NOT LISTED FOR SALE

4001 Porte de Palmas Unit 58 San Diego, CA 92122

University City Neighborhood

Estimated Value: $1,008,000 - $1,344,000

2 Beds
2 Baths
1,208 Sq Ft
$967/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $1,180,000 $977 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,778/month

2 Days on Market

Highlights

  • 2.31 Acre Lot
  • Park or Greenbelt View
  • Community Pool
  • Doyle Elementary School Rated A
  • Mediterranean Architecture
  • 2 Car Attached Garage

About This Home

As of September 2023

Newly renovated luxury single-story townhouse! End unit with lush landscaping and plenty of light. Attached 2 car garage with washer & dryer. This turn-key home shows true pride of ownership and has been impeccably maintained. All furniture is included in the sale. The Madrid Community has a Resort style feel and includes a sparkling pool, jacuzzi, beautifully landscaped grounds, plenty of guest parking and LOW HOA Fees. Madrid is conveniently located within a short distance to shops and restaurants, community parks, 5 mins away from UCSD & UTC Mall, and 10 mins away from world-class hospitals, research facilities and La Jolla beaches.

Last Agent to Sell the Property

Jonathan Minerick

HomeCoin.com License #01523060 Listed on: 08/24/2023

Last Buyer's Agent

Laurie Greenfield

Keller Williams Realty License #01709912

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,523

Year Built

  • Built in 1986

Lot Details

  • Open Space

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Turnkey
  • Spanish Tile Roof
  • Stucco Exterior

Interior Spaces

  • 1,208 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Park or Greenbelt Views

Kitchen

  • Electric Oven
  • Electric Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

Utilities

  • Heat Pump System
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 347-390-03-58

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, roof maintenance, sewer, trash pickup, water
  • 4 Units
  • Madrid Condo Association, Phone Number (858) 551-1885
  • Madrid Community Community

Recreation

  • Community Pool
  • Community Spa
  • Recreational Area

Additional Features

  • Picnic Area
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,523

Year Built

Built in 1986

Lot Details

0

HOA Fees

$375 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Architectural Style: Mediterranean/Spanish
  • Residential Styles: Townhome
  • Property Condition: Turnkey
  • Market Area: Metro
  • Cross Street: Palmilla Dr
  • Neighborhood: Madrid
  • Estimated Living Space: 1,000 to 1,499 SqFt
  • LP / Sq Ft: 868.38
  • Price Per Sq Ft: 976.82
  • SP/ Sq Ft: 976.82
  • Stories: 1 Story
  • Stories In Building: 2
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1986
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 58
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Refrigerator, Washer, Electric Oven, Electric Range, Electric Stove, Ice Maker
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 14x13
  • Full Bathrooms: 2
  • Laundry Location: Garage
  • Estimated Sq Ft: 1208
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Frontage: Open Space
  • Pool: Community/Common
  • Roof: Spanish Tile
  • Spa: Community/Common
  • View: Greenbelt

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air, Heat Pump(s)
  • Laundry Utilities: Electric
  • Security: Smoke Detector
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Fireplace
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: Madrid Community
  • Total Fees: 4500.0
  • Units In Building: 4
  • Total Number of Units: 128
  • Community: SAN DIEGO
  • Complex Features: Pool, Recreation Area, Spa/Hot Tub
  • Home Owner Association: Madrid Condo Association
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Roof Maintenance, Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 375.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-551-1885
  • Association Amenities: Picnic Area, Pool

Association/Amenities

  • Entry Level Unit: 1

Fee Information

  • Total Monthly Fees: 375

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 347-390-03-58
  • Estimated Lot Sq Ft: 100743
  • Estimated Number of Acres: 2.31
  • Map Code Column: B
  • Map Code Page: 1228
  • Map Code Row: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Aug 31, 2023
Sold by
Wang Fute and Wang Jinglin
Bought by
Lin Alice
Seller's Agent
Jonathan Minerick
HomeCoin.com
Buyer's Agent
Laurie Greenfield
Keller Williams Realty
List Price
$1,049,000
Sold Price
$1,180,000
Premium/Discount to List
$131,000
12.49%
Views
69
Current Estimated Value
$1,168,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,883
Avg. Annual Appreciation
-0.49%
Original Mortgage
$580,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2022
Sold by
Terki Hassaine Family Trust
Bought by
Wang Fute and Li Jinglin

Purchase Details

Closed on
Dec 2, 2010
Sold by
Terki Hassaine Omar and Terki Hassaine Latifa
Bought by
Terki Hassaine Omar and Terki Hassaine Latifa

Purchase Details

Closed on
Aug 14, 2009
Sold by
Tradas Christine Trompas and Trompas Christine
Bought by
Terki Hassaine Omar and Terki Hassaine Latifa

Purchase Details

Closed on
Dec 30, 1999
Sold by
Trompas Ann
Bought by
Trompas Christine

Purchase Details

Closed on
Jul 20, 1992

Purchase Details

Closed on
Aug 24, 1988

Purchase Details

Closed on
Jul 1, 1985
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
Lin Alice $1,180,000 Lawyers Title Company
Wang Fute $755,000 Wfg National Title
Terki Hassaine Omar -- None Available
Terki Hassaine Omar $527,000 California Title Company
Tradas Christine Trompas -- California Title Company
Trompas Christine -- None Available
-- $215,000 --
-- $149,000 --
-- $141,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Alice $580,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $1,180,000 +12.5% $977 / Sq Ft
08/27/2023 08/27/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $1,049,000 -- $868 / Sq Ft
Source: San Diego MLS

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 $14,523 $1,203,600 $918,000 $285,600
2024 $14,523 $1,180,000 $900,000 $280,000
2023 $9,465 $770,099 $511,452 $258,647
2022 $7,827 $640,997 $425,710 $215,287
2021 $7,774 $628,429 $417,363 $211,066
2020 $7,680 $621,986 $413,084 $208,902
2019 $7,543 $609,791 $404,985 $204,806
2018 $6,843 $580,000 $393,000 $187,000
2017 $5,585 $475,000 $322,000 $153,000
2016 $5,371 $455,000 $309,000 $146,000
2015 $5,314 $450,000 $306,000 $144,000
2014 $5,216 $440,000 $300,000 $140,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230016494

San Diego MLS

APN: 347-390-03-58