NOT LISTED FOR SALE

4020 Porte de Palmas Unit 44 San Diego, CA 92122

University City Neighborhood

Estimated Value: $1,246,000 - $1,344,000

3 Beds
2.5 Baths
1,738 Sq Ft
$748/Sq Ft Est. Value

Last Sold February 18, 2020

Last sale price $870,000 $501 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,989/month

37 Days on Market

Highlights

  • Park or Greenbelt View
  • Community Pool
  • Eat-In Kitchen
  • Doyle Elementary School Rated A
  • Family Room Off Kitchen
  • Walk-In Closet

About This Home

As of February 2020

Rarely available Madrid's largest floor plan. Desirable sunny end unit 3 bed 3 bath. La Jolla Colony's lowest density community surrounded in a park-like oasis of mature trees & lush landscape. Views in 3 directions. Quiet green-belt location. Move-in ready home. Custom kitchen cabinets, granite, SS sink, appliances, Bosch Oven, Bosch dishwasher and Bosch Flex-Induction cook-top. 2-car attached garage w/ BLINK charger. Community amenities include resort-like pool/spa surrounded by La Jolla Colony Park. Very private community, yet only one convenient block to UCSD shuttle bus stop. Madrid is a serene, tranquil oasis in central UTC/La Jolla Colony location affords easy access to shopping, restaurants, parks, Rose Canyon, University Towne Center, Scripps Clinic, UCSD & Hwy 5. Resort-like community pool/spa is adjacent to La Jolla Colony Park and its trails.. Neighborhoods: La Jolla Colony Equipment: Garage Door Opener Other Fees: 84 Sewer: Public Sewer Topography: GSL

Last Agent to Sell the Property

Tyler Polan

Compass License #00917504 Listed on: 12/11/2019

Compass

Co-Listed By

Makaira Wastell

Pacific Sotheby's Int'l Realty License #01923950

Last Buyer's Agent

Jennifer Anderson

Compass License #01943652

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,402

Year Built

  • Built in 1985

Lot Details

  • 2.04

HOA Fees

  • $309 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Guest Parking

Home Design

  • Split Level Home
  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 1,738 Sq Ft Home
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Park or Greenbelt Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Garage
  • Electric Dryer Hookup

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Fence Around Pool
  • Block Wall Fence

Listing and Financial Details

  • Assessor Parcel Number 3473900400

Community Details

Overview

  • 123 Units
  • Madrid HOA, Phone Number (858) 551-1885
  • Madrid

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Size Limit

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,402

Year Built

Built in 1985

Lot Details

0

HOA Fees

$309 per month

Parking

2

Listing Details

  • Park Name: Madrid
  • Property Attached: Yes
  • Subdivision Name Other: University City
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 3473900400
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1738.00
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Family Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 500.58
  • Room Type: Formal Entry, Master Bedroom, All Bedrooms Up, Master Bathroom, Walk-In Closet

Exterior Features

  • View: Park/Greenbelt
  • Fence: Yes
  • Fencing: Block
  • Pool Features: Community, Association, Fenced
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Guest
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas, Fireplace(s), Forced Air
  • Laundry Features: Electric Dryer Hookup, In Garage
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub, Weight Limit, Pool
  • Association Fee: 309.00
  • Association Fee Frequency: Monthly
  • Association Name: Madrid HOA
  • Phone: 858-551-1885

Multi Family

  • Number Of Units In Community: 123

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2020
Sold by
Lwee Sandra
Bought by
Lwee Sandra
Current Estimated Value
$1,300,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$706,868
Outstanding Balance
$630,446
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$670,245

Purchase Details

Listed on
Dec 11, 2019
Closed on
Jan 27, 2020
Sold by
Massoni Laura and Tabarez Michael A
Bought by
Lwee Sandra
Seller's Agent
Tyler Polan
Compass
Buyer's Agent
Jennifer Anderson
Compass
List Price
$889,000
Sold Price
$870,000
Premium/Discount to List
-$19,000
-2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$700,000
Interest Rate
3.72%
Mortgage Type
VA

Purchase Details

Closed on
Aug 28, 2017
Sold by
Tabarez Michael and Massoni Laura
Bought by
Massoni Laura and Tabarez Michael

Purchase Details

Closed on
Jan 23, 2015
Sold by
Renteria Pablo Soto and De Soto Maria Auxilio Diaz
Bought by
Tabarez Michael and Massoni Laura

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
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2004
Sold by
Galasso Anya
Bought by
Renteria Pablo Soto and Desoto Maria Auxilio Diaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,500
Interest Rate
3.73%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 19, 1998
Sold by
Galasso Anya
Bought by
Galasso Anya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 1989

Purchase Details

Closed on
Mar 15, 1985
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lwee Sandra -- Lawyers Title
Lwee Sandra $870,000 Guardian Title Company
Massoni Laura -- Accommodation
Tabarez Michael $522,000 California Title Company
Renteria Pablo Soto $705,000 Southland Title
Galasso Anya -- First American Title Ins Co
-- $275,000 --
-- $159,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lwee Sandra $700,000
Previous Owner Tabarez Michael $417,000
Previous Owner Renteria Pablo Soto $493,500
Previous Owner Galasso Anya $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2020 02/18/20 Sold $870,000 -2.1% $501 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
12/11/2019 12/11/19 For Sale $889,000 -- $512 / 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 $9,402 $951,467 $598,958 $352,509
2024 $9,402 $932,812 $587,214 $345,598
2023 $9,261 $914,522 $575,700 $338,822
2022 $9,112 $896,591 $564,412 $332,179
2021 $9,044 $879,012 $553,346 $325,666
2020 $8,065 $660,281 $415,653 $244,628
2019 $7,919 $647,335 $407,503 $239,832
2018 $7,402 $634,643 $399,513 $235,130
2017 $7,307 $622,200 $391,680 $230,520
2016 $7,191 $610,000 $384,000 $226,000
2015 $7,193 $610,000 $384,000 $226,000
2014 -- $610,000 $384,000 $226,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190064953

California Regional Multiple Listing Service (CRMLS)

APN: 347-390-04-44