NOT LISTED FOR SALE

4502-4504 Melisa Way San Diego, CA 92117

Bay Ho Neighborhood

Estimated Value: $1,729,000 - $1,817,761

5 Beds
3.5 Baths
2,713 Sq Ft
$647/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $1,315,000 $485 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $10,442/month

5 Days on Market

Highlights

  • Attached Guest House
  • All Bedrooms Downstairs
  • Fireplace in Kitchen
  • Marston Middle School Rated A-
  • City Lights View
  • Deck

About This Home

As of March 2021

Panoramic westerly views to Mt Soledad from this unique multi-unit BayHo gem! House has a gorgeous new kitchen plus appliances, counters, lighting, floors and bathrooms. Fabulous oversized canyon view lot, with permitted ADU. Added bonus studio/office & full bathroom, xtra 465 sf, plus separate entrances. New Roof and Paint too! Enjoy ocean breezes and evening lights from several charming patios, view deck or from your huge lush backyard. Room for a pool, added fruit trees or vegetable gardens. Great opportunity for lucrative income possibilities,1031/fast close is ok. Plenty space for work and relaxation, 10min to Mission Bay, beaches, shopping and I-5. Meticulously maintained over the past several years. House and ADU all one level. Studio’s is off lower garden level. Recent combined income of ADU & Studio, $2700 per month, higher potential is possible. Many great upgrades, new windows in lower unit, blinds and kitchenette including updated landscaping. New perimeter fencing and roof as well as entire property painted inside and out. This is an amazing property providing living spaces with a whole new meaning! Have your home office, living and relaxation plus added income all in one fabulous property. Get ready to live in desirable and central BayHo, a wonderful neighborhood close to beautiful beaches, parks and Sea World.

Last Agent to Sell the Property

Sylvia Bendelstein

Berkshire Hathaway HomeServices California Properties License #00958370 Listed on: 03/04/2021

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Monroe Herington

eXp Realty of California Inc License #01930053

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,098

Year Built

  • Built in 1956

Lot Details

  • 8,095 Sq Ft Lot
  • Property Near a Canyon
  • Property is Fully Fenced
  • Irrigation

Parking

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

Property Views

  • City Lights
  • Mountain
  • Valley

Home Design

  • Additions or Alterations
  • Composition Roof
  • Shake Siding
  • Stucco Exterior

Interior Spaces

  • 2,713 Sq Ft Home
  • Awning
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Den with Fireplace
  • Bonus Room with Fireplace
  • Game Room with Fireplace
  • Utility Room
  • Home Gym

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Built-In Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Outdoor Fireplace

Additional Homes

  • Attached Guest House
  • Fireplace in Guest House

Utilities

  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Community Details

Listing and Financial Details

  • Assessor Parcel Number 359-385-04-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,098

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Property Condition: Additions/Alterations
  • Market Area: Metro
  • Cross Street: Jappa
  • Neighborhood: BayHo
  • Supplement: Meticulously maintained over the past several years. House and ADU all one level. Studio’s is off lower garden level. Recent combined income of ADU & Studio, $2700 per month, higher potential is possible. Many great upgrades, new windows in lower unit, blinds and kitchenette including updated landscaping. New perimeter fencing and roof as well as entire property painted inside and out. This is an amazing property providing living spaces with a whole new meaning! Have your home office, living and relaxation plus added income all in one fabulous property. Get ready to live in desirable and central BayHo, a wonderful neighborhood close to beautiful beaches, parks and Sea World.
  • LP / Sq Ft: 464.06
  • Price Per Sq Ft: 484.7
  • SP/ Sq Ft: 484.7
  • Ownership: Fee Simple
  • Year Built: 1956
  • 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

