NOT LISTED FOR SALE

Estimated Value: $872,000 - $1,578,000

0.15 Acre
$7,722,627 Price per Acre
6,534 Sq Ft Lot

Last Sold December 13, 2021

Last sale price $660,000 $944 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $7,074/month

13 Days on Market

About This Lot

As of December 2021

Ready to build your dream home, this lot is ready to build with alley access. It has water, sewer, and electricity available on the lot. Close to all amenities and public transportation. Currently zoned for residential RM 1:1. Zoning and lot information must be confirmed with the City of San Diego Zoning Department.

Last Agent to Sell the Property

Cindy Knox

Knox & Associates License #01769097 Listed on: 11/03/2021

Last Buyer's Agent

Seth Robinson

Keller Williams La Jolla License #01928232

Keller Williams La Jolla

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,694

Lot Details

  • 6,534 Sq Ft Lot
  • Property fronts an alley
  • Density is up to 1 Unit/Acre
  • Property is zoned Currently Zoned RM1:1, Zoning Designation: RM-1-1 Jurisdiction: City of San Diego The purpose of the RM zones is to provide for multiple dwelling unit development at varying densities. RM-1-1 permits a maximum density of 1 dwelling unit for each 3,000 square feet of lot area

Additional Features

  • Urban Location
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4473830700

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$11,694

Lot Details

0

Listing Details

  • Possible Use: Buyer to verify, Residential
  • Possible Use Comments: Currently the parcel is adjacent to a residential two on one lot to the south and to the north there is a multifamily complex. There are no zone changes anticipated for this lot and it is zoned as RM1:1 according to the City of San Diego Zoning code.
  • Road Frontage Type: City Street, Alley
  • Road Surface Type: Alley Paved, Paved
  • View: No
  • Zoning: Currently Zoned RM1:1
  • Zoning Description: Zoning Designation: RM-1-1 Jurisdiction: City of San Diego The purpose of the RM zones is to provide for multiple dwelling unit development at varying densities. RM-1-1 permits a maximum density of 1 dwelling unit for each 3,000 square feet of lot area
  • Property Type: Land
  • Parcel Number: 4473830700
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 101.01

Utilities

  • Utilities: Cable Available, Electricity Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Water Well: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 48'x146'x48'x147' frontage: 48' rear alley: 48' N side: 146' S side: 147'
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Multi Family

  • Lot Size Area: 0.1500 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2023
Sold by
Develop Llc
Bought by
2017 Neder Family Trust and Cross Family Trust
Current Estimated Value
$1,158,394

Purchase Details

Closed on
Jan 25, 2023
Sold by
Donjascorlee Llc
Bought by
Develop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 3, 2021
Closed on
Nov 22, 2021
Sold by
Cornelius James M and Estate Of Susan K Wells
Bought by
First Sovereign Capital Inc
Seller's Agent
Cindy Knox
Knox & Associates
Buyer's Agent
Seth Robinson
Keller Williams La Jolla
List Price
$600,000
Sold Price
$660,000
Premium/Discount to List
$60,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.31%

Purchase Details

Closed on
Sep 30, 2006
Sold by
Wells Susan K
Bought by
Wells Susan K

Purchase Details

Closed on
Apr 7, 1998
Sold by
Wells Howard F and Wells Sally H
Bought by
Wells Howard Francis and Wells Sally Halvarda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2017 Neder Family Trust $950,000 Fidelity National Title
Develop Llc $675,000 First American Title
Donjascorlee Llc -- First American Title
First Sovereign Capital Inc $660,000 First American Title Co Hsd
Wells Susan K -- None Available
Wells Howard Francis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Develop Llc $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2021 12/13/21 Sold $660,000 +10.0% $944 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $600,000 -- $858 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,694 $969,000 $969,000 --
2024 $11,694 $950,000 $950,000 --
2023 $8,274 $673,200 $673,200 $0
2022 $8,055 $660,000 $660,000 $0
2021 $486 $37,288 $36,253 $1,035
2020 $480 $36,907 $35,882 $1,025
2019 $472 $36,184 $35,179 $1,005
2018 $443 $35,476 $34,490 $986
2017 $433 $34,781 $33,814 $967
2016 $426 $34,100 $33,151 $949
2015 $420 $33,589 $32,654 $935
2014 $414 $32,932 $32,015 $917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2107667

California Regional Multiple Listing Service (CRMLS)

APN: 447-383-07