NOT LISTED FOR SALE

7940 University Ave Unit 9 La Mesa, CA 91942

Estimated Value: $472,000 - $589,000

2 Beds
1.5 Baths
990 Sq Ft
$517/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $351,000 $355 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,466/month

6 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Private Yard
  • La Mesa Arts Academy Rated A-
  • City View
  • 1 Car Detached Garage

About This Home

As of November 2020

Perfect La Mesa Village Townhouse! End unit with only one shared wall, and no one above or below you. Kitchen has been totally remodeled and opened up. New appliances, cabinetry, and farmhouse sink. New high efficiency Goodman AC & Heat with built in Nest system. One of three units in the complex with XL garage. Downstairs bathroom remodeled with pocket door. Vaulted ceilings in the bedrooms wired for ceiling fans. Walk to La Mesa Village, Vons, and the Riviera. Property sale subject to court approval. In the action pending in U.S. District Court for the Southern District of California, Case No. 19-CV-01628-LAB-AHG, Securities and Exchange Commission v. Gina Champion-Cain, et al., notice is hereby given that the court-appointed receiver will conduct a public auction for the real property located at 7940 University Avenue, #9 in San Diego County, California. Sale is subject to Court confirmation after the auction is held. Minimum bid price is at least $356,000. The auction will take place on November 6, 2020, at 2:30 p.m. in front of the entrance to the United States Courthouse, 221 W. Broadway, San Diego, California or as otherwise determined by the Court. To be allowed to participate in the auction, prospective purchasers must meet certain bid qualification requirements, including submitting a signed purchase and sale agreement, an earnest money deposit of $5,500, and proof of funds. All bidders must be qualified by 5:00 p.m. PT on November 2, 2020, by submitting the required materials to the receiver at 501 West Broadway, Suite 290, San Diego, California, 92101. If interested in qualifying as a bidder, please contact Geno Rodriguez at (619) 567-7223 or grodriguez@ethreeadvisors.com

Last Agent to Sell the Property

Ross Godwin

Coldwell Banker West License #01983298 Listed on: 08/20/2020

Coldwell Banker West

Last Buyer's Agent

Duy Tran

HomeSmart Realty West License #02027945

HomeSmart Realty West

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,375

Year Built

  • Built in 1980

Lot Details

  • Property is Fully Fenced
  • Gentle Sloping Lot
  • Private Yard

HOA Fees

  • $385 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Property Views

  • City
  • Mountain

Home Design

  • Entry on the 1st floor
  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 990 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Pool

  • In Ground Pool

Listing and Financial Details

  • Assessor Parcel Number 470-330-10-09

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gated community, hot water, limited insurance, roof maintenance, sewer, trash pickup, water
  • 5 Units
  • Villa De Fanta Association, Phone Number (760) 859-6514
  • Villa De Fanta Community

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction

Additional Features

  • Laundry Facilities
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,375

Year Built

Built in 1980

Lot Details

0

HOA Fees

$385 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: Townhome
  • Market Area: East County
  • Cross Street: La Mesa Blvd
  • Neighborhood: La Mesa Village
  • Supplement: In the action pending in U.S. District Court for the Southern District of California, Case No. 19-CV-01628-LAB-AHG, Securities and Exchange Commission v. Gina Champion-Cain, et al., notice is hereby given that the court-appointed receiver will conduct a public auction for the real property located at 7940 University Avenue, #9 in San Diego County, California. Sale is subject to Court confirmation after the auction is held. Minimum bid price is at least $356,000. The auction will take place on November 6, 2020, at 2:30 p.m. in front of the entrance to the United States Courthouse, 221 W. Broadway, San Diego, California or as otherwise determined by the Court. To be allowed to participate in the auction, prospective purchasers must meet certain bid qualification requirements, including submitting a signed purchase and sale agreement, an earnest money deposit of $5,500, and proof of funds. All bidders must be qualified by 5:00 p.m. PT on November 2, 2020, by submitting the required materials to the receiver at 501 West Broadway, Suite 290, San Diego, California, 92101. If interested in qualifying as a bidder, please contact Geno Rodriguez at (619) 567-7223 or grodriguez@ethreeadvisors.com
  • LP / Sq Ft: 343.43
  • Price Per Sq Ft: 354.55
  • Residential Unit Location: No Unit Above or Below
  • SP/ Sq Ft: 354.55
  • Stories: 2 Story
  • Stories In Building: 2
  • Ownership: Condominium
  • Total Stories: 2
  • Year Built: 1980
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 9
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Flooring: Carpet, Laminate
  • Equipment Available: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Searchable Rooms: All Bedrooms Up
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 13x12
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 990
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Pool: Below Ground, Community/Common
  • Roof: Tile/Clay
  • View: City, Mountains/Hills
  • Three or more Steps To Entry: Yes
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Detached
  • Garage Spaces: 1
  • Parking Spaces Total: 1

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric
  • Security: Gated Community
  • Sewer/Septic: Sewer Connected
  • Water: Available
  • Heating: Forced Air Unit
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Villa de Fanta
  • Total Fees: 4620.0
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 5
  • Total Number of Units: 40
  • Property Management Company: Pacific Suncoast
  • Property Management Phone: 760-859-6514
  • Community: LA MESA
  • Complex Features: Gated Community, Laundry Facilities, Pet Restrictions, Pool
  • Home Owner Association: Villa De Fanta
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Gated Community, Hot Water, Limited Insurance, Roof Maintenance, Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 385.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 760-859-6514

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 1

Fee Information

  • Total Monthly Fees: 385

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Slope Gentle
  • Water District: HELIX WATER DISTRICT
  • Assessor Parcel Number: 470-330-10-09
  • Water District URL: http://www.hwd.com

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2020
Sold by
2466 1St Avenue Llc
Bought by
Tran Henry Jonathan and Tran Crystal Quach
Current Estimated Value
$512,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Apr 17, 2018
Sold by
Ramirez James J
Bought by
2466 1St Avenue Llc

Purchase Details

Closed on
May 1, 2001
Sold by
Allen Robert Steven and Allen Paige C
Bought by
Ramirez James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 1999
Sold by
Trust Scherkenback Wayne N & Janice L 198 and Scherkenback Wayne N
Bought by
Allen Robert and Allen Paige C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 1993
Sold by
Scherkenback Wayne N and Scherkenback Janice L
Bought by
Scherkenback Wayne N and Scherkenback Janice L
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
Tran Henry Jonathan $351,000 Corinthian Title Company Inc
2466 1St Avenue Llc $325,000 Fidelity National Title
Ramirez James J $148,000 First American Title
Allen Robert $75,000 Commonwealth Land Title Co
Scherkenback Wayne N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tran Henry Jonathan $351,000
Previous Owner Ramirez James J $128,000
Previous Owner Allen Robert $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $351,000 +3.2% $355 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $340,000 -- $343 / 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 $4,375 $379,929 $154,022 $225,907
2024 $4,375 $372,480 $151,002 $221,478
2023 $4,249 $365,178 $148,042 $217,136
2022 $4,198 $358,019 $145,140 $212,879
2021 $4,229 $351,000 $142,295 $208,705
2020 $3,989 $338,128 $137,077 $201,051
2019 $3,933 $331,499 $134,390 $197,109
2018 $2,256 $195,984 $79,452 $116,532
2017 $2,223 $192,143 $77,895 $114,248
2016 $2,150 $188,376 $76,368 $112,008
2015 $2,133 $185,547 $75,221 $110,326
2014 $2,090 $181,913 $73,748 $108,165
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200040206

San Diego MLS

APN: 470-330-10-09