NOT LISTED FOR SALE

Estimated Value: $909,000 - $1,794,000

1 Bed
1.5 Baths
1,200 Sq Ft
$1,309/mo HOA Fee

Last Sold July 25, 2014

Last sale price $932,500 $777 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $9,661/month

155 Days on Market

Highlights

  • Concierge
  • 2-minute walk to Gaslamp Quarter
  • Spa
  • Ocean View
  • Fitness Center
  • 42,390 Sq Ft lot

About This Home

As of July 2014

This is a SCREAMING deal! Motivated seller has reduced the price to cause a quick sale. Check the comps: #2401, COE 4/14 @ $1,182,000; #2203, COE 4/14 @ $1,770,000; #2701, COE 8/13 @ $1,300,000; #2602; COE 5/13 @ $3,400,000! All the finest custom appointments, 270 degree views from Pt. Loma to Mexico with water/bay views and looking right into Petco Park! Luxury living at its finest, in arguably the most exclusive building in downtown SD! Most residences are 2nd, 3rd, and 4th homes ... see supplement ... Features include; Induction range top, easy open close drawers/doors, under-counter touch open/close microwave. Bosch appliances, tank-less hot water heater, Control 4 electronics (control everything from lighting, heating/cooling, shades, etc from the TV remote, which is infra-red driven). Huge soaking tub, separate large shower, Toto-Neorest toilet with automatic toilet lid/seat, heated seat, and washing, drying function, plus auto flush! 2 of the four walls are huge picture view windows. BRIGHT and expansive views. High security building with monitored garage, halls, security entry and a full-time staff that treats you and your guests like royalty! As an owner the Omni offers room rates at $119/night, McCormicks offers a 10% discount, you can utilize room service, the gym in the hotel, housekeeping on request (for a charge). This is luxury living at its best! Less than 10 (currently) full time residents reside in the building - Most of all 2 of the most important aspects of real estate - location, location, location & buy the least expensive property in the most expensive neighborhood!! Don't miss out on this fantastic opportunity!

Last Agent to Sell the Property

Marc Prestera

Prestera Real Estate License #00862074 Listed on: 12/30/2013

Last Buyer's Agent

Miguel Nunez

Keller Williams Realty License #01220521

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,936

Year Built

  • Built in 2010

Lot Details

  • 0.97

HOA Fees

  • $1,309 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Garage Door Opener
  • Automatic Gate

Property Views

  • Ocean
  • Bay
  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,200 Sq Ft Home
  • Wired For Data
  • 1 Fireplace
  • Dining Area
  • Closed Circuit Camera

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Pool

  • Spa
  • Gas Heated Pool

Utilities

  • Separate Water Meter
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • End Unit
  • West of 5 Freeway

Listing and Financial Details

  • Assessor Parcel Number 535-550-28-24

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, limited insurance, roof maintenance, sewer, termite, trash pickup, water
  • 39 Units
  • Metropolitan Condominiums Association, Phone Number (619) 587-9977
  • High-Rise Condominium
  • The Metropolitan Community
  • 32-Story Property

Amenities

  • Concierge
  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,936

Year Built

Built in 2010

Lot Details

0

HOA Fees

$1,309 per month

Parking

1

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: L
  • Neighborhood: Gaslamp
  • Supplement: Features include; Induction range top, easy open close drawers/doors, under-counter touch open/close microwave. Bosch appliances, tank-less hot water heater, Control 4 electronics (control everything from lighting, heating/cooling, shades, etc from the TV remote, which is infra-red driven). Huge soaking tub, separate large shower, Toto-Neorest toilet with automatic toilet lid/seat, heated seat, and washing, drying function, plus auto flush! 2 of the four walls are huge picture view windows. BRIGHT and expansive views. High security building with monitored garage, halls, security entry and a full-time staff that treats you and your guests like royalty! As an owner the Omni offers room rates at $119/night, McCormicks offers a 10% discount, you can utilize room service, the gym in the hotel, housekeeping on request (for a charge). This is luxury living at its best! Less than 10 (currently) full time residents reside in the building - Most of all 2 of the most important aspects of real estate - location, location, location & buy the least expensive property in the most expensive neighborhood!! Don't miss out on this fantastic opportunity!
  • Estimated Living Space: 1,000 to 1,499 SqFt
  • LP / Sq Ft: 791.58
  • Price Per Sq Ft: 777.08
  • Residential Unit Location: End Unit
  • SP/ Sq Ft: 777.08
  • Stories: 1 Story
  • Stories In Building: 32
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 2010
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 2801
  • Walk Score Desc: Very Walkable
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Stone, Wood
  • Equipment Available: Dishwasher, Disposal, Dryer, Fire Sprinklers, Garage Door Opener, Microwave, Range/Oven, Refrigerator, Washer
  • Elevator: Yes
  • Fireplaces: 1
  • Walls: Drywall
  • Searchable Rooms: Breakfast Area, Dining Area, MBR Entry Level
  • Total Bedrooms: 1
  • Bedrooms: 1
  • Master Bedroom Dimensions: 15x13
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 1200
  • Total Bathrooms: 2

