NOT LISTED FOR SALE

8980 Lamar St Unit 1 Spring Valley, CA 91977

Estimated Value: $525,000 - $624,090

3 Beds
2.5 Baths
1,182 Sq Ft
$497/Sq Ft Est. Value

Last Sold January 11, 2023

Last sale price $535,000 $453 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,017/month

7 Days on Market

Highlights

  • Gated Community
  • 2 Car Attached Garage
  • Formal Entry
  • Neighborhood Views
  • Laundry Room
  • 1-minute walk to Lamar Park

About This Home

As of January 2023

Move in Ready! Welcome home to this quiet 3-bedroom, 2.5 bath townhome located in Lamar Square, a gated community built in 1995 with only 22 units. This home features an attached 2 car garage with full size laundry and only one shared wall, it feels like a single-family home. This home is flooded with natural light, well maintained, and updated throughout. Home includes central AC and a private outdoor area to host your family BBQs. Convenient location with easy access to the 94 and 125 freeway. This is a Must-See Home!

Last Agent to Sell the Property

Pui Chi Chan

Keller Williams Realty License #02145268 Listed on: 12/01/2022

Keller Williams Realty

Last Buyer's Agent

Bonnie Frazier

ERA Ranch & Sea Realty License #00832760

ERA Ranch & Sea Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,046

Year Built

  • Built in 1995

Lot Details

  • 1 Common Wall

HOA Fees

  • $315 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,182 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Neighborhood Views

Kitchen

  • Propane Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Tax Tract Number 15279
  • Assessor Parcel Number 5032714801

Community Details

Overview

  • 22 Units
  • Lamar Square Townhouse Association, Phone Number (888) 960-3331

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,046

Year Built

Built in 1995

Lot Details

0

HOA Fees

$315 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Zoning: R-1:Single Fam-Res
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5032714801
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1182.00
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 452.62
  • Room Type: All Bedrooms Up, Formal Entry

Exterior Features

  • View: Neighborhood
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave, Propane Oven, Refrigerator
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 315.00
  • Association Fee Frequency: Monthly
  • Association Name: Lamar Square Townhouse
  • Phone: 888-960-3331
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 22

Tax Info

  • Tax Tract Number: 015279

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Jan 11, 2023
Sold by
Li Qi
Bought by
Newman Matthew Allen and Newman Janina Nazia
Seller's Agent
Pui Chi Chan
Keller Williams Realty
Buyer's Agent
Bonnie Frazier
ERA Ranch & Sea Realty
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%
Views
24
Current Estimated Value
$587,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,023
Avg. Annual Appreciation
5.64%
Original Mortgage
$535,000
Outstanding Balance
$520,953
Interest Rate
6.49%
Mortgage Type
VA
Estimated Equity
$90,680

Purchase Details

Closed on
Oct 15, 2010
Sold by
Ekwosi Anthony and Ekwosi Sophia
Bought by
Li Qi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2006
Sold by
Lamar Square Llc
Bought by
Ekwosi Anthony and Ekwosi Sophia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,900
Interest Rate
6.2%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Newman Matthew Allen $535,000 Ticor Title
Li Qi $165,000 First American Title San Die
Ekwosi Anthony $400,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newman Matthew Allen $535,000
Previous Owner Humphrey Thomas Michael $134,760
Previous Owner Li Qi $100,000
Previous Owner Li Qi $125,000
Previous Owner Ekwosi Anthony $384,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2023 01/11/23 Sold $535,000 +1.9% $453 / Sq Ft
12/08/2022 12/08/22 Pending -- -- --
12/01/2022 12/01/22 For Sale $525,000 -- $444 / 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
2024 $7,046 $545,699 $214,971 $330,728
2023 $2,972 $203,175 $80,038 $123,137
2022 $2,912 $199,192 $78,469 $120,723
2021 $2,884 $195,287 $76,931 $118,356
2020 $2,759 $193,286 $76,143 $117,143
2019 $2,713 $189,497 $74,650 $114,847
2018 $2,618 $185,783 $73,187 $112,596
2017 $2,542 $182,141 $71,752 $110,389
2016 $2,442 $178,571 $70,346 $108,225
2015 $2,428 $175,890 $69,290 $106,600
2014 $2,387 $172,445 $67,933 $104,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2207532

California Regional Multiple Listing Service (CRMLS)

APN: 503-271-48-01