NOT LISTED FOR SALE

7747 Margerum Ave Unit 232 San Diego, CA 92120

San Carlos Neighborhood

Estimated Value: $398,504 - $443,000

1 Bed
1 Bath
635 Sq Ft
$301/mo HOA Fee

Last Sold January 15, 2021

Last sale price $290,000 $457 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,782/month

8 Days on Market

Highlights

  • Fitness Center
  • 4.61 Acre Lot
  • Community Pool
  • Marvin Elementary School Rated A
  • Clubhouse
  • 4-minute walk to Rancho Mission Canyon Park

About This Home

As of January 2021

This is your chance to own a charming, affordable pied-à-terre at the always-in-demand Mission Trails Villas. This is a premium top floor corner unit in one of the quietest parts of the community and close to all the resort-like amenities - large sparkling pool/hot tub, tennis court, and 2 gyms. The condo has fresh designer paint, recessed lighting, in-unit laundry, a new skylight, and a new roof in 2019. One of only a handful of units with a fireplace. 1 deeded parking space and 1 visitor parking pass. Mission Trails Villas is a non-smoking community. Pet rules - 1 domesticated animal, no weight limit. Conveniently located close to Mission Valley, Cowles Mountain and Mission Trails Regional Park, East County, and the 8 and 15 freeways. Assigned schools are all highly rated from Great Schools - Marvin Elementary (9), Lewis Middle (8), and Patrick Henry High (8). Complex has newly installed solar system in 2019 that keeps the association's electric bill very low.

Last Agent to Sell the Property

Greg Von Herzen

VH Properties License #01749126 Listed on: 11/12/2020

Last Buyer's Agent

Lisa Vomero-Inouye

LPT Realty License #01316581

LPT Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,811

Year Built

  • Built in 1978

Lot Details

  • 4.61

HOA Fees

  • $301 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Stucco Exterior

Interior Spaces

  • 635 Sq Ft Home
  • 2-Story Property
  • Family Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System

Listing and Financial Details

  • Assessor Parcel Number 456-310-11-64

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, hot water, limited insurance, roof maintenance, sewer, termite, water
  • 16 Units
  • N.N. Jaeschke, Inc. Association, Phone Number (858) 795-7022
  • Mission Trails Villas Community

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Billiard Room

Recreation

  • Sport Court
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,811

Year Built

Built in 1978

Lot Details

0

HOA Fees

$301 per month

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Metro Uptown
  • Cross Street: Mission Gorge Rd
  • Neighborhood: San Carlos
  • Supplement: Mission Trails Villas is a non-smoking community. Pet rules - 1 domesticated animal, no weight limit. Conveniently located close to Mission Valley, Cowles Mountain and Mission Trails Regional Park, East County, and the 8 and 15 freeways. Assigned schools are all highly rated from Great Schools - Marvin Elementary (9), Lewis Middle (8), and Patrick Henry High (8). Complex has newly installed solar system in 2019 that keeps the association's electric bill very low.
  • LP / Sq Ft: 453.54
  • Price Per Sq Ft: 456.69
  • SP/ Sq Ft: 456.69
  • Stories: 1 Story
  • Stories In Building: 2
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1978
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Searchable Rooms: Family Room
  • Total Bedrooms: 1
  • Bedrooms: 1
  • Master Bedroom Dimensions: 13x11
  • Full Bathrooms: 1
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 635
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Stucco
  • Pool: Community/Common

Garage/Parking

  • Non Garage Parking: Assigned
  • Parking Spaces Total: 1

Utilities

  • Cooling: Wall/Window
  • Laundry Utilities: Electric
  • Sewer/Septic: Public Sewer
  • Water: Public
  • Heating: Wall/Gravity
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Mission Trails Villas
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 16
  • Total Number of Units: 133
  • Community: DEL CERRO
  • Home Owner Association: N.N. Jaeschke, Inc.
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Hot Water, Limited Insurance, Roof Maintenance, Sewer, Termite, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 301.15
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 8587957022
  • Association Amenities: Billiard Room, Club House, Gym/Ex Room, Hot Water, Pets Permitted, Spa, Sport Court, Barbecue, Pool

Association/Amenities

  • Entry Level Unit: 2

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 456-310-11-64
  • Estimated Lot Sq Ft: 200644
  • Estimated Number of Acres: 4.61
  • Map Code Column: C
  • Map Code Page: 1250
  • Map Code Row: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Dec 5, 2020
Sold by
Spencer David M and Pola Suresh
Bought by
Mason Erika A
Seller's Agent
Greg Von Herzen
VH Properties
Buyer's Agent
Lisa Vomero-Inouye
LPT Realty
List Price
$288,000
Sold Price
$290,000
Premium/Discount to List
$2,000
0.69%
Current Estimated Value
$413,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,126
Avg. Annual Appreciation
7.63%
Original Mortgage
$284,747
Outstanding Balance
$253,555
Interest Rate
2.71%
Mortgage Type
FHA
Estimated Equity
$159,571

Purchase Details

Closed on
Oct 1, 2018
Sold by
Pola Suresh
Bought by
Spencer David M and Pola Suresh

Purchase Details

Closed on
Jul 30, 2018
Sold by
Spencer David
Bought by
Pola Suresh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2018
Sold by
Morrison Robin J
Bought by
Pola Suresh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2006
Sold by
Allied Gardens Investors Lp
Bought by
Morrison Robin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,133
Interest Rate
6.21%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Mason Erika A $290,000 Lawyers Title Company
Spencer David M -- None Available
Pola Suresh -- Lawyers Title
Pola Suresh $250,000 Lawyers Title
Morrison Robin J $259,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mason Erika A $284,747
Previous Owner Pola Suresh $187,500
Previous Owner Morrison Robin J $236,133
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2021 01/15/21 Sold $290,000 +0.7% $457 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $288,000 -- $454 / 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 $3,811 $313,902 $137,811 $176,091
2024 $3,811 $307,748 $135,109 $172,639
2023 $3,727 $301,714 $132,460 $169,254
2022 $3,628 $295,799 $129,863 $165,936
2021 $3,205 $257,639 $113,110 $144,529
2020 $3,166 $254,999 $111,951 $143,048
2019 $3,110 $250,000 $109,756 $140,244
2018 $2,356 $205,000 $90,000 $115,000
2017 $2,170 $190,000 $84,000 $106,000
2016 $1,825 $160,000 $71,000 $89,000
2015 $1,473 $130,000 $58,000 $72,000
2014 $1,479 $130,000 $58,000 $72,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200051416

San Diego MLS

APN: 456-310-11-64