NOT LISTED FOR SALE

7530 Chicago Dr La Mesa, CA 91941

Estimated Value: $1,606,000 - $1,866,000

5 Beds
4 Baths
3,520 Sq Ft
$493/Sq Ft Est. Value

Last Sold January 04, 2024

Last sale price $1,650,000 $469 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $10,497/month

Highlights

  • Solar Heated In Ground Pool
  • Panoramic View
  • Deck
  • Solar Power System
  • Open Floorplan
  • Wood Flooring

About This Home

As of January 2024

Welcome to 7530 Chicago Dr., a stunning 5-bedroom, 4-bathroom haven nestled in the coveted Serramar community. This upgraded luxury Plan 7 residence boasts an array of exquisite features that redefine upscale living. Step inside and experience the allure of 10' ceilings gracing both floors, complemented by travertine tile, Brazilian cherrywood hardwood floors, and plush high-end carpeting. The seamless fusion of the family room and kitchen creates an inviting space, perfect for hosting gatherings. A custom fireplace with a mantle sets the ideal ambiance, while the formal dining room and comfortable living area offer versatile settings for relaxation. The kitchen is a culinary marvel, showcasing sleek design with a spacious center island, granite countertops, and dark cabinetry. Revel in the expansive walk-in pantry and the butler's pantry, offering convenience and elegance for staging meals or serving as an additional bar area. Custom Pella sliding glass doors frame picturesque views of the landscaped backyard and mountains, infusing the home with natural light and a sense of openness. The first floor boasts a generously sized bedroom and full bath, while upgraded backsplashes adorn all bathrooms. Crown molding throughout and custom window plantation shutters add a touch of sophistication, elevating the home's ambiance. The primary suite is a sanctuary of luxury, featuring a spa-like bathroom with a floating tub, custom tiled shower enclosure, and separate dual sinks. The expansive walk-in closet and large closets in every bedroom ensure ample storage. Entertainment options abound with a large bonus room perfect for a home office, gym, or entertainment space. Revel in breathtaking views of mountains, valleys, canyons, and city lights from the comfort of your home. Outside, the beautifully landscaped yard boasts low-water-use and drought-resistant plants, with recent major renovations including a brand-new saltwater pool, jacuzzi spa, gas firepit with seating area, and a full outdoor kitchen—an entertainer's paradise. Beyond the luxury of the home, Serramar offers a coveted lifestyle, conveniently located near La Mesa Village's trendy restaurants, coffee houses, breweries, antique shops, and the hidden steps of La Mesa. Easy access to major freeways connects you to Downtown, South Bay, beaches, and North County, making this an ideal location. Discover more than a home—embrace a lifestyle of luxury and convenience at 7530 Chicago Dr.

Last Agent to Sell the Property

Richard Woods

Woods Real Estate Services Inc License #01412706 Listed on: 12/06/2023

Last Buyer's Agent

Josette Alvarez

Compass License #01931420

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • 0.25 Acre Lot
  • Cul-De-Sac
  • Gated Home
  • Property is Fully Fenced
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Property is zoned R-1:SINGLE

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Valley
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Clay Roof
  • Stucco Exterior
  • Copper Plumbing

Interior Spaces

  • 3,520 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Interior Storage Closet

Kitchen

  • Double Self-Cleaning Convection Oven
  • Electric Oven
  • Built-In Range
  • Stove
  • Range Hood
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Shower Only
  • Low Flow Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors are 36 inches wide or more
  • Doors are 32 inches wide or more

Eco-Friendly Details

  • Solar Power System

Pool

  • Solar Heated In Ground Pool
  • In Ground Spa
  • Gas Heated Pool
  • Pool Equipment or Cover

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected
  • Separate Water Meter
  • Gas Water Heater
  • Prewired Cat-5 Cables
  • Cable TV Available

Community Details

  • Association fees include common area maintenance, limited insurance
  • Serramar Oa Association, Phone Number (858) 602-3470

