NOT LISTED FOR SALE

Estimated Value: $1,398,000 - $1,578,000

2 Beds
2.5 Baths
1,513 Sq Ft
$669/mo HOA Fee

Last Sold January 10, 2024

Last sale price $1,460,000 $965 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $9,715/month

31 Days on Market

Highlights

  • Unit is on the top floor
  • Primary Bedroom Suite
  • Loft
  • Del Mar High School Rated A-
  • Mountain View
  • High Ceiling

About This Home

As of January 2024

Welcome to the Margo Building in Santana Row where luxury and convenience meet.This stunning condo offers breathtaking mountain views from its 2-story high balcony.The open floor plan connects the kitchen, living room and dining room creating a spacious and inviting atmosphere.On the first floor you'll find a lofted space that is perfect for a home office or a cozy reading nook, providing versatility and convenience and the second floor features 2 primary suites.The well-appointed kitchen has a 5 burner gas stovetop, sleek countertops and ample storage space for all your culinary needs.The living room is flooded with natural light, creating a warm and inviting ambiance plus a lofted space on the first floor adds a unique touch allowing a flexible living experience tailored to your preferences.Santana Row offers a vibrant atmosphere with an array of shops, restaurants, and entertainment options just steps away from your front door.Two side/side parking spaces in the underground garage.

Last Agent to Sell the Property

Mary Ann Wallace

Compass License #01252067 Listed on: 11/02/2023

Compass

Co-Listed By

Kristen Wallace

Compass License #02147480

Last Buyer's Agent

Raymond Dare

Dare Real Estate Inc. License #01128753

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,013

Year Built

  • Built in 2002

Lot Details

  • 436

HOA Fees

  • $669 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Garage Door Opener
  • Electric Gate
  • Secured Garage or Parking

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,513 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Den
  • Loft

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Bathroom on Main Level
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Additional Features

  • Balcony
  • Unit is on the top floor
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 277-45-212

Community Details

Overview

  • Association fees include exterior painting, garbage, landscaping / gardening, maintenance - common area, maintenance - exterior, roof
  • Margo Building Association
  • Built by Margo Building

Additional Features

  • Elevator
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,013

Year Built

Built in 2002

Lot Details

0

HOA Fees

$669 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Restrictions
  • Age: 21
  • Listing Class: Residential
  • Maximum Unit Floor Number: 3
  • Structure Sq Ft: 1513
  • Complex Name: Margo Building
  • Year Built: 2002
  • Zoning Description: C3H
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Dining Area in Living Room
  • Kitchen: Cooktop - Gas, Dishwasher, Garbage Disposal, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 1513
  • Stories: 2
  • Security: Controlled / Secured Access, Secured Garage / Parking, Security Building
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Additional Rooms: Den / Study / Office, Loft
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Half on Ground Floor, Primary - Stall Shower(s), Shower over Tub - 1, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar and Gravel
  • View: Mountains, Neighborhood
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Covered Parking, Electric Gate, Gate / Door Opener, Underground Parking

Utilities

  • Cooling System: Ceiling Fan, Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Unknown

Condo/Co-op/Association

  • HOA Fees: 669
  • HOA Amenities: Elevator
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Exterior Painting, Garbage, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Roof
  • H O A Name Text: Margo Building
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling

Schools

  • School District: Campbell Union High
  • Elementary School: Lynhaven Elementary
  • Middle School: Monroe Middle
  • High School: Del Mar High
  • High School: 239
  • Elementary School: 58
  • Middle School: 60

Lot Info

  • Parcel Number: 277-45-212

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3
  • Unit Features: Top Floor or Penthouse, Unit Faces Street

MLS Schools

  • High School District Text: Campbell Union High
  • Elementary School Text: Lynhaven Elementary
  • High School Text: Del Mar High
  • Middle School Text: Monroe Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Dec 27, 2023
Sold by
Hindle Peter
Bought by
Andarmani Michael
Seller's Agent
Mary Ann Wallace
Compass
Buyer's Agent
Raymond Dare
Dare Real Estate Inc.
List Price
$1,450,000
Sold Price
$1,460,000
Premium/Discount to List
$10,000
0.69%
Views
89
Current Estimated Value
$1,484,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,370
Avg. Annual Appreciation
0.02%
Original Mortgage
$1,168,000
Outstanding Balance
$1,156,933
Interest Rate
8.88%
Mortgage Type
New Conventional
Estimated Equity
$303,396

Purchase Details

Listed on
Aug 7, 2014
Closed on
Oct 10, 2014
Sold by
Patel Bhavana and Patel Dharmesh
Bought by
Hindle Peter
Seller's Agent
Jurgen Weller, CRS®
Intero Real Estate Services
Buyer's Agent
Mary Ann Wallace
Intero Real Estate Services
List Price
$959,800
Sold Price
$945,000
Premium/Discount to List
-$14,800
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%

Purchase Details

Closed on
Aug 17, 2005
Sold by
Frit Santana Row Trs Inc
Bought by
Patel Dharmesh and Patel Bhavana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$631,104
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Andarmani Michael $1,460,000 Chicago Title
Hindle Peter $945,000 Wfg National Title Ins Co
Patel Dharmesh $789,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andarmani Michael $1,168,000
Previous Owner Patel Dharmesh $631,104
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2024 01/10/24 Sold $1,460,000 +0.7% $965 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $1,450,000 +53.4% $958 / Sq Ft
10/14/2014 10/14/14 Sold $945,000 0.0% $625 / Sq Ft
09/23/2014 09/23/14 Pending -- -- --
09/05/2014 09/05/14 Off Market $945,000 -- --
09/05/2014 09/05/14 For Sale $959,800 -- $634 / Sq Ft
Source: MLSListings

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 $14,013 $1,113,470 $556,735 $556,735
2023 $13,787 $1,091,638 $545,819 $545,819
2022 $13,699 $1,070,234 $535,117 $535,117
2021 $13,495 $1,049,250 $524,625 $524,625
2020 $13,216 $1,038,492 $519,246 $519,246
2019 $13,097 $1,018,130 $509,065 $509,065
2018 $12,748 $998,168 $499,084 $499,084
2017 $12,599 $978,598 $489,299 $489,299
2016 $11,882 $959,410 $479,705 $479,705
2015 $11,725 $945,000 $472,500 $472,500
2014 $10,802 $879,569 $289,845 $589,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81946896

MLSListings

APN: 277-45-212