NOT LISTED FOR SALE

433 Velasco Ct La Mesa, CA 91941

Rancho Park Neighborhood

Estimated Value: $2,734,025 - $3,797,000

5 Beds
5.5 Baths
9,200 Sq Ft
$347/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $2,218,750 $241 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $20,166/month

92 Days on Market

Highlights

  • Pool and Spa
  • Panoramic View
  • Open Floorplan
  • Two Primary Bedrooms
  • 1.1 Acre Lot
  • Bluff on Lot

About This Home

As of July 2021

Who knew La Mesa has a palace! One expects the President and First Lady to greet you upon arrival. Located on the border of Mt. Helix and Rancho San Diego, this jaw-dropping residence features marble floors and fireplaces, stunning chandeliers, five apartment-sized master suites, spacious kitchen that can fit an army of chefs, elevator, wet bar, game room, pool, spa and dizzying panoramic views. Three wrought iron gates provide entry to the regal circular driveway anchored by a fountain, plenty of parking in the four-car garage. There is simply no other home like this Great Gatsby!

Last Listed By

Laura Lothian

eXp Realty of Southern California, Inc. License #01362585 Listed on: 03/02/2021

eXp Realty of Southern California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,827

Year Built

  • Built in 1993

Lot Details

  • 1.1 Acre Lot
  • Property Near a Canyon
  • Open Space
  • Cul-De-Sac
  • Gated Home
  • Wrought Iron Fence
  • Partially Fenced Property
  • Bluff on Lot
  • Corner Lot
  • Level Lot
  • Private Yard

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Colonial Architecture
  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 9,200 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Wet Bar
  • Dual Staircase
  • Wired For Data
  • Built-In Features
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Formal Entry
  • Family Room with Fireplace
  • 4 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Bonus Room
  • Interior Storage Closet
  • Walk-Out Basement
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Double Master Bedroom
  • Multi-Level Bedroom
  • Walk-In Closet
  • Bidet
  • Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Pool and Spa
  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Living Room Balcony
  • Slab Porch or Patio

Utilities

  • Zoned Heating and Cooling
  • Separate Water Meter
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 502-191-02-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,827

Year Built

Built in 1993

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Colonial
  • Residential Styles: Detached
  • Market Area: East County
  • Cross Street: Explorer Road
  • Neighborhood: Mount Helix/Rancho San Diego
  • Estimated Living Space: 7,500 to 9,999 SqFt
  • LP / Sq Ft: 258.15
  • Miscellaneous: Elevators/Stairclimber
  • Price Per Sq Ft: 241.17
  • SP/ Sq Ft: 241.17
  • Stories: 3 Story
  • Ownership: Fee Simple
  • Total Stories: 3
  • Year Built: 1993
  • 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: 2 Staircases, Balcony, Bar, Bathtub, Bidet, Built-Ins, Ceiling Fan, Granite Counters, High Ceilings (9 Feet+), Kitchen Island, Living Room Balcony, Open Floor Plan, Pantry, Recessed Lighting, Storage Space, Two Story Ceilings, Wet Bar, Cathedral-Vaulted Ceiling
  • Flooring: Carpet, Marble
  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Pool/Spa/Equipment, Range/Oven, Refrigerator, Washer
  • Elevator: Yes
  • Fireplaces: 4
  • Fireplace: Fp In Family Room, Fp In Living Room, Fp In Master Br, Master Retreat
  • Searchable Rooms: Basement, Bedroom Entry Level, Bonus Room, Breakfast Area, Den, Dining Area, Family Room, Formal Entry, Great Room, Master Bdrm 2, Master Retreat, MBR Entry Level, Walkout Basement, Kitchen, Living Room, Master Bedroom, Laundry, Master Bathroom, Multi-Level Bedroom, Walk-In Closet, Walk-In Pantry
  • Total Bedrooms: 5
  • Bedrooms: 5
  • Master Bedroom Dimensions: 37x28
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 9200
  • Total Bathrooms: 6

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Gate, Partial, Wrought Iron
  • Frontage: Canyon, Open Space
  • Patio: Balcony, Slab
  • Pool: Below Ground
  • Roof: Tile/Clay
  • Spa: Private w/Pool
  • View: Evening Lights, Mountains/Hills, Panoramic
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 4
  • Non Garage Parking: Circular Driveway
  • Garage Spaces: 6
  • Parking Spaces Total: 10

