NOT LISTED FOR SALE

4867-71 Palm Ave La Mesa, CA 91942

La Mesa Area
5 Beds
4 Baths
2,000 Sq Ft
7,570 Sq Ft Lot

Sale Details

Date Sold: July 15, 2021

Last sale price $906,000 $453 Per Sq Ft

5 Days on Market

Highlights

  • Partially Fenced Property
  • 4-minute walk to La Mesa Boulevard
  • Level Lot
  • La Mesa Arts Academy Rated 9+

About This Home

As of July 2021

3 bedroom 2bath house approx., sqft 1,100 with two 1bedroom apartments approx, sqft. 450 each above a detached 3 car garage and storage room. Close to downtown La Mesa Village & trolley. All units tenant occupied, month to month leases. Huge upside potential, current rents are below market and the property can use updating - Click Virtual Tour Link for Large Photos - Shown With Accepted Offer.

Last Agent to Sell the Property

Justin Chimento

Coastal Pacific Real Estate License #01313440 Listed on: 06/18/2021

Last Buyer's Agent

Twana Rasoul

Compass License #02026495

Compass
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Property Details

Home Type

  • Multi-Family

Lot Details

  • 7,570 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof
  • Stone Exterior Construction

Additional Features

  • 2-Story Property
  • Separate Water Meter

Community Details

  • 2 Buildings
  • 3 Units
  • Palm Community

Listing and Financial Details

  • Assessor Parcel Number 494-252-05-00

Property Details

Home Type

Multi-Family

Lot Details

7,570 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: University
  • Neighborhood: La Mesa
  • Stories: 2 Story
  • Sale Price List Price: 1.01
  • Total Stories: 2
  • Year Built: 9999
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stone
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property

Condo/Co-op/Association

  • Complex Name: Palm
  • Community: LA MESA

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Sidewalks, Street Paved
  • Topography: Level
  • Zoning: R-4:MULTIP
  • Additional Property Use: ORMKS
  • Assessor Parcel Number: 494-252-05-00
  • Estimated Lot Sq Ft: 7570
  • Estimated Number of Acres: 0.17
  • Map Code Column: J
  • Map Code Page: 1270
  • Map Code Row: 2

Multi Family

  • No. of Units: 3
  • Number Of Buildings: 2
  • Number Of Units With Dryers: 1
  • Number Of Units With Garage: 3
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jul 6, 2021
Sold by
Fox Clarence T and Fox Paula C
Bought by
Seller's Agent
Justin Chimento
Coastal Pacific Real Estate
Buyer's Agent
Twana Rasoul
Compass
List Price
$900,000
Sold Price
$906,000
Premium/Discount to List
$6,000
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,500
Outstanding Balance
$604,379
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$906,000 Chicago Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $679,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/15/2021 07/15/21 Sold $906,000 +0.7% $453 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $900,000 -- $450 / Sq Ft
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,316 $980,681 $649,458 $331,223
2025 $12,065 $961,453 $636,724 $324,729
2024 $12,065 $942,602 $624,240 $318,362
2023 $11,744 $924,120 $612,000 $312,120
2022 $11,639 $906,000 $600,000 $306,000
2021 $3,884 $251,061 $94,140 $156,921
2020 $3,734 $248,487 $93,175 $155,312
2019 $3,525 $243,616 $91,349 $152,267
2018 $3,447 $238,840 $89,558 $149,282
2017 $3,378 $234,157 $87,802 $146,355
2016 $3,300 $229,567 $86,081 $143,486
2015 $3,638 $226,119 $84,788 $141,331
2014 $3,649 $221,691 $83,128 $138,563
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210016967

San Diego MLS
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