NOT LISTED FOR SALE

7940 University Ave Unit 17 La Mesa, CA 91942

Estimated Value: $494,000 - $598,000

2 Beds
1.5 Baths
1,095 Sq Ft
$400/mo HOA Fee

Last Sold March 06, 2023

Last sale price $463,000 $423 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,712/month

79 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Spanish Architecture
  • La Mesa Arts Academy Rated A-
  • City Lights View
  • High Ceiling

About This Home

As of March 2023

*** SELLER HAS ACCEPTED AN OFFER ***

SELLER HAS A 2.25% "ASSUMABLE" VA LOAN RATE AS AN OPTION FOR VA BUYERS!! Villa De Fanta’s private condo community in La Mesa has a 2br 1.5ba condo located high up in the complex that will LITERALLY keep your heart rate pumping. This “Stairway-to-Home” condo allows you to surround yourself with peace and tranquility everyday. Located away from the road and nestled among mature Eucalyptus trees with neighborhood views near downtown La Mesa and Mt Helix. This condo is among the largest two-bedroom condos in the complex! There is no one above or below and shares a small part of side walls with neighbors. The condo offers central Heat & Air, granite counters in the kitchen that includes a stove, dishwasher, refrigerator & microwave, TWO Balconies (front and back), in-unit stackable laundry hookup, new windows and balcony sliding doors (approximately 2 years old). The half bath is located on first floor. Upstairs includes a spacious master bedroom with vaulted ceilings and a second bedroom with lots of natural light (which also contains a closet for the laundry hookup). Pets up to 25lbs are allowed. The community offers a community laundry room, pool, one guaranteed uncovered parking spot (a second parking spot can be leased out by HOA upon availability) This condo is centrally located near the 8, 94 and 125 freeways and minutes from bustling La Mesa Village and LAKE MURRAY.

Last Agent to Sell the Property

Marcy Tulio

Coldwell Banker Realty License #02136485 Listed on: 11/13/2022

Coldwell Banker Realty

Last Buyer's Agent

Julie Mills

Big Block Realty, Inc. License #01172042

Big Block Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,644

Year Built

  • Built in 1980

Lot Details

  • Two or More Common Walls
  • Density is 36-40 Units/Acre

HOA Fees

  • $400 Monthly HOA Fees

Property Views

  • City Lights
  • Views of a landmark
  • Mountain
  • Hills
  • Pool
  • Neighborhood

Home Design

  • Spanish Architecture
  • Planned Development
  • Slab Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 1,095 Sq Ft Home
  • High Ceiling
  • Dining Room
  • Carpet
  • Pest Guard System

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Available

Outdoor Features

  • In Ground Pool
  • Balcony
  • Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8701
  • Assessor Parcel Number 4703301017

Community Details

Overview

  • 40 Units
  • Villa De Fanta Association, Phone Number (760) 459-8164
  • Pacific Coast Management (Jennifer Rehn) HOA

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Restriction
  • Pet Size Limit

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,644

Year Built

Built in 1980

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: Stove, dishwasher, refrigerator, microwave and stackable washer & dryer,
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Fire and Smoke Detection System, Gated Community
  • View: Yes
  • Zoning: R-1
  • Architectural Style: Spanish
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4703301017
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1095.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters, High Ceilings
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Levels: Two
  • Price Per Square Foot: 422.83
  • Room Type: All Bedrooms Up
  • Bathroom Features: Shower In Tub, Exhaust Fan(s)
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: City Lights, Hills, Landmark, Mountain(s), Neighborhood, Pool
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: In Closet, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Pest Control, Trash, Water, Pet Rules, Pets Permitted, Weight Limit, Call for Rules
  • Association Fee: 400.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa De Fanta
  • Phone: 760-459-8164
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
  • Association Management: Pacific Coast Management (Jennifer Rehn)

