NOT LISTED FOR SALE

8703 Valencia St Spring Valley, CA 91977

Estimated Value: $764,000 - $894,000

4 Beds
3 Baths
1,856 Sq Ft
$447/Sq Ft Est. Value

Last Sold March 19, 2024

Last sale price $840,000 $453 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,872/month

2 Days on Market

Highlights

  • Solar Power System
  • Private Yard
  • Cooling Available
  • Gated Parking
  • Formal Dining Room
  • Living Room

About This Home

As of March 2024

Welcome to 8703 Valencia Street! This place is freshly renovated and sits on a big lot with TWO attached yet separate units. The front unit has about 792 square feet with 2 bedrooms, 1 bath, a full kitchen, a cozy eating area, in-unit laundry, and a mini split. The back unit is bigger at around 1064 square feet and offers 2 bedrooms, two bathrooms, a full kitchen, dining room, in-unit laundry, direct backyard access, and two mini splits. Both units get tons of natural light and have cool modern finishes like luxury vinyl flooring, stylish tile in the bathrooms, quartz countertops, white shaker cabinets, and Samsung stainless appliances, including refrigerators. There's plenty of off-street parking and easy backyard access from the street. The spacious lot has lots of potential for adding patios, storage sheds, play equipment, and more. And the location is super convenient, close to freeways, shopping, and dining. Whether you want a flexible living setup for you and your family or you're thinking about generating rental income while living in one of the units, this property has the potential to make comfortable living a reality. SEE VIRTUAL TOUR LINKS FOR 3D TOURS

Last Agent to Sell the Property

Rosalie Rodriguez

Compass License #01057828 Listed on: 03/03/2024

Compass

Last Buyer's Agent

Matt Johnson

Matthew Johnson, Broker License #02025427

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 0.27 Acre Lot
  • Property is Fully Fenced
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Sprinklers on Timer
  • Private Yard
  • Property is zoned R-2:MINOR

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,856 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Formal Dining Room
  • Vinyl Flooring

Kitchen

  • Oven or Range
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Full Size Washer or Dryer
  • Stacked Washer and Dryer

Parking

  • 8 Parking Spaces
  • Driveway
  • Gated Parking
  • Uncovered Parking
  • Off-Street Parking
  • RV Potential

Eco-Friendly Details

  • Solar Power System

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Connected
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 503-392-01-00

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: East County
  • Cross Street: Sweetwater Rd
  • Neighborhood: Spring Valley
  • LP / Sq Ft: 436.37
  • Price Per Sq Ft: 452.59
  • SP/ Sq Ft: 452.59
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1945
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Vinyl Tile
  • Equipment Available: Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator, Solar Panels, Gas Range
  • Searchable Rooms: Dining Area, Dining Room/Separate, Kitchen, Living Room, Laundry
  • Total Bedrooms: 4
  • Bedrooms: 4
  • Master Bedroom Dimensions: 11x13
  • Full Bathrooms: 3
  • Laundry Location: Closet Full Sized, Closet Stacked
  • Estimated Sq Ft: 1856
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full, Chain Link, Wood
  • Roof: Composition
  • Exclusive Use Yard: Yes

Garage/Parking

  • Parking for RV: Gated, Potential Space
  • Non Garage Parking: Uncovered, Driveway, Off Street
  • Parking Spaces Total: 8

Utilities

  • Cooling: Electric
  • Laundry Utilities: Gas, Washer Hookup
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heating Fuel: Electric
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Condo/Co-op/Association

  • Community: SPRING VALLEY

Lot Info

  • Irrigation: Automatic, Sprinklers
  • Lot Size: .25 to .5 AC
  • Topography: Level
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 503-392-01-00
  • Estimated Lot Sq Ft: 11730
  • Estimated Number of Acres: 0.27
  • Map Code Column: A
  • Map Code Page: 1271
  • Map Code Row: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2024
Closed on
Mar 13, 2024
Sold by
Emprise Realty Group Llc
Bought by
Martinez Dolores Diaz
Seller's Agent
Rosalie Rodriguez
Compass
Buyer's Agent
Matt Johnson
Matthew Johnson, Broker
List Price
$809,900
Sold Price
$840,000
Premium/Discount to List
$30,100
3.72%
Views
844
Current Estimated Value
$828,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,189
Avg. Annual Appreciation
-0.74%
Original Mortgage
$858,060
Outstanding Balance
$842,113
Interest Rate
6.63%
Mortgage Type
VA
Estimated Equity
-$13,302

Purchase Details

Closed on
Apr 3, 2023
Sold by
Zulema Barrera Guerra 2018 Trust and Pennix Amelia
Bought by
Emprise Realty Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.42%

Purchase Details

Closed on
Jun 12, 2018
Sold by
Guerra Zulema B
Bought by
Guerra Zulema Barrea and Pennix Amelia
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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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
Martinez Dolores Diaz $840,000 Fidelity National Title
Martinez Dolores Diaz -- Fidelity National Title
Emprise Realty Group Llc $490,000 Fidelity National Title
Guerra Zulema Barrea -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Dolores Diaz $858,060
Previous Owner Emprise Realty Group Llc $285,000
Previous Owner Emprise Realty Group Llc $392,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2024 03/19/24 Sold $840,000 +3.7% $453 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
03/03/2024 03/03/24 For Sale $809,900 -- $436 / 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 $6,510 $856,799 $335,619 $521,180
2024 $6,510 $499,799 $195,778 $304,021
2023 $1,162 $54,338 $21,285 $33,053
2022 $1,124 $53,273 $20,868 $32,405
2021 $1,120 $52,229 $20,459 $31,770
2020 $1,061 $51,695 $20,250 $31,445
2019 $1,042 $50,682 $19,853 $30,829
2018 $979 $49,689 $19,464 $30,225
2017 $925 $48,716 $19,083 $29,633
2016 $876 $47,761 $18,709 $29,052
2015 $864 $47,044 $18,428 $28,616
2014 $854 $46,124 $18,068 $28,056
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240004643

San Diego MLS

APN: 503-392-01