NOT LISTED FOR SALE

M2i 1050 Island Ave Unit 604 San Diego, CA 92101

East Village Neighborhood

Estimated Value: $808,000 - $875,000

2 Beds
2 Baths
1,283 Sq Ft
$487/mo HOA Fee

Last Sold October 16, 2017

Last sale price $687,000 $535 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,916/month

6 Days on Market

Highlights

  • Fitness Center
  • 2-minute walk to Park And Market
  • 0.95 Acre Lot
  • Gated Community
  • City Lights View
  • 4-minute walk to Fault Line Park

About This Home

As of October 2017

Very rare "Built out" 2 bedroom loft at M2i. This newly remodeled and spacious loft has defined bedrooms with plenty of living space left over. The second bedroom opens up to the living rooms with a custom Reclaimed wood Barn Door imported from Pakistan. The remodel was tastefully done with current modern design touches and higher end appointments. The modern upgrades along with softer wood touches and exposed concrete accents represent the urban and modern design style well. See supplement for details Only in M2i can you accomplish the best of both worlds: design and style elements of a loft. This 6th floor loft is one of the most stylish in the building. Remodel and upgrades include: New Quartz Counters in Kitchen and Master Bathroom, White subway tile back splash in kitchen, upgraded Stainless appliances, Craus trough style sink in kitchen, custom window coverings, 2 parking spaces, 2 walk in closets. M2i is a contemporary and modern loft style building in East Village. With moderate homeowner's dues and moderate amenities, the building is a highly desirable East Village choice for buyers. The unit interior design style has all the characteristics of loft Living: exposed concrete, 11 foot ceilings on most units and open loft floor plans. The building has a fully-equipped fitness facility, rooftop BBQ deck and fire place, and a serene central courtyard with tropical landscaping. The community has 2 lobbies entrances each with their own style and design.

Last Agent to Sell the Property

Michael Ciampa

Real Broker License #01389534 Listed on: 07/19/2017

Real Broker

Last Buyer's Agent

Matthew Forness

Welcome to San Diego Real Estate License #02020574

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,575

Year Built

  • Built in 2005

Lot Details

  • 0.95

HOA Fees

  • $487 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Tandem Garage

Home Design

  • Turnkey
  • Brick Exterior Construction

Interior Spaces

  • 1,283 Sq Ft Home
  • Open Floorplan
  • Wired For Data
  • High Ceiling

Kitchen

  • Gas Cooktop
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Additional Features

  • Interior Unit
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 535-122-20-31

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gas, gated community, hot water, limited insurance, sewer, trash pickup, water
  • 230 Units
  • M2i HOA, Phone Number (619) 255-7682
  • M2i Community
  • 7-Story Property

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Recreation

  • Recreational Area

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,575

Year Built

Built in 2005

Lot Details

0

HOA Fees

$487 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Property Condition: Turnkey
  • Market Area: Metro Central
  • Cross Street: Island and 10th
  • Neighborhood: East Village
  • Supplement: Only in M2i can you accomplish the best of both worlds: design and style elements of a loft. This 6th floor loft is one of the most stylish in the building. Remodel and upgrades include: New Quartz Counters in Kitchen and Master Bathroom, White subway tile back splash in kitchen, upgraded Stainless appliances, Craus trough style sink in kitchen, custom window coverings, 2 parking spaces, 2 walk in closets. M2i is a contemporary and modern loft style building in East Village. With moderate homeowner's dues and moderate amenities, the building is a highly desirable East Village choice for buyers. The unit interior design style has all the characteristics of loft Living: exposed concrete, 11 foot ceilings on most units and open loft floor plans. The building has a fully-equipped fitness facility, rooftop BBQ deck and fire place, and a serene central courtyard with tropical landscaping. The community has 2 lobbies entrances each with their own style and design.
  • LP / Sq Ft: 535.46
  • Price Per Sq Ft: 535.46
  • Residential Unit Location: Middle
  • SP/ Sq Ft: 535.46
  • Stories: 1 Story
  • Stories In Building: 7
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 2005
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 604
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Balcony, High Ceilings (9 Feet+), Open Floor Plan
  • Flooring: Tile, Wood
  • Equipment Available: Dishwasher, Disposal, Microwave, Refrigerator, Washer, Gas Cooking
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 12x20
  • Full Bathrooms: 2
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 1283
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Brick
  • Patio: Balcony
  • View: City, Evening Lights

Garage/Parking

  • Garage Details: Tandem, Underground
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric
  • Security: Gated Community
  • Sewer/Septic: Sewer Available
  • Water: Available
  • Heating Fuel: Electric
  • Telecommunications: Cable (coaxial), Wired High Speed Internet

