NOT LISTED FOR SALE

Solara Lofts 1551 4th Ave Unit 704 San Diego, CA 92101

Cortez Hill Neighborhood

Estimated Value: $402,000 - $421,164

1 Bed
1 Bath
523 Sq Ft
$703/mo HOA Fee

Last Sold August 02, 2024

Last sale price $400,000 $765 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,286/month

10 Days on Market

Highlights

  • Fitness Center
  • Gated Parking
  • City Lights View
  • Spa
  • Gated Community
  • 15,034 Sq Ft lot

About This Home

As of August 2024

This home is located at 1551 4th Ave Unit 704, San Diego, CA 92101 since 01 July 2024 and is currently estimated at $411,041, approximately $785 per square foot. This property was built in 1996. 1551 4th Ave Unit 704 is a home located in San Diego County with nearby schools including Washington Elementary School, Roosevelt International Middle School, and Museum School.

Last Agent to Sell the Property

Erik Romero

Rennie Group License #01745163 Listed on: 07/01/2024

Co-Listed By

Laila Romero

CityMark Realty License #01905596

Last Buyer's Agent

Vivian An

LPT Realty,Inc License #02212256

LPT Realty,Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,759

Year Built

  • Built in 1996

Lot Details

  • 0.35

HOA Fees

  • $703 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking

Home Design

  • Modern Architecture
  • Concrete Roof
  • Metal Siding
  • Stucco Exterior
  • Stone Exterior Construction

Interior Spaces

  • 523 Sq Ft Home
  • Living Room
  • Dining Area
  • Built-In Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Outdoor Features

  • Spa
  • Balcony

Location

  • Interior Unit
  • West of 5 Freeway

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 533-384-17-62

Community Details

Overview

  • Association fees include common area maintenance, gated community, hot water, limited insurance, sewer, trash pickup, water
  • 79 Units
  • Action Property Mgt. Association, Phone Number (949) 450-0202
  • Solara Lofts Community
  • 8-Story Property

Amenities

  • Sauna

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,759

Year Built

Built in 1996

Lot Details

0

HOA Fees

$703 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: Cedar St.
  • Neighborhood: Cortez Hill | Downtown
  • Estimated Living Space: 500 to 999 SqFt
  • LP / Sq Ft: 722.18
  • Price Per Sq Ft: 764.82
  • Residential Unit Location: Middle
  • SP/ Sq Ft: 764.82
  • Stories: 1 Story
  • Stories In Building: 8
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1996
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 704
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Balcony
  • Flooring: Tile, Wood
  • Sub Flooring: Slab other Story
  • Equipment Available: Built In Range
  • Elevator: Yes
  • Walls: Drywall
  • Searchable Rooms: Bedroom Entry Level, Dining Area, Living Room
  • Total Bedrooms: 1
  • Bedrooms: 1
  • Master Bedroom Dimensions: 10x8
  • Full Bathrooms: 1
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 523
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Metal, Stone, Stucco
  • Patio: Balcony
  • Roof: Concrete
  • Skirting: Unknown
  • Spa: Community/Common, Yes
  • Spa Heat: Electric
  • View: City, Evening Lights, City Lights
  • Three or more Steps To Entry: Yes

Garage/Parking

  • Garage Details: Assigned, Gated, Underground, Community Garage
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric
  • Sewer/Septic: Sewer Connected
  • Water: Available
  • Heating: Forced Air Unit
  • Heating Fuel: Electric
  • Telecommunications: Cable (coaxial)

Condo/Co-op/Association

  • Complex Name: Solara Lofts
  • Total Fees: 8439.48
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 79
  • Total Number of Units: 79
  • Community: DOWNTOWN
  • Complex Features: Exercise Room, Gated Community, Pet Restrictions, Sauna, Spa/Hot Tub
  • Home Owner Association: Action Property Mgt.
  • Home Owner Association Fee Includes: Common Area Maintenance, Gated Community, Hot Water, Limited Insurance, Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 703.29
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 949-450-0202
  • Association Amenities: Gym/Ex Room, Pet Rules, Spa, Storage Area

