NOT LISTED FOR SALE

834 W Palm Ave El Cajon, CA 92020

Estimated Value: $864,315 - $1,177,000

6 Beds
3 Baths
1,804 Sq Ft
$584/Sq Ft Est. Value

Last Sold November 12, 2015

Last sale price $495,000 $274 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $6,456/month

141 Days on Market

Highlights

  • 1-Story Property
  • Grossmont High School Rated A
  • 4-minute walk to El Cajon Transit Center

About This Home

As of November 2015

GREAT OPPORTUNITY TO OWNED & LIVED IN ONE UNIT & HAVE THE SECOND ONE FOR INCOME FOR PAYMENT. BOTH UNITS UNDER MARKET RENTAL DUE TO RELATIONSHIP WITH OWNERS. BOTH UNITS ARE IN EXCELLENT CONDITION, BOTH HAVE PRIVATE YARDS & SEPARATE GARAGES. LARGER UNIT HAS A BATHROOM INSIDE THE GARAGE. SHOWN WITH ACCEPTED OFFER ONLY, BELOW MARKET FOR FAST SALE. Neighborhoods: EL CAJON Other Fees: 0 Unit # for Unit 1: 834 Unit # for Unit 2: 838 Unit # for Unit 3: 0 Unit # for Unit 4: 0 Number of Furnished Units: 0

Last Agent to Sell the Property

Manuel Lopez

Casa Bonita Realty License #00670609 Listed on: 05/20/2015

Last Buyer's Agent

Recip Agent

RECIP OFFICE License #12345678

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,529

Year Built

  • Built in 1980

Lot Details

  • 8,700

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • 1-Story Property
  • 8,700 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 4873111000

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • EL CAJON

Building Details

  • Net Operating Income $26,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,529

Year Built

Built in 1980

Lot Details

0

Listing Details

  • CapRate: 5.50
  • Park Name: EL CAJON
  • Subdivision Name Other: El Cajon
  • Zoning: R-2 MINOR
  • Property Type: Residential Income
  • Parcel Number: 4873111000
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Levels: One

Exterior Features

  • Roof: Composition

Lot Info

  • Lot Size Sq Ft: 8700.00

Multi Family

  • Gross Scheduled Income: 33600.00
  • Lot Size Area: 8700.0000 Square Feet
  • Net Operating Income: 26100.00
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2019
Sold by
Page Roxana
Bought by
Page Willie David
Current Estimated Value
$1,054,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,900
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2017
Sold by
Page Willie David
Bought by
Page Willie David and Page Roxana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,500
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2017
Sold by
Page Willie David and Page Roxana
Bought by
Page Willie David

Purchase Details

Listed on
May 20, 2015
Closed on
Oct 9, 2015
Sold by
Vasquez Jess Ledesma and Vasquez Olga Regina
Bought by
Page Willie David and Reyes Roxana Martinez
Seller's Agent
Manuel Lopez
Casa Bonita Realty
Buyer's Agent
Recip Agent
RECIP OFFICE
List Price
$495,000
Sold Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$477,675
Interest Rate
3.71%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 6, 2013
Sold by
Vasquez Jess Ledesma and Vasquez Olga Regina
Bought by
Vasquez Jess Ledesma and Vasquez Olga Regina

Purchase Details

Closed on
May 9, 2005
Sold by
Mcdonald Mitchell J and Mcdonald Zora J
Bought by
Vasquez Jess L and Vasquez Olga R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2004
Sold by
Lockwood Terry A and Lockwood Gena R
Bought by
Mcdonald Mitchell J and Mcdonald Zora J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,161
Interest Rate
4.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 1998
Sold by
Barber Roger F and Barber Judith I
Bought by
Lockwood Terry A and Lockwood Gena R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,390
Interest Rate
6.42%
Mortgage Type
VA

Purchase Details

Closed on
Sep 30, 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
Page Willie David -- Chicago Title Company
Page Willie David -- Lawyers Title Of Arizona Inc
Page Willie David -- None Available
Page Willie David $495,000 First American Title
Vasquez Jess Ledesma -- None Available
Vasquez Jess L $640,000 United Title Co San Diego
Mcdonald Mitchell J $525,000 United Title Company San Die
Lockwood Terry A $194,500 Fidelity National Title
-- $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Page Willie David $465,000
Closed Page Willie David $225,000
Closed Page Willie David $50,000
Closed Page Willie David $501,000
Closed Page Willie David $488,900
Closed Page Willie David $478,000
Closed Page Willie David $474,500
Closed Page Willie David $477,675
Closed Page Willie David $477,675
Previous Owner Vasquez Jess L $340,000
Previous Owner Mcdonald Mitchell J $379,161
Previous Owner Lockwood Terry A $363,014
Previous Owner Lockwood Terry A $102,172
Previous Owner Lockwood Terry A $24,800
Previous Owner Lockwood Terry A $9,114
Previous Owner Lockwood Terry A $198,390
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2015 11/12/15 Sold $495,000 0.0% $274 / Sq Ft
10/08/2015 10/08/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $495,000 -- $274 / 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 $8,529 $585,972 $332,052 $253,920
2024 $8,529 $574,484 $325,542 $248,942
2023 $8,292 $563,220 $319,159 $244,061
2022 $8,140 $552,177 $312,901 $239,276
2021 $7,880 $541,351 $306,766 $234,585
2020 $7,673 $535,801 $303,621 $232,180
2019 $6,433 $525,296 $297,668 $227,628
2018 $6,329 $514,997 $291,832 $223,165
2017 $6,249 $504,900 $286,110 $218,790
2016 $6,000 $495,000 $280,500 $214,500
2015 $4,785 $390,000 $221,000 $169,000
2014 $4,664 $380,000 $216,000 $164,000
Source: Public Records

Agents Affiliated with this Home

  • Manuel Lopez

    Seller's Agent in 2015

    Manuel Lopez

    Casa Bonita Realty

    (619) 600-4443

    17 Total Sales

    Manuel Lopez
    Section Image

  • R

    Buyer's Agent in 2015

    Recip Agent

    RECIP OFFICE

    (858) 726-9657

    2 Total Sales

    Recip Agent
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 150027306

California Regional Multiple Listing Service (CRMLS)

APN: 487-311-10

California San Diego County El Cajon 92020

834 W Palm Ave, El Cajon, CA

This home is located at 834 W Palm Ave, El Cajon, CA 92020 since 20 May 2015 and is currently estimated at $1,054,329, approximately $584 per square foot. This property was built in 1980. 834 W Palm Ave is a home located in San Diego County with nearby schools including Johnson Elementary School, Cajon Valley Middle School, and Grossmont High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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