NOT LISTED FOR SALE

Estimated Value: $394,000 - $488,000

2 Beds
2 Baths
920 Sq Ft
8.22 Acres Lot

Sale Details

Date Sold: September 9, 2021

Last sale price $366,000 $398 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,162 / mo

11 Days on Market

Highlights

  • Courtyard Views
  • Resident Manager or Management On Site
  • Central Air
  • Community Pool
  • Laundry Room
  • Stacked Washer and Dryer

About This Home

As of September 2021

Melrose is a gated community in the south bay area, near HWY 805, conveniently located, close to CBX, Border, Services . It is a unit that needs improvement and it could be an investment property or a first time buyer.

Last Agent to Sell the Property

Manuel Muniz

Axia Real Estate Group, Inc License #01425876 Listed on: 07/18/2021

Last Buyer's Agent

Alison Carey

Keller Williams San Diego Metro License #02102018

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1984

Lot Details

  • 8.22

HOA Fees

  • $400 Monthly HOA Fees

Interior Spaces

  • 920 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Courtyard Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • 1 Open Parking Space
  • 2 Parking Spaces
  • 1 Carport Space

Additional Features

  • 1 Common Wall
  • Central Air

Listing and Financial Details

  • Tax Tract Number 1275
  • Assessor Parcel Number 6240606317

Community Details

Overview

  • 92 Units
  • Melrose Villas HOA, Phone Number (619) 422-0177

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 1984

Lot Details

8.22 Acres

HOA Fees

$400 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: Melrose Villas is a gated community: R1
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6240606317
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 920.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 397.83
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Master Bedroom

Exterior Features

  • View: Courtyard
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Sprinklers: No
  • Laundry: Yes
  • Laundry Features: Dryer Included, In Closet, Stackable, Washer Included
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Management, Pet Rules, Pool
  • Association Fee: 400.00
  • Association Fee Frequency: Monthly
  • Association Name: Melrose Villas HOA
  • Phone: 619 422 0177
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 92

Tax Info

  • Tax Tract Number: 01275

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2021
Closed on
Sep 3, 2021
Sold by
Velasco Jessica Lizete Rodriguez
Bought by
Villagomez Joshua and Vasquez Berenice
Seller's Agent
Manuel Muniz
Axia Real Estate Group, Inc
Buyer's Agent
Alison Carey
Keller Williams San Diego Metro
List Price
$359,000
Sold Price
$366,000
Premium/Discount to List
$7,000
1.95%
Current Estimated Value
$450,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,258
Avg. Annual Appreciation
4.57%
Original Mortgage
$347,700
Outstanding Balance
$316,381
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$133,877

Purchase Details

Closed on
Aug 8, 2016
Sold by
Grijalva Cristian Eduardo De Los Rios
Bought by
Velasco Jessica Lizete Rodriguez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 26, 2016
Sold by
Marquez Mario
Bought by
Velasco Jessica Lizete Rodriguez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 1, 2004
Sold by
Marquez Silvia and Marquez Alejandra
Bought by
Marquez Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,350
Interest Rate
5.56%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 7, 2002
Sold by
Capistran Diane
Bought by
Marquez Mario and Marquez Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,362
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 1998
Sold by
Garcia Jose Luis
Bought by
Capistran Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,268
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 1998
Sold by
Larsson and Minerva
Bought by
Capistran Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,268
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 17, 1993
Sold by
Larsson Ingrid V
Bought by
Larsson B Olle and Larsson Minerva

Purchase Details

Closed on
Jun 5, 1990

Purchase Details

Closed on
Aug 14, 1987

Purchase Details

Closed on
Jun 29, 1984
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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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
Villagomez Joshua $366,000 Corinthian Title
Velasco Jessica Lizete Rodriguez -- Chicago Title Company
Velasco Jessica Lizete Rodriguez $245,000 Chicago Title Company
Marquez Mario -- First Southwestern Title
Marquez Mario $208,000 Commerce Title Company
Capistran Diane -- Commonwealth Land Title Co
Capistran Diane $77,000 Commonwealth Land Title Co
Larsson B Olle -- --
-- $88,000 --
-- $65,000 --
-- $76,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villagomez Joshua $347,700
Previous Owner Velasco Jessica Lizete Rodriguez $164,500
Previous Owner Marquez Mario $213,350
Previous Owner Marquez Mario $197,362
Previous Owner Capistran Diane $75,268
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2021 09/09/21 Sold $366,000 +1.9% $398 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/18/2021 07/18/21 For Sale $359,000 -- $390 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,492 $388,400 $155,360 $233,040
2024 $4,492 $380,785 $152,314 $228,471
2023 $4,431 $373,320 $149,328 $223,992
2022 $4,304 $366,000 $146,400 $219,600
2021 $3,089 $262,687 $105,075 $157,612
2020 $3,016 $259,994 $103,998 $155,996
2019 $2,939 $254,897 $101,959 $152,938
2018 $2,894 $249,900 $99,960 $149,940
2017 $2,834 $245,000 $98,000 $147,000
2016 $2,288 $205,000 $82,000 $123,000
2015 $2,119 $190,000 $76,000 $114,000
2014 $1,783 $160,000 $64,000 $96,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2105055

California Regional Multiple Listing Service (CRMLS)

APN: 624-060-63-17

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