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407 Sears Avenue

407 Sears Avenue, San Diego, CA 92114
Property in Jamacha Lomita
Sold Oct 25, 2021
$608,000
$547,200 by Mbs Capital Group Inc
Mortgage Due Nov 01, 2051
Sold May 21, 2021
$420,000
407 Sears Avenue has been categorized by the local assessors in San Diego, CA as a residential type of property. The building on the property was first built in 1954 and is 70 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 407 Sears Avenue has 900 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 6,000 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 carport for those who require parking. According to our sources, there is one available parking space. The property was last sold in Oct 13, 2021 for $608,000. That's $675.56 per sqft. Prior to that sales transaction, the property was also sold in May 5, 2021 for $420,000. 407 Sears Avenue was last assessed in 2023. The total value of the property was assessed at $620,160. Specifically, the land the property is located on was valued at $499,800. While improvements on the property were assessed at a total of $120,360. 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 $7,631. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 900
  • Building Area: 900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 900
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOMITA VILLAGE
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: LOT 623 TR 002952

Ownership

  • Current Owner : MARTINEZ RICHARD ANTHONY
  • Current Owner 2: MARTINEZ VANESSA DIAZ
  • Previous Owner : MEY INVESTMENTS INC
  • Owner Before Previous Owner: BARCLAY KELLIE
  • Owner Before Previous Owner 2: THE KELLOGG LIVING TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: San Diego City Unified School District
  • School Tax School District: SAN DIEGO CITY
  • Census Tract: 003105

Zoning

  • Zoning: RS-1-7

Geography

  • Assessors Map Reference: 002952
  • Subdivision Tract Number: 002952
  • Parcel: 583-222-13-00
  • Lot: 623
  • Municipality: CITY OF SAN DIEGO
  • Latitude: 32.7078
  • Longitude: -117.027

    Address

  • Full Address: 407 Sears Ave
  • Address - House Number: 407
  • Address - Street Name: Sears
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Diego
  • Carrier Code: C015
  • 4-Digit Zip Code: 4906
  • Zip Code: 92114

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,631
  • Tax Rate Code Area: 08-001

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 669,424
  • High Value: 782,804
  • Low Value: 556,043

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $547,200
  • First Open Lien Mortgage Lender: MBS CAPITAL GROUP INC
  • First Open Lien Mortgage Recording Date: Oct 25, 2021
  • First Open Lien Mortgage Loan Amount: $547,200
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $620,160
  • Assessed Land Value: $499,800
  • Assessed Improvements Value: $120,360

    Sales

  • Current Sale Contract Date: Oct 13, 2021
  • Current Sale Recording Date: Oct 25, 2021
  • Current Sale Transaction ID: 11861190104
  • Current Sale Price: $608,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0739111
  • Previous Sale Recording Date: May 21, 2021
  • Previous Sale Contract Date: May 05, 2021
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MBS CAPITAL GROUP INC
  • First Mortgage Transaction Date: Oct 25, 2021
  • First Mortgage Loan Amount: $547,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

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Frequently Asked Questions

What neighborhood is 407 Sears Avenue located in?
The 407 Sears Avenue is a located in the neighborhood of Jamacha Lomita in Southeastern San Diego, San Diego.
What is the average sales price for listings in 407 Sears Avenue?
The average sales price for units in 407 Sears Avenue is $0 currently.

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