NOT LISTED FOR SALE

Estimated Value: $631,000 - $1,189,000

1 Bed
1 Bath
446 Sq Ft
$275/mo HOA Fee

Last Sold September 16, 2021

Last sale price $540,000 $1,211 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,235/month

7 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Main Floor Primary Bedroom
  • Electric Fireplace
  • Pacific Beach Elementary School Rated A-
  • Neighborhood Views
  • 5-minute walk to Santa Clara Point

About This Home

As of September 2021

Welcome home to updated and charming Mission Beach condo just steps to the bay and beach. Perfect short term rental investment opportunity or beach home with a very low HOA. Property boasts modern wood inspired tile flooring throughout, newer baseboards & crown molding, updated bathroom, updated built in bar and plantation shutters. The property is part of a 6 unit condominium building that has no restrictions on rentals. Perfect for Airbnb or VRBO rental. Lowest price point in Mission Beach! First showings this weekend during Saturday Open House 1-4PM. Owner has all records and revenue as Airbnb property. Do not disturb tenants.

Last Agent to Sell the Property

Mike Mora

The Mora Team Real Estate License #01486285 Listed on: 08/11/2021

Last Buyer's Agent

Nancy Wang

Century 21 Realty Alliance License #02048962

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,943

Year Built

  • Built in 1980

Lot Details

  • 2,296

HOA Fees

  • $275 Monthly HOA Fees

Interior Spaces

  • 446 Sq Ft Home
  • Electric Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • All Bedrooms Down
  • 1 Full Bathroom

Additional Features

  • Exterior Lighting
  • Two or More Common Walls

Community Details

  • 6 Units
  • Aps Association, Phone Number (619) 299-6899

Listing and Financial Details

  • Tax Tract Number 15119
  • Assessor Parcel Number 4235850602

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,943

Year Built

Built in 1980

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4235850602
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 446.00
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Electric
  • Levels: One
  • Price Per Square Foot: 1210.76
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Sprinklers: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 275.00
  • Association Fee Frequency: Monthly
  • Association Name: APS
  • Phone: 619-299-6899
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: San Diego Unified

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2294.00
  • Lot Size Acres: 0.0527

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2294.0000 Square Feet
  • Number Of Units In Community: 6

Tax Info

  • Tax Tract Number: 015119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Aug 26, 2021
Sold by
Kranda Alison
Bought by
Kranda Daniel Joseph
Seller's Agent
Mike Mora
The Mora Team Real Estate
Buyer's Agent
Nancy Wang
Century 21 Realty Alliance
List Price
$525,000
Sold Price
$540,000
Premium/Discount to List
$15,000
2.86%
Current Estimated Value
$793,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,211
Avg. Annual Appreciation
10.89%
Original Mortgage
$351,000
Outstanding Balance
$320,315
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$486,876

Purchase Details

Listed on
Aug 11, 2021
Closed on
Aug 25, 2021
Sold by
Kranda Daniel Joseph
Bought by
Reddy Vikram Kethi Reddy and Singh Harkiran Kaur
Seller's Agent
Mike Mora
The Mora Team Real Estate
Buyer's Agent
Nancy Wang
Century 21 Realty Alliance
List Price
$525,000
Sold Price
$540,000
Premium/Discount to List
$15,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Outstanding Balance
$320,315
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$486,876

Purchase Details

Listed on
Oct 11, 2016
Closed on
Oct 19, 2016
Sold by
Meisterlin Scott Carl and Meisterlin Julie Verdugo
Bought by
Kranda Daniel Joseph
Seller's Agent
Mike Mora
The Mora Team Real Estate
Buyer's Agent
Mike Mora
eXp Realty of California, Inc.
List Price
$349,000
Sold Price
$360,000
Premium/Discount to List
$11,000
3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$288,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2015
Closed on
Jun 25, 2015
Sold by
Chan Edward Brian
Bought by
Meisterlin Scott Carl and Meisterlin Julie Verdugo
Seller's Agent
Gary Dennis
Cabrillo Mortgage & Realty Service
Buyer's Agent
Gary Dennis
Cabrillo Mortgage & Realty Service
List Price
$259,000
Sold Price
$250,000
Premium/Discount to List
-$9,000
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.01%

Purchase Details

Closed on
Dec 19, 2007
Sold by
Chan Julie
Bought by
Chan Edward Brian

Purchase Details

Closed on
Dec 14, 2007
Sold by
Newvest Investments Llc
Bought by
Chan Edward Brian

Purchase Details

Closed on
Apr 29, 2005
Sold by
Ring Family Partnership #4 Lp
Bought by
Newvest Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$962,000
Interest Rate
14.25%
Mortgage Type
Balloon
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
Kranda Daniel Joseph -- Chicago Title Company Sd
Reddy Vikram Kethi Reddy $540,000 Chicago Title Company
Kranda Daniel Joseph $360,000 Guardian Title Company
Meisterlin Scott Carl $250,000 Title365 Company
Chan Edward Brian -- Chicago Title Company
Chan Edward Brian $210,000 Chicago Title Company
Newvest Investment Llc $1,300,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reddy Vikram Kethi Reddy $351,000
Previous Owner Kranda Daniel Joseph $288,000
Previous Owner Newvest Investment Llc $962,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $540,000 +2.9% $1,211 / Sq Ft
08/18/2021 08/18/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $525,000 +45.8% $1,177 / Sq Ft
11/17/2016 11/17/16 Sold $360,000 +3.2% $807 / Sq Ft
10/16/2016 10/16/16 Pending -- -- --
10/11/2016 10/11/16 For Sale $349,000 +39.6% $783 / Sq Ft
07/12/2015 07/12/15 Sold $250,000 -3.5% $561 / Sq Ft
06/14/2015 06/14/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $259,000 -- $581 / 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 $6,943 $573,051 $519,991 $53,060
2024 $6,943 $561,816 $509,796 $52,020
2023 $6,789 $550,800 $499,800 $51,000
2022 $6,608 $540,000 $490,000 $50,000
2021 $4,795 $385,991 $348,465 $37,526
2020 $4,737 $382,034 $344,892 $37,142
2019 $4,653 $374,544 $338,130 $36,414
2018 $4,351 $367,200 $331,500 $35,700
2017 $4,254 $360,000 $325,000 $35,000
2016 $2,977 $250,000 $225,000 $25,000
2015 $2,737 $229,507 $185,793 $43,714
2014 -- $225,012 $182,154 $42,858
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2105694

California Regional Multiple Listing Service (CRMLS)

APN: 423-585-06-02