NOT LISTED FOR SALE

8508 Lemon Ave La Mesa, CA 91941

Estimated Value: $1,123,204 - $1,348,000

4 Beds
2 Baths
2,202 Sq Ft
$565/Sq Ft Est. Value

Last Sold October 07, 2016

Last sale price $600,000 $272 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $7,225/month

55 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Partially Fenced Property
  • Grossmont High School Rated A-

About This Home

As of October 2016

This sturdy, poured in place foundation, custom built, roomy, premium location duplex is right next to the village. Walk to shopping, restaurants, park, city pool, par 3 golf, baseball field,and all the other attactions and shops that the village has to offer. These units are larger than usual and have original hardwood floors, balcony patios, and off street parking. Roof replaced in 2005 with 30 year shingles. Exterior painted about 2011. This duplex is in great shap with room for personalization. Neighborhoods: La Mesa Village Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 8508 Unit # for Unit 2: 8510 Number of Furnished Units: 0 Topography: SSLP

Last Agent to Sell the Property

Dan Brophy

Flying Dog Enterprises Inc License #00578892 Listed on: 06/21/2016

Last Buyer's Agent

Mark Cappelletti

Cappelletti Group License #01136226

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 4,835

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • Partially Fenced Property

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 494291015000

Community Details

Overview

  • 2 Units
  • Duplex

Building Details

  • Net Operating Income $26,880

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • CapRate: 0.04
  • Park Name: Duplex
  • Subdivision Name Other: La Mesa
  • View: No
  • Zoning: Res
  • Property Type: Residential Income
  • Parcel Number: 494291015000
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Appliances: Yes
  • Levels: Two

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas, Forced Air
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 38400.00
  • Net Operating Income: 26880.00
  • 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
Jun 25, 2020
Sold by
Cappelletti Lisa and Cappelletti Lisa R
Bought by
Cappelletti Lisa and Lisa Cappelletti Trust
Current Estimated Value
$1,244,551

Purchase Details

Listed on
Jun 21, 2016
Closed on
Aug 31, 2016
Sold by
Evans Richard
Bought by
Cappelletti Lisa R
Seller's Agent
Dan Brophy
Flying Dog Enterprises Inc
Buyer's Agent
Mark Cappelletti
Cappelletti Group
List Price
$600,000
Sold Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%

Purchase Details

Closed on
Apr 23, 2015
Sold by
Richmond John Paul and Richmond Nancy P
Bought by
Barbara C Gamez Trust and Brown Thomas G

Purchase Details

Closed on
Nov 16, 2004
Sold by
Richmond Alan B and Richmond John P
Bought by
Richmond Alan B and Richmond Jean B

Purchase Details

Closed on
Dec 23, 1996
Sold by
Richmond Marjorie J
Bought by
Richmond Marjorie Jean and Richmond Alan B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cappelletti Lisa -- None Available
Cappelletti Lisa R $600,000 Corinthian Title Company
Barbara C Gamez Trust $515,000 Corinthian Title Company
Richmond Alan B -- --
Richmond John Paul -- --
Richmond Marjorie Jean -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2016 10/07/16 Sold $600,000 0.0% $272 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
06/21/2016 06/21/16 For Sale $600,000 +16.5% $272 / Sq Ft
07/08/2015 07/08/15 Sold $515,000 0.0% $234 / Sq Ft View Prior Sale
04/09/2015 04/09/15 Pending -- -- --
11/11/2014 11/11/14 For Sale $515,000 -- $234 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,055 $696,344 $338,031 $358,313
2024 $9,055 $682,691 $331,403 $351,288
2023 $8,753 $669,305 $324,905 $344,400
2022 $8,585 $656,183 $318,535 $337,648
2021 $8,425 $643,318 $312,290 $331,028
2020 $8,131 $636,722 $309,088 $327,634
2019 $7,926 $624,238 $303,028 $321,210
2018 $7,725 $611,999 $297,087 $314,912
2017 $7,568 $600,000 $291,262 $308,738
2016 $6,420 $515,000 $250,000 $265,000
2015 $1,269 $73,392 $17,281 $56,111
2014 $1,239 $71,955 $16,943 $55,012
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160033983

California Regional Multiple Listing Service (CRMLS)

APN: 494-291-15