tomo logo

$400,000

Beds
2
Baths
1.5
sq ft
990

7940 University Ave Unit 18, La Mesa, CA 91942

7940 University Ave Unit 18

La Mesa, CA 91942

  • 9 days on market
Live Auction! Bidding to start from $400,000! Welcome to this beautiful two-story condominium with no one above or below you located in the secluded gated community of Villa De Fanta. Built in 1980, this 990-square-foot unit offers 2 bedrooms and 1.5 bathrooms. The home features high ceilings, an open floor plan, and in-unit washer and dryer hookups. Recent upgrades include central air conditioning, new windows, bamboo flooring, and travertine tile countertops. A spacious patio off the living room provides mountain and pool views. This is one of the best locations in the complex with just steps to the pool! The property includes one assigned parking space, with an additional spot available optionally. Centrally located near downtown La Mesa with all the shops, and restaurants, and approximately 15 minutes from Downtown San Diego and 20 minutes from the beach. HOA includes Water and Trash.

Details

Property type

Condominium

Est. home value

$480,612

Lot size

1.8638 acres

Price per sq ft

$405

Year built

1979

Monthly HOA fee

$430

Price History

02/14/2025
CRMLS

CRMLS #OC25033403

Listed
$400,000
-23.81%
01/18/2025
SanDiego

SanDiego #240028059

Removed
$525,000
12/06/2024
SanDiego

SanDiego #240028059

Listed
$525,000
+1.94%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Grossmont Union

Number of units in community: 

40

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

-$152,299
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$520,299
Cash to seller
-$152,299

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

January 2024

Original loan amount

$526,072

Est. remaining balance

$520,299

Interest rate

7.03%

Loan type

VA, 30 year

Seller

Bryan Kelly

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/23/2025 at 2:45 AM

Listing updated: 02/20/2025 at 9:20 AM

Listed by: Angelina Pasqualino, Angelina Pasqualino, Harcourts Prime PropertiesHarcourts Prime Properties Phone #: (949) 248-1888

MLS: CRMLS #OC25033403

CRMLS logo

Recently listed in La Mesa

$899,000|2 bd|1.0 ba|House
$975,000|3 bd|2.0 ba|House
$695,000|3 bd|1.0 ba|House
$550,000|2 bd|1.5 ba|Townhouse
$939,900|3 bd|2.0 ba|House
$1,150,000|4 bd|2.0 ba|House
$879,000|3 bd|2.0 ba|House