NOT LISTED FOR SALE

4205 Panorama Dr La Mesa, CA 91941

Estimated Value: $1,016,284 - $1,143,000

4 Beds
2 Baths
2,128 Sq Ft
$514/Sq Ft Est. Value

Sale Details

Date Sold: June 2, 2020

Last sale price $560,000 $263 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $6,609 / mo

16 Days on Market

About This Home

As of June 2020

Opportunity. Nice size duplex on a nice size lot. Generous room sizes, hardwood floors throughout, private yard areas, patios, front porches and parking. Two car garage separates the two units. Lots of potential - just needs a new owner with some vision who is ready to invest in the future! Neighborhoods: La Mesa Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 4205 Unit # for Unit 2: 4207 Number of Furnished Units: 0 Topography: GSL

Last Agent to Sell the Property

Frank McLin

Heartland Real Estate License #00924501 Listed on: 04/15/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.54

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating Available
  • Gas Water Heater

Additional Features

  • 1-Story Property
  • 23,522 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 4994923900

Community Details

Overview

  • 2 Units
  • Rancho Mission

Building Details

  • Net Operating Income $24,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0.54 Acres

Listing Details

  • CapRate: 4.40
  • Park Name: Rancho Mission
  • Subdivision Name Other: La Mesa
  • View: No
  • Zoning: R-2
  • Property Type: Residential Income
  • Parcel Number: 4994923900
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Fence: No
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Electric

Lot Info

  • Lot Size: irreg
  • Lot Size Sq Ft: 23522.00
  • Lot Size Acres: 0.5000

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Scheduled Income: 34800.00
  • Lot Size Area: 23522.0000 Square Feet
  • Net Operating Income: 24800.00
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 1
  • Number With Refrigerator: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2020
Closed on
May 8, 2020
Sold by
Bought by
Seller's Agent
Frank McLin
Heartland Real Estate
Buyer's Agent
Frank McLin
Heartland Real Estate
List Price
$610,000
Sold Price
$560,000
Premium/Discount to List
-$50,000
-8.2%
Current Estimated Value
$1,094,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,571
Avg. Annual Appreciation
11.78%
Original Mortgage
$448,000
Outstanding Balance
$396,990
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$697,581

Purchase Details

Closed on
Feb 25, 2017
Sold by
Bought by

Purchase Details

Closed on
Jun 11, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
7.01%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$560,000 Ticor Title
-- None Available
-- Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $448,000
Previous Owner $119,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/02/2020 06/02/20 Sold $560,000 -8.2% $263 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $610,000 -- $287 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,435 $612,438 $387,878 $224,560
2024 $8,435 $600,430 $380,273 $220,157
2023 $8,187 $588,658 $372,817 $215,841
2022 $8,115 $577,116 $365,507 $211,609
2021 $8,049 $565,801 $358,341 $207,460
2020 $8,497 $612,000 $387,600 $224,400
2019 $3,761 $205,678 $106,649 $99,029
2018 $3,687 $201,646 $104,558 $97,088
2017 $3,614 $197,693 $102,508 $95,185
2016 $3,518 $193,818 $100,499 $93,319
2015 $3,408 $190,908 $98,990 $91,918
2014 $3,269 $187,169 $97,051 $90,118
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200017297

California Regional Multiple Listing Service (CRMLS)

APN: 499-492-39

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