NOT LISTED FOR SALE

389 Shady Ln El Cajon, CA 92021

Estimated Value: $462,000 - $528,000

2 Beds
2.5 Baths
1,050 Sq Ft
$340/mo HOA Fee

Last Sold February 05, 2019

Last sale price $278,500 $265 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,347/month

152 Days on Market

Highlights

  • 1 Car Detached Garage
  • Galley Kitchen
  • Level Lot
  • Enclosed Patio or Porch
  • Dining Area

About This Home

As of February 2019

BACK ON MARKET--no fault of home! Single family home feel, inviting, well maintained 2 bed, 2.5 bath 1000+SF. A charm at just under $300K!. End-unit in gated community. Boasting central AC, open bright floor plan, striking marble fireplace, rich oak cabinets, large enclosed private patio, balcony off master bedroom, downstairs bathroom with pedestal sink, upstairs indoor laundry space, one car GARAGE plus one assigned space and visitor parking. Near various shopping, restaurants, and schools! Your last chance to purchase quality and charm just under $300K! This lovely home is perfect for first time buyers and families just starting to grow! Centrally located, it is near all various shopping, dining, schools and churches. Wells Park is also nearby; a favorite for walkers, joggers and kids alike. The last unit that sold from here was over 3 years ago so folks come and they stay! Grow your money through home ownership! This area of El Cajon is projected to increase in price 6.7% next year and rents for approx $1184/mo!

Last Agent to Sell the Property

Colleen Moore

Thank You Heroes Realty License #01249845 Listed on: 08/18/2018

Co-Listed By

Lynn Fixter

Thank You Heroes Realty License #01952750

Last Buyer's Agent

Melody Easter

Live Love San Diego Homes License #01700422

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,272

Year Built

  • Built in 1981

Lot Details

  • 0.49

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,050 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Galley Kitchen
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 489-162-22-10

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, limited insurance, roof maintenance, termite, trash pickup, water
  • 10 Units
  • Sdhoa Association, Phone Number (858) 227-4220
  • Shady Lane Townhomes Community

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,272

Year Built

Built in 1981

Lot Details

0

HOA Fees

$340 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: East County
  • Cross Street: E. Madison Ave
  • Neighborhood: El Cajon
  • Supplement: Your last chance to purchase quality and charm just under $300K! This lovely home is perfect for first time buyers and families just starting to grow! Centrally located, it is near all various shopping, dining, schools and churches. Wells Park is also nearby; a favorite for walkers, joggers and kids alike. The last unit that sold from here was over 3 years ago so folks come and they stay! Grow your money through home ownership! This area of El Cajon is projected to increase in price 6.7% next year and rents for approx $1184/mo!
  • LP / Sq Ft: 275.24
  • Price Per Sq Ft: 265.24
  • SP/ Sq Ft: 265.24
  • Stories: 2 Story
  • Stories In Building: 2
  • Ownership: Condominium
  • Total Stories: 2
  • Year Built: 1981
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Dryer, Garage Door Opener, Refrigerator, Washer, Electric Cooking
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Searchable Rooms: Dining Area, Living Room, Master Bedroom, All Bedrooms Up, Galley Kitchen, Master Bathroom
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 12x11
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Laundry Location: On Upper Level
  • Estimated Sq Ft: 1050
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Patio: Enclosed, Patio
  • Roof: Composition

Garage/Parking

  • Garage Details: Assigned, Detached, Garage
  • Garage Spaces: 1
  • Non Garage Parking: Assigned, Parking Space
  • Garage Spaces: 1
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Gas & Electric Dryer HU
  • Sewer/Septic: Sewer Connected
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: Shady Lane Townhomes
  • Total Fees: 4080.0
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 10
  • Total Number of Units: 10
  • Community: EL CAJON
  • Home Owner Association: SDHOA
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Limited Insurance, Roof Maintenance, Termite, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 340.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-227-4220

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 1

Fee Information

  • Total Monthly Fees: 340

Lot Info

  • Lot Size: .25 to .5 AC
  • Topography: Level
  • Assessor Parcel Number: 489-162-22-10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2022
Sold by
Banks Jeremiah N
Bought by
Valdes Candece Judi-Marie
Current Estimated Value
$487,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,580
Outstanding Balance
$450,387
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$14,578

