NOT LISTED FOR SALE

Estimated Value: $1,293,445 - $1,468,000

2 Beds
2 Baths
1,231 Sq Ft
$780/mo HOA Fee

Last Sold July 24, 2024

Last sale price $1,395,000 $1,133 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $8,875/month

3 Days on Market

Highlights

  • Ocean View
  • Gated Parking
  • Open Floorplan
  • Crown Point Junior Music Academy Rated A-
  • Gated Community
  • 1-minute walk to Fanuel Street Park

About This Home

As of July 2024

Rare Penthouse Opportunity! This prime, top-floor condominium boasts beautiful bay and ocean views while affording an idyllic Pacific Beach locale just half a block from Sail Bay and Fanuel Park. Completely remodeled in 2014, the single-level interior boasts a voluminous vaulted ceiling, floor-to-ceiling slate fireplace, as well as expansive clerestory and picture windows that flood the space with natural light. Enjoy the convenience of in-unit laundry and relax on the covered balcony with additional storage, perfect for taking in the sights and ocean breezes. Parking consists of 2 side-by-side parking spaces in a secure garage with an elevator. Gresham La Palma, a gated community, offers an array of amenities including a sprawling patio, pool, spa, bike storage area, and individual storage spaces for each unit. 2 pets are allowed with no size restrictions. Embrace the sought-after Pacific Beach lifestyle with easy access to the beach, boardwalk, nightlife, shops, and restaurants. 2014 upgrades include: all new cabinetry in kitchen/baths, all windows replaced except windows above kitchen, granite countertops, porcelain tile flooring and carpet, new tub and travertine tile in guest bath, primary bathtub replaced with oversized travertine shower with dual showerheads, wood built-in dresser/shelves in primary BR, wood built-in shelving in hall closet, wood baseboards, wood bedroom/bath doors, new toilets, sinks and faucet fixtures, new range, dishwasher, refrigerator and window coverings.

Last Agent to Sell the Property

Maxine Gellens

Berkshire Hathaway HomeServices California Properties License #00591299 Listed on: 06/27/2024

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Mark Magstadt

Berkshire Hathaway HomeServices California Properties License #01214558

Last Buyer's Agent

Blake Ames

Coldwell Banker West License #01926245

Coldwell Banker West

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,415

Year Built

  • Built in 1974

Lot Details

  • 0.92

HOA Fees

  • $780 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Common Roof
  • Stucco Exterior

Interior Spaces

  • 1,231 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Utilities

  • Radiant Heating System
  • Separate Water Meter
  • Cable TV Available

Additional Features

  • Living Room Balcony
  • West of 5 Freeway

Listing and Financial Details

  • Assessor Parcel Number 423-381-23-12

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, limited insurance, roof maintenance, trash pickup, water
  • 40 Units
  • Gresham La Palma Association, Phone Number (858) 795-7034
  • Gresham La Palma Community

Recreation

  • Community Pool
  • Community Spa
  • Recreational Area

Pet Policy

  • Breed Restrictions

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,415

Year Built

Built in 1974

Lot Details

0

HOA Fees

$780 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Attached Style: Mid Rise
  • Residential Styles: All Other Attached
  • Market Area: Coastal South
  • Cross Street: Gresham | Fanuel
  • Neighborhood: Sail Bay
  • Supplement: 2014 upgrades include: all new cabinetry in kitchen/baths, all windows replaced except windows above kitchen, granite countertops, porcelain tile flooring and carpet, new tub and travertine tile in guest bath, primary bathtub replaced with oversized travertine shower with dual showerheads, wood built-in dresser/shelves in primary BR, wood built-in shelving in hall closet, wood baseboards, wood bedroom/bath doors, new toilets, sinks and faucet fixtures, new range, dishwasher, refrigerator and window coverings.
  • Estimated Living Space: 1,000 to 1,499 SqFt
  • LP / Sq Ft: 1133.23
  • Miscellaneous: Elevators/Stairclimber
  • Price Per Sq Ft: 1133.23
  • Residential Unit Location: No Unit Above
  • SP/ Sq Ft: 1133.23
  • Stories: 1 Story
  • Stories In Building: 4
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1974
  • 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: H4
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Granite Counters, Living Room Balcony, Open Floor Plan, Shower, Shower In Tub, Cathedral-Vaulted Ceiling
  • Flooring: Carpet, Tile
  • Equipment Available: Dishwasher, Disposal, Range/Oven, Range/Stove Hood
  • Elevator: Yes
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Searchable Rooms: Bedroom Entry Level, Dining Area, MBR Entry Level, Walk-In Closet
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 16x12
  • Full Bathrooms: 2
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 1231
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Patio: Balcony
  • Pool: Community/Common
  • Roof: Common Roof
  • Spa: Community/Common
  • View: Bay, Ocean

