1068 Broadway

Local assessors in El Cajon, CA have categorized 1068 Broadway as a type of property. The home was built in 1985 and is 41 years old. The property's lot size has been calculated to be 38,768 square feet. If we look only at the heated or air conditioned part of the building, then 1068 Broadway has a total of 5,632 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1068 Broadway sold most recently in Oct 25, 2022 for a total of $6,250,000. If you work out the math, that's approximately a cost of $1,109.73 per sqft. Before that, the property was also sold for $2,006,000 in Jun 2, 2009. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,728,656 in taxes each year. 1068 Broadway was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,750,000. If we break it down further, the land itself was valued at $3,000,000. Improvements to the property, however, were assessed at a total of $1,750,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!