NOT LISTED FOR SALE

5580 Aztec Dr La Mesa, CA 91942

1 Bed
-- Bath
600 Sq Ft
2.88 Acres

About This Home

Waterford Terrace is an independent living retirement community offering the ease of one monthly rental rate with no entry, buy-in or community fees. Adults 55+ can select from a variety of maintenance-free studio and one bedroom floor plans complete with paid utilities (excluding phone), an emergency call system and onsite management team for peace of mind. Residents enjoy three nutritious home-cooked chef prepared meals in the full service dining room. Weekly housekeeping services include cleaning, vacuuming, light dusting, and linen changes. Leave the cooking and cleaning to the trained staffed and relax during your retirement years. This all inclusive senior community is pet friendly and offers a complete calendar of activities, outings, fitness classes, educational and cultural opportunities. Activities include monthly birthday party, bingo nights, canasta, scrabble, chess, and checkers. Residents also enjoy the variety of outings offered to local golf courses, city attractions, and shopping centers. Stay fit in our onsite exercise center, participate in a yoga or tai chi class, enjoy a competitive game of Wii bowling in the media room, or join a 10:30am morning fitness classes or resident walking club. Our community is surrounded by walking paths, perfect for you and your small four legged friend. Slow down the pace and find a book in the library and sit fireside, take in a movie in our theater, challenge a friend to a game of pool, view a cooking demonstration in our large community kitchen or join neighbors on the patio and watch the beautiful sunrise. If you have a need to be pampered, enjoy the convenience of our onsite beauty salon. Whatever your preference, the choice is yours at Waterford Terrace.This senior community is located in La Mesa, California off of I-8, exit at El Cajon Blvd. Within a half mile radius of Waterford Terrace, enjoy the convenience of major grocery, pharmacy services, banking, city transportation, numerous restaurants and city park. We are a quick drive to Lake Murray and about 15 miles from downtown San Diego and the San Diego International Airport. We invite you to schedule a tour of our beautiful retirement community and have a meal with us. Call today to schedule an appointment for you or your loved one!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 1999
Sold by
La Mesa Retirement Residence Ltd Prtnrsh
Bought by
La Mesa Retirement Residence Ltd Prtnrsh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,640,000
Interest Rate
7.04%
Mortgage Type
Unknown
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

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
La Mesa Retirement Residence Ltd Prtnrsh -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed La Mesa Retirement Residence Lp $15,840,000
Closed La Mesa Retirement Residence Limited Par $10,000,000
Closed La Mesa Retirement Residence Lp $1,300,000
Closed La Mesa Retirement Residence Ltd Prtnrsp $5,640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2022 08/09/22 For Rent $2,345 -- --

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 $120,037 $9,404,286 $2,339,343 $7,064,943
2024 $120,037 $9,219,889 $2,293,474 $6,926,415
2023 $148,014 $11,716,440 $2,248,504 $9,467,936
2022 $146,113 $11,511,168 $2,204,416 $9,306,752
2021 $148,265 $11,670,991 $2,161,193 $9,509,798
2020 $147,916 $11,882,072 $2,139,033 $9,743,039
2019 $152,191 $12,209,493 $2,097,092 $10,112,401
2018 $153,585 $12,348,610 $2,055,973 $10,292,637
2017 $152,217 $12,169,667 $2,015,660 $10,154,007
2016 $153,128 $12,407,566 $1,976,138 $10,431,428
2015 $155,761 $12,536,582 $1,946,455 $10,590,127
2014 $156,896 $12,623,470 $1,908,327 $10,715,143
Source: Public Records

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