807 W Palm Ave. El Cajon, CA 92020

$1,140,000 Sold Price as of 05/31/2018

6 Beds
9 Baths
3,890 Sq.Ft.

Off Market

$1,140,000 Sold Price as of 05/31/2018 Refinance Your Mortgage

Map preview of 807 W Palm Ave., El Cajon, CA 92020

Property Overview: 807 W Palm Ave. El Cajon, CA has 6 bedrooms, 9 bathrooms, 3,890 living square feet and 8,223 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

807 W Palm Ave. is currently an off market home in the city of El Cajon. 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 El Cajon has a median list price of $799,000. The median price per/sqft for El Cajon is $503. With those numbers in mind, if you are looking to purchase a median priced home in El Cajon, CA and put 20% down you will need to save up $159,800 for the down payment and will need roughly $15,980 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 El Cajon the commission could be as much as $40,450. 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 807 W Palm Ave.

Last sold for $1,140,000 on May 31st, 2018

August, 2019
Aug 18, 2019

Date

Sold

CRMLS: 150005107

$850,000

Price
Listing provided courtesy of CRMLS

Neat, tidy and well maintained one story buildings close to Parkway Plaza, restaurants, parks, freeway, bus and trolley services. These modest bread and butter units have several long term tenants in place. Easy to rent. Several units have been updated recently. Studio units and 1 BR units are the same, just a wall/door added down the middle. Amenities: None

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August, 2018
Aug 13, 2018

Date

Sold

CRMLS: 180009288

$1,140,000

Price
Listing provided courtesy of CRMLS

**Motivated Seller, submit all offers** Located right off the 8 freeway, this convenient 9 unit apartment complex has a great unit mix of studios, 1bedroom and 2bedroom units. This property is within walking distance to public transportation and restaurants. With onsite parking and laundry facilities, the property is ideal for an investor looking for a low maintenance, easy to rent investment. With upside in rent increases, the subject property is priced to sell. **DO NOT WALK ON PROPERTY...DRIVE BY ONLY...SHOWN WITH ACCEPTED OFFER** Exterior: ,

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May, 2018
May 31, 2018

Date

Sold (Public Records)

Public Records

$1,140,000

Price
October, 2017
Oct 17, 2017

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 807 W Palm Ave.

Assessed Value (2020): $1,186,056

Year	Land Value	Improved Value	Assessed Value
2020	$416,160	$769,896	$1,186,056

About 807 W Palm Ave.

Detailed summary of property

807 W Palm Ave. is categorized with a use code of Apartment House (5+ Units) in El Cajon, CA 92020 and last sold on May 31, 2018 for $1,140,000. This property has 6 bedrooms, 9 bathrooms, roughly 3,890 living square feet, and sits on an approximately 8,223 square foot lot. Homes in El Cajon are selling for a median price of $809,000 and a median price per square foot of $500. Based on Ardent Real Estate Group's El Cajon Market Data, this home is sold 40.91% higher than the current median priced home. 807 W Palm Ave. was last sold on May 31, 2018 for $1,140,000. Local nearby listings include 1 Gray Stone Way, 6 Poppy Hills Rd and 29 Saint Croix. The average home in El Cajon, CA is selling in 80 days. There are currently 318 homes for sale in the El Cajon real estate market and 230 of them are single family homes while 64 of them are condos and 24 are townhomes. If you are the homeowner and looking to sell the home at 807 W Palm Ave. El Cajon, CA 92020 contact Ardent Real Estate Group and we will put you in touch with one of our El Cajon agents.

Public Facts for 807 W Palm Ave.

Public county record property details

Beds: 6
Baths: 9
Year built: 1956
Sq. Ft.: 3,890
Lot Size: 8,223
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: San Diego
Lot#: 199
APN: 487-520-07-00

The source for these homes facts are from public records.

92020 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$799,000

Median List Price/Sq.Ft.

$503

Median Sold Price

$860,000

Median Sold Price/Sq.Ft.

$485

Total Inventory

115

Median Sale to List Price %

95.66%

Avg Days on Market

Loan Type

Conventional (82.35%), FHA (5.88%), VA (0%), Cash (11.76%), Other (0%)

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