NOT LISTED FOR SALE

Estimated Value: $1,293,260 - $1,468,000

2 Beds
2.5 Baths
1,691 Sq Ft
$376/mo HOA Fee

Last Sold September 07, 2023

Last sale price $1,215,888 $719 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $8,751/month

12 Days on Market

Highlights

  • Heated In Ground Pool
  • 2.35 Acre Lot
  • 2 Car Attached Garage
  • Doyle Elementary School Rated A
  • Park or Greenbelt View
  • Park

About This Home

As of September 2023

Madrid, one of UTC/La Jolla Colony's most desirable neighborhoods, rarely available, a most sought after floorplan, two large primary bedrooms with their own private ensuites. The home features a large kitchen, one bedroom/optional office with custom built-in cabinets, desk and Murphy Bed. The staircase is custom fitted with a top-rated Acorn-brand power stairlift to carry persons up & down the stairs, increasing mobility. Located on Madrid's north rim, the unit is one of only a few of 123 homes offering inviting views to both the park and greenbelts. Truely an extraordinary location.The north-facing large livingroom windows and patio invite abundant sunlight. Community amenities include resort-like pool & spa, generous guest parking, immediately fronting La Jolla Colony 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: 07/26/2023

Compass

Last Buyer's Agent

Linda Lee

Keller Williams SD Metro License #01333651

Keller Williams SD Metro

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,964

Year Built

  • Built in 1985

Lot Details

  • Two or More Common Walls

HOA Fees

  • $376 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,691 Sq Ft Home
  • 3-Story Property
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Park or Greenbelt Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • Heated In Ground Pool
  • Fence Around Pool

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Tax Tract Number 10852
  • Assessor Parcel Number 3473900525

Community Details

Overview

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

Recreation

  • Community Pool
  • Community Spa
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,964

Year Built

Built in 1985

Lot Details

0

HOA Fees

$376 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Park Name: Madrid
  • Property Attached: Yes
  • Subdivision Name Other: La Jolla Colony
  • View: Yes
  • Zoning: R-1
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 3473900525
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1691.00
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Full Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Gas Starter, Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 719.03
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Park/Greenbelt
  • Fence: No
  • Pool Features: Association, Community, Fenced, Heated, 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: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 376.00
  • Association Fee Frequency: Monthly
  • Association Name: Madrid HOA
  • Phone: 858-551-1885
  • Senior Community: No
  • Community Features: Park

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 102366.00
  • Lot Size Acres: 2.3500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2.3500 Acres
  • Number Of Units In Community: 123

Tax Info

  • Tax Tract Number: 10852

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2023
Closed on
Aug 23, 2023
Sold by
Tao Fengjun
Bought by
Wang Wei
Seller's Agent
Tyler Polan
Compass
Buyer's Agent
Linda Lee
Keller Williams SD Metro
List Price
$1,249,000
Sold Price
$1,215,888
Premium/Discount to List
-$33,112
-2.65%
Views
50
Current Estimated Value
$1,344,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,427
Avg. Annual Appreciation
5.02%
Original Mortgage
$607,944
Outstanding Balance
$594,573
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$749,742

Purchase Details

Listed on
Jul 26, 2023
Closed on
Aug 18, 2023
Sold by
Wang Shu
Bought by
Tao Tiange
Seller's Agent
Tyler Polan
Compass
Buyer's Agent
Linda Lee
Keller Williams SD Metro
List Price
$1,249,000
Sold Price
$1,215,888
Premium/Discount to List
-$33,112
-2.65%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,944
Outstanding Balance
$594,573
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$749,742

Purchase Details

Closed on
Jan 16, 2007
Sold by
Grossman Elfriede M
Bought by
Grossman Elfriede M

Purchase Details

Closed on
Oct 6, 2004
Sold by
Grossman Elfriede M
Bought by
Grossman Elfriede M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2004
Sold by
Berwanger Donna L and Wolosin James D
Bought by
Grossman Elfriede M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2004
Sold by
Wolosin James D
Bought by
Berwanger Donna L and Wolosin James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2000
Sold by
Wolosin Dory S
Bought by
Wolosin Dory S

Purchase Details

Closed on
Jan 31, 1997
Sold by
Holbrook Kawika and John Ames Holbrook Revocable Living Trus
Bought by
Wang Wei and Tao Tiange

Purchase Details

Closed on
Oct 12, 1995
Sold by
Wolosin Harold J and Wolosin Dory S
Bought by
Wolosin Harold J and Wolosin Dory S

Purchase Details

Closed on
Feb 21, 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
Wang Wei -- First American Title
Tao Tiange -- First American Title
Grossman Elfriede M -- None Available
Grossman Elfriede M -- --
Grossman Elfriede M $690,000 Commonwealth Land Title Co
Grossman Elfriede M -- Commonwealth Land Title Co
Berwanger Donna L -- --
Wolosin Dory S -- --
Wang Wei $1,216,000 First American Title
Wolosin Harold J -- --
-- $163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tao Tiange $607,944
Previous Owner Grossman Elfriede M $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2023 09/07/23 Sold $1,215,888 -2.7% $719 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $1,249,000 -- $739 / 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 $14,964 $1,240,205 $948,600 $291,605
2024 $14,964 $1,215,888 $930,000 $285,888
2023 $11,270 $924,377 $683,236 $241,141
2022 $10,969 $906,253 $669,840 $236,413
2021 $10,892 $888,484 $656,706 $231,778
2020 $8,922 $730,000 $533,000 $197,000
2019 $8,753 $715,000 $523,000 $192,000
2018 $7,583 $650,000 $476,000 $174,000
2017 $6,966 $600,000 $440,000 $160,000
2016 $6,757 $580,000 $426,000 $154,000
2015 $6,700 $575,000 $423,000 $152,000
2014 $6,725 $575,000 $423,000 $152,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2305814

California Regional Multiple Listing Service (CRMLS)

APN: 347-390-05-25