NOT LISTED FOR SALE

2720 Palm Ln Lemon Grove, CA 91945

Estimated Value: $715,000 - $825,000

3 Beds
2 Baths
1,062 Sq Ft
$731/Sq Ft Est. Value

Last Sold April 30, 2014

Last sale price $360,000 $339 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $4,748/month

17 Days on Market

Highlights

  • In Ground Pool
  • Private Yard
  • Property is Fully Fenced
  • RV Access or Parking
  • 2 Car Detached Garage
  • Level Lot

About This Home

As of April 2014

This incredible home has been remodeled top to bottom. Very large and deep pool out back. The cement decking is brand new and offers a great place to kick back and relax. Detached garage for the toys and RV parking as well. 1/3 acre lot is flat & fully fenced for the kids and animals. Cul-de-sac location offers peace and quiet & safety from traffic. Totally affordable and has everything you're looking for.

Last Agent to Sell the Property

David Liesch

Legacy Assets, Inc. License #01248167 Listed on: 02/22/2014

Last Buyer's Agent

Mike Aon

Realty Executives Dillon License #01300658

Realty Executives Dillon

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,802

Year Built

  • Built in 1955

Lot Details

  • 0.34 Acre Lot
  • Property is Fully Fenced
  • Level Lot
  • Private Yard

Parking

  • 2 Car Detached Garage
  • RV Access or Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1,062 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Located Outside
  • Gas Dryer Hookup

Additional Features

  • In Ground Pool
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 503-232-05-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,802

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: East County
  • Cross Street: Palm Ave.
  • Neighborhood: Palm Ln. cul-de-sac
  • LP / Sq Ft: 357.72
  • Price Per Sq Ft: 338.98
  • Residential Unit Location: Detached
  • SP/ Sq Ft: 338.98
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1955
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Walk Score Desc: Car Dependent
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 12x12
  • Full Bathrooms: 2
  • Laundry Location: Outside
  • Estimated Sq Ft: 1062
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco, Wood, Wood/Stucco
  • Fencing: Full
  • Pool: Below Ground
  • Roof: Composition
  • Exclusive Use Yard: Yes

Garage/Parking

  • Parking for RV: On-Site Parking
  • Garage Details: Detached
  • Garage Spaces: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric, Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit

Condo/Co-op/Association

  • Community: LEMON GROVE

Lot Info

  • Lot Size: .25 to .5 AC
  • Topography: Level
  • Assessor Parcel Number: 503-232-05-00
  • Estimated Lot Sq Ft: 15000
  • Map Code Column: H
  • Map Code Page: 1270
  • Map Code Row: 7

Tax Info

  • Assessor Parcel Number: 2720Palm91945

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2015
Sold by
Davidson Patrick and Montanez Ruben R
Bought by
Davidson Patrick
Current Estimated Value
$778,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2014
Closed on
Apr 22, 2014
Sold by
Whiz Builders Inc
Bought by
Davidson Patrick and Montanez Ruben R
Seller's Agent
David Liesch
Legacy Assets, Inc.
Buyer's Agent
Mike Aon
Realty Executives Dillon
List Price
$279,900
Sold Price
$360,000
Premium/Discount to List
$80,100
28.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
Original Mortgage
$353,479
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 1, 2013
Closed on
Dec 19, 2013
Sold by
Wagner Patricia D
Bought by
Whiz Builders Inc
Seller's Agent
Anya Turchin
Big Block Realty, Inc
Buyer's Agent
David Liesch
Legacy Assets, Inc.
List Price
$249,000
Sold Price
$245,000
Premium/Discount to List
-$4,000
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
246.06%
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
Davidson Patrick -- Title 365
Davidson Patrick $360,000 Lawyers Title
Whiz Builders Inc $245,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davidson Patrick $70,000
Open Davidson Patrick $403,000
Closed Davidson Patrick $351,226
Closed Davidson Patrick $355,500
Closed Davidson Patrick $35,000
Closed Davidson Patrick $353,479
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2014 04/30/14 Sold $360,000 -5.2% $339 / Sq Ft
03/11/2014 03/11/14 Pending -- -- --
02/22/2014 02/22/14 Price Changed $379,900 +35.7% $358 / Sq Ft
02/22/2014 02/22/14 For Sale $279,900 +14.2% $264 / Sq Ft
01/07/2014 01/07/14 Sold $245,000 0.0% $231 / Sq Ft
12/09/2013 12/09/13 Pending -- -- --
12/09/2013 12/09/13 Off Market $245,000 -- --
11/14/2013 11/14/13 For Sale $249,000 -- $234 / Sq Ft
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 $5,802 $441,299 $183,874 $257,425
2024 $5,802 $432,647 $180,269 $252,378
2023 $5,654 $424,165 $176,735 $247,430
2022 $5,624 $415,849 $173,270 $242,579
2021 $5,547 $407,696 $169,873 $237,823
2020 $5,484 $403,517 $168,132 $235,385
2019 $5,397 $395,606 $164,836 $230,770
2018 $5,276 $387,850 $161,604 $226,246
2017 $5,198 $380,246 $158,436 $221,810
2016 $5,016 $372,791 $155,330 $217,461
2015 $5,070 $367,192 $152,997 $214,195
2014 $3,514 $245,911 $102,463 $143,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 140009820

San Diego MLS

APN: 503-232-05