NOT LISTED FOR SALE

Piazza Palermo 1501 Front St Unit 523 San Diego, CA 92101

Cortez Hill Neighborhood

Estimated Value: $911,000 - $1,170,000

3 Beds
2 Baths
1,568 Sq Ft
$527/mo HOA Fee

Last Sold June 03, 2022

Last sale price $953,000 $608 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,146/month

11 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • City View
  • Modern Architecture
  • 4-minute walk to Amici Park

About This Home

As of June 2022

Wow - unicorn alert - a Little Italy 3BR home w/ample space & side-by-side parking! You'll love this beautiful 5th-floor residence that features hardwood floors, neutral paint, modern finishes, & an amazing location. Natural light abounds from the floor-to-ceiling windows, and city views greet you outside. With its remodeled kitchen & baths, NEW A/C, ceiling fans in all bedrooms, and recessed lighting, this home is turn-key! Plus the HOA fee is reasonable without sacrificing amenities. Come see today!

Last Agent to Sell the Property

Kimberly Schmidt

Compass License #01781140 Listed on: 05/04/2022

Compass

Co-Listed By

Jeff Hinds

Compass License #01415580

Last Buyer's Agent

Gillian Roehrig

San Diego Brokerage License #01378962

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,243

Year Built

  • Built in 2004

Lot Details

  • 1.38

HOA Fees

  • $527 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Modern Architecture
  • Entry on the 1st floor
  • Common Roof
  • Stucco Exterior

Interior Spaces

  • 1,568 Sq Ft Home
  • Entryway
  • Living Room
  • Dining Area

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 533-364-16-23

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance
  • 230 Units
  • Palermo Association, Phone Number (619) 786-7497
  • Palermo Community
  • 6-Story Property

Amenities

  • Community Barbecue Grill

Recreation

  • Community Spa

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,243

Year Built

Built in 2004

Lot Details

0

HOA Fees

$527 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Architectural Style: Modern
  • Attached Style: High Rise (5+ Stories)
  • Residential Styles: All Other Attached
  • Market Area: Metro Central
  • Cross Street: Beech St
  • Neighborhood: Little Italy
  • Estimated Living Space: 1,500 to 1,999 SqFt
  • LP / Sq Ft: 589.86
  • Price Per Sq Ft: 607.78
  • SP/ Sq Ft: 607.78
  • Stories: 1 Story
  • Stories In Building: 6
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Sub Flooring: Slab other Story
  • Equipment Available: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Oven, Electric Range, Electric Stove, Counter Top, Electric Cooking
  • Elevator: Yes
  • Searchable Rooms: Bedroom Entry Level, Dining Area, MBR Entry Level, Kitchen, Living Room, Master Bedroom, Entry, Laundry, Master Bathroom
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 11x13
  • Full Bathrooms: 2
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 1568
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Patio: Balcony
  • Pool: Community/Common
  • Roof: Common Roof
  • View: City

Garage/Parking

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

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Palermo
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 230
  • Total Number of Units: 230
  • Property Management Company: Palermo
  • Property Management Phone: 619-786-7497
  • Complex Features: BBQ, Clubhouse/Rec Room, Exercise Room, Pet Restrictions, Pool, Spa/Hot Tub
  • Home Owner Association: Palermo
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 527.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619-786-7497

Association/Amenities

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

Fee Information

  • Total Monthly Fees: 527

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 533-364-16-23
  • Map Code Column: A
  • Map Code Page: 1289
  • Map Code Row: 2

Multi Family

  • Percentage Owner Occupancy: 53.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
May 18, 2022
Sold by
Bt Merani Paul and Bt Lana K
Bought by
Meyer Cameron and Meyer Emilia
Seller's Agent
Kimberly Schmidt
Compass
Buyer's Agent
Gillian Roehrig
San Diego Brokerage
List Price
$924,900
Sold Price
$953,000
Premium/Discount to List
$28,100
3.04%
Current Estimated Value
$1,060,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,265
Avg. Annual Appreciation
2.59%
Original Mortgage
$762,400
Outstanding Balance
$726,639
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$310,673

