2308 Sumac Drive

Local assessors in San Diego, CA have categorized 2308 Sumac Drive as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 5,900 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2308 Sumac Drive has a total of 750 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, 2308 Sumac Drive sold most recently in Oct 5, 2022 for a total of $565,000. If you work out the math, that's approximately a cost of $753.33 per sqft. Before that, the property was also sold for $491,000 in Dec 1, 2020. 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 $6,955 in taxes each year. The initial year of tax delinquency occurred in 2021. 2308 Sumac Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $565,000. If we break it down further, the land itself was valued at $398,857. Improvements to the property, however, were assessed at a total of $166,143. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.