NOT LISTED FOR SALE

Estimated Value: $757,000 - $877,000

2 Beds
1 Bath
768 Sq Ft
$1,061/Sq Ft Est. Value

Last Sold September 04, 2024

Last sale price $850,000 $1,107 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,011/month

4 Days on Market

Highlights

  • RV Access or Parking
  • 5-minute walk to 32Nd & Commercial
  • 1-Story Property
  • Wood Flooring
  • Partially Fenced Property

About This Home

As of September 2024

HIGH DENSITY DEVELOPMENT OPPORTUNITY! This charming home sits on a spacious flat lot, offering endless potential for developers. The property boasts a 9,351 FAR, perfect for maximizing buildable space. Located within an Opportunity Zone, take advantage of federal tax incentives while enjoying the benefits of RM 3-7 zoning, allowing one unit per 1,000 sq ft. With a 40 ft height limitation, this property is ideal for multi-story developments. Situated in a Transit Priority Area, no parking is required for new developments, reducing construction costs. Alley access at the rear of the property and its location within a complete communities/bonus ADU area, further enhancing development possibilities. Don’t miss out on this exceptional opportunity to develop in one of San Diego’s most promising areas!

Last Agent to Sell the Property

Eric Vaca

Finest City Homes & Loans License #01331749 Listed on: 08/02/2024

Last Buyer's Agent

Non Subscriber

Non Subscriber

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,490

Year Built

  • Built in 2008

Lot Details

  • 5,195 Sq Ft Lot
  • Partially Fenced Property
  • Property is zoned Rm 3-7

Home Design

  • Composition Roof

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Alley Access
  • RV Access or Parking

Utilities

  • Gravity Heating System
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 5453012000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,490

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Metro Central
  • Cross Street: 32
  • Neighborhood: Grant Hill
  • LP / Sq Ft: 1106.77
  • Price Per Sq Ft: 1106.77
  • Residential Unit Location: Detached
  • SP/ Sq Ft: 1106.77
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 2008
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Equipment Available: Gas Range
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 12X10
  • Full Bathrooms: 1
  • Estimated Sq Ft: 768
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition
  • Skirting: Unknown

Garage/Parking

  • Parking for RV: On-Site Parking, Potential Space
  • Non Garage Parking: Other

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Wall/Gravity
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Community: SAN DIEGO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access
  • Zoning: Rm 3-7
  • Assessor Parcel Number: 5453012000
  • Estimated Lot Sq Ft: 5195

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Aug 22, 2024
Sold by
3162 L Street Llc
Bought by
Buildcasa California Acquisition Vii Llc
Seller's Agent
Eric Vaca
Finest City Homes & Loans
Buyer's Agent
Non Subscriber
Non Subscriber
List Price
$850,000
Sold Price
$850,000
Views
30
Current Estimated Value
$814,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,171
Avg. Annual Appreciation
-3.70%
Original Mortgage
$822,500
Outstanding Balance
$181,752
Interest Rate
6.78%
Mortgage Type
Construction
Estimated Equity
$635,223

Purchase Details

Listed on
Feb 18, 2023
Closed on
Mar 21, 2023
Sold by
Chasen Family Trust
Bought by
3162 L Street Llc
Seller's Agent
Tanya Parks
Compass
Buyer's Agent
Ruben Rodriguez
Coldwell Banker West
List Price
$550,000
Sold Price
$675,000
Premium/Discount to List
$125,000
22.73%
Views
124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.61%

Purchase Details

Listed on
Feb 18, 2023
Closed on
Mar 3, 2023
Sold by
Lee Mary Carolyn
Bought by
Chasen Family Trust
Seller's Agent
Tanya Parks
Compass
Buyer's Agent
Ruben Rodriguez
Coldwell Banker West
List Price
$550,000
Sold Price
$675,000
Premium/Discount to List
$125,000
22.73%
Views
124

Purchase Details

Closed on
Jul 11, 1994
Sold by
Clayton Willie Pearl
Bought by
Clayton Willie Pearl
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
Buildcasa California Acquisition Vii Llc $850,000 Lawyers Title
3162 L Street Llc -- --
Chasen Family Trust $675,000 Fidelity National Title
Clayton Willie Pearl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buildcasa California Acquisition Vii Llc $822,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2024 09/04/24 Sold $850,000 0.0% $1,107 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
08/02/2024 08/02/24 For Sale $850,000 +25.9% $1,107 / Sq Ft
03/08/2023 03/08/23 Sold $675,000 +22.7% $879 / Sq Ft
02/25/2023 02/25/23 Pending -- -- --
02/18/2023 02/18/23 For Sale $550,000 -- $716 / 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 $8,490 $850,000 $800,000 $50,000
2024 $8,490 $688,499 $563,318 $125,181
2023 $6,906 $15,623 $9,554 $6,069
2022 $223 $15,623 $9,554 $6,069
2021 $135 $15,317 $9,367 $5,950
2020 $133 $15,160 $9,271 $5,889
2019 $130 $14,864 $9,090 $5,774
2018 $121 $14,573 $8,912 $5,661
2017 $117 $14,288 $8,738 $5,550
2016 $112 $14,009 $8,567 $5,442
2015 $109 $13,800 $8,439 $5,361
2014 $107 $13,530 $8,274 $5,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240018171

San Diego MLS

APN: 545-301-20