NOT LISTED FOR SALE

7940 University Ave Unit 16 La Mesa, CA 91942

Estimated Value: $491,000 - $601,000

2 Beds
1.5 Baths
990 Sq Ft
$532/Sq Ft Est. Value

Last Sold March 17, 2022

Last sale price $485,000 $490 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,693/month

27 Days on Market

Highlights

  • City Lights View
  • Open Floorplan
  • Community Pool
  • La Mesa Arts Academy Rated A-
  • High Ceiling
  • Balcony

About This Home

As of March 2022

Gated community Corner Unit, 2br/1.5ba Condo, with a great view of downtown La Mesa and Mount Helix. Located just a few blocks from the highly desirable downtown La Mesa near schools and shopping. This Condo has new hardwood vinyl flooring, newly remodeled kitchen, features vaulted ceilings, extra-large living room, bright & light floor plan, private patio, central A/C, and in-unit stackable washer & dryer. There is a ton over extra hidden storage in the attic and 2nd bedroom. A guaranteed uncovered parking spot. Common area maintenance is included in HOA.

Last Agent to Sell the Property

Marcy Tulio

Coldwell Banker Realty License #02136485 Listed on: 01/27/2022

Coldwell Banker Realty

Last Buyer's Agent

Abhimanyu Bhaker

Flyhomes, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,029

Year Built

  • Built in 1980

Lot Details

  • 1.86

HOA Fees

  • $400 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Planned Development

Interior Spaces

  • 990 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Dining Room
  • Storage
  • Vinyl Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • On-Street Parking

Outdoor Features

  • Balcony
  • Exterior Lighting

Additional Features

  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8701
  • Assessor Parcel Number 4703301016

Community Details

Overview

  • 40 Units
  • Villa De Fanta Association, Phone Number (619) 698-0070

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,029

Year Built

Built in 1980

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Agent Cell
  • Other Phone Number: 7143925658
  • Property Attached: Yes
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4703301016
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 990.00 Square Feet
  • Interior Amenities: Balcony, High Ceilings, Open Floorplan, Recessed Lighting, Storage
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 489.90
  • Room Type: All Bedrooms Up
  • Bathroom Features: Remodeled

Exterior Features

  • View: City Lights, Mountain(s), Neighborhood
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Parking Features: Street, Uncovered
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 400.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa de Fanta
  • Phone: (619) 698-0070
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
  • Association Management: Villa de Fanta

Schools

  • School District: Grossmont Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 81021.60
  • Lot Size Acres: 1.8600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1.8600 Acres
  • Number Of Units In Community: 40
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 146.01
  • Tax Lot: 1
  • Tax Tract Number: 8701

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Mar 7, 2022
Sold by
Edward Golden-Marsh Ryan and Lou Dominique
Bought by
Jimenez Adrian Eduardo and Sainz Carla Paola
Seller's Agent
Marcy Tulio
Coldwell Banker Realty
Buyer's Agent
Abhimanyu Bhaker
Flyhomes, Inc.
List Price
$440,000
Sold Price
$485,000
Premium/Discount to List
$45,000
10.23%
Current Estimated Value
$526,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,539
Avg. Annual Appreciation
0.62%
Original Mortgage
$426,000
Outstanding Balance
$398,751
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$96,871

Purchase Details

Listed on
Sep 10, 2018
Closed on
Jan 15, 2019
Sold by
Demendonca Jason E
Bought by
Golden Marsh Ryan Edward and Marsh Dominique Louise
Seller's Agent
Shane Rone
Performance Estates & Homes
Buyer's Agent
Mike Smith
Affinity Hills Realty
List Price
$310,000
Sold Price
$305,000
Premium/Discount to List
-$5,000
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.97%
Original Mortgage
$289,750
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 8, 2004
Sold by
Seto Norihiko
Bought by
Demendonca Jason E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2001
Sold by
Seto Fumiko
Bought by
Seto Norihiko

Purchase Details

Closed on
Oct 12, 2001
Sold by
Vanheiningen John
Bought by
Seto Norihiko

Purchase Details

Closed on
Oct 19, 2000
Sold by
Brody James H and Brody Sari E
Bought by
Vanheiningen John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,067
Interest Rate
7.88%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 1994
Sold by
Nies Linda Ann
Bought by
Brody James H and Brody Sari E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,910
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 1990
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
Jimenez Adrian Eduardo $485,000 Equity Title
Golden Marsh Ryan Edward $305,000 Innovative Title Company
Demendonca Jason E $290,000 Fidelity National Title
Seto Norihiko -- Chicago Title Co
Seto Norihiko $160,000 Chicago Title Co
Vanheiningen John $140,000 First American Title
Brody James H -- First American Title
Brody James H $90,000 Union Land Title Co
-- $91,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Adrian Eduardo $426,000
Previous Owner Golden Marsh Ryan Edward $289,750
Previous Owner Demendonca Jason E $217,500
Previous Owner Vanheiningen John $134,067
Previous Owner Brody James H $80,910
Closed Demendonca Jason E $43,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2022 03/17/22 Sold $485,000 +10.2% $490 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $440,000 -9.3% $444 / Sq Ft
01/31/2022 01/31/22 Off Market $485,000 -- --
01/27/2022 01/27/22 Price Changed $440,000 +4.8% $444 / Sq Ft
01/27/2022 01/27/22 For Sale $420,000 +37.7% $424 / Sq Ft
01/30/2019 01/30/19 Sold $305,000 -1.6% $308 / Sq Ft
01/02/2019 01/02/19 Pending -- -- --
12/21/2018 12/21/18 For Sale $310,000 0.0% $313 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
11/28/2018 11/28/18 Price Changed $310,000 -2.8% $313 / Sq Ft
10/22/2018 10/22/18 Price Changed $319,000 -0.3% $322 / Sq Ft
10/08/2018 10/08/18 Price Changed $319,900 -1.6% $323 / Sq Ft
09/24/2018 09/24/18 Price Changed $325,000 -1.5% $328 / Sq Ft
09/10/2018 09/10/18 For Sale $330,000 -- $333 / 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 $6,029 $514,685 $155,277 $359,408
2024 $6,029 $504,594 $152,233 $352,361
2023 $5,626 $475,000 $143,000 $332,000
2022 $3,837 $320,606 $96,725 $223,881
2021 $3,791 $314,321 $94,829 $219,492
2020 $3,673 $311,099 $93,857 $217,242
2019 $3,420 $295,000 $89,000 $206,000
2018 $3,422 $295,000 $89,000 $206,000
2017 $50 $255,000 $77,000 $178,000
2016 $2,754 $240,000 $73,000 $167,000
2015 $2,599 $225,000 $69,000 $156,000
2014 $2,303 $200,000 $62,000 $138,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22010631

California Regional Multiple Listing Service (CRMLS)

APN: 470-330-10-16