NOT LISTED FOR SALE

7501 Prairie Mound Way San Diego, CA 92139

Bay Terraces Neighborhood

Estimated Value: $750,000 - $829,000

6 Beds
2 Baths
1,780 Sq Ft
$439/Sq Ft Est. Value

Last Sold April 05, 2022

Last sale price $650,000 $365 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,832/month

Highlights

  • Private Yard
  • Fireplace
  • Views
  • No HOA
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of April 2022

CASH FLOW INVESTMENT OPPORTUNITY currently run as an Independent Living Facility. This 6 Bedroom home in Skyline/Bay Terrace neighborhood of San Diego offers close access to shopping and the freeway. Rent roll, disclosures and financials available by request. HUGE POTENTIAL to obtain license for Senior Independent Living and expand options by providing home health care services through licensed specialists. Property is fully occupied.

Last Agent to Sell the Property

Patrick Hale

The Local Realty Inc. License #01777558 Listed on: 02/11/2022

Last Buyer's Agent

Natalie Eyler

KC Realty Group License #01903046

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,251

Year Built

  • Built in 1965

Lot Details

  • 6,700 Sq Ft Lot
  • Sprinkler System
  • Private Yard
  • Property is zoned R-1:SINGLE FAM-RES

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,780 Sq Ft Home
  • Fireplace
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 4913
  • Assessor Parcel Number 5861401600
  • $33 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,251

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5861401600
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1780.00
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Levels: One
  • Price Per Square Foot: 365.17

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: Yes
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 6700.00
  • Lot Size Acres: 0.1538

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6700.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: 004913
  • TaxOtherAnnualAssessmentAmount: 32.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Feb 25, 2022
Sold by
Advantage Property Fund Spe Llc
Bought by
Amado Holdings Llc
Seller's Agent
Patrick Hale
The Local Realty Inc.
Buyer's Agent
Natalie Eyler
KC Realty Group
Sold Price
$650,000
Current Estimated Value
$781,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,553
Avg. Annual Appreciation
5.42%
Original Mortgage
$487,500
Outstanding Balance
$455,328
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$326,225

Purchase Details

Closed on
Feb 26, 2019
Sold by
City Redevelopment Llc
Bought by
Advantage Property Fund Spe Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,485,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Listed on
May 21, 2015
Closed on
Jun 3, 2015
Sold by
Allen Willie and Allen Luz B
Bought by
City Redevelopment Llc
Seller's Agent
Edna Mitchell
Finest City Homes
Buyer's Agent
Risa Demetrio
SD Upside Down
List Price
$323,500
Sold Price
$323,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.98%
Original Mortgage
$260,000
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 1996
Sold by
Marks Gardenia
Bought by
Allen Willie and Allen Luz B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,698
Interest Rate
7.34%
Mortgage Type
VA

Purchase Details

Closed on
Sep 28, 1995
Sold by
Marks Thomas Henry and Marks Gardenia
Bought by
Marks Gardenia
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
Amado Holdings Llc $650,000 First American Title
Advantage Property Fund Spe Llc -- None Available
City Redevelopment Llc $323,500 Ticor Title San Diego Branch
Allen Willie $140,000 Commonwealth Land Title Co
Marks Gardenia -- Commonwealth Land Title Co
Marks Gardenia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amado Holdings Llc $487,500
Previous Owner Advantage Property Fund Spe Llc $3,485,000
Previous Owner City Redevelopment Llc $260,000
Previous Owner Allen Willie $142,698
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2022 04/05/22 Sold $650,000 +100.9% $365 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
06/29/2015 06/29/15 Sold $323,500 0.0% $200 / Sq Ft
05/29/2015 05/29/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $323,500 -- $200 / 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 $8,251 $689,780 $424,480 $265,300
2024 $8,251 $669,000 $411,000 $258,000
2023 $7,641 $621,000 $382,000 $239,000
2022 $5,028 $410,683 $143,191 $267,492
2021 $4,994 $402,632 $140,384 $262,248
2020 $4,934 $398,504 $138,945 $259,559
2019 $4,327 $348,534 $136,221 $212,313
2018 $4,046 $341,700 $133,550 $208,150
2017 $3,950 $335,001 $130,932 $204,069
2016 $3,886 $328,433 $128,365 $200,068
2015 $2,218 $193,358 $75,572 $117,786
2014 -- $189,571 $74,092 $115,479
Source: Public Records

Agents Affiliated with this Home

  • Patrick Hale

    Seller's Agent in 2022

    Patrick Hale

    The Local Realty Inc.

    (866) 538-6057

    1 in this area

    30 Total Sales

    Patrick Hale
    Section Image

  • N

    Buyer's Agent in 2022

    Natalie Eyler

    KC Realty Group

    (714) 718-0995

    1 in this area

    21 Total Sales

    Natalie Eyler
    Section Image
  • Edna Mitchell

    Seller's Agent in 2015

    Edna Mitchell

    Finest City Homes

    (619) 565-0124

    2 in this area

    80 Total Sales

    Edna Mitchell
    Section Image

  • R

    Buyer's Agent in 2015

    Risa Demetrio

    SD Upside Down

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2200719

California Regional Multiple Listing Service (CRMLS)

APN: 586-140-16

California San Diego County San Diego 92139 Bay Terraces

7501 Prairie Mound Way, San Diego, CA

This home is located at 7501 Prairie Mound Way, San Diego, CA 92139 since 11 February 2022 and is currently estimated at $781,553, approximately $439 per square foot. This property was built in 1965. 7501 Prairie Mound Way is a home located in San Diego County with nearby schools including Boone Elementary School, Bell Middle School, and Morse 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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