NOT LISTED FOR SALE

5580 Lake Park Way #11 La Mesa, CA 91942

Estimated Value: $549,000 - $600,579

2 Beds
2.5 Baths
1,248 Sq Ft
$265/mo HOA Fee

Last Sold January 28, 2021

Last sale price $425,000 $341 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,700/month

26 Days on Market

Highlights

  • No Units Above
  • Community Pool
  • Central Air
  • Grossmont High School Rated A
  • Laundry Room

About This Home

As of January 2021

Appealing townhome ideally located near Lake Murray, featuring two master bedrooms with their own remodeled baths! Remodeled kitchen with new countertops and cabinets. New interior paint and flooring. Utility room with laundry hookups and room for storage. Just minutes to freeway, stores, restaurants, and schools.

Last Agent to Sell the Property

Frank Jimenez

Los Angeles Times License #01372804 Listed on: 11/27/2020

Los Angeles Times

Last Buyer's Agent

Willem De Ridder

Compass License #01871390

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,392

Year Built

  • Built in 1975

Lot Details

  • No Units Above
  • No Units Located Below

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • 1,248 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Carport
  • Parking Available
  • Assigned Parking

Additional Features

  • Laundry Room
  • Central Air

Listing and Financial Details

  • Tax Tract Number 5003
  • Assessor Parcel Number 4640802111

Community Details

Overview

  • 29 Units
  • Tangerine Terrace Association, Phone Number (619) 589-6222

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,392

Year Built

Built in 1975

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: R-1
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4640802111
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1248.00 Square Feet
  • Common Walls: No One Above, No One Below
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 340.54

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 265.00
  • Association Fee Frequency: Monthly
  • Association Name: Tangerine Terrace
  • Phone: 619-589-6222
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Lemon Grove

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 69106.00
  • Lot Size Acres: 1.5800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 69106.0000 Square Feet
  • Number Of Units In Community: 29

Tax Info

  • Tax Tract Number: 05003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2020
Closed on
Dec 4, 2020
Sold by
Ihd Real Estate Solutions Inc
Bought by
Moreno Renato Lopez
Seller's Agent
Frank Jimenez
Los Angeles Times
Buyer's Agent
Willem De Ridder
Compass
List Price
$399,000
Sold Price
$425,000
Premium/Discount to List
$26,000
6.52%
Current Estimated Value
$569,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,395
Avg. Annual Appreciation
6.39%
Original Mortgage
$408,850
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 1994
Sold by
Kirk Paul C and Kirk Doris J
Bought by
Kirk Paul C and Kirk Doris J

Purchase Details

Closed on
Jul 1, 1983
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Moreno Renato Lopez $425,000 Fidelity Natl Ttl San Diego
Kirk Paul C -- --
-- $77,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moreno Renato Lopez $408,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2021 01/28/21 Sold $425,000 +6.5% $341 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
12/22/2020 12/22/20 For Sale $399,000 0.0% $320 / Sq Ft
11/28/2020 11/28/20 Pending -- -- --
11/27/2020 11/27/20 For Sale $399,000 -- $320 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,392 $460,029 $130,762 $329,267
2024 $5,392 $451,010 $128,199 $322,811
2023 $5,239 $442,168 $125,686 $316,482
2022 $5,178 $433,499 $123,222 $310,277
2021 $3,500 $290,000 $82,432 $207,568
2020 $1,750 $146,868 $41,747 $105,121
2019 $1,725 $143,989 $40,929 $103,060
2018 $1,692 $141,167 $40,127 $101,040
2017 $1,669 $138,400 $39,341 $99,059
2016 $1,615 $135,687 $38,570 $97,117
2015 $1,604 $133,650 $37,991 $95,659
2014 $1,572 $131,033 $37,247 $93,786
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2001730

California Regional Multiple Listing Service (CRMLS)

APN: 464-080-21-11