lot Dimensions: 619'x169'
  • Estimated Number of Acres: 2.32
  • Assessor Parcel Number: 378-180-10-00
  • Current Use: Residential
  • Price Per Acre: 1182043.0

Map

Range of Values:

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Value Increase
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Percent Increase
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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

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 List to Sale Price per Sq Ft Prior Sale
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 +323.9% --
04/08/2019 04/08/19 Sold $647,000 -4.1% $213 / Sq Ft View Prior Sale
02/25/2019 02/25/19 Pending -- -- --
12/21/2018 12/21/18 For Sale $675,000 -- $223 / Sq Ft
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
Source: Public Records

Source: San Diego MLS

MLS Number: 230004624

San Diego MLS

APN: 378-180-10