Seller's Agent in 2022
Michael Ciampa
Real Broker
(619) 993-8482
22 in this area
50 Total Sales
M2i 1050 Island Ave Unit 607 San Diego, CA 92101
East Village NeighborhoodEstimated Value: $747,000 - $887,000
2
Beds
2
Baths
1,172
Sq Ft
$513/mo
HOA Fee
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 September 2022Rare South East Corner M2i Loft located in the vibrant East Village. First time on the market. 11’ Exposed cement Ceilings, expansive feeling of space, oversized wall of windows, south/east facing city orientation, Walk in Closet, moderate HOA Fees, 2 front to back parking spaces and remodeled showers in both bathrooms are just some of the features and special characteristics of this urban loft. The Second bedroom has not been built out providing tons of open floor plan space. An open loft allows options to layout your own floor plan. Loft comes with a large Storage room approx. 14x7. The M2i complex is known for modern lofts and urban style, roof top BBQ Lounge and contemporary style. List of Upgrades and Features include: Large planked Hardwood flooring, upgraded counter depth Monogram refrigerator, remodeled showers in both bathrooms, and upgraded washer/dryer. This is the first time this loft has been on the market. It has always been used as a vacation home. 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.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,110
Year Built
- Built in 2005
Lot Details
- 0.95
HOA Fees
- $513 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 1,172 Sq Ft Home
- Wired For Data
- High Ceiling
- Loft
Kitchen
- Electric Oven
- Gas Range
- Stove
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry closet
- Stacked Washer and Dryer
Home Security
Utilities
- Phone Available
- Cable TV Available
Additional Features
- End Unit
Listing and Financial Details
- Assessor Parcel Number 535-122-20-34
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
- Community Barbecue Grill
Recreation
- Recreational Area
Pet Policy
- Pet Restriction
Security
- Gated Community
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2022
Closed on
Sep 8, 2022
Sold by
San Diego Residence Trust
Bought by
Ashey Bryce E and Raab Christopher Vern
Seller's Agent
Michael Ciampa
Real Broker
Buyer's Agent
Nick Redford
eXp Realty of California, Inc
List Price
$875,000
Sold Price
$875,000
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
-$35,679
Avg. Annual Appreciation
-1.07%
Original Mortgage
$700,000
Outstanding Balance
$670,482
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$176,664
Purchase Details
Closed on
Apr 2, 2016
Sold by
Holland Martin Carlos and Chow Ping Holland
Bought by
The San Diego Residence Trust and Chow Ping Holland
Purchase Details
Closed on
Apr 2, 2010
Sold by
The Holland Chow Family Limited Partners
Bought by
Holland Martin Carlos and Chow Ping Holland
Purchase Details
Closed on
Apr 15, 2006
Sold by
Holland Martin Carlos and Chow Ping Holland
Bought by
The Holland Chow Family Lp
Purchase Details
Closed on
Sep 23, 2005
Sold by
Citymark M2i Llc
Bought by
Holland Martin Carlos and Chow Ping Holland
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,850
Interest Rate
5.9%
Mortgage Type
Fannie Mae Freddie Mac
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ashey Bryce E | $875,000 | First American Title | |
| The San Diego Residence Trust | -- | None Available | |
| Holland Martin Carlos | -- | None Available | |
| The Holland Chow Family Lp | -- | None Available | |
| Holland Martin Carlos | $780,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ashey Bryce E | $700,000 | |
| Previous Owner | Holland Martin Carlos | $623,850 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/26/2022 09/26/22 | Sold | $875,000 | 0.0% | $747 / Sq Ft |
| 08/22/2022 08/22/22 | Pending | -- | -- | -- |
| 06/20/2022 06/20/22 | For Sale | $875,000 | -- | $747 / 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 | $11,110 | $910,350 | $520,200 | $390,150 |
| 2024 | $11,110 | $892,500 | $510,000 | $382,500 |
| 2023 | $10,859 | $875,000 | $500,000 | $375,000 |
| 2022 | $7,818 | $625,000 | $144,000 | $481,000 |
| 2021 | $7,785 | $615,000 | $142,000 | $473,000 |
| 2020 | $7,764 | $615,000 | $142,000 | $473,000 |
| 2019 | $7,769 | $615,000 | $142,000 | $473,000 |
| 2018 | $7,408 | $615,000 | $142,000 | $473,000 |
| 2017 | $82 | $590,000 | $137,000 | $453,000 |
| 2016 | $7,097 | $590,000 | $137,000 | $453,000 |
| 2015 | $6,798 | $565,000 | $132,000 | $433,000 |
| 2014 | $6,626 | $550,000 | $129,000 | $421,000 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Ciampa
-
Nick Redford
Buyer's Agent in 2022
Nick Redford
eXp Realty of California, Inc
(619) 877-2222
1 in this area
30 Total Sales
About M2i
Map
Source: San Diego MLS
MLS Number: 220015497
APN: 535-122-20-34
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