NOT LISTED FOR SALE

Laurel Bay 2400 5th Ave Unit 422 San Diego, CA 92101

Bankers Hill Neighborhood

Estimated Value: $756,000 - $874,000

2 Beds
2 Baths
1,107 Sq Ft
$457/mo HOA Fee

Last Sold February 12, 2021

Last sale price $615,000 $556 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,538/month

21 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Security Guard
  • City View
  • Community Pool
  • Community Barbecue Grill

About This Home

As of February 2021

Move-in ready, 2 bedroom/2 bathroom, top floor residence in the desirable Laurel Bay community, which is in a prime location in the heart of Bankers Hill! This well-maintained unit offers lots of natural light, an open floorplan, a custom paint scheme, and laminate wood floors installed in 2018. The kitchen features wood cabinetry, granite countertops, stainless steel appliances, and opens to the dining area. The living room has a warm fireplace and a private balcony that lets in the cool breezes and offers views of Downtown and Balboa Park. The bedrooms are both generously sized and are on opposite sides of the home. The primary bedroom has vaulted ceilings, dual closets, and a private ensuite with a custom frameless shower enclosure. Additional features include in-unit laundry, secured underground parking, and resort-like community amenities including a swimming pool, spa, and gym. Walking distance from Balboa Park museums, theaters, and the San Diego Zoo, with convenient access to all major freeways. Less than an eight-minute drive to Petco Park, Little Italy, the San Diego International Airport, and all that the Downtown area has to offer. Don’t wait!

Last Agent to Sell the Property

Keith Pesta

Allison James Estates & Homes License #01933445 Listed on: 12/17/2020

Allison James Estates & Homes

Last Buyer's Agent

Brooke Sheely

eXp Realty of California, Inc. License #02106365

eXp Realty of California, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,026

Year Built

  • Built in 2003

Lot Details

  • Sprinklers on Timer

HOA Fees

  • $457 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tandem Garage

Home Design

  • Common Roof
  • Stucco Exterior

Interior Spaces

  • 1,107 Sq Ft Home
  • 4-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Attic Fan

Kitchen

  • Gas Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Listing and Financial Details

  • Assessor Parcel Number 533-105-09-63

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), hot water, roof maintenance, termite, trash pickup, water
  • 150 Units
  • Laurel Bay Association, Phone Number (800) 400-2284
  • Laurel Bay Community

Amenities

  • Community Barbecue Grill

Recreation

Security

  • Security Guard
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,026

Year Built

Built in 2003

Lot Details

0

HOA Fees

$457 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Metro Central
  • Cross Street: Laurel St
  • Neighborhood: Bankers Hill
  • Supplement: The living room has a warm fireplace and a private balcony that lets in the cool breezes and offers views of Downtown and Balboa Park. The bedrooms are both generously sized and are on opposite sides of the home. The primary bedroom has vaulted ceilings, dual closets, and a private ensuite with a custom frameless shower enclosure. Additional features include in-unit laundry, secured underground parking, and resort-like community amenities including a swimming pool, spa, and gym. Walking distance from Balboa Park museums, theaters, and the San Diego Zoo, with convenient access to all major freeways. Less than an eight-minute drive to Petco Park, Little Italy, the San Diego International Airport, and all that the Downtown area has to offer. Don’t wait!
  • Estimated Living Space: 1,000 to 1,499 SqFt
  • LP / Sq Ft: 573.62
  • Price Per Sq Ft: 555.56
  • SP/ Sq Ft: 555.56
  • Stories: 1 Story
  • Stories In Building: 4
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 2003
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 422
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Equipment Available: Dishwasher, Disposal, Dryer, Fire Sprinklers, Microwave, Refrigerator, Washer, Electric Stove, Gas Oven
  • Elevator: Yes
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Searchable Rooms: Dining Area, Kitchen, Living Room, Master Bedroom
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 11x14
  • Full Bathrooms: 2
  • Laundry Location: Area
  • Estimated Sq Ft: 1107
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Pool: Community/Common
  • Roof: Common Roof
  • View: City
  • Three or more Steps To Entry: Yes

