NOT LISTED FOR SALE

7675 Madison Ave Lemon Grove, CA 91945

Estimated Value: $706,000 - $724,000

3 Beds
1 Bath
986 Sq Ft
$724/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $535,000 $543 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,344/month

12 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Level Lot
  • Living Room
  • Partially Fenced Property
  • 4-minute walk to Treganza Heritage Park

About This Home

As of November 2021

Welcome to this Lemon Gove diamond in the rough! This 3bd/1ba is ready for a brilliant makeover to create a beautiful family home. Located on a large lot in a quiet and safe neighborhood, this property is minutes from shopping and restaurants. The home features HVAC, granite counters and original hard wood floors, just to name a few. Hurry because at this price point, the home will go fast.

Last Agent to Sell the Property

John Summerfruit

Keller Williams San Diego Metro License #01860059 Listed on: 10/01/2021

Keller Williams San Diego Metro

Last Buyer's Agent

Maria Pena

Keller Williams SD Metro License #01361665

Keller Williams SD Metro

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 6,000 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 986 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 480-263-04-00

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: East County
  • Cross Street: Olive
  • Neighborhood: Lemon Grove
  • LP / Sq Ft: 506.09
  • Price Per Sq Ft: 542.6
  • SP/ Sq Ft: 542.6
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1950
  • 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

  • Equipment Available: Dishwasher, Refrigerator, Gas Range
  • Searchable Rooms: Bedroom Entry Level, Kitchen, Living Room, All Bedrooms Down
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 14x10
  • Full Bathrooms: 1
  • Laundry Location: Garage
  • Estimated Sq Ft: 986
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Parking Spaces Total: 4

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Community: LEMON GROVE

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Assessor Parcel Number: 480-263-04-00
  • Estimated Lot Sq Ft: 6000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2024
Sold by
Sanchez Velazquez and Sanchez Esveida
Bought by
Ochoa Joel
Current Estimated Value
$714,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,408
Outstanding Balance
$617,576
Interest Rate
7.03%
Mortgage Type
FHA
Estimated Equity
$96,504

Purchase Details

Listed on
Oct 1, 2021
Closed on
Oct 26, 2021
Sold by
Fulpen Linda Marie Van and Polanski Family Living Trust
Bought by
Velazquez Jaime and De Velazquez Esveida
Seller's Agent
John Summerfruit
Keller Williams San Diego Metro
Buyer's Agent
Maria Pena
Keller Williams SD Metro
List Price
$499,000
Sold Price
$535,000
Premium/Discount to List
$36,000
7.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$428,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2021
Sold by
Edward Polanski James
Bought by
Polanski Family Living Trust

Purchase Details

Closed on
Sep 10, 2020
Sold by
Polanski James Edward
Bought by
Polanski James Edward and The Polanski Family Living Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2018
Sold by
Polanski James Edward
Bought by
Polanski James Edward and Polanski Family Living Trust

Purchase Details

Closed on
Mar 3, 1999
Sold by
Arata Michael K and Reshes Shelly
Bought by
Polanski James Edward and Polanski Martha F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,083
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 18, 1992
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ochoa Joel $640,000 Ticor Title Company
Velazquez Jaime $535,000 Wfg Title Co Of Ca San Diego
Polanski Family Living Trust -- --
Polanski James Edward -- Accommodation
Polanski James Edward -- First American Title Company
Polanski James Edward -- None Available
Polanski James Edward -- None Available
Polanski James Edward -- None Available
Polanski James Edward $138,000 First American Title
-- $126,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochoa Joel $628,408
Previous Owner Velazquez Jaime $428,000
Previous Owner Polanski James Edward $305,000
Previous Owner Polanski James Edward $137,083
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2021 11/15/21 Sold $535,000 +7.2% $543 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $499,000 -- $506 / 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 $7,371 $652,799 $488,075 $164,724
2024 $7,371 $556,614 $416,160 $140,454
2023 $7,181 $545,700 $408,000 $137,700
2022 $7,143 $535,000 $400,000 $135,000
2021 $3,033 $199,844 $70,255 $129,589
2020 $2,992 $197,796 $69,535 $128,261
2019 $3,014 $193,919 $68,172 $125,747
2018 $2,860 $190,118 $66,836 $123,282
2017 $150 $186,391 $65,526 $120,865
2016 $2,707 $182,738 $64,242 $118,496
2015 $2,691 $179,995 $63,278 $116,717
2014 $2,592 $176,470 $62,039 $114,431
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210027705

San Diego MLS

APN: 480-263-04