NOT LISTED FOR SALE

16321 Espola Rd Poway, CA 92064

Estimated Value: $991,000 - $1,135,000

8 Acres
$131,235 Price per Acre
352,836 Sq Ft Lot

Last Sold September 27, 2022

Last sale price $880,000

Est. 21% increase in value since last sale

Current estimated payment $6,217/month

3 Days on Market

Highlights

  • 8.1 Acre Lot
  • Canyon View
  • Foothills
  • Painted Rock Elementary Rated A
  • No HOA

About This Lot

As of September 2022

Build your own castle in Poway! Views to Madaras GC. Presenting two adjacent parcels, 277-140-09 and 277-140-10. Most of the work has already been done for you: electric meter, two water meters providing City of Poway fresh water, natural gas to the site, drilled well produces 30g/minute; septic is approved for 7 bedrooms. Full Environmental Report done and approved. Lot has been graded with open space (2.67 in rear parcel) was dedicated and recorded. No HOA, no Mello Roos. Just steps away from Blue Sky Ecological Reserve. Per the owner, the flat area of pad near entry = 8,425 square feet and the flat area of main pad = 30,693 square feet. Lot has its own dedicated transformers and also natural gas at the main pad. Cable and telephone pipes were installed to the main pad. Approved well drilled is active and automated. Well pump was recently installed with a capacity of 30 gallons per minute (continuous). During cheap night and weekend electric rates, the pump can provided one unit of water (748 gallons-usually $6-7)at a cost of about only 80 cents. The pump is designed to be able to directly feed the existing 24 valves (2 inch valves). The master valves run through entire lot and can be subdivided easily. The valves and pipes carry heavy duty wires for irrigation distribution. Two valves, located next to the adjoining lot can be extended. At an average of 12 hours per day, the well can produce about 7,800,000 gallons of water per year, worth about $68,0000 at a cost of about $9000. Owner has engineering reports available (civil, soil, environmental, hydrology, and septic). Storm and irrigation drains are in.

Last Agent to Sell the Property

Brenda Dotts

RE/MAX Connections License #01448107 Listed on: 06/24/2022

RE/MAX Connections

Last Buyer's Agent

Steve Cazel

AARE License #01708645

AARE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,539

Lot Details

  • 8.1 Acre Lot
  • Sprinkler System
  • 2771401000

Property Views

  • Canyon
  • Hills

Utilities

  • Well

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Assessor Parcel Number 2771400900

Property Details

Property Type

Land

Est. Annual Taxes

$3,539

Lot Details

0

Listing Details

  • Assessments: No
  • View: Yes
  • Zoning: R-1
  • Property Type: Land
  • Parcel Number: 2771400900
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 2.49

Exterior Features

  • View: Canyon, Hills
  • Fence: No

Utilities

  • Sprinklers: Yes
  • Water Source: Public, Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Foothills

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 2771401000
  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 352836.00
  • Lot Size Acres: 8.1000

Multi Family

  • Lot Size Area: 8.1000 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2022
Sold by
Soodabeh Saghravanian
Bought by
Century Creations Inc
Current Estimated Value
$1,063,000

Purchase Details

Closed on
Dec 29, 1997
Sold by
Dehbozorgi Salar
Bought by
Saghravanian Soodareh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
7.16%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 10, 1997
Sold by
Soleimanpour Mohammad R and Soleimanpour Mahboobeh
Bought by
Saghravanian Soodabeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
7.16%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 3, 1992

Purchase Details

Closed on
Mar 4, 1988
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
Century Creations Inc $880,000 First American Title
Saghravanian Soodareh -- Chicago Title
Saghravanian Soodabeh $200,000 Chicago Title
-- $250,000 --
-- $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saghravanian Soodabeh $309,000
Previous Owner Saghravanian Soodabeh $193,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2022 09/27/22 Sold $880,000 0.0% --
06/27/2022 06/27/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $880,000 -- --
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
2024 $3,539 $300,000 $300,000 --
2023 $3,534 $300,000 $300,000 $0
2022 $2,710 $225,690 $225,690 $0
2021 $2,677 $221,265 $221,265 $0
2020 $2,643 $218,997 $218,997 $0
2019 $2,578 $214,703 $214,703 $0
2018 $2,510 $210,494 $210,494 $0
2017 $2,448 $206,367 $206,367 $0
2016 $2,401 $202,321 $202,321 $0
2015 $2,368 $199,282 $199,282 $0
2014 $2,316 $195,379 $195,379 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2206664

California Regional Multiple Listing Service (CRMLS)

APN: 277-140-09