NOT LISTED FOR SALE

Estimated Value: $1,115,624 - $1,355,000

2 Beds
2 Baths
1,207 Sq Ft
$540/mo HOA Fee

Last Sold April 09, 2019

Last sale price $745,000 $617 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $8,009/month

3 Days on Market

Highlights

  • In Ground Pool
  • Subterranean Parking
  • Security Fence
  • Crown Point Junior Music Academy Rated A-
  • Laundry closet
  • 1-minute walk to Fanuel Street Park

About This Home

As of April 2019

Prime location rarely on the market. Remodeled and rarely available 2 bed 2 bath corner unit at Gresham La Palma. Highly desirable location in Crown Point just steps away from Fanuel Park and Sail Bay. Remodel includes a brand new kitchen with new cabinetry, new granite countertops, new appliances and new ceramic flooring. Floor to ceiling windows along with southern exposure and a large private patio allow ample light and outdoor space. Secure and gated complex boasts pool & spa and underground garage

Last Agent to Sell the Property

Patrick Tobias

Shore Point Real Estate License #01965796 Listed on: 03/15/2019

Last Buyer's Agent

Timothy Tusa

eXp Realty of Southern California, Inc. License #01371100

eXp Realty of Southern California, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,038

Year Built

  • Built in 1974

Lot Details

  • Security Fence
  • Gated Home
  • Wrought Iron Fence
  • Property is Fully Fenced

HOA Fees

  • $540 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Tandem Garage
  • Garage Door Opener

Home Design

  • Common Roof
  • Stucco Exterior

Interior Spaces

  • 1,207 Sq Ft Home
  • 3-Story Property

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Full Size Washer or Dryer

Pool

  • In Ground Pool

Utilities

  • Radiant Heating System
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 423-381-23-38

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gated community, hot water, limited insurance, roof maintenance, sewer, trash pickup, water
  • 40 Units
  • Gresham La Palma Association, Phone Number (619) 644-5675
  • Gresham La Palma Community

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,038

Year Built

Built in 1974

Lot Details

0

HOA Fees

$540 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Coastal South
  • Cross Street: La Palma
  • Neighborhood: Fanuel Park
  • LP / Sq Ft: 617.23
  • Price Per Sq Ft: 617.23
  • SP/ Sq Ft: 617.23
  • Stories: 1 Story
  • Stories In Building: 3
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1974
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: A2
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Disposal, Garage Door Opener, Built In Range
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 12x14
  • Full Bathrooms: 2
  • Laundry Location: Closet Full Sized
  • Estimated Sq Ft: 1207
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full, Gate, Wrought Iron, Security
  • Pool: Below Ground, Community/Common
  • Roof: Common Roof

Garage/Parking

  • Garage Details: Tandem, Underground
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Laundry Utilities: Electric
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Radiant
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Gresham La Palma
  • Total Fees: 6480.0
  • Units In Building: 40
  • Total Number of Units: 40
  • Community: PACIFIC BEACH
  • Home Owner Association: Gresham La Palma
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Gated Community, Hot Water, Limited Insurance, Roof Maintenance, Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 540.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619-644-5675

Association/Amenities

  • Entry Level Unit: 2

Fee Information

  • Total Monthly Fees: 540

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 423-381-23-38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2019
Closed on
Mar 27, 2019
Sold by
Abu Zahrah Summer
Bought by
Shearer John R and Shearer Lee Anne
Seller's Agent
Patrick Tobias
Shore Point Real Estate
Buyer's Agent
Timothy Tusa
eXp Realty of Southern California, Inc.
List Price
$745,000
Sold Price
$745,000
Current Estimated Value
$1,217,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,156
Avg. Annual Appreciation
7.84%

Purchase Details

Closed on
May 9, 2016
Sold by
Digerolamo Albert and Di Gerolamo Marianne M
Bought by
Abu Zahrah Summer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2007
Sold by
Smith Timothy J and Ozbun Catherine A
Bought by
Digerolamo Albert and Di Gerolamo Marianne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.57%
Mortgage Type
Unknown
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
Shearer John R $745,000 Chicago Title Company
Abu Zahrah Summer $590,000 Fidelity National Title
Digerolamo Albert $565,000 First American Title San Die
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abu Zahrah Summer $531,000
Previous Owner Digerolamo Albert $350,000
Previous Owner Digerolamo Albert $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2019 04/09/19 Sold $745,000 0.0% $617 / Sq Ft
03/19/2019 03/19/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $745,000 +26.3% $617 / Sq Ft
08/09/2016 08/09/16 Sold $590,000 -6.2% $489 / Sq Ft
05/11/2016 05/11/16 Pending -- -- --
02/21/2016 02/21/16 For Sale $629,000 -- $521 / 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 $10,038 $831,058 $652,760 $178,298
2024 $10,038 $814,763 $639,961 $174,802
2023 $9,817 $798,788 $627,413 $171,375
2022 $9,556 $783,126 $615,111 $168,015
2021 $9,491 $767,771 $603,050 $164,721
2020 $9,376 $759,899 $596,867 $163,032
2019 $7,593 $613,834 $482,139 $131,695
2018 $7,099 $601,799 $472,686 $129,113
2017 $6,930 $590,000 $463,418 $126,582
2016 $6,487 $550,000 $432,000 $118,000
2015 $5,901 $500,000 $393,000 $107,000
2014 $5,334 $450,000 $354,000 $96,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 190013939

San Diego MLS

APN: 423-381-23-38