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5277 Velma Terrace, San Diego, CA 92114
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5277 Velma Terrace San Diego, CA 92114

$600,000 Sold Price as of 09/04/2020
  • 4 Beds
  • 4 Baths
  • 1,837 Sq.Ft.
Sold
$600,000 Sold Price as of 09/04/2020 Refinance Your Mortgage
Map preview of 5277 Velma Terrace, San Diego, CA 92114

Property Overview: 5277 Velma Terrace San Diego, CA has 4 bedrooms, 4 bathrooms, 1,837 living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: One of the best investments in town is here in a family neighborhood. There are 3 bedrooms including the master at entry level along with a large patio facing city views. One of the only homes in the neighborhood with a driveway that fits 6+ cars. Downstairs is an amazing opportunity to rent out with its own separate entrance. Bottom floor has the plumping connection is in place to install a kitchen (1187sqft). Great passive income opportunity or to simply Air BnB. Equipment: Range/Oven Other Fees: 0

Listed by Paulina Salazar | BRE #02014487 | Compass
Co-listed by Dane Soderberg | BRE #01456182 | Compass
Last checked: 7 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
--
HOA Dues
$0/mo
Year built
1951
Garage
1 Car
Property Type:
Single Family Home
Status
Sold
MLS#
200035464
City
San Diego
County
San Diego
Time on Site
1362 days

Virtual Tour

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Property Details for 5277 Velma Terrace

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • See Remarks
Laundry Information
  • Has Laundry
  • See Remarks, In Garage
Room Information
  • Eating Area: Area
  • Basement, Main Floor Bedroom, Exercise Room, Family Room, Attic, Main Floor Master Bedroom, Office
Kitchen Information
  • Has Appliances
  • Dishwasher
Bathroom Information
  • # of Baths (Full): 4
  • # of Baths (1/2): 0
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Fence
  • None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 5483020700
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: None
Location / Neighborhood
Location Information
  • Subdivision Name: Encanto
  • Directions: Cross Street: S San Jacinto Dr.
View more facts & features

Local San Diego Agent

Sale History for 5277 Velma Terrace

Last sold for $600,000 on September 4th, 2020

  • September, 2020

  • Sep 8, 2020

    Date

    Sold

    CRMLS: 200035464

    $600,000

    Price

  • Aug 14, 2020

    Date

    Pending

    CRMLS: 200035464

    $590,000

    Price

  • Aug 12, 2020

    Date

    Price Change

    CRMLS: 200035464

    $590,000

    Price

  • Aug 5, 2020

    Date

    Price Change

    CRMLS: 200035464

    $550,000

    Price

  • Aug 3, 2020

    Date

    Price Change

    CRMLS: 200035464

    $535,000

    Price

  • Aug 1, 2020

    Date

    Price Change

    CRMLS: 200035464

    $499,000

    Price

  • Jul 27, 2020

    Date

    Coming Soon

    CRMLS: 200035464

    $490,000

    Price

  • September, 2020

  • Sep 4, 2020

    Date

    Sold (Public Records)

    Public Records

    $600,000

    Price

  • March, 2005

  • Mar 16, 2005

    Date

    Sold (Public Records)

    Public Records

    $437,500

    Price

Show More

Tax History for 5277 Velma Terrace

Assessed Value (2020): $350,000
Year Land Value Improved Value Assessed Value
2020 $218,000 $132,000 $350,000

Home Value Compared to the Market

This property vs the competition

5277 Velma Terrace sold on September 4, 2020 for 34.08% lower than the current median sold price for the city of San Diego which is $895,000. The median sold price per/sqft for San Diego is $699 and this home is sold at $321.18 per/sqft which puts the price per square foot 54.05% lower than the current median sale per square foot for the city of San Diego.

About 5277 Velma Terrace

Detailed summary of property

5277 Velma Terrace is a single family home that recently sold in San Diego, CA 92114. This house offered 4 bedrooms, 4 bathrooms, roughly 1,837 living square feet, and sits on an approximately -- square foot lot. 5277 Velma Terrace was first listed on ArdentRealEstateGroup.com on July 27, 2020. The homeowner sold the property for $600,000. Home in San Diego are selling for a median price of $895,000 and a median price per square foot of $699. Based on Ardent Real Estate Group's San Diego Market Data, this home is sold 34.08% lower than the current median priced home. Local homes that are currently for sale include 13405 Indian Bow Circle, 23412 Pacific Park Dr #22F and 22681 Oakgrove #426. While the average home in San Diego, CA is selling in 82 days, 5277 Velma Terrace has a days on market of 13 days. There are currently 2148 homes for sale in the San Diego real estate market and 1126 of them are single family homes while 871 of them are condos and 151 are townhomes. For more information on this home for sale at 5277 Velma Terrace San Diego, CA 92114 contact Ardent Real Estate Group and we will put you in touch with one of our San Diego agents.

Public Facts for 5277 Velma Terrace

Public county record property details
Beds
3
Baths
2
Year built
1951
Sq. Ft.
1,187
Lot Size
7,700
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
San Diego
Lot#
4
APN
548-302-07-00

The source for these homes facts are from public records.

92114 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$766,999
Median List Price/Sq.Ft.
$547
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$574
Total Inventory
81
Median Sale to List Price %
100.13%
Avg Days on Market
23
Loan Type
Conventional (23.53%), FHA (11.76%), VA (52.94%), Cash (11.76%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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