3940 7th Ave Unit 118 San Diego, CA 92103
Hillcrest Neighborhood
--
Bed
1
Bath
918
Sq Ft
$397/mo
HOA Fee
Highlights
- Gated Community
- Cul-De-Sac
- Awning
- Private Yard
- Laundry closet
- Gated Home
About This Home
As of November 2022Once a commercial building of Pacific Bell, the Cable Building was transformed into residential lofts in 1997 by Johnathan Segal and James Schmidt. This is a modern living space with the added benefit of a huge outdoor patio combining the very best of indoor and outdoor living that is the essence of San Diego. Authentic brick walls and exposed mechanical ducts remain in this New York styled loft with 9 foot ceilings. Please see supplement below. Once a commercial building of Pacific Bell, the Cable Building was transformed into residential lofts in 1997 by Jonathan Segal and James Schmidt. This is a modern living space with the added benefit of a huge outdoor patio combining the very best of indoor and outdoor living that is the essence of San Diego. Authentic brick walls and exposed mechanical ducts remain in this New York styled loft with 9 foot ceilings, granite counter tops, polished concrete flooring and custom built in cabinets. The all glass entrance with French doors allow light to flow into this great space and window treatments can be added to provide drama and privacy. This unit has 2 outdoor parking spaces located adjacent to the entrance of the unit; no need to enter the front of the building to access your home. There is a great storage room that measures approximately 5’x7’ plus an extra storage locker that also come with this unit. The complex has a lovely outdoor park-like area and a communal garden. This is quintessential modern urban living located steps away from Whole Foods, restaurants and all that is Hillcrest.
Last Agent to Sell the Property
Margie Divine
Pacific Pinnacle R.E. Services License #01318673 Listed on: 09/04/2014
Last Buyer's Agent
Linda Lee
Keller Williams Realty License #01333651
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,548
Year Built
- Built in 1997
Lot Details
- Cul-De-Sac
- Gated Home
- Gentle Sloping Lot
- Private Yard
HOA Fees
- $397 Monthly HOA Fees
Parking
- 2 Parking Spaces
Home Design
- Brick Exterior Construction
Interior Spaces
- 1 Full Bathroom
- 918 Sq Ft Home
- 2-Story Property
- Awning
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Laundry
- Laundry closet
- Stacked Washer and Dryer
Home Security
Schools
- San Diego Unified School District Elementary And Middle School
- San Diego Unified School District High School
Utilities
- Separate Water Meter
Listing and Financial Details
- Assessor Parcel Number 444-682-10-18
Community Details
Overview
- Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gated community, roof maintenance
- 37 Units
- Cable Building Loft HOA, Phone Number (619) 589-6222
- Cable Building Community
Pet Policy
- Breed Restrictions
Security
- Gated Community
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 14, 2022
Closed on
Nov 15, 2022
Sold by
Hickman Louise
Bought by
Redlands Pride Llc
Seller's Agent
Linda Lee
Keller Williams Realty
Buyer's Agent
Baylen Fernandez
Keller Williams San Diego Metro
List Price
$675,000
Sold Price
$600,000
Premium/Discount to List
-$75,000
-11.11%
Total Days on Market
10
Views
31
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
$56,907
Avg. Annual Appreciation
3.65%
Purchase Details
Listed on
Sep 4, 2014
Closed on
Sep 15, 2014
Sold by
Workman Kara
Bought by
Hickman Louise
Seller's Agent
Margie Divine
Pacific Pinnacle R.E. Services
Buyer's Agent
Linda Lee
Keller Williams Realty
List Price
$448,900
Sold Price
$440,000
Premium/Discount to List
-$8,900
-1.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%
Purchase Details
Closed on
May 16, 2006
Sold by
Chin Michael and Dukes Amy
Bought by
Workman Kara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,400
Interest Rate
6.52%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Nov 20, 2000
Sold by
Carpenter Christine C
Bought by
Chin Michael and Dukes Amy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
7.66%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 11, 1997
Sold by
Hilltop Associates Llc
Bought by
Carpenter Christine C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.1%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $600,000 | First American Title | |
| Grant Deed | $440,000 | Corinthian Title | |
| Grant Deed | $478,000 | Equity Title Co San Diego | |
| Grant Deed | $288,000 | Chicago Title Co | |
| Grant Deed | $150,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $382,400 | Fannie Mae Freddie Mac | |
| Previous Owner | $265,000 | Unknown | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $230,400 | Purchase Money Mortgage | |
| Previous Owner | $120,000 | Purchase Money Mortgage | |
| Closed | $28,800 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/16/2023 03/16/23 | Rented | $3,400,000 | +99900.0% | -- |
| 02/01/2023 02/01/23 | Price Changed | $3,400 | -5.6% | $4 / Sq Ft |
| 12/19/2022 12/19/22 | For Rent | $3,600 | 0.0% | -- |
| 11/30/2022 11/30/22 | Sold | $600,000 | -11.1% | $655 / Sq Ft |
| 11/11/2022 11/11/22 | Pending | -- | -- | -- |
| 10/14/2022 10/14/22 | For Sale | $675,000 | +53.4% | $737 / Sq Ft |
| 09/25/2014 09/25/14 | Sold | $440,000 | -2.0% | $479 / Sq Ft |
| 09/13/2014 09/13/14 | Pending | -- | -- | -- |
| 09/03/2014 09/03/14 | For Sale | $448,900 | -- | $489 / 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 | $7,548 | $612,000 | $408,000 | $204,000 |
| 2023 | $7,381 | $600,000 | $400,000 | $200,000 |
| 2022 | $6,092 | $498,305 | $328,430 | $169,875 |
| 2021 | $6,050 | $488,536 | $321,991 | $166,545 |
| 2020 | $5,977 | $483,528 | $318,690 | $164,838 |
| 2019 | $5,871 | $474,048 | $312,442 | $161,606 |
| 2018 | $5,489 | $464,754 | $306,316 | $158,438 |
| 2017 | $80 | $455,642 | $300,310 | $155,332 |
| 2016 | $5,274 | $446,709 | $294,422 | $152,287 |
| 2015 | $5,196 | $440,000 | $290,000 | $150,000 |
| 2014 | $3,742 | $315,000 | $158,000 | $157,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jerry Parent
J
Seller's Agent in 2023
Jerry Parent
LPT Realty,Inc
(619) 517-0804
3 Total Sales
-
Linda Lee
Seller's Agent in 2022
Linda Lee
Keller Williams Realty
(858) 254-5399
3 in this area
144 Total Sales
-
Baylen Fernandez
Buyer's Agent in 2022
Baylen Fernandez
Keller Williams San Diego Metro
(619) 577-7767
2 in this area
17 Total Sales
-
M
Seller's Agent in 2014
Margie Divine
Pacific Pinnacle R.E. Services
Map
Source: San Diego MLS
MLS Number: 140048731
APN: 444-682-10-18
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