$280,000
SOLD SEP 24, 2018
2 Beds
1 Bath
1,041 Sq Ft
$410/mo HOA Fee

Recently Sold

$269 Per Sq Ft

7% Below List Price

36 Days on Market

Highlights

  • In Ground Pool
  • 4.02 Acre Lot
  • Family Room Off Kitchen
  • Gage Elementary School Rated A-
  • Open Floorplan
  • Bathtub with Shower

About This Home

As of September 2018

San Carlos/Lake Murray large 2 Bedrm, 1.25 bath single level, upper unit Lake Murray Terrace condo featuring an open floor plan, updated flooring, fresh neutral paint color, A/C (wall unit) & ceiling fans! Located near Grossmont College, Lake Murray, parks, shopping, restaurants and schools. Community features 3 pools, spa, club room, playground and BBQ area and multiple community laundry sites. Rare Investment Opportunity that cash flows with average rents in the area vs an equity based investment.

Last Agent to Sell the Property

Jenae Peckham

Greater San Diego Real Estate License #01320057 Listed on: 07/25/2018

Last Buyer's Agent

Joseph Gover

Coldwell Banker West License #01849800

Coldwell Banker West

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,767

Year Built

  • Built in 1972

HOA Fees

  • $410 Monthly HOA Fees

Home Design

  • Rolled or Hot Mop Roof
  • Composition Roof

Interior Spaces

  • 1,041 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Separate Water Meter

Additional Features

  • In Ground Pool
  • Partially Fenced Property

Listing and Financial Details

  • Assessor Parcel Number 457-610-25-46

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, hot water, limited insurance, roof maintenance, sewer, termite, trash pickup, water
  • 10 Units
  • Lake Murray Terrace Association, Phone Number (619) 543-9400
  • Lake Murray Terrace Community

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,767

Year Built

Built in 1972

Lot Details

0

HOA Fees

$410 per month

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Metro Uptown
  • Cross Street: Lake Murray Blvd
  • Neighborhood: San Carlos/Lake Murray
  • LP / Sq Ft: 273.78
  • Price Per Sq Ft: 268.97
  • SP/ Sq Ft: 268.97
  • Stories: 1 Story
  • Stories In Building: 2
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1972
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 11
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Bathtub, Ceiling Fan, Open Floor Plan, Shower In Tub, Kitchen Open To Family Rm
  • Flooring: Carpet, Laminate, Linoleum/Vinyl
  • Equipment Available: Dishwasher, Range/Oven, Refrigerator, Electric Cooking
  • Searchable Rooms: Bedroom Entry Level, Dining Area
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 14x12
  • Full Bathrooms: 1
  • Laundry Location: Community
  • Estimated Sq Ft: 1041
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Pool: Below Ground, Community/Common
  • Roof: Composition, Rolled/Hot Mop
  • Three or more Steps To Entry: Yes

Garage/Parking

  • Non Garage Parking: Assigned
  • Garage Spaces: 1
  • Parking Spaces Total: 1

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Baseboard
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Lake Murray Terrace
  • Total Fees: 4920.0
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 10
  • Total Number of Units: 230
  • Property Management Company: Pernicano
  • Property Management Phone: 619-543-9400
  • Community: SAN CARLOS
  • Home Owner Association: Lake Murray Terrace
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Hot Water, Limited Insurance, Roof Maintenance, Sewer, Termite, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 410.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619-543-9400
  • Association Amenities: Hot Water, Pet Rules, Pets Permitted, Picnic Area, Spa, Barbecue, Pool

Association/Amenities

  • Entry Level Unit: 2

Fee Information

  • Total Monthly Fees: 410

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 457-610-25-46
  • Estimated Lot Sq Ft: 175162
  • Estimated Number of Acres: 4.02
  • Map Code Column: A
  • Map Code Page: 1251
  • Map Code Row: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2018
Closed on
Sep 13, 2018
Sold by
Lavalla Jeffrey Brian and Lavalla Soraya
Bought by
Gonzalez Javier Zolano and Zolano Mami Sakamoto
Seller's Agent
Jenae Peckham
Greater San Diego Real Estate
Buyer's Agent
Joseph Gover
Coldwell Banker West
List Price
$300,000
Sold Price
$280,000
Premium/Discount to List
-$20,000
-6.67%
Total Days on Market
36
Current Estimated Value
$483,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,699
Avg. Annual Appreciation
8.48%
Original Mortgage
$252,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 1, 2016
Closed on
Feb 25, 2017
Sold by
Salazar Rosa Carolina and Salazar Guillermo
Bought by
Lavalla Jeffrey Brian and Lavalla Soraya
Seller's Agent
Javier Zavala
Broadpoint Properties Inc
Buyer's Agent
Jenae Peckham
Greater San Diego Real Estate
List Price
$199,000
Sold Price
$194,000
Premium/Discount to List
-$5,000
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.33%

Purchase Details

Closed on
Sep 26, 2014
Sold by
Salazar Rosa Carolina and Vazquez Miller Rosa Carolina
Bought by
Salazar Rosa Carolina and Salazar Guillermo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,900
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2002
Sold by
Lee Timothy R
Bought by
Vazquez Miller Rosa Carolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2002
Sold by
Miller James Samuel
Bought by
Vazquez Miller Rosa Carolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2000
Sold by
Swjt Demos James J and Swjt Haydon L
Bought by
Lee Timothy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,760
Interest Rate
7.96%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 21, 1990
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $280,000 Chicago Title Company
Grant Deed $194,000 Corinthian Title Company
Interfamily Deed Transfer -- Lawyers Title
Grant Deed $205,000 First American Title
Interfamily Deed Transfer -- First American Title Ins Co
Grant Deed $108,000 California Title Company
Deed $69,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $249,500 New Conventional
Closed $252,000 New Conventional
Previous Owner $233,900 New Conventional
Previous Owner $235,000 Unknown
Previous Owner $164,000 Purchase Money Mortgage
Previous Owner $104,760 FHA
Closed $3,240 No Value Available
Closed $20,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2018 09/24/18 Sold $280,000 -1.8% $269 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
08/02/2018 08/02/18 Price Changed $285,000 -5.0% $274 / Sq Ft
07/25/2018 07/25/18 For Sale $300,000 +54.6% $288 / Sq Ft
02/28/2017 02/28/17 Sold $194,000 -2.5% $186 / Sq Ft
02/06/2017 02/06/17 Pending -- -- --
08/31/2016 08/31/16 For Sale $199,000 -- $191 / 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
2024 $3,767 $306,216 $102,597 $203,619
2023 $3,695 $300,213 $100,586 $199,627
2022 $3,596 $294,327 $98,614 $195,713
2021 $3,569 $288,557 $96,681 $191,876
2020 $3,526 $285,599 $95,690 $189,909
2019 $3,462 $280,000 $93,814 $186,186
2018 $2,401 $197,880 $66,300 $131,580
2017 $2,344 $194,000 $65,000 $129,000
2016 $2,424 $200,000 $67,000 $133,000
2015 $2,245 $185,000 $62,000 $123,000
2014 $1,767 $145,000 $49,000 $96,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 180040941

San Diego MLS

APN: 457-610-25-46