NOT LISTED FOR SALE

4040 Porte de Palmas Unit 28 San Diego, CA 92122

University City Neighborhood

Estimated Value: $944,495 - $1,084,000

2 Beds
2 Baths
1,208 Sq Ft
$309/mo HOA Fee

Last Sold June 04, 2020

Last sale price $675,000 $559 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $6,261/month

5 Days on Market

Highlights

  • Park or Greenbelt View
  • Community Pool
  • 2 Car Attached Garage
  • Doyle Elementary School Rated A
  • Enclosed Patio or Porch
  • Level Lot

About This Home

As of June 2020

Fabulous perfectly located split level end unit San Martin model on lush greenbelt perched on hillside with adjacent picnic table area. Inside you'll find spacious living room with rich engineered plank wood, vaulted ceilings, cozy fireplace with handsome marble hearth/border; hear the birds sing from the sunny private adjacent patio, light, bright remodeled kitchen. This magnificent split level affords spacious bedroom greenbelt views, bay window and remodeled bathrooms, attached (see supplement) garage with laundry/cabinets above. Located in vibrant UTC location close to Whole Foods, AMC theaters/Trader Joes/Ralphs shopping, and beautiful La Jolla beaches! Thank you for your interest!

Last Agent to Sell the Property

Jim Field

Century 21 Affiliated License #00770152 Listed on: 05/08/2020

Century 21 Affiliated

Last Buyer's Agent

Dave Zarella

Dave Zarella & Associates License #01179291

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,615

Year Built

  • Built in 1986

Lot Details

  • 2.04

HOA Fees

  • $309 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Split Level Home
  • Entry on the 1st floor
  • Clay Roof
  • Stucco Exterior

Interior Spaces

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

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Enclosed Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 347-390-04-28

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, trash pickup, water
  • $9 Other Monthly Fees
  • 6 Units
  • La Jolla Colony/Madrid Association, Phone Number (858) 551-1885
  • Madrid Community

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,615

Year Built

Built in 1986

Lot Details

0

HOA Fees

$309 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Metro
  • Cross Street: Palmilla
  • Neighborhood: La Jolla Colony
  • Supplement: garage with laundry/cabinets above. Located in vibrant UTC location close to Whole Foods, AMC theaters/Trader Joes/Ralphs shopping, and beautiful La Jolla beaches! Thank you for your interest!
  • Estimated Living Space: 1,500 to 1,999 SqFt
  • LP / Sq Ft: 566.23
  • Price Per Sq Ft: 558.77
  • SP/ Sq Ft: 558.77
  • Stories: Split Level
  • Stories In Building: 1
  • Ownership: Condominium
  • Year Built: 1986
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 28
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Disposal, Garage Door Opener, Microwave, Electric Range, Electric Stove
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Walls: Drywall
  • 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
  • Patio: Enclosed
  • Pool: Community/Common
  • Roof: Tile/Clay
  • View: Greenbelt, Parklike
  • Three or more Steps To Entry: Yes

Garage/Parking

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

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Available
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: Madrid
  • Total Fees: 3708.0
  • Units In Building: 6
  • Total Number of Units: 123
  • Property Management Company: McKibbin
  • Property Management Phone: 858-551-1885
  • Community: UNIVERSITY CITY
  • Home Owner Association: La Jolla Colony/Madrid
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 309.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-551-1885
  • Other Fees Payment Frequency: Quarterly
  • Other Fees Type: Cmmnty/Mstr Hm Owner Fees

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 1

Fee Information

  • Total Monthly Fees: 337
  • Other Fees: 28.0

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 347-390-04-28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2020
Sold by
Skinner Robert Mark and Skinner Nanan T
Bought by
Skinner Robert Mark and Skinner Nanan Triatni
Current Estimated Value
$1,002,874

Purchase Details

Listed on
May 8, 2020
Closed on
May 27, 2020
Sold by
Erickson Gorman C and Erickson Anne M
Bought by
Skinner Robert Mark and Skinner Nanan T
Seller's Agent
Jim Field
Century 21 Affiliated
Buyer's Agent
Dave Zarella
Dave Zarella & Associates
List Price
$684,000
Sold Price
$675,000
Premium/Discount to List
-$9,000
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$540,000
Outstanding Balance
$481,645
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$539,872

Purchase Details

Closed on
Jun 3, 2008
Sold by
Smith Patrick Lee and Smith Patrick L
Bought by
Smith Patrick Lee

Purchase Details

Closed on
Nov 21, 2006
Sold by
Smith Bernice M
Bought by
Bernice M Smith Separate Property Trust

Purchase Details

Closed on
Aug 11, 1993
Sold by
Erickson Anne M
Bought by
Smith Patrick L and Smith Bernice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,600
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 1993
Sold by
Brucker Donald and Brucker Teresa A
Bought by
Erickson Anne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,600
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 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
Skinner Robert Mark -- Fidelity National Title
Skinner Robert Mark $675,000 Fidelity National Title Co
Smith Patrick Lee -- None Available
Bernice M Smith Separate Property Trust -- None Available
Smith Patrick L -- Fidelity National Title
Erickson Anne M -- Fidelity National Title
-- $140,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skinner Robert Mark $540,000
Previous Owner Smith Patrick L $152,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2020 06/04/20 Sold $675,000 -1.3% $559 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $684,000 -- $566 / 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 $7,615 $636,971 $207,015 $429,956
2024 $7,615 $624,482 $202,956 $421,526
2023 $7,446 $612,238 $198,977 $413,261
2022 $7,246 $600,234 $195,076 $405,158
2021 $7,281 $588,465 $191,251 $397,214
2020 $3,591 $296,538 $96,446 $200,092
2019 $3,526 $290,724 $94,555 $196,169
2018 $3,296 $285,024 $92,701 $192,323
2017 $3,216 $279,436 $90,884 $188,552
2016 $3,163 $273,957 $89,102 $184,855
2015 $3,115 $269,843 $87,764 $182,079
2014 $3,065 $264,558 $86,045 $178,513
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200020902

San Diego MLS

APN: 347-390-04-28