Purchase Details

Closed on
Nov 21, 2019
Sold by
Banks Jeremiah Nathaniel
Bought by
Banks Jeremiah N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,744
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Listed on
Aug 18, 2018
Closed on
Jan 23, 2019
Sold by
Henkel Michael and Henkel Amanda M
Bought by
Banks Jeremiah Nathaniel
Seller's Agent
Colleen Moore
Thank You Heroes Realty
Buyer's Agent
Melody Easter
Live Love San Diego Homes
List Price
$289,000
Sold Price
$278,500
Premium/Discount to List
-$10,500
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Original Mortgage
$284,487
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Closed on
Jul 22, 2004
Sold by
Montoya Martin G and Montoya Johanna
Bought by
Henkel Michael and Henkel Amanda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
4%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 18, 2001
Sold by
Reed Robert L and Reed Maribel A
Bought by
Montoya Martin G and Montoya Johanna

Purchase Details

Closed on
Jan 4, 2001
Sold by
Neighborhood Improvement Team Llc
Bought by
Montoya Martin G and Montoya Johanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,300
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 15, 2000
Sold by
Neighborhood Improvement Team Llc
Bought by
Shady Lane Townhouse Assn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,300
Interest Rate
7.08%
Mortgage Type
FHA
Source: Public Records

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
Valdes Candece Judi-Marie $460,000 First American Title
Banks Jeremiah N -- Chicago Title Company
Banks Jeremiah Nathaniel $278,500 Ticor Title San Diego
Henkel Michael $280,000 Chicago Title Co
Montoya Martin G -- Old Republic Title Company
Montoya Martin G $135,500 Old Republic Title Company
Shady Lane Townhouse Assn -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valdes Candece Judi-Marie $470,580
Previous Owner Banks Jeremiah N $299,305
Previous Owner Banks Jeremiah N $294,744
Previous Owner Banks Jeremiah Nathaniel $284,487
Previous Owner Henkel Michael $225,600
Previous Owner Henkel Michael $196,000
Previous Owner Montoya Martin G $146,600
Previous Owner Montoya Martin G $131,300
Closed Henkel Michael $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2019 02/05/19 Sold $278,500 -3.6% $265 / Sq Ft
01/18/2019 01/18/19 Pending -- -- --
01/07/2019 01/07/19 Price Changed $289,000 0.0% $275 / Sq Ft
01/07/2019 01/07/19 For Sale $289,000 +3.8% $275 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
11/19/2018 11/19/18 For Sale $278,500 0.0% $265 / Sq Ft
11/18/2018 11/18/18 Off Market $278,500 -- --
11/14/2018 11/14/18 Price Changed $278,500 -0.2% $265 / Sq Ft
10/15/2018 10/15/18 Price Changed $279,000 -3.6% $266 / Sq Ft
09/27/2018 09/27/18 For Sale $289,500 +3.9% $276 / Sq Ft
09/19/2018 09/19/18 Off Market $278,500 -- --
09/11/2018 09/11/18 For Sale $290,500 0.0% $277 / Sq Ft
09/07/2018 09/07/18 Pending -- -- --
09/02/2018 09/02/18 Price Changed $290,500 -1.7% $277 / Sq Ft
08/18/2018 08/18/18 For Sale $295,500 -- $281 / 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 $4,272 $478,583 $298,412 $180,171
2024 $4,272 $469,200 $292,561 $176,639
2023 $5,932 $432,000 $269,000 $163,000
2022 $4,031 $292,751 $182,540 $110,211
2021 $3,876 $287,011 $178,961 $108,050
2020 $3,466 $284,069 $177,126 $106,943
2019 $3,137 $255,000 $159,000 $96,000
2018 $3,147 $255,000 $159,000 $96,000
2017 $30 $220,000 $138,000 $82,000
2016 $2,502 $205,000 $129,000 $76,000
2015 $2,345 $190,000 $120,000 $70,000
2014 $2,102 $170,000 $108,000 $62,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Colleen Moore

    Thank You Heroes Realty

    (619) 370-7389

    125 Total Sales

    Colleen Moore
    Section Image

  • L

    Seller Co-Listing Agent in 2019

    Lynn Fixter

    Thank You Heroes Realty

    Section Image

  • M

    Buyer's Agent in 2019

    Melody Easter

    Live Love San Diego Homes

    Section Image
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Map

Source: San Diego MLS

MLS Number: 180046240

San Diego MLS

APN: 489-162-22-10

California San Diego County El Cajon 92021

389 Shady Ln, El Cajon, CA

This home is located at 389 Shady Ln, El Cajon, CA 92021 since 18 August 2018 and is currently estimated at $487,359, approximately $464 per square foot. This property was built in 1981. 389 Shady Ln is a home located in San Diego County with nearby schools including Lexington Elementary School, Cajon Valley Middle School, and El Cajon Valley High School.

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