A
Seller's Agent in 2024
Aaron Marcusmillichap
Marcus & Millichap
(858) 945-7094
50 Total Sales
8540 S Slope Dr Unit D/2 Santee, CA 92071
Estimated Value: $1,164,000 - $1,233,000
2.02
Acres
$595,039
Price per Acre
87,991
Sq Ft Lot
About This Lot
As of February 2024We are pleased to present, 8540 S Slope Drive, an exceptional 2.02-acre development site located in the picturesque city of Santee, California. This prime real estate parcel is zoned R-2, making it an ideal opportunity for residential development. 8540 S Slope Drive boasts the potential for a lucrative 18-unit composition, broken down into 9 primary residences and 9 ADUs. Situated in Santee’s serene and charming landscape, this development site offers the perfect canvas for creating a community of custom modern homes while preserving the tranquil ambiance of the area. With generous lot sizes, future homeowners will have ample space for creating their dream residences, whether it be a custom family home, a tranquil retreat, or an investment property.
Last Agent to Sell the Property
Marcus & Millichap License #01318320 Listed on: 12/09/2023
Property Details
Property Type
- Land
Est. Annual Taxes
- $13,184
Lot Details
- 2.02 Acre Lot
- Gentle Sloping Lot
Utilities
- Separate Water Meter
Listing and Financial Details
- Assessor Parcel Number 386-270-22-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 9, 2023
Closed on
Jan 22, 2024
Sold by
Risman Family Revocable Trust and Maman Sd Trust
Bought by
Duhancik Teresa and Rodriquez William M
Seller's Agent
Aaron Marcusmillichap
Marcus & Millichap
Buyer's Agent
Aaron Marcusmillichap
Marcus & Millichap
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Views
74
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,979
Avg. Annual Appreciation
5.63%
Purchase Details
Closed on
Aug 28, 2023
Sold by
Keith Henderson & Associates Inc
Bought by
Maman Sd Trust and Risman Family Revocable Trust
Purchase Details
Closed on
Jun 15, 2022
Sold by
Schmitt Family Trust
Bought by
Risman Family Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
5.25%
Mortgage Type
Construction
Purchase Details
Closed on
Sep 12, 2002
Sold by
Schmitt Kiger H and Schmitt Jeannette V
Bought by
Schmitt Kiger Hugh and Schmitt Jeannette Virginia
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Duhancik Teresa | $1,100,000 | Lawyers Title | |
| Maman Sd Trust | -- | None Listed On Document | |
| Risman Family Revocable Trust | $1,210,000 | Lawyers Title | |
| Schmitt Kiger Hugh | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Risman Family Revocable Trust | $875,000 | |
| Closed | Duhancik Teresa | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/16/2024 02/16/24 | Sold | $1,100,000 | -4.3% | -- |
| 01/08/2024 01/08/24 | Pending | -- | -- | -- |
| 12/19/2023 12/19/23 | Price Changed | $1,150,000 | -8.0% | -- |
| 12/09/2023 12/09/23 | For Sale | $1,250,000 | -- | -- |
Source: San Diego MLS
Tax History Compared to Growth
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 | $13,184 | $1,122,000 | $1,020,000 | $102,000 |
| 2024 | $13,184 | $1,100,000 | $1,000,000 | $100,000 |
| 2023 | $13,700 | $1,157,000 | $1,061,000 | $96,000 |
| 2022 | $1,253 | $91,159 | $46,122 | $45,037 |
| 2021 | $1,234 | $89,372 | $45,218 | $44,154 |
| 2020 | $1,137 | $88,457 | $44,755 | $43,702 |
| 2019 | $1,099 | $86,724 | $43,878 | $42,846 |
| 2018 | $1,076 | $85,024 | $43,018 | $42,006 |
| 2017 | $1,060 | $83,358 | $42,175 | $41,183 |
| 2016 | $1,028 | $81,725 | $41,349 | $40,376 |
| 2015 | $1,014 | $80,498 | $40,728 | $39,770 |
| 2014 | $995 | $78,922 | $39,931 | $38,991 |
Source: Public Records
Agents Affiliated with this Home
-
Aaron Marcusmillichap
Map
Source: San Diego MLS
MLS Number: 230023727
APN: 386-270-22
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