$390,000
SOLD MAY 18, 2020
1 Bed
1 Bath
780 Sq Ft
$616/mo HOA Fee

Recently Sold

$500 Per Sq Ft

2% Below List Price

9 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Open Floorplan
  • Bay View
  • 0.35 Acre Lot
  • Clubhouse

About This Home

As of May 2020

Well maintained 7th floor condo unit with amazing views located within the rarely available community of Solara Lofts. This amazing contemporary property boasts an open floor plan with neutral paint and trim, in-unit laundry facilities, an outdoor balcony, and durable hardwood flooring throughout. Large windows bask the home in an abundance of natural light. A beautifully appointed kitchen boasting granite countertops, sleek stainless steel appliances, and custom cabinetry. Unsurpassed community amenities include a secure gated building, large storage space, underground parking with two assigned spaces, racquetball court, sauna, massage rooms, and a gym/exercise room. Conveniently located, just minutes away from Interstate 5, Balboa Park, Little Italy, The Embarcadero, and the Gaslamp district offering world-class dining, shopping, entertainment, plus so much more!!

Last Agent to Sell the Property

Lisa Padilla

Ritual Realty License #01295891 Listed on: 04/08/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,284

Year Built

  • Built in 1996

HOA Fees

  • $616 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Property Views

  • Bay

Home Design

  • Contemporary Architecture
  • Common Roof
  • Stucco Exterior

Interior Spaces

  • 780 Sq Ft Home
  • Open Floorplan
  • Living Room

Kitchen

  • Gas Oven
  • Stove
  • Gas Range
  • Range Hood
  • <<microwave>>
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Full Size Washer or Dryer
  • Washer

Utilities

  • Separate Water Meter
  • Water Purifier

Additional Features

  • Balcony
  • Partially Fenced Property

Listing and Financial Details

  • Assessor Parcel Number 533-384-17-67

Community Details

Overview

  • Association fees include common area maintenance, sewer, termite
  • 77 Units
  • Solara Owners Assoc Association, Phone Number (800) 400-2284
  • Solara Lofts Community
  • 8-Story Property

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Additional Features

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,284

Year Built

Built in 1996

Lot Details

0

HOA Fees

$616 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Architectural Style: Contemporary
  • Attached Style: High Rise (5+ Stories)
  • Residential Styles: All Other Attached
  • Market Area: Metro Central
  • Cross Street: Cedar
  • Neighborhood: Downtown/Cortez Hill
  • Supplement: Unsurpassed community amenities include a secure gated building, large storage space, underground parking with two assigned spaces, racquetball court, sauna, massage rooms, and a gym/exercise room. Conveniently located, just minutes away from Interstate 5, Balboa Park, Little Italy, The Embarcadero, and the Gaslamp district offering world-class dining, shopping, entertainment, plus so much more!!
  • LP / Sq Ft: 511.54
  • Price Per Sq Ft: 500.0
  • SP/ Sq Ft: 500.0
  • Stories: 1 Story
  • Stories In Building: 8
  • Ownership: Condominium
  • 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: 710
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Open Floor Plan
  • Flooring: Tile, Wood
  • Equipment Available: Dishwasher, Microwave, Refrigerator, Washer, Gas Oven, Gas Stove, Ice Maker, Range/Stove Hood, Gas Range, Water Purifier, Counter Top
  • Elevator: Yes
  • Searchable Rooms: Living Room
  • Total Bedrooms: 1
  • Bedrooms: 1
  • Master Bedroom Dimensions: 13X14
  • Full Bathrooms: 1
  • Laundry Location: Closet Full Sized
  • Estimated Sq Ft: 780
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Stucco, Concrete
  • Fencing: Partial
  • Patio: Balcony
  • Roof: Common Roof
  • Spa: Community/Common
  • View: Bay, City, City Lights

Garage/Parking

  • Garage Details: Assigned, Attached
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Washer Hookup
  • Security: Gated Community
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Solara Lofts
  • Total Fees: 7390.92
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 77
  • Total Number of Units: 77
  • Property Management Company: Action Property Mgmt.
  • Property Management Phone: 800-400-2284
  • Community: SAN DIEGO
  • Complex Features: Clubhouse/Rec Room, Exercise Room
  • Home Owner Association: Solara Owners Assoc
  • Home Owner Association Fee Includes: Common Area Maintenance, Sewer, Termite
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 615.91
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 800-400-2284
  • Association Amenities: Club House, Gym/Ex Room

Association/Amenities

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

Fee Information

  • Total Monthly Fees: 616

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 533-384-17-67
  • 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
Apr 8, 2020
Closed on
Apr 22, 2020
Sold by
Lee Jennifer Y and Keuning Dido Anne
Bought by
Alvarez Alberto
Seller's Agent
Lisa Padilla
Ritual Realty
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%
Current Estimated Value
$549,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,609
Avg. Annual Appreciation
6.73%
Original Mortgage
$370,500
Outstanding Balance
$331,884
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$214,354

Purchase Details

Listed on
Apr 1, 2014
Closed on
Apr 15, 2014
Sold by
Annibale Teresa M
Bought by
Lee Jennifer Y and Keuning Dido Anne
Seller's Agent
Gregg Neuman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Lisa Padilla
Ritual Realty
List Price
$369,900
Sold Price
$360,000
Premium/Discount to List
-$9,900
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.35%
Original Mortgage
$100,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2010
Sold by
Ziprick Robert H and Ziprick Sharlyn K
Bought by
Annibale Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,141
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 2007
Sold by
1515 Partners Llc
Bought by
Ziprick Robert H and Ziprick Sharlyn K
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $390,000 First American Ttl San Diego
Grant Deed $360,000 California Title Company
Quit Claim Deed -- California Title Company
Grant Deed $310,000 First American Title Ins Co
Grant Deed $438,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $370,500 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $302,141 FHA
Previous Owner $75,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2020 05/18/20 Sold $390,000 -2.3% $500 / Sq Ft
04/18/2020 04/18/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $399,000 +10.8% $512 / Sq Ft
05/27/2014 05/27/14 Sold $360,000 -2.7% $462 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $369,900 -- $474 / 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
2024 $5,284 $418,155 $268,048 $150,107
2023 $5,165 $409,957 $262,793 $147,164
2022 $5,025 $401,920 $257,641 $144,279
2021 $4,987 $394,040 $252,590 $141,450
2020 $5,091 $403,517 $145,715 $257,802
2019 $4,997 $395,606 $142,858 $252,748
2018 $4,675 $387,850 $140,057 $247,793
2017 $4,562 $380,246 $137,311 $242,935
2016 $4,486 $372,791 $134,619 $238,172
2015 $4,418 $367,192 $132,597 $234,595
2014 $3,910 $323,986 $81,519 $242,467
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200016461

San Diego MLS

APN: 533-384-17-67