NOT LISTED FOR SALE

4242 Summit Dr La Mesa, CA 91941

Estimated Value: $1,411,000 - $1,585,808

5 Beds
3.5 Baths
3,488 Sq Ft
$429/Sq Ft Est. Value

Last Sold February 22, 2021

Last sale price $1,081,000 $310 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $9,024/month

3 Days on Market

Highlights

  • Attached Guest House
  • Sauna
  • Panoramic View
  • In Ground Pool
  • Two Primary Bedrooms
  • Custom Home

About This Home

As of February 2021

“The Money Maker Home" has a "Rental Unit" that pays you back each month. Rental is a 1 Bed, 1 Bath plus Den/Office and is currently rented for $1450 (can be much more). Unit is aprox. 600 sq. ft and is “Extremely Private”. Unit has private laundry, yard and entry. You will never see them. You can walk to Downtown La Mesa / Village in 10 Minutes from this TOP OF THE MOUNTIAN HOME, home is just 2 homes away from the "La Mesa Secret Stairs" This Hidden gem on Mt. Nebo is in the highly desirable private Windsor Hills neighborhood. This Custom-Built Home offers 270 degrees of breathtaking views. The 2-story open floor plan includes 5 bedrooms 3 ½ baths. There is an oversized 2 car garage with Vaulted Ceilings. This home has one of the largest Family Rooms and Game Rooms in La Mesa. This home has hosted parties of over 150 guests. The 60 foot long balcony that runs the entire length of the home, is known as the outside hallway. This is a once in a lifetime rare opportunity to own this unique, one-of-a-kind Mid-Century modern home. Wake up “above the clouds “ to panoramic views from your own master retreat. The Oversized 48” Red Front Door featuring a Custom Stained-Glass Peacock leads you to an open floor plan and high vaulted wood-beamed ceilings and a view that never ends. The constantly changing view during the daytime is tough to compare to the sparking lights that twinkle at night. The Sun sets behind Catalina Island as you eat dinner from the dining room table. The Morning Sunrise that first peeks its light behind the Continuous Eastern Mountain Range is perfect with a hot cup of coffee or Tea and warm steaming Muffins. It is challenging to decide what view is most satisfying, when they are all so unique and different every day. Entertain in your downstairs game room that steps out to a backyard full of adventure. There is pool and a jacuzzi and a yard with custom stonework throughout the entertaining area. Artificial grass has been installed for a water saving environment. There is over 300 feet of white picket fences throughout the entire pool and backyard levels. The Backyard consist of over 15 different types of mature fruit trees. Enjoy a swim in the pool on hot days while picking fresh Apples, Oranges, Pears, Pomegranates, Figs, Lemons, Limes, Nectarines, Peaches, Grapefruits, Blueberries, Apricots, Loquats and so much more. There is also 1 Citrus Fruit Salad Tree and 1 Plum/Apricot Fruit Salad Tree. A Fruit Salad Tree is a tree that has grows 5 Different Type of Fruit. We have carefully grafted 5 different types of Fruit branches onto one tree. One tree will provide 5 different varieties of fruit. Just walk around the tree and pick your own Fruit Salad from your our Citrus and Plum/Apricot Salad Trees. SECURITY This home has a complete Z-Wave Home Automation System, Smart lighting, Climate control, Combination Door Locks, Complete Smart Ring Alarm System, 8 Smart Ring Alarm Cameras. Home also Features over 40 Motion Activated Solar Lights.

Last Agent to Sell the Property

Michael Ippolito

Steven G Fraioli & Associates License #01921077 Listed on: 01/08/2021

Last Buyer's Agent

Celeste Dunn

Compass License #01397840

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 9,545 Sq Ft Lot
  • Gated Home
  • Partially Fenced Property
  • Corner Lot
  • Gentle Sloping Lot
  • Private Yard

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Property Views

  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Custom Home
  • Entry on the 2nd floor
  • Tar and Gravel Roof
  • Wood Siding
  • Block Exterior
  • Stucco Exterior

Interior Spaces

  • 3,488 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Storage Room
  • Sauna

Kitchen

  • Double Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Maid or Guest Quarters

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Eco-Friendly Details

  • Sprinklers on Timer

Pool

  • In Ground Pool
  • In Ground Spa
  • Gas Heated Pool
  • Waterfall Pool Feature
  • Fence Around Pool
  • Pool Equipment or Cover

