NOT LISTED FOR SALE

5014 Williams Ave La Mesa, CA 91942

Estimated Value: $905,633 - $1,287,000

3 Beds
2 Baths
1,167 Sq Ft
$928/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $715,000 $613 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $6,536/month

48 Days on Market

Highlights

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

About This Home

As of September 2020

Updated and well maintained Duplex in the heart of La Mesa. Large 12,400sf + lot on an underdeveloped R-3 lot. Extremely rare opportunity zoned for 5 units, or 6 with density bonus. Remodeled in 2017 with new cabinets, appliances, paint and flooring. One unit offers living room, kitchen, 2 bedrooms and 1 bath with laundry connected. Other unit offers 1 bedroom, kitchen and bath with private yard. Detached 2 car garage, large driveway and fully fenced. Amazing property! Live in one and rent out the other! Buy and hold these great turn key units, develop now or develop later, the opportunities are endless!

Last Agent to Sell the Property

Zandra Ulloa

Team Z Realty License #01849548 Listed on: 06/09/2020

Co-Listed By

Michelle Dastyck

Active Realty Inc. License #01986116

Last Buyer's Agent

Justin Roberts

Cal State Realty Services License #01294574

Cal State Realty Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,710

Year Built

  • Built in 1931

Lot Details

  • 0.29 Acre Lot
  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Community Details

  • 2 Units
  • La Mesa Community

Listing and Financial Details

  • Tenant pays for sewer, trash, water, cable TV, electricity
  • Assessor Parcel Number 469-141-17-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,710

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Mohawk
  • Neighborhood: La Mesa
  • Supplement: Buy and hold these great turn key units, develop now or develop later, the opportunities are endless!
  • Stories: 1 Story
  • Sale Price List Price: 1.02
  • Total Stories: 1
  • Year Built: 1931
  • 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: Stucco
  • Fencing: Full
  • Roof: Composition

Condo/Co-op/Association

  • Complex Name: La Mesa
  • Community: LA MESA

Lot Info

  • Lot Size: .25 to .5 AC
  • Water District: HELIX WATER DISTRICT
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 469-141-17-00
  • Estimated Lot Sq Ft: 12436
  • Water District URL: http://www.hwd.com
  • Estimated Number of Acres: 0.29
  • Map Code Column: G
  • Map Code Page: 1270
  • Map Code Row: 2

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Cable TV, Electricity

Multi Family

  • No. of Units: 2
  • Gross Sched Income Actual: 43800
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dryers: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Aug 4, 2020
Sold by
Gonzalez Julio Cesar and Lamb Judy Denise
Bought by
Chavez Matthew and Chavez Micaela
Seller's Agent
Zandra Ulloa
Team Z Realty
Buyer's Agent
Justin Roberts
Cal State Realty Services
List Price
$699,999
Sold Price
$715,000
Premium/Discount to List
$15,001
2.14%
Current Estimated Value
$1,083,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,408
Avg. Annual Appreciation
8.49%
Original Mortgage
$702,049
Outstanding Balance
$621,606
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$461,802

Purchase Details

Closed on
Mar 21, 2017
Sold by
Renovation Realty Inc
Bought by
Gonzalez Julio Cesar and Lamb Judy Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,803
Interest Rate
4.1%
Mortgage Type
VA

Purchase Details

Listed on
Dec 19, 2016
Closed on
Dec 28, 2016
Sold by
Lars Investment Property One Llc
Bought by
Renovation Realty Inc
Seller's Agent
Ana Hlavnicka
WSR Real Estate Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.31%
Original Mortgage
$350,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 12, 2015
Sold by
Larson Jason and Larson Stefanie
Bought by
Lars Investment Property One Llc

Purchase Details

Closed on
Oct 30, 1998
Sold by
Larson Jason R and Barker John D
Bought by
Larson Jason R and Larson Stefanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
6.61%

Purchase Details

Closed on
Aug 31, 1993
Sold by
Ponder Robert D and Ponder Barbara Hsu
Bought by
Larson Jason R and Barker John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
6.95%

Purchase Details

Closed on
Aug 4, 1987
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
Chavez Matthew $715,000 Ticor Title
Gonzalez Julio Cesar $549,000 Stewart Title Of Ca Inc
Renovation Realty Inc $390,000 Stewart Title Of Ca Inc
Lars Investment Property One Llc -- None Available
Larson Jason -- None Available
Larson Jason R -- Lawyers Title
Larson Jason R $135,500 --
-- $88,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Matthew $702,049
Previous Owner Gonzalez Julio Cesar $560,803
Previous Owner Renovation Realty Inc $350,000
Previous Owner Larson Jason R $94,500
Previous Owner Larson Jason R $101,600
Closed Larson Jason R $13,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2020 09/15/20 Sold $715,000 +2.1% $613 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $699,999 0.0% $600 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
06/27/2020 06/27/20 Price Changed $699,999 0.0% $600 / Sq Ft
06/27/2020 06/27/20 For Sale $699,999 0.0% $600 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/17/2020 06/17/20 Price Changed $700,000 +3.7% $600 / Sq Ft
06/09/2020 06/09/20 For Sale $675,000 +73.1% $578 / Sq Ft
01/06/2017 01/06/17 Sold $390,000 -2.5% $334 / Sq Ft View Prior Sale
12/21/2016 12/21/16 Pending -- -- --
12/19/2016 12/19/16 For Sale $399,900 -- $343 / 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 $9,710 $773,938 $627,810 $146,128
2024 $9,710 $758,763 $615,500 $143,263
2023 $9,369 $743,886 $603,432 $140,454
2022 $9,216 $729,300 $591,600 $137,700
2021 $9,043 $715,000 $580,000 $135,000
2020 $7,300 $582,601 $371,422 $211,179
2019 $7,100 $571,179 $364,140 $207,039
2018 $6,940 $559,980 $357,000 $202,980
2017 $50 $174,182 $114,458 $59,724
2016 $2,027 $170,767 $112,214 $58,553
2015 $2,724 $168,203 $110,529 $57,674
2014 $2,501 $164,909 $108,364 $56,545
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200026380

San Diego MLS

APN: 469-141-17