Seller's Agent in 2024
Danijela Ripley
Compass
(619) 405-4717
8 in this area
37 Total Sales
207 5th Ave Unit 228 San Diego, CA 92101
Downtown San Diego NeighborhoodEstimated Value: $257,547
Studio
1
Bath
330
Sq Ft
1.21
Acre Lot
Highlights
- Concierge
- 1-minute walk to Gaslamp Quarter
- Subterranean Parking
- Fitness Center
- Heated Pool
- Forced Air Heating and Cooling System
About This Home
As of March 2024Lowest priced unit in the iconic Hard Rock Hotel! Priced to sell. Cash only. 100% Fee simple ownership. Ideal investment for a 1031 exchange. Seller has enjoyed excellent rental income on unit 228 due to it’s rare combination of features: Double Queen room with a bath tub, on the same floor as the conference rooms and ballrooms, easy ADA access, close to elevator, walkable (one floor up from lobby). Seller is in escrow on his dream home with a 1031 exchange and motivated to sell unit 228 quickly! With a unique hands-off rental management program, Hard Rock handles all of the burdens of property management while owners reap the rewards of shared revenue, which equates to a lucrative income stream. Owners are Rock Royalty and may enjoy 28 days per year in their unit, private Rock Royalty lounge, concierge services, valet parking, state-of-the-art fitness center, rejuvenating pool and spa, private cabanas, an elegant outdoor bar and sophisticated lounge areas. As an added perk owners receive a 20% discount at handpicked Hard Rock Hotel restaurants, including 10% off at world renowned Nobu restaurant which is located in the hotel! Hard Rock Hotels Ranked #1 in Guest Satisfaction 2023 J.D. Power Study! The iconic brand is on a roll, topping the charts for the fourth time in five years. Hard Rock Hotels are accentuated with music and entertainment touches spanning all genres and generations – from iconic memorabilia lining the walls to limitless live performances, curated content, and nightlife offerings.
Property Details
Home Type
- Condominium
Year Built
- Built in 2008
Lot Details
- 1.21
HOA Fees
- $772 Monthly HOA Fees
Parking
- Subterranean Parking
Home Design
- 330 Sq Ft Home
- Entry on the 2nd floor
Home Security
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- 1 Full Bathroom
- Heated Pool
Listing and Financial Details
- Assessor Parcel Number 535-344-15-05
Community Details
Overview
- Association fees include cable/tv services, electricity, gas, trash pickup, water
- 420 Units
- 5Th & K HOA, Phone Number (619) 764-6921
- Hard Rock Community
- 12-Story Property
Recreation
- Fitness Center
- Community Pool
- Community Spa
Additional Features
- Concierge
- Fire Sprinkler System
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 27, 2024
Closed on
Mar 25, 2024
Sold by
Bought by
Seller's Agent
Danijela Ripley
Compass
Buyer's Agent
Michelle Manley
ML Properties
List Price
$269,000
Sold Price
$275,000
Premium/Discount to List
$6,000
2.23%
Views
65
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,453
Avg. Annual Appreciation
-2.77%
Purchase Details
Listed on
Dec 22, 2021
Closed on
Dec 27, 2021
Sold by
Bought by
Seller's Agent
JoJo Giordano
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Danijela Ripley
Compass
List Price
$250,000
Sold Price
$250,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%
Purchase Details
Closed on
Jul 15, 2009
Sold by
Bought by
Purchase Details
Closed on
Sep 27, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.29%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $275,000 | Ticor Title | ||
| $250,000 | Chicago Title | ||
| -- | Old Republic National Commer | ||
| $350,000 | Fidelity National Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $280,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/28/2024 03/28/24 | Sold | $275,000 | -1.4% | $833 / Sq Ft | |
| 02/12/2024 02/12/24 | Pending | -- | -- | -- | |
| 02/06/2024 02/06/24 | Price Changed | $279,000 | +4.1% | $845 / Sq Ft | |
| 02/04/2024 02/04/24 | Price Changed | $268,000 | -0.2% | $812 / Sq Ft | |
| 02/03/2024 02/03/24 | Price Changed | $268,500 | -0.2% | $814 / Sq Ft | |
| 01/27/2024 01/27/24 | For Sale | $269,000 | +7.6% | $815 / Sq Ft | |
| 12/30/2021 12/30/21 | Sold | $250,000 | 0.0% | $758 / Sq Ft | View Prior Sale |
| 12/22/2021 12/22/21 | For Sale | $250,000 | -- | $758 / Sq Ft |
Source: San Diego MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $3,769 | $286,110 | $104,040 | $182,070 |
| 2025 | $3,437 | $280,500 | $102,000 | $178,500 |
| 2024 | $3,437 | $260,100 | $130,050 | $130,050 |
| 2023 | $3,356 | $255,000 | $127,500 | $127,500 |
| 2022 | $3,263 | $250,000 | $125,000 | $125,000 |
| 2021 | $3,047 | $230,000 | $79,000 | $151,000 |
| 2020 | $3,527 | $270,000 | $93,000 | $177,000 |
| 2019 | $3,524 | $270,000 | $93,000 | $177,000 |
| 2018 | $3,244 | $260,000 | $90,000 | $170,000 |
| 2017 | $82 | $255,000 | $89,000 | $166,000 |
| 2016 | $3,085 | $248,000 | $87,000 | $161,000 |
| 2015 | $2,809 | $225,000 | $79,000 | $146,000 |
| 2014 | $2,328 | $185,000 | $65,000 | $120,000 |
Source: Public Records
Agents Affiliated with this Home
-
Danijela Ripley
-
Michelle Manley
Buyer's Agent in 2024
Michelle Manley
ML Properties
(949) 272-5146
18 in this area
235 Total Sales
-
JoJo Giordano
Seller's Agent in 2021
JoJo Giordano
Berkshire Hathaway HomeServices California Properties
(619) 995-5252
26 in this area
34 Total Sales
Map
Source: San Diego MLS
MLS Number: 240002078
APN: 535-344-15-05
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