NOT LISTED FOR SALE

8300 Palm St Lemon Grove, CA 91945

Estimated Value: $847,000 - $1,268,000

6 Beds
4 Baths
2,669 Sq Ft
$384/Sq Ft Est. Value

Last Sold August 14, 2018

Last sale price $740,000 $277 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $6,510/month

1 Day on Market

Highlights

  • Tankless Water Heater
  • Partially Fenced Property
  • Gentle Sloping Lot
  • 1-Story Property

About This Home

As of August 2018

Two Homes on One Lot!! Great Investment Property with Low Maintenance!! or Live in Front Home and Rent Back Property! Front Property has 4 Bedrooms, 2 Baths and 2 Car Garage & has been Extensively Remodeled with New Stucco, New Windows, New Flooring, New Cabinets, New Appliances, New Fixtures & Much More!! Back Home is Brand New and Highly Upgraded!! 2 Bedroom, 2 Bath Home & Assigned Parking! Has it's own SDG&E meter and Water Sub Meter! Granny Flat has New AC and Heating System and Tankless Water Heater!

Last Agent to Sell the Property

Roberto Mercado

inmobi properties License #01342870 Listed on: 07/31/2018

inmobi properties

Last Buyer's Agent

Erika De Anda

Big Block Realty, Inc. License #01785918

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,072

Year Built

  • 1951

Lot Details

  • 0.3 Acre Lot
  • Partially Fenced Property
  • Gentle Sloping Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for water, electricity, gas/propane, hot water
  • Assessor Parcel Number 503-232-14-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,072

Year Built

1951

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: East County
  • Cross Street: Washington St
  • Neighborhood: Lemon Grove
  • Stories: 1 Story
  • Sale Price List Price: 0.99
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1951

Exterior Features

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

Utilities

  • Cooling: Central Forced Air
  • Water: Meter on Property
  • Water Heater Type: Gas, Tankless
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Community: LEMON GROVE

Lot Info

  • Lot Size: .25 to .5 AC
  • Topography: Slope Gentle
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 503-232-14-00
  • Estimated Lot Sq Ft: 13100

Rental Info

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

Multi Family

  • No. of Units: 2
  • Gross Sched Income Projected: 51600
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2018
Closed on
Aug 13, 2018
Sold by
Rome Capital Group Llc
Bought by
Andrade Aurora R and The Trust Of Aurora R Andrade
Seller's Agent
Roberto Mercado
inmobi properties
Buyer's Agent
Erika De Anda
Big Block Realty, Inc.
List Price
$749,900
Sold Price
$740,000
Premium/Discount to List
-$9,900
-1.32%
Current Estimated Value
$1,025,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,404
Avg. Annual Appreciation
4.09%

Purchase Details

Listed on
Feb 1, 2017
Closed on
Mar 6, 2017
Sold by
Atrushi Maria Elena
Bought by
Rome Capital Group Llc
Seller's Agent
Maria Elena Atrushi
Century 21 Masters
Buyer's Agent
Roberto Mercado
inmobi properties
List Price
$399,000
Sold Price
$340,000
Premium/Discount to List
-$59,000
-14.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.25%

Purchase Details

Closed on
Jan 20, 2010
Sold by
Sanchez Benigno and Sanchez Teresa T
Bought by
Sanchez Benigno and Sanchez Teresa T
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
Andrade Aurora R $740,000 First American Title Insuran
Rome Capital Group Llc $340,000 Chicago Title Company Sd
Sanchez Benigno -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rome Capital Group Llc $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2018 08/14/18 Sold $740,000 -1.3% $277 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
07/31/2018 07/31/18 For Sale $749,900 +120.6% $281 / Sq Ft
04/18/2017 04/18/17 Sold $340,000 -14.8% $207 / Sq Ft
04/12/2017 04/12/17 Pending -- -- --
04/04/2017 04/04/17 For Sale $399,000 0.0% $243 / Sq Ft
03/17/2017 03/17/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $399,000 0.0% $243 / Sq Ft
03/03/2017 03/03/17 Pending -- -- --
02/16/2017 02/16/17 Price Changed $399,000 -7.2% $243 / Sq Ft
01/29/2017 01/29/17 For Sale $430,000 -- $262 / 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 $11,072 $825,480 $435,051 $390,429
2024 $11,072 $809,295 $426,521 $382,774
2023 $10,785 $793,427 $418,158 $375,269
2022 $10,731 $777,870 $409,959 $367,911
2021 $10,589 $762,619 $401,921 $360,698
2020 $10,468 $754,800 $397,800 $357,000
2019 $10,309 $740,000 $390,000 $350,000
2018 $4,862 $346,799 $104,292 $242,507
2017 $1,405 $63,456 $19,083 $44,373
2016 $1,261 $62,212 $18,709 $43,503
2015 $1,256 $61,278 $18,428 $42,850
2014 $1,218 $60,079 $18,068 $42,011
Source: Public Records

Agents Affiliated with this Home

  • Roberto Mercado

    Seller's Agent in 2018

    Roberto Mercado

    inmobi properties

    (619) 940-4841

    28 Total Sales

    Roberto Mercado
    Section Image

  • E

    Buyer's Agent in 2018

    Erika De Anda

    Big Block Realty, Inc.

    Section Image

  • M

    Seller's Agent in 2017

    Maria Elena Atrushi

    Century 21 Masters

    (619) 244-8587

    3 Total Sales

    Maria Elena Atrushi
    Section Image
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Map

Source: San Diego MLS

MLS Number: 180042129

San Diego MLS

APN: 503-232-14

California San Diego County Lemon Grove 91945

8300 Palm St, Lemon Grove, CA

This home is located at 8300 Palm St, Lemon Grove, CA 91945 since 31 July 2018 and is currently estimated at $1,025,404, approximately $384 per square foot. This property was built in 1951. 8300 Palm St is a home located in San Diego County with nearby schools including Mount Miguel High School, Trinity Christian School, and Saint John Of The Cross Catholic School.

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