NOT LISTED FOR SALE

Mills at Cortez Hill 1642 7th Ave Unit 529 San Diego, CA 92101

Cortez Hill Neighborhood

Estimated Value: $557,000 - $739,000

2 Beds
1 Bath
1,250 Sq Ft
$360/mo HOA Fee

Last Sold August 06, 2012

Last sale price $400,000 $320 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,241/month

38 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Contemporary Architecture
  • Gated Parking
  • Clubhouse
  • 2-minute walk to Tweet Street Park

About This Home

As of August 2012

This former model is being offered fully furnished for the first time. Developer spared no expense in outfitting this 2-story residence as the community showcase with quality upgrades and furnishings. Truly unique and VERY cool, this penthouse loft at The Mills is one you'll want to see! Featuring stunning urban views of the city and bay from banks of 2-story windows, this chic beauty has it all! Be sure not to miss this excellent opportunity! You'll enjoy life at the Mills' penthouse #529, complete with gleaming hardwood floors throughout, an ambient wood-burning fireplace, 16-foot windows with remote-controlled blinds & an amazing kitchen with Glass-faced SubZero, Miele hood over a Dacor range, Fisher & Paykel dual-drawer dishwasher, brushed stainless backsplash and black stone countertops with floating bar-top! The bath is to die for, with glass-tiled walls and tub/shower, glass vanity with vessel sink, & full-size closeted washer/dryer! A custom staircases leads you to the upstairs loft, complete with a den/family room, large bedroom (no closet), and a spacious, private view balcony! The Mills is an urban oasis in a choice downtown location. Complex features include: - a clubhouse with a business/conference center on the first level and a kitchen dining area on the second level - a state-of-the-art fitness center - landscaped courtyards and gated underground parking - two entry lobbies with intercoms and elevators provide access to this architectural gem. All info/meas/sq. ft. approx. and to be verified by buyer prior to close. Note: the expanded loft includes a large room currently used as the master bedroom; there is no closet but one will be installed with a strong offer!

Last Agent to Sell the Property

Gregg Neuman

Berkshire Hathaway HomeServices California Properties License #00809392 Listed on: 04/30/2012

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Deborah Neuman

Berkshire Hathaway HomeServices California Properties License #00822095

Last Buyer's Agent

Paul Eskildsen

tenX RE, Inc. dba TXR Homes License #01848467

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,043

Year Built

  • Built in 2004

Lot Details

  • 1.01

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Gated Parking

Home Design

  • Contemporary Architecture
  • Stucco Exterior

Interior Spaces

  • 1,250 Sq Ft Home
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Full Size Washer or Dryer
  • Dryer
  • Washer

Schools

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

Utilities

  • Separate Water Meter
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 534-011-13-61

Community Details

Overview

  • Association fees include common area maintenance, exterior bldg maintenance, gated community, hot water, limited insurance, trash pickup, water
  • 134 Units
  • Nnj Association, Phone Number (858) 550-7900
  • The Mills Community
  • 5-Story Property

Recreation

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,043

Year Built

Built in 2004

Lot Details

0

HOA Fees

$360 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Architectural Style: Contemporary
  • Attached Style: Mid Rise
  • Residential Styles: All Other Attached
  • Market Area: Metro Central
  • Cross Street: Cedar
  • Neighborhood: Cortez Hill / Downtown
  • Supplement: You'll enjoy life at the Mills' penthouse #529, complete with gleaming hardwood floors throughout, an ambient wood-burning fireplace, 16-foot windows with remote-controlled blinds & an amazing kitchen with Glass-faced SubZero, Miele hood over a Dacor rang
  • Estimated Living Space: 1,000 to 1,499 SqFt
  • LP / Sq Ft: 360
  • Price Per Sq Ft: 320
  • Residential Unit Location: No Unit Above
  • SP/ Sq Ft: 320
  • Stories: 2 Story
  • Stories In Building: 5
  • Ownership: Condominium
  • Total Stories: 2
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Wood
  • Sub Flooring: Wood other Story
  • Equipment Available: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Elevator: Yes
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Walls: Drywall
  • Searchable Rooms: Bedroom Entry Level
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 15x13
  • Full Bathrooms: 1
  • Laundry Location: Closet Full Sized
  • Estimated Sq Ft: 1250
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Stucco

