NOT LISTED FOR SALE

7940 University Ave Unit 11 La Mesa, CA 91942

Estimated Value: $490,000 - $507,000

2 Beds
1.5 Baths
992 Sq Ft
$503/Sq Ft Est. Value

Last Sold December 14, 2012

Last sale price $165,000 $166 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $3,307/month

75 Days on Market

Highlights

  • Community Pool
  • Laundry Room
  • Forced Air Heating and Cooling System
  • La Mesa Arts Academy Rated A-
  • Detached Carport Space
  • Hot Water Heating System

About This Home

As of December 2012

Lovely gated complex in a great location, close to shopping, dining and freeways. Two large bedrooms upstairs featuring vaulted ceilings. Spacious living room, bright and open. One car garage...VA approved!

Last Agent to Sell the Property

Jennie Strangman

Big Block Realty, Inc License #01258374 Listed on: 08/31/2012

Big Block Realty, Inc

Co-Listed By

Leah McIvor

Coldwell Banker Realty License #01912055

Coldwell Banker Realty

Last Buyer's Agent

Leah McIvor

Coldwell Banker Realty License #01912055

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,413

Year Built

  • Built in 1979

Lot Details

  • 1.91 Acre Lot
  • Level Lot

HOA Fees

  • $295 Monthly HOA Fees

Parking

  • 1 Open Parking Space
  • 1 Car Garage
  • Detached Carport Space
  • Parking Available

Home Design

  • Duplex
  • Tile Roof
  • Stucco

Interior Spaces

  • 992 Sq Ft Home
  • 2-Story Property

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 4703301011

Community Details

Overview

  • 40 Units
  • Hazlit Enterprises Association, Phone Number (760) 480-2800
  • Villa De Fanta

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,413

Year Built

Built in 1979

Lot Details

0

HOA Fees

$295 per month

Parking

1

Listing Details

  • Park Name: Villa De Fanta
  • Property Attached: Yes
  • Subdivision Name Other: LA MESA
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 4703301011
  • Year Built: 1979
  • Special Features: 12

Interior Features

  • Living Area: 992.00 Square Feet
  • Stories: 2
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: Two
  • Price Per Square Foot: 166.33

Exterior Features

  • Pool Features: Community
  • Pool Private: No
  • Roof: Tile
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Community, Gas Dryer Hookup
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Hot Water
  • Association Fee: 295.00
  • Association Fee Frequency: Monthly
  • Association Name: Hazlit Enterprises
  • Phone: 760-480-2800
  • Senior Community: No

Schools

  • School District: Grossmont Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 83197.00
  • Lot Size Acres: 1.9099

Multi Family

  • Lot Size Area: 83197.0000 Square Feet
  • Number Of Units In Community: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2020
Sold by
Bayless Ekaterina N
Bought by
Bayless Ekaterina N
Current Estimated Value
$498,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,133
Outstanding Balance
$288,058
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$210,540

Purchase Details

Closed on
Oct 19, 2017
Sold by
Bayless Christopher
Bought by
Bayless Ekaterina N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,975
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2017
Sold by
Kerstetter Danielle Marie
Bought by
Kerstetter Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,975
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2017
Sold by
Kerstetter Kyle
Bought by
Bayless Ekaterina N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,975
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 31, 2012
Closed on
Nov 9, 2012
Sold by
Franckowiak Alvin
Bought by
Kerstetter Kyle
Seller's Agent
Jennie Strangman
Big Block Realty, Inc
Buyer's Agent
Leah McIvor
Coldwell Banker Realty
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$156,750
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Franckowiak Alvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,674
Interest Rate
4.76%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 17, 2009
Sold by
Brown Rebecca L
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Aug 21, 2000
Sold by
Rosenborg Richard L
Bought by
Brown Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
8.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 1998
Sold by
Rosenborg Rutger
Bought by
Rosenborg Richard L

Purchase Details

Closed on
Dec 17, 1997
Sold by
Rutger Rosenborg
Bought by
Rosenborg Richard L

Purchase Details

Closed on
Jan 12, 1984
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
Bayless Ekaterina N -- Lawyers Title Sd
Bayless Ekaterina N -- California Title Company
Kerstetter Kyle -- California Title Company
Bayless Ekaterina N -- California Title Company
Kerstetter Kyle $165,000 First American Title San Die
Franckowiak Alvin $175,000 Landsafe Title
Bac Home Loans Servicing Lp $148,500 Landsafe Title
Brown Rebecca L $127,000 California Title Company
Rosenborg Richard L -- Commonwealth Land Title Ins
Rosenborg Richard L -- --
-- $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bayless Ekaterina N $323,133
Closed Bayless Ekaterina N $313,975
Closed Kerstetter Kyle $313,975
Closed Bayless Ekaterina N $313,975
Previous Owner Kerstetter Kyle $156,750
Previous Owner Franckowiak Alvin $172,674
Previous Owner Brown Rebecca L $101,600
Closed Brown Rebecca L $12,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2012 12/14/12 Sold $165,000 0.0% $166 / Sq Ft
11/14/2012 11/14/12 Pending -- -- --
08/31/2012 08/31/12 For Sale $165,000 -- $166 / 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 $4,413 $376,045 $107,439 $268,606
2024 $4,413 $368,673 $105,333 $263,340
2023 $4,288 $361,445 $103,268 $258,177
2022 $4,238 $354,359 $101,244 $253,115
2021 $4,186 $347,411 $99,259 $248,152
2020 $4,056 $343,850 $98,242 $245,608
2019 $3,999 $337,109 $96,316 $240,793
2018 $3,923 $330,500 $94,428 $236,072
2017 $50 $175,068 $50,019 $125,049
2016 $1,954 $171,637 $49,039 $122,598
2015 $1,939 $169,060 $48,303 $120,757
2014 $1,899 $165,749 $47,357 $118,392
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 120044377

California Regional Multiple Listing Service (CRMLS)

APN: 470-330-10-11