NOT LISTED FOR SALE

Estimated Value: $845,000 - $994,000

2 Beds
2 Baths
976 Sq Ft
$165/mo HOA Fee

Last Sold August 20, 2013

Last sale price $415,000 $425 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $5,529/month

42 Days on Market

Highlights

  • Community Pool
  • Tennis Courts
  • 2 Car Attached Garage
  • Carmel Creek Elementary School Rated A
  • Formal Dining Room
  • 2-minute walk to Woodwind Park

About This Home

As of August 2013

Best location in Carmel Valley. Former model in highly desirable Palermo complex. First level. 2 bedrooms 2 full baths featuring wood floors, lovely kitchen, custom tile, A/C, attached 2 car garage. Low home owner fees. Facilities include swimming pool, spa, tennis courts. Walk to park, Carmel Creek elementary, Carmel Valley middle and Torrey Pines High School. Close to Pacific Athletic club, Del Mar highlands shopping center, beaches and more. