NOT LISTED FOR SALE

1624 Cypress Ave Unit 7B San Diego, CA 92103

Hillcrest Neighborhood

Estimated Value: $683,000 - $783,000

3 Beds
2 Baths
1,138 Sq Ft
$410/mo HOA Fee

Last Sold December 23, 2020

Last sale price $493,000 $433 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,964/month

52 Days on Market

Highlights

  • Subterranean Parking
  • Gated Home
  • Level Lot
  • Laundry Facilities

About This Home

As of December 2020

SWCB $499,000 and $539.00. Location...Location...Location...Rare top floor 3 bedroom, 2 bathroom unit with balcony and 2 parking spaces on a tree lined street surrounded by picturesque homes. Walk to Balboa Park, San Diego Zoo, Hillcrest Farmers Market, countless restaurants, coffee shops, specialty stores, clubs, dessert houses and so much more!!! Condo needs TLC and updating. This unit is a 3 bedroom, 2 bathroom with an excellent floor plan and is now priced to sell. It just needs to be update/remodeled. The last unit that sold in the building was this summer and was a remodeled 2 bedroom, which sold for $570,000. There are 2 parking spaces in a security garage and an outdoor balcony. This is a great opportunity for someone to get a wonderful 3 bedroom unit in and excellent neighborhood with great walkability, at an affordable price.

Last Agent to Sell the Property

Tony Azar

The Metropolitan Group License #01308749 Listed on: 10/12/2020

Co-Listed By

Trent St. Louis

The Metropolitan Group License #01273643

Last Buyer's Agent

Amy Jones

Real Broker License #01362749

Real Broker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,457

Year Built

  • Built in 1975

Lot Details

  • Gated Home

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Common Roof
  • Stucco Exterior

Interior Spaces

  • 1,138 Sq Ft Home
  • 2-Story Property
  • Entryway

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Radiant Heating System
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 452-213-38-14

Community Details

Overview

  • Association fees include common area maintenance, trash pickup, water
  • 14 Units
  • Cypress Arms Association, Phone Number (858) 227-4220
  • Cypress Arms Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,457

Year Built

Built in 1975

Lot Details

0

HOA Fees

$410 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Metro Uptown
  • Cross Street: Park
  • Neighborhood: Hillcrest
  • Supplement: This unit is a 3 bedroom, 2 bathroom with an excellent floor plan and is now priced to sell. It just needs to be update/remodeled. The last unit that sold in the building was this summer and was a remodeled 2 bedroom, which sold for $570,000. There are 2 parking spaces in a security garage and an outdoor balcony. This is a great opportunity for someone to get a wonderful 3 bedroom unit in and excellent neighborhood with great walkability, at an affordable price.
  • LP / Sq Ft: 473.64
  • Price Per Sq Ft: 433.22
  • SP/ Sq Ft: 433.22
  • Stories: 1 Story
  • Stories In Building: 2
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1975
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 7B
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Electric Range
  • Elevator: Yes
  • Searchable Rooms: Entry
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 16x11
  • Full Bathrooms: 2
  • Laundry Location: Community
  • Estimated Sq Ft: 1138
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Gate
  • Roof: Common Roof

Garage/Parking

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

Utilities

  • Laundry Utilities: Electric
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Radiant
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Cypress Arms
  • Total Fees: 4920.0
  • Units In Building: 14
  • Total Number of Units: 14
  • Community: HILLCREST
  • Home Owner Association: Cypress Arms
  • Home Owner Association Fee Includes: Common Area Maintenance, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 410.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-227-4220

Association/Amenities

  • Entry Level Unit: 2

Fee Information

  • Total Monthly Fees: 410

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 452-213-38-14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Dec 15, 2020
Sold by
Ashmead Elizabeth E and Elizabeth E Ashmead Trust
Bought by
Massoud Rayan
Seller's Agent
Tony Azar
The Metropolitan Group
Buyer's Agent
Amy Jones
Real Broker
List Price
$579,000
Sold Price
$493,000
Premium/Discount to List
-$86,000
-14.85%
Current Estimated Value
$733,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,471
Avg. Annual Appreciation
8.76%
Original Mortgage
$493,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 23, 1998
Sold by
Ashmead Elizabeth E
Bought by
Ashmead Elizabeth E

Purchase Details

Closed on
Jun 20, 1996
Sold by
Ashmead & Caster Trust 03-14-95
Bought by
Ashmead Elizabeth E

Purchase Details

Closed on
Mar 14, 1995
Sold by
Ashmead Elizabeth E
Bought by
Ashmead Elizabeth E

Purchase Details

Closed on
Oct 4, 1988

Purchase Details

Closed on
Feb 4, 1985
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
Massoud Rayan $493,000 Wfg Title Co Of Ca San Diego
Ashmead Elizabeth E -- --
Ashmead Elizabeth E -- --
Ashmead Elizabeth E -- --
-- $120,000 --
-- $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Massoud Rayan $488,000
Closed Massoud Rayan $493,000
Previous Owner Ashmead Elizabeth E $26,686
Previous Owner Ashmead Elizabeth E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2020 12/23/20 Sold $493,000 -8.5% $433 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
11/11/2020 11/11/20 Price Changed $539,000 -1.8% $474 / Sq Ft
11/02/2020 11/02/20 Price Changed $549,000 -1.8% $482 / Sq Ft
10/20/2020 10/20/20 Price Changed $559,000 -3.5% $491 / Sq Ft
10/12/2020 10/12/20 For Sale $579,000 -- $509 / 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 $6,457 $533,636 $82,564 $451,072
2024 $6,457 $523,174 $80,946 $442,228
2023 $6,315 $512,916 $79,359 $433,557
2022 $6,147 $502,859 $77,803 $425,056
2021 $6,105 $493,000 $76,278 $416,722
2020 $2,562 $205,873 $31,853 $174,020
2019 $2,517 $201,837 $31,229 $170,608
2018 $2,354 $197,880 $30,617 $167,263
2017 $2,299 $194,001 $30,017 $163,984
2016 $2,262 $190,198 $29,429 $160,769
2015 $2,146 $187,342 $28,987 $158,355
2014 $2,112 $183,674 $28,420 $155,254
Source: Public Records

Agents Affiliated with this Home

  • Tony Azar

    Seller's Agent in 2020

    Tony Azar

    The Metropolitan Group

    (619) 944-6901

    11 in this area

    40 Total Sales

    Section Image
  • Trent St. Louis

    Seller Co-Listing Agent in 2020

    Trent St. Louis

    The Metropolitan Group

    (619) 300-1621

    12 in this area

    45 Total Sales

    Section Image
  • Amy Jones

    Buyer's Agent in 2020

    Amy Jones

    Real Broker

    (949) 370-4559

    1 in this area

    45 Total Sales

    Section Image
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Map

Source: San Diego MLS

MLS Number: 200048370

San Diego MLS

APN: 452-213-38-14

California San Diego County San Diego 92103 Hillcrest

1624 Cypress Ave Unit 7B, San Diego, CA

This home is located at 1624 Cypress Ave Unit 7B, San Diego, CA 92103 since 12 October 2020 and is currently estimated at $734,594, approximately $645 per square foot. This property was built in 1975. 1624 Cypress Ave Unit 7B is a home located in San Diego County with nearby schools including Roosevelt International Middle School, North Park Christian School, and Kindred Montessori.

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