NOT LISTED FOR SALE

116 W Douglas Ave El Cajon, CA 92020

Estimated Value: $691,991 - $736,000

3 Beds
2.5 Baths
1,876 Sq Ft
$381/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $605,000 $322 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,529/month

6 Days on Market

Highlights

  • Retreat
  • Bonus Room
  • 2 Car Attached Garage
  • Grossmont High School Rated A-
  • Home Office
  • 3-minute walk to Prescott Promenade

About This Home

As of March 2022

Investor Special – Tenant Occupied until 11/19/2022 @ $2800 per month (17.2 GRM / 5.7% Cap Rate) – Shown with Accepted Offer Only, please do not disturb tenants. 3 bedroom, 2.5 bathroom, 3 story condo with vaulted ceilings in the community of El Cajon. Enjoy a private, gated entry to the front courtyard. The living room features fireplace, and lots of natural light. The kitchen offers a pantry, and a breakfast bar. The master bedroom features a walk-in closet, dual vanities in the primary bathroom, and a walk-in shower. Additional property highlights include attached 2 car garage, garage laundry hookups. Convenient to nearby schools, parks, shopping, and easy access to major freeways in a developing region of downtown El Cajon. Low HOA fee at $65/month. This is a PUD -> VA and FHA Approved. Priced under market, possibility of cash for keys to end current tenants lease early.

Last Agent to Sell the Property

Drew Schulte

San Diego Home Sales License #01810772 Listed on: 02/13/2022

Last Buyer's Agent

Tracey Smith

eXp Realty of California, Inc. License #02140857

eXp Realty of California, Inc.

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2003

Lot Details

  • 1,232 Sq Ft Lot
  • Property is Fully Fenced

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor
  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 1,876 Sq Ft Home
  • 4-Story Property
  • Entryway
  • Family Room
  • Living Room
  • Dining Area
  • Home Office
  • Bonus Room
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat

Utilities

  • Forced Air Heating and Cooling System
  • Separate Water Meter

Community Details

  • Association fees include exterior (landscaping)
  • 7 Units
  • Hartland/ Promenade Association, Phone Number (619) 462-2082
  • Promenade Square Community

Listing and Financial Details

  • Assessor Parcel Number 488-152-41-00

Townhouse Details

Home Type

Townhome

Year Built

Built in 2003

Lot Details

1,232 Sq Ft Lot

HOA Fees

$65 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: Townhome
  • Market Area: East County
  • Cross Street: S. Magnolia
  • Neighborhood: El Cajon
  • LP / Sq Ft: 309.17
  • Price Per Sq Ft: 322.49
  • SP/ Sq Ft: 322.49
  • Stories: 4 Story
  • Stories In Building: 4
  • Ownership: Fee Simple
  • Total Stories: 4
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Equipment Available: Dishwasher, Range/Oven
  • Searchable Rooms: Bonus Room, Den, Dining Area, Family Room, Master Retreat, Optional Bedrooms, Kitchen, Living Room, Master Bedroom, Entry, Master Bathroom
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 17x12
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Laundry Location: Garage
  • Estimated Sq Ft: 1876
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Tile/Clay
  • Three or more Steps To Entry: Yes

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: Promenade Square
  • Units In Building: 7
  • Total Number of Units: 28
  • Community: EL CAJON
  • Home Owner Association: Hartland/ Promenade
  • Home Owner Association Fee Includes: Exterior (Landscaping)
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 65.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619-462-2082

Association/Amenities

  • Entry Level Unit: 1

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 488-152-41-00
  • Estimated Lot Sq Ft: 1232
  • Estimated Number of Acres: 0.03
  • Map Code Column: F
  • Map Code Page: 1251
  • Map Code Row: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2022
Closed on
Feb 28, 2022
Sold by
Arnette Demarreon J and Arnette Karen E
Bought by
Ander Mohammad and Bakhtiyarova Aysel
Seller's Agent
Drew Schulte
San Diego Home Sales
Buyer's Agent
Tracey Smith
eXp Realty of California, Inc.
List Price
$580,000
Sold Price
$605,000
Premium/Discount to List
$25,000
4.31%
Current Estimated Value
$713,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,998
Avg. Annual Appreciation
4.20%
Original Mortgage
$484,000
Outstanding Balance
$452,212
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$261,786

Purchase Details

Closed on
Feb 13, 2019
Sold by
Lovas Don and Lovas Tonya
Bought by
Arnette Demarreon J and Arnette Karen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,922
Interest Rate
4.4%
Mortgage Type
VA

Purchase Details

Closed on
Oct 31, 2006
Sold by
Lovas Tonya
Bought by
Lovas Don and Lovas Tonya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Interest Rate
2.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 26, 2006
Sold by
Lovas Don and Lovas Tonya
Bought by
Lovas Tonya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,250
Interest Rate
2.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 8, 2003
Sold by
Promenade Square Llc
Bought by
Lovas Don and Lovas Tonya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,400
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
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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Purchase History

Date Buyer Sale Price Title Company
Ander Mohammad $605,000 Ticor Title
Arnette Demarreon J $415,000 Fidelity National Title
Lovas Don -- Accommodation
Lovas Tonya -- Commonwealth Land Title Co
Lovas Don $353,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ander Mohammad $484,000
Previous Owner Arnette Demarreon J $423,922
Previous Owner Lovas Tonya $371,250
Previous Owner Lovas Don $282,400
Closed Lovas Don $35,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2022 03/11/22 Sold $605,000 +4.3% $322 / Sq Ft
02/20/2022 02/20/22 Pending -- -- --
02/13/2022 02/13/22 For Sale $580,000 -- $309 / Sq Ft
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 $8,493 $642,025 $250,989 $391,036
2024 $8,493 $609,000 $238,000 $371,000
2023 $7,798 $563,000 $220,000 $343,000
2022 $6,191 $436,235 $170,539 $265,696
2021 $6,179 $427,683 $167,196 $260,487
2020 $5,653 $423,299 $165,482 $257,817
2019 $5,628 $449,899 $175,881 $274,018
2018 $6,411 $441,079 $172,433 $268,646
2017 $32 $415,000 $136,000 $279,000
2016 $5,037 $390,000 $128,000 $262,000
2015 $4,238 $335,000 $110,000 $225,000
2014 $3,995 $315,000 $104,000 $211,000
Source: Public Records

Agents Affiliated with this Home

  • Drew Schulte

    Seller's Agent in 2022

    Drew Schulte

    San Diego Home Sales

    (858) 205-9131

    31 Total Sales

    Drew Schulte
    Section Image
  • Tracey Smith

    Buyer's Agent in 2022

    Tracey Smith

    eXp Realty of California, Inc.

    (703) 297-6499

    31 Total Sales

    Tracey Smith
    Section Image
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Map

Source: San Diego MLS

MLS Number: 220003207

San Diego MLS

APN: 488-152-41

California San Diego County El Cajon 92020

116 W Douglas Ave, El Cajon, CA

Not Listed for Sale

Townhouses

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