NOT LISTED FOR SALE

2545 Crestline Dr Lemon Grove, CA 91945

Estimated Value: $812,000 - $906,000

7 Beds
4 Baths
3,066 Sq Ft
$282/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $635,000 $207 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,217/month

28 Days on Market

Highlights

  • Cooling Available
  • Heating Available
  • 1-Story Property
  • Laundry Room

About This Home

As of August 2021

7 Bedroom CASH FLOW INVESTMENT OPPORTUNITY with $104,940 in gross Income. Rare opportunity to own a fully leased Senior Independent Living Facility (no license required). HUGE POTENTIAL to expand options by providing home health care services through licensed specialists. Financials and offering memorandum available by request.

Last Agent to Sell the Property

Patrick Hale

The Local Realty Inc. License #01777558 Listed on: 08/27/2020

Last Buyer's Agent

Jerome Morlet

Compass License #01795086

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,644

Year Built

  • Built in 1958

Lot Details

  • 9,770 Sq Ft Lot
  • Property is zoned R-1:SINGLE

Interior Spaces

  • 3,066 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 4805730100

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,644

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: LEMON GROVE
  • Zoning: R-1:SINGLE
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4805730100
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Living Area: 3066.00 Square Feet
  • Stories: 1
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 7
  • Levels: One
  • Price Per Square Foot: 211.97

Garage/Parking

  • Parking: No
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Sewer: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9770.00
  • Lot Size Acres: 0.2243

Multi Family

  • Lot Size Area: 9770.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2020
Sold by
Advantage Property Fund Spe Llc
Bought by
Hollins Alexia
Current Estimated Value
$863,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2019
Sold by
City Redevelopment Llc
Bought by
Advantage Property Fund Spe Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,485,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 7, 2016
Sold by
City Redevelopnent Llc
Bought by
City Of Lemon Grove

Purchase Details

Listed on
Jun 4, 2014
Closed on
Oct 30, 2014
Sold by
Boren Aileen
Bought by
City Redevelopment Llc
Seller's Agent
Michael Disney
Disney Financial
Buyer's Agent
Ray McCleary
MBA Realty & Investments
List Price
$315,500
Sold Price
$315,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%
Original Mortgage
$236,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2009
Sold by
Boren Marion
Bought by
Boren Marion and Boren Aileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Interest Rate
2.72%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 20, 2008
Sold by
Dm Residential Care Homes Inc
Bought by
Boren Marion and Boren Aileen

Purchase Details

Closed on
Feb 5, 2007
Sold by
Boren Marion and Boren Aileen
Bought by
D M Residential Care Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.23%
Mortgage Type
Stand Alone Second
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
Hollins Alexia $625,000 Lawyers Title Company
Advantage Property Fund Spe Llc -- None Available
City Of Lemon Grove -- None Available
City Redevelopment Llc $313,500 Title 365
Boren Marion -- Accommodation
Boren Marion -- Ticor Title
Boren Marion -- None Available
D M Residential Care Homes Inc -- Ticor Title Of California
Boren Marion -- Ticor Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hollins Alexia $500,000
Previous Owner Advantage Property Fund Spe Llc $3,485,000
Previous Owner City Redevelopment Llc $236,000
Previous Owner Boren Marion $577,500
Previous Owner Boren Marion $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Sold $635,000 -2.3% $207 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $649,900 +106.0% $212 / Sq Ft
11/10/2014 11/10/14 Sold $315,500 0.0% $134 / Sq Ft
10/15/2014 10/15/14 Pending -- -- --
06/04/2014 06/04/14 For Sale $315,500 -- $134 / 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 $7,644 $590,940 $184,199 $406,741
2024 $7,644 $579,354 $180,588 $398,766
2023 $8,271 $637,499 $177,048 $460,451
2022 $8,227 $625,000 $173,577 $451,423
2021 $4,911 $348,081 $96,670 $251,411
2020 $4,854 $344,513 $95,679 $248,834
2019 $4,780 $337,758 $93,803 $243,955
2018 $4,674 $331,136 $91,964 $239,172
2017 $4,606 $324,644 $90,161 $234,483
2016 $4,444 $318,280 $88,394 $229,886
2015 $4,418 $313,500 $87,067 $226,433
2014 $14,100 $159,812 $44,384 $115,428
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Patrick Hale

    The Local Realty Inc.

    Section Image
  • Jerome Morlet

    Buyer's Agent in 2021

    Jerome Morlet

    Compass

    (619) 737-6586

    1 in this area

    29 Total Sales

    Jerome Morlet
    Section Image
  • Everest Mwamba

    Buyer's Agent in 2021

    Everest Mwamba

    Kenney & Everest Real Estate

    (415) 377-2177

    1 in this area

    21 Total Sales

    Everest Mwamba
    Section Image

  • M

    Seller's Agent in 2014

    Michael Disney

    Disney Financial

    (619) 204-8564

    1 in this area

    3 Total Sales

    Michael Disney
    Section Image

  • R

    Buyer's Agent in 2014

    Ray McCleary

    MBA Realty & Investments

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200041651

California Regional Multiple Listing Service (CRMLS)

APN: 480-573-01

California San Diego County Lemon Grove 91945

2545 Crestline Dr, Lemon Grove, CA

This home is located at 2545 Crestline Dr, Lemon Grove, CA 91945 since 27 August 2020 and is currently estimated at $863,886, approximately $281 per square foot. This property was built in 1958. 2545 Crestline Dr is a home located in San Diego County with nearby schools including Mount Miguel High School, Saint John Of The Cross Catholic School, and Lighthouse Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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