Condo/Co-op/Association

  • Complex Name: M2i
  • Total Fees: 5844.0
  • Units In Building: 230
  • Total Number of Units: 230
  • Community: DOWNTOWN
  • Complex Features: BBQ, Exercise Room, Gated Community, Recreation Area
  • Home Owner Association: M2i HOA
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Gas, Gated Community, Hot Water, Limited Insurance, Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 487.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619.255.7682
  • Association Amenities: Gym/Ex Room, Outdoor Cooking Area

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 6

Fee Information

  • Total Monthly Fees: 487

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 535-122-20-31
  • Estimated Lot Sq Ft: 41218
  • Estimated Number of Acres: 0.95
  • Map Code Column: B
  • Map Code Page: 1289
  • Map Code Row: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2024
Sold by
Armstrong Jon and Armstrong Amanda
Bought by
Urban Element Sd Llc
Current Estimated Value
$838,520

Purchase Details

Closed on
Aug 15, 2017
Sold by
Konechny Kylo and Konechny Kayleen N
Bought by
Armstrong Jon and Armstrong Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,600
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2009
Sold by
Us Bank National Association
Bought by
Konechny Kylo and Konechny Kayleen N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2009
Sold by
Sadeghi Minou E
Bought by
Us Bank National Association

Purchase Details

Closed on
Sep 23, 2005
Sold by
Citymark M2i Llc
Bought by
Sadeghi Minou E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,900
Interest Rate
5.97%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Urban Element Sd Llc -- None Listed On Document
Armstrong Jon -- None Listed On Document
Armstrong Jon $687,000 First American Title
Konechny Kylo $390,000 Landsafe Title
Us Bank National Association $384,750 Landsafe Title
Sadeghi Minou E $580,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Armstrong Jon $544,000
Previous Owner Armstrong Jon $535,000
Previous Owner Armstrong Jon $538,000
Previous Owner Armstrong Jon $549,000
Previous Owner Armstrong Jon $549,600
Previous Owner Konechny Kayleen N $303,000
Previous Owner Konechny Kylo $312,000
Previous Owner Sadeghi Minou E $540,000
Previous Owner Sadeghi Minou E $115,900
Previous Owner Sadeghi Minou E $405,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2017 10/16/17 Sold $687,000 0.0% $535 / Sq Ft
07/26/2017 07/26/17 Pending -- -- --
07/19/2017 07/19/17 For Sale $687,000 0.0% $535 / Sq Ft
01/21/2014 01/21/14 Rented $2,950 0.0% --
01/21/2014 01/21/14 For Rent $2,950 -- --
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
2024 $9,575 $766,356 $501,981 $264,375
2023 $9,357 $751,331 $492,139 $259,192
2022 $9,103 $736,600 $482,490 $254,110
2021 $9,031 $722,158 $473,030 $249,128
2020 $8,916 $714,754 $468,180 $246,574
2019 $8,751 $700,740 $459,000 $241,740
2018 $8,265 $687,000 $450,000 $237,000
2017 $5,178 $433,756 $111,218 $322,538
2016 $5,089 $425,252 $109,038 $316,214
2015 $5,008 $418,866 $107,401 $311,465
2014 $4,909 $410,662 $105,298 $305,364
Source: Public Records

Agents Affiliated with this Home

  • Michael Ciampa

    Seller's Agent in 2017

    Michael Ciampa

    Real Broker

    (619) 993-8482

    22 in this area

    53 Total Sales

    Michael Ciampa
    Section Image

  • M

    Buyer's Agent in 2017

    Matthew Forness

    Welcome to San Diego Real Estate

    Section Image
  • Jason Cassity

    Seller Co-Listing Agent in 2014

    Jason Cassity

    Real Broker

    (619) 800-6178

    10 in this area

    90 Total Sales

    Jason Cassity
    Section Image

  • A

    Buyer's Agent in 2014

    Alan Hamrick

    Real Broker

    Section Image
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About M2i

Map

Source: San Diego MLS

MLS Number: 170037760

San Diego MLS

APN: 535-122-20-31

California San Diego County San Diego 92101 East Village

1050 Island Ave Unit 604, San Diego, CA

This home is located at 1050 Island Ave Unit 604, San Diego, CA 92101 since 19 July 2017 and is currently estimated at $838,520, approximately $653 per square foot. This property was built in 2005. 1050 Island Ave Unit 604 is a home located in San Diego County with nearby schools including Sherman Elementary School, Logan Memorial Educational Campus, and Urban Discovery Academy Charter.

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