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8860 Hoffing Avenue

8860 Hoffing Avenue, San Diego, CA 92123
Property in Serra Mesa
Sold Jul 16, 2021
$985,000
$788,000 by Us Bank Na
Mortgage Due Aug 01, 2051
Sold Aug 27, 2007
$565,000
$452,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2037
8860 Hoffing Avenue in San Diego, CA was first built in 1958 and is 66 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 8860 Hoffing Avenue has 1,565 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 6,000 square feet.

Learn more about the property and building on this page. 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 excellent. As for heating, the home is utilizing a forced air unit. 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, 8860 Hoffing Avenue sold most recently in Jun 18, 2021 for a total of $985,000. If you work out the math, that's approximately a cost of $629.39 per sqft. Before that, the property was also sold for $565,000 in Jul 26, 2007. 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 $12,256 in taxes each year. 8860 Hoffing Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,004,700. If we break it down further, the land itself was valued at $846,600. Improvements to the property, however, were assessed at a total of $158,100. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Building Quality: B
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 1,565
  • Building Area: 1,565
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,565
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RANCHO CABRILLO
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: LOT 460 TR 003621

Ownership

  • Current Owner : HORBANOV VITALIY
  • Current Owner 2: LEE WONKYONG
  • Previous Owner : MARTIN CYNTHIA ANN
  • Previous Owner 2: CYNTHIA ANN ALBERT 2009 TRUST
  • Owner Before Previous Owner: THOMPSON ROBERT D
  • Owner Before Previous Owner 2: THOMPSON JANE D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: RS-1-7

Geography

  • Assessors Map Reference: 003621
  • Subdivision Tract Number: 003621
  • Parcel: 428-474-14-00
  • Lot: 460
  • Municipality: CITY OF SAN DIEGO
  • Latitude: 32.7935
  • Longitude: -117.141

    Address

  • Full Address: 8860 Hoffing Ave
  • Address - House Number: 8860
  • Address - Street Name: Hoffing
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Diego
  • Carrier Code: C106
  • 4-Digit Zip Code: 3416
  • Zip Code: 92123

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,256
  • Tax Rate Code Area: 08-001

    Appraisal Valuation

  • Standard Deviation: 0.1583
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 1,152,823
  • High Value: 1,335,397
  • Low Value: 970,249

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,026,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Jul 16, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $788,000
  • 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: Aug 01, 2051
  • Second Open Lien Mortgage Lender: PENTAGON FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Nov 01, 2022
  • Second Open Lien Mortgage Loan Amount: $90,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 05, 2052
  • Third Open Lien Mortgage Lender: PENTAGON FCU
  • Third Open Lien Mortgage Recording Date: Feb 28, 2024
  • Third Open Lien Mortgage Loan Amount: $148,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Third Open Lien Mortgage Loan Due Date: Mar 08, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,004,700
  • Assessed Land Value: $846,600
  • Assessed Improvements Value: $158,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 18, 2021
  • Current Sale Recording Date: Jul 16, 2021
  • Current Sale Transaction ID: 11843169484
  • Current Sale Price: $985,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0510825
  • Previous Sale Recording Date: Aug 27, 2007
  • Previous Sale Contract Date: Jul 26, 2007
  • Previous Sale Amount: $565,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Jul 16, 2021
  • First Mortgage Loan Amount: $788,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Aug 27, 2007
  • Previous Mortgage Loan Amount: $452,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2037

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Frequently Asked Questions

What neighborhood is 8860 Hoffing Avenue located in?
The 8860 Hoffing Avenue is a located in the neighborhood of Serra Mesa in Eastern San Diego, San Diego.
What is the average sales price for listings in 8860 Hoffing Avenue?
The average sales price for units in 8860 Hoffing Avenue is $0 currently.

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