NOT LISTED FOR SALE

702 Elder Ave Chula Vista, CA 91910

Downtown Chula Vista Neighborhood

Estimated Value: $786,000 - $871,000

4 Beds
2 Baths
1,326 Sq Ft
$629/Sq Ft Est. Value

Last Sold August 11, 2022

Last sale price $770,000 $581 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,149/month

2 Days on Market

Highlights

  • Corner Lot
  • 2 Car Attached Garage
  • Laundry Room
  • No HOA
  • Views
  • Forced Air Heating System

About This Home

As of August 2022

Come and see this wonderful newly remodeled home. New paint inside and out. Kitchen has new cupboards, counter tops and all new appliances. Both bathrooms have been completely remodeled. Huge corner lot with new fencing and landscaping front and back. Room for an RV and possible pool. Truly a wonderful community close to the ocean. This one will go fast! Schedule an appointment today to see!

Last Agent to Sell the Property

Michael Sumner

Equity Real Estate - Pacific C License #01221490 Listed on: 07/24/2022

Last Buyer's Agent

Krystin Wiesermann Carter

CA-RES License #02159176

CA-RES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,229

Year Built

  • Built in 1956

Lot Details

  • 7,800 Sq Ft Lot
  • Corner Lot
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,326 Sq Ft Home
  • 1-Story Property
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 3192
  • Assessor Parcel Number 5722311800

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,229

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5722311800
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1326.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Price Per Square Foot: 580.69

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Chula Vista Elementary

Lot Info

  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size: 7800 sq ft
  • Lot Size Sq Ft: 7800.00
  • Lot Size Acres: 0.1791

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7800.0000 Square Feet
  • Number Of Units In Community: 60

Tax Info

  • Tax Tract Number: 3192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2022
Closed on
Aug 10, 2022
Sold by
Inj Investment Property Llc
Bought by
Karasch Gredel M
Seller's Agent
Michael Sumner
Equity Real Estate - Pacific C
Buyer's Agent
Krystin Wiesermann Carter
CA-RES
List Price
$764,900
Sold Price
$770,000
Premium/Discount to List
$5,100
0.67%
Views
2
Current Estimated Value
$834,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,466
Avg. Annual Appreciation
1.47%
Original Mortgage
$500,000
Outstanding Balance
$479,985
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$325,006

Purchase Details

Listed on
Jul 24, 2022
Closed on
Aug 2, 2022
Sold by
Karasch Mitchell Scott
Bought by
Karasch Gredel M
Seller's Agent
Michael Sumner
Equity Real Estate - Pacific C
Buyer's Agent
Krystin Wiesermann Carter
CA-RES
List Price
$764,900
Sold Price
$770,000
Premium/Discount to List
$5,100
0.67%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$479,985
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$325,006

Purchase Details

Listed on
Jul 24, 2022
Closed on
Jun 29, 2022
Sold by
Jni Investment Property Llc
Bought by
Inj Investment Properties Llc
Seller's Agent
Michael Sumner
Equity Real Estate - Pacific C
Buyer's Agent
Krystin Wiesermann Carter
CA-RES
List Price
$764,900
Sold Price
$770,000
Premium/Discount to List
$5,100
0.67%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$479,985
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$325,006

Purchase Details

Closed on
Apr 7, 2022
Sold by
Jacobsen Family Trust
Bought by
Jni Investment Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
4.17%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 14, 2004
Sold by
Jacobsen Harold D and Jacobsen Alma K
Bought by
Jacobsen Harold D and Jacobsen Alma K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2004
Sold by
Jacobsen Harold D and Jacobsen Alma K
Bought by
Jacobsen Harold D and Jacobsen Alma K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 1999
Sold by
Jacobsen Harold D and Jacobsen Alma K
Bought by
Jacobsen Harold D and Jacobsen Alma K

Purchase Details

Closed on
Aug 27, 1993
Sold by
Dineen William J and Dineen Beverly A
Bought by
Jacobsen Harold D and Jacobsen Alma K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,240
Interest Rate
6.81%
Mortgage Type
VA
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
Karasch Gredel M $770,000 First American Title
Karasch Gredel M -- First American Title
Inj Investment Properties Llc -- First American Title
Jni Investment Property Llc $560,000 Chicago Title
Jacobsen Harold D -- Ticor Title San Diego
Jacobsen Harold D -- Ticor Title San Diego
Jacobsen Harold D -- --
Jacobsen Harold D $162,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karasch Gredel M $75,000
Open Karasch Gredel M $500,000
Closed Karasch Gredel M $500,000
Previous Owner Jacobsen Harold D $504,000
Previous Owner Jacobsen Harold D $504,000
Previous Owner Jacobsen Harold D $142,065
Previous Owner Jacobsen Harold D $165,000
Previous Owner Jacobsen Harold D $165,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2022 08/11/22 Sold $770,000 +0.7% $581 / Sq Ft
07/26/2022 07/26/22 Pending -- -- --
07/24/2022 07/24/22 For Sale $764,900 -- $577 / 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 $7,229 $801,108 $645,048 $156,060
2024 $7,229 $785,400 $632,400 $153,000
2023 $6,173 $529,000 $377,000 $152,000
2022 $2,974 $259,441 $98,783 $160,658
2021 $2,904 $254,355 $96,847 $157,508
2020 $2,834 $251,747 $95,854 $155,893
2019 $2,760 $246,812 $93,975 $152,837
2018 $2,716 $241,974 $92,133 $149,841
2017 $2,657 $237,230 $90,327 $146,903
2016 $2,593 $232,579 $88,556 $144,023
2015 $2,556 $229,086 $87,226 $141,860
2014 $2,512 $224,600 $85,518 $139,082
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michael Sumner

    Equity Real Estate - Pacific C

    Section Image

  • K

    Buyer's Agent in 2022

    Krystin Wiesermann Carter

    CA-RES

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2207813

California Regional Multiple Listing Service (CRMLS)

APN: 572-231-18

California San Diego County Chula Vista 91910 Downtown Chula Vista

702 Elder Ave, Chula Vista, CA

This home is located at 702 Elder Ave, Chula Vista, CA 91910 since 24 July 2022 and is currently estimated at $834,466, approximately $629 per square foot. This property was built in 1956. 702 Elder Ave is a home located in San Diego County with nearby schools including Lilian J. Rice Elementary School, Chula Vista Middle School, and Chula Vista High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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