Outdoor Features

  • Balcony
  • Concrete Porch or Patio

Additional Homes

  • Attached Guest House
  • 600 SF Accessory Dwelling Unit

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 470-680-28-00

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Custom Built
  • Residential Styles: Detached
  • Market Area: East County
  • Cross Street: Eastridge
  • Neighborhood: Windsor Hills
  • Supplement: This Hidden gem on Mt. Nebo is in the highly desirable private Windsor Hills neighborhood. This Custom-Built Home offers 270 degrees of breathtaking views. The 2-story open floor plan includes 5 bedrooms 3 ½ baths. There is an oversized 2 car garage with Vaulted Ceilings. This home has one of the largest Family Rooms and Game Rooms in La Mesa. This home has hosted parties of over 150 guests. The 60 foot long balcony that runs the entire length of the home, is known as the outside hallway. This is a once in a lifetime rare opportunity to own this unique, one-of-a-kind Mid-Century modern home. Wake up “above the clouds “ to panoramic views from your own master retreat. The Oversized 48” Red Front Door featuring a Custom Stained-Glass Peacock leads you to an open floor plan and high vaulted wood-beamed ceilings and a view that never ends. The constantly changing view during the daytime is tough to compare to the sparking lights that twinkle at night. The Sun sets behind Catalina Island as you eat dinner from the dining room table. The Morning Sunrise that first peeks its light behind the Continuous Eastern Mountain Range is perfect with a hot cup of coffee or Tea and warm steaming Muffins. It is challenging to decide what view is most satisfying, when they are all so unique and different every day. Entertain in your downstairs game room that steps out to a backyard full of adventure. There is pool and a jacuzzi and a yard with custom stonework throughout the entertaining area. Artificial grass has been installed for a water saving environment. There is over 300 feet of white picket fences throughout the entire pool and backyard levels. The Backyard consist of over 15 different types of mature fruit trees. Enjoy a swim in the pool on hot days while picking fresh Apples, Oranges, Pears, Pomegranates, Figs, Lemons, Limes, Nectarines, Peaches, Grapefruits, Blueberries, Apricots, Loquats and so much more. There is also 1 Citrus Fruit Salad Tree and 1 Plum/Apricot Fruit Salad Tree. A Fruit Salad Tree is a tree that has grows 5 Different Type of Fruit. We have carefully grafted 5 different types of Fruit branches onto one tree. One tree will provide 5 different varieties of fruit. Just walk around the tree and pick your own Fruit Salad from your our Citrus and Plum/Apricot Salad Trees. SECURITY This home has a complete Z-Wave Home Automation System, Smart lighting, Climate control, Combination Door Locks, Complete Smart Ring Alarm System, 8 Smart Ring Alarm Cameras. Home also Features over 40 Motion Activated Solar Lights.
  • LP / Sq Ft: 314.79
  • Price Per Sq Ft: 309.92
  • Residential Unit Location: Detached
  • SP/ Sq Ft: 309.92
  • Stories: 2 Story
  • Stories In Building: 2
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1963
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Beamed Ceilings
  • Flooring: Carpet, Wood
  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Pool/Spa/Equipment, Refrigerator, Washer, Double Oven, Counter Top, Electric Cooking
  • Fireplaces: 1
  • Fireplace: Fp In Family Room
  • Searchable Rooms: Bedroom Entry Level, Bonus Room, Dining Area, Dining Room/Separate, Family Room, Great Room, Guest Maid, Master Bdrm 2, MBR Entry Level, Office, Sauna/Steam, Storage Room
  • Total Bedrooms: 5
  • Bedrooms: 5
  • Master Bedroom Dimensions: 15x13
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Laundry Location: Garage
  • Estimated Sq Ft: 3488
  • Total Bathrooms: 4

Exterior Features

  • Exterior Material: Block, Stucco, Wood
  • Fencing: Gate, Partial
  • Guest House: Attached
  • Patio: Balcony, Concrete
  • Pool: Below Ground, Fenced, Waterfall
  • Pool Heat: Gas
  • Roof: Rock/Gravel
  • Spa: Private Below Ground
  • Spa Heat: Gas
  • View: City, Evening Lights, Mountains/Hills, Panoramic, City Lights
  • Exclusive Use Yard: Yes
  • Guest House Sq Ft: 600

