NOT LISTED FOR SALE

2604 5th Ave Unit 203 San Diego, CA 92103

Bankers Hill Neighborhood

Estimated Value: $1,683,755 - $1,868,000

2 Beds
2 Baths
1,487 Sq Ft
$1,344/mo HOA Fee

Last Sold October 07, 2022

Last sale price $1,705,000 $1,147 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $12,423/month

58 Days on Market

Highlights

  • Fitness Center
  • City Lights View
  • Wood Flooring
  • Gated Community
  • Clubhouse
  • End Unit

About This Home

As of October 2022

Welcome to 41West where luxury meets classic Southern California living. This super private, pristine, re-sale residence is located on the 2nd floor, southeast corner, featuring Balboa Park views, 10-foot ceilings and a wall of Nana doors that open onto a 274 square-foot terrace! This highly desirable floorplan boasts an open concept living space with split bedrooms and gallery entry. The primary bedroom suite features a spa-like bath with separate tub and shower and walk-in custom closet. Enjoy Italian Armony Cucine cabinetry, Miele appliances and refined finishes. Come see what the buzz is all about! Enjoy the prized Bankers Hill lifestyle; 41West enjoys a feeling of intimacy with only 41 residences and 9 stories, yet offers a lavish ‘vibe’, with a stunning & welcoming 2-story lobby. Step outside and find Balboa Park at your doorstep and enjoy the cultural hub and the active lifestyle the park offers. The wonderful eateries, coffee houses and self-care boutiques line the neighborhood streets. This historic neighborhood is adjacent to Downtown to the south, the villages of Hillcrest and Mission Hills, is near the airport and has easy access to freeways. Lush canyons and unique footbridges beckon to walking aficionados. Bonuses include engineered wood floors, automatic shades with black-outs in the bedrooms, a wine chiller, gas cook-top and full-size laundry closet. The entire wall in the living room and dining room features a sliding Nana door, yet you still have wonderful wall space for the art lover. Did we happen to mention dual parking spaces (tandem) with EV charging available and the oversize storage unit located right next to the parking?? Super sweet!

Last Agent to Sell the Property

Gina Barnes

Compass License #01075249 Listed on: 07/09/2022

Compass

Co-Listed By

Kenneth Pecus

eXp Realty of California, Inc License #01056969

Last Buyer's Agent

Tyler Jones

eXp Realty of Southern California, Inc. License #02025646

eXp Realty of Southern California, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,303

Year Built

  • Built in 2019

Lot Details

  • End Unit
  • Partially Fenced Property

HOA Fees

  • $1,344 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tandem Garage

Property Views

  • City Lights
  • Park or Greenbelt

Home Design

  • Entry on the 1st floor
  • Common Roof

Interior Spaces

  • 1,487 Sq Ft Home
  • Wired For Data
  • Entryway
  • Wood Flooring

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Full Size Washer or Dryer
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Terrace

Utilities

  • Separate Water Meter
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 452-715-06-03

Community Details

Overview

  • Association fees include cable/tv services, common area maintenance, exterior bldg maintenance, gated community, limited insurance, roof maintenance, trash pickup, security
  • 41 Units
  • 41West Association, Phone Number (619) 310-5874
  • 41West Community
  • 9-Story Property

Amenities

  • Clubhouse

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,303

Year Built

Built in 2019

Lot Details

0

HOA Fees

$1,344 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Attached Style: High Rise (5+ Stories)
  • Residential Styles: All Other Attached
  • Market Area: Metro Uptown
  • Cross Street: Maple Street
  • Neighborhood: Bankers Hill
  • Supplement: Enjoy the prized Bankers Hill lifestyle; 41West enjoys a feeling of intimacy with only 41 residences and 9 stories, yet offers a lavish ‘vibe’, with a stunning & welcoming 2-story lobby. Step outside and find Balboa Park at your doorstep and enjoy the cultural hub and the active lifestyle the park offers. The wonderful eateries, coffee houses and self-care boutiques line the neighborhood streets. This historic neighborhood is adjacent to Downtown to the south, the villages of Hillcrest and Mission Hills, is near the airport and has easy access to freeways. Lush canyons and unique footbridges beckon to walking aficionados. Bonuses include engineered wood floors, automatic shades with black-outs in the bedrooms, a wine chiller, gas cook-top and full-size laundry closet. The entire wall in the living room and dining room features a sliding Nana door, yet you still have wonderful wall space for the art lover. Did we happen to mention dual parking spaces (tandem) with EV charging available and the oversize storage unit located right next to the parking?? Super sweet!
  • Estimated Living Space: 1,000 to 1,499 SqFt
  • LP / Sq Ft: 1200.4
  • Price Per Sq Ft: 1146.6
  • Residential Unit Location: End Unit
  • SP/ Sq Ft: 1146.6
  • Stories: 1 Story
  • Stories In Building: 9
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 2019
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Wood
  • Sub Flooring: Wood other Story
  • Equipment Available: Dishwasher, Disposal, Dryer, Fire Sprinklers, Microwave, Range/Oven, Refrigerator, Washer, Ice Maker, Gas Cooking
  • Elevator: Yes
  • Walls: Drywall
  • Searchable Rooms: Bedroom Entry Level, MBR Entry Level, Entry
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 14x13
  • Full Bathrooms: 2
  • Laundry Location: Closet Full Sized
  • Estimated Sq Ft: 1487
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Concrete
  • Fencing: Partial
  • Patio: Terrace
  • Roof: Common Roof
  • View: City, Evening Lights, Parklike, City Lights

