NOT LISTED FOR SALE

3940 7th Ave Unit 118 San Diego, CA 92103

Hillcrest Neighborhood

Estimated Value: $600,000 - $682,000

-- Bed
1 Bath
916 Sq Ft
$717/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $600,000 $655 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,115/month

About This Home

As of November 2022

Amazing opportunity to lease an open loft unit with large exclusive use zen-like front patio and 2 parking spots close to your front door. Walk to all that Hillcrest has to offer. Within walking distance you will find a Whole Foods, Ralphs, Trader Joe's, the post office, a FedEx office, coffee, restaurants and nightlife. The Cable lofts were one of San Diego's first conversions into lofts. High ceilings, open floor plan and large doors/windows allow for a comfortable indoor/outdoor living experience.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Nov 15, 2022
Sold by
Hickman Louise
Bought by
Redlands Pride Llc
Seller's Agent
Linda Lee
Keller Williams Realty
Buyer's Agent
Baylen Fernandez
Keller Williams San Diego Metro
List Price
$675,000
Sold Price
$600,000
Premium/Discount to List
-$75,000
-11.11%
Views
31
Current Estimated Value
$656,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,907
Avg. Annual Appreciation
3.65%

Purchase Details

Listed on
Sep 4, 2014
Closed on
Sep 15, 2014
Sold by
Workman Kara
Bought by
Hickman Louise
Seller's Agent
Margie Divine
Pacific Pinnacle R.E. Services
Buyer's Agent
Linda Lee
Keller Williams Realty
List Price
$448,900
Sold Price
$440,000
Premium/Discount to List
-$8,900
-1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%

Purchase Details

Closed on
May 16, 2006
Sold by
Chin Michael and Dukes Amy
Bought by
Workman Kara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,400
Interest Rate
6.52%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 20, 2000
Sold by
Carpenter Christine C
Bought by
Chin Michael and Dukes Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
7.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 1997
Sold by
Hilltop Associates Llc
Bought by
Carpenter Christine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Redlands Pride Llc $600,000 First American Title
Hickman Louise $440,000 Corinthian Title
Workman Kara $478,000 Equity Title Co San Diego
Chin Michael $288,000 Chicago Title Co
Carpenter Christine C $150,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Workman Kara $382,400
Previous Owner Chin Michael $265,000
Previous Owner Chin Michael $50,000
Previous Owner Chin Michael $230,400
Previous Owner Carpenter Christine C $120,000
Closed Chin Michael $28,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2023 03/16/23 Rented $3,400,000 +99900.0% --
02/01/2023 02/01/23 Price Changed $3,400 -5.6% $4 / Sq Ft
12/19/2022 12/19/22 For Rent $3,600 0.0% --
11/30/2022 11/30/22 Sold $600,000 -11.1% $655 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $675,000 +53.4% $737 / Sq Ft
09/25/2014 09/25/14 Sold $440,000 -2.0% $479 / Sq Ft
09/13/2014 09/13/14 Pending -- -- --
09/03/2014 09/03/14 For Sale $448,900 -- $489 / Sq Ft

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 $7,548 $612,000 $408,000 $204,000
2023 $7,381 $600,000 $400,000 $200,000
2022 $6,092 $498,305 $328,430 $169,875
2021 $6,050 $488,536 $321,991 $166,545
2020 $5,977 $483,528 $318,690 $164,838
2019 $5,871 $474,048 $312,442 $161,606
2018 $5,489 $464,754 $306,316 $158,438
2017 $80 $455,642 $300,310 $155,332
2016 $5,274 $446,709 $294,422 $152,287
2015 $5,196 $440,000 $290,000 $150,000
2014 $3,742 $315,000 $158,000 $157,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jerry Parent

    LPT Realty,Inc

    (619) 517-0804

    3 Total Sales

    Jerry Parent
    Section Image
  • Linda Lee

    Seller's Agent in 2022

    Linda Lee

    Keller Williams Realty

    (858) 254-5399

    3 in this area

    144 Total Sales

    Linda Lee
    Section Image
  • Baylen Fernandez

    Buyer's Agent in 2022

    Baylen Fernandez

    Keller Williams San Diego Metro

    (619) 577-7767

    2 in this area

    17 Total Sales

    Baylen Fernandez
    Section Image

  • M

    Seller's Agent in 2014

    Margie Divine

    Pacific Pinnacle R.E. Services

See All Agents

Map

California San Diego County San Diego 92103 Hillcrest

3940 7th Ave Unit 118, San Diego, CA

This home is located at 3940 7th Ave Unit 118, San Diego, CA 92103 and is currently estimated at $656,907, approximately $717 per square foot. 3940 7th Ave Unit 118 is a home located in San Diego County with nearby schools including Florence Elementary School, Roosevelt International Middle School, and Museum School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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