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway, Street
  • Parking Spaces Total: 5

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected

Association/Amenities

  • Entry Level Building: 2
  • Entry Level Unit: 2

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: LA MESA

Lot Info

  • Irrigation: Automatic, Drip
  • Lot Size: 7,500-10,889 SF
  • Site: Corner Lot
  • Topography: Slope Gentle
  • Assessor Parcel Number: 470-680-28-00
  • Estimated Lot Sq Ft: 9545
  • Other Structures: Guest House Attached

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Feb 9, 2021
Sold by
Ippolito Christopher
Bought by
Young Andrew and Young Chalese
Seller's Agent
Michael Ippolito
Steven G Fraioli & Associates
Buyer's Agent
Celeste Dunn
Compass
List Price
$1,098,000
Sold Price
$1,081,000
Premium/Discount to List
-$17,000
-1.55%
Current Estimated Value
$1,497,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,202
Avg. Annual Appreciation
6.95%
Original Mortgage
$864,800
Outstanding Balance
$769,238
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$727,964

Purchase Details

Listed on
Jan 8, 2021
Closed on
Feb 8, 2021
Sold by
Ippolito Patricia M
Bought by
Ippolito Christopher
Seller's Agent
Michael Ippolito
Steven G Fraioli & Associates
Buyer's Agent
Celeste Dunn
Compass
List Price
$1,098,000
Sold Price
$1,081,000
Premium/Discount to List
-$17,000
-1.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$864,800
Outstanding Balance
$769,238
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$727,964

Purchase Details

Listed on
Jan 8, 2021
Closed on
Feb 2, 2021
Sold by
Ippolito Galina
Bought by
Ippolito Christopher
Seller's Agent
Michael Ippolito
Steven G Fraioli & Associates
Buyer's Agent
Celeste Dunn
Compass
List Price
$1,098,000
Sold Price
$1,081,000
Premium/Discount to List
-$17,000
-1.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$864,800
Outstanding Balance
$769,238
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$727,964

Purchase Details

Closed on
Jul 27, 2010
Sold by
Talley Nathan W and Talley Merrilee
Bought by
Ippolito Christopher and Ippolito Victor A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2009
Sold by
Talley Merrilee and Talley Nathan W
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Aug 27, 2004
Sold by
Kennedy Eamon and Louise Riley M
Bought by
Talley Nathan W and Talley Merrilee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,400
Interest Rate
3.8%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 16, 2003
Sold by
Kennedy Eamon and Riley Louise
Bought by
Kennedy Eamon and Louise Riley M

Purchase Details

Closed on
Sep 20, 1999
Sold by
Leonard Fred N and Leonard Tina R
Bought by
Kennedy Eamon and Riley Louise

Purchase Details

Closed on
Aug 31, 1987
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Young Andrew $1,081,000 Corinthian Title Company
Ippolito Christopher -- Corinthian Title Company
Ippolito Christopher -- Corinthian Title Company
Ippolito Christopher $550,000 First American Title
Hsbc Bank Usa National Association $635,000 Accommodation
Talley Nathan W $850,000 Southland Title
Kennedy Eamon -- --
Kennedy Eamon $371,000 Southland Title
-- $188,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Andrew $864,800
Previous Owner Ippolito Christopher $350,000
Previous Owner Talley Nathan W $680,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2021 02/22/21 Sold $1,081,000 -1.5% $310 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $1,098,000 -- $315 / 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
2025 $14,433 $1,170,108 $541,216 $628,892
2024 $14,433 $1,147,165 $530,604 $616,561
2023 $14,061 $1,124,672 $520,200 $604,472
2022 $13,920 $681,864 $268,743 $413,121
2021 $8,921 $681,864 $268,743 $413,121
2020 $8,760 $674,873 $265,988 $408,885
2019 $8,600 $661,641 $260,773 $400,868
2018 $8,406 $648,668 $255,660 $393,008
2017 $7,904 $607,144 $220,780 $386,364
2016 $7,624 $595,240 $216,451 $378,789
2015 $7,485 $586,300 $213,200 $373,100
2014 $7,292 $574,816 $209,024 $365,792
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210000526

San Diego MLS

APN: 470-680-28