NOT LISTED FOR SALE

Estimated Value: $877,000 - $942,837

3 Beds
2 Baths
1,040 Sq Ft
$882/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $715,000 $688 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,847/month

20 Days on Market

Highlights

  • Cathedral Ceiling
  • 2 Car Attached Garage
  • Level Lot
  • Wegeforth Elementary School Rated A-
  • Partially Fenced Property
  • Lap Siding

About This Home

As of October 2021

Three bedroom, two bath house in the heart of Serra Mesa. This light and open home features vaulted ceilings, new paint, new ceiling fans, remodeled bathrooms (2017), and a private yard w/ wrap-around patio. It also boasts dual paned windows, fireplace in living room, and a large driveway with a two-car garage with workspace. Centrally located in San Diego with tons of potential for an owner or investor to make it their own.

Last Agent to Sell the Property

Patrick Cohen

Coldwell Banker Realty License #01936110 Listed on: 09/16/2021

Coldwell Banker Realty

Co-Listed By

Marie Tolstad

Coldwell Banker Realty License #00555757

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,170

Year Built

  • Built in 1958

Lot Details

  • 5,600 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway
  • RV Potential

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Lap Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Living Room with Fireplace

Kitchen

  • Electric Oven
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Utilities

  • Gravity Heating System
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 428-122-02-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,170

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Metro
  • Cross Street: Gramercy Dr & Mobley St
  • Neighborhood: Serra Mesa
  • LP / Sq Ft: 697.12
  • Price Per Sq Ft: 687.5
  • SP/ Sq Ft: 687.5
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1958
  • 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

  • Interior Amenities: Cathedral-Vaulted Ceiling
  • Equipment Available: Dishwasher, Electric Oven, Electric Stove
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Searchable Rooms: Master Bedroom
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 11x12
  • Full Bathrooms: 2
  • Laundry Location: Garage
  • Estimated Sq Ft: 1040
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Lap Siding
  • Fencing: Partial
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking for RV: Potential Space
  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Garage Spaces: 2
  • Parking Spaces Total: 4

Utilities

  • Laundry Utilities: Washer Hookup, Gas & Electric Dryer HU
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Wall/Gravity
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Community: SERRA MESA

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level, Slope Gentle
  • Assessor Parcel Number: 428-122-02-00
  • Estimated Lot Sq Ft: 5600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 15, 2021
Sold by
Tolstad Marie and The Marie Tolstad Trust
Bought by
Arce Richard and Arce Deena
Seller's Agent
Patrick Cohen
Coldwell Banker Realty
List Price
$725,000
Sold Price
$715,000
Premium/Discount to List
-$10,000
-1.38%
Current Estimated Value
$917,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,709
Avg. Annual Appreciation
6.73%
Original Mortgage
$600,000
Outstanding Balance
$553,046
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$359,866

Purchase Details

Closed on
Feb 1, 2019
Sold by
Tolstad Marie
Bought by
The Marie Tolstad Trust

Purchase Details

Closed on
Jun 2, 1986
Bought by
Tolstad Marie
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
Arce Richard $715,000 Fidelity Natl Ttl San Diego
The Marie Tolstad Trust -- None Available
Tolstad Marie $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arce Richard $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $715,000 -1.4% $688 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $725,000 0.0% $697 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $725,000 -- $697 / 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 $9,170 $743,886 $624,240 $119,646
2023 $8,968 $729,300 $612,000 $117,300
2022 $8,730 $715,000 $600,000 $115,000
2021 $2,299 $183,935 $62,769 $121,166
2020 $2,272 $182,050 $62,126 $119,924
2019 $2,232 $178,481 $60,908 $117,573
2018 $2,088 $174,982 $59,714 $115,268
2017 $80 $171,552 $58,544 $113,008
2016 $2,005 $168,190 $57,397 $110,793
2015 $1,975 $165,664 $56,535 $109,129
2014 $1,945 $162,420 $55,428 $106,992
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210026313

San Diego MLS

APN: 428-122-02