$670,000
SOLD JAN 15, 2025
2 Beds
2 Baths
1,058 Sq Ft
$507/mo HOA Fee

Recently Sold

$633 Per Sq Ft

4% Below List Price

14 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Mediterranean Architecture
  • Gated Parking
  • City Lights View
  • 4-minute walk to Amici Park

About This Home

As of January 2025

Super clean and move in ready 2BR/2BA condo in Little Italy's Piazza Palermo - contains granite counters, stainless appliances, in-unit laundry and two parking spaces. Floor to ceiling windows in the main living area make this west facing unit very light and bright. Palermo is conveniently located with easy access into and out of the downtown area, and is walking distance to all Little Italy has to offer including the farmer's market,shopping, dining and only 8 blocks from the downtown Waterfront Park. The HOA has just completed major renovations on the pool/spa deck to include a new kitchen area and BBQ's, creating a new outdoor experience for their residents. HOA also includes a fitness center, billiards room and rec room accessible via the pool area.

Last Agent to Sell the Property

Shawn VanMeter

Coldwell Banker Realty License #01454692 Listed on: 12/02/2024

Coldwell Banker Realty

Last Buyer's Agent

Jean Paul Schwarz

The Schwarz Group License #01915341

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,849

Year Built

  • Built in 2004

Lot Details

  • Property is Fully Fenced

HOA Fees

  • $507 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Gated Parking

Home Design

  • Mediterranean Architecture
  • Entry on the 4th floor
  • Stucco Exterior

Interior Spaces

  • 1,058 Sq Ft Home
  • Home Gym

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Home Security

Pool

  • In Ground Pool
  • Spa

Listing and Financial Details

  • Assessor Parcel Number 533-364-15-08

Community Details

Overview

  • Association fees include common area maintenance, exterior bldg maintenance, gated community, limited insurance, roof maintenance, trash pickup
  • 230 Units
  • Piazza Palermo Association, Phone Number (619) 786-7497
  • Palermo Community
  • 6-Story Property

Recreation

  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,849

Year Built

Built in 2004

Lot Details

0

HOA Fees

$507 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Architectural Style: Mediterranean/Spanish
  • Attached Style: High Rise (5+ Stories)
  • Residential Styles: All Other Attached
  • Market Area: Metro Central
  • Cross Street: Beech St
  • Neighborhood: Little Italy
  • LP / Sq Ft: 661.15
  • Price Per Sq Ft: 633.27
  • SP/ Sq Ft: 633.27
  • Stories: 1 Story
  • Stories In Building: 6
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 2004
  • 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: 408
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range/Oven, Refrigerator, Washer
  • Elevator: Yes
  • Searchable Rooms: Gym
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 12x12
  • Full Bathrooms: 2
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 1058
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Pool: Below Ground, Community/Common
  • Spa: Community/Common, Yes
  • View: City, City Lights

Garage/Parking

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

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric
  • Security: Gated Community, Fire Sprinklers
  • Sewer/Septic: Sewer Connected
  • Heating: Forced Air Unit
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Palermo
  • Total Fees: 6084.0
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 230
  • Total Number of Units: 230
  • Property Management Company: Action Property Mgmt
  • Property Management Phone: 619-786-7497
  • Community: DOWNTOWN
  • Home Owner Association: Piazza Palermo
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior Bldg Maintenance, Gated Community, Limited Insurance, Roof Maintenance, Trash Pickup
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 507.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619-786-7497

Association/Amenities

  • Entry Level Unit: 4

Fee Information

  • Total Monthly Fees: 507

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 533-364-15-08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2024
Closed on
Dec 26, 2024
Sold by
Daza Denton Maria Luisa
Bought by
Denton Marshall
Seller's Agent
Shawn VanMeter
Coldwell Banker Realty
Buyer's Agent
Jean Paul Schwarz
The Schwarz Group
List Price
$699,500
Sold Price
$670,000
Premium/Discount to List
-$29,500
-4.22%
Views
57
Current Estimated Value
$671,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,160
Avg. Annual Appreciation
0.25%
Original Mortgage
$502,500
Outstanding Balance
$499,384
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$171,776

Purchase Details

Listed on
Dec 2, 2024
Closed on
Dec 17, 2024
Sold by
Danzo Luke
Bought by
Denton Marshall
Seller's Agent
Shawn VanMeter
Coldwell Banker Realty
Buyer's Agent
Jean Paul Schwarz
The Schwarz Group
List Price
$699,500
Sold Price
$670,000
Premium/Discount to List
-$29,500
-4.22%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,500
Outstanding Balance
$499,384
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$171,776

Purchase Details

Closed on
Jul 24, 2008
Sold by
First Horizon Home Loans
Bought by
Danzo Luke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2008
Sold by
Danzo Nancy
Bought by
Danzo Luke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2006
Sold by
Romo Ramon
Bought by
First Horizon Home Loan Corp

Purchase Details

Closed on
Mar 23, 2005
Sold by
Romo Olga C
Bought by
Romo Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2005
Sold by
Integral Communities Palermo Llc
Bought by
Romo Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Grant Deed -- Ticor Title
Grant Deed -- Ticor Title
Grant Deed $670,000 Ticor Title
Grant Deed $670,000 Ticor Title
Grant Deed $365,000 First American Title Company
Interfamily Deed Transfer -- First American Title Company
Trustee Deed $464,407 First American Title
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed $515,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $502,500 New Conventional
Closed $502,500 New Conventional
Previous Owner $283,500 New Conventional
Previous Owner $296,000 New Conventional
Previous Owner $292,000 Purchase Money Mortgage
Previous Owner $292,000 Purchase Money Mortgage
Previous Owner $412,000 Purchase Money Mortgage
Closed $103,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Sold $670,000 -4.2% $633 / Sq Ft
12/17/2024 12/17/24 Pending -- -- --
12/02/2024 12/02/24 For Sale $699,500 -- $661 / 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 $5,849 $470,014 $128,767 $341,247
2024 $5,849 $460,799 $126,243 $334,556
2023 $5,716 $451,765 $123,768 $327,997
2022 $5,561 $442,908 $121,342 $321,566
2021 $5,518 $434,224 $118,963 $315,261
2020 $5,448 $429,773 $117,744 $312,029
2019 $5,347 $421,347 $115,436 $305,911
2018 $5,002 $413,086 $113,173 $299,913
2017 $82 $404,987 $110,954 $294,033
2016 $4,799 $397,047 $108,779 $288,268
2015 $4,725 $391,084 $107,146 $283,938
2014 -- $383,425 $105,048 $278,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240027705

San Diego MLS

APN: 533-364-15-08