NOT LISTED FOR SALE

8848 Madison Ave La Mesa, CA 91941

Estimated Value: $959,000 - $1,004,647

3 Beds
2 Baths
1,507 Sq Ft
$650/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $725,000 $481 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,943/month

75 Days on Market

Highlights

  • Private Yard
  • 2 Car Detached Garage
  • Partially Fenced Property
  • Grossmont High School Rated A-
  • Floor Furnace
  • Level Lot

About This Home

As of June 2021

Charming, turn-key, highly desired 1941 custom craftsman home in La Mesa! Just a short walk to Lemon Elementary, the Village for Saturday morning coffee at Sheldon’s, craft beer at Curbside, dining at Farmer’s Table, or just shopping at the weekly farmer’s market for fresh produce. This home boasts original hardwood floors in living room, dining room, & bedrooms. Large Bay windows with tons of natural lighting including 2 custom stained glass windows. Huge shaded secure backyard that is ideal for your pets and entertaining guests... plus alley access! Hardwood floors refinished. New paint and new flooring in master. BONUS: Master bedroom has 2nd kitchen for optional rental.

Last Agent to Sell the Property

Joe OMeara

eXp Realty of California, Inc. License #01422229 Listed on: 02/24/2021

eXp Realty of California, Inc.

Last Buyer's Agent

Chau Le

CVL Realty & Mortgage

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 7,279 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Private Yard
  • Property is zoned R-1:SINGLE

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,507 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 494-322-12-00

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: East County
  • Cross Street: Jackson Dr
  • Neighborhood: La Mesa
  • LP / Sq Ft: 431.32
  • Price Per Sq Ft: 481.09
  • SP/ Sq Ft: 481.09
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1941
  • 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

  • Equipment Available: Microwave, Refrigerator, Gas Range
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 10x10
  • Full Bathrooms: 2
  • Laundry Location: Inside
  • Estimated Sq Ft: 1507
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Detached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Parking Spaces Total: 4

Utilities

  • Laundry Utilities: Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Floor Furnace
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: LA MESA

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 494-322-12-00
  • Estimated Lot Sq Ft: 7279
  • Estimated Number of Acres: 0.17
  • Map Code Column: A
  • Map Code Page: 1271
  • Map Code Row: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Jun 3, 2021
Sold by
Skalman Margery Joyce
Bought by
Margery Joyce Skalman 2005 Living Trust and Bergeson
Seller's Agent
Joe OMeara
eXp Realty of California, Inc.
Buyer's Agent
Chau Le
CVL Realty & Mortgage
List Price
$650,000
Sold Price
$725,000
Premium/Discount to List
$75,000
11.54%
Current Estimated Value
$978,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,912
Avg. Annual Appreciation
6.76%
Original Mortgage
$565,000
Outstanding Balance
$510,422
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$468,490

Purchase Details

Listed on
Feb 24, 2021
Closed on
May 18, 2021
Sold by
Bergeson Jean and Bergeson Margery Joyce
Bought by
Stone Gregory Michael and Stone Madison Laduke
Seller's Agent
Joe OMeara
eXp Realty of California, Inc.
Buyer's Agent
Chau Le
CVL Realty & Mortgage
List Price
$650,000
Sold Price
$725,000
Premium/Discount to List
$75,000
11.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Outstanding Balance
$510,422
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$468,490

Purchase Details

Closed on
Oct 4, 2005
Sold by
Skalman Margery J
Bought by
Skalman Margery Joyce
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Margery Joyce Skalman 2005 Living Trust -- --
Stone Gregory Michael $725,000 Chicago Title Company Sd
Skalman Margery Joyce -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Gregory Michael $565,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2021 06/03/21 Sold $725,000 +11.5% $481 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $650,000 -10.3% $431 / Sq Ft
03/01/2021 03/01/21 Off Market $725,000 -- --
02/28/2021 02/28/21 Price Changed $650,000 -7.1% $431 / Sq Ft
02/24/2021 02/24/21 For Sale $700,000 -- $464 / 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 $9,889 $784,762 $552,040 $232,722
2024 $9,889 $769,375 $541,216 $228,159
2023 $9,702 $754,290 $530,604 $223,686
2022 $9,567 $739,500 $520,200 $219,300
2021 $1,520 $58,847 $22,594 $36,253
2020 $1,427 $58,245 $22,363 $35,882
2019 $1,339 $57,104 $21,925 $35,179
2018 $1,232 $55,986 $21,496 $34,490
2017 $1,221 $54,889 $21,075 $33,814
2016 $1,142 $53,813 $20,662 $33,151
2015 $1,153 $53,006 $20,352 $32,654
2014 $1,071 $51,969 $19,954 $32,015
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210004758

San Diego MLS

APN: 494-322-12