Purchase Details

Listed on
Sep 6, 2020
Closed on
Apr 21, 2021
Sold by
Geitgey Adam T and Geitgey Rebecca
Bought by
Merani Paul B T and Merani Lana K
Seller's Agent
Jeannine Savory
The Agency
Buyer's Agent
Trisha Daly
RE/MAX Hometown, Realtors
List Price
$799,900
Sold Price
$790,000
Premium/Discount to List
-$9,900
-1.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.23%
Original Mortgage
$632,000
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2015
Sold by
Fortney Harrison Douglas and Fortney Jeanette Lois
Bought by
Geitgey Adam T and Geitgey Rebecca

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
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2005
Sold by
Integral Communities Palermo Llc
Bought by
Fortney Harrison Douglas and Fortney Jeanette Lois
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 Buyer Sale Price Title Company
Meyer Cameron $953,000 Corinthian Title
Merani Paul B T $790,000 Fidelity National Title Co
Geitgey Adam T $632,000 Title 365
Fortney Harrison Douglas $680,000 Chicago Title Company Subdiv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Cameron $762,400
Previous Owner Merani Paul B T $632,000
Previous Owner Geitgey Adam T $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $953,000 +3.0% $608 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $924,900 +17.1% $590 / Sq Ft
04/22/2021 04/22/21 Sold $790,000 -1.2% $504 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $799,900 0.0% $510 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
09/06/2020 09/06/20 For Sale $799,900 -- $510 / 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 $12,243 $1,011,323 $301,791 $709,532
2024 $12,243 $977,000 $291,000 $686,000
2023 $11,456 $916,000 $273,000 $643,000
2022 $10,025 $805,799 $240,460 $565,339
2021 $8,775 $701,721 $209,402 $492,319
2020 $8,664 $694,526 $207,255 $487,271
2019 $8,502 $680,909 $203,192 $477,717
2018 $7,950 $667,558 $199,208 $468,350
2017 $82 $654,469 $195,302 $459,167
2016 $7,627 $641,637 $191,473 $450,164
2015 $7,567 $630,000 $188,000 $442,000
2014 $7,567 $630,000 $188,000 $442,000
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Schmidt

    Seller's Agent in 2022

    Kimberly Schmidt

    Compass

    (619) 249-7016

    1 in this area

    179 Total Sales

    Kimberly Schmidt
    Section Image
  • Jeff Hinds

    Seller Co-Listing Agent in 2022

    Jeff Hinds

    Compass

    (858) 229-6958

    1 in this area

    64 Total Sales

    Jeff Hinds
    Section Image
  • Gillian Roehrig

    Buyer's Agent in 2022

    Gillian Roehrig

    San Diego Brokerage

    (858) 361-3404

    2 in this area

    80 Total Sales

    Gillian Roehrig
    Section Image
  • Jeannine Savory

    Seller's Agent in 2021

    Jeannine Savory

    The Agency

    (619) 800-0289

    2 in this area

    113 Total Sales

    Jeannine Savory
    Section Image
  • Jimmy Kerr

    Seller Co-Listing Agent in 2021

    Jimmy Kerr

    The Agency

    (619) 857-2294

    1 in this area

    12 Total Sales

    Jimmy Kerr
    Section Image
  • Trisha Daly

    Buyer's Agent in 2021

    Trisha Daly

    RE/MAX

    (619) 985-6333

    1 in this area

    97 Total Sales

    Trisha Daly
    Section Image
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About Piazza Palermo

Map

Source: San Diego MLS

MLS Number: 220010648

San Diego MLS

APN: 533-364-16-23

California San Diego County San Diego 92101 Cortez Hill

1501 Front St Unit 523, San Diego, CA

This home is located at 1501 Front St Unit 523, San Diego, CA 92101 since 04 May 2022 and is currently estimated at $1,060,265, approximately $676 per square foot. This property was built in 2004. 1501 Front St Unit 523 is a home located in San Diego County with nearby schools including Washington Elementary School, Roosevelt International Middle School, and Museum School.

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