NOT LISTED FOR SALE

8861-63 Lemon Ave La Mesa, CA 91941

Estimated Value: $1,038,000 - $1,300,000

5 Beds
3 Baths
2,480 Sq Ft
$456/Sq Ft Est. Value

Last Sold August 31, 2024

Last sale price $1,050,000 $423 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,134/month

53 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • La Mesa Arts Academy Rated A-
  • No Heating

About This Home

As of August 2024

Trust sale. In the same family for over 5 decades. Duplex property plus a studio ADU. Front house 2br 1ba approx. 900 sq ft. Middle house 3br 1ba w/ Living and Family rooms Appx 1,600 sq ft. Studio in back w/ kitchenette and full bath apprx 450 sq ft. Beautiful composite "TREX" deck w/ BBQ area. Detached office and storage room. Solar electric systems on each of the front units. Excellent area surrounded by SFR's. Foothills of Mount Helix.

Last Agent to Sell the Property

Scott Schimpf

Keller Williams Realty License #00932496 Listed on: 06/07/2024

Keller Williams Realty

Last Buyer's Agent

Scott Schimpf

Keller Williams Realty License #00932496 Listed on: 06/07/2024

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,638

Year Built

  • Built in 1953

Lot Details

  • 8,427 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 2,480 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 5003
  • Assessor Parcel Number 4943600400

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Net Operating Income $90,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,638

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 6.50
  • Property Attached: Yes
  • View: No
  • Zoning: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4943600400
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 423.39

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room, Outside
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8427.00
  • Lot Size Acres: 0.1935

Multi Family

  • Gross Scheduled Income: 93600.00
  • Lot Size Area: 8427.0000 Square Feet
  • Net Operating Income: 90000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Number With Dishwasher: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 3600.00
  • Rent Control: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 05003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Aug 20, 2024
Sold by
John Jerome Bowman and John Marion A
Bought by
8861 Lemon Llc
Seller's Agent
Scott Schimpf
Keller Williams Realty
Buyer's Agent
Scott Schimpf
Keller Williams Realty
List Price
$1,375,000
Sold Price
$1,050,000
Premium/Discount to List
-$325,000
-23.64%
Views
108
Current Estimated Value
$1,131,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,079
Avg. Annual Appreciation
6.87%

Purchase Details

Closed on
Jan 14, 1999
Sold by
Bowman John J and Bowman Marion A
Bought by
Bowman John Jerome and Bowman Marion A
Source: Public Records

Range of Values:

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Average Value
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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
8861 Lemon Llc $1,050,000 Lawyers Title
Bowman John Jerome -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2024 08/31/24 Sold $1,050,000 -16.0% $423 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
07/05/2024 07/05/24 Price Changed $1,250,000 -3.8% $504 / Sq Ft
06/27/2024 06/27/24 Price Changed $1,299,000 -5.5% $524 / Sq Ft
06/07/2024 06/07/24 For Sale $1,375,000 -- $554 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $1,638 $1,050,000 $750,000 $300,000
2024 $1,638 $80,573 $21,710 $58,863
2023 $1,559 $78,994 $21,285 $57,709
2022 $1,533 $77,446 $20,868 $56,578
2021 $1,518 $75,928 $20,459 $55,469
2020 $1,489 $75,151 $20,250 $54,901
2019 $1,458 $73,678 $19,853 $53,825
2018 $1,435 $72,234 $19,464 $52,770
2017 $1,382 $70,819 $19,083 $51,736
2016 $1,354 $69,431 $18,709 $50,722
2015 $1,354 $68,389 $18,428 $49,961
2014 $1,319 $67,051 $18,068 $48,983
Source: Public Records

Agents Affiliated with this Home

  • Scott Schimpf

    Seller's Agent in 2024

    Scott Schimpf

    Keller Williams Realty

    (619) 244-5410

    89 Total Sales

    Scott Schimpf
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2403317

California Regional Multiple Listing Service (CRMLS)

APN: 494-360-04

California San Diego County La Mesa 91941

8861-63 Lemon Ave, La Mesa, CA

This home is located at 8861-63 Lemon Ave, La Mesa, CA 91941 since 07 June 2024 and is currently estimated at $1,131,079, approximately $456 per square foot. This property was built in 1953. 8861-63 Lemon Ave is a home located in San Diego County with nearby schools including Lemon Avenue Elementary School, La Mesa Arts Academy, and Grossmont High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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