$641,000
SOLD SEP 27, 2024
1 Bed
1 Bath
727 Sq Ft
$298/mo HOA Fee

Recently Sold

$882 Per Sq Ft

3% Above List Price

6 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Laundry Facilities
  • Level Lot
  • 1 Car Garage
  • Property is Fully Fenced

About This Home

As of September 2024

Location. Walkability. Convenience. Welcome to Balboa Park Terrace in the heart of Bankers Hill. This spacious corner turnkey unit is on the ground floor, has no shared walls and is conveniently located near the front door entrance. The open-concept living area boasts a modern design with tasteful furnishings and décor. Large windows flood the space with natural light, creating a warm and welcoming atmosphere. Enjoy not one but two private outdoor patios. Equipped with central AC/heat, assigned underground parking and an additional storage unit. This condo offers the perfect blend of urban convenience and serene retreat just steps away from Balboa Park.

Last Agent to Sell the Property

Andrew Falkiewicz

LPT Realty,Inc License #02056036 Listed on: 08/30/2024

LPT Realty,Inc

Last Buyer's Agent

Megan Beauvais

Compass License #01426805

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,813

Year Built

  • Built in 1973

HOA Fees

  • $298 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Common Roof

Interior Spaces

  • 727 Sq Ft Home
  • 4-Story Property

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Enclosed Patio or Porch
  • Property is Fully Fenced
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 452-555-39-01

Community Details

Overview

  • Association fees include common area maintenance, hot water, limited insurance, roof maintenance, sewer, trash pickup, water
  • 20 Units
  • Balboa Ridge Terrace Association, Phone Number (619) 697-3191
  • Balboa Ridge Terrace Community

Amenities

  • Laundry Facilities

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,813

Year Built

Built in 1973

Lot Details

0

HOA Fees

$298 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Metro Uptown
  • Cross Street: Thorn
  • Neighborhood: Bankers Hill
  • LP / Sq Ft: 859.7
  • Price Per Sq Ft: 881.71
  • SP/ Sq Ft: 881.71
  • Stories: 1 Story
  • Stories In Building: 4
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1973
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 1A
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Disposal, Refrigerator, Electric Cooking
  • Searchable Rooms: Bedroom Entry Level
  • Total Bedrooms: 1
  • Bedrooms: 1
  • Master Bedroom Dimensions: 14x12
  • Full Bathrooms: 1
  • Laundry Location: Community
  • Estimated Sq Ft: 727
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Patio: Enclosed, Patio
  • Roof: Common Roof

Garage/Parking

  • Garage Details: Assigned, Underground, Garage
  • Garage Spaces: 1
  • Parking Spaces Total: 1

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Balboa Ridge Terrace
  • Total Fees: 3576.0
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 20
  • Total Number of Units: 20
  • Property Management Company: Marquee Property
  • Property Management Phone: 619-535-0202
  • Community: SAN DIEGO
  • Home Owner Association: Balboa Ridge Terrace
  • Home Owner Association Fee Includes: Common Area Maintenance, Hot Water, Limited Insurance, Roof Maintenance, Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 298.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619-697-3191

Association/Amenities

  • Entry Level Unit: 1

Fee Information

  • Total Monthly Fees: 298

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Topography: Level
  • Assessor Parcel Number: 452-555-39-01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Sep 12, 2024
Sold by
Rathbone Catherine
Bought by
Michael E Sullivan And Elena B Sullivan Famil and Sullivan
Seller's Agent
Andrew Falkiewicz
LPT Realty,Inc
Buyer's Agent
Megan Beauvais
Compass
List Price
$625,000
Sold Price
$641,000
Premium/Discount to List
$16,000
2.56%
Views
13
Current Estimated Value
$625,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,086
Avg. Annual Appreciation
-4.13%
Original Mortgage
$384,600
Outstanding Balance
$381,030
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$235,831

Purchase Details

Closed on
Oct 19, 2021
Sold by
Lopez John W
Bought by
Rathbone Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2016
Closed on
Nov 3, 2016
Sold by
Kennedy Sheila A
Bought by
Lopez John W
Seller's Agent
Ron Klein
Klein Sells San Diego
Buyer's Agent
Michael Tompkins
Lookup Realty Inc dba SDLookup Realty
List Price
$399,000
Sold Price
$339,000
Premium/Discount to List
-$60,000
-15.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$322,050
Interest Rate
3.52%
Mortgage Type
New Conventional
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 $641,000 Socal Title Company
Grant Deed $530,000 Lawyers Title Company
Grant Deed $339,000 Ticor Title San Diego
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $384,600 New Conventional
Previous Owner $490,000 New Conventional
Previous Owner $376,408 VA
Previous Owner $389,206 VA
Previous Owner $322,050 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $641,000 +2.6% $882 / Sq Ft
09/06/2024 09/06/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $625,000 +84.4% $860 / Sq Ft
12/06/2016 12/06/16 Sold $339,000 0.0% $466 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
10/14/2016 10/14/16 Price Changed $339,000 -2.9% $466 / Sq Ft
10/06/2016 10/06/16 Price Changed $349,000 -2.8% $480 / Sq Ft
09/12/2016 09/12/16 Price Changed $359,000 -2.7% $494 / Sq Ft
08/16/2016 08/16/16 Price Changed $369,000 -2.6% $508 / Sq Ft
08/02/2016 08/02/16 Price Changed $379,000 -5.0% $521 / Sq Ft
07/18/2016 07/18/16 For Sale $399,000 -- $549 / 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 $6,813 $641,000 $165,481 $475,519
2024 $6,813 $551,410 $142,352 $409,058
2023 $6,662 $540,599 $139,561 $401,038
2022 $6,486 $530,000 $136,825 $393,175
2021 $4,431 $363,473 $93,834 $269,639
2020 $4,376 $359,747 $92,872 $266,875
2019 $4,297 $352,694 $91,051 $261,643
2018 $4,017 $345,779 $89,266 $256,513
2017 $3,920 $339,000 $87,516 $251,484
2016 $789 $64,162 $16,564 $47,598
2015 $777 $63,200 $16,316 $46,884
2014 $766 $61,963 $15,997 $45,966
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240020331

San Diego MLS

APN: 452-555-39-01