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Ramona 92065 Ramona
1603 Griffith Street
$675,000
● House - Off Market

1603 Griffith Street

Ramona, CA 92065
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,367 Ft²
$1,031,313
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

Well maintained home on all level, usable 10 acs, original owner. Gated entrance to long driveway leads you to a 3br home with plenty of room to grow, formal living, family rm + enclosed bonus room, laundry room inside with bathroom, new carpet in bedrooms.  2 fireplaces, 1 is a wood insert. 3 wells (for irrigation only) Home on city water. 30x16 outbuilding/workshop, also gated, another outbuilding in back off patio. Neighborhoods: Ramona Other Fees: 0 Sewer:  Septic Installed Topography: LL
Unit Size
2,367 Ft²
Days on Market
91 days
Land Size
10.00 acres
Price per sqft
$294
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1970

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (SDMLS #190000882)

Price History

Date / Event Date Event Price
Apr 5, 2019 Sold
Premium
Sold
Jan 4, 2019 Listed by MJN Real Estate, Inc $695,000
Listed by MJN Real Estate, Inc

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 435,600
  • Total Building Area: 2,367
  • Building Area: 2,367
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,367
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAMONA
  • Land Acres: 0000010000
  • Standard Land Use Code: 1001
  • County Land Use Code: 11
  • Legal Description 1: BLK 404 N 10 AC OF TR 000643

Neighborhood

  • School District Name: Ramona City Unified School District
  • School Tax School District: UNIFIED RAMONA
  • Census Tract: 020813

Zoning

  • Zoning: A70

Geography

  • Assessors Map Reference: 000643
  • Subdivision Tract Number: 000643
  • Parcel: 284-090-17-00
  • Block: 404
  • Lot: 404
  • Municipality: RAMONA UNIFIED
  • Latitude: 33.0291
  • Longitude: -116.838

    Address

  • Full Address: 1603 Griffith Rd
  • Address - House Number: 1603
  • Address - Street Name: Griffith
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Ramona
  • Carrier Code: C010
  • 4-Digit Zip Code: 3506
  • Zip Code: 92065

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $778,446
  • Tax Rate Code Area: 65-010

    Appraisal Valuation

  • Standard Deviation: 0.1513
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 81
  • Final Value: 1,005,410
  • High Value: 1,157,552
  • Low Value: 853,268

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $723,734
  • Assessed Land Value: $321,660
  • Assessed Improvements Value: $402,074

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 14, 2019
  • Current Sale Recording Date: Apr 04, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2019-0121166
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ramona

Stats & Trends

Median Asking:

$785,000

Sale Price/ft²

$450

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2076 ft²

Average Home Age

45.4 years

Currently For Sale

27 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 337 D Street, RAMONA, CA, 92065

$3,150 /mo

  • 2 Beds
  • 2 Baths
  • 1,050 ft²
337 D Street, RAMONA, CA, 92065 Listing by Brandon Powell
Unit for rent at 331 D Street, RAMONA, CA, 92065

$3,150 /mo

  • 2 Beds
  • 2 Baths
  • 1,050 ft²
331 D Street, RAMONA, CA, 92065 Listing by Brandon Powell
Unit for rent at 327 D Street, RAMONA, CA, 92065

$3,150 /mo

  • 2 Beds
  • 2 Baths
  • 1,050 ft²
327 D Street, RAMONA, CA, 92065 Listing by Brandon Powell

Rentals Near You

Click here to view more rentals in the neighborhood.
SDMLS

Listed by: Nicholas Deseno, MJN Real Estate, Inc
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 190000882
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Frequently Asked Questions

When was property at 1603 Griffith Road built and last sold?
The property at 1603 Griffith Road was built in 1970 and last sold on Mar 14, 2019 for $675,000.
How much is this home worth?
The estimated value of the home located at 1603 Griffith Road is $727,383.
What are some comparable homes to 1603 Griffith Road?
There are currently no comparable homes to 1603 Griffith Road.
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