NOT LISTED FOR SALE

2619 Nida Place Lemon Grove, CA 91945

Estimated Value: $742,000 - $809,000

8 Beds
2 Baths
1,435 Sq Ft
$543/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $600,000 $418 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,043/month

17 Days on Market

Highlights

  • Spa
  • Fireplace
  • Cooling Available
  • No HOA
  • 1 Car Attached Garage
  • Views

About This Home

As of July 2021

8 Bedroom home with large backyard currently used as an Independent Living Facility with $85,860 in gross Income. Rent roll, disclosures and financials available by request. CASH FLOW INVESTMENT OPPORTUNITY - HUGE POTENTIAL to obtain license for Senior Independent Living and expand options by providing home health care services through licensed specialists. Property is fully occupied. Rent roll, disclosures and financials available by request.

Last Agent to Sell the Property

Patrick Hale

The Local Realty Inc. License #01777558 Listed on: 05/22/2021

Last Buyer's Agent

Craig Epstein

Compass License #01739593

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,182

Year Built

  • Built in 1955

Lot Details

  • 7,000 Sq Ft Lot
  • Fenced
  • Back Yard
  • Property is zoned R-1:SINGLE

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • Attached Carport
  • Parking Available
  • Driveway

Interior Spaces

  • 1,435 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Spa
  • Patio

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4805600900

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,182

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: LEMON GROVE
  • View: Yes
  • Zoning: R-1:SINGLE
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4805600900
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1435.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 8
  • Levels: One
  • Price Per Square Foot: 418.12

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Attached Carport, Driveway
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1607

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7000.0000 Square Feet
  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Potter David and Potter Family Trust
Bought by
2619 Nida Pl Llc
Total Days on Market
17
Current Estimated Value
$779,814

Purchase Details

Listed on
May 22, 2021
Closed on
Jun 29, 2021
Sold by
Advantage Property Fund Spe Llc
Bought by
Potter David and Potter Family Trust
Seller's Agent
Patrick Hale
The Local Realty Inc.
Buyer's Agent
Craig Epstein
Compass
List Price
$619,900
Sold Price
$600,000
Premium/Discount to List
-$19,900
-3.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$450,000
Interest Rate
2.9%
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

Listed on
Jun 21, 2015
Closed on
Sep 9, 2015
Sold by
City Redevelopment Llc
Bought by
The City Of Lemon Grove
Seller's Agent
Lee Kusek
Pacific Realty Network
Buyer's Agent
Risa Demetrio
SD Upside Down
List Price
$315,000
Sold Price
$316,000
Premium/Discount to List
$1,000
0.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%

Purchase Details

Listed on
Jun 21, 2015
Closed on
Jun 26, 2015
Sold by
Harper Edward A and Harper Linda J
Bought by
City Redevelopment Llc
Seller's Agent
Lee Kusek
Pacific Realty Network
Buyer's Agent
Risa Demetrio
SD Upside Down
List Price
$315,000
Sold Price
$316,000
Premium/Discount to List
$1,000
0.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2013
Sold by
Harper Edward A and Harper Linda Jean
Bought by
Harper Edward A and Harper Linda J
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
2619 Nida Pl Llc -- None Available
Potter David $600,000 Ticor Title Co Sd Branch
Advantage Property Fund Spe Llc -- None Available
The City Of Lemon Grove -- None Available
City Redevelopment Llc $316,000 Title 365
Harper Edward A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Potter David $450,000
Previous Owner Advantage Property Fund Spe Llc $3,485,000
Previous Owner City Redevelopment Llc $253,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $600,000 -3.2% $418 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
05/22/2021 05/22/21 For Sale $619,900 +96.2% $432 / Sq Ft
07/17/2015 07/17/15 Sold $316,000 +0.3% $220 / Sq Ft
06/26/2015 06/26/15 Pending -- -- --
06/20/2015 06/20/15 For Sale $315,000 -- $220 / 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
2024 $8,182 $624,240 $416,160 $208,080
2023 $7,968 $612,000 $408,000 $204,000
2022 $7,926 $345,586 $102,280 $243,306
2021 $4,881 $345,586 $102,280 $243,306
2020 $4,824 $342,044 $101,232 $240,812
2019 $4,748 $335,339 $99,248 $236,091
2018 $4,643 $328,764 $97,302 $231,462
2017 $150 $322,319 $95,395 $226,924
2016 $4,414 $316,000 $93,525 $222,475
2015 $1,266 $55,128 $16,316 $38,812
2014 -- $54,049 $15,997 $38,052
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2103517

California Regional Multiple Listing Service (CRMLS)

APN: 480-560-09