3940 7th Ave Unit 112 San Diego, CA 92103
Hillcrest NeighborhoodEstimated Value: $1,158,000 - $1,218,000
2
Beds
2.5
Baths
1,813
Sq Ft
$480/mo
HOA Fee
Highlights
- Gated Parking
- 1.77 Acre Lot
- Wood Flooring
- Gated Community
- Retreat
- Loft
About This Home
As of August 2023Two Floors of Open Living Space. This contemporary loft-style condo offers a perfect blend of sophistication and convenience. Nestled in the heart of Hillcrest, this two-bedroom loft boasts an open-concept design showcasing soaring ceilings, exposed brick and concrete, and large windows that flood the space with natural light. The loft has thoughtful upgrades including electric window shades upstairs and downstairs and motorized retractable patio awnings upstairs. Upon entering the home on the main level you’ll find a spacious living room, a stylish dining area, a half bathroom, a small balcony, and the kitchen - perfect for entertaining guests. The spiral staircase adds character and leads downstairs to your private retreat. The loft style condo presents a unique and flexible layout where the two downstairs bedrooms currently don’t have walls, allowing an open and spacious feel with the freedom to customize the floorplan according to your preferences and needs. Downstairs also has two full bathrooms, a laundry room, extra square footage for an office/library, and two sets of French doors to the back patio. The ground floor patio has direct access to the HOA greenbelts. The Cable Building’s history as a former telephone switching station owned by Pacific Bell adds to its allure, evoking a sense of nostalgia and a connection to the past. Living in this converted, luxury space provides a truly unique experience, as you become a part of the building’s history while enjoying the comforts and conveniences of modern living. Welcome to your urban oasis!
Last Agent to Sell the Property
Copernicus International Realty. License #01767141 Listed on: 07/20/2023
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #02105930
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $14,339
Year Built
- Built in 1997
Lot Details
- Gated Home
- Property is Fully Fenced
- Private Yard
HOA Fees
- $480 Monthly HOA Fees
Parking
- 1 Car Garage
- Garage Door Opener
- Gated Parking
- Uncovered Parking
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,813 Sq Ft Home
- 3-Story Property
- Loft
Kitchen
- Oven or Range
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Retreat
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Balcony
- Slab Porch or Patio
Utilities
- Separate Water Meter
Listing and Financial Details
- Assessor Parcel Number 444-682-10-12
Community Details
Overview
- Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gated community, limited insurance, water
- 37 Units
- Cable Building Lofts HOA, Phone Number (619) 589-6222
- Cable Building Community
Pet Policy
- Breed Restrictions
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2023
Closed on
Aug 10, 2023
Sold by
Cozad Sara
Bought by
Siegel Jordan A
Seller's Agent
Claudia Gramm
Copernicus International Realty.
Buyer's Agent
Deidre Maw
Berkshire Hathaway HomeServices California Properties
List Price
$1,150,000
Sold Price
$1,165,000
Premium/Discount to List
$15,000
1.3%
Total Days on Market
7
Views
48
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,841
Avg. Annual Appreciation
1.45%
Original Mortgage
$535,000
Outstanding Balance
$525,387
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$670,454
Purchase Details
Listed on
Jul 20, 2023
Closed on
Aug 3, 2023
Sold by
Siegel Jordan A and Siegel Nancy Mchenry
Bought by
Mahon Terrence Michael and Rhines Jennifer Lynn
Seller's Agent
Claudia Gramm
Copernicus International Realty.
Buyer's Agent
Deidre Maw
Berkshire Hathaway HomeServices California Properties
List Price
$1,150,000
Sold Price
$1,165,000
Premium/Discount to List
$15,000
1.3%
Views
48
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Outstanding Balance
$525,387
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$670,454
Purchase Details
Closed on
Mar 2, 2020
Sold by
Siegel Jordan A and Siegel Nancy Mchenry
Bought by
Siegel Jordan A and Siegel Nancy Mchenry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 18, 2018
Sold by
Siegel Jordan A
Bought by
Siegel Jordan A and Siegel Nancy Mchenry
Purchase Details
Listed on
May 16, 2018
Closed on
Jun 18, 2018
Sold by
Ulma George Anthony and Mckinstry Ann Elizabeth
Bought by
Siegel Jordan Andrew
Seller's Agent
Francine Howard
California Outdoor Properties
Buyer's Agent
Justin Gramm
Globella Buyers Realty
List Price
$868,000
Sold Price
$865,000
Premium/Discount to List
-$3,000
-0.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$692,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 19, 2017
Closed on
Jul 17, 2017
Sold by
3940 7Th Avenue Llc
Bought by
Ulma George Anthony and Mckinstry Ann Elizabeth
Seller's Agent
Brian Yaw
Scott & Quinn Real Estate
Buyer's Agent
Francine Howard
California Outdoor Properties
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.28%
Original Mortgage
$640,000
