NOT LISTED FOR SALE

Estimated Value: $539,459 - $742,000

2 Beds
2 Baths
1,107 Sq Ft
$560/mo HOA Fee

Last Sold January 10, 2024

Last sale price $950,000 $858 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $4,230/month

108 Days on Market

Highlights

  • No Units Above
  • Community Pool
  • Controlled Access
  • Bay View
  • Park
  • Laundry Room

About This Home

As of January 2024

Bankers Hill beauty at the coveted Laurel Bay, just steps from the park! This home is arguably the best in the building because it is the corner unit on the top floor. Never worry about neighbors above. The unit located on the northwest corner which provides incredible views as you gaze down Laurel and admire the bay. The balcony has French doors which allow for the cool ocean breeze to flow through the home. The layout is spacious and feels even larger due to the numerous windows. All appliances, with the exception of the refrigerator, are new. The HVAC was just replaced with a new unit. The location of this home is incredible. With the park to the east and downtown to the south you have any and all desired amenities nearby. The complex features a Heated Pool, Spa, Fitness Center, Business Center, private conference room, common area Wi-Fi, night time onsite security, a Game room and Clubroom perfect for entertaining. The unit has two assigned parking spots in a secured garage. Come and enjoy all Laurel Bay has to offer!

Last Agent to Sell the Property

Reid Chambers

Realty ONE Group Pacific License #01851364 Listed on: 07/27/2023

Realty ONE Group Pacific

Last Buyer's Agent

Jennifer Burroughs

EXP Realty of Southern CA License #01400503

EXP Realty of Southern CA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,360

Year Built

  • Built in 2003

Lot Details

  • No Units Above
  • End Unit

HOA Fees

  • $560 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking
  • Controlled Entrance

Property Views

  • Bay
  • City Lights

Interior Spaces

  • 1,107 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Rain Gutters

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 5331050951
  • $35 per year additional tax assessments

Community Details

Overview

  • 150 Units
  • Laurel Bay HOA, Phone Number (619) 229-0044

Recreation

  • Park

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,360

Year Built

Built in 2003

Lot Details

0

HOA Fees

$560 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5331050951
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1107.00
  • Stories: 1
  • Entry Location: Garage or Street
  • Common Walls: End Unit, No One Above
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Electric
  • Levels: One
  • Price Per Square Foot: 858.18
  • Room Type: Primary Bedroom

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Assigned, Controlled Entrance, On Site
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access, Pool
  • Association Fee: 560.00
  • Association Fee Frequency: Monthly
  • Association Name: Laurel Bay HOA
  • Phone: 619-229-0044
  • Senior Community: No
  • Community Features: Curbs, Gutters, Park

Schools

  • School District: San Diego Unified

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 150

Tax Info

  • Tax Tract Number: PM1969
  • TaxOtherAnnualAssessmentAmount: 34.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2024
Sold by
Espejel Isaac and Espejel-Maldonado Raquel
Bought by
Espejel Isaac and Espejel-Maldonado Raquel
Current Estimated Value
$596,115

Purchase Details

Closed on
May 21, 2024
Sold by
Espejel Isaac and Espejel Raquel
Bought by
Espejel Isaac and Espejel-Maldonado Raquel

Purchase Details

Closed on
Nov 16, 2020
Sold by
Sovern Michael S and Sovern Maureen
Bought by
Espejel Isaac and Espejel Raquel

Purchase Details

Closed on
Mar 11, 2014
Sold by
Braun Paul E and Braun Md Judith S
Bought by
Sovern Michael S and Sovern Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2010
Sold by
Braun Paul E and Braun Judith S
Bought by
Braun Paul E and D Judith S Braun M

Purchase Details

Closed on
May 22, 2007
Sold by
Hammer Laurel Condominiums Llc
Bought by
Braun Paul E and Braun Judith S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,660
Interest Rate
6.12%
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
Espejel Isaac -- None Listed On Document
Espejel Isaac -- None Listed On Document
Espejel Isaac $415,000 Chicago Title Company
Sovern Michael S $355,000 Lawyers Title
Braun Paul E -- None Available
Braun Paul E $367,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sovern Michael S $75,000
Previous Owner Sovern Michael S $155,000
Previous Owner Braun Paul E $285,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2024 01/10/24 Sold $950,000 +0.1% $858 / Sq Ft
11/12/2023 11/12/23 Pending -- -- --
11/09/2023 11/09/23 Price Changed $949,000 -2.1% $857 / Sq Ft
09/29/2023 09/29/23 Price Changed $969,000 -0.6% $875 / Sq Ft
07/27/2023 07/27/23 Price Changed $975,000 +2.6% $881 / Sq Ft
07/27/2023 07/27/23 For Sale $950,000 -- $858 / 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 $5,360 $530,603 $370,528 $160,075
2024 $5,360 $440,401 $286,526 $153,875
2023 $5,239 $431,766 $280,908 $150,858
2022 $5,099 $423,300 $275,400 $147,900
2021 $5,148 $415,000 $270,000 $145,000
2020 $4,928 $397,912 $94,152 $303,760
2019 $4,841 $390,110 $92,306 $297,804
2018 $4,527 $382,462 $90,497 $291,965
2017 $80 $374,964 $88,723 $286,241
2016 $4,349 $367,613 $86,984 $280,629
2015 $4,285 $362,092 $85,678 $276,414
2014 $4,218 $355,000 $84,000 $271,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2305837

California Regional Multiple Listing Service (CRMLS)

APN: 533-105-08-33