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6283 Lorca Drive

6283 Lorca Drive, San Diego, CA 92115
House in Rolando
Sold Feb 27, 2024
$1,800,000
$5,000,000 by Trilion Capital Fund, Llc
Mortgage Due Feb 27, 2054
Sold Jun 24, 2021
$724,000
$928,000 by Lendinghome Funding Corp
Mortgage
Local assessors in San Diego, CA have categorized 6283 Lorca Drive as a residential type of property. The home was built in 1944 and is 80 years old. The property's lot size has been calculated to be 11,618 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily 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, 7 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 4 full bathrooms. There are also 5 partial bathrooms. 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 6283 Lorca Drive has a total of 3,177 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 attached garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of materials that we aren't sure of. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on a wall air conditioning unit for their cooling system. The home's floor/wall heating system is the primary heating source. 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, 6283 Lorca Drive sold most recently in Dec 26, 2023 for a total of $1,800,000. If you work out the math, that's approximately a cost of $566.57 per sqft. Before that, the property was also sold for $724,000 in Jun 16, 2021. 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 $9,287 in taxes each year. The initial year of tax delinquency occurred in 2022. 6283 Lorca Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $753,249. If we break it down further, the land itself was valued at $555,573. Improvements to the property, however, were assessed at a total of $197,676. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • Building Count: 1
  • Bedroom Count: 7
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 4
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,618
  • Lot Size Frontage Feet: 690
  • Total Building Area: 3,177
  • Gross Building Area: 3,177
  • Building Area: 3,177
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 3,177
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROLANDO GLEN
  • Land Acres: 0.267
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • County Land Use Code: Road (right-of-way)
  • Legal Description 1: BLK 39 LOT 10 TR 002016

Ownership

  • Current Owner : STATUS INVESTMENTS LLC
  • Previous Owner : WAYPOINT 51 LLC
  • Owner Before Previous Owner: SOMERVILLE STEPHEN D
  • Owner Before Previous Owner 2: SOMERVILLE STEPHEN D
  • Ownership Rights Codes: Company/Corporation
  • 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: 002902

Zoning

  • Zoning: RS-1-7

Geography

  • Assessors Map Reference: 002016
  • Subdivision Tract Number: 002016
  • Parcel: 473-062-10-00
  • Block: 39
  • Lot: 10
  • Municipality: CITY OF SAN DIEGO
  • Latitude: 32.7569
  • Longitude: -117.062

    Address

  • Full Address: 6283 Lorca Dr
  • Address - House Number: 6283
  • Address - Street Name: Lorca
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: San Diego
  • Carrier Code: C028
  • 4-Digit Zip Code: 5507
  • Zip Code: 92115

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $9,287
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 08-026

    Appraisal Valuation

  • Standard Deviation: 0.4404
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 11
  • Final Value: 806,436
  • High Value: 1,161,667
  • Low Value: 451,204

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,000,000
  • First Open Lien Mortgage Lender: TRILION CAPITAL FUND, LLC
  • First Open Lien Mortgage Recording Date: Feb 27, 2024
  • First Open Lien Mortgage Loan Amount: $5,000,000
  • 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: Feb 27, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $753,249
  • Assessed Land Value: $555,573
  • Assessed Improvements Value: $197,676

    Sales

  • Current Sale Contract Date: Dec 26, 2023
  • Current Sale Recording Date: Feb 27, 2024
  • Current Sale Transaction ID: 11921528967
  • Current Sale Price: $1,800,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 47888
  • Previous Sale Recording Date: Jun 24, 2021
  • Previous Sale Contract Date: Jun 16, 2021
  • Previous Sale Amount: $724,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRILION CAPITAL FUND, LLC
  • First Mortgage Transaction Date: Feb 27, 2024
  • First Mortgage Loan Amount: $5,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: LENDINGHOME FUNDING CORP
  • Previous Mortgage Transaction Date: Jun 24, 2021
  • Previous Mortgage Loan Amount: $928,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

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Frequently Asked Questions

What neighborhood is 6283 Lorca Drive located in?
The 6283 Lorca Drive is a house located in the neighborhood of Rolando in Mid-City, San Diego.
What is the average sales price for listings in 6283 Lorca Drive?
The average sales price for units in 6283 Lorca Drive is $0 currently.

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