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3985 Marcwade Drive

3985 Marcwade Drive, San Diego, CA 92154
Property in Otay Mesa West
Sold Oct 14, 2020
$589,000
$530,000 by Fairway Independent Mortgage C
Mortgage Due Apr 01, 2052
Sold Apr 12, 2016
$430,000
$439,245 by First California Funding
Mortgage Due May 01, 2046
3985 Marcwade Drive in San Diego, CA was first built in 1969 and is 55 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a residential property type. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 3985 Marcwade Drive has 1,503 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 6,700 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a carport. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of block. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3985 Marcwade Drive was last sold in Sep 28, 2020 for $589,000. According to our calculations, that's $391.88 per sqft. Prior to that sales transaction, the property was sold for $430,000 in Mar 21, 2016. Current property owners are expected to pay $7,189 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2019. The property on 3985 Marcwade Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $612,793. To break that down further, the land itself was valued at $263,563. While improvements to the property were assessed at a total of $349,230. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Construction Type: Frame
  • Exterior Walls Type: Block
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,700
  • Total Building Area: 1,503
  • Building Area: 1,503
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,503
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PRINCESS DEL CERRO
  • Land Acres: 0.154
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: LOT 654 TR 006443

Ownership

  • Current Owner : ALEGRADO CZARINA
  • Current Owner 2: FERNANDEZ KENNETH A
  • Previous Owner : BELL MICHAEL V
  • Previous Owner 2: BELL CASSIDY
  • Owner Before Previous Owner: HUNTER DANIEL S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sweetwater Union High School District
  • School Tax School District: SAN DIEGO CITY
  • Census Tract: 010004

Zoning

  • Zoning: RS-1-7

Geography

  • Assessors Map Reference: 006443
  • Subdivision Tract Number: 006443
  • Parcel: 631-153-01-00
  • Lot: 654
  • Municipality: CITY OF SAN DIEGO
  • Latitude: 32.5729
  • Longitude: -117.048

    Address

  • Full Address: 3985 Marcwade Dr
  • Address - House Number: 3985
  • Address - Street Name: Marcwade
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: San Diego
  • Carrier Code: C010
  • 4-Digit Zip Code: 3745
  • Zip Code: 92154

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,189
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 08-281

    Appraisal Valuation

  • Standard Deviation: 0.1641
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 79
  • Final Value: 798,382
  • High Value: 929,425
  • Low Value: 667,339

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $530,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Mar 22, 2022
  • First Open Lien Mortgage Loan Amount: $530,000
  • 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: Apr 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $612,793
  • Assessed Land Value: $263,563
  • Assessed Improvements Value: $349,230

    Sales

  • Current Sale Contract Date: Sep 28, 2020
  • Current Sale Recording Date: Oct 14, 2020
  • Current Sale Transaction ID: 11798957957
  • Current Sale Price: $589,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0624367
  • Previous Sale Recording Date: Apr 12, 2016
  • Previous Sale Contract Date: Mar 21, 2016
  • Previous Sale Amount: $430,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Oct 14, 2020
  • First Mortgage Loan Amount: $578,331
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CALIFORNIA FUNDING
  • Previous Mortgage Transaction Date: Apr 12, 2016
  • Previous Mortgage Loan Amount: $439,245
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: May 01, 2046

About Southern San Diego



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Frequently Asked Questions

What neighborhood is 3985 Marcwade Drive located in?
The 3985 Marcwade Drive is a located in the neighborhood of Otay Mesa West in Southern San Diego, San Diego.
What is the average sales price for listings in 3985 Marcwade Drive?
The average sales price for units in 3985 Marcwade Drive is $0 currently.

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