NOT LISTED FOR SALE

8036 Lemon Ave La Mesa, CA 91941

Estimated Value: $1,078,629 - $1,204,000

4 Beds
3 Baths
2,298 Sq Ft
$489/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $758,577 $330 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,740/month

115 Days on Market

Highlights

  • City Lights View
  • Forced Air Heating System
  • Gentle Sloping Lot
  • Fireplace
  • Partially Fenced Property

About This Home

As of October 2020

Explanation for length of time on market. Escrow has fallen out twice, due to 1977 City of La Mesa sidewalk lien. The city was bogged down with paperwork & was unable to provide the paperwork required in time for close of each escrow. City has now released the lien & resolution was obtained on 8/11/2020. This block of Lemon Ave., is a walking & biking street & the yellow lines on street in front of building mean that the city has determined that no sidewalks will be installed. Located in the heart of La Mesa Village which is a sought after location by buyers and tenants. Long term owner has never had a vacancy issue, & this property would be a good fit for an owner to live in one unit & immediately reap the rewards of the rent from the additional unit, allowing owner to live very inexpensively, especially with today's current market interest rates. (This owner occupied this building for many years.) FHA buyers are welcome. An FHA appraisal was done for an earlier escrow & no work is required. This is good information for a potential buyer, as an FHA appraiser is required to red flag any work required issues, and to say refer to general contractor, beyond the expertise of this appraiser, have the work done & appraiser returns to reinspect the property, before signing off. Termite clearance has been completed.from a licensed Calif. company. OF INTEREST: Seller purchased building as a duplex with 1976 sq. feet. In May, 2017, seller had permit #17-246, & at that time, it was discovered that the City of La Mesa had lost the records for this building. During the permitting process, the city ascertained that this building is a duplex, & it is now noted as a duplex on the city records & also on the SD County Appraisal Department records. Increased square footage is within the footprint of the building. The storage room, etc. was changed to bedroom. Please be advised that there is a wall of closets in the new bedroom, which can not be removed, as it was a condition of approval by the City. There are two SDGE meters that were installed prior to this owner's purchase. Electric & gas meters for unit 8038 were installed in 1981. replaced by SDGE in 2019. The electric meter for unit 8036 was installed in 1978 & replaced by SDGE in May, 2010. The gas meter for unit 8036 was installed n 1984 & replaced by SDGE in 2010. All information is deemed reliable. Buyer & buyer's agent to verify to do their own due diligence. Selling in as is condition.

Last Agent to Sell the Property

Mary Masters

Mary Masters Broker License #00399477 Listed on: 04/23/2020

Last Buyer's Agent

Lauren Livingston

LPT Realty,Inc License #01450134

LPT Realty,Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • Partially Fenced Property
  • Gentle Sloping Lot

Property Views

  • City Lights
  • Mountain
  • Park or Greenbelt

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Fireplace

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 470-582-33-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • Net Operating Income $42,540

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Normal/Fairview
  • Neighborhood: La Mesa Village
  • Supplement: Located in the heart of La Mesa Village which is a sought after location by buyers and tenants. Long term owner has never had a vacancy issue, & this property would be a good fit for an owner to live in one unit & immediately reap the rewards of the rent from the additional unit, allowing owner to live very inexpensively, especially with today's current market interest rates. (This owner occupied this building for many years.) FHA buyers are welcome. An FHA appraisal was done for an earlier escrow & no work is required. This is good information for a potential buyer, as an FHA appraiser is required to red flag any work required issues, and to say refer to general contractor, beyond the expertise of this appraiser, have the work done & appraiser returns to reinspect the property, before signing off. Termite clearance has been completed.from a licensed Calif. company. OF INTEREST: Seller purchased building as a duplex with 1976 sq. feet. In May, 2017, seller had permit #17-246, & at that time, it was discovered that the City of La Mesa had lost the records for this building. During the permitting process, the city ascertained that this building is a duplex, & it is now noted as a duplex on the city records & also on the SD County Appraisal Department records. Increased square footage is within the footprint of the building. The storage room, etc. was changed to bedroom. Please be advised that there is a wall of closets in the new bedroom, which can not be removed, as it was a condition of approval by the City. There are two SDGE meters that were installed prior to this owner's purchase. Electric & gas meters for unit 8038 were installed in 1981. replaced by SDGE in 2019. The electric meter for unit 8036 was installed in 1978 & replaced by SDGE in May, 2010. The gas meter for unit 8036 was installed n 1984 & replaced by SDGE in 2010. All information is deemed reliable. Buyer & buyer's agent to verify to do their own due diligence. Selling in as is condition.
  • Stories: 2 Story
  • Sale Price List Price: 0.98
  • Total Stories: 2
  • Year Built: 1979
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition
  • View: Evening Lights, Mountains/Hills, Parklike

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Fireplace, Forced Air Unit

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: LA MESA
  • Manager Name: Mary Masters
  • Manager Phone: 619 6637790

