NOT LISTED FOR SALE

4585 68th St La Mesa, CA 91942

Estimated Value: $720,401 - $818,000

3 Beds
1 Bath
-- Sq Ft
5,227 Sq Ft Lot

Last Sold April 03, 2013

Last sale price $265,000

Est. 193% increase in value since last sale

Current estimated payment $4,691/month

150 Days on Market

Highlights

  • 1-Story Property
  • La Mesa Arts Academy Rated A-
  • Partially Fenced Property

About This Home

As of April 2013

Beautiful 2 unit attached-duplex located in the Rolando neighborhood of western La Mesa. Property features a 2 bed, 1 bathroom unit in the front and a 1 bedroom, 1 bathroom unit in the back. Additionally, this property's location between El Cajon Blvd. and University Ave. makes local shopping very convenient! This property has so much to offer... please come and see for yourself! Although this property shows as a SFR in the tax record, it is a technically a duplex. 4585 is a 2 bed, 1 bath, and 4585 1/2 is a 1 bed, 1 bath.

Last Agent to Sell the Property

Paul Hervieux

Keller Williams Realty License #01874325 Listed on: 10/04/2012

Keller Williams Realty

Last Buyer's Agent

Richard Woods

Woods Real Estate Services Inc License #01412706

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,333

Year Built

  • 1940

Lot Details

  • 5,227

Home Design

  • Composition Roof

Additional Features

  • 1-Story Property
  • Partially Fenced Property

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 468-493-04-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,333

Year Built

1940

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: East County
  • Cross Street: Alamo Way
  • Neighborhood: La Mesa
  • Supplement: Although this property shows as a SFR in the tax record, it is a technically a duplex. 4585 is a 2 bed, 1 bath, and 4585 1/2 is a 1 bed, 1 bath.
  • Stories: 1 Story
  • Sale Price List Price: 1.06
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Exterior Features

  • Fencing: Partial
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected

Condo/Co-op/Association

  • Community: LA MESA

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 468-493-04-00
  • Land Use Code: R1

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2012
Closed on
Apr 1, 2013
Sold by
Boyd Elaine
Bought by
Wertis Catherine
Seller's Agent
Paul Hervieux
Keller Williams Realty
Buyer's Agent
Richard Woods
Woods Real Estate Services Inc
List Price
$249,000
Sold Price
$265,000
Premium/Discount to List
$16,000
6.43%
Current Estimated Value
$777,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,350
Avg. Annual Appreciation
8.77%
Original Mortgage
$251,750
Outstanding Balance
$181,887
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$558,504

Purchase Details

Listed on
Oct 4, 2012
Closed on
Feb 28, 2013
Sold by
George Elizabeth A
Bought by
Wertis Catherine
Seller's Agent
Paul Hervieux
Keller Williams Realty
Buyer's Agent
Richard Woods
Woods Real Estate Services Inc
List Price
$249,000
Sold Price
$265,000
Premium/Discount to List
$16,000
6.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Outstanding Balance
$181,887
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$558,504

Purchase Details

Closed on
Nov 6, 2012
Sold by
Morris Lori
Bought by
George Elizabeth A

Purchase Details

Closed on
Jul 7, 2009
Sold by
George Elizabeth A
Bought by
George Elizabeth A

Purchase Details

Closed on
Jul 6, 2007
Sold by
Emerald Holdings Inc
Bought by
George Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2007
Sold by
Cale Steve R and Cale Macrina V
Bought by
Emerald Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2006
Sold by
Cale Steven Ross
Bought by
Cale Steven R and Cale Macrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,500
Interest Rate
9.09%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 28, 2005
Sold by
Cale Macrina
Bought by
Cale Steve Ross

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Wertis Catherine -- Fidelity National Title
Wertis Catherine $265,000 Fidelity National Title
George Elizabeth A -- Fidelity National Title
George Elizabeth A -- Fidelity National Title
George Elizabeth A -- None Available
George Elizabeth A $380,000 California Title Company
Emerald Holdings Inc $306,000 None Available
Cale Steven R -- Chicago Title Co
Cale Steve Ross -- Commonwealth Title
Cale Steve Ross $450,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wertis Catherine $251,750
Previous Owner George Elizabeth A $361,000
Previous Owner Cale Steven R $467,500
Previous Owner Cale Steve Ross $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2013 04/03/13 Sold $265,000 +6.4% --
02/25/2013 02/25/13 Pending -- -- --
09/28/2012 09/28/12 For Sale $249,000 -- --
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 $4,333 $319,919 $226,673 $93,246
2023 $4,211 $313,647 $222,229 $91,418
2022 $4,211 $307,498 $217,872 $89,626
2021 $4,162 $301,469 $213,600 $87,869
2020 $4,058 $298,379 $211,410 $86,969
2019 $4,087 $292,529 $207,265 $85,264
2018 $4,075 $286,794 $203,201 $83,593
2017 $50 $281,171 $199,217 $81,954
2016 $3,873 $275,659 $195,311 $80,348
2015 $3,867 $271,520 $192,378 $79,142
2014 $3,743 $266,202 $188,610 $77,592
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 120050233

San Diego MLS

APN: 468-493-04