NOT LISTED FOR SALE

Estimated Value: $1,175,000 - $1,466,000

3 Beds
2 Baths
1,430 Sq Ft
$300/mo HOA Fee

Last Sold May 19, 2016

Last sale price $655,000 $458 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $7,719/month

68 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Contemporary Architecture
  • Eat-In Kitchen
  • Crown Point Junior Music Academy Rated A-
  • Wood Flooring
  • 5-minute walk to Fanuel Street Park

About This Home

As of May 2016

Stunning!...Elegance personified. Unique, completely remodeled, tri-level condo. Only 5 blk to beach and 3 blk to Sail Bay. Over $50,000 in upgrades capturing the essence of serenity and tranquility. Modern expanded kitchen with stainless steel appliances, countertop range, extended kitchen counter bar, and wine fridge. Spacious bathrooms with modern finishes. Large master bedroom has vaulted ceilings, skylight and fireplace. Off the master bedroom is a private 10x8 open air deck. Neighborhoods: Pacific Beach Equipment: Dryer, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL

Last Agent to Sell the Property

Kevin Laurent

First Team Real Estate License #01317706 Listed on: 01/23/2016

First Team Real Estate

Last Buyer's Agent

Logan Henry

Coldwell Banker Realty License #01948799

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,776

Year Built

  • Built in 1986

Lot Details

  • 6,229

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Open Parking Space
  • 1 Car Garage
  • Parking Available
  • Tandem Garage

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Composition Roof

Interior Spaces

  • 1,430 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Slab Porch or Patio
  • Sprinkler System

Community Details

  • 4 Units
  • Reed Ave

Listing and Financial Details

  • Assessor Parcel Number 4231731506

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,776

Year Built

Built in 1986

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Park Name: Reed Ave
  • Property Attached: Yes
  • Subdivision Name Other: Pacific Beach
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4231731506
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1430.00
  • Stories: 3
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Three Or More
  • Price Per Square Foot: 458.04

Exterior Features

  • Patio: Yes
  • Fence: No
  • Patio And Porch Features: Slab
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Tandem Garage, Uncovered
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater, Dishwasher, Disposal, Microwave, Refrigerator
  • Heating Type: Natural Gas, Fireplace(s), Forced Air
  • Laundry Features: Electric Dryer Hookup

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: HOA
  • Phone: 000-000-0000

Lot Info

  • Lot Features: Sprinkler System

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2019
Sold by
Nguyen Duong Minh and Nguyen Son Dinh
Bought by
Nguyen Duong Minh and Nguyen Son Dinh
Current Estimated Value
$1,254,221

Purchase Details

Closed on
Oct 23, 2019
Sold by
Lee Michael David
Bought by
Ltm Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2019
Sold by
Ltm Investments Llc
Bought by
Nguyen Duong Minh and Nguyen Son Dinh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2017
Sold by
Turk Frank James
Bought by
Turk Frank James and Lee Michael David

Purchase Details

Closed on
Nov 30, 2016
Sold by
Turk Frank and Macchi Ii Joseph
Bought by
Turk Frank James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 23, 2016
Closed on
May 9, 2016
Sold by
Williams Mark T
Bought by
Turk Frank and Macchi Ii Joseph
Seller's Agent
Kevin Laurent
First Team Real Estate
Buyer's Agent
Logan Henry
Coldwell Banker Realty
List Price
$655,000
Sold Price
$655,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$491,250
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2014
Sold by
Williams Mark T
Bought by
Williams Mark T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,762
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2013
Sold by
Merkel Donald Steven
Bought by
Williams Mark T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,200
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2003
Sold by
Merkel D Steven and Merkel Donald Steven
Bought by
Merkel Donald Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 1998
Sold by
Shea Bernard M
Bought by
Merkel D Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
6.79%

Purchase Details

Closed on
Nov 10, 1988

Purchase Details

Closed on
Oct 18, 1985
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nguyen Duong Minh $231,000 First American Title Company
Ltm Investments Llc -- First American Title Company
Nguyen Duong Minh $740,000 First American Title Company
Turk Frank James -- First American Title
Turk Frank James -- Wfg Title Company
Turk Frank James -- Timios Title
Turk Frank $655,000 Lawyers Title
Williams Mark T -- Title 365
Williams Mark T -- Title365
Williams Mark T $481,500 Chicago Title Company
Merkel Donald Steven -- Lawyers Title
Merkel D Steven $205,000 First American Title Co
-- $169,500 --
-- $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Duong Minh $481,000
Previous Owner Turk Frank James $495,000
Previous Owner Turk Frank $491,250
Previous Owner Williams Mark T $379,762
Previous Owner Williams Mark T $385,200
Previous Owner Merkel Donald Steven $190,000
Previous Owner Merkel D Steven $194,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2016 05/19/16 Sold $655,000 0.0% $458 / Sq Ft
03/31/2016 03/31/16 Pending -- -- --
01/23/2016 01/23/16 For Sale $655,000 -- $458 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,776 $809,292 $599,248 $210,044
2024 $9,776 $793,425 $587,499 $205,926
2023 $9,560 $777,869 $575,980 $201,889
2022 $9,307 $762,618 $564,687 $197,931
2021 $9,243 $747,665 $553,615 $194,050
2020 $9,131 $740,000 $547,939 $192,061
2019 $8,510 $688,275 $509,639 $178,636
2018 $7,956 $674,781 $499,647 $175,134
2017 $7,767 $661,550 $489,850 $171,700
2016 $5,883 $498,608 $227,745 $270,863
2015 $5,797 $491,120 $224,325 $266,795
2014 $5,706 $481,500 $219,931 $261,569
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160004022

California Regional Multiple Listing Service (CRMLS)

APN: 423-173-15-02