NOT LISTED FOR SALE

Estimated Value: $1,007,000 - $1,349,580

0.25 Acre
$4,814,436 Price per Acre
10,999 Sq Ft Lot

Last Sold November 21, 2023

Last sale price $1,250,000 $869 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,733/month

10 Days on Market

Highlights

  • Golf Course Community
  • City Lights View
  • Property is near a park
  • Fishing
  • Community Lake
  • Corner Lot

About This Lot

As of November 2023

Rare and desirable development site located in sought-after "College East" submarket of San Diego. This corner parcel is approx. 11,000 SF and is flat and free of any existing improvements. Zoned RM-1-1 with Transit Priority Area and Transit Area Overlay Zones, preliminary plans envision a three-story multifamily structure tentatively consisting of 10 to 12 units with proposed unit mix consisting of (11) 2bed+1.5bath (860 SF) units and (1) Ground Floor Unit used as a laundry/parcel/meter room, but a buyer may re-work the layout to their own liking. In-depth project summary including floorplan sketches, survey, topographic map and financial analysis is available upon request. Subject site is extremely well-located and within minutes to SDSU, Mission Trails Regional Park, abundant shopping and retail, and all that College East, La Mesa and greater San Diego have to offer.

Last Agent to Sell the Property

Nick Hernandez

Top Gun CRE License #02207439 Listed on: 09/04/2023

Co-Listed By

Max Delbecq

Top Gun CRE License #01964069

Last Buyer's Agent

Junghee Schwartz

eXp Realty of California, Inc License #02095295

eXp Realty of California, Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,386

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned RM-1-1 Transit Priority Area Transi...

Property Views

  • City Lights
  • Mountain
  • Neighborhood

Location

  • Property is near a park
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 4690910100

Community Details

Overview

  • No Home Owners Association
  • Community Lake
  • Foothills

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Hiking Trails

Property Details

Property Type

Land

Est. Annual Taxes

$15,386

Lot Details

0

Listing Details

  • Assessments: No
  • View: Yes
  • Zoning: RM-1-1 Transit Priority Area Transi...
  • Property Type: Land
  • Parcel Number: 4690910100
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 113.64

Exterior Features

  • View: City Lights, Mountain(s), Neighborhood
  • Fence: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Golf, Suburban, Fishing, Hiking, Lake, Park

Lot Info

  • Land Lease: No
  • Lot Features: Corner Lot, Level with Street, Lot 10000-19999 Sqft, Level, Park Nearby
  • Lot Size Sq Ft: 11000.00
  • Lot Size Acres: 0.2525

Multi Family

  • Lot Size Area: 11000.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2024
Sold by
Godavari Lp
Bought by
Balaton Lp
Current Estimated Value
$1,215,645

Purchase Details

Closed on
Sep 21, 2023
Sold by
Periousia Llc
Bought by
Qpdavari Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 25, 2020
Sold by
Hornsberger James C and Hornsberger Susan G
Bought by
Periousia Llc

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jun 25, 2020
Sold by
Mckay Jennifer C and Finch Jamie M
Bought by
Hornsberger James C and Hornsberger Susan G
Seller's Agent
Sandra Angione
Allison James Estates & Homes
Buyer's Agent
Michele Mesker
Big Block Realty, Inc
List Price
$609,000
Sold Price
$575,000
Premium/Discount to List
-$34,000
-5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.71%

Purchase Details

Closed on
Feb 18, 2015
Sold by
Luce Rollan C
Bought by
Luce Rollan C

Purchase Details

Closed on
Jan 23, 2013
Sold by
Dewoody Roberta Luce
Bought by
Dewoody Roberta E and Luce Rollan C

Purchase Details

Closed on
Oct 22, 1993
Sold by
Dewoody Lloyd Glenn and Dewoody Roberta Luce
Bought by
Dewoody Lloyd Glenn and Dewoody Roberta Luce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.81%

Purchase Details

Closed on
Oct 15, 1993
Sold by
Dewoody Lloyd Glenn and Dewoody Roberta Luce
Bought by
Dewoody Lloyd Glenn and Dewoody Roberta Luce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.81%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Balaton Lp -- None Listed On Document
Qpdavari Lp $1,250,000 Corinthian Title Company
Periousia Llc -- Corinthian Title Company
Hornsberger James C $575,000 Corinthian Title
Luce Rollan C -- None Available
Dewoody Roberta E -- None Available
Dewoody Lloyd Glenn -- Fidelity National Title
Dewoody Lloyd Glenn -- Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Balaton Lp $0
Previous Owner Qpdavari Lp $750,000
Previous Owner Dewoody Lloyd Glenn $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2023 11/21/23 Sold $1,250,000 -7.3% $869 / Sq Ft
09/04/2023 09/04/23 For Sale $1,349,000 +134.6% $938 / Sq Ft
07/06/2020 07/06/20 Sold $575,000 -5.6% $541 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
06/12/2020 06/12/20 For Sale $609,000 -- $573 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,386 $1,250,000 $1,250,000 --
2024 $15,386 $1,250,000 $1,250,000 --
2023 $7,362 $598,228 $331,190 $267,038
2022 $7,167 $586,499 $324,697 $261,802
2021 $7,118 $575,000 $318,331 $256,669
2020 $842 $72,828 $40,319 $32,509
2019 $826 $71,401 $39,529 $31,872
2018 $772 $70,002 $38,754 $31,248
2017 $752 $68,631 $37,995 $30,636
2016 $737 $67,286 $37,250 $30,036
2015 $808 $66,276 $36,691 $29,585
2014 $796 $64,979 $35,973 $29,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2304307

California Regional Multiple Listing Service (CRMLS)

APN: 469-091-01