Lot Info

  • Lot Size: 1-3,999 SF
  • Site: Public Street, Street Paved
  • Topography: Slope Gentle
  • Water District: HELIX WATER DISTRICT
  • Zoning: R-2
  • Assessor Parcel Number: 470-582-33-00
  • Water District URL: http://www.hwd.com
  • Map Code Column: H
  • Map Code Page: 1270
  • Map Code Row: 3

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 42540
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 1
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2020
Closed on
Oct 20, 2020
Sold by
Livingston Christopher Leon and Livingston Lauren K
Bought by
Livingston Christopher Leon and Livingston Lauren Kristin
Seller's Agent
Mary Masters
Mary Masters Broker
Buyer's Agent
Lauren Livingston
LPT Realty,Inc
List Price
$759,000
Sold Price
$758,577
Premium/Discount to List
-$423
-0.06%
Current Estimated Value
$1,123,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,580
Avg. Annual Appreciation
7.82%
Original Mortgage
$425,000
Outstanding Balance
$377,159
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$745,998

Purchase Details

Listed on
Apr 23, 2020
Closed on
Sep 2, 2020
Sold by
Masters Mary J and The Revocable Trust
Bought by
Livingston Christopher Leon and Livingston Lauren K
Seller's Agent
Mary Masters
Mary Masters Broker
Buyer's Agent
Lauren Livingston
LPT Realty,Inc
List Price
$759,000
Sold Price
$758,577
Premium/Discount to List
-$423
-0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$377,159
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$745,998

Purchase Details

Closed on
Nov 8, 2019
Sold by
Masters Mary J
Bought by
Masters Mary J and The 1994 Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 29, 2019
Sold by
Masters Mary J and The 1994 Mary J Masters Revoca
Bought by
Masters Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 17, 2011
Sold by
Masters Mary J
Bought by
Masters Mary J

Purchase Details

Closed on
Aug 2, 2011
Sold by
8036-38 Lemon Llc
Bought by
Masters Mary J

Purchase Details

Closed on
Apr 25, 2011
Sold by
Masters Mary J
Bought by
8036-38 Lemon Llc

Purchase Details

Closed on
May 26, 2000
Sold by
Ting Lori
Bought by
Masters Mary J

Purchase Details

Closed on
May 16, 2000
Sold by
Masters Mary J 1994 Revocable Trust and Mary J
Bought by
Ting Lori

Purchase Details

Closed on
Oct 23, 1999
Sold by
Masters Mary J 1994 Revocable Trust and Mary J
Bought by
Ting Joseph

Purchase Details

Closed on
Jan 10, 1997
Sold by
Masters Mary J Revocable Trust 1994 and Mary J
Bought by
Ting Joseph

Purchase Details

Closed on
Dec 8, 1994
Sold by
Masters Mary J
Bought by
Masters Mary J

Purchase Details

Closed on
Apr 12, 1988
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Livingston Christopher Leon -- Accommodation
Livingston Christopher Leon $759,000 Lawyers Title
Masters Mary J -- Western Resources Title
Masters Mary J -- Western Resources Title
Masters Mary J -- None Available
Masters Mary J -- None Available
8036-38 Lemon Llc -- None Available
Masters Mary J -- None Available
Masters Mary J -- --
Ting Lori -- --
Ting Joseph -- --
Ting Joseph -- --
Masters Mary J -- --
-- $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Livingston Christopher Leon $425,000
Previous Owner Masters Mary J $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $758,577 -2.3% $330 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
08/13/2020 08/13/20 Price Changed $776,777 -2.3% $338 / Sq Ft
08/11/2020 08/11/20 Price Changed $795,000 +4.7% $346 / Sq Ft
08/10/2020 08/10/20 For Sale $759,000 0.0% $330 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/05/2020 07/05/20 Price Changed $759,000 -2.1% $330 / Sq Ft
06/27/2020 06/27/20 Price Changed $775,000 0.0% $337 / Sq Ft
06/27/2020 06/27/20 For Sale $775,000 +2.2% $337 / Sq Ft
05/01/2020 05/01/20 Off Market $758,577 -- --
05/01/2020 05/01/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $750,000 -- $326 / 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 $10,258 $821,106 $298,555 $522,551
2024 $10,258 $805,006 $292,701 $512,305
2023 $9,948 $789,222 $286,962 $502,260
2022 $9,819 $773,748 $281,336 $492,412
2021 $9,667 $758,577 $275,820 $482,757
2020 $3,614 $253,750 $92,264 $161,486
2019 $3,618 $248,775 $90,455 $158,320
2018 $3,598 $243,898 $88,682 $155,216
2017 $50 $239,117 $86,944 $152,173
2016 $3,612 $234,430 $85,240 $149,190
2015 $3,534 $230,910 $83,960 $146,950
2014 $3,470 $226,388 $82,316 $144,072
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200018322

San Diego MLS

APN: 470-582-33