NOT LISTED FOR SALE

1408 Meadow Rd El Cajon, CA 92021

Estimated Value: $746,000 - $790,000

3 Beds
2 Baths
1,207 Sq Ft
$637/Sq Ft Est. Value

Last Sold June 10, 2020

Last sale price $509,000 $422 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,525/month

5 Days on Market

Highlights

  • Mountain View
  • Corner Lot
  • 2 Car Direct Access Garage
  • Granite Hills High School Rated A-
  • Covered Patio or Porch
  • Laundry Room

About This Home

As of June 2020

Welcome Home! Located in the desirable neighborhood of Olive Hills this 3 bedrooms, 2 bath, single level home on a corner lot has great potential. There’s a cozy fireplace in the living room and French doors that lead out to the large covered patio, dual pane windows, ceiling fans and RV parking. This home is ideally located close to schools, freeways & shopping. Don't miss the 3D Virtual Tour. Neighborhoods: Olive Hills Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL

Last Agent to Sell the Property

Caren Connolly

Coldwell Banker Realty License #01148354 Listed on: 05/07/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,218

Year Built

  • Built in 1959

Lot Details

  • 8,400 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Parking

  • 2 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1,207 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Carpet
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 50715047

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,218

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: El Cajon
  • View: Yes
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 50715047
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1207.00
  • Stories: 1
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 421.71
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Partial
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Direct Garage Access
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, In Garage

Lot Info

  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 8400.00

Multi Family

  • Lot Size Area: 8400.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
May 20, 2020
Sold by
Neal Ronald Lee and Mcdonough Treva Denise
Bought by
Horeth Gregory E
Seller's Agent
Caren Connolly
Coldwell Banker Realty
List Price
$499,000
Sold Price
$509,000
Premium/Discount to List
$10,000
2%
Current Estimated Value
$768,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,454
Avg. Annual Appreciation
8.04%
Original Mortgage
$509,000
Outstanding Balance
$450,191
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$318,263

Purchase Details

Closed on
Oct 6, 2015
Sold by
Neal Ronald Lee and Mcdonough Treva Denise
Bought by
Neal Ronald Lee and Mcdonough Treva Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,800
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2009
Sold by
Mcdonough Ronald Lee and Mc Donough Treva Denise
Bought by
Mcdonough Ronald Lee and Mc Donough Treva Denise

Purchase Details

Closed on
Aug 6, 2008
Sold by
Wilmot Elizabeth Jane
Bought by
Mcdonough Ronald Lee and Mc Donough Treva Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,550
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2005
Sold by
Ferbe Patience Hartigan
Bought by
Ferbe Patience Hartigan
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
Horeth Gregory E $509,000 Equity Title San Diego
Neal Ronald Lee -- Pacific Coast Title
Mcdonough Ronald Lee -- None Available
Mcdonough Ronald Lee $319,500 First American Title
Ferbe Patience Hartigan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horeth Gregory E $509,000
Previous Owner Neal Ronald Lee $277,800
Previous Owner Mcdonough Ronald Lee $287,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2020 06/10/20 Sold $509,000 +2.0% $422 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $499,000 -- $413 / 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 $5,218 $556,660 $261,343 $295,317
2024 $5,218 $545,746 $256,219 $289,527
2023 $5,242 $535,046 $251,196 $283,850
2022 $7,165 $524,556 $246,271 $278,285
2021 $6,769 $514,272 $241,443 $272,829
2020 $5,439 $376,200 $176,620 $199,580
2019 $4,437 $368,824 $173,157 $195,667
2018 $4,364 $361,593 $169,762 $191,831
2017 $4,306 $354,504 $166,434 $188,070
2016 $4,133 $347,554 $163,171 $184,383
2015 $4,111 $342,335 $160,721 $181,614
2014 $4,030 $335,630 $157,573 $178,057
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200020718

California Regional Multiple Listing Service (CRMLS)

APN: 507-150-47