NOT LISTED FOR SALE

4059 Porte de Palmas Unit 81 San Diego, CA 92122

University City Neighborhood

Estimated Value: $1,253,000 - $1,334,000

3 Beds
2.5 Baths
1,738 Sq Ft
$754/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $890,000 $512 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $8,215/month

7 Days on Market

Highlights

  • In Ground Pool
  • Mediterranean Architecture
  • Walk-In Closet
  • Doyle Elementary School Rated A
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of July 2020

Madrid one of La Jolla Colony's most desirable neighborhoods. This completely renovated, highly desirable 3 bedroom San Tropez floor plan is situated in a prime location, end-unit, quiet green-belt plus views to Rose Canyon. The kitchen boasts granite counter-tops, custom cabinets, counter seating connecting to the dining and den areas. Beautiful engineered white oak planks, carpet & tile comprise the flooring. Dual pane windows provide quite and insulating. Newer HVAC. Wood shutters. Marble bath counters. Neighborhoods: La Jolla Colony Equipment: Garage Door Opener Other Fees: 84 Sewer: Sewer Connected, Public Sewer Topography: LL

Last Agent to Sell the Property

Tyler Polan

Compass License #00917504 Listed on: 06/09/2020

Compass

Co-Listed By

Makaira Wastell

Pacific Sotheby's Int'l Realty License #01923950

Last Buyer's Agent

Ashraf Salim

SDpremier License #01881515

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,545

Year Built

  • Built in 1986

Lot Details

  • Fenced
  • Stucco Fence

HOA Fees

  • $309 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 1,738 Sq Ft Home
  • 3-Story Property
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Pool

  • In Ground Pool

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 3473900281

Community Details

Overview

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

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,545

Year Built

Built in 1986

Lot Details

0

HOA Fees

$309 per month

Parking

2

Listing Details

  • Park Name: Madrid
  • Property Attached: Yes
  • Subdivision Name Other: University City
  • Architectural Style: Mediterranean
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 3473900281
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1738.00 Square Feet
  • Stories: 3
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 512.08
  • Room Type: Family Room, Formal Entry, Kitchen, Living Room, Master Bedroom, All Bedrooms Up, Master Bathroom, Walk-In Closet

Exterior Features

  • Fence: Yes
  • Fencing: Stucco Wall
  • Pool Features: In Ground, Community
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Natural Gas, Fireplace(s), Forced Air
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 309.00
  • Association Fee Frequency: Monthly
  • Association Name: Madrid HOA
  • Phone: 858-551-1885
  • Common Interest: Condominium

Multi Family

  • Number Of Units In Community: 123
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Jul 3, 2020
Sold by
Linen Nancy
Bought by
Marucci Giovanni and Marucci Francesca
Seller's Agent
Tyler Polan
Compass
Buyer's Agent
Ashraf Salim
SDpremier
List Price
$889,000
Sold Price
$890,000
Premium/Discount to List
$1,000
0.11%
Current Estimated Value
$1,309,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,829
Avg. Annual Appreciation
7.33%
Original Mortgage
$700,000
Outstanding Balance
$619,471
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$667,322

Purchase Details

Closed on
Feb 15, 2001
Sold by
Linen Nancy R
Bought by
Linen Nancy

Purchase Details

Closed on
Apr 30, 1996
Sold by
Linen Charles J
Bought by
Linen Nancy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
7.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 1996
Sold by
Gardner Lester O and Gardner Lynne M
Bought by
Linen Nancy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
7.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 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
Marucci Giovanni $890,000 First American Title Ins Co
Linen Nancy -- --
Linen Nancy R -- Commonwealth Land Title Co
Linen Nancy R $215,000 --
-- $168,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marucci Giovanni $700,000
Previous Owner Linen Nancy R $193,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $890,000 +0.1% $512 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $889,000 -- $512 / 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 $11,545 $963,360 $284,833 $678,527
2024 $11,545 $944,472 $279,249 $665,223
2023 $11,289 $925,954 $273,774 $652,180
2022 $10,987 $907,799 $268,406 $639,393
2021 $10,911 $890,000 $263,144 $626,856
2020 $3,253 $269,005 $79,536 $189,469
2019 $3,193 $263,731 $77,977 $185,754
2018 $2,985 $258,561 $76,449 $182,112
2017 $2,913 $253,492 $74,950 $178,542
2016 $2,864 $248,523 $73,481 $175,042
2015 $2,821 $244,791 $72,378 $172,413
2014 $2,776 $239,997 $70,961 $169,036
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200026512

California Regional Multiple Listing Service (CRMLS)

APN: 347-390-02-81