NOT LISTED FOR SALE

2935 Erie St Unit 8,9 San Diego, CA 92117

Bay Park Neighborhood

Estimated Value: $477,000 - $800,000

0.16 Acre
$4,035,419 Price per Acre
6,808 Sq Ft Lot

Last Sold November 01, 2022

Last sale price $980,000

Est. 34% decrease in value since last sale

Current estimated payment $4,087/month

24 Days on Market

About This Lot

As of November 2022

A rare find... two of the last remaining vacant homesites in coastal San Diego! You can build one home each on these flat 3505 & 3303 square-foot lots or it can be one large 6808 square-foot site for your dream home. They front on Erie Street and back to Fallbrook Lane, and likely support 1-2 ADUs ("granny flat" apartments) each in addition to a single family home. Located amongst multi-million dollar custom homes, these lots were part of the "El Ranchito" horse ranch, which existed until the '80s, and has been in the same family since the 1800s! Per seller, there is electric and gas at the rear of the northerly lot, and water at the street. The city stated the zoning is grandfathered to allow building on each lot. Parcel #s 425-542-06-00 & 425-542-07-00. Financing available with 25% down!

Last Agent to Sell the Property

Gary Kent

Keller Williams Realty LaJolla License #00862878 Listed on: 08/05/2022

Keller Williams Realty LaJolla

Last Buyer's Agent

OUT OF AREA OUT

OUT OF AREA - NON MEMBER License #09999915

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,165

Lot Details

  • 6,808 Sq Ft Lot
  • Level Lot
  • Property is zoned R-1:SINGLE

Parking

  • Alley Access

Listing and Financial Details

  • Assessor Parcel Number 425-541-07-00

Property Details

Property Type

Land

Est. Annual Taxes

$6,165

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Type: Lots/Land
  • Market Area: Metro
  • Neighborhood: Bay Park
  • Cross Street: Clairemont Dr
  • Price Per Sq Ft: 6125000.0
  • Sale Price List Price: 0.89
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Dimensions in Feet: 50

Utilities

  • Sewer/Septic: Sewer Available
  • Water: Available

Condo/Co-op/Association

  • Community: Bay Park

Lot Info

  • Lot Size: 4,000-7,499 Sf
  • Site: Alley Access, Public Street, Rear Yd Str Access
  • Topography: Level
  • Water District: City Of San Diego
  • Zoning: R-1:SINGLE
  • Estimated Lot Sq Ft: 6808
  • Estimated Number of Acres: 0.16
  • Assessor Parcel Number: 425-541-06-00
  • Assessor Parcel Number 2: 425-541-07-00
  • Current Use: Unimproved
  • Lot Number: 8,9
  • Map Code Column: E
  • Map Code Page: 1248
  • Map Code Row: 6
  • Parcel Map Number: 00080

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Oct 19, 2022
Sold by
Sirypangno Dina Michelleangela
Bought by
Montoya Alejandro Patricio
Seller's Agent
Gary Kent
Keller Williams Realty LaJolla
Buyer's Agent
OUT OF AREA OUT
OUT OF AREA - NON MEMBER
List Price
$1,100,000
Sold Price
$980,000
Premium/Discount to List
-$120,000
-10.91%
Current Estimated Value
$645,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$334,333
Avg. Annual Appreciation
-14.13%
Original Mortgage
$367,500
Outstanding Balance
$321,470
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$324,198

Purchase Details

Listed on
Aug 5, 2022
Closed on
Oct 17, 2022
Sold by
Demaria Elizabeth M
Bought by
Sirypangno Dina Michelleange and Montoya Alejandro Patricio
Seller's Agent
Gary Kent
Keller Williams Realty LaJolla
Buyer's Agent
OUT OF AREA OUT
OUT OF AREA - NON MEMBER
List Price
$1,100,000
Sold Price
$980,000
Premium/Discount to List
-$120,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Outstanding Balance
$321,470
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$324,198

Purchase Details

Closed on
Nov 4, 2021
Sold by
Ames Neva Louise
Bought by
Stephen B Ames Family Trust and Ames

Purchase Details

Closed on
Oct 22, 2021
Sold by
Ames Samuel B and Stephen B Ames Family Trust
Bought by
Demaria Elizabeth M

Purchase Details

Closed on
Aug 17, 2004
Sold by
Ames Neva L
Bought by
Ames Samuel B and Ames Marilyn J

Purchase Details

Closed on
Jul 31, 1999
Sold by
Ames Stephen B and Ames Neva L
Bought by
Ames Samuel B and Ames Marilyn 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
Montoya Alejandro Patricio -- Fidelity National Title
Montoya Alejandro Patricio -- Fidelity National Title
Sirypangno Dina Michelleange -- Fidelity National Title
Sirypangno Dina Michelleange $490,000 Fidelity National Title
Stephen B Ames Family Trust -- --
Demaria Elizabeth M -- None Available
Ames Samuel B -- --
Ames Neva L -- --
Ames Samuel B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montoya Alejandro Patricio $367,500
Closed Sirypangno Dina Michelleange $367,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2022 11/01/22 Sold $980,000 -10.9% --
08/30/2022 08/30/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $1,100,000 -- --
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 $6,165 $509,796 $509,796 --
2024 $6,165 $499,800 $499,800 --
2023 $6,030 $490,000 $490,000 $0
2022 $209 $14,989 $14,989 $0
2021 $208 $14,696 $14,696 $0
2020 $205 $14,546 $14,546 $0
2019 $202 $14,261 $14,261 $0
2018 $191 $13,982 $13,982 $0
2017 $187 $13,708 $13,708 $0
2016 $184 $13,440 $13,440 $0
2015 $181 $13,239 $13,239 $0
2014 $179 $12,980 $12,980 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220020391

San Diego MLS

APN: 425-541-06