Garage/Parking

  • Garage Details: Assigned, Tandem, Underground, Community Garage
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Attic Fan, Central Forced Air
  • Laundry Utilities: Electric
  • Sewer/Septic: Sewer Available, Sewer Connected
  • Water: Available
  • Heating: Fireplace, Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: Laurel Bay
  • Total Fees: 5484.0
  • Units In Building: 150
  • Total Number of Units: 150
  • Property Management Company: Action Property Mgmt
  • Property Management Phone: 800-400-2284
  • Complex Features: BBQ, Clubhouse/Rec Room, Exercise Room, On-Site Guard, Pool
  • Home Owner Association: Laurel Bay
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Hot Water, Roof Maintenance, Termite, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 457.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 800-400-2284

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 4

Fee Information

  • Total Monthly Fees: 457

Lot Info

  • Irrigation: Automatic, Sprinklers
  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 533-105-09-63
  • Map Code Column: A
  • Map Code Page: 1289
  • Map Code Row: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2024
Sold by
Anthony Hali3y Mark and Si-Iees Halby Brooke
Bought by
Mark & Brooke Halby Living Trust and Halby
Current Estimated Value
$816,069

Purchase Details

Listed on
Dec 17, 2020
Closed on
Feb 9, 2021
Sold by
Gao David Meng and Gao Traci Akiko
Bought by
Halby Mark Anthony and Halby Brooke Sheely
Seller's Agent
Keith Pesta
Allison James Estates & Homes
Buyer's Agent
Brooke Sheely
eXp Realty of California, Inc.
List Price
$635,000
Sold Price
$615,000
Premium/Discount to List
-$20,000
-3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$490,400
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2017
Sold by
Gao Er Kai
Bought by
Gao David Meng and Gao Traci Akiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 14, 2017
Sold by
Zhang Bien
Bought by
Gao Er Kai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 24, 2015
Sold by
Mitchell Richard and Mitchell Shawn
Bought by
Gao Er Kai

Purchase Details

Closed on
Jul 24, 2007
Sold by
Hammer Laurel Condominiums Llc
Bought by
Mitchell Rick A and Mitchell Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,800
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
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
Mark & Brooke Halby Living Trust -- None Listed On Document
Halby Mark Anthony $613,000 Wfg Title Co Of Ca San Diego
Gao David Meng $495,000 First American Title Company
Gao Er Kai -- First American Title Company
Gao Er Kai $496,000 Equity Title Company
Mitchell Rick A $521,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Halby Mark Anthony $490,400
Previous Owner Gao David Meng $370,000
Previous Owner Mitchell Richard $417,000
Previous Owner Mitchell Rick A $416,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $615,000 -3.1% $556 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
12/17/2020 12/17/20 For Sale $635,000 -- $574 / 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 $8,026 $663,528 $187,283 $476,245
2024 $8,026 $650,518 $183,611 $466,907
2023 $7,849 $637,763 $180,011 $457,752
2022 $7,641 $625,259 $176,482 $448,777
2021 $6,734 $550,716 $155,442 $395,274
2020 $6,652 $545,070 $153,849 $391,221
2019 $6,532 $534,383 $150,833 $383,550
2018 $6,106 $523,906 $147,876 $376,030
2017 $6,041 $513,634 $144,977 $368,657
2016 $5,945 $503,564 $142,135 $361,429
2015 $6,720 $569,404 $137,924 $431,480
2014 $6,614 $558,251 $135,223 $423,028
Source: Public Records

Agents Affiliated with this Home

  • Keith Pesta

    Seller's Agent in 2021

    Keith Pesta

    Allison James Estates & Homes

    (619) 347-5818

    1 in this area

    60 Total Sales

    Keith Pesta
    Section Image

  • B

    Buyer's Agent in 2021

    Brooke Sheely

    eXp Realty of California, Inc.

    Section Image
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About Laurel Bay

Map

Source: San Diego MLS

MLS Number: 200054175

San Diego MLS

APN: 533-105-09-63

California San Diego County San Diego 92101 Bankers Hill

2400 5th Ave Unit 422, San Diego, CA

This home is located at 2400 5th Ave Unit 422, San Diego, CA 92101 since 17 December 2020 and is currently estimated at $816,069, approximately $737 per square foot. This property was built in 2003. 2400 5th Ave Unit 422 is a home located in San Diego County with nearby schools including Washington Elementary School, Roosevelt International Middle School, and Museum School.

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