NOT LISTED FOR SALE

Estimated Value: $4,353,034

0.16 Acre
$26,542,890 Price per Acre
7,144 Sq Ft Lot

Last Sold June 12, 2018

Last sale price $949,000

Est. 359% increase in value since last sale

Current estimated payment $27,903/month

56 Days on Market

About This Lot

As of June 2018

A rare opportunity for a great investment to purchase a 7150 SF prime commercial property lot directly on El Cajon Blvd. This commercial property is located in a densely populated neighborhood that creates a high volume of foot traffic. A prime location in a growing neighborhood. The current owner had owned the business and has closed due to his retirement. Property is being sold in an "AS IS" condition. Buyer to complete their own investigation. Seller and Agent make no warranties or guarantees regarding any development potential.. Phase 1 report has been completed..

Last Agent to Sell the Property

Doug Fodor

Real Acqusition, Inc. License #01947459 Listed on: 03/26/2018

Real Acqusition, Inc.

Last Buyer's Agent

Doug Fodor

Real Acqusition, Inc. License #01947459 Listed on: 03/26/2018

Real Acqusition, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $50,210

Lot Details

Listing and Financial Details

  • Assessor Parcel Number 446-231-03-00

Property Details

Property Type

Land

Est. Annual Taxes

$50,210

Lot Details

0

Listing Details

  • Class: Commercial-Lnd/Rn/Grv
  • Type: Com-Lnd/Rn/Grv
  • Market Area: Metro Uptown
  • Price Per Sq Ft: 132.0
  • Sale Price List Price: 1.0
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Estimated Lot Dimensions: 70X100
  • Assessor Parcel Number: 446-231-03-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2022
Sold by
Ecb Creative House Llc
Bought by
Mcanri Properties Llc
Current Estimated Value
$4,353,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Outstanding Balance
$1,487,952
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$2,845,020

Purchase Details

Closed on
Nov 11, 2019
Sold by
2867 El Cajon Llc
Bought by
Ecb Creative House Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 26, 2018
Closed on
May 25, 2018
Sold by
Frank Randy and Frank Jeri
Bought by
2867 El Cajon Llc
Seller's Agent
Doug Fodor
Real Acqusition, Inc.
Buyer's Agent
Doug Fodor
Real Acqusition, Inc.
List Price
$949,000
Sold Price
$949,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.59%
Original Mortgage
$730,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2015
Sold by
Young Charles R
Bought by
Frank Randy and Frank Jeri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,500
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2012
Sold by
Siggard Sara
Bought by
Young Charles R and Young Family Trust

Purchase Details

Closed on
Feb 9, 2012
Sold by
Young Charles R
Bought by
Siggard Sara and Young Irrevocable Trust

Purchase Details

Closed on
Sep 25, 1991
Sold by
Young Charles R and Young Irene L
Bought by
Young Charles R and Young Irene 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
Mcanri Properties Llc $4,000,000 Chicago Title
Ecb Creative House Llc $1,600,000 Chicago Title Company
2867 El Cajon Llc $934,000 Wfg Title Company Of Califor
Frank Randy $595,000 Ticor Title Co San Diego
Young Charles R -- None Available
Siggard Sara -- None Available
Young Charles R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcanri Properties Llc $1,550,000
Previous Owner Ecb Creative House Llc $2,000,000
Previous Owner Ecb Creative House Llc $250,000
Previous Owner Ecb Creative House Llc $1,235,000
Previous Owner 2867 El Cajon Llc $730,000
Previous Owner Frank Randal J $218,000
Previous Owner Frank Randy $211,000
Previous Owner Frank Randy $309,500
Previous Owner Frank Randy $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2018 06/12/18 Sold $949,000 0.0% --
05/22/2018 05/22/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $949,000 0.0% --
03/29/2018 03/29/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $949,000 -- --
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 $50,210 $4,161,600 $2,913,120 $1,248,480
2024 $50,210 $4,080,000 $2,856,000 $1,224,000
2023 $49,106 $4,000,000 $2,800,000 $1,200,000
2022 $20,153 $1,648,907 $1,597,379 $51,528
2021 $20,012 $1,616,576 $1,566,058 $50,518
2020 $19,769 $1,600,000 $1,550,000 $50,000
2019 $11,827 $952,680 $867,000 $85,680
2018 $7,359 $619,038 $369,342 $249,696
2017 $7,185 $606,900 $362,100 $244,800
2016 $2,727 $225,069 $174,353 $50,716
2015 $2,686 $221,690 $171,735 $49,955
2014 $2,645 $217,348 $168,371 $48,977
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 180015428

San Diego MLS

APN: 446-231-03