Solara Lofts 1551 4th Ave Unit 203 San Diego, CA 92101
Cortez Hill Neighborhood
1
Bed
1
Bath
1,168
Sq Ft
0.35
Acres
Highlights
- Fitness Center
- Automatic Gate
- City Lights View
- Spa
- Gated Community
- Open Floorplan
About This Home
As of January 2022PRICE REDUCED 409,000. LARGEST 1 BR-Spacious 2nd floor urban-loft open floor plan 1 bedroom 1168 sf. condo boasts large living area. Although a LOFT this unit features a custom bed enclosure separated by Shoji screen doors and a walk-in closet. NEW CARPET,Eurostar Tilt/Turn Windows,custom blinds, Brand-new carpet,granite counters,stainless steel appliances,wine fridge.Large Modern bookshelves w/built-in desk can convey.Upgraded Bausch stackables,2 parking spaces, huge storage, gym, sauna, spa, VA/FA appr. $409,000 SELLER MOTIVATED !! This is the LARGEST one bedroom for sale in building! Huge open loft layout. all the common areas (spa, gym, racquetball court, dry saunas, storage etc) are located on the "Club Solara" level via the elevator. Welcome to Solara Lofts. Minutes walk from Little Italy and the Gaslamp quarter. Excellent I-5 freeway access one block away. Spacious 2nd floor urban-loft open floor plan 1 bedroom condominium boasts Large living area. Although a “loft” this unit features a custom bed enclosure separated by Shoji screen doors and a walk-in closet. Original owner has maintained the unit extremely well. Eurostar Tilt and Turn Windows w/custom blinds. There is nothing else like it in San Diego.with custom blinds looks down onto Fourth Ave. Brand-new carpet, granite countertops, stainless steel appliances, wine refrigerator. Large Modern bookshelves with built-in desk can convey if Buyer would like them to stay. Brand-new custom track AND LED lighting. Upgraded Bausch stackable washer/dryer. Wine refrigerator/cooler. Complex is one of the few in the downtown area that has lots of guest parking as well as two side-by-side assigned parking spaces. Also a 3'x10' private secured storage space. Common areas include a gym, racquet ball courts, conference room, lounge, spa, and private massage rooms available. Urban living at its finest! Pet friendly complex. . Solara Lofts provides easy access to two major freeways as well as the best of what downtown San Diego has to offer: PETCO Park, the San Diego Zoo, Horton Plaza, The Embarcadero, The Gaslamp Quarter and Balboa Park. Solara Lofts is conveniently located in the distinctive Cortez Hill neighborhood of Downtown San Diego. As the highest point in Downtown San Diego, Cortez Hill offers spectacular views of San Diego Bay, Balboa Park and city lights. **Building was originally built in 1982, but COMPLETELY REDONE (adaptive re-use) from the ground up, in 2007. Priced to sell below average cost per square foot in building!!!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,028
Year Built
- Built in 2007 | Remodeled
Lot Details
- 1 Common Wall
- Gated Home
Parking
- 2 Car Garage
- Automatic Gate
Home Design
- Contemporary Architecture
- Turnkey
- Concrete Roof
Interior Spaces
- 1,168 Sq Ft Home
- Open Floorplan
- Track Lighting
- Entryway
- Family Room Off Kitchen
- Interior Storage Closet
Kitchen
- Breakfast Area or Nook
- Gas Oven
- Gas Cooktop
- Stove
- <<microwave>>
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
- Low Flow Toliet
- <<tubWithShowerToken>>
- Low Flow Shower
Laundry
- Laundry closet
- Stacked Washer and Dryer
Home Security
Schools
- San Diego Unified School District Elementary And Middle School
- San Diego Unified School District High School
Utilities
- Natural Gas Connected
- Separate Water Meter
- Gas Water Heater
- Cable TV Available
Additional Features
- Spa
- West of 5 Freeway
Listing and Financial Details
- Assessor Parcel Number 533-384-17-03
Community Details
Overview
- Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gated community, limited insurance, roof maintenance, sewer, trash pickup
- 77 Units
- Solara Lofts Owners Assn. Association, Phone Number (800) 400-2284
- Solara Lofts Community
- 8-Story Property
Amenities
- Sauna
- Trash Chute
- Meeting Room
Recreation
- Racquetball
- Community Spa
Pet Policy
- Breed Restrictions
Security
- Gated Community
- Fire Sprinkler System
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,712
Avg. Annual Appreciation
5.26%
Original Mortgage
$422,000
Outstanding Balance
$393,373
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$250,212
Purchase Details
Listed on
Apr 25, 2017
Closed on
Jul 11, 2017
Sold by
Ascione Louis W
Bought by
Lee Jennifer Y and Keuning Dido
Seller's Agent
Jenny Armour
LPT Realty,Inc
Buyer's Agent
Lisa Padilla
Ritual Realty
List Price
$449,900
Sold Price
$400,000
Premium/Discount to List
-$49,900
-11.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
5.7%
Mortgage Type
Unknown
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
Similar Homes in San Diego, CA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $539,000 | First American Title | |
| Grant Deed | $400,000 | Lawyers Title | |
| Grant Deed | $405,000 | Fidelity National Title Co | |
| Grant Deed | -- | Fidelity National Title Co | |
| Grant Deed | -- | Stewart Title Of California | |
| Grant Deed | -- | Stewart Title Of California | |
| Grant Deed | -- | Stewart Title Of California | |
| Grant Deed | -- | Stewart Title Of California |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $422,000 | New Conventional | |
| Previous Owner | $352,800 | New Conventional | |
| Previous Owner | $384,655 | Purchase Money Mortgage | |
| Previous Owner | $10,000,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 | +37.5% | $485 / Sq Ft |
| 07/21/2017 07/21/17 | Sold | $400,000 | -2.2% | $342 / Sq Ft |
| 07/10/2017 07/10/17 | Pending | -- | -- | -- |
| 06/26/2017 06/26/17 | Price Changed | $409,000 | -2.6% | $350 / Sq Ft |
| 06/18/2017 06/18/17 | Price Changed | $419,900 | -3.4% | $360 / Sq Ft |
| 05/15/2017 05/15/17 | Price Changed | $434,900 | -3.3% | $372 / Sq Ft |
| 05/04/2017 05/04/17 | For Sale | $449,900 | +12.5% | $385 / Sq Ft |
| 05/03/2017 05/03/17 | Off Market | $400,000 | -- | -- |
| 04/30/2017 04/30/17 | Price Changed | $449,900 | -5.3% | $385 / Sq Ft |
| 04/24/2017 04/24/17 | For Sale | $475,000 | -- | $407 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
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 | $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
55 Total Sales
-
Portia Metras
Buyer's Agent in 2022
Portia Metras
Coldwell Banker Realty
(760) 635-4205
1 in this area
48 Total Sales
-
Jenny Armour
Seller's Agent in 2017
Jenny Armour
LPT Realty,Inc
(760) 470-7643
5 Total Sales
About Solara Lofts
Map
Source: San Diego MLS
MLS Number: 170020648
APN: 533-384-17-03
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