NOT LISTED FOR SALE

Estimated Value: $667,000 - $824,000

2 Beds
1 Bath
835 Sq Ft
$300/mo HOA Fee

Last Sold August 09, 2022

Last sale price $622,000 $745 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,827/month

12 Days on Market

Highlights

  • City Lights View
  • Community Pool
  • No Heating
  • Grant K-8 Rated A-
  • Laundry Room

About This Home

As of August 2022

If you're looking for a beautiful condo with amazing views, THIS IS IT! Located in the highly desired South Mission Hills, this beautiful condo is close to all & features 2 bedrooms, 1 full bathroom and a private balcony to soak in the stunning view towards Point Loma, Downtown, & the San Diego Bay! Enjoy the excitement of the hustle and bustle of "San Diego Finest City". This home has a great floor plan, boasting of two bedrooms, nice kitchen with stainless steel appliances, dining area that opens to patio with large windows to take in the views! Large shared laundry room, assigned covered parking with personal locked storage closets. Close to many San Diego attractions including Old Town, SeaWorld, Zoo, Harbor, San Diego Airport, and so much more! Don't miss out on this rare Gem! Sellers will entertain offers between 599k-639K

Last Agent to Sell the Property

Jecka St John

Coldwell Banker Realty License #01827386 Listed on: 07/07/2022

Coldwell Banker Realty

Co-Listed By

Marcia Ballew

Coldwell Banker Realty License #01968231

Last Buyer's Agent

Jorge Castellon

Compass License #01513716

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,823

Year Built

  • Built in 1959

Lot Details

  • 8,577

HOA Fees

  • $300 Monthly HOA Fees

Interior Spaces

  • 835 Sq Ft Home
  • City Lights Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • 1 Carport Space

Additional Features

  • 1 Common Wall
  • No Heating

Listing and Financial Details

  • Tax Tract Number 384
  • Assessor Parcel Number 4517360103
  • $30 per year additional tax assessments

Community Details

Overview

  • 8 Units
  • The Marelwood Homeowners Association, Phone Number (619) 255-9901
  • The Marelwood

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,823

Year Built

Built in 1959

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Assessments: Yes
  • Park Name: The Marelwood
  • Property Attached: Yes
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4517360103
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 835.00 Square Feet
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 744.91
  • Room Type: Kitchen

Exterior Features

  • View: City Lights
  • Fence: No
  • Pool Features: Community
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: The Marelwood Homeowners Association
  • Phone: 619-255-9901
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: San Diego Unified

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8576.00
  • Lot Size Acres: 0.1969

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8576.0000 Square Feet
  • Number Of Units In Community: 8

Tax Info

  • Tax Tract Number: 000384
  • TaxOtherAnnualAssessmentAmount: 30.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2023
Sold by
Derby John Z and Derby Kathleen A
Bought by
Derby 2023 Family Trust and Derby
Current Estimated Value
$727,976

Purchase Details

Listed on
Jul 7, 2022
Closed on
Jul 19, 2022
Sold by
Ruth Lorraine Lee 1990 Trust
Bought by
Derby John Z and Derby Kathleen
Seller's Agent
Jecka St John
Coldwell Banker Realty
Buyer's Agent
Jorge Castellon
Compass
List Price
$639,000
Sold Price
$622,000
Premium/Discount to List
-$17,000
-2.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$528,700
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2004
Sold by
Lee Ruth Lorraine
Bought by
Lee Ruth Lorraine

Purchase Details

Closed on
Mar 19, 2003
Sold by
Lee Ruth Lorraine
Bought by
Lee Ruth Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.82%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Derby 2023 Family Trust -- None Listed On Document
Derby John Z $622,000 Fidelity National Title
Lee Ruth Lorraine -- --
Lee Ruth Lorraine -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Derby John Z $528,700
Previous Owner Lee Ruth Lorraine $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2022 08/09/22 Sold $622,000 -2.7% $745 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $639,000 -- $765 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,823 $647,128 $364,140 $282,988
2024 $7,823 $634,440 $357,000 $277,440
2023 $7,651 $128,007 $68,270 $59,737
2022 $1,502 $128,007 $68,270 $59,737
2021 $1,490 $125,498 $66,932 $58,566
2020 $1,472 $124,212 $66,246 $57,966
2019 $1,444 $121,778 $64,948 $56,830
2018 $1,350 $119,391 $63,675 $55,716
2017 $1,317 $117,051 $62,427 $54,624
2016 $1,293 $114,756 $61,203 $53,553
2015 $1,273 $113,033 $60,284 $52,749
2014 $1,253 $110,820 $59,104 $51,716
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2204532

California Regional Multiple Listing Service (CRMLS)

APN: 451-736-01-03