Seller's Agent in 2024
Michael Ciampa
Real Broker
(619) 993-8482
22 in this area
50 Total Sales
Fahrenheit Lofts 1025 Island Ave Unit 511 San Diego, CA 92101
East Village Neighborhood
1
Bed
1
Bath
768
Sq Ft
$573/mo
HOA Fee
Highlights
- Gated Parking
- 3-minute walk to Park And Market
- 0.42 Acre Lot
- Gated Community
- City Lights View
- Loft
About This Home
As of October 2024This is your chance to own a Downtown Loft for as low as 3.5% down. Striking 11-foot exposed cement ceilings and walls add an industrial-chic vibe to the space. Floor-to-ceiling windows flood the interior with natural light. The open floor plan seamlessly connects the living, dining, and kitchen areas, creating an inviting atmosphere for both relaxation and entertainment. A Juliet balcony with dual sliding doors allows for an indoor/outdoor feel. The loft is newly updated with all new appliances, and comes with one secured parking space. Located in a vibrant neighborhood, you'll have easy access to top-rated restaurants, trendy boutiques, and cultural hotspots. Plus, with off-street parking included, you can explore all that downtown has to offer without any hassle. Fahrenheit is one of Downtown San Diego's most notable condo buildings and a recipient of a prestigious design award from the American Institute of Architects. It's central location is just 2 blocks from PetCo Park, and a short walk to the Bayfront, Gaslamp Quarter and Little Italy. It has one of the lowest monthly HOA fees in the East Village.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,490
Year Built
- Built in 2006
HOA Fees
- $573 Monthly HOA Fees
Parking
- 1 Car Garage
- Gated Parking
Home Design
- Entry on the 1st floor
Interior Spaces
- 768 Sq Ft Home
- Wired For Data
- Living Room
- Dining Area
- Loft
- Tile Flooring
Kitchen
- Gas Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Laundry Room
- Stacked Washer and Dryer
Home Security
Additional Features
- Interior Unit
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 535-125-16-50
Community Details
Overview
- Association fees include common area maintenance, exterior bldg maintenance, gated community, hot water, limited insurance, sewer, trash pickup, water
- 77 Units
- Fahrenheit HOA, Phone Number (858) 657-2156
- Fahrenheit Community
- 7-Story Property
Pet Policy
- Pet Restriction
Security
- Gated Community
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 9, 2024
Closed on
Oct 1, 2024
Sold by
2Mb Partners Llc
Bought by
Elzeftawy Anna Jehan
Seller's Agent
Michael Ciampa
Real Broker
Buyer's Agent
Joe Violi
Pacific Sotheby's International Realty
List Price
$535,000
Sold Price
$500,000
Premium/Discount to List
-$35,000
-6.54%
Views
58
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$873
Avg. Annual Appreciation
0.19%
Original Mortgage
$516,500
Outstanding Balance
$511,070
Interest Rate
6.35%
Mortgage Type
VA
Estimated Equity
-$10,197
Purchase Details
Listed on
Aug 9, 2024
Closed on
Sep 23, 2024
Sold by
Harkins Daniel William
Bought by
Elzeftawy Anna Jehan
Seller's Agent
Michael Ciampa
Real Broker
Buyer's Agent
Joe Violi
Pacific Sotheby's International Realty
List Price
$535,000
Sold Price
$500,000
Premium/Discount to List
-$35,000
-6.54%
Views
58
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,500
Outstanding Balance
$511,070
Interest Rate
6.35%
Mortgage Type
VA
Estimated Equity
-$10,197
Purchase Details
Closed on
Aug 17, 2022
Sold by
Stephen Judge Peter
Bought by
Peter Judge Family Trust
Purchase Details
Closed on
Jul 30, 2020
Sold by
San Diego Condos Llc
Bought by
2Mb Partners Llc
Purchase Details
Closed on
Jul 17, 2012
Sold by
Mandelbaum David John
Bought by
San Diego Condos Llc
Purchase Details
Closed on
Jul 11, 2011
Sold by
Bank Of America National Association
Bought by
Mandelbaum David John
Purchase Details
Closed on
Mar 15, 2011
Sold by
Ehrlich Katie A
Bought by
Bank Of America National Association
Purchase Details
Closed on
Jan 31, 2006
Sold by
Citymark Fahrenheit Llc
Bought by
Ehrlich Katie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,226
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $500,000 | First American Title | |
| Deed | -- | First American Title | |
| Quit Claim Deed | -- | Cunneen Booth Llp | |
| Grant Deed | $328,500 | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | $225,000 | Servicelink | |
| Trustee Deed | $310,000 | None Available | |
| Grant Deed | $410,500 | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $516,500 | VA | |
| Previous Owner | $328,226 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/21/2024 10/21/24 | Sold | $500,000 | +0.2% | $651 / Sq Ft |
| 09/23/2024 09/23/24 | Pending | -- | -- | -- |
| 08/30/2024 08/30/24 | Price Changed | $499,000 | -5.8% | $650 / Sq Ft |
| 08/19/2024 08/19/24 | Price Changed | $530,000 | -0.9% | $690 / Sq Ft |
| 08/09/2024 08/09/24 | For Sale | $535,000 | -- | $697 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
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 | $4,490 | $500,000 | $375,000 | $125,000 |
| 2024 | $4,490 | $348,287 | $222,853 | $125,434 |
| 2023 | $4,387 | $341,459 | $218,484 | $122,975 |
| 2022 | $4,267 | $334,764 | $214,200 | $120,564 |
| 2021 | $4,231 | $328,200 | $210,000 | $118,200 |
| 2020 | $3,990 | $309,640 | $84,445 | $225,195 |
| 2019 | $3,914 | $303,570 | $82,790 | $220,780 |
| 2018 | $3,663 | $297,618 | $81,167 | $216,451 |
| 2017 | $82 | $291,783 | $79,576 | $212,207 |
| 2016 | $3,512 | $286,063 | $78,016 | $208,047 |
| 2015 | $3,456 | $281,767 | $76,845 | $204,922 |
| 2014 | $3,381 | $276,248 | $75,340 | $200,908 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Ciampa
-
Joe Violi
Buyer's Agent in 2024
Joe Violi
Pacific Sothebys
(760) 533-7731
4 in this area
45 Total Sales
About Fahrenheit Lofts
Map
Source: San Diego MLS
MLS Number: 240018852
APN: 535-125-16-50
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS.
Nearby Homes
- 1025 Island Ave Unit 402
- 1025 Island Ave Unit 407
- 1025 Island Ave Unit 313
- 1050 Island Ave Unit 405
- 1050 Island Ave Unit 708
- 1050 Island Ave Unit 706
- 1050 Island Ave Unit 609
- 427 9th Ave Unit 601
- 427 9th Ave Unit 406
- 427 9th Ave Unit 704
- 427 9th Ave Unit 1308
- 427 9th Ave Unit 1305
- 427 9th Ave Unit 707
- 427 9th Ave Unit 405
- 427 9th Ave Unit 501
- 1150 J St Unit 104
- 1150 J St Unit 111
- 1150 J St Unit 323
- 1150 J St Unit 406
- 321 10th Ave Unit 509