$290,000
SOLD OCT 8, 2019

1501 Gustavo St Unit B El Cajon, CA 92019

2 Beds
1.5 Baths
1,024 Sq Ft
$290/mo HOA Fee

Recently Sold

$283 Per Sq Ft

8% Below List Price

26 Days on Market

Highlights

  • Community Pool
  • 1 Car Detached Garage
  • Level Lot
  • Valhalla High Rated A
  • Partially Fenced Property

About This Home

As of April 2023

Investor Special priced to sell! This condo is ready for your vision! Boasting the largest floor plan in the complex, this Town-home style Condo is ready for you to put your finishing touches on it! Don't miss out....this one won't last long!

Last Agent to Sell the Property

Brian Lewis

Compass License #01440201 Listed on: 08/30/2019

Compass

Last Buyer's Agent

May Pauls

Coldwell Banker Realty License #01932877

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,273

Year Built

  • Built in 1979

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,024 Sq Ft Home
  • 2-Story Property
  • Electric Oven
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Partially Fenced Property
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 514-370-08-46

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, limited insurance, sewer, water
  • 192 Units
  • Pernicano Association, Phone Number (619) 543-9400
  • Jamacha Greens Community

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,273

Year Built

Built in 1979

Lot Details

0

HOA Fees

$290 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: East County
  • Cross Street: Jamacha Rd
  • Neighborhood: Hillsdale
  • LP / Sq Ft: 307.62
  • Price Per Sq Ft: 283.2
  • SP/ Sq Ft: 283.2
  • Stories: 2 Story
  • Stories In Building: 2
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1979
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: B
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Electric Oven
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 12x17
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Laundry Location: Kitchen
  • Estimated Sq Ft: 1024
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Pool: Community/Common
  • Roof: Composition

Garage/Parking

  • Garage Details: Detached
  • Garage Spaces: 1
  • Non Garage Parking: Assigned
  • Garage Spaces: 1
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: Jamacha Greens
  • Total Fees: 3480.0
  • Total Number of Units: 192
  • Property Management Company: Pernicano
  • Property Management Phone: 619-543-9400
  • Community: EL CAJON
  • Home Owner Association: Pernicano
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Limited Insurance, Sewer, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 290.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619-543-9400

Association/Amenities

  • Entry Level Unit: 1

Fee Information

  • Total Monthly Fees: 290

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Assessor Parcel Number: 514-370-08-46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2023
Sold by
Ali Muhaned
Bought by
Mike Saeed Revocable Living Trust and Ali
Total Days on Market
26
Current Estimated Value
$519,903

Purchase Details

Listed on
Apr 21, 2023
Closed on
Apr 25, 2023
Sold by
Kamal
Bought by
Ali Muhaned
Seller's Agent
Gus Jaleel
Exceptional Realty
Buyer's Agent
Gus Jaleel
Exceptional Realty
List Price
$515,000
Sold Price
$515,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.45%
Original Mortgage
$250,000
Interest Rate
6.6%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 21, 2023
Closed on
Apr 23, 2023
Sold by
Ali Zina
Bought by
Ali Muhaned
Seller's Agent
Gus Jaleel
Exceptional Realty
Buyer's Agent
Gus Jaleel
Exceptional Realty
List Price
$515,000
Sold Price
$515,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.6%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 12, 2019
Closed on
Dec 9, 2019
Sold by
Pauls May and Keadhem Aelhem
Bought by
Kamal
Seller's Agent
May Pauls
Coldwell Banker Realty
Buyer's Agent
Justin Shokoor
eXp Realty of California, Inc.
List Price
$329,900
Sold Price
$334,000
Premium/Discount to List
$4,100
1.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.07%
Original Mortgage
$233,800
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 30, 2019
Closed on
Oct 2, 2019
Sold by
Alrubaye Mohammed
Bought by
Keadhem Aelhem
Seller's Agent
Brian Lewis
Compass
Buyer's Agent
May Pauls
Coldwell Banker Realty
List Price
$315,000
Sold Price
$290,000
Premium/Discount to List
-$25,000
-7.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.74%

Purchase Details

Listed on
Aug 30, 2019
Closed on
Sep 27, 2019
Sold by
Cederwall Philip John
Bought by
Pauls Mary and Keadhem Aelhem
Seller's Agent
Brian Lewis
Compass
Buyer's Agent
May Pauls
Coldwell Banker Realty
List Price
$315,000
Sold Price
$290,000
Premium/Discount to List
-$25,000
-7.94%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Grant Deed $515,000 Lawyers Title
Deed -- Lawyers Title
Grant Deed $334,000 First American Title Ins Co
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed $290,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Construction
Previous Owner $233,000 New Conventional
Previous Owner $233,800 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $515,000 0.0% $503 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
04/21/2023 04/21/23 For Sale $515,000 +54.2% $503 / Sq Ft
01/14/2020 01/14/20 Sold $334,000 +1.2% $326 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
11/12/2019 11/12/19 For Sale $329,900 +13.8% $322 / Sq Ft
10/08/2019 10/08/19 Sold $290,000 -7.9% $283 / Sq Ft
09/26/2019 09/26/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $315,000 -- $308 / Sq Ft
Source: San Diego MLS

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
2024 $6,273 $525,299 $289,820 $235,479
2023 $4,235 $351,092 $193,706 $157,386
2022 $4,169 $344,208 $189,908 $154,300
2021 $4,112 $337,460 $186,185 $151,275
2020 $3,537 $290,000 $160,000 $130,000
2019 $1,320 $112,427 $37,148 $75,279
2018 $1,297 $110,223 $36,420 $73,803
2017 $1,279 $108,062 $35,706 $72,356
2016 $1,227 $105,944 $35,006 $70,938
2015 $1,220 $104,354 $34,481 $69,873
2014 $1,195 $102,311 $33,806 $68,505
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 190048339

San Diego MLS

APN: 514-370-08-46