NOT LISTED FOR SALE

4031 Porte de Palmas Unit 86 San Diego, CA 92122

University City Neighborhood

Estimated Value: $1,075,000 - $1,237,000

2 Beds
2.5 Baths
1,428 Sq Ft
$789/Sq Ft Est. Value

Last Sold August 13, 2018

Last sale price $750,000 $525 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,103/month

6 Days on Market

Highlights

  • In Ground Pool
  • Bamboo Flooring
  • Mediterranean Architecture
  • Doyle Elementary School Rated A
  • Park or Greenbelt View
  • 2 Car Direct Access Garage

About This Home

As of August 2018

Madrid, one of La Jolla Colony's most desirable neighborhoods! Located on a quiet greenbelt, this highly upgraded & remodeled 2 BR, 2.5 BA boasts stunning Teragren bamboo flooring, contemporary custom glass & bamboo doors, exquisitely designed, state-of-the-art kitchen. Meticulously designed custom lighting throughout enhances the glamorous mood & intimate setting of this amazing property. The welcoming & open floor plan lends itself to a comfortable lifestyle & easy entertaining. 2 car attached garage. Ideal location near UCSD, short stroll to shops, yoga, retail & restaurants. Enjoyable sun-filled afternoons in the lush parks, picnic areas, paths & hiking trails of La Jolla Colony all within walking distance to this wonderful home. Resort style living with easy access to UTC mall, freeways, downtown and soon-to-be-completed SD Trolley.. Neighborhoods: LA JOLLA COLONY Complex Features: , Equipment: Dryer,Garage Door Opener, Washer Other Fees: 18 Sewer: Sewer Connected Topography: LL

Last Agent to Sell the Property

Tyler Polan

Compass License #00917504 Listed on: 07/11/2018

Compass

Last Buyer's Agent

Rosemary Snow

Dwell Well Realty License #01342457

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,105

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • Fenced
  • Stucco Fence

HOA Fees

  • $289 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,428 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room with Fireplace
  • Park or Greenbelt Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Bamboo
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Stone Porch or Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 3473900286

Community Details

Overview

  • 123 Units
  • Madrid Conodmuniums Association, Phone Number (858) 551-1885
  • MADRID

Recreation

  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,105

Year Built

Built in 1985 | Remodeled

Lot Details

0

HOA Fees

$289 per month

Parking

2

Listing Details

  • Park Name: MADRID
  • Property Attached: Yes
  • Subdivision Name Other: LA JOLLA COLONY
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 3473900286
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1428.00
  • Stories: 3
  • Flooring: Carpet, Bamboo
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 525.21
  • Room Type: Family Room, Kitchen, Living Room, Master Bedroom, Master Bathroom
  • Spa Features: Community

Exterior Features

  • Patio: Yes
  • View: Park/Greenbelt
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Stone, Patio
  • Pool Features: In Ground, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Heating Type: Natural Gas, Forced Air
  • Laundry Features: In Garage
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 289.00
  • Association Fee Frequency: Monthly
  • Association Name: Madrid Conodmuniums
  • Phone: 858-551-1885

Multi Family

  • Number Of Units In Community: 123

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2018
Closed on
Jul 23, 2018
Sold by
Wu Yi
Bought by
Cloyd Roger P
Seller's Agent
Tyler Polan
Compass
Buyer's Agent
Rosemary Snow
Dwell Well Realty
List Price
$749,000
Sold Price
$750,000
Premium/Discount to List
$1,000
0.13%
Current Estimated Value
$1,126,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,488
Avg. Annual Appreciation
5.86%
Original Mortgage
$453,200
Outstanding Balance
$387,749
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$738,739

Purchase Details

Closed on
Mar 5, 2014
Sold by
Lanthorne R J
Bought by
Wu Yi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,400
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 25, 2005
Sold by
Lanthorne Russell J and Lanthorne Rosemary
Bought by
Lanthorne R J

Purchase Details

Closed on
Sep 13, 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
Cloyd Roger P $750,000 Guardian Title Company
Wu Yi $530,500 California Title Company
Lanthorne R J -- --
-- $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cloyd Roger P $453,200
Previous Owner Wu Yi $424,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2018 08/13/18 Sold $750,000 +0.1% $525 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $749,000 -- $525 / 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 $10,105 $836,634 $591,403 $245,231
2024 $10,105 $820,230 $579,807 $240,423
2023 $9,882 $804,148 $568,439 $235,709
2022 $9,620 $788,382 $557,294 $231,088
2021 $9,554 $772,924 $546,367 $226,557
2020 $9,438 $764,999 $540,765 $224,234
2019 $9,270 $750,000 $530,162 $219,838
2018 $6,661 $571,540 $404,012 $167,528
2017 $6,502 $560,335 $396,091 $164,244
2016 $6,397 $549,349 $388,325 $161,024
2015 $6,301 $541,098 $382,492 $158,606
2014 $2,806 $235,529 $100,707 $134,822
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 180037873

California Regional Multiple Listing Service (CRMLS)

APN: 347-390-02-86