NOT LISTED FOR SALE

Estimated Value: $874,000 - $1,128,004

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. 6% increase in value since last sale

Current estimated payment $7,191/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
  • 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

  • Breed Restrictions

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%
Total Days on Market
11
Current Estimated Value
$1,005,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,501
Avg. Annual Appreciation
1.80%
Original Mortgage
$762,400
Outstanding Balance
$729,685
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$275,816

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

Listed on
Jan 2, 2015
Closed on
Feb 24, 2015
Sold by
Fortney Harrison Douglas and Fortney Jeanette Lois
Bought by
Geitgey Adam T and Geitgey Rebecca
Seller's Agent
Todd Fortney
Coldwell Banker Realty
Buyer's Agent
Christy Jeske
Grand Avenue Realty & Lending
List Price
$639,000
Sold Price
$632,000
Premium/Discount to List
-$7,000
-1.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.74%
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

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Range of Values:

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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 +26.6% $510 / Sq Ft
03/25/2015 03/25/15 Sold $632,000 -1.1% $403 / Sq Ft
02/19/2015 02/19/15 Pending -- -- --
01/02/2015 01/02/15 For Sale $639,000 -- $408 / 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 $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

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Map

Source: San Diego MLS

MLS Number: 220010648

San Diego MLS

APN: 533-364-16-23