$280,000
SOLD SEP 16, 2016
3 Beds
2.5 Baths
1,441 Sq Ft
$235/mo HOA Fee

Recently Sold

$194 Per Sq Ft

4 Days on Market

Highlights

  • Eat-In Kitchen
  • Forced Air Heating System
  • Partially Fenced Property
  • Laundry Room

About This Home

As of September 2019

Centrally located condo in South San Diego, near elementary school and high school. Spacious 3 bedroom condo with its own private patio and 2 car garage! Come see this well maintained condo for yourself. Neighborhoods: Palm Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL

Last Agent to Sell the Property

Elizabeth Garcia

Coldwell Banker West License #01737986 Listed on: 07/21/2016

Coldwell Banker West

Last Buyer's Agent

Sergio Pena

Coldwell Banker West License #01765089

Coldwell Banker West

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,894

Year Built

  • Built in 1981

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Stucco

Interior Spaces

  • 1,441 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Electric Dryer Hookup

Additional Features

  • Partially Fenced Property
  • Forced Air Heating System

Community Details

  • 48 Units
  • Palm Terrace Association, Phone Number (619) 427-5011
  • Palm Terrace

Listing and Financial Details

  • Assessor Parcel Number 6303105622

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,894

Year Built

Built in 1981

Lot Details

0

HOA Fees

$235 per month

Parking

2

Listing Details

  • Park Name: Palm Terrace
  • Property Attached: Yes
  • Subdivision Name Other: Palm
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6303105622
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1441.00
  • Stories: 2
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 194.31

Exterior Features

  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave
  • Heating Type: Forced Air
  • Laundry Features: Electric Dryer Hookup, In Garage

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 235.00
  • Association Fee Frequency: Monthly
  • Association Name: Palm Terrace
  • Phone: 619-427-5011

Multi Family

  • Number Of Units In Community: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2019
Closed on
Aug 8, 2019
Sold by
Flores Jose Salvador and Flores Patricia
Bought by
Cardoso Alberto
Seller's Agent
Sergio Pena
Coldwell Banker West
Buyer's Agent
Nora Rocha
Coldwell Banker West
List Price
$385,000
Sold Price
$390,000
Premium/Discount to List
$5,000
1.3%
Total Days on Market
4
Current Estimated Value
$594,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,320
Avg. Annual Appreciation
7.52%
Original Mortgage
$398,385
Outstanding Balance
$354,152
Interest Rate
3.7%
Mortgage Type
VA
Estimated Equity
$235,889

Purchase Details

Listed on
Jul 21, 2016
Closed on
Jul 26, 2016
Sold by
Velosa Josefa
Bought by
Flores Jose Salvador and Flores Patricia
Seller's Agent
Elizabeth Garcia
Coldwell Banker West
Buyer's Agent
Sergio Pena
Coldwell Banker West
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%
Original Mortgage
$47,600
Interest Rate
3.43%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 22, 2016
Sold by
Velosa Josefa
Bought by
Velosa Josefa

Purchase Details

Closed on
Nov 29, 2007
Sold by
Velosa Luis A and Velosa Josefa
Bought by
Velosa Luis A and Velosa Josefa

Purchase Details

Closed on
Apr 30, 2001
Sold by
Lozano Salvador and Lozano Monica
Bought by
Velosa Luis A and Velosa Josefa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,450
Interest Rate
7.14%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 21, 1995
Sold by
Lozano Salvador and Lozano Monica
Bought by
Lozano Salvador and Lozano Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,892
Interest Rate
8.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 1995
Sold by
Lozano Salvador and Lozano Monica
Bought by
Lozano Salvador and Lozano Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,892
Interest Rate
8.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 1994
Sold by
Rodecker Stephen B and Gonzales Jelen P
Bought by
Gonzales Jelen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,550
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 1994
Sold by
Gonzales Jelen P and Gonzales Juanito M
Bought by
Lazano Salvador and Lazano Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,550
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1990

Purchase Details

Closed on
Feb 28, 1983
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $390,000 Ticor Title San Diego Branch
Grant Deed $280,000 Ticor Title San Diego
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- None Available
Grant Deed $185,000 California Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Orange Coast Title Company
Grant Deed $121,000 Orange Coast Title Company
Deed $119,000 --
Deed $77,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $398,385 VA
Previous Owner $47,600 Negative Amortization
Previous Owner $224,000 New Conventional
Previous Owner $184,500 Unknown
Previous Owner $179,450 FHA
Previous Owner $179,450 FHA
Previous Owner $15,000 Stand Alone Second
Previous Owner $10,892 Purchase Money Mortgage
Previous Owner $117,550 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Sold $390,000 +1.3% $271 / Sq Ft
08/04/2019 08/04/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $385,000 +37.5% $267 / Sq Ft
09/16/2016 09/16/16 Sold $280,000 0.0% $194 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $280,000 -- $194 / 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
2024 $4,894 $418,155 $192,995 $225,160
2023 $4,858 $409,957 $189,211 $220,746
2022 $4,766 $401,919 $185,501 $216,418
2021 $4,618 $394,039 $181,864 $212,175
2020 $4,510 $390,000 $180,000 $210,000
2019 $3,359 $291,312 $145,656 $145,656
2018 $3,383 $285,600 $142,800 $142,800
2017 $3,313 $280,000 $140,000 $140,000
2016 $2,749 $235,481 $76,372 $159,109
2015 $2,745 $231,945 $75,225 $156,720
2014 $2,672 $225,000 $73,000 $152,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160040129

California Regional Multiple Listing Service (CRMLS)

APN: 630-310-56-22