NOT LISTED FOR SALE

3505 Redwood St Lemon Grove, CA 91945

Estimated Value: $726,000 - $753,000

4 Beds
3.5 Baths
1,755 Sq Ft
$421/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $720,000 $410 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,875/month

43 Days on Market

Highlights

  • Solar Power System
  • Park or Greenbelt View
  • Balcony
  • Main Floor Bedroom
  • Breakfast Area or Nook
  • 2 Car Attached Garage

About This Home

As of June 2024

Beautifully appointed 4-bedroom, 3.5-bathroom townhome, built in 2023! This home boasts a spacious and inviting floor plan with abundant natural light streaming through dual pane windows. The kitchen features stylish designer cabinetry with soft close drawers, complemented by granite countertops. Enjoy the elegance of ceramic and wood tile flooring, enhanced by recessed lighting throughout. An attached 2-car garage with epoxy flooring and Owned Solar ensure both comfort and sustainability. Desirable amenities include a downstairs bedroom with a full bath, perfect for guests or multi-generational living. Step out onto the private covered deck to unwind, or entertain in the generous living and dining areas with 9-ft. ceilings. Convenient stackable laundry plus central A/C & heat! Community features include access to play structures, shade sail-covered picnic areas, and BBQ facilities. Located in a sought after area with easy reach to downtown San Diego, Balboa Park, schools and colleges, and the beach. Take advantage of proximity to Lemon Grove Depot trolley service and nearby shopping. With low HOA dues and no Mello-Roos, this property presents an exceptional opportunity. Don't miss out on viewing this remarkable home!

Last Agent to Sell the Property

Melissa Tucci

Melissa Goldstein Tucci License #01380034 Listed on: 04/03/2024

Melissa Goldstein Tucci

Last Buyer's Agent

PHILLIP SANN

EXP REALTY License #02172898

EXP REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,807

Year Built

  • Built in 2023

HOA Fees

  • $238 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Park or Greenbelt
  • Courtyard

Home Design

  • Entry on the 1st floor
  • Stucco Exterior

Interior Spaces

  • 1,755 Sq Ft Home
  • 3-Story Property
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Additional Features

  • Solar Power System
  • Balcony
  • Partially Fenced Property
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 499-220-62-56

Community Details

Overview

  • Association fees include common area maintenance
  • 4 Units
  • The Terraces Association, Phone Number (619) 695-2422
  • The Terraces Community

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground
  • Recreational Area

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,807

Year Built

Built in 2023

Lot Details

0

HOA Fees

$238 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: Townhome
  • Market Area: East County
  • Cross Street: Broadway
  • Neighborhood: Lemon Grove
  • LP / Sq Ft: 398.29
  • Price Per Sq Ft: 410.26
  • SP/ Sq Ft: 410.26
  • Stories: 3 Story
  • Stories In Building: 3
  • Ownership: Condominium
  • Total Stories: 3
  • Year Built: 2023
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Equipment Available: Dishwasher, Microwave, Range/Oven, Solar Panels
  • Searchable Rooms: Bedroom Entry Level, Breakfast Area, Dining Area
  • Total Bedrooms: 4
  • Bedrooms: 4
  • Master Bedroom Dimensions: 13x10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 1755
  • Total Bathrooms: 4

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Patio: Balcony
  • View: Parklike, Courtyard

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

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

Condo/Co-op/Association

  • Complex Name: The Terraces
  • Units In Building: 4
  • Total Number of Units: 70
  • Community: LEMON GROVE
  • Complex Features: BBQ, Playground, Recreation Area
  • Home Owner Association: The Terraces
  • Home Owner Association Fee Includes: Common Area Maintenance
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 238.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619-695-2422

Association/Amenities

  • Entry Level Unit: 1

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 499-220-62-56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 29, 2024
Sold by
Banson Victoria and Sagoe Clara
Bought by
Sann Kenneth and Sann Matthew Te
Seller's Agent
Melissa Tucci
Melissa Goldstein Tucci
Buyer's Agent
PHILLIP SANN
EXP REALTY
List Price
$739,000
Sold Price
$720,000
Premium/Discount to List
-$19,000
-2.57%
Views
220
Current Estimated Value
$738,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,450
Avg. Annual Appreciation
1.92%
Original Mortgage
$720,000
Outstanding Balance
$711,073
Interest Rate
7.17%
Mortgage Type
VA
Estimated Equity
$27,377

Purchase Details

Closed on
May 26, 2023
Sold by
Kb Home Coastal Inc
Bought by
Benson Victoria and Sagoe Clara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,401
Interest Rate
6.69%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sann Kenneth $720,000 First American Title
Benson Victoria $677,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sann Kenneth $720,000
Previous Owner Benson Victoria $664,401
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2024 06/07/24 Sold $720,000 +3.0% $410 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
04/22/2024 04/22/24 Price Changed $699,000 -5.4% $398 / Sq Ft
04/03/2024 04/03/24 For Sale $739,000 -- $421 / 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 $8,807 $734,399 $379,867 $354,532
2024 $8,807 $676,658 $350,000 $326,658
2023 -- -- -- --
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 240007037

San Diego MLS

APN: 499-220-62-56