Seller's Agent in 2021
Laura Lothian
eXp Realty of Southern California, Inc.
(619) 540-7744
3 in this area
100 Total Sales
433 Velasco Ct La Mesa, CA 91941
Rancho Park NeighborhoodEstimated Value: $2,812,594 - $3,898,000
5
Beds
5.5
Baths
9,200
Sq Ft
$340/Sq Ft
Est. Value
Highlights
- Pool and Spa
- Panoramic View
- Open Floorplan
- Two Primary Bedrooms
- 1.1 Acre Lot
- Bluff on Lot
About This Home
As of July 2021Who 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 Agent to Sell the Property
eXp Realty of Southern California, Inc. License #01362585 Listed on: 03/02/2021
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
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
Current Estimated Value
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
8.51%
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| 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
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 | $27,827 | $2,354,554 | $1,273,449 | $1,081,105 |
| 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
-
Wesam Chill
Buyer's Agent in 2021
Wesam Chill
LPT Realty, Inc.
(619) 454-4492
7 in this area
31 Total Sales
Map
Source: San Diego MLS
MLS Number: 210005448
APN: 502-191-02
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