NOT LISTED FOR SALE

5331 W Falls View Dr San Diego, CA 92115

College East Neighborhood

Estimated Value: $1,647,000 - $2,022,000

9 Beds
4 Baths
2,970 Sq Ft
$613/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $1,605,000 $540 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $11,274/month

54 Days on Market

Highlights

  • Attached Guest House
  • Solar Power System
  • Laundry Room
  • Hardy Elementary School Rated A-
  • 2 Car Attached Garage
  • 1-minute walk to College Area Community Garden

About This Home

As of August 2023

Rental investment opportunity in College West neighborhood. The home is a partially remodeled 5bed/2bath home and 4bed/2bath ADU for combined monthly rent of $10,450/month commencing in July 2023. ADU was recently completed in January of 2023 with solar panels and new irrigation/concrete executed to prevent floods or intrusion. Both homes are college rentals and management typically increases rents between 7-10% every year for consistent increases. The garage has potential to be converted to a JADU - two bed/one bath.

Last Agent to Sell the Property

Sydney Daily

State Houses Real Estate, Inc. License #02132812 Listed on: 05/05/2023

Last Buyer's Agent

Sydney Daily

State Houses Real Estate, Inc. License #02132812 Listed on: 05/05/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,746

Year Built

  • Built in 1952

Lot Details

  • 7,300 Sq Ft Lot
  • Wood Fence

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2,970 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Oven or Range
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry in Garage
  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System

Additional Homes

  • Attached Guest House
  • 1,200 SF Accessory Dwelling Unit
  • Number of ADU Units: 1
  • ADU is currently occupied
  • ADU built in 2023
  • ADU includes 4 Bedrooms and 4 Bathrooms
  • Kitchen Sink
  • Range Cooktop
  • Stove
  • Separate access to accessory dwelling unit
  • Entrance to ADU on street level

Listing and Financial Details

  • Assessor Parcel Number 463-222-0300

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,746

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Metro Uptown
  • Cross Street: East Falls View Dr
  • Neighborhood: College West
  • LP / Sq Ft: 547.14
  • Price Per Sq Ft: 540.4
  • SP/ Sq Ft: 540.4
  • Stories: 2 Story
  • Stories In Building: 2
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1952
  • A D U Access Type1: Separate
  • A D U Bath Full1: 4
  • A D U Building Type1: Attached
  • A D U Kitchen Features1: Stove, Range, Refrigerator, Sink
  • A D U Main Entry Floor1: Ground
  • A D U Meter1: Separate
  • A D U Occupied1: Yes
  • A D U Parking Y N1: No
  • A D U S Q F T1: 1200.0
  • A D U Sq Ft Source1: Builder
  • A D U Type1: Standard
  • A D U Year Built1: 2023
  • A D U Year Built Source1: Public Records
  • A D U Yes No: Yes
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Number Of A D U Bedrooms1: 4
  • Number Of A D U Units: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Solar Panels, Washer, Freezer, Gas Range
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Searchable Rooms: Dining Area, Laundry
  • Total Bedrooms: 9
  • Bedrooms: 9
  • Master Bedroom Dimensions: 16x11
  • Full Bathrooms: 4
  • Laundry Location: Garage, Laundry Room, On Upper Level
  • Estimated Sq Ft: 2970
  • Total Bathrooms: 4

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Wood
  • Roof: Composition

Garage/Parking

  • Garage Details: Attached, Garage - Side Entry, Garage - Two Door, Garage Door Opener
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Garage Spaces: 4
  • Parking Spaces Total: 6

Utilities

  • Laundry Utilities: Gas
  • Sewer/Septic: Public Sewer
  • Water: Public
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Property Management Company: State Houses Real Estate
  • Property Management Phone: 6195694610

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 463-222-0300
  • Estimated Lot Sq Ft: 7300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2023
Sold by
Woolf Richard and Woolf Lisa
Bought by
Fallsview Llc
Current Estimated Value
$1,821,422

