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Sold for $1,400,000
  • $1,400,000

    5016 Somam Ave, San Diego, CA 92110

    4beds
    2,348sqft
    Single Family Residence
    Built in 1967
    0.26 Acres Lot
    $1,942,800 Zestimate®
    $596/sqft
    $6,515 Estimated rent

    Home value

    $1,942,800

    $1.77M - $2.16M

    $6,515/mo

    Zestimate® history
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    What's special

    Sizable yardPrivate gardenExpansive outdoor living space
    Welcome to a truly unique opportunity in the heart of Bay Park! This classic 2,348sf home, nestled on a generous 11,300sf lot, offers 5 bedrooms and 3 full bathrooms. Built in 1967, the property retains much of its original charm, providing the perfect canvas for those with a vision to create something special. Upon entering, you'll discover a floor plan that's brimming with potential for transformation. The spacious living areas are rich with possibilities for future redesigns, and every bedroom provides plenty of scope for personalization. With the original structure still in place, there's an opportunity to maintain its vintage allure while adapting the overall aesthetics to your preferences. The home’s exterior is equally promising, boasting a sizable yard that's bursting with potential. Whether you envision an expansive outdoor living space or a lush, private garden, the possibilities are endless. We encourage potential buyers to bring their contractor and see the potential this home has to offer. With a little imagination and TLC, you can transform this property into a dream home that’s uniquely yours. This is more than just a home - it's a project, a chance to craft a living space that truly reflects your style and needs. Don't miss out on this rare opportunity to create your dream home in Bay Park - a neighborhood known for its strong sense of community and prime location. This is a project that promises the reward of a lifetime. Roll up your sleeves and let your imagination run wild with the endless possibilities this property presents.

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott W Griggs DRE #01788216 760-815-0622,

    Compass

    Bought with:

    Jason Cassity, DRE #01928236

    Real Broker

    Source: SDMLS,MLS#: 230015953MLS LogoOriginating MLS: SDMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Fireplace, Forced Air Unit
    Cooling
    • N/K
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Refrigerator, Washer, Ice Maker, Gas Cooking
    • Laundry: Electric, Gas
    Features
    • Number of fireplaces: 1
    • Fireplace features: FP in Living Room
    Interior area
    • Total structure area: 2,348
    • Total interior livable area: 2,348 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached
    • Garage spaces: 2
    Features
    • Levels: Split Level
    • Pool features: N/K
    • Fencing: Full
    Lot
    • Size: 0.26 Acres
    Details
    • Parcel number: 4308800200

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Other/Remarks
    • Roof: Shingle
    Condition
    • Fixer
    • Year built: 1967

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Meter on Property
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: BAY PARK
    Location
    • Region: San Diego

    Financial & listing details

    • Price per square foot: $596/sqft
    • Tax assessed value: $1,428,000
    • Annual tax amount: $18,426
    • Date on market: 8/1/2023
    • Listing terms: Cash,Conventional,FHA
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/14/2023Sold$1,400,000+3.9%$596/sqft
    Source: SDMLS #230015953 Report a problem
    8/21/2023Pending sale$1,348,000$574/sqft
    Source: SDMLS #230015953 Report a problem
    8/16/2023Listed for sale$1,348,000$574/sqft
    Source: SDMLS #230015953 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,426 +7%$1,428,000 +2%
    2024$17,228 +1318%$1,400,000 +1253.6%
    2023$1,215 +2.9%$103,426 +2%
    2022$1,181 +0.8%$101,399 +2%
    2021$1,172 +1.3%$99,411 +1%
    2020$1,157 +5%$98,392 +2%
    2019$1,102 +3.9%$96,464 +2%
    2018$1,061 +2.6%$94,573 +2%
    2017$1,034 +1.9%$92,720 +2%
    2016$1,015 +1.6%$90,902 +1.5%
    2015$999 +1.6%$89,537 +2%
    2014$983 $87,784 +0.5%
    2013-- $87,388 +2%
    2012-- $85,676 +2%
    2011-- $83,997 +0.8%
    2010-- $83,370 -0.2%
    2009-- $83,569 +2%
    2008-- $81,931 +2%
    2007-- $80,326 +2%
    2006-- $78,752 +2%
    2005-- $77,209 +2%
    2004-- $75,696 +1.9%
    2003-- $74,310 +2%
    2002-- $72,854 +2%
    2001-- $71,426
    Find assessor info on the county website

    Neighborhood: Bay Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,942,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,942,800