NOT LISTED FOR SALE

620 E Lexington Ave Unit 3 El Cajon, CA 92020

Estimated Value: $385,000 - $406,000

2 Beds
1.5 Baths
864 Sq Ft
$322/mo HOA Fee

Last Sold December 02, 2016

Last sale price $202,000 $234 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,733/month

125 Days on Market

Highlights

  • In Ground Pool
  • Gated Home
  • Level Lot
  • Laundry Facilities

About This Home

As of December 2016

Bright and open floor plan. Unit is located downstairs corner. Kitchen is upgraded with granite counter tops. Patio. 2bed/1.5 bath. Both bedrooms are large. Perfect for first time buyer or investor. Currently tenant is paying $1,375 and would like to stay if possible.

Last Agent to Sell the Property

Rafi Gorges

Realty Executives Dillon License #01703837 Listed on: 05/30/2016

Realty Executives Dillon

Last Buyer's Agent

Tom Shamoun

Red Carpet-Shamoun License #01356592

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,805

Year Built

  • Built in 1990

Lot Details

  • Gated Home
  • Property is Fully Fenced

HOA Fees

  • $322 Monthly HOA Fees

Interior Spaces

  • 864 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Parking Spaces
  • Assigned Parking

Pool

  • In Ground Pool

Listing and Financial Details

  • Assessor Parcel Number 488-233-45-03

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gated community, hot water, limited insurance, roof maintenance, sewer, termite, trash pickup, water
  • 32 Units
  • Complex Managers Association, Phone Number (858) 751-1951
  • Palermo Condos Community

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,805

Year Built

Built in 1990

Lot Details

0

HOA Fees

$322 per month

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: East County
  • Cross Street: s. lincoln
  • Neighborhood: El Cajon
  • LP / Sq Ft: 240.74
  • Price Per Sq Ft: 233.8
  • SP/ Sq Ft: 233.8
  • Stories: 1 Story
  • Stories In Building: 2
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1990
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Sub Flooring: Slab on Grade
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 14x11
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Laundry Location: Community
  • Estimated Sq Ft: 864
  • Total Bathrooms: 2

Exterior Features

  • Fencing: Full, Gate
  • Pool: Below Ground, Community/Common

Garage/Parking

  • Non Garage Parking: Assigned
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Available
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Palermo Condos
  • Total Fees: 3864.0
  • Pets Allowed: Yes
  • Units In Building: 32
  • Total Number of Units: 32
  • Community: EL CAJON
  • Home Owner Association: Complex Managers
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Gated Community, Hot Water, Limited Insurance, Roof Maintenance, Sewer, Termite, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 322.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-751-1951

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 1

Fee Information

  • Total Monthly Fees: 322

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 488-233-45-03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2016
Closed on
Oct 6, 2016
Sold by
Marmrji Luay and Yousif Liham
Bought by
Kassab Steve and Kassab Joandark
Seller's Agent
Rafi Gorges
Realty Executives Dillon
Buyer's Agent
Tom Shamoun
Red Carpet-Shamoun
List Price
$208,000
Sold Price
$202,000
Premium/Discount to List
-$6,000
-2.88%
Current Estimated Value
$397,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,623
Avg. Annual Appreciation
8.32%

Purchase Details

Listed on
Aug 14, 2014
Closed on
Sep 29, 2014
Sold by
Hahn Ernest
Bought by
Marmrji Luay and Yousif Ilham
Seller's Agent
Terri Leivas
Terri Leivas, Broker
Buyer's Agent
Mona Hermiz
Coldwell Banker West
List Price
$174,900
Sold Price
$167,500
Premium/Discount to List
-$7,400
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Original Mortgage
$134,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2010
Sold by
Pacheco Juan
Bought by
Hahn Ernest

Purchase Details

Closed on
Mar 1, 2005
Sold by
Cc Palermo Llc
Bought by
Pacheco Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,920
Interest Rate
7.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Kassab Steve $202,000 Title 365
Marmrji Luay $167,500 Stewart Title
Hahn Ernest -- Stewart Title
Hahn Ernest $80,000 Chicago Title Company
Pacheco Juan $240,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marmrji Luay $134,000
Previous Owner Pacheco Juan $242,950
Previous Owner Pacheco Juan $191,920
Closed Pacheco Juan $47,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2016 12/02/16 Sold $202,000 -2.9% $234 / Sq Ft
09/30/2016 09/30/16 Pending -- -- --
09/27/2016 09/27/16 For Sale $208,000 0.0% $241 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
07/08/2016 07/08/16 Price Changed $208,000 -3.3% $241 / Sq Ft
05/28/2016 05/28/16 For Sale $215,000 +28.4% $249 / Sq Ft
10/30/2014 10/30/14 Sold $167,500 -0.9% $194 / Sq Ft
09/23/2014 09/23/14 Pending -- -- --
09/18/2014 09/18/14 Price Changed $169,000 -3.4% $196 / Sq Ft
08/14/2014 08/14/14 For Sale $174,900 -- $202 / Sq Ft
Source: San Diego MLS

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 $2,805 $234,431 $97,122 $137,309
2024 $2,805 $229,835 $95,218 $134,617
2023 $2,732 $225,329 $93,351 $131,978
2022 $2,690 $220,912 $91,521 $129,391
2021 $3,165 $216,581 $89,727 $126,854
2020 $2,625 $214,361 $88,807 $125,554
2019 $2,592 $210,159 $87,066 $123,093
2018 $2,551 $206,039 $85,359 $120,680
2017 $2,518 $202,000 $83,686 $118,314
2016 $2,082 $170,054 $70,451 $99,603
2015 $2,071 $167,500 $69,393 $98,107
2014 $1,053 $83,609 $34,638 $48,971
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 160029361

San Diego MLS

APN: 488-233-45-03