NOT LISTED FOR SALE

Estimated Value: $753,000 - $827,000

3 Beds
2 Baths
1,348 Sq Ft
$812/mo HOA Fee

Last Sold February 10, 2023

Last sale price $750,000 $556 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,766/month

7 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Gated Community
  • Penthouse
  • Gated Parking
  • 4-minute walk to Tweet Street Park

About This Home

As of February 2023

Penthouse living! This rarely available east-facing residence sits on the top floor of Beech Tower, boasting beautiful panoramic views of the twinkling cityscape, Balboa Park and mountains beyond. Just imagine taking in sunrises with a cup of coffee on the tiled balcony. Fall in love with the ambient gas fireplace, engineered wood floors, elegant crown molding, and fresh Swiss coffee paint throughout. The primary bedroom serves as a restful respite with a private French balcony to take in the views, cedar lined organized walk-in closet, and an ensuite bathroom with upgraded dual head step-in shower. The guest bedroom and third bedroom (currently an office/den) offer plenty of custom built-in cabinetry and shelving, ample closets and storage, and TWO SIDE-BY-SIDE parking spaces with additional storage lockers. And the pièce de résistance? No shared walls with neighbors and proximity to the elevator: a serene and effortless Downtown lifestyle! FHA/VA approved 3 bedrooms Downtown? It is a reality in this spacious, top-floor Beech Tower residence! The third bedroom has been transformed into a den, allowing for versatility in living arrangements. It also features a built-in bar area with glass cabinetry, bottle-sized drawers, and a beverage chiller to round out your entertaining options. An array of storage options include custom, a large pantry, and several closets. Plus an outdoor storage closet on the patio is the perfect place for tools or sports equipment. And with two additional storage lockers located with the two side-by-side parking spaces, you will NEVER feel cramped. Located atop Cortez Hill, Beech Tower is all you could ask for when it comes to convenient Downtown San Diego living! Steps away from Tweet Street Park and desirable Little Italy, you are truly steps away from it all. Residents also enjoy the community’s pool, spa, fitness facility, and a guest suite available for reservation. Enjoy proximity to most of San Diego’s major freeways, making for easy commuting no matter where you are heading. Cortez Hill is the quintessential residential neighborhood in the heart of the city.

Last Agent to Sell the Property

Gregg Neuman

Berkshire Hathaway HomeServices California Properties License #00809392 Listed on: 01/03/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Tommi Hunter

Premier Realty Associates License #02155875

Premier Realty Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,638

Year Built

  • Built in 1982

Lot Details

  • 0.46

HOA Fees

  • $812 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gated Parking

Property Views

  • Views of a landmark
  • Neighborhood

Home Design

  • Penthouse
  • Traditional Architecture
  • Entry on the 1st floor
  • Turnkey
  • Stucco Exterior

Interior Spaces

  • 1,348 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Entryway
  • Living Room with Fireplace
  • Dining Area
  • Interior Storage Closet

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Separate Water Meter
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Property is Fully Fenced

Listing and Financial Details

  • Assessor Parcel Number 534-014-14-54

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gated community, hot water, limited insurance, sewer, trash pickup
  • 54 Units
  • 360 Community Management Association, Phone Number (619) 270-7360
  • Beech Tower Community
  • 9-Story Property

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,638

Year Built

Built in 1982

Lot Details

0

HOA Fees

$812 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Architectural Style: Traditional
  • Attached Style: High Rise (5+ Stories)
  • Residential Styles: All Other Attached
  • Property Condition: Turnkey
  • Market Area: Metro Central
  • Cross Street: Beech Street
  • Neighborhood: Cortez Hill / Downtown
  • Supplement: 3 bedrooms Downtown? It is a reality in this spacious, top-floor Beech Tower residence! The third bedroom has been transformed into a den, allowing for versatility in living arrangements. It also features a built-in bar area with glass cabinetry, bottle-sized drawers, and a beverage chiller to round out your entertaining options. An array of storage options include custom, a large pantry, and several closets. Plus an outdoor storage closet on the patio is the perfect place for tools or sports equipment. And with two additional storage lockers located with the two side-by-side parking spaces, you will NEVER feel cramped. Located atop Cortez Hill, Beech Tower is all you could ask for when it comes to convenient Downtown San Diego living! Steps away from Tweet Street Park and desirable Little Italy, you are truly steps away from it all. Residents also enjoy the community’s pool, spa, fitness facility, and a guest suite available for reservation. Enjoy proximity to most of San Diego’s major freeways, making for easy commuting no matter where you are heading. Cortez Hill is the quintessential residential neighborhood in the heart of the city.
  • Estimated Living Space: 1,000 to 1,499 SqFt
  • LP / Sq Ft: 556.31
  • Miscellaneous: Elevators/Stairclimber
  • Price Per Sq Ft: 556.38
  • Residential Unit Location: No Unit Above, Penthouse
  • SP/ Sq Ft: 556.38
  • Stories: 1 Story
  • Stories In Building: 9
  • Accessibility Features: No Interior Steps
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Balcony, Bathtub, Built-Ins, Ceiling Fan, Crown Moldings, Living Room Balcony, Open Floor Plan, Recessed Lighting, Shower, Storage Space, Tile Counters, Unfurnished
  • Flooring: Tile, Wood
  • Sub Flooring: Slab other Story
  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range/Oven, Refrigerator, Washer, Built-In, Counter Top, Electric Cooking
  • Elevator: Yes
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Walls: Drywall
  • Searchable Rooms: Bedroom Entry Level, Dining Area, MBR Entry Level, Optional Bedrooms, Kitchen, Living Room, Master Bedroom, Entry, Laundry, Master Bathroom, Walk-In Closet
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 15x14
  • Full Bathrooms: 2
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 1348
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Patio: Balcony, Covered, Stone/Tile
  • Pool: Below Ground, Community/Common
  • Spa: Community/Common, Yes
  • View: City, Evening Lights, Landmark, Neighborhood, City 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: Electricity Connected, Sewer Connected, Water Connected

