NOT LISTED FOR SALE

Estimated Value: $1,365,000 - $1,918,000

4 Beds
2 Baths
1,754 Sq Ft
$947/Sq Ft Est. Value

Last Sold July 12, 2022

Last sale price $1,450,000 $827 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,798/month

29 Days on Market

Highlights

  • 2 Car Attached Garage
  • Family Room
  • Property is Fully Fenced
  • Spreckels Elementary School Rated A-
  • Dining Area
  • Level Lot

About This Home

As of July 2022

Situated on a large, quiet corner lot sits 3522 Mercer Ln in University City. Welcomed by a spacious driveway, fresh landscaping and newly repainted exterior is only the beginning. As you enter into the well maintained home you will notice the layout ushers entertaining and great bedroom spaces. The backyard has turf for low maintenance yard work and can be accessed by any bedroom in the home. Conveniently located near freeway access, hiking and park spaces for your outdoor enjoyment!

Last Listed By

Amber Anderson

Pacific Sotheby's Int'l Realty License #01423536 Listed on: 05/23/2022

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,014

Year Built

  • Built in 1968

Lot Details

  • Property is Fully Fenced
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,754 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Dining Area

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Utilities

  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 348-450-15-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,014

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Metro
  • Cross Street: Merwell Street
  • Neighborhood: University Hills
  • LP / Sq Ft: 854.62
  • Price Per Sq Ft: 826.68
  • SP/ Sq Ft: 826.68
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal, Garage Door Opener, Microwave, Gas Oven, Gas Cooking
  • Searchable Rooms: Bedroom Entry Level, Dining Area, Family Room
  • Total Bedrooms: 4
  • Bedrooms: 4
  • Master Bedroom Dimensions: 15X13
  • Full Bathrooms: 2
  • Laundry Location: Garage
  • Estimated Sq Ft: 1754
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Vinyl Siding
  • Fencing: Full
  • Roof: Shingle

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway - Concrete
  • Garage Spaces: 2
  • Parking Spaces Total: 4

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Gas & Electric Dryer HU
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Community: SAN DIEGO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Assessor Parcel Number: 348-450-15-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2022
Closed on
Jun 28, 2022
Sold by
Erik G Helgeson Trust
Bought by
Palacios Daniel and Klubnick Jenna
Seller's Agent
Amber Anderson
Pacific Sotheby's Int'l Realty
Buyer's Agent
Lisa Florendo
eXp Realty of California, Inc.
List Price
$1,650,000
Sold Price
$1,450,000
Premium/Discount to List
-$200,000
-12.12%
Total Days on Market
29
Current Estimated Value
$1,661,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,013
Avg. Annual Appreciation
3.47%
Original Mortgage
$1,160,000
Outstanding Balance
$1,111,639
Interest Rate
5.1%
Mortgage Type
Balloon
Estimated Equity
$487,998

Purchase Details

Closed on
Jun 11, 2021
Sold by
Helgeson Erik
Bought by
Helgeson Erik G and Erik G Helgeson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2019
Closed on
Dec 20, 2019
Sold by
Padilla Benjamin N and Padilla Josephine I
Bought by
Helgeson Erik
Seller's Agent
Sophia Flores
Real Estate Connection
Buyer's Agent
Ryan Stein
Keller Williams La Jolla
List Price
$915,000
Sold Price
$870,000
Premium/Discount to List
-$45,000
-4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.99%
Original Mortgage
$696,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2005
Sold by
Padilla Benjamin N
Bought by
Padilla Benjamin N and Padilla Josephine I

Purchase Details

Closed on
Mar 3, 2003
Sold by
Padilla Josephine
Bought by
Padilla Benjamin N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2003
Sold by
Uranga Victor M
Bought by
Padilla Benjamin N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 1997
Sold by
Uranga Victor M
Bought by
Uranga Victor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,500
Interest Rate
7.66%

Purchase Details

Closed on
Jul 28, 1988

Purchase Details

Closed on
Sep 7, 1983

Range of Values:

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Average Value
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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
Palacios Daniel $1,450,000 Chicago Title
Helgeson Erik G -- None Available
Helgeson Erik $870,000 Corinthian Title Company
Padilla Benjamin N -- --
Padilla Benjamin N -- Fidelity National Title Co
Uranga Victor M -- Fidelity National Title Co
Padilla Benjamin N $555,000 Fidelity National Title Co
Uranga Victor M -- South Coast Title Company
-- $246,000 --
-- $151,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palacios Daniel $1,160,000
Previous Owner Helgeson Erik $690,000
Previous Owner Helgeson Erik $696,000
Previous Owner Padilla Benjamin N $127,754
Previous Owner Padilla Benjamin N $444,000
Previous Owner Uranga Victor M $200,500
Closed Padilla Benjamin N $55,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 Sold $1,450,000 -3.3% $827 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
06/13/2022 06/13/22 Price Changed $1,499,000 -6.3% $855 / Sq Ft
06/09/2022 06/09/22 Price Changed $1,599,000 -3.1% $912 / Sq Ft
05/23/2022 05/23/22 For Sale $1,650,000 +89.7% $941 / Sq Ft
01/13/2020 01/13/20 Sold $870,000 -4.9% $496 / Sq Ft
12/17/2019 12/17/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $915,000 -- $522 / 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
2024 $18,014 $1,471,000 $1,217,000 $254,000
2023 $16,401 $1,343,000 $1,111,000 $232,000
2022 $10,854 $896,592 $669,868 $226,724
2021 $10,778 $879,013 $656,734 $222,279
2020 $9,071 $734,952 $569,423 $165,529
2019 $8,910 $720,542 $558,258 $162,284
2018 $8,330 $706,414 $547,312 $159,102
2017 $7,868 $670,000 $517,000 $153,000
2016 $7,780 $660,000 $510,000 $150,000
2015 $7,664 $650,000 $503,000 $147,000
2014 $6,987 $590,000 $457,000 $133,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220012661

San Diego MLS

APN: 348-450-15