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2888 Villas Way

2888 Villas Way, San Diego, CA 92108
Sold Mar 09, 2020
$670,000
$587,750 by Bay Equity Llc
Mortgage Due Dec 01, 2051
Sold Dec 03, 2013
$520,000
$312,000 by Morgan Stanley Private Bank Na
Mortgage Due Dec 01, 2043
Local assessors in San Diego, CA have categorized 2888 Villas Way as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 292,623 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. 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, 3 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 are 2 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 2888 Villas Way has a total of 1,443 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. The property was last sold in Feb 4, 2020 for $670,000. That's $464.31 per sqft. Prior to that sales transaction, the property was also sold in Oct 2, 2013 for $520,000. 2888 Villas Way was last assessed in 2023. The total value of the property was assessed at $704,286. Specifically, the land the property is located on was valued at $379,231. While improvements on the property were assessed at a total of $325,055. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $8,573. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Driveway

Driveway

Parking

Attached Garage
Guest Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 292,623
  • Total Building Area: 1,443
  • Building Area: 1,443
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,443
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MISSION CITY
  • Land Acres: 6.718
  • Standard Land Use Code: Condominium unit (residential)
  • County Land Use Code: Leasehold rights (misc.)
  • Legal Description 1: LOT 5 US 16PER DOC04-229567&UND INT IN PHASE 1 TR 014550

Ownership

  • Current Owner : LEHR JESSICA E
  • Previous Owner : BHAKTA DIPAKCHANDRA
  • Previous Owner 2: BHAKTA NAYAN
  • Owner Before Previous Owner: ERICKSON BRIAN G
  • Owner Before Previous Owner 2: ERICKSON KATRINA R
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Diego City Unified School District
  • School Tax School District: SAN DIEGO CITY
  • Census Tract: 009204

Zoning

  • Zoning: RM-2-5

Geography

  • Assessors Map Reference: 014550
  • Subdivision Tract Number: 014550
  • Parcel: 433-301-46-08
  • Lot: 5
  • Municipality: CITY OF SAN DIEGO
  • Latitude: 32.7841
  • Longitude: -117.134

    Address

  • Full Address: 2888 Villas Way
  • Address - House Number: 2888
  • Address - Street Name: Villas
  • Address - Suffix Type: Way
  • State: CA
  • City Name: San Diego
  • Carrier Code: C011
  • 4-Digit Zip Code: 6732
  • Zip Code: 92108

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,573
  • Tax Rate Code Area: 08-217

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 75
  • Final Value: 972,342
  • High Value: 1,152,339
  • Low Value: 792,344

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $587,750
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: Dec 02, 2021
  • First Open Lien Mortgage Loan Amount: $587,750
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $704,286
  • Assessed Land Value: $379,231
  • Assessed Improvements Value: $325,055

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 04, 2020
  • Current Sale Recording Date: Mar 09, 2020
  • Current Sale Transaction ID: 11745068639
  • Current Sale Price: $670,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0120488
  • Previous Sale Recording Date: Dec 03, 2013
  • Previous Sale Contract Date: Oct 02, 2013
  • Previous Sale Amount: $520,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: Mar 09, 2020
  • First Mortgage Loan Amount: $602,330
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • Previous Mortgage Transaction Date: Dec 03, 2013
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $312,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Dec 01, 2043

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Frequently Asked Questions

What neighborhood is 2888 Villas Way located in?
The 2888 Villas Way is a house located in the neighborhood of Mission City in Eastern San Diego, San Diego.
What is the average sales price for listings in 2888 Villas Way?
The average sales price for units in 2888 Villas Way is $0 currently.

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