NOT LISTED FOR SALE

8540 S Slope Dr Unit D/2 Santee, CA 92071

Santee Area

Estimated Value: $1,180,440

2.02 Acres
$584,376 Price per Acre
87,991 Sq Ft Lot

Sale Details

Date Sold: February 16, 2024

Last sale price $1,100,000

Est. 7% increase in value since last sale

Current estimated payment $7,524 / mo

29 Days on Market

About This Lot

As of February 2024

We 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

Aaron Marcusmillichap

Colliers International SD, Inc License #01318320 Listed on: 12/09/2023

Last Buyer's Agent

Aaron Marcusmillichap

Colliers International SD, Inc License #01318320 Listed on: 12/09/2023

Property Details

Property Type

  • Land

Lot Details

  • 2.02 Acre Lot
  • Gentle Sloping Lot

Utilities

  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 386-270-22-00

Property Details

Property Type

Land

Lot Details

2.02 Acres

Listing Details

  • Class: Lot/Land
  • Type: Lots/Land
  • Market Area: East County
  • Neighborhood: Santee
  • Cross Street: Prospect Ave
  • Price Per Sq Ft: 544554.46
  • Sale Price List Price: 0.96
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Water: Meter On Property

Condo/Co-op/Association

  • Community: Santee

Lot Info

  • Lot Size: 2+ To 4 Ac
  • Topography: Slope Gentle
  • Water District: Padre Dam Municipal
  • Additional Property Use: With Structures
  • Estimated Lot Sq Ft: 87999
  • Estimated Number of Acres: 2.02
  • Assessor Parcel Number: 386-270-22-00

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
Dec 9, 2023
Closed on
Jan 22, 2024
Sold by
Bought by
Seller's Agent
Aaron Marcusmillichap
Colliers International SD, Inc
Buyer's Agent
Aaron Marcusmillichap
Colliers International SD, Inc
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Views
74
Current Estimated Value
$1,180,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,440
Avg. Annual Appreciation
2.95%

Purchase Details

Closed on
Aug 28, 2023
Sold by
Bought by

Purchase Details

Closed on
Jun 15, 2022
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
$875,000
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 12, 2002
Sold by
Bought by
Source: Public Records
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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
$1,100,000 Lawyers Title
-- None Listed On Document
$1,210,000 Lawyers Title
-- --
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 $900,000
Previous Owner $875,000
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
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

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
2026 $13,330 $1,144,440 $1,040,400 $104,040
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

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Map

Source: San Diego MLS

MLS Number: 230023727

San Diego MLS

APN: 386-270-22

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