Garage/Parking

  • Garage Details: Tandem
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Security: Gated Community
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Water Heater Central
  • Heating: Forced Air Unit
  • Telecommunications: Wired High Speed Internet

Condo/Co-op/Association

  • Complex Name: 41West
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 41
  • Total Number of Units: 41
  • Property Management Company: Prescott Management
  • Community: SAN DIEGO
  • Complex Features: Clubhouse/Rec Room, Exercise Room, Gated Community, Pet Restrictions
  • Home Owner Association: 41West
  • Home Owner Association Fee Includes: Cable/TV Services, Common Area Maintenance, Exterior Bldg Maintenance, Gated Community, Limited Insurance, Roof Maintenance, Trash Pickup, Security
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 1344.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619-310-5874

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 2

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R1
  • Assessor Parcel Number: 452-715-06-03
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Map Code Column: A
  • Map Code Page: 1289
  • Map Code Row: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2024
Sold by
Caruso Salvatore
Bought by
Salvatore Caruso Jr Living Trust and Caruso
Current Estimated Value
$1,768,689

Purchase Details

Listed on
Jul 9, 2022
Closed on
Sep 9, 2022
Sold by
Jonathan A Kabakoff A and Jonathan Lindsay B
Bought by
Caruso Salvatore
Seller's Agent
Gina Barnes
Compass
Buyer's Agent
Tyler Jones
eXp Realty of Southern California, Inc.
List Price
$1,785,000
Sold Price
$1,705,000
Premium/Discount to List
-$80,000
-4.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.21%
Original Mortgage
$900,000
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2019
Sold by
Ajt Mandarin Investments Llc
Bought by
Kabakoff Jonathan A and Kabakoff Lindsay B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$863,200
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Salvatore Caruso Jr Living Trust -- None Listed On Document
Caruso Salvatore $1,705,000 First American Title
Kabakoff Jonathan A $1,079,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caruso Salvatore $900,000
Previous Owner Kabakoff Jonathan A $863,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2022 10/07/22 Sold $1,705,000 -4.5% $1,147 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
07/09/2022 07/09/22 For Sale $1,785,000 -- $1,200 / 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 $21,303 $1,773,882 $728,280 $1,045,602
2024 $21,303 $1,739,100 $714,000 $1,025,100
2023 $20,833 $1,705,000 $700,000 $1,005,000
2022 $13,471 $1,111,980 $103,056 $1,008,924
2021 $13,377 $1,090,178 $101,036 $989,142
2020 $13,300 $1,079,000 $100,000 $979,000
Source: Public Records

Agents Affiliated with this Home

  • Gina Barnes

    Seller's Agent in 2022

    Gina Barnes

    Compass

    (619) 347-4415

    28 in this area

    122 Total Sales

    Gina Barnes
    Section Image
  • Kenneth Pecus

    Seller Co-Listing Agent in 2022

    Kenneth Pecus

    eXp Realty of California, Inc

    (619) 977-8419

    25 in this area

    186 Total Sales

    Kenneth Pecus
    Section Image
  • Tyler Jones

    Buyer's Agent in 2022

    Tyler Jones

    eXp Realty of Southern California, Inc.

    (619) 884-9217

    1 in this area

    27 Total Sales

    Tyler Jones
    Section Image
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Map

Source: San Diego MLS

MLS Number: 220017724

San Diego MLS

APN: 452-715-06-03

California San Diego County San Diego 92103 Bankers Hill

2604 5th Ave Unit 203, San Diego, CA

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