  • Flooring: Laminate, Linoleum/Vinyl
  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Refrigerator, Washer, Built In Range, Free Standing Range, Gas Oven, Gas Range, Counter Top, Gas Cooking
  • Fireplaces: 1
  • Fireplace: Fp In Living Room, Patio/Outdoors, Bonus Room, Den, Game Room, Guest House, Kitchen
  • Searchable Rooms: Bonus Room, Breakfast Area, Den, Dining Area, Exercise Room, Family Room, Optional Bedrooms, Utility Room, Kitchen, Living Room, All Bedrooms Down, Walk-In Closet
  • Total Bedrooms: 5
  • Bedrooms: 5
  • Master Bedroom Dimensions: 14x18
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Laundry Location: Garage, Laundry Room
  • Estimated Sq Ft: 2713
  • Total Bathrooms: 4

Exterior Features

  • Exterior Material: Stucco, Shake Siding
  • Fencing: Full
  • Guest House: Attached
  • Patio: Awning/Porch Covered, Deck, Patio, Patio Open
  • Roof: Composition
  • View: Evening Lights, Mountains/Hills, Valley/Canyon

Garage/Parking

  • Garage Details: Attached, Garage Door Opener
  • Garage Spaces: 2
  • Non Garage Parking: Driveway, Off Street
  • Parking Spaces Total: 4

Utilities

  • Laundry Utilities: Electric, Gas
  • Security: Security Lights, Smoke Detector, Carbon Monoxide Detectors
  • Sewer/Septic: Public Sewer
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heating: Fireplace, Forced Air Unit
  • Heating Fuel: Natural Gas
  • Utilities: Cable Available

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Units In Building: 3
  • Community: CLAIREMONT

Lot Info

  • Irrigation: Manual
  • Lot Size: 7,500-10,889 SF
  • Topography: Canyon/Valley
  • Assessor Parcel Number: 359-385-04-00
  • Estimated Lot Sq Ft: 8095

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Mar 22, 2021
Sold by
Bay Ho M W Llc
Bought by
Maxwell Bruce and Houston Maxwell Heather
Seller's Agent
Sylvia Bendelstein
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Monroe Herington
eXp Realty of California Inc
List Price
$1,259,000
Sold Price
$1,315,000
Premium/Discount to List
$56,000
4.45%
Current Estimated Value
$1,754,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,690
Avg. Annual Appreciation
6.44%
Original Mortgage
$1,052,000
Outstanding Balance
$943,522
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$811,168

Purchase Details

Closed on
Nov 4, 2016
Sold by
Bendelstein Julian and Bendelstein Sylvia
Bought by
Bayho Mw Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 7, 2016
Sold by
Melisa Way Llc
Bought by
Bendelstein Julian and Bendelstein Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 7, 2012
Sold by
Callas Donna Sue
Bought by
Melisa Way Llc

Purchase Details

Closed on
Oct 10, 2011
Sold by
Kaplan Steven A
Bought by
Callas Donna Sue

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
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 1994
Sold by
Byars Virginia M June and Herzog Virginia Madonna
Bought by
Byars Houston Earl and Byars Virginia M June
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Maxwell Bruce $1,315,000 California Title Company
Bayho Mw Llc -- None Available
Bendelstein Julian $725,000 Ticor Title Co San Diego
Melisa Way Llc -- None Available
Callas Donna Sue $549,000 Chicago Title Co
Byars Houston Earl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maxwell Bruce $1,052,000
Previous Owner Bendelstein Julian $521,000
Previous Owner Callas Donna Sue $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2021 03/26/21 Sold $1,315,000 +4.4% $485 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $1,259,000 -- $464 / 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 $15,098 $1,423,397 $974,188 $449,209
2024 $15,098 $1,395,488 $955,087 $440,401
2023 $14,830 $1,368,126 $936,360 $431,766
2022 $16,271 $1,341,300 $918,000 $423,300
2021 $9,612 $777,343 $509,734 $267,609
2020 $9,495 $769,373 $504,508 $264,865
2019 $9,326 $754,288 $494,616 $259,672
2018 $8,719 $739,499 $484,918 $254,581
2017 $8,512 $725,000 $475,410 $249,590
2016 $6,870 $582,509 $381,973 $200,536
2015 $6,769 $573,760 $376,236 $197,524
2014 $6,663 $562,522 $368,867 $193,655
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210005632

San Diego MLS

APN: 359-385-04