NOT LISTED FOR SALE

4240 Menlo Ave Unit 11 San Diego, CA 92115

Teralta East Neighborhood

Estimated Value: $365,000 - $421,498

1 Bed
1 Bath
663 Sq Ft
$276/mo HOA Fee

Last Sold November 02, 2022

Last sale price $385,000 $581 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,932/month

6 Days on Market

Highlights

  • Gated Community
  • Family Room
  • Dining Area
  • Laundry Room
  • Gated Home
  • Level Lot

About This Home

As of November 2022

Welcome to this beautifully remodeled home on Menlo Ave. Light and bright, this home boasts LVP flooring throughout, brand new kitchen in the timeless white design with all appliances included! The spacious living and dining room have access to the homes balcony. The large master bedroom also has private access to the balcony with a fully renovated bathroom, a roomy walk-in closet, and private washer/dryer! There is one assigned parking spot, with easy access to the 15 freeway, and down the street from everything El Cajon Blvd has to offer!

Last Agent to Sell the Property

Carolina Shamshoum

TXR Homes, Inc. License #02101931 Listed on: 10/06/2022

Last Buyer's Agent

Lyn Alberts

SFARMLS License #812959

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,859

Year Built

  • Built in 1982

Lot Details

  • Gated Home

HOA Fees

  • $276 Monthly HOA Fees

Home Design

  • Stucco Exterior

Interior Spaces

  • 663 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Dining Area

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer

Parking

  • 1 Parking Space
  • Assigned Parking

Listing and Financial Details

  • Assessor Parcel Number 471-311-15-11

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, limited insurance
  • 27 Units
  • Nexis HOA, Phone Number (619) 359-3457
  • Menlo Ave Condos Community

Pet Policy

  • Breed Restrictions

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,859

Year Built

Built in 1982

Lot Details

0

HOA Fees

$276 per month

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Metro Uptown
  • Cross Street: El Cajon Blvd
  • Neighborhood: San Diego
  • LP / Sq Ft: 571.64
  • Price Per Sq Ft: 580.69
  • SP/ Sq Ft: 580.69
  • Stories: 1 Story
  • Stories In Building: 3
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Microwave, Refrigerator
  • Elevator: Yes
  • Searchable Rooms: Dining Area, Family Room
  • Total Bedrooms: 1
  • Bedrooms: 1
  • Master Bedroom Dimensions: 13x12
  • Full Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 663
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Gate

Garage/Parking

  • Garage Details: Assigned
  • Non Garage Parking: Assigned
  • Garage Spaces: 1
  • Parking Spaces Total: 1

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: Menlo Ave Condos
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 27
  • Total Number of Units: 27
  • Community: SAN DIEGO
  • Complex Features: Gated Community, Pet Restrictions
  • Home Owner Association: Nexis HOA
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Limited Insurance
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 276.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619-359-3457

Association/Amenities

  • Entry Level Unit: 2

Fee Information

  • Total Monthly Fees: 276

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 471-311-15-11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Oct 20, 2022
Sold by
Pyre Llc
Bought by
Magoffin Barbara
Seller's Agent
Carolina Shamshoum
TXR Homes, Inc.
Buyer's Agent
Lyn Alberts
SFARMLS
List Price
$379,000
Sold Price
$385,000
Premium/Discount to List
$6,000
1.58%
Total Days on Market
6
Current Estimated Value
$401,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,125
Avg. Annual Appreciation
1.52%
Original Mortgage
$334,950
Outstanding Balance
$325,810
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$74,573

Purchase Details

Closed on
Jul 25, 2022
Sold by
Hinton Living Trust
Bought by
Pyre Llc

Purchase Details

Closed on
Feb 23, 2022
Sold by
Hinton Faytreeon A
Bought by
Hinton Living Trust

Purchase Details

Closed on
Aug 17, 2003
Sold by
Hinton Faytreeon A and Simpson Faytereon A
Bought by
Hinton Faytreeon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2001
Sold by
Penn John E and Penn Barbara J
Bought by
Simpson Faytreeon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,200
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 14, 1990

Purchase Details

Closed on
Jun 23, 1987
Source: Public Records

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Range of Values:

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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
Magoffin Barbara $385,000 Lawyers Title
Pyre Llc $277,500 Lawyers Title
Hinton Living Trust -- Law Offices Of Brianna Bocian
Hinton Faytreeon A -- Chicago Title Co
Hinton Faytreeon A -- Chicago Title Co
Simpson Faytreeon A $60,000 American Title Ins Co
-- $45,500 --
-- $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magoffin Barbara $334,950
Previous Owner Hinton Faytreeon A $158,011
Previous Owner Hinton Faytreeon A $159,200
Previous Owner Hinton Faytreeon A $43,200
Previous Owner Hinton James $74,000
Previous Owner Hinton Faytreeon A $35,000
Previous Owner Hinton Faytreeon A $14,000
Previous Owner Hinton Faytreeon A $101,500
Previous Owner Simpson Faytreeon A $58,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2022 11/02/22 Sold $385,000 +1.6% $581 / Sq Ft
10/13/2022 10/13/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $379,000 -- $572 / Sq Ft
Source: San Diego MLS

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 $4,859 $392,699 $155,006 $237,693
2023 $4,752 $385,000 $151,967 $233,033
2022 $1,070 $85,174 $33,620 $51,554
2021 $1,063 $83,505 $32,961 $50,544
2020 $1,051 $82,650 $32,624 $50,026
2019 $1,033 $81,031 $31,985 $49,046
2018 $967 $79,443 $31,358 $48,085
2017 $82 $77,887 $30,744 $47,143
2016 $929 $76,361 $30,142 $46,219
2015 $915 $75,215 $29,690 $45,525
2014 $902 $73,743 $29,109 $44,634
Source: Public Records

Agents Affiliated with this Home

  • Carolina Shamshoum

    Seller's Agent in 2022

    Carolina Shamshoum

    TXR Homes, Inc.

    (619) 799-8289

    1 in this area

    10 Total Sales

    Section Image

  • L

    Buyer's Agent in 2022

    Lyn Alberts

    SFARMLS

  • Suzanne Coleman

    Buyer's Agent in 2022

    Suzanne Coleman

    Big Block Realty, Inc

    (619) 206-2784

    1 in this area

    55 Total Sales

    Suzanne Coleman
    Section Image
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Map

Source: San Diego MLS

MLS Number: 220025286

San Diego MLS

APN: 471-311-15-11

California San Diego County San Diego 92115 Teralta East

4240 Menlo Ave Unit 11, San Diego, CA

This home is located at 4240 Menlo Ave Unit 11, San Diego, CA 92115 since 06 October 2022 and is currently estimated at $401,125, approximately $605 per square foot. This property was built in 1982. 4240 Menlo Ave Unit 11 is a home located in San Diego County with nearby schools including Euclid Elementary School, Mann Middle School, and Crawford High School.

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