NOT LISTED FOR SALE

Estimated Value: $697,000 - $828,000

2 Beds
2 Baths
1,068 Sq Ft
$345/mo HOA Fee

Last Sold March 13, 2018

Last sale price $525,450 $492 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,190/month

61 Days on Market

Highlights

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

About This Home

As of March 2018

Bright and spacious Palermo residence with a desirable split bedroom floor plan! Enjoy upgraded carpet and lighting, custom paint tones throughout, beautiful granite counters, an eat-at bar, and easy to maintain tile floors in the kitchen. The en-suite master features a spacious walk-in closet and bright windows framing tree-top views. You will love being only steps away from the vibrant lifestyle Little Italy offers! Restaurants, shops, the farmer’s market, and lively events all outside your door! Mediterranean-style Palermo is an oasis in the city, complete with arches, well-maintained courtyards, and a pool/spa deck accented by a cascading waterfall. Residents of Palermo also enjoy a fitness center, and clubhouse—all for a below-average HOA fee! The complex has been recently painted and updated with new baseboards, corner guards, and elevator floors.

Last Agent to Sell the Property

Gregg Neuman

Berkshire Hathaway HomeServices California Properties License #00809392 Listed on: 12/06/2017

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Caroline Singer

Berkshire Hathaway HomeServices California Properties License #01319378

Last Buyer's Agent

Reid Chambers

Realty ONE Group Pacific License #01851364

Realty ONE Group Pacific

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,389

Year Built

  • Built in 2004

Lot Details

  • Property is Fully Fenced
  • Level Lot

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Gated Parking

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Stucco Exterior

Interior Spaces

  • 1,068 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Living Room
  • Dining Area
  • City Lights Views

Kitchen

  • Updated Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Pool

  • In Ground Pool
  • Spa

Location

  • Interior Unit

Schools

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

Utilities

  • Separate Water Meter
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 533-364-16-12

Community Details

Overview

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

Amenities

  • Billiard Room

Recreation

  • Community Spa
  • Recreational Area

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,389

Year Built

Built in 2004

Lot Details

0

HOA Fees

$345 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Architectural Style: Mediterranean/Spanish
  • Attached Style: Mid Rise
  • Residential Styles: All Other Attached
  • Property Condition: Turnkey
  • Market Area: Metro Central
  • Cross Street: W Beech Street
  • Neighborhood: Little Italy / Downtown
  • Supplement: Mediterranean-style Palermo is an oasis in the city, complete with arches, well-maintained courtyards, and a pool/spa deck accented by a cascading waterfall. Residents of Palermo also enjoy a fitness center, and clubhouse—all for a below-average HOA fee! The complex has been recently painted and updated with new baseboards, corner guards, and elevator floors.
  • Estimated Living Space: 1,000 to 1,499 SqFt
  • LP / Sq Ft: 496.16
  • Miscellaneous: Elevators/Stairclimber
  • Price Per Sq Ft: 491.99
  • Residential Unit Location: Middle
  • SP/ Sq Ft: 491.99
  • Stories: 1 Story
  • Stories In Building: 6
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 2004
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 512
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Bathtub, Granite Counters, Open Floor Plan, Recessed Lighting, Remodeled Kitchen, Shower, Shower In Tub
  • Flooring: Carpet, Linoleum/Vinyl, Tile
  • Sub Flooring: Wood other Story
  • Equipment Available: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Elevator: Yes
  • Walls: Drywall
  • Searchable Rooms: Bedroom Entry Level, Dining Area, MBR Entry Level, Kitchen, Living Room, Master Bedroom, Laundry, Master Bathroom
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 14x12
  • Full Bathrooms: 2
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 1068
  • Total Bathrooms: 2

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Central Forced Air
  • Security: Gated Community
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Telecommunications: Cable (coaxial)
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Condo/Co-op/Association