Interest Rate
3.96%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 19, 2013
Sold by
Cline John Douglas and Grassia Joseph A
Bought by
3940 7Th Avenue Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,661
Interest Rate
2.72%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 16, 2012
Sold by
Cline John Douglas
Bought by
3940 7Th Avenue Llc
Purchase Details
Closed on
Apr 17, 2009
Sold by
Grassia Joseph A and Cline John D
Bought by
Cline John Douglas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,865
Interest Rate
5.17%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Sep 8, 2003
Sold by
Cline John D and Grassia Joseph A
Bought by
Cline John Douglas and Grassia Joseph A
Purchase Details
Closed on
Aug 22, 2001
Sold by
Cline John D
Bought by
Grassia Joseph A and Cline John D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,667
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 22, 1999
Sold by
Hilburn Harriet B and Grassia Joseph S
Bought by
Cline John D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.12%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 11, 1998
Sold by
Hilltop Associates Llc
Bought by
Schulze Claasen Susan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 10, 1997
Sold by
Hilltop Associates Llc
Bought by
Cline John D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,150
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
Similar Homes in San Diego, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Siegel Jordan A | -- | Fidelity National Title | |
| Mahon Terrence Michael | $1,165,000 | Fidelity National Title | |
| Siegel Jordan A | -- | Pacific Coast Title Company | |
| Siegel Jordan A | $500,000 | None Available | |
| Siegel Jordan Andrew | $865,000 | First American Title Company | |
| Ulma George Anthony | $800,000 | Fidelity Natl Title Co Sd | |
| 3940 7Th Avenue Llc | -- | Accommodation | |
| Cline John Douglas | -- | Security Title Agency | |
| 3940 7Th Avenue Llc | -- | None Available | |
| Cline John Douglas | -- | Stewart Title & Trust Of Pho | |
| Grassia Joseph A | -- | Stewart Title & Trust Of Pho | |
| Cline John Douglas | -- | -- | |
| Grassia Joseph A | -- | Benefit Land Title Company | |
| Cline John D | -- | Chicago Title Co | |
| Schulze Claasen Susan | $325,000 | Chicago Title Co | |
| Cline John D | $298,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mahon Terrence Michael | $535,000 | |
| Previous Owner | Siegel Jordan A | $682,000 | |
| Previous Owner | Siegel Jordan Andrew | $692,000 | |
| Previous Owner | Ulma George Anthony | $640,000 | |
| Previous Owner | Cline John Douglas | $177,661 | |
| Previous Owner | Grassia Joseph A | $186,865 | |
| Previous Owner | Grassia Joseph A | $267,000 | |
| Previous Owner | Grassia Joseph A | $266,667 | |
| Previous Owner | Cline John D | $240,000 | |
| Previous Owner | Schulze Claasen Susan | $260,000 | |
| Previous Owner | Cline John D | $282,150 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2023 08/21/23 | Sold | $1,165,000 | +1.3% | $643 / Sq Ft |
| 07/28/2023 07/28/23 | Pending | -- | -- | -- |
| 07/20/2023 07/20/23 | For Sale | $1,150,000 | +32.9% | $634 / Sq Ft |
| 07/09/2018 07/09/18 | Sold | $865,000 | -0.3% | $477 / Sq Ft |
| 05/29/2018 05/29/18 | Pending | -- | -- | -- |
| 05/16/2018 05/16/18 | For Sale | $868,000 | +8.5% | $479 / Sq Ft |
| 08/21/2017 08/21/17 | Sold | $800,000 | +0.1% | $441 / Sq Ft |
| 07/18/2017 07/18/17 | Pending | -- | -- | -- |
| 06/19/2017 06/19/17 | For Sale | $799,000 | -- | $441 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
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 | $14,339 | $1,165,000 | $750,000 | $415,000 |
| 2023 | $11,307 | $927,452 | $696,930 | $230,522 |
| 2022 | $11,005 | $909,267 | $683,265 | $226,002 |
| 2021 | $10,928 | $891,439 | $669,868 | $221,571 |
| 2020 | $10,795 | $882,300 | $663,000 | $219,300 |
| 2019 | $10,601 | $865,000 | $650,000 | $215,000 |
| 2018 | $9,345 | $800,000 | $500,000 | $300,000 |
| 2017 | $80 | $405,228 | $189,108 | $216,120 |
| 2016 | $4,693 | $397,283 | $185,400 | $211,883 |
| 2015 | $4,624 | $391,317 | $182,616 | $208,701 |
| 2014 | $4,552 | $383,652 | $179,039 | $204,613 |
Source: Public Records
Agents Affiliated with this Home
-
Claudia Gramm
Seller's Agent in 2023
Claudia Gramm
Copernicus International Realty.
(619) 795-7709
1 in this area
31 Total Sales
-
Deidre Maw
Buyer's Agent in 2023
Deidre Maw
Berkshire Hathaway HomeServices California Properties
(760) 914-2340
1 in this area
33 Total Sales
-
Francine Howard
Seller's Agent in 2018
Francine Howard
California Outdoor Properties
(619) 302-0234
16 Total Sales
-
Brian Stewart
Seller Co-Listing Agent in 2018
Brian Stewart
RE/MAX
(619) 522-8771
41 Total Sales
-
Justin Gramm
Buyer's Agent in 2018
Justin Gramm
Globella Buyers Realty
(858) 437-2662
1 in this area
60 Total Sales
-
Brian Yaw
Seller's Agent in 2017
Brian Yaw
Scott & Quinn Real Estate
(619) 962-4663
10 in this area
75 Total Sales
Map
Source: San Diego MLS
MLS Number: 230013994
APN: 444-682-10-12
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