M
Seller's Agent in 2023
Mercedes Mendiola Erdmann
Vertical Horizon Real Estate
(619) 651-5953
11 Total Sales
4003 Paula St La Mesa, CA 91941
Estimated Value: $1,099,000 - $1,385,000
5
Beds
4.5
Baths
2,331
Sq Ft
$554/Sq Ft
Est. Value
Highlights
- Detached Guest House
- Forced Air Heating and Cooling System
- Gated Home
- Private Yard
- 2 Car Garage
- ADU includes 2 Bedrooms and 1 Bathroom
About This Home
As of October 2023This extraordinary offering includes not one but 2 detached homes with separate addresses, entrances and services. Good opportunity for multi-generational living, rental income, or an unmatched investment opportunity. PAULA 4003 is 1287sqft, step inside the FULLY RENOVATED (in 2021) 3 bedroom, 2 bathroom home and be instantly captivated by its inviting atmosphere. The open floor plan seamlessly connects the living, dining, and kitchen areas, creating a harmonious space for relaxation and entertaining. The thoughtfully designed interior features high-end finishes, including hardwood flooring, recessed lighting, and stylish fixtures throughout. The gourmet kitchen is a chef's delight, complete with sleek countertops, ample cabinetry, and a suite of top-of-the-line stainless steel appliances. 7132 HOFFMAN is a fully permitted 1,044 sqft NEWLY CONSTRUCTED (2021). With 2 bedrooms and 2.5 bathrooms. Washer and dryer, private garage and patio. This fantastic addition offers a remarkable opportunity for extended family members, a private office, or a legal rental unit. This ADU provides ample space for comfortable living. The bright and airy layout showcases an abundance of natural light, creating a warm and welcoming ambiance. With separate entrances and individual outdoor spaces, both residences provide privacy and independence for all occupants. Whether you're seeking a spacious home with rental potential or an income-generating investment. 7132 Hoffman is the address of the 2nd unit
Last Agent to Sell the Property
Vertical Horizon Real Estate License #02091001 Listed on: 07/04/2023
Home Details
Home Type
- Single Family
Year Built
- Built in 1970
Lot Details
- Gated Home
- Wood Fence
- Level Lot
- Private Yard
Parking
- 2 Car Garage
- Garage Door Opener
- Driveway
Home Design
- Shingle Roof
- Wood Siding
Interior Spaces
- 2,331 Sq Ft Home
- 1-Story Property
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Additional Homes
- Detached Guest House
- 1,044 SF Accessory Dwelling Unit
- Number of ADU Units: 1
- ADU built in 2021
- ADU includes 2 Bedrooms and 1 Bathroom
- Kitchen Sink
- Range Cooktop
- Stove
- Separate access to accessory dwelling unit
- Entrance to ADU on street level
- ADU includes parking
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Separate Water Meter
Community Details
Listing and Financial Details
- Assessor Parcel Number 474-312-11-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 4, 2023
Closed on
Oct 6, 2023
Sold by
Socal Realty Holdings Llc
Bought by
Young Andy Lu and Young Jason
Seller's Agent
Mercedes Mendiola Erdmann
Vertical Horizon Real Estate
Buyer's Agent
Carlos Pedroncelli
Keller Williams Realty
List Price
$1,400,000
Sold Price
$1,250,000
Premium/Discount to List
-$150,000
-10.71%
Views
426
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,855
Avg. Annual Appreciation
1.49%
Original Mortgage
$725,000
Outstanding Balance
$710,246
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$581,609
Purchase Details
Listed on
Jul 4, 2023
Closed on
Oct 2, 2023
Sold by
Young Amy
Bought by
Young Jason
