NOT LISTED FOR SALE

5575 Lake Park Way La Mesa, CA 91942

Estimated Value: $5,640,088

-- Bed
-- Bath
21,412 Sq Ft
$263/Sq Ft Est. Value

About This Home

This home is located at 5575 Lake Park Way, La Mesa, CA 91942 and is currently estimated at $5,640,088, approximately $263 per square foot. 5575 Lake Park Way 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
Jan 1, 2024
Sold by
Lake Park Partners Llc
Bought by
Rm Lake Trust and Thomas J Dechant Separate Property Trust
Current Estimated Value
$5,640,088

Purchase Details

Closed on
Oct 21, 2019
Sold by
Anderson Keith R and Keith R Anderson 2003 Trust
Bought by
Lake Park Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,160,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2008
Sold by
Anderson Keith R
Bought by
Anderson Keith R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,125,000
Interest Rate
6.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 26, 2003
Sold by
Gupta Ashok K
Bought by
Gupta Ashok K

Purchase Details

Closed on
Dec 24, 2003
Sold by
Stone Ronald V and Elaine Stone L
Bought by
Stone Ronald and Elaine Stone L

Purchase Details

Closed on
Dec 23, 2003
Sold by
Anderson Keith R
Bought by
Anderson Keith R

Purchase Details

Closed on
Aug 28, 1998
Sold by
Ashok Gupta
Bought by
Gupta Ashok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.91%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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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
Rm Lake Trust -- Fidelity National Title
Rm Lake Trust -- Fidelity National Title
Lake Park Partners Llc $4,600,000 Fidelity National Title Co
Anderson Keith R -- Chicago Title Company
Gupta Ashok K -- --
Stone Ronald -- --
Stone Ronald -- --
Anderson Keith R -- --
Gupta Ashok -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lake Park Partners Llc $2,160,000
Previous Owner Anderson Keith R $2,125,000
Previous Owner Gupta Ashok $1,500,000
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 $59,675 $5,380,381 $2,962,944 $2,417,437
2024 $59,675 $4,932,127 $2,734,114 $2,198,013
2023 $57,999 $4,835,419 $2,680,504 $2,154,915
2022 $57,325 $4,740,608 $2,627,946 $2,112,662
2021 $56,620 $4,647,656 $2,576,418 $2,071,238
2020 $54,755 $4,600,000 $2,550,000 $2,050,000
2019 $35,876 $2,976,037 $1,020,512 $1,955,525
2018 $35,184 $2,917,684 $1,000,502 $1,917,182
2017 $34,712 $2,860,476 $980,885 $1,879,591
2016 $33,594 $2,804,389 $961,652 $1,842,737
2015 $33,365 $2,762,266 $947,208 $1,815,058
2014 $32,710 $2,708,158 $928,654 $1,779,504
Source: Public Records

Map

California San Diego County La Mesa 91942

5575 Lake Park Way, La Mesa, CA

This home is located at 5575 Lake Park Way, La Mesa, CA 91942 and is currently estimated at $5,640,088, approximately $263 per square foot. 5575 Lake Park Way 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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