$515,000
SOLD FEB 21, 2024

7940 University Ave Unit 18 La Mesa, CA 91942

2 Beds
1.5 Baths
990 Sq Ft
$430/mo HOA Fee

Recently Sold

$520 Per Sq Ft

3% Above List Price

6 Days on Market

Highlights

  • Neighborhood Views
  • Community Pool
  • Laundry Room
  • La Mesa Arts Academy Rated A-
  • Living Room
  • Central Air

About This Home

As of February 2024

This move in ready gem is perfectly located near La Mesa Village; close to shopping, restaurants & more. Two story condo in a peaceful gated community and features vaulted ceilings, open floor plan, washer/dryer in unit. Upgraded unit has central AC, new windows, bamboo floors and travertine tile counters. A Large patio off the living room complete with mountain and pool views. No one above or below you and plenty of storage. VA approved & FHA spot approval. One parking spot included, additional spot optional. Centrally located- 15 minutes to Downtown San Diego, 20 min to the beach!

Last Agent to Sell the Property

Amber Welch

eXp Realty of California, Inc. License #02052998 Listed on: 01/15/2024

eXp Realty of California, Inc.

Co-Listed By

Kirsten Blessum

Palisade Realty, Inc License #02144721

Last Buyer's Agent

Matt Johnson

HomeSmart Realty West License #02025427

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,099

Year Built

  • Built in 1980

HOA Fees

  • $430 Monthly HOA Fees

Interior Spaces

  • 990 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • 1 Open Parking Space
  • 1 Parking Space

Utilities

  • Central Air
  • No Heating

Additional Features

  • Two or More Common Walls
  • Suburban Location

Listing and Financial Details

  • Tax Tract Number 5003
  • Assessor Parcel Number 4703301018

Community Details

Overview

  • 42 Units
  • Villa De Fanta Association, Phone Number (858) 602-3470

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,099

Year Built

Built in 1980

Lot Details

0

HOA Fees

$430 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: Zoning Code R-1:Single Fam-Res
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4703301018
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 990.00
  • Stories: 2
  • Entry Location: second floor
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 2
  • Levels: One
  • Price Per Square Foot: 520.20
  • Room Type: Kitchen, Laundry, Living Room

Exterior Features

  • View: Neighborhood
  • Fence: No
  • Pool Features: Community
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Parking: No
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 430.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa De Fanta
  • Phone: 858-602-3470
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Grossmont Union

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1.00

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1.0000 Square Feet
  • Number Of Units In Community: 42

Tax Info

  • Tax Tract Number: 05003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
Jan 23, 2024
Sold by
Eusebio Anthony
Bought by
Kelly Bryan
Seller's Agent
Amber Welch
eXp Realty of California, Inc.
Buyer's Agent
Matt Johnson
HomeSmart Realty West
List Price
$499,000
Sold Price
$515,000
Premium/Discount to List
$16,000
3.21%
Views
91

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.72%
Original Mortgage
$526,072
Outstanding Balance
$512,837
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
-$46,637

Purchase Details

Listed on
Sep 16, 2014
Closed on
Jan 30, 2015
Sold by
Johnson Erik A and Johnson Lindsey Rae
Bought by
Trujillo Anthony
Seller's Agent
Tasha Boersma
Cabrillo Mortgage & Realty Service
Buyer's Agent
April Halvarson
Compass
List Price
$229,900
Sold Price
$225,000
Premium/Discount to List
-$4,900
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.64%
Original Mortgage
$225,000
Interest Rate
3.66%
Mortgage Type
VA

Purchase Details

Closed on
Dec 3, 2014
Sold by
Cloud Thomas L
Bought by
Rosales Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.66%
Mortgage Type
VA

Purchase Details

Closed on
Sep 15, 2011
Sold by
Mission Coast Properties Llc
Bought by
Emerson Lindsey Rae and Johnson Erik A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,563
Interest Rate
4.09%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 2011
Sold by
Lizzi Philip A
Bought by
Mission Coast Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
4.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 22, 2005
Sold by
Wilson Carroll E and Wilson Patricia J
Bought by
Lizzi Philip A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.82%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 22, 2005
Sold by
Wilson Carroll E and Wilson Patricia J
Bought by
Wilson Carroll E and Wilson Patricia J

Purchase Details

Closed on
Nov 15, 2004
Sold by
Ford Jennifer A
Bought by
Wilson Carroll E and Wilson Patricia J

Purchase Details

Closed on
Oct 30, 1992
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $515,000 Lawyers Title
Grant Deed $225,000 Chicago Title Company
Grant Deed $224,500 Equity Title Company
Grant Deed $175,000 First American Title Company
Trustee Deed $153,000 None Available
Grant Deed $275,000 New Century Title & Escrow
Interfamily Deed Transfer -- --
Grant Deed $205,000 Commonwealth Title
Deed $89,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $526,072 VA
Previous Owner $201,200 New Conventional
Previous Owner $225,000 VA
Previous Owner $224,500 VA
Previous Owner $170,563 FHA
Previous Owner $153,000 Unknown
Previous Owner $55,000 Stand Alone Second
Previous Owner $220,000 Purchase Money Mortgage
Previous Owner $340,000 Unknown
Previous Owner $31,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Pending -- -- --
04/18/2025 04/18/25 For Sale $465,000 +16.3% $470 / Sq Ft
04/18/2025 04/18/25 Off Market $400,000 -- --
02/14/2025 02/14/25 For Sale $400,000 -22.3% $404 / Sq Ft
02/21/2024 02/21/24 Sold $515,000 +3.2% $520 / Sq Ft
01/21/2024 01/21/24 Pending -- -- --
01/15/2024 01/15/24 For Sale $499,000 +121.8% $504 / Sq Ft
02/23/2015 02/23/15 Sold $225,000 +2.3% $227 / Sq Ft
01/10/2015 01/10/15 Pending -- -- --
10/30/2014 10/30/14 Price Changed $220,000 -1.3% $222 / Sq Ft
10/23/2014 10/23/14 Price Changed $223,000 -1.3% $225 / Sq Ft
10/17/2014 10/17/14 Price Changed $225,900 -0.9% $228 / Sq Ft
10/10/2014 10/10/14 Price Changed $227,900 -0.9% $230 / Sq Ft
09/16/2014 09/16/14 For Sale $229,900 -- $232 / 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 $3,099 $525,299 $240,137 $285,162
2024 $3,099 $265,105 $121,191 $143,914
2023 $3,009 $259,908 $118,815 $141,093
2022 $2,973 $254,813 $116,486 $138,327
2021 $2,935 $249,817 $114,202 $135,615
2020 $2,843 $247,256 $113,031 $134,225
2019 $2,801 $242,409 $110,815 $131,594
2018 $2,747 $237,657 $108,643 $129,014
2017 $50 $232,998 $106,513 $126,485
2016 $2,618 $228,430 $104,425 $124,005
2015 $2,185 $182,890 $83,607 $99,283
2014 $2,141 $179,309 $81,970 $97,339
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2400286

California Regional Multiple Listing Service (CRMLS)

APN: 470-330-10-18