A
Seller's Agent in 2025
Aaron Marcusmillichap
Marcus & Millichap
(858) 945-7094
1 in this area
48 Total Sales
3973 8th Ave San Diego, CA 92103
Hillcrest Neighborhood
3
Beds
1
Bath
1,135
Sq Ft
4,498
Sq Ft Lot
Highlights
- Solar Power System
- Finished Attic
- Great Room
- Wood Flooring
- Bonus Room
- Private Yard
About This Home
As of April 2021RARE mixed-use development opportunity in the heart of Hillcrest. Location second to none, steps from Better Buzz Coffee & Whole Foods Market and a short walk to Balboa Park. Preliminary findings suggest the ability to build 10+ residential units PLUS commercial space. Potential for increased density achieved through affordable housing / average size of 600sf density bonuses. This property is a clean slate with no permits in process; ready for a developer to design and build their ideal project. See attached brochure. Paid solar. 6 parking spaces accessed from alley. Tremendous development potential!
Last Agent to Sell the Property
Define Real Estate License #02026109 Listed on: 05/10/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,881
Year Built
- Built in 1930
Lot Details
- 4,498 Sq Ft Lot
- Gated Home
- Wrought Iron Fence
- Property is Fully Fenced
- Wood Fence
- Level Lot
- Private Yard
- Property is zoned COMMERCIAL
Home Design
- Composition Roof
- Stone Exterior Construction
Interior Spaces
- 1,135 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- Great Room
- Living Room
- Bonus Room
- Finished Attic
- Laundry in unit
Kitchen
- Oven or Range
- Built-In Range
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Parking
- 6 Parking Spaces
- Unassigned Parking
Additional Features
- Solar Power System
- Separate Water Meter
Community Details
- The community has rules related to allowing live work
Listing and Financial Details
- Assessor Parcel Number 444-690-04-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 28, 2020
Closed on
Mar 18, 2021
Sold by
8Th Avenue Group Llc
Bought by
Sterne Wood Llc
Seller's Agent
Daniel Fefferman
Define Real Estate
Buyer's Agent
Christamaria Ormsby
Hacienda Realty
List Price
$3,100,000
Sold Price
$3,000,000
Premium/Discount to List
-$100,000
-3.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.41%
Original Mortgage
$3,150,000
Outstanding Balance
$2,845,713
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
-$692,436
Purchase Details
Listed on
Sep 9, 2019
Closed on
Aug 29, 2019
Sold by
Korn Jeffrey D and Korn Sheila S
Bought by
8Th Avenue Group Llc
Seller's Agent
Teresa Vo
VO Properties & Investments
Buyer's Agent
Teresa Vo
VO Properties & Investments
Sold Price
$2,975
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
99.43%
Original Mortgage
$812,000
Interest Rate
3.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 22, 2010
Sold by
Korn Jeffrey D and Korn Sheila S
Bought by
Korn Jeffrey D and Korn Sheila S
Purchase Details
Closed on
Sep 5, 2006
Sold by
Hargrave Ken and Hargrave Patricia
Bought by
Korn Jeffrey D and Korn Sheila S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,800
Interest Rate
6.56%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 4, 2006
Sold by
Hargrave Ken and Hargrave Patricia
Bought by
Hargrave Ken and Hargrave Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,800
Interest Rate
6.56%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 12, 2005
Sold by
Hargrave Patricia
Bought by
Hargrave Ken and Hargrave Patricia
Purchase Details
Closed on
Aug 5, 2003
Sold by
Mansolilli Misty D
Bought by
Hargrave Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,500
Interest Rate
6.99%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 1, 2000
Sold by
Mansolilli Ronald
Bought by
Mansolilli Misty D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
8.19%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 28, 2000
Sold by
