NOT LISTED FOR SALE

4611 Palm Ave Unit 15 La Mesa, CA 91941

Estimated Value: $1,015,000 - $1,360,000

5 Beds
4 Baths
3,325 Sq Ft
$369/Sq Ft Est. Value

Last Sold January 11, 2013

Last sale price $505,000 $152 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $7,539/month

25 Days on Market

About This Home

As of January 2013

This is a great rental property , front house is a charmer with fireplace , oak flooring , large 2 bed . Back house is two story , garages on bottom with 1 unpermitted 1 bed , 1 bath unit . Large 1,700 sq/ft unit on top with views of La Mesa .

Last Agent to Sell the Property

Charles Knoepfli

Property Connection License #01386147 Listed on: 09/17/2012

Co-Listed By

Patrick Kruse

Guardian Realty License #01113554

Last Buyer's Agent

Patrick Kruse

Guardian Realty License #01113554

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,146

Year Built

  • 1935

Lot Details

  • 6,970

Home Design

  • Composition Roof

Additional Features

  • 2-Story Property
  • Property is Fully Fenced
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 494-442-11-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,146

Year Built

1935

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: East County
  • Cross Street: Lemon
  • Neighborhood: La Mesa
  • Stories: 2 Story
  • Sale Price List Price: 1.13
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1935

Exterior Features

  • Fencing: Full
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water Heater Type: Electric, Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: LA MESA

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Water District: HELIX WATER DISTRICT
  • Assessor Parcel Number: 494-442-11-00
  • Land Use Code: R4

Multi Family

  • No. of Units: 3
  • Gross Sched Income Actual: 52200
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Fireplaces: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2025
Sold by
Murphy Gerald S
Bought by
Gerald Murphy 2025 Living Trust and Murphy
Total Days on Market
25
Current Estimated Value
$1,226,837

Purchase Details

Listed on
Sep 17, 2012
Closed on
Jan 10, 2013
Sold by
The Kasitz Family Limited Partnership 3
Bought by
Murphy Gerald S
Seller's Agent
Charles Knoepfli
Property Connection
Buyer's Agent
Patrick Kruse
Guardian Realty
List Price
$445,000
Sold Price
$505,000
Premium/Discount to List
$60,000
13.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%
Original Mortgage
$362,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2011
Sold by
Kasitz Lawrence A
Bought by
The Kasitz Family Limited Partnership 3

Purchase Details

Closed on
Dec 26, 2007
Sold by
Bostwick Michael
Bought by
Bostwick Carol

Purchase Details

Closed on
Jun 9, 2006
Sold by
The Kasitz Family Lp
Bought by
Kasitz Lawrence A and Kasitz Kathleen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,250
Interest Rate
7.28%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 19, 2002
Sold by
Kasitz Mildred L
Bought by
Kasitz Family Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.8%

Purchase Details

Closed on
Oct 20, 1999
Sold by
Rogers Living Trust 05-16-90 and Tonie K
Bought by
Kasitz Family Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,500
Interest Rate
7.68%
Mortgage Type
Seller Take Back
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
Gerald Murphy 2025 Living Trust -- None Listed On Document
Murphy Gerald S $505,000 Lawyers Title Company
The Kasitz Family Limited Partnership 3 -- None Available
Bostwick Carol -- Fidelity National Title Co
Kasitz Lawrence A -- Chicago Title Co
Kasitz Family Ltd Partnership -- Fidelity National Title Co
Kasitz Mildred L -- Fidelity National Title Co
Kasitz Family Ltd Partnership $365,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Gerald S $362,000
Previous Owner Kasitz Lawrence A $497,250
Previous Owner Kasitz Mildred L $320,000
Previous Owner Kasitz Family Ltd Partnership $255,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2013 01/11/13 Sold $505,000 +13.5% $152 / Sq Ft
10/08/2012 10/08/12 Pending -- -- --
09/13/2012 09/13/12 For Sale $445,000 -- $134 / 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 $8,146 $609,665 $339,240 $270,425
2023 $7,887 $597,712 $332,589 $265,123
2022 $7,769 $585,993 $326,068 $259,925
2021 $7,652 $574,504 $319,675 $254,829
2020 $7,467 $568,615 $316,398 $252,217
2019 $7,355 $557,467 $310,195 $247,272
2018 $7,231 $546,537 $304,113 $242,424
2017 $7,063 $535,821 $298,150 $237,671
2016 $6,787 $525,315 $292,304 $233,011
2015 $6,676 $517,425 $287,914 $229,511
2014 $6,489 $507,291 $282,275 $225,016
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 120047080

San Diego MLS

APN: 494-442-11