Schools

  • School District: Grossmont Union

Lot Info

  • Land Lease: No
  • Lot Features: 36-40 Units/Acre
  • Lot Size Sq Ft: 85377.60
  • Lot Size Acres: 1.9600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1.9600 Acres
  • Number Of Units In Community: 40
  • Number Of Units Total: 40

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 8701

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2022
Closed on
Feb 14, 2023
Sold by
Portillo Fredrick C
Bought by
Nelson Brittni
Seller's Agent
Marcy Tulio
Coldwell Banker Realty
Buyer's Agent
Julie Mills
Big Block Realty, Inc.
List Price
$465,000
Sold Price
$463,000
Premium/Discount to List
-$2,000
-0.43%
Views
116
Current Estimated Value
$535,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,962
Avg. Annual Appreciation
5.88%
Original Mortgage
$347,250
Outstanding Balance
$336,777
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$199,185

Purchase Details

Closed on
Jun 13, 2018
Sold by
Pawelek Barton
Bought by
Portillo Fredrick C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,400
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Listed on
Feb 24, 2012
Closed on
Mar 23, 2012
Sold by
Dah Wissam
Bought by
Pawelek Barton
Seller's Agent
Deniese Ossey
Compass
Buyer's Agent
Nick Redford
CityMark Realty
List Price
$187,000
Sold Price
$190,000
Premium/Discount to List
$3,000
1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$185,183
Interest Rate
3.84%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Dah Wissam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Interest Rate
5.01%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 2007
Sold by
Banks Tamara Letitia
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Apr 8, 2005
Sold by
Tallamante Eileen M
Bought by
Banks Tamara Letitia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2003
Sold by
Haugh Andrew J
Bought by
Tallamante Eileen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,600
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2002
Sold by
Miracola Richard and Miracola Nancy
Bought by
Haugh Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,600
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 1998
Sold by
Miracola Richard R
Bought by
Miracola Richard and Miracola Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 1989
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
Nelson Brittni $463,000 Western Resources
Portillo Fredrick C $323,500 Chicago Title Company
Pawelek Barton $190,000 Equity Title Company
Dah Wissam $165,000 Lsi Title Company
Deutsche Bank National Trust Co $259,500 First American Title Ins Co
Banks Tamara Letitia $325,000 Fidelity National Title San
Tallamante Eileen M $222,000 Fidelity National Title
Haugh Andrew J $192,000 First American Title
Miracola Richard -- South Coast Title Company
-- $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Brittni $347,250
Previous Owner Portillo Fredrick C $323,400
Previous Owner Pawelek Barton $185,183
Previous Owner Dah Wissam $162,011
Previous Owner Banks Tamara Letitia $260,000
Previous Owner Tallamante Eileen M $177,600
Previous Owner Haugh Andrew J $172,600
Previous Owner Miracola Richard $63,000
Closed Tallamante Eileen M $44,400
Closed Banks Tamara Letitia $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $463,000 -0.4% $423 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
11/14/2022 11/14/22 For Sale $465,000 +144.7% $425 / Sq Ft
04/20/2012 04/20/12 Sold $190,000 +1.6% $174 / Sq Ft
03/21/2012 03/21/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $187,000 -- $171 / 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 $5,644 $481,703 $189,756 $291,947
2024 $5,644 $472,259 $186,036 $286,223
2023 $4,032 $346,746 $136,593 $210,153
2022 $3,984 $339,948 $133,915 $206,033
2021 $3,934 $333,284 $131,290 $201,994
2020 $3,811 $329,867 $129,944 $199,923
2019 $3,755 $323,400 $127,397 $196,003
2018 $2,500 $209,737 $82,622 $127,115
2017 $2,466 $205,625 $81,002 $124,623
2016 $2,386 $201,594 $79,414 $122,180
2015 $2,370 $198,567 $78,222 $120,345
2014 $2,323 $194,678 $76,690 $117,988
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22240829

California Regional Multiple Listing Service (CRMLS)

APN: 470-330-10-17