Garage/Parking

  • Garage Details: Assigned, Gated, Community Garage
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Laundry Utilities: Electric
  • Security: Gated Community
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Radiant
  • Heating Fuel: Electric
  • Telecommunications: Cable (coaxial)

Condo/Co-op/Association

  • Complex Name: Gresham La Palma
  • Total Fees: 9360.0
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 40
  • Total Number of Units: 40
  • Property Management Company: Associa NNJ
  • Property Management Phone: 858-795-7034
  • Community: PACIFIC BEACH
  • Complex Features: Gated Community, Pool, Recreation Area, Spa/Hot Tub
  • Home Owner Association: Gresham La Palma
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Limited Insurance, Roof Maintenance, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 780.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-795-7034

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 4

Fee Information

  • Total Monthly Fees: 780

Lot Info

  • Lot Size: 0 (Common Interest)
  • Site: West of I-5
  • Topography: Level
  • Assessor Parcel Number: 423-381-23-12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Jul 10, 2024
Sold by
Morgan Wheeler
Bought by
Lisa M Kelley Trust and Kelley
Seller's Agent
Maxine Gellens
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Blake Ames
Coldwell Banker West
List Price
$1,395,000
Sold Price
$1,395,000
Views
40
Current Estimated Value
$1,372,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,639
Avg. Annual Appreciation
-1.49%

Purchase Details

Closed on
Jun 4, 2012
Sold by
Hunter Brad
Bought by
Morgan Wheeler

Purchase Details

Closed on
Sep 28, 2007
Sold by
Hunter Bradley David
Bought by
Hunter Brad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 17, 2007
Sold by
Hunter Brad
Bought by
Hunter Brad

Purchase Details

Closed on
Feb 20, 2002
Sold by
Ezratty David H and Ezratty Jane E
Bought by
Hunter Brad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
6.87%

Purchase Details

Closed on
Dec 10, 1998
Sold by
Heermans Christopher J
Bought by
Ezratty David H and Casey Jane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.73%

Purchase Details

Closed on
Oct 12, 1988
Source: Public Records

Range of Values:

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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
Lisa M Kelley Trust $1,395,000 California Title Company
Morgan Wheeler $498,000 California Title Company
Hunter Brad -- Accommodation
Hunter Bradley David -- Commonwealth Land Title
Hunter Brad -- None Available
Hunter Brad $505,000 Chicago Title Co
Ezratty David H $351,000 Southland Title
Herrmans Christopher J -- Southland Title
-- $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hunter Brad $125,500
Previous Owner Hunter Brad $417,000
Previous Owner Hunter Bradley David $417,000
Previous Owner Hunter Brad $57,000
Previous Owner Hunter Brad $460,000
Previous Owner Hunter Brad $404,000
Previous Owner Ezratty David H $240,000
Closed Hunter Brad $75,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2024 07/24/24 Sold $1,395,000 0.0% $1,133 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $1,395,000 -- $1,133 / 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 $7,415 $1,395,000 $1,200,000 $195,000
2024 $7,415 $601,217 $482,910 $118,307
2023 $7,252 $589,430 $473,442 $115,988
2022 $7,059 $577,873 $464,159 $113,714
2021 $7,011 $566,543 $455,058 $111,485
2020 $6,926 $560,734 $450,392 $110,342
2019 $6,803 $549,740 $441,561 $108,179
2018 $6,361 $538,961 $432,903 $106,058
2017 $80 $528,394 $424,415 $103,979
2016 $6,111 $518,035 $416,094 $101,941
2015 $6,021 $510,254 $409,844 $100,410
2014 $5,927 $500,260 $401,816 $98,444
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240014778

San Diego MLS

APN: 423-381-23-12