NOT LISTED FOR SALE

687 Palomar Ave El Cajon, CA 92020

Estimated Value: $665,000 - $730,000

3 Beds
1 Bath
984 Sq Ft
$705/Sq Ft Est. Value

Last Sold October 05, 2023

Last sale price $610,800 $621 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,271/month

17 Days on Market

Highlights

  • Contemporary Architecture
  • Property is Fully Fenced
  • Wood Siding
  • Grossmont High School Rated A
  • Level Lot
  • 1-Story Property

About This Home

As of October 2023

Great bones for this corner lot property with lots of extra room for an addition or ADU. Mature trees, fully fenced and large drive-thru gate on the side of the property. Situated in a great neighborhood in the Helix foothills. Hurry, it won't last!

Last Agent to Sell the Property

Carol Bostwick

Coldwell Banker West License #01358953 Listed on: 08/12/2023

Coldwell Banker West

Last Buyer's Agent

Elaine Boyd

LPT Realty, Inc. License #02051849

LPT Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,708

Year Built

  • Built in 1952

Lot Details

  • Property is Fully Fenced
  • Level Lot

Parking

  • 4 Parking Spaces

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 984 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Garage
  • Washer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 492-481-02-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,708

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Contemporary
  • Residential Styles: Detached
  • Market Area: East County
  • Cross Street: Sierra Circle
  • Neighborhood: Grossmont Villa
  • LP / Sq Ft: 635.16
  • Price Per Sq Ft: 620.73
  • SP/ Sq Ft: 620.73
  • Stories: 1 Story
  • Ownership: Right To Use
  • Total Stories: 1
  • Year Built: 1952
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Range/Oven
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 10x14
  • Full Bathrooms: 1
  • Laundry Location: Garage
  • Estimated Sq Ft: 984
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Wood
  • Fencing: Full
  • Roof: Composition

Garage/Parking

  • Non Garage Parking: Other
  • Parking Spaces Total: 4

Utilities

  • Cooling: Wall/Window
  • Laundry Utilities: Electric, Washer Hookup
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: EL CAJON

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Topography: Level
  • Assessor Parcel Number: 492-481-02-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2023
Closed on
Sep 1, 2023
Sold by
Nolte James Edward
Bought by
Fraire Vincent Michael and Fraire Barbara
Seller's Agent
Carol Bostwick
Coldwell Banker West
Buyer's Agent
Elaine Boyd
LPT Realty, Inc.
List Price
$650,000
Sold Price
$610,800
Premium/Discount to List
-$39,200
-6.03%
Views
81
Current Estimated Value
$693,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,523
Avg. Annual Appreciation
6.34%
Original Mortgage
$457,995
Outstanding Balance
$448,762
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$244,561

Purchase Details

Closed on
Aug 13, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Nolte James Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,076
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 2010
Sold by
Kubik Michael S
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Mar 13, 2002
Sold by
Handy Norma Jean
Bought by
Kubik Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
5.75%
Source: Public Records

Range of Values:

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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
Fraire Vincent Michael $611,000 Ticor Title
Nolte James Edward $220,000 Landsafe Title
Bac Home Loans Servicing Lp $220,050 Landsafe Title
Deutsche Bank National Trust Company $220,050 Landsafe Title
Kubik Michael S $195,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fraire Vincent Michael $457,995
Previous Owner Nolte James Edward $217,076
Previous Owner Kubik Michael S $158,400
Closed Kubik Michael S $39,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2023 10/05/23 Sold $610,800 -2.3% $621 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
08/27/2023 08/27/23 Price Changed $625,000 -3.8% $635 / Sq Ft
08/12/2023 08/12/23 For Sale $650,000 -- $661 / 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 $7,708 $622,872 $373,726 $249,146
2024 $7,708 $610,660 $366,399 $244,261
2023 $3,829 $270,901 $162,542 $108,359
2022 $3,813 $265,590 $159,355 $106,235
2021 $3,804 $260,383 $156,231 $104,152
2020 $3,730 $257,715 $154,630 $103,085
2019 $3,026 $252,663 $151,599 $101,064
2018 $2,976 $247,710 $148,627 $99,083
2017 $2,936 $242,854 $145,713 $97,141
2016 $2,817 $238,093 $142,856 $95,237
2015 $2,802 $234,518 $140,711 $93,807
2014 $2,746 $229,925 $137,955 $91,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230015725

San Diego MLS

APN: 492-481-02