Utilities

  • Cooling: Central Forced Air, Zoned Area(s)
  • Laundry Utilities: Electric
  • Security: Wired for Alarm System
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Electric
  • Heating: Zoned Areas, Forced Air Unit
  • Heating Fuel: Electric
  • Telecommunications: Security, Wired High Speed Internet
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: MOUNT HELIX

Lot Info

  • Lot Size: 1+ to 2 AC
  • Site: Corner Lot, Cul-De-Sac, Street Paved
  • Topography: Bluff/Canyon Rim, Level
  • Assessor Parcel Number: 502-191-02-00
  • Estimated Lot Sq Ft: 48000
  • Estimated Number of Acres: 1.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2023
Sold by
Zillo Laith J
Bought by
Zillo Legend Trust
Total Days on Market
92
Current Estimated Value
$3,188,506

Purchase Details

Listed on
Mar 2, 2021
Closed on
Jun 23, 2021
Sold by
Appasa Rana
Bought by
Zillo Laith
Seller's Agent
Laura Lothian
eXp Realty of Southern California, Inc.
Buyer's Agent
Wesam Chill
LPT Realty, Inc.
List Price
$2,699,000
Sold Price
$2,218,750
Premium/Discount to List
-$480,250
-17.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%

Purchase Details

Listed on
Mar 2, 2021
Closed on
Jun 9, 2021
Sold by
Patel Vinodkumar Ramanlal and Patel Sangitaben V
Bought by
Zillo Laith
Seller's Agent
Laura Lothian
eXp Realty of Southern California, Inc.
Buyer's Agent
Wesam Chill
LPT Realty, Inc.
List Price
$2,699,000
Sold Price
$2,218,750
Premium/Discount to List
-$480,250
-17.79%

Purchase Details

Closed on
Sep 21, 1998
Sold by
Arabo Sabri P and Arabo Juliet
Bought by
Patel Vinodkumar R and Patel Sangitaben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
7.25%

Purchase Details

Closed on
Apr 21, 1986

Range of Values:

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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
Zillo Legend Trust -- --
Zillo Laith -- Guardian Title Company
Zillo Laith $2,219,000 Guardian Title Company
Patel Vinodkumar R $1,125,000 Stewart Title
-- $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zillo Legend Trust $1,468,900
Previous Owner Patel Vinodkumar Ramanial $570,000
Previous Owner Patel Vinodkumar Ramanlal $750,000
Previous Owner Patel Vinodkumar R $141,500
Previous Owner Patel Vinodkumar R $787,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $2,218,750 -6.6% $241 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
05/01/2021 05/01/21 Price Changed $2,375,000 -5.0% $258 / Sq Ft
03/23/2021 03/23/21 Price Changed $2,499,000 -7.4% $272 / Sq Ft
03/02/2021 03/02/21 For Sale $2,699,000 -- $293 / 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 $27,827 $2,308,387 $1,248,480 $1,059,907
2023 $27,109 $2,263,125 $1,224,000 $1,039,125
2022 $26,688 $2,218,750 $1,200,000 $1,018,750
2021 $19,738 $1,629,362 $217,239 $1,412,123
2020 $19,526 $1,612,656 $215,012 $1,397,644
2019 $19,285 $1,581,037 $210,797 $1,370,240
2018 $18,973 $1,550,037 $206,664 $1,343,373
2017 $593 $1,519,645 $202,612 $1,317,033
2016 $17,989 $1,489,849 $198,640 $1,291,209
2015 $17,891 $1,467,471 $195,657 $1,271,814
2014 $17,540 $1,438,726 $191,825 $1,246,901
Source: Public Records

Agents Affiliated with this Home

  • Laura Lothian

    Seller's Agent in 2021

    Laura Lothian

    eXp Realty of Southern California, Inc.

    (619) 540-7744

    3 in this area

    101 Total Sales

    Laura Lothian
    Section Image
  • Wesam Chill

    Buyer's Agent in 2021

    Wesam Chill

    LPT Realty, Inc.

    (619) 454-4492

    7 in this area

    32 Total Sales

    Wesam Chill
    Section Image
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Map

Source: San Diego MLS

MLS Number: 210005448

San Diego MLS

APN: 502-191-02

California San Diego County La Mesa 91941 Rancho Park

433 Velasco Ct, La Mesa, CA

Homes for Sale in La Mesa, CA

This home is located at 433 Velasco Ct, La Mesa, CA 91941 since 02 March 2021 and is currently estimated at $3,188,506, approximately $346 per square foot. This property was built in 1993. 433 Velasco Ct is a home located in San Diego County with nearby schools including Avocado Elementary School, Hillsdale Middle School, and Monte Vista High School.

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