NOT LISTED FOR SALE

Estimated Value: $841,000 - $961,000

3 Beds
2 Baths
1,426 Sq Ft
$619/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $755,000 $529 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,373/month

60 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Laundry Room
  • Bonita Vista Senior High School Rated A
  • Park
  • 4-minute walk to El Rancho del Rey Park

About This Home

As of August 2022

3-bedroom, 2-bathroom, 2-car garage in Rancho del Rey. Home has been maintained and updated by current owner. New paint, updated kitchen, new kitchen flooring, solar panels, and new landscape with a nice size backyard. Close proximity to Shops, Schools, Parks and easy access to highways, 805 and 125. Walking distance to Southwestern College and Chula Vista Hills Elementary School. NO HOA & NO MELLO ROOS.

Last Agent to Sell the Property

David Fletes

Compass License #01823637 Listed on: 05/16/2022

Compass

Last Buyer's Agent

Danielle Ferris

Palisade Realty Inc License #01411615

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 5,000 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,426 Sq Ft Home
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Utilities

  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 6422610200

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: 1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6422610200
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1426.00
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 529.45

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Garage, Washer Hookup, Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5000.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Jul 27, 2022
Sold by
Elias Salgado
Bought by
Morrow Joseph Matthew and Morrow Alanna Kathleen
Seller's Agent
David Fletes
Compass
Buyer's Agent
Danielle Ferris
Palisade Realty Inc
List Price
$775,000
Sold Price
$755,000
Premium/Discount to List
-$20,000
-2.58%
Current Estimated Value
$883,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,166
Avg. Annual Appreciation
4.73%
Original Mortgage
$566,250
Outstanding Balance
$549,232
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$333,934

Purchase Details

Closed on
Feb 26, 2020
Sold by
Salgado Elias
Bought by
Salgado Elias and Salgado Maria

Purchase Details

Closed on
May 16, 2018
Sold by
Salgado Samuel M and Salgado Maria
Bought by
Salgado Samuel M and Salgado Elias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2005
Sold by
Wohlrabe Patrick and Wohlrabe Barby
Bought by
Salgado Samuel M and Salgado Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
6.35%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 12, 2003
Sold by
Garner Raymond N and Garner Lynn
Bought by
Wohlrabe Patrick and Wohlrabe Barby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.71%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 22, 1987

Purchase Details

Closed on
Jun 28, 1983
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morrow Joseph Matthew $755,000 Ticor Title
Salgado Elias -- None Available
Salgado Samuel M -- Lawyers Title Company
Salgado Samuel M $545,000 California Title Company
Wohlrabe Patrick $375,000 Chicago Title Co
-- $129,800 --
-- $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrow Joseph Matthew $566,250
Previous Owner Salgado Samuel M $400,000
Previous Owner Salgado Samuel M $436,000
Previous Owner Wohlrabe Patrick $292,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2022 08/15/22 Sold $755,000 +0.7% $529 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
07/01/2022 07/01/22 Price Changed $750,000 -3.2% $526 / Sq Ft
06/23/2022 06/23/22 For Sale $775,000 0.0% $543 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/15/2022 05/15/22 For Sale $775,000 -- $543 / 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 $9,120 $785,500 $467,820 $317,680
2024 $9,120 $770,099 $458,648 $311,451
2023 $8,992 $755,000 $449,655 $305,345
2022 $11,505 $632,096 $376,457 $255,639
2021 $10,350 $535,000 $409,000 $126,000
2020 $10,171 $520,000 $398,000 $122,000
2019 $10,220 $535,000 $410,000 $125,000
2018 $9,727 $490,000 $220,000 $270,000
2017 $9,145 $440,000 $198,000 $242,000
2016 $4,976 $430,000 $194,000 $236,000
2015 $4,750 $410,000 $185,000 $225,000
2014 $4,191 $360,000 $163,000 $197,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2202652

California Regional Multiple Listing Service (CRMLS)

APN: 642-261-02