Swjt Gray Janette and Karel Guardado
Bought by
Mansolilli Misty D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
8.19%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 6, 1996
Sold by
Mournian Anthony and Mournian Susan
Bought by
Gray Janette and Guardado Karel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
6.98%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,600,000 | Wfg Title Co Of Ca San Diego | |
| Grant Deed | $1,015,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $578,000 | California Title Company | |
| Interfamily Deed Transfer | -- | California Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $455,000 | New Century Title Company | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Co | |
| Grant Deed | $310,000 | Commonwealth Land Title Co | |
| Grant Deed | $142,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | New Conventional | |
| Open | $3,150,000 | Commercial | |
| Previous Owner | $812,000 | Commercial | |
| Previous Owner | $450,000 | Commercial | |
| Previous Owner | $57,800 | Commercial | |
| Previous Owner | $462,400 | Purchase Money Mortgage | |
| Previous Owner | $57,800 | Stand Alone Second | |
| Previous Owner | $340,000 | Commercial | |
| Previous Owner | $318,500 | Commercial | |
| Previous Owner | $14,000 | Commercial | |
| Previous Owner | $292,200 | Commercial | |
| Previous Owner | $279,000 | Commercial | |
| Previous Owner | $113,600 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | For Sale | $1,800,000 | 0.0% | $1,586 / Sq Ft |
| 02/26/2023 02/26/23 | Rented | $4,500 | 0.0% | -- |
| 02/23/2023 02/23/23 | Under Contract | -- | -- | -- |
| 01/31/2023 01/31/23 | Price Changed | $4,500 | -8.2% | $4 / Sq Ft |
| 12/16/2022 12/16/22 | Price Changed | $4,900 | -12.5% | $4 / Sq Ft |
| 12/02/2022 12/02/22 | For Rent | $5,600 | 0.0% | -- |
| 04/01/2021 04/01/21 | Sold | $3,000,000 | -3.2% | $2,643 / Sq Ft |
| 02/05/2021 02/05/21 | Pending | -- | -- | -- |
| 09/28/2020 09/28/20 | For Sale | $3,100,000 | 0.0% | $2,731 / Sq Ft |
| 09/15/2019 09/15/19 | Rented | $2,975,000 | +99900.0% | -- |
| 09/09/2019 09/09/19 | For Rent | $2,975 | 0.0% | -- |
| 09/06/2019 09/06/19 | Sold | $1,015,000 | -5.9% | $894 / Sq Ft |
| 05/24/2019 05/24/19 | Pending | -- | -- | -- |
| 05/10/2019 05/10/19 | For Sale | $1,079,000 | -- | $951 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
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 | $20,881 | $1,731,889 | $1,650,708 | $81,181 |
| 2024 | $20,881 | $1,697,932 | $1,618,342 | $79,590 |
| 2023 | $20,422 | $1,664,640 | $1,586,610 | $78,030 |
| 2022 | $19,880 | $1,632,000 | $1,555,500 | $76,500 |
| 2021 | $12,665 | $1,025,515 | $959,842 | $65,673 |
| 2020 | $12,511 | $1,015,000 | $950,000 | $65,000 |
| 2019 | $8,581 | $694,194 | $600,519 | $93,675 |
| 2018 | $8,023 | $680,584 | $588,745 | $91,839 |
| 2017 | $7,833 | $667,240 | $577,201 | $90,039 |
| 2016 | $7,709 | $654,158 | $565,884 | $88,274 |
| 2015 | $7,595 | $644,333 | $557,384 | $86,949 |
| 2014 | $7,475 | $631,712 | $546,466 | $85,246 |
Source: Public Records
Agents Affiliated with this Home
-
Aaron Marcusmillichap
-
Christamaria Ormsby
Seller's Agent in 2023
Christamaria Ormsby
Hacienda Realty
(619) 417-4493
3 in this area
19 Total Sales
-
Daniel Fefferman
Seller's Agent in 2021
Daniel Fefferman
Define Real Estate
(619) 733-9038
6 in this area
81 Total Sales
-
Marc Lipschitz
Seller Co-Listing Agent in 2021
Marc Lipschitz
Compass
(619) 857-2882
3 in this area
17 Total Sales
-
Teresa Vo
Seller's Agent in 2019
Teresa Vo
VO Properties & Investments
(858) 864-8118
5 in this area
31 Total Sales
-
Marianne Tabner
Buyer's Agent in 2019
Marianne Tabner
Salas Properties
(978) 621-8028
2 Total Sales
Map
Source: San Diego MLS
MLS Number: 190025630
APN: 444-690-04
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