NOT LISTED FOR SALE

8381 La Mesa Blvd Unit 7,8,9,&10 in Blk 4 o La Mesa, CA 91942

Estimated Value: $3,257,792

0.24 Acre
$13,862,945 Price per Acre
10,000 Sq Ft Lot

Last Sold January 13, 2016

Last sale price $1,025,000

Est. 218% increase in value since last sale

Current estimated payment $21,028/month

172 Days on Market

Highlights

  • Level Lot
  • La Mesa Arts Academy Rated A-
  • 4-minute walk to La Mesa Boulevard

About This Lot

As of January 2016

Wonderfull opportunity for a Builder/Architect to build a signature project in the heart of the La Mesa Village east of Spring Street. Zoning is CD which allows a maximum building height of 46 feet and 100% coverage of the lot. Additionally, there are no historical limitations on the property that would limit density or what you might do with the property because of any historic event or use. The lot is 10,000 sq. ft. and would be best suited for a creative mixed use project than can showcase your talent.

Last Listed By

Lee Homer

Kensington Properties License #00441808 Listed on: 07/30/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $32,887

Year Built

  • 2018

Lot Details

  • 10,000 Sq Ft Lot
  • Level Lot
  • Property is zoned CD

Parking

  • Alley Access

Schools

  • La Mesa Spring Valley School District Elementary And Middle School

Utilities

  • Gas Available
  • Separate Water Meter
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484-422-05-00

Property Details

Property Type

Land

Est. Annual Taxes

$32,887

Year Built

2018

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Type: Lots/Land
  • Market Area: East County
  • Neighborhood: Downtown Village
  • Cross Street: 4th
  • Miscellaneous: Value In Land
  • Sale Price List Price: 0.82
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2018

Exterior Features

  • Boat Facilities: No/Unknown
  • Frontage Dimensions in Feet: 100

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter On Property
  • Utilities Available: Above Ground, Cable Tv, Electric, Natural Gas, Telephone
  • Utilities To Site: Above Ground, Cable Tv, Electric, Gas, Telephone

Condo/Co-op/Association

  • Community: La Mesa

Schools

  • Elementary School: La Mesa Spring Valley School District
  • Elementary School Website: https://www.lmsvschools.org/
  • Middle School Url: https://www.lmsvschools.org/
  • Middle School: La Mesa Spring Valley School District

Lot Info

  • Lot Size: 7,500-10,889 Sf
  • Site: Alley Access, Curbs, Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Water District: Helix Water District
  • Zoning: CD
  • Land Use Code: CD
  • Estimated Lot Dimensions: 100x100
  • Estimated Lot Sq Ft: 10000
  • Water District URL: http://www.hwd.com
  • Assessor Parcel Number: 484-422-05-00
  • Lot Number: 7,8,9,&10 in Blk 4 of Parks Addition to LM Springs
  • Map Code Column: J
  • Map Code Page: 1270
  • Map Code Row: 2
  • Parcel Map Number: 464

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2020
Sold by
Le Mesa Ventures 1 Llc
Bought by
Davles Llc
Total Days on Market
172
Current Estimated Value
$3,257,792

Purchase Details

Closed on
Apr 25, 2018
Sold by
La Mesa Venture 1 Llc
Bought by
La Mesa Ventures 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,070,000
Interest Rate
4.45%
Mortgage Type
Unknown

Purchase Details

Listed on
Jul 30, 2015
Closed on
Jan 8, 2016
Sold by
Bucklew Richard A
Bought by
La Mesa Ventures I Llc
Seller's Agent
Lee Homer
Kensington Properties
List Price
$1,250,000
Sold Price
$1,025,000
Premium/Discount to List
-$225,000
-18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.55%
Original Mortgage
$605,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 30, 2015
Closed on
Dec 16, 2015
Sold by
Mitchell Minerals Llc
Bought by
Bucklew Richard A
Seller's Agent
Lee Homer
Kensington Properties
List Price
$1,250,000
Sold Price
$1,025,000
Premium/Discount to List
-$225,000
-18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 22, 1998
Sold by
Keating Family Trust and Eugene Donald Eugene
Bought by
Bucklew Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.82%
Mortgage Type
Seller Take Back
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
Davles Llc $2,400,000 Lawyers Title Company
La Mesa Ventures 1 Llc -- Chicago Title Company
La Mesa Ventures I Llc $1,025,000 Chicago Title Co
Bucklew Richard A $1,500 Chicago Title Co
Bucklew Richard A $475,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davles Llc $4,000,000
Previous Owner La Mesa Ventures I Llc $2,200,000
Previous Owner La Mesa Ventures 1 Llc $2,070,000
Previous Owner La Mesa Ventures I Llc $605,000
Previous Owner Bucklew Richard A $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2016 01/13/16 Sold $1,025,000 -18.0% --
01/13/2016 01/13/16 Pending -- -- --
07/25/2015 07/25/15 For Sale $1,250,000 -- --
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
2024 $32,887 $2,477,920 $1,257,531 $1,220,389
2023 $31,760 $2,429,334 $1,232,874 $1,196,460
2022 $31,172 $2,381,700 $1,208,700 $1,173,000
2021 $30,368 $2,335,000 $1,185,000 $1,150,000
2020 $36,167 $2,847,862 $1,185,262 $1,662,600
2019 $35,528 $2,792,022 $1,162,022 $1,630,000
2018 $13,495 $1,144,440 $1,139,238 $5,202
2017 $7,618 $641,616 $529,725 $111,891
2016 $7,655 $629,037 $519,339 $109,698
2015 $7,603 $619,590 $511,539 $108,051
2014 $7,455 $607,454 $501,519 $105,935
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 150041750

San Diego MLS

APN: 494-422-05