Exterior Features

  • Patio: Balcony
  • Pool: Community/Common
  • Pool Heat: Gas
  • Spa: Community/Common, Yes
  • View: Bay, City, Evening Lights, Mountains/Hills, Ocean

Garage/Parking

  • Garage Details: Attached, Underground
  • Garage Spaces: 1
  • Parking Spaces Total: 1

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric
  • Security: Automatic Gate, Closed Circuit TV, On Site Guard
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Tankless
  • Heating: Forced Air Unit
  • Heating Fuel: Electric
  • Telecommunications: Cable (coaxial), Wired High Speed Internet

Condo/Co-op/Association

  • Complex Name: The Metropolitan
  • Total Fees: 15708.24
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 39
  • Total Number of Units: 39
  • Property Management Company: Prescott
  • Property Management Phone: 619-587-9977
  • Community: DOWNTOWN
  • Complex Features: BBQ, Clubhouse/Rec Room, Concierge, Exercise Room, On-Site Guard, Pet Restrictions, Pool, Spa/Hot Tub
  • Home Owner Association: Metropolitan Condominiums
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Limited Insurance, Roof Maintenance, Sewer, Termite, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 1309.02
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619-587-9977

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 28

Fee Information

  • Total Monthly Fees: 1309

Lot Info

  • Lot Size: 0 (Common Interest)
  • Site: Curbs, Public Street, Sidewalks, Street Paved, West of I-5
  • Topography: Level
  • Assessor Parcel Number: 535-550-28-24
  • Estimated Lot Sq Ft: 42390
  • Map Code Column: B
  • Map Code Page: 1289
  • Map Code Row: 4

Tax Info

  • Assessor Parcel Number: 1656th280192101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2013
Closed on
Jul 24, 2014
Sold by
Guefen Uri
Bought by
Guefen Uri and The Uri Guefen Trust
Seller's Agent
Marc Prestera
Prestera Real Estate
Buyer's Agent
Miguel Nunez
Keller Williams Realty
List Price
$1,149,000
Sold Price
$932,500
Premium/Discount to List
-$216,500
-18.84%
Current Estimated Value
$1,301,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,486
Avg. Annual Appreciation
3.12%
Original Mortgage
$699,375
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 30, 2013
Closed on
Jun 5, 2014
Sold by
Prestera Marc
Bought by
Guefen Uri
Seller's Agent
Marc Prestera
Prestera Real Estate
Buyer's Agent
Miguel Nunez
Keller Williams Realty
List Price
$1,149,000
Sold Price
$932,500
Premium/Discount to List
-$216,500
-18.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,375
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 20, 2011
Sold by
Bridgesource Capital Corp
Bought by
Prestera Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
3.93%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 1, 2010
Sold by
Schneider Jeffrey and Schneider Deidre
Bought by
Bridgesource Capital Corp

Purchase Details

Closed on
Jan 29, 2008
Sold by
Jmir San Diego Condo Co Llc
Bought by
Bridgesource Capital Corp
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
Guefen Uri -- Fidelity
Guefen Uri $932,500 Fidelity National Title
Prestera Marc -- Fidelity National Title
Prestera Marc $900,000 Chicago Title Company
Bridgesource Capital Corp -- Accommodation
Bridgesource Capital Corp -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guefen Uri $753,255
Closed Guefen Uri $758,000
Previous Owner Uri Guefen Trust $760,450
Previous Owner Guefen Uri $763,200
Previous Owner Guefen Uri $645,300
Previous Owner Guefen Uri $228,000
Previous Owner Prestera Marc $699,375
Previous Owner Prestera Marc $840,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2014 07/25/14 Sold $932,500 -1.8% $777 / Sq Ft
06/03/2014 06/03/14 Pending -- -- --
04/24/2014 04/24/14 Price Changed $949,900 -9.5% $792 / Sq Ft
04/04/2014 04/04/14 Price Changed $1,049,999 -4.5% $875 / Sq Ft
02/06/2014 02/06/14 Price Changed $1,099,000 -4.4% $916 / Sq Ft
12/30/2013 12/30/13 For Sale $1,149,000 -- $958 / 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 $13,936 $1,120,713 $420,641 $700,072
2024 $13,936 $1,098,740 $412,394 $686,346
2023 $13,619 $1,077,197 $404,308 $672,889
2022 $13,249 $1,056,077 $396,381 $659,696
2021 $13,143 $1,035,370 $388,609 $646,761
2020 $12,976 $1,024,755 $384,625 $640,130
2019 $12,734 $1,004,663 $377,084 $627,579
2018 $11,911 $984,965 $369,691 $615,274
2017 $11,621 $965,653 $362,443 $603,210
2016 $11,428 $946,720 $355,337 $591,383
2015 $11,250 $932,500 $350,000 $582,500
2014 $10,987 $922,167 $409,852 $512,315
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 130065587

San Diego MLS

APN: 535-550-28-24