NOT LISTED FOR SALE
2.29 Acres
-- Price per Acre
99,752 Sq Ft Lot

Last Sold June 10, 2013

Last sale price $665,000

28 Days on Market

Highlights

  • 2.29 Acre Lot
  • Level Lot
  • 5-minute walk to Lincoln Acres County Park
  • Partially Fenced Property

About This Lot

As of June 2013

Apartment land zoned RU-24, might get as many as 55 units. The time is now to buy and start building as the demand for housing is here. Great location just off 805 & Sweetwater. This property is in the County of San Diego, though address is National City. Two contiguous parcels totaling 2.29 acres. Parcel 564-040-09 is 82 x 782 and Parcel 564-040-22 is 82 x 167. Build low income housing, apartments, single family which is a rare commodity. Two single family homes on site, sold as land value only. See supp Buyer to verify all information including current zoning and what can be built on the property. Brokerage makes no claims as to the highest and best use, all information regarding development possibilities to be satisfied by the buyer prior to close of escrow.

Last Agent to Sell the Property

Jeff Solomon

Major League Properties License #00836105 Listed on: 01/01/2013

Last Buyer's Agent

Jeff Solomon

Major League Properties License #00836105 Listed on: 01/01/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,363

Lot Details

  • 2.29 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Property is zoned RU 24

Utilities

  • Underground Utilities
  • Gas Available
  • Separate Water Meter
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 564-040-22-00

Property Details

Property Type

Land

Est. Annual Taxes

$9,363

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Type: Lots/Land
  • Market Area: South Bay
  • Neighborhood: Lincoln Acres
  • Cross Street: Euclid
  • LP / Sq Ft: 9.98
  • Miscellaneous: Value In Land
  • Price Per Sq Ft: 290393.01
  • SP/ Sq Ft: 6.67
  • Sale Price List Price: 0.67
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Partial
  • Frontage Dimensions in Feet: 82

Utilities

  • Sewer/Septic: Sewer Available, Sewer Connected
  • Water: Meter On Property
  • Utilities Available: Above Ground, Cable Tv, Electric, Natural Gas, Telephone
  • Utilities To Site: Above Ground, Below Ground, Cable Tv, Electric, Gas, Telephone

Condo/Co-op/Association

  • Community: San Diego

Lot Info

  • Lot Size: 2+ To 4 Ac
  • Site: Public Street, Street Paved
  • Topography: Level, Slope Gentle
  • Water District: City Of National City
  • Zoning: RU 24
  • Additional Property Use: With Structures
  • Estimated Lot Dimensions: 82x782, 82x167
  • Estimated Lot Sq Ft: 99752
  • Estimated Number of Acres: 2.29
  • Assessor Parcel Number: 564-040-09-00
  • Assessor Parcel Number 2: 564-040-22-00
  • Current Use: Residential
  • Map Code Column: C
  • Map Code Page: 1310
  • Map Code Row: 3
  • Parcel Map Number: 56404

Tax Info

  • Assessor Parcel Number: 2628Ridgeway91950

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2013
Sold by
Sipan Carol L
Bought by
Steve Mark A and Steve Julie R

Purchase Details

Closed on
Feb 14, 2008
Sold by
Sipan Carol L
Bought by
Sipan Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,887
Interest Rate
6.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2004
Sold by
Sipan Thomas Martin and Sipan Carol Louise
Bought by
Sipan Thomas M and Sipan Carol L

Purchase Details

Closed on
Aug 11, 1998
Sold by
Stanley Zerne and Stanley Ingeborg
Bought by
Sipan Thomas M and Spain Carol L
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
Steve Mark A $800,000 Stewart Title Of California
Sipan Carol L -- None Available
Sipan Thomas M -- --
Sipan Thomas M $110,000 Guardian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sipan Thomas M $150,000
Previous Owner Sipan Thomas M $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2013 06/10/13 Sold $665,000 -33.2% --
01/29/2013 01/29/13 Pending -- -- --
01/01/2013 01/01/13 For Sale $995,000 -- --
Source: San Diego MLS

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 $9,363 $818,888 $646,494 $172,394
2024 $9,363 $802,832 $633,818 $169,014
2023 $9,183 $787,091 $621,391 $165,700
2022 $9,140 $771,658 $609,207 $162,451
2021 $8,785 $756,528 $597,262 $159,266
2020 $8,413 $748,771 $591,138 $157,633
2019 $8,398 $734,091 $579,548 $154,543
2018 $8,254 $719,698 $568,185 $151,513
2017 $8,109 $705,588 $557,045 $148,543
2016 $7,869 $691,754 $546,123 $145,631
2015 $7,765 $681,364 $537,920 $143,444
2014 $7,411 $668,018 $527,383 $140,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 130000062

San Diego MLS

APN: 564-040-09