NOT LISTED FOR SALE

8448 New Salem St Unit 7 San Diego, CA 92126

Mira Mesa Neighborhood

Estimated Value: $416,000 - $436,000

1 Bed
1 Bath
572 Sq Ft
$215/mo HOA Fee

Last Sold February 29, 2016

Last sale price $195,000 $341 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,760/month

59 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Park or Greenbelt View
  • Community Pool
  • Ericson Elementary School Rated A
  • End Unit
  • 2-minute walk to Mira Mesa Park

About This Home

As of February 2016

Light and bright and well-located in the Villas of New Salem. Ground level unit with convenient access to the street and across the street from the community park. Patio off living room. Refrigerator and stackable washer/dryer convey.

Last Agent to Sell the Property

Megan Orvis Morris

RE/MAX Connections License #01268323 Listed on: 12/05/2015

RE/MAX Connections

Co-Listed By

Diane Orvis

RE/MAX Connections License #00842798

Last Buyer's Agent

Mike Sirota

Signature Realty Network License #01937286

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,824

Year Built

  • Built in 1985

Lot Details

  • End Unit

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 572 Sq Ft Home
  • 2-Story Property
  • Park or Greenbelt Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 311-200-36-07

Community Details

Overview

  • Association fees include common area maintenance
  • 8 Units
  • Villas At New Salem Association, Phone Number (619) 296-7232
  • Villas At New Salem Community

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,824

Year Built

Built in 1985

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Cross Street: Mira Mesa
  • Neighborhood: Mira Mesa
  • Estimated Living Space: 500 to 999 SqFt
  • LP / Sq Ft: 347.9
  • Price Per Sq Ft: 340.91
  • Residential Unit Location: No Unit Below, End Unit
  • SP/ Sq Ft: 340.91
  • Stories: 1 Story
  • Stories In Building: 2
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1985
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 7
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Linoleum/Vinyl
  • Sub Flooring: Slab on Grade
  • Equipment Available: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Walls: Drywall
  • Searchable Rooms: Breakfast Area, MBR Entry Level
  • Total Bedrooms: 1
  • Bedrooms: 1
  • Master Bedroom Dimensions: 13x12
  • Full Bathrooms: 1
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 572
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Stucco
  • Patio: Balcony, Covered
  • Pool: Community/Common
  • Roof: Tile/Clay
  • Spa: Community/Common
  • View: Parklike

Garage/Parking

  • Non Garage Parking: Underground

Utilities

  • Cooling: Wall/Window
  • Laundry Utilities: Electric
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas
  • Telecommunications: Cable (coaxial)

Condo/Co-op/Association

  • Complex Name: Villas At New Salem
  • Total Fees: 2580.0
  • Pets Allowed: Yes
  • Units In Building: 8
  • Total Number of Units: 58
  • Property Management Company: Summit
  • Property Management Phone: 619-296-7232
  • Community: MIRA MESA
  • Complex Features: Pool, Spa/Hot Tub
  • Home Owner Association: Villas at New Salem
  • Home Owner Association Fee Includes: Common Area Maintenance
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 215.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619-296-7232

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 1

Fee Information

  • Total Monthly Fees: 215

Lot Info

  • Lot Size: 0 (Common Interest)
  • Site: Curbs, Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R1
  • Assessor Parcel Number: 311-200-36-07
  • Water District URL: http://www.ci.san-diego.ca.us/water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2023
Sold by
Henderson Jeremy L
Bought by
Sweat Equity Investments Llc
Current Estimated Value
$424,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Outstanding Balance
$38,462
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$386,401

Purchase Details

Listed on
Dec 5, 2015
Closed on
Feb 25, 2016
Sold by
Chadwick Philip C
Bought by
Henderson Jeremy L
Seller's Agent
Megan Orvis Morris
RE/MAX Connections
Buyer's Agent
Mike Sirota
Signature Realty Network
List Price
$210,000
Sold Price
$195,000
Premium/Discount to List
-$15,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$175,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2013
Sold by
Chadwick Philip and Chadwick Karen
Bought by
Chadwick Philip C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,130
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2008
Sold by
Trumble Gloria
Bought by
Chadwick Philip and Chadwick Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 1990
Bought by
Robinson Marvin

Purchase Details

Closed on
Oct 23, 1984
Source: Public Records

Range of Values:

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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
Sweat Equity Investments Llc -- Pacific Coast Title
Henderson Jeremy L $195,000 Fidelity National Title
Chadwick Philip C -- Fidelity National Title Sd
Chadwick Philip C -- Boston Title
Chadwick Philip $137,000 First American Title Company
Robinson Marvin $72,900 --
-- $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sweat Equity Investments Llc $118,000
Previous Owner Henderson Jeremy L $161,483
Previous Owner Henderson Jeremy L $175,500
Previous Owner Chadwick Philip C $106,130
Previous Owner Chadwick Philip $109,600
Previous Owner Robinson Marvin $29,000
Previous Owner Robinson Marvin $76,382
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2016 02/29/16 Sold $195,000 -2.0% $341 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
01/22/2016 01/22/16 Price Changed $199,000 -5.2% $348 / Sq Ft
12/29/2015 12/29/15 For Sale $210,000 0.0% $367 / Sq Ft
12/18/2015 12/18/15 Pending -- -- --
12/04/2015 12/04/15 For Sale $210,000 -- $367 / 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 $2,824 $230,832 $112,889 $117,943
2024 $2,824 $226,307 $110,676 $115,631
2023 $2,761 $221,870 $108,506 $113,364
2022 $2,687 $217,521 $106,379 $111,142
2021 $2,668 $213,257 $104,294 $108,963
2020 $2,636 $211,071 $103,225 $107,846
2019 $2,589 $206,933 $101,201 $105,732
2018 $2,423 $202,876 $99,217 $103,659
2017 $2,363 $198,899 $97,272 $101,627
2016 $1,785 $149,026 $72,881 $76,145
2015 $1,759 $146,789 $71,787 $75,002
2014 $1,732 $143,914 $70,381 $73,533
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 150063826

San Diego MLS

APN: 311-200-36-07