NOT LISTED FOR SALE

5520 5520 Wellesley St La Mesa, CA 91942

Estimated Value: $4,814,902

-- Bed
-- Bath
29,103 Sq Ft
$165/Sq Ft Est. Value

About This Home

This home is located at 5520 5520 Wellesley St, La Mesa, CA 91942 and is currently estimated at $4,814,902, approximately $165 per square foot. 5520 5520 Wellesley St is a home located in San Diego County with nearby schools including Maryland Avenue Elementary School, Parkway Academy, and Grossmont High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2023
Sold by
Lmba-Re
Bought by
Satnam Investments Llc and Lionshare Holdings Llc
Current Estimated Value
$4,814,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,349,704
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$3,465,198

Purchase Details

Closed on
Jul 11, 2022
Sold by
La Mesa Business Associates Real Estate
Bought by
Lmba-Re

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2016
Sold by
Welsh Robert J and Welsh Jean
Bought by
La Mesa Business Associates Real Estate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,812,500
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 2, 2010
Sold by
Baltimore Wellesley Llc
Bought by
Welsh Robert J and Welsh Beverly Jean

Purchase Details

Closed on
May 18, 2009
Sold by
Welsh Robert J and Welsh Beverly Jean
Bought by
Baltimore Wellesley Llc

Purchase Details

Closed on
Dec 13, 1995
Sold by
Valley Independent Bank
Bought by
Eckel George E and Eckel Shirley Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,205,000
Interest Rate
7.38%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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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
Satnam Investments Llc $4,500,000 Chicago Title
Lmba-Re -- Chicago Title
La Mesa Business Associates Real Estate $3,500,000 Chicago Title Company
Welsh Robert J -- None Available
Baltimore Wellesley Llc -- None Available
Eckel George E $250,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Satnam Investments Llc $2,000,000
Previous Owner Lmba-Re $2,600,000
Previous Owner La Mesa Business Associates Real Estate $1,812,500
Previous Owner Eckel George E $1,205,000
Source: Public Records

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 $54,848 $4,590,000 $1,938,000 $2,652,000
2024 $54,848 $4,500,000 $1,900,000 $2,600,000
2023 $48,417 $3,982,398 $1,706,742 $2,275,656
2022 $48,196 $3,904,313 $1,673,277 $2,231,036
2021 $47,655 $3,827,759 $1,640,468 $2,187,291
2020 $46,293 $3,788,512 $1,623,648 $2,164,864
2019 $45,636 $3,714,228 $1,591,812 $2,122,416
2018 $44,739 $3,641,400 $1,560,600 $2,080,800
2017 $43,946 $3,570,000 $1,530,000 $2,040,000
2016 $33,433 $2,726,538 $454,417 $2,272,121
2015 $33,257 $2,685,584 $447,592 $2,237,992
2014 $32,557 $2,632,978 $438,825 $2,194,153
Source: Public Records

Map

California San Diego County La Mesa 91942

5520 5520 Wellesley St, La Mesa, CA

This home is located at 5520 5520 Wellesley St, La Mesa, CA 91942 and is currently estimated at $4,814,902, approximately $165 per square foot. 5520 5520 Wellesley St is a home located in San Diego County with nearby schools including Maryland Avenue Elementary School, Parkway Academy, and Grossmont High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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