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 7

Fee Information

  • Total Monthly Fees: 703

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 0 (Common Interest)
  • Site: West of I-5
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R1
  • Assessor Parcel Number: 533-384-17-62
  • Estimated Lot Sq Ft: 15034
  • Map Code Column: A
  • Map Code Page: 1289
  • Map Code Row: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Jul 25, 2024
Sold by
Gulijiahan Paerheti
Bought by
Leonard Devrim
Seller's Agent
Erik Romero
Rennie Group
Buyer's Agent
Vivian An
LPT Realty,Inc
List Price
$377,700
Sold Price
$400,000
Premium/Discount to List
$22,300
5.9%
Total Days on Market
10
Views
168
Current Estimated Value
$411,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,041
Avg. Annual Appreciation
2.73%
Original Mortgage
$280,000
Outstanding Balance
$277,084
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$133,957

Purchase Details

Listed on
Jul 1, 2024
Closed on
Jul 19, 2024
Sold by
Romero Karla and Cornejo Millie
Bought by
Leonard Devrim
Seller's Agent
Erik Romero
Rennie Group
Buyer's Agent
Vivian An
LPT Realty,Inc
List Price
$377,700
Sold Price
$400,000
Premium/Discount to List
$22,300
5.9%
Views
168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$277,084
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$133,957

Purchase Details

Closed on
Mar 5, 2024
Sold by
Romero Karla
Bought by
Romero Karla and Cornejo Millie

Purchase Details

Listed on
Jan 4, 2016
Closed on
Jan 13, 2016
Sold by
Jensen Barbara A
Bought by
Romero Karla
Seller's Agent
Erik Romero
Rennie Group
Buyer's Agent
Erik Romero
Rennie Group
List Price
$269,000
Sold Price
$255,000
Premium/Discount to List
-$14,000
-5.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$242,250
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2007
Sold by
1515 Partners Llc
Bought by
Jensen Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,503
Interest Rate
5.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Leonard Devrim -- First American Title
Leonard Devrim $400,000 First American Title
Romero Karla -- None Listed On Document
Romero Karla $255,000 First American Title Company
Jensen Barbara A $298,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leonard Devrim $280,000
Previous Owner Romero Karla $202,500
Previous Owner Romero Karla $242,250
Previous Owner Jensen Barbara A $292,503
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Sold $400,000 +5.9% $765 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $377,700 0.0% $722 / Sq Ft
04/26/2023 04/26/23 Rented $2,300 0.0% --
04/01/2023 04/01/23 For Rent $2,300 0.0% --
02/26/2016 02/26/16 Sold $255,000 -5.2% $488 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
01/01/2016 01/01/16 For Sale $269,000 0.0% $514 / Sq Ft
12/08/2014 12/08/14 Rented $1,800 0.0% --
12/08/2014 12/08/14 For Rent $1,800 -- --
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 $3,759 $400,000 $300,000 $100,000
2024 $3,759 $295,942 $133,463 $162,479
2023 $3,674 $290,141 $130,847 $159,294
2022 $3,574 $284,453 $128,282 $156,171
2021 $3,547 $278,876 $125,767 $153,109
2020 $3,502 $276,018 $124,478 $151,540
2019 $3,438 $270,607 $122,038 $148,569
2018 $3,217 $265,302 $119,646 $145,656
2017 $3,139 $260,100 $117,300 $142,800
2016 $3,356 $285,000 $75,000 $210,000
2015 $3,354 $285,000 $75,000 $210,000
2014 $3,356 $285,000 $75,000 $210,000
Source: Public Records

Agents Affiliated with this Home

  • Erik Romero

    Seller's Agent in 2024

    Erik Romero

    Rennie Group

    (619) 894-0932

    1 in this area

    28 Total Sales

    Section Image
  • Laila Romero

    Seller Co-Listing Agent in 2024

    Laila Romero

    CityMark Realty

    (619) 717-0525

    1 in this area

    30 Total Sales

    Section Image

  • V

    Buyer's Agent in 2024

    Vivian An

    LPT Realty,Inc

    (800) 550-3209

    1 in this area

    4 Total Sales

    Section Image

  • L

    Seller's Agent in 2023

    Laura Licea

    Cristina Licea, Broker

  • N

    Buyer's Agent in 2023

    NoEmail NoEmail

    None MRML

    (646) 541-2551

    5,766 Total Sales

    Section Image
See All Agents

About Solara Lofts

Map

Source: San Diego MLS

MLS Number: 240014452

San Diego MLS

APN: 533-384-17-62

California San Diego County San Diego 92101 Cortez Hill

1551 4th Ave Unit 704, San Diego, CA

This home is located at 1551 4th Ave Unit 704, San Diego, CA 92101 since 01 July 2024 and is currently estimated at $411,041, approximately $785 per square foot. This property was built in 1996. 1551 4th Ave Unit 704 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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