NOT LISTED FOR SALE

2055 Terraspiro Ave Spring Valley, CA 91977

Estimated Value: $598,937 - $731,000

3 Beds
2 Baths
1,118 Sq Ft
$314/mo HOA Fee

Last Sold December 12, 2023

Last sale price $605,000 $541 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,304/month

4 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Living Room
  • Primary Bedroom Suite
  • 1 Car Attached Garage
  • Community Playground

About This Home

As of December 2023

Welcome to your new home in Spring Valley! This recently renovated single-story property is ready to move right in! The location provides easy access to freeways, shopping, and nearby restaurants. Upon entering you will experience a shining example of pride in ownership. This beautiful unit has been upgraded throughout to include Flooring, Bathrooms, and a modern Kitchen with updated appliances. The exterior of this home boasts a large backyard with low-maintenance turf, upgraded windows and a recently installed new roof with warranty. You'll love the convenience of being within walking distance to the community pool and park. This home is a true gem and ready to be loved by its next owner.

Last Agent to Sell the Property

Jason Bedsole

Steele Canyon Realty License #02018448 Listed on: 11/02/2023

Co-Listed By

Breann Bedsole

Steele Canyon Realty License #02105331

Last Buyer's Agent

Jared Nelson

Compass License #01380018

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973

Lot Details

  • 0.37

HOA Fees

  • $314 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 2 Carport Spaces

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,118 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Mountain Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Exterior Lighting
  • 1 Common Wall
  • Urban Location
  • No Heating

Listing and Financial Details

  • Tax Tract Number 83171
  • Assessor Parcel Number 5780312602

Community Details

Overview

  • 200 Units
  • Terra 2 HOA, Phone Number (858) 514-8820
  • Hudson Management HOA

Recreation

  • Community Playground
  • Community Pool
  • Park

Additional Features

  • Community Barbecue Grill
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 1973

Lot Details

0

HOA Fees

$314 per month

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: Condominium Unit Residential
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5780312602
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1118.00
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 541.14
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Primary Suite

Exterior Features

  • View: Mountain(s)
  • Fence: No
  • Pool Features: In Ground
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2.00
  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Management, Playground, Pool
  • Association Fee: 314.00
  • Association Fee Frequency: Monthly
  • Association Name: Terra 2 HOA
  • Phone: 858-514-8820
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban, Park
  • Association Management: Hudson Management

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 200

Tax Info

  • Tax Tract Number: 83171

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Nov 16, 2023
Sold by
Beamon Hunter D and Beamon Samantha G
Bought by
Chew Terrence and Chew Chelsea
Seller's Agent
Jason Bedsole
Steele Canyon Realty
Buyer's Agent
Jared Nelson
Compass
List Price
$579,000
Sold Price
$605,000
Premium/Discount to List
$26,000
4.49%
Views
196
Current Estimated Value
$639,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,734
Avg. Annual Appreciation
2.73%
Original Mortgage
$594,041
Outstanding Balance
$584,240
Interest Rate
7.79%
Mortgage Type
FHA
Estimated Equity
$55,494

Purchase Details

Closed on
Mar 5, 2021
Sold by
Beamon Hunter D and Beamon Samantha G
Bought by
Beamon Hunter D and Beamon Samantha G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2019
Sold by
Beamon David Neil and Beamon Heather Jean
Bought by
Beamon Hunter D and Beamon Samantha A

Purchase Details

Closed on
Apr 1, 2015
Sold by
Beamon David and Beamon Heather
Bought by
Beamon Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2011
Sold by
Beamon David and Beamon Heather
Bought by
Beamon David Neil and Beamon Heather Jean

Purchase Details

Closed on
Mar 21, 2008
Sold by
Sweet David S and Sweet Atsuko W
Bought by
Beamon David and Beamon Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,200
Interest Rate
5.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 7, 1999
Sold by
Walters Michael Wayne and Walters Michelle Christine
Bought by
Sweet David S and Sweet Atsuko W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
7.86%
Mortgage Type
VA

Purchase Details

Closed on
Mar 20, 1999
Sold by
Walters Larry W and Walters Mary J
Bought by
Walters Michael Wayne and Walters Michelle Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.91%

Purchase Details

Closed on
Feb 25, 1983
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
Chew Terrence $605,000 Fidelity National Title
Beamon Hunter D -- Wfg National Title Co Of Ca
Beamon Hunter D -- Accommodation
Beamon Family Trust -- Ticor Title
Beamon David -- Ticor
Beamon David Neil -- None Available
Beamon David $226,500 Commonwealth Land Title Co
Sweet David S $119,000 Guardian Title Company
Walters Michael Wayne -- First American Title
-- $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chew Terrence $594,041
Previous Owner Beamon Hunter D $152,000
Previous Owner Beamon David $163,000
Previous Owner Beamon David $181,200
Previous Owner Sweet David S $101,250
Previous Owner Walters Michael Wayne $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2023 12/12/23 Sold $605,000 +4.5% $541 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $579,000 -- $518 / 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 $7,741 $617,099 $272,449 $344,650
2024 $7,741 $605,000 $267,107 $337,893
2023 $3,853 $285,946 $126,245 $159,701
2022 $3,784 $280,340 $123,770 $156,570
2021 $3,831 $274,844 $121,344 $153,500
2020 $3,675 $272,027 $120,100 $151,927
2019 $3,620 $266,695 $117,746 $148,949
2018 $3,506 $261,467 $115,438 $146,029
2017 $3,418 $256,341 $113,175 $143,166
2016 $3,287 $251,315 $110,956 $140,359
2015 $2,885 $215,000 $92,000 $123,000
2014 $2,306 $165,000 $71,000 $94,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2305416

California Regional Multiple Listing Service (CRMLS)

APN: 578-031-26-02