NOT LISTED FOR SALE

1507 S 40th St Unit B San Diego, CA 92113

Southcrest Neighborhood

Estimated Value: $414,000 - $508,000

3 Beds
2 Baths
900 Sq Ft
$505/Sq Ft Est. Value

Sale Details

Date Sold: October 27, 2022

Last sale price $415,000 $461 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,237 / mo

8 Days on Market

Highlights

  • Fireplace
  • Laundry Room
  • No Heating
  • Views
  • Central Air
  • 5-minute walk to 41st Street Park

About This Home

As of October 2022

Price reduction! This is the lowest priced 3 bedroom townhouse in the entire San Diego county! This is a townhouse, NOT a condo. There is a difference! Property has 3 bedrooms, 2 full bathrooms, a back patio and is a single story. The main hallway bathroom has a bathtub while the bathroom in the master bedroom has a standing shower stall. This home has two separate individual assigned parking spots, one under a covered carport and the other one is an uncovered spot. Also has central AC & heating. Home is located in a small private gated complex with only 18 total units. Complex is well-maintained, with playground and common picnic areas. Located in a convenient central San Diego location minutes to freeway, parks, schools, shopping, SD zoo, Balboa Park and downtown San Diego! This is not a condo, but a townhouse with no neighbors above or below you. It's also a rare 1 story townhouse, so no more knee pains from cliimbing stairs! Plus it comes with your own private back patio! Has private laundry hookups in the back patio in addition to a community laundry room. Great starter home or investment property. As an investment, this is a great opportunity since this property can be rented for $2,500.month or possibly more.

Last Agent to Sell the Property

Roger Ma

Coldwell Banker West License #01392571 Listed on: 08/17/2022

Coldwell Banker West

Last Buyer's Agent

Jose Del Rosario

Del Rosario Realty License #01025566

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1997

Lot Details

  • 1.36

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas And Electric Dryer Hookup

Parking

  • 2 Open Parking Spaces
  • 3 Parking Spaces
  • 1 Carport Space

Utilities

  • Central Air
  • No Heating

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Tax Tract Number 15256
  • Assessor Parcel Number 5513201817
  • $30 per year additional tax assessments

Community Details

Overview

  • 18 Units
  • Casa Mar HOA, Phone Number (619) 423-7500

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1997

Lot Details

1.36 Acres

HOA Fees

$350 per month

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5513201817
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 900.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 461.11

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Common Area, Community, Gas & Electric Dryer Hookup, Outside
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pets Permitted
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Association Name: Casa Mar HOA
  • Phone: 619-423-7500
  • Senior Community: No
  • Community Features: Street Lights, Urban

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 18

Tax Info

  • Tax Tract Number: 015256
  • TaxOtherAnnualAssessmentAmount: 30.36

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Oct 26, 2022
Sold by
Bought by
Seller's Agent
Roger Ma
Coldwell Banker West
Buyer's Agent
Jose Del Rosario
Del Rosario Realty
List Price
$450,000
Sold Price
$415,000
Premium/Discount to List
-$35,000
-7.78%
Views
38
Current Estimated Value
$454,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,647
Avg. Annual Appreciation
2.57%
Original Mortgage
$424,545
Outstanding Balance
$408,748
Interest Rate
6.94%
Estimated Equity
$45,899

Purchase Details

Listed on
Aug 17, 2022
Closed on
Aug 30, 2022
Sold by
Bought by
Seller's Agent
Roger Ma
Coldwell Banker West
Buyer's Agent
Jose Del Rosario
Del Rosario Realty
List Price
$450,000
Sold Price
$415,000
Premium/Discount to List
-$35,000
-7.78%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,545
Outstanding Balance
$408,748
Interest Rate
6.94%
Estimated Equity
$45,899

Purchase Details

Closed on
Feb 16, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2013
Sold by
Bought by

Purchase Details

Closed on
Apr 27, 2011
Sold by
Bought by

Purchase Details

Closed on
Sep 8, 2010
Sold by
Bought by

Purchase Details

Closed on
Jul 20, 2010
Sold by
Bought by

Purchase Details

Closed on
Jul 17, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,311
Interest Rate
6.27%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Corinthian Title
$415,000 Corinthian Title
-- Corinthian Title Company Inc
$160,000 Title365
-- None Available
$81,500 First American Title Ins Co
-- Stewart Title
$186,723 Stewart Title
$174,000 Chicago Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $424,545
Previous Owner $424,545
Previous Owner $181,500
Previous Owner $112,000
Previous Owner $171,311
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/27/2022 10/27/22 Sold $415,000 -2.4% $461 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
08/17/2022 08/17/22 Price Changed $425,000 -5.6% $472 / Sq Ft
08/17/2022 08/17/22 For Sale $450,000 -- $500 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,230 $431,764 $188,895 $242,869
2024 $5,230 $423,299 $185,192 $238,107
2023 $5,115 $415,000 $181,561 $233,439
2022 $2,201 $178,479 $78,084 $100,395
2021 $2,186 $174,980 $76,553 $98,427
2020 $2,160 $173,187 $75,769 $97,418
2019 $1,183 $93,597 $18,947 $74,650
2018 $1,108 $91,763 $18,576 $73,187
2017 $1,082 $89,964 $18,212 $71,752
2016 $1,064 $88,201 $17,855 $70,346
2015 $1,048 $86,877 $17,587 $69,290
2014 $1,033 $85,176 $17,243 $67,933
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Roger Ma

    Coldwell Banker West

    Section Image
  • Jose Del Rosario

    Buyer's Agent in 2022

    Jose Del Rosario

    Del Rosario Realty

    (619) 339-7700

    1 in this area

    18 Total Sales

    Jose Del Rosario
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2205529

California Regional Multiple Listing Service (CRMLS)

APN: 551-320-18-17

California San Diego County San Diego 92113 Southcrest

1507 S 40th St Unit B, San Diego, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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