$350,000
SOLD MAY 30, 2023

10235 Madrid Way Unit 118 Spring Valley, CA 91977

1 Bed
1 Bath
500 Sq Ft
$275/mo HOA Fee

Recently Sold

$700 Per Sq Ft

6 Days on Market

Highlights

  • 2.21 Acre Lot
  • Community Pool
  • Laundry Facilities
  • Mountain View
  • Balcony
  • Level Lot

About This Home

As of May 2023

This quiet, second-floor condo has a beautiful balcony view, a spacious bedroom and bathroom, and walk-in closet. The complex is complete with a laundry facility, gym and pool. Shopping, restaurants and freeway access are all nearby. Come check it out!

Last Agent to Sell the Property

Katy Carlson

eXp Realty of California, Inc. License #02188110 Listed on: 04/20/2023

eXp Realty of California, Inc.

Last Buyer's Agent

Donna Karen Ray

Compass License #02143240

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,749

Year Built

  • Built in 1985

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Common Roof
  • Stucco Exterior

Interior Spaces

  • 500 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Carport

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System

Listing and Financial Details

  • Assessor Parcel Number 501-264-30-18

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance
  • 50 Units
  • Terraza Maintenance Association, Phone Number (888) 584-5623
  • Terraza Community

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,749

Year Built

Built in 1985

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: East County
  • Cross Street: Aqua Dulce Blvd
  • Neighborhood: Casa De Oro
  • LP / Sq Ft: 700.0
  • Price Per Sq Ft: 700.0
  • SP/ Sq Ft: 700.0
  • Stories: 1 Story
  • Stories In Building: 1
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1985
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 118
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Total Bedrooms: 1
  • Bedrooms: 1
  • Master Bedroom Dimensions: 14X11
  • Full Bathrooms: 1
  • Laundry Location: Community
  • Estimated Sq Ft: 500
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Stucco
  • Patio: Balcony
  • Pool: Community/Common
  • Roof: Common Roof
  • View: Mountains/Hills
  • Three or more Steps To Entry: Yes

Garage/Parking

  • Non Garage Parking: Carport
  • Garage Spaces: 1
  • Parking Spaces Total: 1

Utilities

  • Cooling: Wall/Window
  • Laundry Utilities: Electric
  • Sewer/Septic: Public Sewer
  • Water: Public
  • Heating: Wall/Gravity
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Terraza
  • Total Fees: 3300.0
  • Units In Building: 50
  • Total Number of Units: 62
  • Community: SPRING VALLEY
  • Home Owner Association: Terraza Maintenance
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 275.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 888-584-5623
  • Association Amenities: Pool

Association/Amenities

  • Entry Level Building: 2
  • Entry Level Unit: 2

Fee Information

  • Total Monthly Fees: 275

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 501-264-30-18
  • Estimated Lot Sq Ft: 96121
  • Estimated Number of Acres: 2.21
  • Map Code Column: E
  • Map Code Page: 1271
  • Map Code Row: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
May 19, 2023
Sold by
Robles Gabriella Rachelle
Bought by
Walker Steven Anthony and Walker Holland Anthony
Seller's Agent
Katy Carlson
eXp Realty of California, Inc.
Buyer's Agent
Donna Karen Ray
Compass
List Price
$350,000
Sold Price
$350,000
Views
54
Current Estimated Value
$381,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,570
Avg. Annual Appreciation
3.74%
Original Mortgage
$328,125
Outstanding Balance
$318,800
Interest Rate
6.27%
Mortgage Type
Balloon
Estimated Equity
$62,770

Purchase Details

Listed on
Aug 26, 2022
Closed on
Sep 6, 2022
Sold by
Robles Yasmin
Bought by
Robles Gabriella Rochelle
Seller's Agent
Andrew Cross II
Jerome Smith
Buyer's Agent
Andrew Cross II
Jerome Smith
List Price
$300,000
Sold Price
$310,000
Premium/Discount to List
$10,000
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.19%
Original Mortgage
$317,130
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2014
Sold by
Ralph Timothy
Bought by
Keys Dorothy Faye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,350
Interest Rate
4.07%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 9, 2011
Sold by
Ralph Timothy
Bought by
Ralph Timothy S and Ralph Cynthia P

Purchase Details

Closed on
Jul 20, 2011
Sold by
Kelley R J
Bought by
Ralph Timothy

Purchase Details

Closed on
Feb 5, 2004
Sold by
Madrid Partners Lp
Bought by
Kelley R J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,310
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2003
Sold by
Madrid Partners Lp
Bought by
Pastori Jo Ann
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $350,000 Lawyers Title
Deed -- First American Title
Grant Deed $310,000 First American Title
Grant Deed $145,000 Ticor Title
Interfamily Deed Transfer -- None Available
Grant Deed $65,000 Ticor Title Company Of Ca
Interfamily Deed Transfer -- Ticor Title Company Of Calif
Grant Deed $166,000 Stewart Title Of Ca Inc
Grant Deed $213,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $328,125 Balloon
Previous Owner $317,130 New Conventional
Previous Owner $4,350 FHA
Previous Owner $142,373 FHA
Previous Owner $149,310 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $350,000 0.0% $700 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $350,000 +12.9% $700 / Sq Ft
09/30/2022 09/30/22 Sold $310,000 +3.3% $620 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $300,000 -- $600 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,749 $364,138 $293,661 $70,477
2024 $4,749 $356,999 $287,903 $69,096
2023 $4,214 $164,210 $63,156 $101,054
2022 $2,422 $164,210 $63,156 $101,054
2021 $2,403 $160,991 $61,918 $99,073
2020 $2,297 $159,342 $61,284 $98,058
2019 $2,261 $156,219 $60,083 $96,136
2018 $2,173 $153,156 $58,905 $94,251
2017 $2,102 $150,153 $57,750 $92,403
2016 $2,012 $147,210 $56,618 $90,592
2015 $1,995 $145,000 $55,768 $89,232
2014 $1,169 $66,600 $25,615 $40,985
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230007248

San Diego MLS

APN: 501-264-30-18