NOT LISTED FOR SALE

8501-5 Thunderbird Ln La Mesa, CA 91941

Estimated Value: $665,000 - $879,081

5 Beds
2 Baths
-- Sq Ft
0.85 Acres Lot

Sale Details

Date Sold: September 9, 2021

Last sale price $670,000 $0 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,875 / mo

21 Days on Market

Highlights

  • 0.85 Acre Lot
  • Wood Siding
  • 1-Story Property

About This Home

As of September 2021

Opportunities abound with this unique property! 2 detached homes on a 0.89 acre lot bordering La Mesa, Lemon Grove, and Spring Valley. Secluded from the street and surrounded by trees, it is a quaint property with lots of possibilities. Each home has a charming exteriors, separate private yards and parking. Both properties are on separate meters. New water heaters were recently installed in both properties. Great opportunity for a savvy investor!

Last Agent to Sell the Property

Deanne Palmer

Berkshire Hathaway HomeServices California Properties License #01487194 Listed on: 06/30/2021

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Jason Kardos

Mt. Helix Lifestyles R.E. Serv License #01324429

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.85

Home Design

  • Composition Roof
  • Wood Siding

Additional Features

  • 1-Story Property
  • 37,026 Sq Ft Lot

Community Details

  • 2 Units
  • Net Operating Income $40,300

Listing and Financial Details

  • Tenant pays for water, electricity, gas/propane, hot water
  • Assessor Parcel Number 499-151-27-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0.85 Acres

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Broadway
  • Neighborhood: Brookside
  • Stories: 1 Story
  • Sale Price List Price: 0.96
  • Total Stories: 1
  • Year Built: 1948
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Roof: Composition

Condo/Co-op/Association

  • Community: LA MESA

Lot Info

  • Lot Size: .5 to 1 AC
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 499-151-27-00
  • Estimated Lot Sq Ft: 37026
  • Estimated Number of Acres: 0.85
  • Map Code Column: J
  • Map Code Page: 1270
  • Map Code Row: 5

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 40300
  • Gross Rent Multiplier Actual: 16.88
  • Number Of Buildings: 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Aug 24, 2021
Sold by
Bought by
Seller's Agent
Deanne Palmer
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Jason Kardos
Mt. Helix Lifestyles R.E. Serv
List Price
$699,000
Sold Price
$670,000
Premium/Discount to List
-$29,000
-4.15%
Current Estimated Value
$776,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,270
Avg. Annual Appreciation
3.12%
Original Mortgage
$569,500
Outstanding Balance
$534,742
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$241,528

Purchase Details

Closed on
Mar 4, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
5.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 9, 1990
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$670,000 California Title Company
-- First American Title
$165,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $569,500
Previous Owner $437,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/09/2021 09/09/21 Sold $670,000 -4.1% --
07/22/2021 07/22/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $699,000 -- --
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,280 $711,008 $318,362 $392,646
2024 $8,280 $697,068 $312,120 $384,948
2023 $8,045 $683,400 $306,000 $377,400
2022 $7,953 $670,000 $300,000 $370,000
2021 $3,355 $274,918 $133,292 $141,626
2020 $3,245 $272,100 $131,926 $140,174
2019 $3,207 $266,766 $129,340 $137,426
2018 $3,143 $261,536 $126,804 $134,732
2017 $3,099 $256,409 $124,318 $132,091
2016 $3,000 $251,382 $121,881 $129,501
2015 $2,966 $247,607 $120,051 $127,556
2014 $2,908 $242,758 $117,700 $125,058
Source: Public Records

Agents Affiliated with this Home

  • Deanne Palmer

    Seller's Agent in 2021

    Deanne Palmer

    Berkshire Hathaway HomeServices California Properties

    (619) 405-1862

    1 in this area

    34 Total Sales

    Deanne Palmer
    Section Image
  • Jason Kardos

    Buyer's Agent in 2021

    Jason Kardos

    Mt. Helix Lifestyles R.E. Serv

    (619) 347-6337

    7 in this area

    77 Total Sales

    Jason Kardos
    Section Image
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Map

Source: San Diego MLS

MLS Number: 210018154

San Diego MLS

APN: 499-151-27

California San Diego County La Mesa 91941

8501-5 Thunderbird Ln, La Mesa, CA

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