NOT LISTED FOR SALE

Estimated Value: $890,908 - $1,441,000

2 Beds
2 Baths
1,437 Sq Ft
$130/mo HOA Fee

Last Sold September 25, 2012

Last sale price $515,000 $358 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $6,633/month

49 Days on Market

Highlights

  • No Units Above
  • Solar Power System
  • Contemporary Architecture
  • Grant K-8 Rated A-
  • Panoramic View
  • 4-minute walk to West Lewis Street Pocket Park

About This Home

As of September 2012

Contemporary view row home by edingerArchitects. Located in the heart of Mission Hills! Single family design with no common walls. Bonus loft/office area. Attached 2-car garage. Solid wood cabinetry & quartz countertops in kitchen & baths. Solar panels on roof help reduce energy costs by up to 30%. Tankless hot water system. Split bedroom floor plan. Two balconies. Low HOA fees of $130/month. Exclusive use balconies off master bedroom and office provide additional 115 sq.ft. of outdoor living space. [Supplement]: The Paloma Nuevo row homes were built in 2008 by Dove Street 9 Partners and designed by edingerArchitects of Mission Hills. Great use of windows to bring in abundant natural light. It is an exciting mixed-use development with well appointed contemporary-themed single family detached row homes. With thoughtfully structured floor plans, gourmet inspired kitchens, spacious master suites, private garages, abundant windows and excellent location, Paloma Nuevo is a wonderful value in the Mission Hills neighborhood. Each home has a 1.02 DC Photovoltaic solar panel system and tankless high-efficiency hot water heaters. Design and finish highlights: Custom Jen-Weld double glazed, Low E windows; glass panel entry doors; frosted glass roll-up garage doors; contemporary stucco and metal-clad exterior siding. The impressive kitchen & baths include: custom solid wood cabinetry; Ceasarstone quartz countertops; Danze-Parma faucets; Kitchen Aid and Jenn-Air Energy Star appliances; Daltile Glass Reflection backsplash; Kohler fixtures.

Last Agent to Sell the Property

Ken Baer

Willis Allen Real Estate License #01334769 Listed on: 07/08/2012

Willis Allen Real Estate

Last Buyer's Agent

Gregg Neuman

Berkshire Hathaway HomeServices California Properties License #00809392

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,794

Year Built

  • Built in 2008

Lot Details

  • No Units Above
  • No Units Located Below

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,437 Sq Ft Home
  • 3-Story Property
  • Panoramic Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • Solar Power System

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number 4446221202

Community Details

Overview

  • 9 Units
  • Pacific Association, Phone Number (619) 284-3324
  • Paloma Nuevo

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,794

Year Built

Built in 2008

Lot Details

0

HOA Fees

$130 per month

Parking

2

Listing Details

  • Park Name: Paloma Nuevo
  • Security: Fire Sprinkler System
  • Subdivision Name Other: MISSION HILLS
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4446221202
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Living Area: 1437.00 Square Feet
  • Stories: 3
  • Common Walls: No One Above, No One Below
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Price Per Square Foot: 358.39

Exterior Features

  • View: Panoramic
  • Fence: No
  • Pool Private: No
  • Roof: Metal
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Water Softener
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Electric Dryer Hookup, In Closet, Washer Included, Gas Dryer Hookup
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 130.00
  • Association Fee Frequency: Monthly
  • Association Name: Pacific
  • Phone: 619.284.3324
  • Senior Community: No
  • Common Interest: Condominium

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Lot Features: Level

Multi Family

  • Number Of Units In Community: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2015
Sold by
Bhavan Sathy Visakan
Bought by
Blanco Joaquin Antonio
Current Estimated Value
$1,082,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$329,750
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$753,227

Purchase Details

Listed on
Jul 8, 2012
Closed on
Sep 1, 2012
Sold by
Jayaram Krishna and Lee Jayaram Jannet
Bought by
Bhavan Sathy Visakan
Seller's Agent
Ken Baer
Willis Allen Real Estate
Buyer's Agent
Gregg Neuman
Berkshire Hathaway HomeServices California Properties
List Price
$550,000
Sold Price
$515,000
Premium/Discount to List
-$35,000
-6.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$412,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2008
Sold by
Dove Street 9 Llc
Bought by
Jayaram Krishna and Lee Jayaram Jannet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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
Blanco Joaquin Antonio $610,000 California Title Company
Bhavan Sathy Visakan $515,000 Lawyers Title
Jayaram Krishna $520,000 Southland Title Of San Diego
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blanco Joaquin Antonio $49,000
Open Blanco Joaquin Antonio $440,000
Previous Owner Bhavan Sathy Visakan $412,000
Previous Owner Lee Jayaram Jannet $441,370
Previous Owner Jayaram Krishna $442,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2012 09/25/12 Sold $515,000 -6.4% $358 / Sq Ft
08/26/2012 08/26/12 Pending -- -- --
07/08/2012 07/08/12 For Sale $550,000 -- $383 / 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 $8,794 $733,118 $427,059 $306,059
2024 $8,794 $718,744 $418,686 $300,058
2023 $8,599 $704,652 $410,477 $294,175
2022 $8,368 $690,836 $402,429 $288,407
2021 $8,308 $677,291 $394,539 $282,752
2020 $8,206 $670,347 $390,494 $279,853
2019 $8,059 $657,204 $382,838 $274,366
2018 $7,533 $644,319 $375,332 $268,987
2017 $7,353 $631,686 $367,973 $263,713
2016 $7,235 $619,301 $360,758 $258,543
2015 $6,160 $527,674 $307,383 $220,291
2014 $6,061 $517,338 $301,362 $215,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 120034517

California Regional Multiple Listing Service (CRMLS)

APN: 444-622-12-02