NOT LISTED FOR SALE

Solara Lofts 1551 4th Ave Unit 203 San Diego, CA 92101

Cortez Hill Neighborhood

Estimated Value: $586,000 - $729,000

1 Bed
1 Bath
1,134 Sq Ft
$620/mo HOA Fee

Last Sold January 27, 2022

Last sale price $538,750 $475 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,608/month

18 Days on Market

Highlights

  • 0.35 Acre Lot
  • Parking Garage
  • Living Room
  • Contemporary Architecture
  • 2 Car Attached Garage
  • Laundry closet

About This Home

As of January 2022

Largest 1 Bedroom at Solara Lofts. Step into this spacious condo with an open urban/loft feel boasting over 1100 sq. ft. of living space. Master bedroom has a walk-in closet and is separated by convertible Shoji screen doors that offer an open approach. Unique Eurostar Tilt/Turn windows, custom blinds, granite counters, stainless steel appliances and wine fridge accentuate the property nicely. Upgraded stackable washer/dryer, two side-by-side parking spaces & huge storage space give this property added value. Solara Lofts offers spa-like amenities with a gym, sauna, massage rooms and racquetball court. This property has so much to offer and is in a central location close to Cortez Hill, Little Italy and Bankers Hill.

Last Agent to Sell the Property

Lisa Padilla

Ritual Realty License #01295891 Listed on: 12/08/2021

Last Buyer's Agent

Portia Metras

Coldwell Banker Realty License #00870635

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,028

Year Built

  • Built in 1996

Lot Details

  • 0.35

HOA Fees

  • $620 Monthly HOA Fees

Parking

  • Parking Garage
  • Guest Parking

Home Design

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

Interior Spaces

  • 1,134 Sq Ft Home
  • Living Room
  • Dining Area

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Home Security

Utilities

  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 533-384-17-03

Community Details

Overview

  • Association fees include exterior (landscaping), exterior bldg maintenance, gated community, hot water
  • 77 Units
  • Solara Lofts Owners Assoc Association, Phone Number (800) 400-2284
  • Cortez Hill Community
  • 8-Story Property

Pet Policy

  • Pet Restriction

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,028

Year Built

Built in 1996

Lot Details

0

HOA Fees

$620 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Architectural Style: Contemporary, Modern
  • Residential Styles: All Other Attached
  • Market Area: Metro Central
  • Cross Street: Cedar & Beech
  • Neighborhood: Cortez Hill
  • LP / Sq Ft: 485.01
  • Price Per Sq Ft: 475.09
  • SP/ Sq Ft: 475.09
  • Stories: 1 Story
  • Stories In Building: 8
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1996
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 203
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Tile
  • Equipment Available: Dishwasher, Disposal, Dryer, Fire Sprinklers, Microwave, Range/Oven, Refrigerator, Washer, Gas Oven, Gas Stove, Gas Range, Gas Cooking
  • Elevator: Yes
  • Searchable Rooms: Dining Area, Kitchen, Living Room, Master Bedroom, Master Bathroom
  • Total Bedrooms: 1
  • Bedrooms: 1
  • Master Bedroom Dimensions: 16x14
  • Full Bathrooms: 1
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 1134
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Stucco
  • Roof: Composition

Garage/Parking

  • Garage Details: Attached, Underground, Community Garage
  • Garage Spaces: 2
  • Non Garage Parking: Guest Parking
  • 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: Cortez Hill
  • Total Fees: 7438.44
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 77
  • Total Number of Units: 77
  • Property Management Company: Action Property Managemen
  • Property Management Phone: 800-400-2284
  • Community: DOWNTOWN
  • Home Owner Association: Solara Lofts Owners Assoc
  • Home Owner Association Fee Includes: Exterior (Landscaping), Exterior Bldg Maintenance, Gated Community, Hot Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 619.87
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 800-400-2284

