NOT LISTED FOR SALE

7201, 7221-23 Saranac St San Diego, CA 92115

College East Neighborhood

Estimated Value: $764,000 - $4,227,715

5 Beds
3 Baths
2,923 Sq Ft
$631/Sq Ft Est. Value

Last Sold November 06, 2017

Last sale price $899,000 $308 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $10,506/month

About This Home

As of November 2017

GREAT OPPORTUNITY FOR CONTRACTOR-DEVELOPER. PROPERTY HIGHLY DEVELOPABLE. ZONING RM-1-1 (RESIDENTIAL MULTI FAMILY ZONING-1 UNIT PER 3000 SQ FT; TOTAL 3 PARCELS=25,011 SF). Large lots--majority of the lot is flat and usable. Listing price was obtained from appraisal as of 8/26/17. (APN 469-080-01-00) has 2 lots with a SF home; 1336 sf, 3br, 1ba, 2 car gar on .37 ac. (APN 469-080-02-00) is 1 lot with SF home, 1223 sf, 2br, 1ba and separate studio, 399 sf. on .20 ac. This sale could be a potential goldmine for a developer/flipper. This area provides wealth of opportunities and choices--many shopping centers, churches, local parks, restaurants, SDSU, Lake Murray, and easy freeway access.7

Last Agent to Sell the Property

Cheryl Holtsclaw

Dimensions In Real Estate License #01070024 Listed on: 10/12/2017

Co-Listed By

Roger Holtsclaw

Dimensions In Real Estate License #00336381

Last Buyer's Agent

Abe Cohen

Countywide HomeLoan ofSoCalInc License #01516246

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,507

Year Built

  • 1942

Lot Details

  • 0.37

Parking

  • RV Potential

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 469-080-01-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,507

Year Built

1942

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: 72nd
  • Neighborhood: La Mesa Colony
  • Supplement: This sale could be a potential goldmine for a developer/flipper. This area provides wealth of opportunities and choices--many shopping centers, churches, local parks, restaurants, SDSU, Lake Murray, and easy freeway access.7
  • Miscellaneous: Value in Land
  • Stories: 1 Story
  • Sale Price List Price: 0.96
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1942

Exterior Features

  • Exterior Material: Stucco, Wood
  • Roof: Composition

Garage/Parking

  • Parking for RV: Potential Space

Utilities

  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: SAN DIEGO

Lot Info

  • Lot Size: .5 to 1 AC
  • Zoning: RM-1-1
  • Assessor Parcel Number: 469-080-01-00
  • Land Use Code: RM1

Multi Family

  • No. of Units: 3
  • Number Of Buildings: 3
  • Number Of Units With Fireplaces: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2017
Closed on
Nov 3, 2017
Sold by
Murrell Nancy J
Bought by
Cohen Abe
Seller's Agent
Cheryl Holtsclaw
Dimensions In Real Estate
Buyer's Agent
Abe Cohen
Countywide HomeLoan ofSoCalInc
List Price
$933,000
Sold Price
$899,000
Premium/Discount to List
-$34,000
-3.64%
Current Estimated Value
$1,843,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$944,929
Avg. Annual Appreciation
9.90%
Original Mortgage
$584,000
Interest Rate
3.83%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 13, 2010
Sold by
Murrell Jean L
Bought by
Murrell Jean L and Murrell Nancy J
Source: Public Records

Range of Values:

Collateral Analytics

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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
Cohen Abe $899,000 First American Title
Murrell Jean L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Countywide Home Loan Of Southe $1,125,800
Closed Cohen Abe $0
Closed Cohen Abe $584,000
Previous Owner Murrell Jean L $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2017 11/06/17 Sold $899,000 -3.6% $308 / Sq Ft
10/13/2017 10/13/17 Pending -- -- --
10/12/2017 10/12/17 For Sale $933,000 -- $319 / 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 $5,507 $455,130 $455,130 --
2024 $5,507 $446,206 $446,206 --
2023 $5,386 $437,457 $437,457 $0
2022 $5,243 $428,880 $428,880 $0
2021 $5,208 $420,471 $420,471 $0
2020 $5,983 $483,786 $416,160 $67,626
2019 $5,876 $474,300 $408,000 $66,300
2018 $5,494 $465,000 $400,000 $65,000
2017 $80 $68,631 $41,183 $27,448
2016 $820 $67,286 $40,376 $26,910
2015 $808 $66,276 $39,770 $26,506
2014 $796 $64,978 $38,991 $25,987
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Cheryl Holtsclaw

    Dimensions In Real Estate

    Section Image

  • R

    Seller Co-Listing Agent in 2017

    Roger Holtsclaw

    Dimensions In Real Estate

  • A

    Buyer's Agent in 2017

    Abe Cohen

    Countywide HomeLoan ofSoCalInc

    (619) 339-5570

    1 in this area

    2 Total Sales

    Abe Cohen
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 170053298

San Diego MLS

APN: 469-080-01

California San Diego County San Diego 91942 College East

7201, 7221-23 Saranac St, San Diego, CA

This home is located at 7201, 7221-23 Saranac St, San Diego, CA 92115 since 12 October 2017 and is currently estimated at $1,843,929, approximately $630 per square foot. This property was built in 1942. 7201, 7221-23 Saranac St is a home located in San Diego County with nearby schools including Clay Elementary School, Mann Middle School, and Crawford High School.

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