Seller's Agent
Mercedes Mendiola Erdmann
Vertical Horizon Real Estate
Buyer's Agent
Carlos Pedroncelli
Keller Williams Realty
List Price
$1,400,000
Sold Price
$1,250,000
Premium/Discount to List
-$150,000
-10.71%
Views
426
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Outstanding Balance
$710,246
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$581,609
Purchase Details
Listed on
Nov 12, 2020
Closed on
Feb 25, 2021
Sold by
Frawley Michael T and Frawley Karen K
Bought by
Socal Realty Holdings Llc
Seller's Agent
Jim Goodridge
J.G Real Estate
Buyer's Agent
Ruben Rodriguez
Coldwell Banker West
List Price
$651,900
Sold Price
$630,000
Premium/Discount to List
-$21,900
-3.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.15%
Purchase Details
Closed on
Mar 13, 2015
Sold by
Frawley Michael T and Frawley Karen K
Bought by
Frawley Michael T and Frawley Karen K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
3.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 22, 2000
Sold by
Karyn Thatcher and Karyn K
Bought by
Frawley Michael T and Frawley Karyn K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,264
Interest Rate
8.38%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Young Andy Lu | $1,250,000 | First American Title | |
| Young Jason | -- | First American Title | |
| Socal Realty Holdings Llc | $630,000 | First American Title Company | |
| Frawley Michael T | -- | First American Title | |
| Frawley Michael T | -- | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Young Andy Lu | $725,000 | |
| Previous Owner | Frawley Michael T | $303,750 | |
| Previous Owner | Frawley Michael T | $98,264 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/13/2023 10/13/23 | Sold | $1,250,000 | -1.6% | $536 / Sq Ft | |
| 09/11/2023 09/11/23 | Pending | -- | -- | -- | |
| 09/03/2023 09/03/23 | Price Changed | $1,270,000 | -9.3% | $545 / Sq Ft | |
| 07/27/2023 07/27/23 | For Sale | $1,400,000 | +12.0% | $601 / Sq Ft | |
| 07/10/2023 07/10/23 | Off Market | $1,250,000 | -- | -- | |
| 07/04/2023 07/04/23 | For Sale | $1,400,000 | +122.2% | $601 / Sq Ft | |
| 03/08/2021 03/08/21 | Sold | $630,000 | -3.4% | $490 / Sq Ft | View Prior Sale |
| 02/12/2021 02/12/21 | Pending | -- | -- | -- | |
| 11/12/2020 11/12/20 | For Sale | $651,900 | -- | $507 / 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 | $15,888 | $1,275,000 | $612,000 | $663,000 |
| 2024 | $15,888 | $1,250,000 | $600,000 | $650,000 |
| 2023 | $10,895 | $845,170 | $223,547 | $621,623 |
| 2022 | $8,501 | $642,599 | $219,164 | $423,435 |
| 2021 | $3,138 | $210,146 | $71,672 | $138,474 |
| 2020 | $3,091 | $207,993 | $70,938 | $137,055 |
| 2019 | $3,008 | $203,916 | $69,548 | $134,368 |
| 2018 | $2,962 | $199,919 | $68,185 | $131,734 |
| 2017 | $2,938 | $196,000 | $66,849 | $129,151 |
| 2016 | $2,897 | $192,158 | $65,539 | $126,619 |
| 2015 | $2,902 | $189,273 | $64,555 | $124,718 |
| 2014 | $2,820 | $185,566 | $63,291 | $122,275 |
Source: Public Records
Agents Affiliated with this Home
-
Mercedes Mendiola Erdmann
-
Carlos Pedroncelli
Buyer's Agent in 2023
Carlos Pedroncelli
Keller Williams Realty
(619) 289-7441
16 Total Sales
-
Jim Goodridge
J
Seller's Agent in 2021
Jim Goodridge
J.G Real Estate
(619) 540-6526
1 Total Sale
-
Ruben Rodriguez
Buyer's Agent in 2021
Ruben Rodriguez
Coldwell Banker West
(619) 261-9814
65 Total Sales
-
H
Buyer's Agent in 2021
Heng Wu
Far East Realty
Map
Source: San Diego MLS
MLS Number: 230012740
APN: 474-312-11
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