Listing and Financial Details

  • Assessor Parcel Number 475-620-29-00

Home Details

Home Type

Single Family

Year Built

Built in 2007 | Remodeled

Lot Details

0

HOA Fees

$195 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Mediterranean/Spanish
  • Residential Styles: Detached
  • Property Condition: Turnkey, Updated/Remodeled
  • Market Area: East County
  • Cross Street: Miami Dr
  • Neighborhood: Serramar
  • Supplement: The expansive walk-in closet and large closets in every bedroom ensure ample storage. Entertainment options abound with a large bonus room perfect for a home office, gym, or entertainment space. Revel in breathtaking views of mountains, valleys, canyons, and city lights from the comfort of your home. Outside, the beautifully landscaped yard boasts low-water-use and drought-resistant plants, with recent major renovations including a brand-new saltwater pool, jacuzzi spa, gas firepit with seating area, and a full outdoor kitchen—an entertainer's paradise. Beyond the luxury of the home, Serramar offers a coveted lifestyle, conveniently located near La Mesa Village's trendy restaurants, coffee houses, breweries, antique shops, and the hidden steps of La Mesa. Easy access to major freeways connects you to Downtown, South Bay, beaches, and North County, making this an ideal location. Discover more than a home—embrace a lifestyle of luxury and convenience at 7530 Chicago Dr.
  • Estimated Living Space: 3,000 to 3,999 SqFt
  • LP / Sq Ft: 525.57
  • Price Per Sq Ft: 468.75
  • SP/ Sq Ft: 468.75
  • Stories: 2 Story
  • Accessibility Features: 32 Inch+ Wide Doors, 36 Inch+ Wide Halls
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 2007
  • 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

  • Interior Amenities: Balcony, Bathtub, Ceiling Fan, Copper Plumbing Full, Crown Moldings, Granite Counters, High Ceilings (9 Feet+), Kitchen Island, Low Flow Shower, Low Flow Toilet(s), Open Floor Plan, Pantry, Recessed Lighting, Shower, Shower In Tub, Storage Space, Unfurnished, Kitchen Open To Family Rm
  • Flooring: Carpet, Tile, Wood
  • Sub Flooring: Slab on Grade
  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Pool/Spa/Equipment, Range/Oven, Refrigerator, Solar Panels, Washer, Built In Range, Convection Oven, Double Oven, Electric Oven, Energy Star Appliances, Gas Stove, Grill, Ice Maker, Range/Stove Hood, Self Cleaning Oven, Vented Exhaust Fan, Barbecue, Water Line to Refr, Gas Range, Built-In, Counter Top, Gas Cooking
  • Fireplaces: 1
  • Fireplace: Fp In Family Room
  • Walls: Drywall
  • Total Bedrooms: 5
  • Bedrooms: 5
  • Master Bedroom Dimensions: 19x17
  • Full Bathrooms: 4
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 3520
  • Total Bathrooms: 4

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full, Gate
  • Patio: Covered, Deck, Slab, Concrete, Patio, Patio Open, Porch, Porch - Front
  • Pool: Below Ground
  • Pool Heat: Gas, Solar
  • Roof: Tile/Clay
  • Spa: Private Below Ground
  • Spa Heat: Gas
  • View: Evening Lights, Mountains/Hills, Panoramic, Valley/Canyon, Neighborhood

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 3
  • Non Garage Parking: Driveway - Concrete
  • Parking Spaces Total: 5

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric, Gas
  • Security: Eqpt Owned, Security System, Smoke Detector, Wired for Alarm System, Carbon Monoxide Detectors, Fire/Smoke Detection Sys
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas
  • Telecommunications: Computer (cat5)
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Underground Utilities, Sewer Connected, Water Connected

Condo/Co-op/Association

  • Pets Allowed: Allowed w/Restrictions
  • Property Management Company: Menas
  • Community: LA MESA
  • Home Owner Association: Serramar OA
  • Home Owner Association Fee Includes: Common Area Maintenance, Limited Insurance
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 195.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-602-3470