Purchase Details

Listed on
May 5, 2023
Closed on
Jul 21, 2023
Sold by
Mekonos Llc
Bought by
Woolf Richard and Woolf Lisa
Seller's Agent
Sydney Daily
State Houses Real Estate, Inc.
Buyer's Agent
Sydney Daily
State Houses Real Estate, Inc.
List Price
$1,675,000
Sold Price
$1,605,000
Premium/Discount to List
-$70,000
-4.18%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$1,040,000
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 26, 2022
Sold by
Sanchez Scott
Bought by
Sanchez Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.7%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 21, 2022
Sold by
Seifert Basak Jessica
Bought by
Sanchez Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.7%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 23, 2021
Sold by
Holt Family Investments Llc
Bought by
Sanchez Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,000
Interest Rate
2.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2021
Sold by
Holt Scott E and Holt Bonnie A
Bought by
Holt Scott E and Holt Bonnie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,000
Interest Rate
2.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 27, 2019
Sold by
Holt Scott Edward and Holt Bonnie A
Bought by
Holt Scott E and Holt Bonnie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
3.6%

Purchase Details

Closed on
May 15, 2014
Sold by
Holt Matthew
Bought by
Holt Family Trust and Holt Bonnie A

Purchase Details

Closed on
Sep 19, 2012
Sold by
Holt Scott E and Holt Bonnie A
Bought by
Holt Scott E and Holt Bonnie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2011
Sold by
Holt Scott and Holt Bonnie
Bought by
Holt Scott E and Holt Bonnie A

Purchase Details

Closed on
Jul 30, 2010
Sold by
Lee Joel T
Bought by
Holt Scott and Holt Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2000
Sold by
Joanna Gonda
Bought by
Lee Joel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,900
Interest Rate
8.2%

Purchase Details

Closed on
Sep 13, 1985

Purchase Details

Closed on
Jun 12, 1985
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
Fallsview Llc -- None Listed On Document
Woolf Richard $1,605,000 Wfg National Title
Mekonos Llc -- Wfg National Title Company
Sanchez Scott -- Wfg Title Company
Sanchez Scott -- Wfg Title Company
Sanchez Scott $1,050,000 Wfg National Title
Holt Family Investments Llc -- Accommodation
Holt Scott E -- Wfg National Title Co Of Ca
Holt Scott E -- Pacific Coast Title Company
Holt Scott Edward -- Pacific Coast Title Company
Holt Family Trust -- None Available
Holt Scott E -- Accommodation
Holt Scott E -- Accommodation
Holt Scott -- Chicago Title Company
Holt Scott E -- Chicago Title Company
Holt Scott E -- Accommodation
Holt Scott $378,000 Lawyers Title
Lee Joel T $220,000 Southland Title
Gonda Joanna -- Southland Title
Purcell Jeffrey Boyd -- Southland Title
-- $123,200 --
-- $113,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Woolf Richard $1,040,000
Previous Owner Sanchez Scott $250,000
Previous Owner Sanchez Scott $250,000
Previous Owner Sanchez Scott $756,000
Previous Owner Holt Scott Edward $517,500
Previous Owner Holt Scott E $348,750
Previous Owner Holt Scott $283,500
Previous Owner Lee Joel T $119,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2023 08/01/23 Sold $1,605,000 -1.2% $540 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
05/24/2023 05/24/23 Price Changed $1,625,000 -3.0% $547 / Sq Ft
05/05/2023 05/05/23 For Sale $1,675,000 -- $564 / 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 $19,746 $1,637,100 $1,178,100 $459,000
2024 $19,746 $1,605,000 $1,155,000 $450,000
2023 $14,526 $1,183,000 $867,000 $316,000
2022 $12,805 $1,050,000 $850,000 $200,000
2021 $5,568 $449,173 $295,899 $153,274
2020 $5,500 $444,568 $292,865 $151,703
2019 $5,403 $435,852 $287,123 $148,729
2018 $5,052 $427,307 $281,494 $145,813
2017 $4,932 $418,929 $275,975 $142,954
2016 $4,853 $410,715 $270,564 $140,151
2015 $4,762 $402,947 $266,500 $136,447
2014 $4,688 $395,055 $261,280 $133,775
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sydney Daily

    State Houses Real Estate, Inc.

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Map

Source: San Diego MLS

MLS Number: 230008378

San Diego MLS

APN: 463-222-03

California San Diego County San Diego 92115 College East

5331 W Falls View Dr, San Diego, CA

This home is located at 5331 W Falls View Dr, San Diego, CA 92115 since 05 May 2023 and is currently estimated at $1,821,422, approximately $613 per square foot. This property was built in 1952. 5331 W Falls View Dr is a home located in San Diego County with nearby schools including Hardy Elementary School, Clay Elementary School, and Lewis Middle School.

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