NOT LISTED FOR SALE

8202 Palm St Lemon Grove, CA 91945

Estimated Value: $859,235 - $955,000

6 Beds
3 Baths
2,102 Sq Ft
$426/Sq Ft Est. Value

Last Sold June 25, 2024

Last sale price $910,000 $433 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,241/month

6 Days on Market

Highlights

  • Corner Lot
  • Partially Fenced Property
  • 1-Story Property

About This Home

As of June 2024

Built in 1994, this property offers an ideal duplex mix—a 4/2 main house and a 2/1 above the garages. Each unit has a private garage with washer/dryer hookups and large private yards with fruit trees. 4 bedroom unit has a newer central heating system, thermostat, and a recent kitchen and bathroom remodel. The 2 bedroom unit has recently rebuilt deck and stairs and a newer mini-split. Roof is 1 year old, and both garage doors are new. Units are separately metered. Ideal for multi-generational family or live in one and rent the other.

Last Agent to Sell the Property

Antoinette Embry

Compass License #01305747 Listed on: 05/21/2024

Compass

Co-Listed By

Maureen Tess Fieberg

Compass License #01217712

Last Buyer's Agent

Twana Rasoul

Compass License #02026495

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,885

Year Built

  • Built in 1994

Lot Details

  • 7,199 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 2 Units
  • Lemon Grove Community

Listing and Financial Details

  • Assessor Parcel Number 503-212-15-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,885

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Washington
  • Neighborhood: Lemon Grove
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1994
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Forced Air Unit, Wall/Gravity

Condo/Co-op/Association

  • Complex Name: Lemon Grove
  • Community: LEMON GROVE

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Corner Lot
  • Assessor Parcel Number: 503-212-15-00
  • Estimated Lot Sq Ft: 7199

Multi Family

  • No. of Units: 2
  • Gross Rent Multiplier Projected: 11.45
  • Gross Sched Income Projected: 72000
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Jun 3, 2024
Sold by
Parnell Jonathan R and Parnell Susanna
Bought by
Bellias Alexander and Sharma Shubhra
Seller's Agent
Antoinette Embry
Compass
Buyer's Agent
Twana Rasoul
Compass
List Price
$835,000
Sold Price
$910,000
Premium/Discount to List
$75,000
8.98%
Views
33
Current Estimated Value
$896,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,941
Avg. Annual Appreciation
-1.22%
Original Mortgage
$864,500
Outstanding Balance
$854,371
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$41,688

Purchase Details

Closed on
Aug 23, 2010
Sold by
Morris Alejandra
Bought by
Parnell Jonathan R and Parnell Susanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2010
Sold by
Rangel Beatriz
Bought by
Morris Alejandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2009
Sold by
Morris Alejandra
Bought by
Rangel Beatriz

Purchase Details

Closed on
Jun 8, 2006
Sold by
Morris Alejandra and Serralde Alejandra
Bought by
Morris Alejandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Interest Rate
2.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 4, 2004
Sold by
Morris Richard
Bought by
Serralde Alejandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,300
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2004
Sold by
Garcia Jesse G and Garcia Irma P
Bought by
Serralde Alejandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,300
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 1998
Sold by
Nonzeta John M
Bought by
Garcia Jesse G and Garcia Irma P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.91%

Purchase Details

Closed on
Sep 30, 1994
Sold by
Crowder William E
Bought by
Nonzeta John M

Purchase Details

Closed on
May 29, 1986
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bellias Alexander $910,000 Lawyers Title Company
Parnell Jonathan R $300,000 Equity Title Company
Morris Alejandra -- Equity Title Company
Rangel Beatriz -- None Available
Morris Alejandra -- Chicago Title Co
Serralde Alejandra -- Old Republic Title Company
Serralde Alejandra $569,000 Old Republic Title Company
Garcia Jesse G $191,000 Fidelity National Title
Nonzeta John M -- --
-- $59,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bellias Alexander $864,500
Previous Owner Parnell Jonathan R $240,000
Previous Owner Morris Alejandra $522,000
Previous Owner Serralde Alejandra $398,300
Previous Owner Garcia Jesse G $171,000
Closed Serralde Alejandra $113,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Sold $910,000 0.0% $433 / Sq Ft
05/29/2024 05/29/24 Price Changed $910,000 +9.0% $433 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/21/2024 05/21/24 For Sale $835,000 -- $397 / 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 $5,885 $928,200 $555,900 $372,300
2024 $5,885 $376,804 $157,002 $219,802
2023 $5,755 $369,417 $153,924 $215,493
2022 $5,729 $362,174 $150,906 $211,268
2021 $5,663 $355,074 $147,948 $207,126
2020 $5,587 $351,434 $146,431 $205,003
2019 $5,492 $344,544 $143,560 $200,984
2018 $5,367 $337,790 $140,746 $197,044
2017 $5,280 $331,168 $137,987 $193,181
2016 $5,085 $324,676 $135,282 $189,394
2015 $5,058 $319,800 $133,250 $186,550
2014 $4,875 $313,536 $130,640 $182,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240011368

San Diego MLS

APN: 503-212-15