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224 Wells Avenue

224 Wells Avenue, El Cajon, CA 92020
House in El Cajon
Sold Nov 23, 2020
$463,000
$416,700 by Quicken Loans Llc
Mortgage Due Dec 01, 2050
Sold Jun 12, 2018
$360,000
$240,000 by World Wide Credit Corp
Mortgage Due Jul 01, 2048
224 Wells Avenue has been categorized by the local assessors in El Cajon, CA as a residential type of property. The building on the property was first built in 1947 and is 77 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. In addition, 224 Wells Avenue has 776 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,151 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 224 Wells Avenue was last sold in Nov 20, 2020 for $463,000. According to our calculations, that's $596.65 per sqft. Prior to that sales transaction, the property was sold for $360,000 in Apr 30, 2018. Current property owners are expected to pay $6,607 in taxes per year. The property on 224 Wells Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $481,705. To break that down further, the land itself was valued at $364,140. While improvements to the property were assessed at a total of $117,565. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,151
  • Total Building Area: 776
  • Building Area: 776
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 776
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VALLEY ACRES
  • Land Acres: 0.141
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: LOT 13 (EX ST WID)W 60 FT OF E 190 FT OF TR 001896

Ownership

  • Current Owner : BAYASI MOHAMAD Z
  • Current Owner 2: MERRACH SARA
  • Previous Owner : ASCANDAR HADEER
  • Owner Before Previous Owner: LYNN RODNEY RANDALL
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Grossmont Union High School District
  • School Tax School District: EL CAJON CITY
  • Census Tract: 016301

Zoning

  • Zoning: RS-6

Geography

  • Assessors Map Reference: 001896
  • Subdivision Tract Number: 001896
  • Parcel: 488-020-15-00
  • Lot: 13
  • Municipality: CITY OF EL CAJON
  • Latitude: 32.7993
  • Longitude: -116.96

    Address

  • Full Address: 224 Wells Ave
  • Address - House Number: 224
  • Address - Street Name: Wells
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: El Cajon
  • Carrier Code: C050
  • 4-Digit Zip Code: 3920
  • Zip Code: 92020

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,607
  • Tax Rate Code Area: 03-188

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 623,913
  • High Value: 729,529
  • Low Value: 518,297

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $416,700
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Nov 23, 2020
  • First Open Lien Mortgage Loan Amount: $416,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $481,705
  • Assessed Land Value: $364,140
  • Assessed Improvements Value: $117,565

    Sales

  • Current Sale Contract Date: Nov 20, 2020
  • Current Sale Recording Date: Nov 23, 2020
  • Current Sale Transaction ID: 11802490202
  • Current Sale Price: $463,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0743477
  • Previous Sale Recording Date: Jun 12, 2018
  • Previous Sale Contract Date: Apr 30, 2018
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Nov 23, 2020
  • First Mortgage Loan Amount: $416,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WORLD WIDE CREDIT CORP
  • Previous Mortgage Transaction Date: Jun 12, 2018
  • Previous Mortgage Loan Amount: $240,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2048

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Frequently Asked Questions

What neighborhood is 224 Wells Avenue located in?
The 224 Wells Avenue is a house located in the neighborhood of El Cajon in El Cajon, El Cajon.
What is the average sales price for listings in 224 Wells Avenue?
The average sales price for units in 224 Wells Avenue is $0 currently.

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