NOT LISTED FOR SALE

4050 Porte de Palmas Unit 24 San Diego, CA 92122

University City Neighborhood

Estimated Value: $975,718 - $1,193,000

2 Beds
2 Baths
1,208 Sq Ft
$881/Sq Ft Est. Value

Last Sold August 05, 2020

Last sale price $759,500 $629 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,799/month

12 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Park or Greenbelt View
  • Doyle Elementary School Rated A
  • Wood Flooring
  • End Unit

About This Home

As of August 2020

Fabulous opportunity to own a very special home indeed. This townhome sits on one of the best
locations in the Madrid, one of La Jolla Colony’s most desirable properties. Idyllic setting with lush
manicured grounds, the Madrid encapsulates this charming and fully upgraded home. This private end unit borders La Jolla Colony Private Park and enjoys beautiful park views from the kitchen and dining room windows. The split level home is fully renovated with 2 bedrooms and 2 full bathrooms, only 6 steps up to the second floor! Open floor plan, a grand living room with soaring ceilings. The townhome
is very spacious and flowing due to the open floor plan and renovation of the kitchen and bathroom
walls. The home features gorgeous Brazilian cherry hardwood floors throughout! Beautiful granite counters in kitchen and bathrooms. Gas stove, new central air conditioning, stainless steel appliances
and hot water heater, all recently installed. Not to mention, tons of closet space! Huge 2 car attached garage with ample storage space. Relax on your private patio surrounded with beautiful camellia hedges
that bloom gorgeously every autumn with aromatic red flowers. This home requires no further renovation or upgrades. Close to shopping, theaters, restaurants, Torrey Pines golf course and great health care facilities. Easy access to I5 and ocean beaches 10 minutes away.

Last Agent to Sell the Property

Michael Plummer

& Company Real Estate License #01898005 Listed on: 05/20/2020

& Company Real Estate

Last Buyer's Agent

Daniel Marsh

eSan Diego Realty License #02057084

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,844

Year Built

  • Built in 1985

Lot Details

  • End Unit
  • Two or More Common Walls

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Split Level Home
  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Granite Bathroom Countertops

Outdoor Features

  • Spa
  • Patio

Schools

  • University High School

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 10852
  • Assessor Parcel Number 3473900524

Community Details

Overview

  • 123 Units
  • Madrid Condominium Association, Phone Number (858) 551-1885
  • A. Mckibbin & Co. HOA

Recreation

  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,844

Year Built

Built in 1985

Lot Details

0

HOA Fees

$337 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Refrigerator, washer & dryer, patio furniture.
  • Other Phone Description: 858-203-3885
  • Property Attached: Yes
  • Subdivision Name Other: Madrid
  • View: Yes
  • Zoning: R1
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 3473900524
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1208.00 Square Feet
  • Interior Amenities: Granite Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 628.73
  • Room Type: Kitchen, Laundry, Master Suite, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Granite Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Park/Greenbelt
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 309.00
  • Association #2 Fee: 84.00
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Monthly
  • Association Name: Madrid Condominium Association
  • Phone: 858-551-1885
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: A. McKibbin & Co.

Schools

  • School District: San Diego Unified
  • High School: University
  • High School: University
  • High School2: UNIVER

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 123
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 83.64
  • Tax Lot: 5
  • Tax Tract Number: 10852

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Aug 12, 2020
Sold by
Chesny Zoey
Bought by
Chesny Zoey W
Seller's Agent
Michael Plummer
& Company Real Estate
Buyer's Agent
Daniel Marsh
eSan Diego Realty
List Price
$779,000
Sold Price
$759,500
Premium/Discount to List
-$19,500
-2.5%
Current Estimated Value
$1,064,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,680
Avg. Annual Appreciation
6.73%

Purchase Details

Listed on
May 20, 2020
Closed on
Jul 22, 2020
Sold by
Russo Robert
Bought by
Suzuki Chigusa
Seller's Agent
Michael Plummer
& Company Real Estate
Buyer's Agent
Daniel Marsh
eSan Diego Realty
List Price
$779,000
Sold Price
$759,500
Premium/Discount to List
-$19,500
-2.5%

Purchase Details

Listed on
May 20, 2020
Closed on
Jul 20, 2020
Sold by
Suzuki Chigusa
Bought by
Chesny Zoey
Seller's Agent
Michael Plummer
& Company Real Estate
Buyer's Agent
Daniel Marsh
eSan Diego Realty
List Price
$779,000
Sold Price
$759,500
Premium/Discount to List
-$19,500
-2.5%

Purchase Details

Closed on
Aug 7, 2013
Sold by
Stevens Jane F and Stevens Ward E
Bought by
Suzuki Chigusa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2002
Sold by
Daane Blanche E
Bought by
Daane Blanche E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 1993
Sold by
Daane Merritt and Daane Blance E
Bought by
Daane Merritt G and Daane Blanche E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 1988

Purchase Details

Closed on
Jun 14, 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
Chesny Zoey W -- None Available
Suzuki Chigusa -- First American Title
Chesny Zoey $759,500 First American Title
Suzuki Chigusa $477,000 Ticor Title Company
Daane Blanche E -- Fidelity National Title Co
Daane Merritt G -- --
Daane Merritt G -- Union Land Title Company
-- $169,000 --
-- $143,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Suzuki Chigusa $225,000
Previous Owner Daane Blanche E $126,500
Previous Owner Daane Merritt G $137,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2020 08/05/20 Sold $759,500 -2.5% $629 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $779,000 -- $645 / 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 $9,844 $822,102 $282,168 $539,934
2024 $9,844 $805,984 $276,636 $529,348
2023 $9,626 $790,181 $271,212 $518,969
2022 $9,368 $774,689 $265,895 $508,794
2021 $9,303 $759,500 $260,682 $498,818
2020 $6,520 $534,661 $183,511 $351,150
2019 $6,402 $524,178 $179,913 $344,265
2018 $5,984 $513,901 $176,386 $337,515
2017 $5,841 $503,826 $172,928 $330,898
2016 $5,746 $493,948 $169,538 $324,410
2015 $5,661 $486,530 $166,992 $319,538
2014 $5,570 $477,000 $163,721 $313,279
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20096384

California Regional Multiple Listing Service (CRMLS)

APN: 347-390-05-24