NOT LISTED FOR SALE

8989 Lamar St Spring Valley, CA 91977

Estimated Value: $814,000 - $977,000

7 Beds
3 Baths
1,700 Sq Ft
$539/Sq Ft Est. Value

Last Sold October 21, 2024

Last sale price $955,000 $562 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,305/month

19 Days on Market

About This Home

As of October 2024

Offered at $899,900-$949,900 =Multi family House=3 Units -#A =3 BR, #B1=upper 2BR,& #B2 lower 2BR. A= remodeled 3 bedroom 1 Bath home! Beautiful kitchen with quartz countertops and stainless steel appliances. Laminate flooring throughout, private parking & nice private yard. Approx. 700+ sq ft. B1 upper= remodeled 2 bedroom home! Beautiful kitchen features quartz countertops & stainless steel appliances. Laminate flooring throughout, private parking & large private yard. Approx. 500-650 sq ft B2 Lower = renovated 2|bd 1|br home Laminate floors, updated bathroom, & the kitchen is equipped with stainless steel refrigerator, microwave & stove. Gated front yard patio & assigned parking. Approx. 500-650 sq ft

Last Agent to Sell the Property

Memo Cardona

Premier Agency Real Estate Inc. License #01706132 Listed on: 08/31/2024

Last Buyer's Agent

Fernando Castro

Datashare CLAW Default Office Don't Delete License #02138947

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 7,897

Home Design

  • Composition Roof
  • Wood Siding

Additional Features

  • 2-Story Property
  • 7,897 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, water
  • Assessor Parcel Number 503-273-71-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Troy St
  • Neighborhood: Goodland Acres
  • Stories: 2 Story
  • Sale Price List Price: 1.01
  • Total Stories: 2
  • Year Built: 1938
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Roof: Composition

Condo/Co-op/Association

  • Community: SPRING VALLEY

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 503-273-71-00
  • Estimated Lot Sq Ft: 7897
  • Estimated Number of Acres: 0.18
  • Map Code Column: A
  • Map Code Page: 1271
  • Map Code Row: 6

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • No. of Units: 3
  • Number Of Buildings: 1
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2024
Closed on
Oct 2, 2024
Sold by
Renovate San Diego Llc
Bought by
Caldwell Jasam Mae Monzon and Caldwell Terry Lee
Seller's Agent
Memo Cardona
Premier Agency Real Estate Inc.
Buyer's Agent
Fernando Castro
Datashare CLAW Default Office Don't Delete
List Price
$949,900
Sold Price
$955,000
Premium/Discount to List
$5,100
0.54%
Views
77
Current Estimated Value
$916,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,325
Avg. Annual Appreciation
-3.33%
Original Mortgage
$955,000
Outstanding Balance
$944,960
Interest Rate
6.35%
Mortgage Type
VA
Estimated Equity
-$28,285

Purchase Details

Closed on
Oct 13, 2021
Sold by
Cardona Guillermo
Bought by
Renovate San Diego Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,600
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2021
Sold by
Cardona Maria E
Bought by
Cardona Guillermo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,600
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2021
Sold by
Renovate San Diego Llc
Bought by
Cardona Guillermo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,600
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2020
Sold by
Terrace Capital Partners Llc
Bought by
Renovate San Diego Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 8, 2020
Sold by
Grear David W and Grear Judy K
Bought by
Terrace Capital Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 7, 1995
Sold by
Grear David W and Grear Judy K
Bought by
Grear David W and Grear Judy K

Purchase Details

Closed on
Jun 9, 1989
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Caldwell Jasam Mae Monzon $955,000 Ticor Title
Renovate San Diego Llc -- Ticor Title Company
Cardona Guillermo -- Ticor Title
Cardona Guillermo -- Ticor Title Company
Renovate San Diego Llc $415,000 Ticor Title
Terrace Capital Partners Llc $300,000 Ticor Title San Diego Branch
Grear David W -- --
-- $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caldwell Jasam Mae Monzon $955,000
Previous Owner Cardona Guillermo $682,600
Previous Owner Renovate San Diego Llc $370,000
Previous Owner Terrace Capital Partners Llc $394,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2024 10/21/24 Sold $955,000 +0.5% $562 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
08/31/2024 08/31/24 For Sale $949,900 -- $559 / 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 $6,189 $955,000 $600,000 $355,000
2024 $6,189 $440,401 $265,302 $175,099
2023 $5,990 $431,766 $260,100 $171,666
2022 $5,884 $423,300 $255,000 $168,300
2021 $5,823 $415,000 $250,000 $165,000
2020 $2,708 $161,263 $102,939 $58,324
2019 $2,660 $158,102 $100,921 $57,181
2018 $2,541 $155,003 $98,943 $56,060
2017 $2,444 $151,964 $97,003 $54,961
2016 $2,336 $148,985 $95,101 $53,884
2015 $2,324 $146,748 $93,673 $53,075
2014 $2,290 $143,875 $91,839 $52,036
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240020702

San Diego MLS

APN: 503-273-71