4545 Palm Ave La Mesa, CA 91941

$1,100,000 Sold Price as of 03/27/2014

4 Beds
4 Baths
1,872 Sq.Ft.

Off Market

$1,100,000 Sold Price as of 03/27/2014 Refinance Your Mortgage

Map preview of 4545 Palm Ave, La Mesa, CA 91941

Property Overview: 4545 Palm Ave La Mesa, CA has 4 bedrooms, 4 bathrooms, 1,872 living square feet and 8,008 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

4545 Palm Ave is currently an off market home in the city of La Mesa. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of La Mesa has a median list price of $875,000. The median price per/sqft for La Mesa is $553. With those numbers in mind, if you are looking to purchase a median priced home in La Mesa, CA and put 20% down you will need to save up $175,000 for the down payment and will need roughly $17,500 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in La Mesa the commission could be as much as $40,750. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 4545 Palm Ave

Last sold for $1,100,000 on March 28th, 2014

August, 2019
Aug 26, 2019

Date

Sold

CRMLS: 130065551

$1,100,000

Price
Listing provided courtesy of CRMLS

This unique charming 7 unit multi-family income complex is located on two separate legal parcels. Address is 4535-4539 and 4545-4551 Palm Ave. One unit is a newer stand alone 3 bedroom home. The remaining 6 units are stand alone cottages with their own private yard area. The property consists of approximately 4877 rental square footage on .34 acres on land. There are 6 garages. Each unit has wood floors, separate bedrooms and some kitchens have been upgraded with granite and SS appliances. The two story home has an extra 3 onsite parking spaces. There is a laundry room which generates additional monthly income. The property is walking distance to Spring Street Trolley Stations, Sprouts Market, and La Mesa's vibrant village district with its tree-lined streets, historic architecture and nightlife experience. This is a great opportunity for an investor looking for a transit-oriented, well-maintained property in a very strong rental location. 100% occupied and below market rents. Pride of ownership.

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March, 2014
Mar 27, 2014

Date

Sold (Public Records)

Public Records

$1,100,000

Price

Tax History for 4545 Palm Ave

Assessed Value (2020): $504,397

Year	Land Value	Improved Value	Assessed Value
2020	$224,176	$280,221	$504,397

About 4545 Palm Ave

Detailed summary of property

4545 Palm Ave is categorized with a use code of Multi-Family Dwellings (Generic, Any Combination 2+) in La Mesa, CA 91941 and last sold on March 27, 2014 for $1,100,000. This property has 4 bedrooms, 4 bathrooms, roughly 1,872 living square feet, and sits on an approximately 8,008 square foot lot. Homes in La Mesa are selling for a median price of $815,000 and a median price per square foot of $589. Based on Ardent Real Estate Group's La Mesa Market Data, this home is sold 34.97% higher than the current median priced home. 4545 Palm Ave was last sold on March 27, 2014 for $1,100,000. Local nearby listings include 14 Coco Beach #202, 43 Glen Cove #133 and 11 Drake. The average home in La Mesa, CA is selling in 92 days. There are currently 166 homes for sale in the La Mesa real estate market and 134 of them are single family homes while 24 of them are condos and 8 are townhomes. If you are the homeowner and looking to sell the home at 4545 Palm Ave La Mesa, CA 91941 contact Ardent Real Estate Group and we will put you in touch with one of our La Mesa agents.

Public Facts for 4545 Palm Ave

Public county record property details

Beds: 4
Baths: 4
Year built: 1938
Sq. Ft.: 1,872
Lot Size: 8,008
Stories: --

Type: Multi-Family Dwellings (Generic, Any Combination 2+)
Pool: No
Spa: No
County: San Diego
Lot#: 2
APN: 494-622-02-00

The source for these homes facts are from public records.

91941 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,090,000

Median List Price/Sq.Ft.

$541

Median Sold Price

$1,080,000

Median Sold Price/Sq.Ft.

$532

Total Inventory

Median Sale to List Price %

98.63%

Avg Days on Market

Loan Type

Conventional (64.29%), FHA (0%), VA (14.29%), Cash (10.71%), Other (10.71%)

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