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305 Hihill Way

305 Hihill Way, El Cajon, CA 92020
Property in El Cajon
Sold Dec 02, 2020
$930,000
$697,500 by Intercap Lending
Mortgage Due Jan 01, 2051
Sold Apr 29, 2016
$616,000
$492,800 by Community Mortgage Funding Llc
Mortgage Due May 01, 2046
305 Hihill Way in El Cajon, CA was first built in 1965 and is 59 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 10 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 305 Hihill Way has 2,899 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 14,300 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. For those who need parking, there is a carport. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 305 Hihill Way sold most recently in Nov 5, 2020 for a total of $930,000. If you work out the math, that's approximately a cost of $320.80 per sqft. Before that, the property was also sold for $616,000 in Apr 7, 2016. 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 $12,023 in taxes each year. 305 Hihill Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $967,570. If we break it down further, the land itself was valued at $373,305. Improvements to the property, however, were assessed at a total of $594,265. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 14,300
  • Total Building Area: 2,899
  • Building Area: 2,899
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,899
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FLETCHER HILLS
  • Land Acres: 0.328
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: LOT 5 TR 004831

Ownership

  • Current Owner : FARSON TIMOTHY EDWARD
  • Current Owner 2: LOEHR PATRICK GERALD
  • Previous Owner : LOPEZ JOAQUIN
  • Previous Owner 2: LABONTE BRIAN
  • Owner Before Previous Owner: MCKERNEY MICHAEL JEAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Grossmont Union High School District
  • School Tax School District: EL CAJON CITY
  • Census Tract: 016000

Zoning

  • Zoning: RS-9

Geography

  • Assessors Map Reference: 004831
  • Subdivision Tract Number: 004831
  • Parcel: 486-091-01-00
  • Lot: 5
  • Municipality: CITY OF EL CAJON
  • Latitude: 32.7925
  • Longitude: -116.986

    Address

  • Full Address: 305 Hihill Way
  • Address - House Number: 305
  • Address - Street Name: Hihill
  • Address - Suffix Type: Way
  • State: CA
  • City Name: El Cajon
  • Carrier Code: C028
  • 4-Digit Zip Code: 2935
  • Zip Code: 92020

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,023
  • Tax Rate Code Area: 03-006

    Appraisal Valuation

  • Standard Deviation: 0.1656
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 79
  • Final Value: 1,179,570
  • High Value: 1,374,995
  • Low Value: 984,145

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $697,500
  • First Open Lien Mortgage Lender: INTERCAP LENDING
  • First Open Lien Mortgage Recording Date: Dec 02, 2020
  • First Open Lien Mortgage Loan Amount: $697,500
  • 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: Jan 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $967,570
  • Assessed Land Value: $373,305
  • Assessed Improvements Value: $594,265

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 05, 2020
  • Current Sale Recording Date: Dec 02, 2020
  • Current Sale Transaction ID: 11804716702
  • Current Sale Price: $930,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0767935
  • Previous Sale Recording Date: Apr 29, 2016
  • Previous Sale Contract Date: Apr 07, 2016
  • Previous Sale Amount: $616,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: INTERCAP LENDING
  • First Mortgage Transaction Date: Dec 02, 2020
  • First Mortgage Loan Amount: $697,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY MORTGAGE FUNDING LLC
  • Previous Mortgage Transaction Date: Apr 29, 2016
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $492,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: May 01, 2046

About El Cajon



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Frequently Asked Questions

What neighborhood is 305 Hihill Way located in?
The 305 Hihill Way is a located in the neighborhood of El Cajon in El Cajon, El Cajon.
What is the average sales price for listings in 305 Hihill Way?
The average sales price for units in 305 Hihill Way is $0 currently.

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