NOT LISTED FOR SALE

Estimated Value: $984,867 - $1,137,000

3 Beds
2 Baths
1,981 Sq Ft
$526/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $646,750 $326 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,257/month

34 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Covered Patio or Porch
  • Grossmont High School Rated A-
  • Sun or Florida Room
  • Double Oven

About This Home

As of March 2018

Turnkey home, must see Entertainer’s delight. If you love outdoor living, you will enjoy your new home’s large back yard. Five waterfalls, Koi pond, large deck, arbor, patio with shade to keep you cool in the summer and sun in the winter for warmth. Close to Grossmont Center, Hospital, Shopping, Freeway, walk to school. Sun Room off Living Room. 3rd Bedroom used as office. Large Master Suite with walk in closet. Possible parking for RV, 2 car attach garage, 4 in driveway, and several on street. Neighborhoods: Grossmont Hills Equipment: Garage Door Opener Other Fees: 0 Sewer: Sewer Connected, Public Sewer Topography: LL

Last Agent to Sell the Property

Art Armagost

Covest Properties Inc License #01473344 Listed on: 01/02/2018

Co-Listed By

Lori Harding

Covest Properties Inc License #01795537

Last Buyer's Agent

Jesse Morrison

HomeSmart Realty West License #01476958

HomeSmart Realty West

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 0.25 Acre Lot
  • Partially Fenced Property
  • Wood Fence
  • Block Wall Fence
  • Fence is in good condition
  • Drip System Landscaping
  • Sprinkler System
  • Property is zoned R-1:SINGLE

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Unpaved Parking

Home Design

  • Turnkey
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,981 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Sun or Florida Room

Kitchen

  • Double Oven
  • Gas Oven
  • Gas Cooktop

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 4867921000

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Grossmont Hills
  • Zoning: R-1:SINGLE
  • Architectural Style: Ranch
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4867921000
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1981.00
  • Stories: 1
  • Flooring: Laminate, Wood
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Price Per Square Foot: 326.48
  • Room Type: Main Floor Bedroom, Sun, Living Room

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Partial, Good Condition, Block, Wood
  • Patio And Porch Features: Covered, Deck, Stone
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Brick, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unpaved
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater, Tankless Water Heater, Double Oven, Gas Oven, Gas Cooktop, Vented Exhaust Fan
  • Heating Type: Natural Gas, Fireplace(s), Forced Air
  • Laundry Features: Washer Hookup, Gas & Electric Dryer Hookup, Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Features: Sprinklers Drip System, Sprinkler System
  • Lot Size Sq Ft: 10900.00
  • Lot Size Acres: 0.2500

Multi Family

  • Lot Size Area: 10900.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2018
Closed on
Feb 7, 2018
Sold by
Lane Barry R
Bought by
Arreaza Catherine and Major Philip
Seller's Agent
Art Armagost
Covest Properties Inc
Buyer's Agent
Jesse Morrison
HomeSmart Realty West
List Price
$650,000
Sold Price
$646,750
Premium/Discount to List
-$3,250
-0.5%
Current Estimated Value
$1,042,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,717
Avg. Annual Appreciation
6.31%
Original Mortgage
$581,750
Outstanding Balance
$495,504
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$546,963

Purchase Details

Closed on
Jul 7, 2016
Sold by
Lane Barry R and Lane Barry Ray
Bought by
Lane Barry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2016
Sold by
Lane Irene Jean
Bought by
Lane Barry Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2016
Sold by
Lane Barry Ray and Lane Irene Jean
Bought by
Lane Barry Ray and Lane Irene Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2011
Sold by
Lane Barry Ray and Lane Irene Jean
Bought by
Lane Barry Ray and Lane Irene Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2008
Sold by
Lane Barry R and Lane Irene J
Bought by
Lane Barry Ray and Lane Irene Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
5.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2003
Sold by
Lane Barry Ray and Lane Irene Jean
Bought by
Lane Barry Ray and Lane Irene Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,100
Interest Rate
4.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 1998
Sold by
Lane Barry Ray and Lane Irene Jean
Bought by
Lane Barry Ray and Lane Irene Jean

Purchase Details

Closed on
Apr 3, 1998
Sold by
Vivian Taggart Michael B
Bought by
Lane Barry Ray and Lane Irene Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
7.07%

Purchase Details

Closed on
Jul 27, 1988
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arreaza Catherine $647,000 Ticor Title San Diego Branch
Lane Barry R -- First American Title Company
Lane Barry Ray -- None Available
Lane Barry Ray -- First American Title
Lane Barry Ray -- Lawyers Title Sd
Lane Barry Ray -- Lawyers Title Sd
Lane Barry Ray -- Accommodation
Lane Barry R -- Southland Title Company
Lane Barry Ray -- Chicago Title Co
Lane Barry Ray -- --
Lane Barry Ray -- --
Lane Barry Ray -- --
Lane Barry Ray $209,000 Chicago Title Co
-- $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arreaza Catherine $581,750
Previous Owner Lane Barry R $370,000
Previous Owner Lane Barry Ray $152,000
Previous Owner Lane Barry R $178,000
Previous Owner Lane Barry Ray $105,100
Previous Owner Lane Barry Ray $163,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2018 03/16/18 Sold $646,750 -0.5% $326 / Sq Ft
02/05/2018 02/05/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $650,000 -- $328 / 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 $9,543 $735,886 $221,398 $514,488
2024 $9,543 $721,457 $217,057 $504,400
2023 $9,244 $707,311 $212,801 $494,510
2022 $9,110 $693,443 $208,629 $484,814
2021 $8,917 $679,847 $204,539 $475,308
2020 $8,546 $672,877 $202,442 $470,435
2019 $8,403 $659,684 $198,473 $461,211
2018 $3,990 $293,278 $88,236 $205,042
2017 $3,991 $287,528 $86,506 $201,022
2016 $3,934 $281,891 $84,810 $197,081
2015 $3,940 $277,658 $83,537 $194,121
2014 $3,870 $272,220 $81,901 $190,319
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 180000256

California Regional Multiple Listing Service (CRMLS)

APN: 486-792-10