NOT LISTED FOR SALE

2442 Central Ave Spring Valley, CA 91977

Estimated Value: $460,326 - $513,000

1.04 Acres
$467,733 Price per Acre
45,302 Sq Ft Lot

Last Sold October 18, 2023

Last sale price $435,000

Est. 12% increase in value since last sale

Current estimated payment $3,043/month

20 Days on Market

Highlights

  • 1.04 Acre Lot
  • No HOA
  • Neighborhood Views

About This Lot

As of October 2023

Rare! 1.04 acre parcel in Spring Valley ready for development. 100% useable, flat and ready for your project. SB 9 qualified for a two-lot split, split into three parcels or build your dream home and guest house on this one-acre parcel. There was once a home on this property so we believe utilities are already at the property but buyer must confirm. There may be utilities to it from a prior house, buyer to confirm. Neighborhood has several multiple unit properties.

Last Agent to Sell the Property

Kimberly Walton

Happy Homes Real Estate License #01405598 Listed on: 09/06/2023

Last Buyer's Agent

Rafael Bautista

Christian Stanley Finance Realty License #01451614

Property Details

Property Type

  • Land

Lot Details

  • 1.04 Acre Lot
  • No Landscaping
  • Property is zoned Residential Vacant Land

Additional Features

  • Neighborhood Views
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5033923500

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Assessments: No
  • Possible Use Comments: Seller believes there are utilities to the property as there was once a house on this property. Rare 1.04 acre parcel in Spring Valley ready for development. 100% useable, flat and ready for your project. SB 9 qualified for a two-lot split, split into three parcels or build your dream home and guest house on this one-acre parcel. There was once a home on this property so we believe utilities are already at the property but buyer must confirm.
  • View: Yes
  • Zoning: Residential Vacant Land
  • Property Type: Land
  • Parcel Number: 5033923500
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 9.60

Exterior Features

  • View: Neighborhood
  • Fence: No

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 45302.00
  • Lot Size Acres: 1.0400

Multi Family

  • Lot Size Area: 45302.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2025
Sold by
Rangel Eduardo Rene
Bought by
Red Panda Holdings Llc
Current Estimated Value
$486,442

Purchase Details

Listed on
Sep 6, 2023
Closed on
Oct 17, 2023
Sold by
Rangel Wen Li
Bought by
Rangel Eduardo R
Seller's Agent
Kimberly Walton
Happy Homes Real Estate
Buyer's Agent
Rafael Bautista
Christian Stanley Finance Realty
List Price
$450,000
Sold Price
$435,000
Premium/Discount to List
-$15,000
-3.33%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.24%
Original Mortgage
$297,500
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2023
Closed on
Sep 14, 2023
Sold by
My Home Team Inc
Bought by
Rangel Eduardo R
Seller's Agent
Kimberly Walton
Happy Homes Real Estate
Buyer's Agent
Rafael Bautista
Christian Stanley Finance Realty
List Price
$450,000
Sold Price
$435,000
Premium/Discount to List
-$15,000
-3.33%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2018
Sold by
R & R Rental Properties Llc
Bought by
My Home Team Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.4%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 24, 2009
Sold by
Klepper Joseph A and Melton Janice Kay
Bought by
R & R Rental Properties Llc

Purchase Details

Closed on
Dec 3, 1998
Sold by
Klepper Herbert D
Bought by
Klepper Herbert D and Melton Janice Kay
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Red Panda Holdings Llc -- None Listed On Document
Rangel Eduardo R -- Ticor Title
Rangel Eduardo R $435,000 Ticor Title
My Home Team Inc $240,000 Corinthian Title Company
R & R Rental Properties Llc $235,000 Equity Title San Diego
Klepper Herbert D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rangel Eduardo R $297,500
Previous Owner My Home Team Inc $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2023 10/18/23 Sold $435,000 -3.3% --
09/26/2023 09/26/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $450,000 0.0% --
09/13/2023 09/13/23 Pending -- -- --
09/11/2023 09/11/23 For Sale $450,000 0.0% --
09/08/2023 09/08/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $450,000 -- --
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
2025 $5,935 $435,000 $435,000 --
2024 $5,710 $435,000 $435,000 --
2023 $3,626 $262,473 $262,473 $0
2022 $3,561 $257,327 $257,327 $0
2021 $3,524 $252,282 $252,282 $0
2020 $3,375 $249,696 $249,696 $0
2019 $3,351 $244,800 $244,800 $0
2018 $3,418 $255,249 $255,249 $0
2017 $3,331 $250,245 $250,245 $0
2016 $3,206 $245,339 $245,339 $0
2015 $3,187 $241,654 $241,654 $0
2014 $3,130 $236,921 $236,921 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2304334

California Regional Multiple Listing Service (CRMLS)

APN: 503-392-35