924 Main St Ramona, CA 92065

$2,350,000 Sold Price as of 05/25/2018

10 Beds
10 Baths
4,680 Sq.Ft.

Off Market

$2,350,000 Sold Price as of 05/25/2018 Refinance Your Mortgage

Map preview of 924 Main St, Ramona, CA 92065

Property Overview: 924 Main St Ramona, CA has 10 bedrooms, 10 bathrooms, 4,680 living square feet and 14,289 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

924 Main St is currently an off market home in the city of Ramona. 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 Ramona has a median list price of $845,000. The median price per/sqft for Ramona is $417. With those numbers in mind, if you are looking to purchase a median priced home in Ramona, CA and put 20% down you will need to save up $169,000 for the down payment and will need roughly $16,900 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 Ramona the commission could be as much as $41,500. 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 924 Main St

Last sold for $2,350,000 on May 25th, 2018

July, 2022
Jul 1, 2022

Date

Expired

CRMLS: 210031174

$4,500,000

Price
Dec 14, 2021

Date

Active

CRMLS: 210031174

$4,500,000

Price
Listing provided courtesy of CRMLS

four separate parcels 281-281-14-00, 281-281-15-00, 281-281-17-00 281-281-16-00 Under $200,000 a door! Current cap rate is 5.1% and can go much higher with new rents. 22 one bedroom apartments, most in cottage like setting around communal garden. Plus one office building. Lots of parking including a easement for the lot next door. All units rented. Each unit is metered separately for SDGE. Do not disturb tenants. Unit was sold prior to listing, but is now back on the market due to banks requiring a large deposit. Please see updated financial documents attached to show 45% down payment probably required to purchase Owner has never lived in the property. Buyer to verify all measurements Owner is a real estate broker.

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May, 2018
May 25, 2018

Date

Sold (Public Records)

Public Records

$2,350,000

Price
November, 2013
Nov 8, 2013

Date

Sold (Public Records)

Public Records

$1,325,500

Price

Tax History for 924 Main St

Assessed Value (2020): $1,091,108

Year	Land Value	Improved Value	Assessed Value
2020	$291,312	$799,796	$1,091,108

About 924 Main St

Detailed summary of property

924 Main St is categorized with a use code of Apartment House (5+ Units) in Ramona, CA 92065 and last sold on May 25, 2018 for $2,350,000. This property has 10 bedrooms, 10 bathrooms, roughly 4,680 living square feet, and sits on an approximately 14,289 square foot lot. Homes in Ramona are selling for a median price of $830,000 and a median price per square foot of $390. Based on Ardent Real Estate Group's Ramona Market Data, this home is sold 183.13% higher than the current median priced home. 924 Main St was last sold on May 25, 2018 for $2,350,000. Local nearby listings include 24584 Acadia, 24739 Acadia Dr and 11961 Stonefield Dr. The average home in Ramona, CA is selling in 46 days. There are currently 105 homes for sale in the Ramona real estate market and 92 of them are single family homes while 10 of them are condos and 3 are townhomes. If you are the homeowner and looking to sell the home at 924 Main St Ramona, CA 92065 contact Ardent Real Estate Group and we will put you in touch with one of our Ramona agents.

Public Facts for 924 Main St

Public county record property details

Beds: 10
Baths: 10
Year built: 1950
Sq. Ft.: 4,680
Lot Size: 14,289
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: San Diego
Lot#: 4,5
APN: 281-281-16-00

The source for these homes facts are from public records.

92065 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$845,000

Median List Price/Sq.Ft.

$417

Median Sold Price

$815,000

Median Sold Price/Sq.Ft.

$389

Total Inventory

105

Median Sale to List Price %

101.88%

Avg Days on Market

Loan Type

Conventional (39.29%), FHA (17.86%), VA (7.14%), Cash (32.14%), Other (3.57%)

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