NOT LISTED FOR SALE

Solara Lofts 1551 4th Ave Unit 811 San Diego, CA 92101

Cortez Hill Neighborhood

Estimated Value: $749,000 - $957,091

2 Beds
2.5 Baths
1,616 Sq Ft
$676/mo HOA Fee

Last Sold April 16, 2021

Last sale price $775,000 $480 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,187/month

6 Days on Market

Highlights

  • Modern Architecture
  • Subterranean Parking
  • Dining Area
  • Home Office
  • Laundry closet
  • Level Lot

About This Home

As of April 2021

Urban and stylish Solara Lofts penthouse with stunning downtown views from every room. Generous square footage, soaring ceilings, large rooms, beautiful wood floors, and ... views. Solara Lofts is a boutique building smartly located between Little Italy and Cortez Hill. Amenity rich complex offers large gym, racquet ball courts, locker rooms, sauna and massage rooms. Like being on vacation everyday. Flexible floorplan offers separate dining room, or home office, large kitchen with tons of storage. Don't miss 1/2 bath off kitchen, ample closet space and full size laundry. This unit truly checks every box for quality downtown San Diego living.

Last Agent to Sell the Property

Timothy Stigers

Cairn Realty Group, Inc. License #01001318 Listed on: 03/20/2021

Last Buyer's Agent

Jenny Schlick

Compass License #01722129

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,253

Year Built

  • Built in 1996

Lot Details

  • 0.35

HOA Fees

  • $676 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Modern Architecture
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,616 Sq Ft Home
  • Dining Area
  • Home Office

Kitchen

  • <<builtInRangeToken>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry closet
  • Full Size Washer or Dryer

Utilities

  • Heat Pump System
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 533-384-17-78

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), gated community, hot water, limited insurance, roof maintenance, trash pickup
  • 77 Units
  • Solara Lofts Association, Phone Number (949) 450-0202
  • Solara Lofts Community
  • 8-Story Property

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,253

Year Built

Built in 1996

Lot Details

0

HOA Fees

$676 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 Street
  • Neighborhood: Little Italy / Cortez Hill
  • LP / Sq Ft: 494.43
  • Price Per Sq Ft: 479.58
  • SP/ Sq Ft: 479.58
  • 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: 811
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Disposal, Built In Range, Gas Range, Gas Cooking
  • Elevator: Yes
  • Searchable Rooms: Dining Area, Office
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 16X14
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Laundry Location: Closet Full Sized
  • Estimated Sq Ft: 1616
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Block, Stucco, Wood/Stucco
  • Roof: Composition

Garage/Parking

  • Garage Details: Underground
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air, Heat Pump(s)
  • Laundry Utilities: Electric
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit, Heat Pump
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Solara Lofts
  • Total Fees: 8107.2
  • Pets Allowed: Yes
  • Units In Building: 77
  • Total Number of Units: 77
  • Property Management Company: Action Property Mgme
  • Property Management Phone: 949-450-0202
  • Home Owner Association: Solara Lofts
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Gated Community, Hot Water, Limited Insurance, Roof Maintenance, Trash Pickup
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 675.6
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 949-450-0202

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 8

Fee Information

  • Total Monthly Fees: 676

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 533-384-17-78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2021
Closed on
Apr 2, 2021
Sold by
Saltsman Michael James and Saltsman Michael James
Bought by
St Jean Denise and Nasiff Bradley
Seller's Agent
Timothy Stigers
Cairn Realty Group, Inc.
Buyer's Agent
Jenny Schlick
Compass
List Price
$799,000
Sold Price
$775,000
Premium/Discount to List
-$24,000
-3%
Current Estimated Value
$843,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,273
Avg. Annual Appreciation
4.01%
Original Mortgage
$713,000
Outstanding Balance
$650,684
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$265,408

Purchase Details

Closed on
Apr 29, 2020
Sold by
Borden Scott M
Bought by
Saltsman Michael James and Saltsman Micharl James

Purchase Details

Closed on
Sep 29, 2017
Sold by
Borden Scott M and Scott M Borden Trust
Bought by
Emerald Blue Llc

Purchase Details

Closed on
Jul 10, 2007
Sold by
1515 Partners Llc
Bought by
Borden Scott M
Source: Public Records

Range of Values:

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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
St Jean Denise $775,000 Fidelity Natl Ttl San Diego
Saltsman Michael James -- None Available
Borden Scott M -- None Available
Emerald Blue Llc -- None Available
Borden Scott M $615,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open St Jean Denise $713,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $775,000 -3.0% $480 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/20/2021 03/20/21 For Sale $799,000 -- $494 / 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 $10,253 $822,436 $397,953 $424,483
2023 $10,020 $806,310 $390,150 $416,160
2022 $9,748 $790,500 $382,500 $408,000
2021 $10,169 $808,287 $525,387 $282,900
2020 $8,890 $706,322 $184,905 $521,417
2019 $8,726 $692,474 $181,280 $511,194
2018 $8,161 $678,897 $177,726 $501,171
2017 $7,964 $665,587 $174,242 $491,345
2016 $7,833 $652,537 $170,826 $481,711
2015 $7,713 $642,737 $168,261 $474,476
2014 $7,565 $630,147 $164,965 $465,182
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Timothy Stigers

    Cairn Realty Group, Inc.

    Section Image
  • Jenny Schlick

    Buyer's Agent in 2021

    Jenny Schlick

    Compass

    (619) 804-1339

    1 in this area

    45 Total Sales

    Jenny Schlick
    Section Image
See All Agents

About Solara Lofts

Map

Source: San Diego MLS

MLS Number: 210007268

San Diego MLS

APN: 533-384-17-78

California San Diego County San Diego 92101 Cortez Hill

1551 4th Ave Unit 811, San Diego, CA

This home is located at 1551 4th Ave Unit 811, San Diego, CA 92101 since 20 March 2021 and is currently estimated at $843,273, approximately $521 per square foot. This property was built in 1996. 1551 4th Ave Unit 811 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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