NOT LISTED FOR SALE

7102 Stanford Ave La Mesa, CA 91942

Estimated Value: $1,193,000 - $1,319,000

4 Beds
3 Baths
2,280 Sq Ft
$546/Sq Ft Est. Value

Last Sold January 12, 2022

Last sale price $1,080,000 $474 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,731/month

56 Days on Market

Highlights

  • Mountain View
  • La Mesa Arts Academy Rated A-
  • Partially Fenced Property

About This Home

As of January 2022

Back on market, no fault to seller! Come check out this unique house with amazing views that is ready for entertainment! Permitted ADU added for extra rent income or family member suite. Remodeled 3 bed 2 bath and NEW 1 bed 1 bath ADU with exclusive views of La Mesa and Mt. Helix. Everything is brand new, roof, electrical, plumbing, windows, stucco, kitchens, bathrooms, etc. Located in quiet neighborhood with long driveway leading to private residences. Completely refinished pool with new pool equipment. Pool/office room has been added for a variety of uses. Multi-terraced backyard ripe for entertainment and relaxation. Easy access to 94 and 8 freeways. Close to San Diego State University for quick rental opportunities. Please contact us to view this beautiful property.

Last Agent to Sell the Property

Christian Spicer

Source California Realty License #01921619 Listed on: 10/18/2021

Last Buyer's Agent

Khatera Mivehchi

Coldwell Banker West License #01410928

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,879

Year Built

  • Built in 1959

Lot Details

  • 0.31 Acre Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Mountain Views

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 469-420-17

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,879

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Vetter Pl
  • Neighborhood: La Mesa
  • LP / Sq Ft: 20.87
  • Stories: 2 Story
  • Sale Price List Price: 1.03
  • Total Stories: 2
  • Year Built: 1959
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition
  • View: Mountains/Hills

Utilities

  • Cooling: Central Forced Air

Condo/Co-op/Association

  • Community: LA MESA

Lot Info

  • Lot Size: .25 to .5 AC
  • Assessor Parcel Number: 469-420-17
  • Estimated Lot Sq Ft: 13400

Multi Family

  • No. of Units: 2
  • Annual Expense Projected: 21564
  • Gross Rent Multiplier Projected: 15.2
  • Gross Sched Income Projected: 71880
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2019
Closed on
Jan 24, 2020
Sold by
Iverson Gerry C and Franceschiello Denise S
Bought by
R Family Llc
Seller's Agent
Sal Carranza
Flying Dog Enterprises Inc
Buyer's Agent
Dan Brophy
Flying Dog Enterprises Inc
List Price
$640,000
Sold Price
$465,000
Premium/Discount to List
-$175,000
-27.34%
Current Estimated Value
$1,244,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$779,795
Avg. Annual Appreciation
19.15%
Original Mortgage
$348,750
Outstanding Balance
$310,257
Interest Rate
3.74%
Mortgage Type
Construction
Estimated Equity
$934,538

Purchase Details

Closed on
Aug 18, 1993
Sold by
Iverson Paul D and Iverson Gerry C
Bought by
Iverson Paul D and Iverson Gerry C
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
R Family Llc $465,000 Chicago Title Company Sd
Iverson Paul D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R Family Llc $348,750
Previous Owner Iverson Paul D $544,185
Previous Owner Iverson Paul D $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2022 01/12/22 Sold $1,080,000 +2.9% $474 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/09/2021 12/09/21 Price Changed $1,050,000 -4.1% $461 / Sq Ft
12/08/2021 12/08/21 For Sale $1,095,000 0.0% $480 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $1,095,000 +135.5% $480 / Sq Ft
02/07/2020 02/07/20 Sold $465,000 -27.3% $322 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
12/13/2019 12/13/19 For Sale $640,000 -- $444 / 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 $13,879 $1,139,735 $636,724 $503,011
2024 $13,879 $1,117,389 $624,240 $493,149
2023 $13,481 $1,095,480 $612,000 $483,480
2022 $7,791 $602,060 $309,170 $292,890
2021 $6,244 $464,765 $303,108 $161,657
2020 $1,665 $81,277 $19,616 $61,661
2019 $1,695 $79,684 $19,232 $60,452
2018 $1,660 $78,122 $18,855 $59,267
2017 $1,631 $76,591 $18,486 $58,105
2016 $1,579 $75,090 $18,124 $56,966
2015 $1,556 $73,963 $17,852 $56,111
2014 $1,520 $72,515 $17,503 $55,012
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210029175

San Diego MLS

APN: 469-420-17