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 2

Fee Information

  • Total Monthly Fees: 620

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 533-384-17-03
  • Estimated Lot Sq Ft: 15034
  • Estimated Number of Acres: 0.35
  • Map Code Column: A
  • Map Code Page: 1289
  • Map Code Row: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2021
Closed on
Jan 13, 2022
Sold by
Ching Lee Jennifer Yuan and Ching Anne Dido
Bought by
Preiss Henry and Reinhard Deborah Louise
Seller's Agent
Lisa Padilla
Ritual Realty
Buyer's Agent
Portia Metras
Coldwell Banker Realty
List Price
$549,999
Sold Price
$538,750
Premium/Discount to List
-$11,249
-2.05%
Current Estimated Value
$639,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,295
Avg. Annual Appreciation
4.76%
Original Mortgage
$422,000
Outstanding Balance
$389,482
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$249,563

Purchase Details

Closed on
Jul 11, 2017
Sold by
Ascione Louis W
Bought by
Lee Jennifer Y and Keuning Dido

Purchase Details

Closed on
Jul 10, 2007
Sold by
1515 Partners Llc
Bought by
Ascione Louis W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,655
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2007
Sold by
1515 Partners Llc
Bought by
Solara Owners Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,655
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2004
Sold by
Fourth Avenue Partners Ltd
Bought by
Jm 43 Lp

Purchase Details

Closed on
Sep 22, 2004
Sold by
Broe Patrick D
Bought by
Fourth Avenue Properties Ltd

Purchase Details

Closed on
Sep 16, 2004
Sold by
Fourth Avenue Properties Ltd
Bought by
Jacobs Robert J
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
Preiss Henry $539,000 First American Title
Lee Jennifer Y $400,000 Lawyers Title
Ascione Louis W $405,000 Fidelity National Title Co
Solara Owners Association -- Fidelity National Title Co
Jm 43 Lp -- Stewart Title Of California
Fourth Avenue Properties Ltd -- Stewart Title Of California
Broe Patrick D -- Stewart Title Of California
Jacobs Robert J -- Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preiss Henry $422,000
Previous Owner Ascione Louis W $384,655
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2022 01/27/22 Sold $538,750 -2.0% $475 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
12/08/2021 12/08/21 For Sale $549,999 -- $485 / 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 $7,028 $571,724 $318,362 $253,362
2024 $7,028 $560,515 $312,120 $248,395
2023 $6,870 $549,525 $306,000 $243,525
2022 $5,349 $428,880 $241,245 $187,635
2021 $5,309 $420,471 $236,515 $183,956
2020 $5,242 $416,160 $234,090 $182,070
2019 $5,146 $408,000 $229,500 $178,500
2018 $4,814 $400,000 $225,000 $175,000
2017 $5,390 $458,362 $141,469 $316,893
2016 $5,300 $449,376 $138,696 $310,680
2015 $5,218 $442,627 $136,613 $306,014
2014 $5,122 $433,957 $133,937 $300,020
Source: Public Records

Agents Affiliated with this Home

  • Lisa Padilla

    Seller's Agent in 2022

    Lisa Padilla

    Ritual Realty

    (619) 304-7471

    1 in this area

    42 Total Sales

    Lisa Padilla
    Section Image
  • Portia Metras

    Buyer's Agent in 2022

    Portia Metras

    Coldwell Banker Realty

    (760) 635-4205

    1 in this area

    52 Total Sales

    Portia Metras
    Section Image
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About Solara Lofts

Map

Source: San Diego MLS

MLS Number: 210032889

San Diego MLS

APN: 533-384-17-03

California San Diego County San Diego 92101 Cortez Hill

1551 4th Ave Unit 203, San Diego, CA

This home is located at 1551 4th Ave Unit 203, San Diego, CA 92101 since 08 December 2021 and is currently estimated at $639,045, approximately $563 per square foot. This property was built in 1996. 1551 4th Ave Unit 203 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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