Garage/Parking

  • Garage Details: Gated
  • Garage Spaces: 1
  • Parking Spaces Total: 1

Utilities

  • Cooling: Central Forced Air
  • Security: Gated Community
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas
  • Telecommunications: Cable (coaxial)

Condo/Co-op/Association

  • Complex Name: The Mills
  • Pets Allowed: Yes
  • Units In Building: 134
  • Total Number of Units: 134
  • Community: DOWNTOWN
  • Complex Features: Clubhouse/Rec Room, Exercise Room
  • Home Owner Association: NNJ
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior Bldg Maintenance, Gated Community, Hot Water, Limited Insurance, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 360.27
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-550-7900

Association/Amenities

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

Fee Information

  • Total Monthly Fees: 360

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: Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R-1
  • Assessor Parcel Number: 534-011-13-61
  • Map Code Column: B
  • Map Code Page: 1289
  • Map Code Row: 2

Tax Info

  • Assessor Parcel Number: 16427th52992101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2012
Closed on
Jul 24, 2012
Sold by
Cortez Development Group Llc
Bought by
Codega Emmanuele
Seller's Agent
Gregg Neuman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Paul Eskildsen
tenX RE, Inc. dba TXR Homes
List Price
$475,000
Sold Price
$400,000
Premium/Discount to List
-$75,000
-15.79%
Current Estimated Value
$621,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,041
Avg. Annual Appreciation
3.42%
Original Mortgage
$200,000
Outstanding Balance
$33,274
Interest Rate
2.92%
Mortgage Type
New Conventional
Estimated Equity
$587,452

Purchase Details

Closed on
Jun 27, 2007
Sold by
Cortez Development Group Llc
Bought by
Cortez Development Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,200
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2004
Sold by
Cortez Hill Llc
Bought by
Cortez Development Group Llc
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
Codega Emmanuele $400,000 California Title Company
Cortez Development Group Llc -- Fidelity National Title Co
Cortez Development Group Llc $659,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Codega Emmanuele $200,000
Previous Owner Cortez Development Group Llc $340,200
Previous Owner Cortez Development Group Llc $6,515,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2012 08/06/12 Sold $400,000 -11.1% $320 / Sq Ft
06/07/2012 06/07/12 Pending -- -- --
06/01/2012 06/01/12 Price Changed $450,000 -5.3% $360 / Sq Ft
04/30/2012 04/30/12 For Sale $475,000 -- $380 / 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 $6,043 $492,558 $98,509 $394,049
2024 $6,043 $482,901 $96,578 $386,323
2023 $5,904 $473,434 $94,685 $378,749
2022 $5,742 $464,152 $92,829 $371,323
2021 $5,695 $455,052 $91,009 $364,043
2020 $5,623 $450,387 $90,076 $360,311
2019 $5,517 $441,557 $88,310 $353,247
2018 $5,159 $432,900 $86,579 $346,321
2017 $82 $424,413 $84,882 $339,531
2016 $4,947 $416,092 $83,218 $332,874
2015 $4,869 $409,842 $81,968 $327,874
2014 $4,774 $401,815 $80,363 $321,452
Source: Public Records

Agents Affiliated with this Home

  • Gregg Neuman

    Seller's Agent in 2012

    Gregg Neuman

    Berkshire Hathaway HomeServices California Properties

    (619) 595-7025

    42 in this area

    630 Total Sales

    Gregg Neuman
    Section Image

  • D

    Seller Co-Listing Agent in 2012

    Deborah Neuman

    Berkshire Hathaway HomeServices California Properties

  • P

    Buyer's Agent in 2012

    Paul Eskildsen

    tenX RE, Inc. dba TXR Homes

See All Agents

About Mills at Cortez Hill

Map

Source: San Diego MLS

MLS Number: 120022229

San Diego MLS

APN: 534-011-13-61

California San Diego County San Diego 92101 Cortez Hill

1642 7th Ave Unit 529, San Diego, CA

This home is located at 1642 7th Ave Unit 529, San Diego, CA 92101 since 30 April 2012 and is currently estimated at $621,041, approximately $496 per square foot. This property was built in 2004. 1642 7th Ave Unit 529 is a home located in San Diego County with nearby schools including Washington Elementary School, Roosevelt International Middle School, and Urban Discovery Academy Charter.

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