NOT LISTED FOR SALE

4037 Porte de Palmas Unit 94 San Diego, CA 92122

University City Neighborhood

Estimated Value: $1,260,000 - $1,425,000

2 Beds
2.5 Baths
1,691 Sq Ft
$406/mo HOA Fee

Last Sold March 30, 2023

Last sale price $1,100,000 $651 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $8,470/month

14 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • 2 Car Attached Garage
  • Doyle Elementary School Rated A
  • Panoramic View
  • Living Room

About This Home

As of March 2023

Madrid, one of La Jolla Colony's / UTC's most desirable neighborhoods, rarely availble, the most sought after floorplan, two large Primary bedrooms each with their own private ensuite. This home has been fully renovated and is move in ready. Located on the communities south rim, offering panoramic views to Rose Canyon and Mt. Soledad. The south-facing patio and large livingroom are light and bright capturing abundant sunlight. Community amenities include resort-like pool & spa, generous guest parking, and adjacent to La Colony Community Park. An idyllic setting with lush manicured grounds. Just minutes to UCSD, UTC Mall, Rose Canyon, shopping, restaurants, UCSD bus stops, SD Trolley and La Jolla Beaches.

Last Agent to Sell the Property

Tyler Polan

Compass License #00917504 Listed on: 01/30/2023

Compass

Last Buyer's Agent

Keith Rose

Rose Real Estate License #01511829

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,725

Year Built

  • Built in 1986

Lot Details

  • 2.03

HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,691 Sq Ft Home
  • Fireplace With Gas Starter
  • Living Room
  • Panoramic Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Fence Around Pool

Additional Features

  • Two or More Common Walls
  • No Heating

Listing and Financial Details

  • Tax Tract Number 10852
  • Assessor Parcel Number 3473900294

Community Details

Overview

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

Recreation

  • Community Pool
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,725

Year Built

Built in 1986

Lot Details

0

HOA Fees

$406 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: R-1
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 3473900294
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1691.00
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 650.50
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Master Suite, Two Masters

Exterior Features

  • View: Panoramic
  • Fence: No
  • Pool Features: Association, Community, Fenced, In Ground
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association: La Jolla Colony HOA
  • Amenities: Pool
  • Association Fee: 376.00
  • Association #2 Fee: 30.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Madrid HOA
  • Phone: 8585511885
  • Association Phone #2: 8585511885
  • Senior Community: No
  • Community Features: Park

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 123

Tax Info

  • Tax Tract Number: 010852

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Feb 7, 2023
Sold by
Lowden J Alexander
Bought by
Anzabi Leila
Seller's Agent
Tyler Polan
Compass
Buyer's Agent
Keith Rose
Rose Real Estate
List Price
$1,150,000
Sold Price
$1,100,000
Premium/Discount to List
-$50,000
-4.35%
Views
37
Current Estimated Value
$1,305,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,192
Avg. Annual Appreciation
7.05%
Original Mortgage
$600,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2023
Sold by
Lowden Family Trust
Bought by
Lowden J Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2010
Sold by
Lowden J Alexander and Lowden Anne
Bought by
Lowden J Alexander and Lowden Anne

Purchase Details

Closed on
Mar 19, 1997
Sold by
Anne Lowden
Bought by
Lowden J Alexander and Lowden Anne

Purchase Details

Closed on
Feb 27, 1996
Sold by
Lowden J Alexander
Bought by
Lowden Anne

Purchase Details

Closed on
Sep 27, 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
Anzabi Leila $1,100,000 Fidelity National Title
Lowden J Alexander -- Fidelity National Title
Lowden J Alexander -- None Available
Lowden J Alexander -- --
Lowden Anne -- Commonwealth Land Title Co
Lowden Anne $215,000 --
-- $166,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anzabi Leila $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $1,100,000 -4.3% $651 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $1,150,000 0.0% $680 / Sq Ft
02/05/2023 02/05/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $1,150,000 -- $680 / 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 $13,725 $1,144,440 $853,128 $291,312
2024 $13,725 $1,122,000 $836,400 $285,600
2023 $4,236 $336,542 $130,532 $206,010
2022 $4,124 $336,542 $130,532 $206,010
2021 $4,096 $329,944 $127,973 $201,971
2020 $4,046 $326,562 $126,661 $199,901
2019 $3,975 $320,160 $124,178 $195,982
2018 $3,717 $313,884 $121,744 $192,140
2017 $3,629 $307,730 $119,357 $188,373
2016 $3,571 $301,697 $117,017 $184,680
2015 $3,518 $297,166 $115,260 $181,906
2014 $3,464 $291,346 $113,003 $178,343
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2300707

California Regional Multiple Listing Service (CRMLS)

APN: 347-390-02-94