Lot Info

  • Irrigation: Automatic, Sprinklers
  • Lot Size: .25 to .5 AC
  • Site: Cul-De-Sac, Curbs, Public Street, Sidewalks, Street Paved, Landscaped, Sprinklers In Front, Sprinklers In Rear
  • Topography: Level
  • Water District: HELIX WATER DISTRICT
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 475-620-29-00
  • Estimated Lot Sq Ft: 10672
  • Estimated Number of Acres: 0.25
  • Map Code Column: G
  • Map Code Page: 1270
  • Map Code Row: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Dec 11, 2023
Sold by
Arias Richard L and Arias Julie
Bought by
Merlo Joseph and Merlo Stacey
Seller's Agent
Richard Woods
Woods Real Estate Services Inc
Buyer's Agent
Josette Alvarez
Compass
List Price
$1,850,000
Sold Price
$1,650,000
Premium/Discount to List
-$200,000
-10.81%
Current Estimated Value
$1,734,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,218
Avg. Annual Appreciation
2.56%
Original Mortgage
$1,280,000
Outstanding Balance
$1,257,883
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$476,335

Purchase Details

Closed on
Mar 5, 2019
Sold by
Arias Richard L and Bryan Cheryl
Bought by
Arias Richard L and Arias Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 10, 2018
Sold by
Arias Julie Marie
Bought by
Arias Richard

Purchase Details

Closed on
Aug 28, 2018
Sold by
Cauthen Jeffrey Alan and Cauthen Ching Yu
Bought by
Arias Richard and Bryan Cheryl

Purchase Details

Closed on
Jul 5, 2011
Sold by
Cauthen Jeffrey A and Cauthen Ching Yu
Bought by
Cauthen Jeffrey Alan and Cauthen Ching Yu

Purchase Details

Closed on
May 6, 2008
Sold by
Lmd Eastridge Llc
Bought by
Cauthen Jeffrey A and Cauthen Ching Yu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2005
Sold by
Mercier Kimberly
Bought by
Mercier Rick

Purchase Details

Closed on
Apr 22, 2003
Sold by
Wardley Development Inc
Bought by
Lmd Eastridge Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,155,000
Interest Rate
5.54%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Merlo Joseph $1,650,000 Lawyers Title Company
Arias Richard L -- Old Republic Title Company
Arias Richard -- Lawyers Title Company
Arias Richard $979,000 Lawyers Title Company
Cauthen Jeffrey Alan -- None Available
Cauthen Jeffrey A $800,000 First American Title
Mercier Rick -- First American Title Co
Lmd Eastridge Llc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merlo Joseph $1,280,000
Previous Owner Arias Richard L $780,000
Previous Owner Cauthen Jeffrey A $350,000
Previous Owner Lmd Eastridge Llc $38,155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2024 01/04/24 Sold $1,650,000 -10.8% $469 / Sq Ft
12/06/2023 12/06/23 For Sale $1,850,000 -- $526 / Sq Ft
12/02/2023 12/02/23 Pending -- -- --
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 $14,588 $1,683,000 $948,600 $734,400
2024 $14,588 $1,147,721 $431,492 $716,229
2023 $13,285 $1,050,218 $423,032 $627,186
2022 $13,045 $1,029,627 $414,738 $614,889
2021 $12,748 $1,009,439 $406,606 $602,833
2020 $12,270 $999,089 $402,437 $596,652
2019 $11,973 $979,000 $394,094 $584,906
2018 $9,670 $785,000 $316,000 $469,000
2017 $51 $785,000 $316,000 $469,000
2016 $9,170 $750,000 $302,000 $448,000
2015 $8,653 $700,000 $282,000 $418,000
2014 $8,657 $700,000 $282,000 $418,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230023503

San Diego MLS

APN: 475-620-29