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873 Loma Valley Pl


San Diego, CA  92106
General Info
Location:  San Diego > Point Loma
Zoning:  Single Family Residential
Use:  Single Family Residential
Parcel Number:  5316120400
Square Feet:  n/a
Bedrooms:  n/a
Bathrooms:  n/a
Tax Assesment
Land Value:  $720,000
Improvement Value:  $128,000
Net Value:  $848,000
Est Property Tax:  $10,600
Sales History
DatePriceHeldReturnAnnual
03/14/2008$600,0002y 4m-29%-13%
10/24/2005$848,0003y 32%10%
10/10/2002$642,0002y 11m43%13%
11/10/1999$450,0002y 2m33%14%
08/20/1997$339,000n/a-   -   
Nearby Properties
AddressSales DatePrice
902 Gage Drn/an/a
910 Gage Dr3/23/1995$300,000
855 Loma Valley Pl2/13/1986$220,000
861 Loma Valley Pl7/9/1990$310,000
867 Loma Valley Pl10/30/2000$449,500
883 Loma Valley Pln/an/a
889 Loma Valley Pln/an/a
975 Gage Dr2/14/2003$575,000
897 Loma Valley Pl7/18/2007$820,000
898 Loma Valley Pl4/2/2003$665,000
Nearby Listings For Sale
AddressPrice
3327 Lucinda Dr$1,750,000   
3333 Harbor View$2,945,000 to $3,545,000   
872 Armada Terrace$2,595,000   
1174 Bangor St$1,495,000 to $1,695,000   
3215 Trumbull$1,295,000   
675 Silvergate Ave$1,255,000   
3639 Charles St$1,998,000 to $2,398,000   
3004 Kona Way$5,900,000   
996 Point$1,275,000   
680 San Fernando St$4,500,000 to $4,750,000   
Media

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 Discussion

Brian 11/26/2007 1:49:18 PMReply

List Price: $899,000
MLS#: 076062646

After extensive renovations, listed at $50k more than purchase price. so much for an investment.
 
Brian 11/26/2007 1:52:15 PMReply

They are now renting rooms as shown by this ad on craigslist.

----------
Rent a room in this newly remodeled modern 4 bedroom, 4 bath home in the exclusive wooded area of Point Loma. The home is fully furnished and includes internet, telephone, and TV jacks throughout. Common areas include a 2 car garage, spacious kitchen and breakfast nook, living room, main loft, and outside deck. The master suite and two bedrooms are available for either weekly or monthly rental.

BEDROOM FOR RENT: This bedroom has about 100 ft of living space on the main floor and about 100 feet in the loft. This room features standard 6 foot closet, a 8'x8' cubby storage, and hidden pull out drawers. The bathroom features an underlit glass vanity and custom lighting. Available to rent monthly at $1000 (plus $100 for all utilities). Deposit is $1000.

Please note that this is a 4 bedroom, 4 bath home shared by 5 roommates.
For more information visit www.873lomavalley.com (the home was listed, but has since been removed) or call Rick at 619-546-8083. Available for move-in Dec 4.
rosecrans at talbot google map yahoo map
Location: Point Loma
it's NOT ok to contact this poster with services or other commercial interests

PostingID: 490167994

http://sandiego.craigslist.org/apa/485991057.html
 
Brian 11/26/2007 2:02:19 PMReply

Not surprisingly, last year's taxes in the amount of $5,479.27 are now defaulted. This year's taxes will be due on Dec 10.

Will the 5 roommates sharing the house be reliable enough to make the mortgage payments on the property? Or will they trash the house and devalue it further?
 
jpinpb 3/16/2008 9:17:13 AMReply

33% off sale.
Listed 899k. Sold! To the lucky lowballers! 600k
Listed: 08/06/2007

I'm proud of the new owners. Back to 2002 prices. Good for them!


 
jpinpb 3/16/2008 1:45:27 PMReply

Incredibly nice!!! Photos here: http://www.873lomavalley.com/
 
BarBroker 3/18/2008 7:29:19 AMReply

That was an extremely short escrow period:
Pending: 3-10-08
Close: 3-14-08
I'll bet there's more to the story. $600K seems way too cheap. That's a real nice property. I just checked and the property taxes are still in default. Something's fishy.
 
Ace23NY 3/24/2008 10:52:28 AMReply

Agreed. That seems way too cheap for this property. If there are no skeletons in the closet, bravo to the buyers. I find it a little hard to believe though. Great work on the pictures JP. This is a really interesting "sale."
 
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