Condo/Co-op/Association

  • Complex Name: Beech Tower
  • Pets Allowed: Yes
  • Units In Building: 54
  • Total Number of Units: 54
  • Community: DOWNTOWN
  • Complex Features: Gated Community, Pool, Spa/Hot Tub
  • Home Owner Association: 360 Community Management
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Gated Community, Hot Water, Limited Insurance, Sewer, Trash Pickup
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 812.42
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619-270-7360
  • Association Amenities: Gym/Ex Room, Pet Rules, Spa, Pool

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 9

Lot Info

  • Lot Size: 0 (Common Interest)
  • Site: Curbs, Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 534-014-14-54
  • Estimated Lot Sq Ft: 20145
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.46
  • Map Code Column: B
  • Map Code Page: 1289
  • Map Code Row: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
Feb 8, 2023
Sold by
Machokoto Georgina and Machokoto Kibuchi
Bought by
Banfield Georgina and Banfield Kibuchi
Seller's Agent
Gregg Neuman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Tommi Hunter
Premier Realty Associates
List Price
$749,900
Sold Price
$750,000
Premium/Discount to List
$100
0.01%
Views
25
Current Estimated Value
$782,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,078
Avg. Annual Appreciation
1.58%
Original Mortgage
$608,400
Interest Rate
6.33%
Mortgage Type
VA

Purchase Details

Listed on
Jan 3, 2023
Closed on
Jan 17, 2023
Sold by
Boos Kevin
Bought by
Machokoto Georgina and Banfield Kibuchi
Seller's Agent
Gregg Neuman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Tommi Hunter
Premier Realty Associates
List Price
$749,900
Sold Price
$750,000
Premium/Discount to List
$100
0.01%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,400
Interest Rate
6.33%
Mortgage Type
VA

Purchase Details

Closed on
Sep 26, 2008
Sold by
Peterson Jerome D
Bought by
Boos Kevin

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
6.39%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 25, 2008
Sold by
The South Haven /07 Land Trust
Bought by
Peterson Jerome D

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
6.39%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 22, 2007
Sold by
Peterson Jerome D
Bought by
The South Haven /2007 Land Trust

Purchase Details

Closed on
Jan 23, 2001
Sold by
Peterson Jerome Devore
Bought by
Peterson Jerome D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.41%

Purchase Details

Closed on
Aug 12, 1999
Sold by
Laporte Living Trust
Bought by
Peterson Jerome Devore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.95%

Purchase Details

Closed on
Aug 25, 1989
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
Banfield Georgina -- --
Machokoto Georgina $750,000 California Title Company
Boos Kevin $535,000 Chicago Title Company
Peterson Jerome D -- Ticor Title Company
The South Haven /2007 Land Trust -- None Available
Peterson Jerome D -- California Title Company
Peterson Jerome Devore $250,000 First American Title
-- $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Machokoto Georgina $608,400
Previous Owner Boos Kevin $417,000
Previous Owner Peterson Jerome D $100,000
Previous Owner Peterson Jerome Devore $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2023 02/10/23 Sold $750,000 0.0% $556 / Sq Ft
01/11/2023 01/11/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $749,900 -- $556 / 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 $9,638 $780,300 $468,180 $312,120
2024 $9,638 $765,000 $459,000 $306,000
2023 $8,345 $662,181 $216,601 $445,580
2022 $8,119 $649,198 $212,354 $436,844
2021 $8,056 $636,470 $208,191 $428,279
2020 $7,954 $629,945 $206,057 $423,888
2019 $7,807 $617,594 $202,017 $415,577
2018 $7,302 $605,485 $198,056 $407,429
2017 $7,125 $593,614 $194,173 $399,441
2016 $7,008 $581,975 $190,366 $391,609
2015 $6,900 $573,234 $187,507 $385,727
2014 $6,767 $562,006 $183,834 $378,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230000211

San Diego MLS

APN: 534-014-14-54