  • Complex Name: Palermo
  • Total Fees: 4140.12
  • Pets Allowed: Yes
  • Units In Building: 230
  • Total Number of Units: 230
  • Community: DOWNTOWN
  • Complex Features: Clubhouse/Rec Room, Exercise Room, Pool, Recreation Area, Spa/Hot Tub
  • Home Owner Association: Action
  • 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: 345.01
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619-786-7497
  • Association Amenities: Billiard Room, Club House, Controlled Access, Gym/Ex Room, Pets Permitted, Spa, Pool

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 5

Fee Information

  • Total Monthly Fees: 345

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)
  • Site: Corner Lot, Curbs, Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 533-364-16-12
  • Land Use Code: R-1
  • Estimated Lot Sq Ft: 60215
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 1.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2021
Sold by
Shepilo Ganna and Cubas Jorge
Bought by
Cubas Jorge
Total Days on Market
61
Current Estimated Value
$753,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,500
Outstanding Balance
$478,846
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$293,299

Purchase Details

Listed on
Dec 6, 2017
Closed on
Feb 9, 2018
Sold by
Malo Claudia Castaneda
Bought by
Cubas Jorge
Seller's Agent
Gregg Neuman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Reid Chambers
Realty ONE Group Pacific
List Price
$535,000
Sold Price
$525,450
Premium/Discount to List
-$9,550
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$536,747
Interest Rate
4.15%
Mortgage Type
VA

Purchase Details

Listed on
Dec 6, 2017
Closed on
Feb 8, 2018
Sold by
Esquer Armando L
Bought by
Malo Claudia Castaneda
Seller's Agent
Gregg Neuman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Reid Chambers
Realty ONE Group Pacific
List Price
$535,000
Sold Price
$525,450
Premium/Discount to List
-$9,550
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,747
Interest Rate
4.15%
Mortgage Type
VA

Purchase Details

Closed on
Nov 15, 2017
Sold by
Esquer Armando L and Esquer Armando Luis
Bought by
Malo Claudia Casta Eda

Purchase Details

Closed on
May 1, 2014
Sold by
Malo Claudia Castaneda
Bought by
Esquer Armando L

Purchase Details

Closed on
Jan 7, 2014
Sold by
Esquer Gomez Armando L
Bought by
Malo Claudia Castaneda

Purchase Details

Closed on
Sep 29, 2010
Sold by
Dye Michael B and Dye Colleen M
Bought by
Malo Claudia Castaneda and Gomez Amando L Esquer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,100
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2005
Sold by
Integral Communities Palermo Llc
Bought by
Dye Michael B and Dye Colleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,752
Interest Rate
5.63%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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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
Cubas Jorge -- Corinthian Title Co
Cubas Jorge $525,500 California Title Company
Malo Claudia Castaneda -- California Title Company
Malo Claudia Casta Eda -- None Available
Esquer Armando L -- None Available
Malo Claudia Castaneda -- None Available
Malo Claudia Castaneda $355,000 Fidelity Natl Title Co Sd
Dye Michael B $500,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cubas Jorge $519,500
Closed Cubas Jorge $524,129
Closed Cubas Jorge $536,747
Previous Owner Malo Claudia Castaneda $247,100
Previous Owner Dye Michael B $399,752
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2018 03/13/18 Sold $525,450 -0.8% $492 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
02/05/2018 02/05/18 Price Changed $529,900 -1.0% $496 / Sq Ft
12/06/2017 12/06/17 For Sale $535,000 -- $501 / 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
2024 $7,389 $586,146 $334,654 $251,492
2023 $7,223 $574,654 $328,093 $246,561
2022 $6,960 $563,387 $321,660 $241,727
2021 $6,974 $552,341 $315,353 $236,988
2020 $6,887 $546,678 $312,120 $234,558
2019 $6,760 $535,959 $306,000 $229,959
2018 $4,846 $399,716 $77,403 $322,313
2017 $4,728 $391,880 $75,886 $315,994
2016 $4,649 $384,198 $74,399 $309,799
2015 $4,577 $378,428 $73,282 $305,146
2014 $4,487 $371,016 $71,847 $299,169
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 170061353

San Diego MLS

APN: 533-364-16-12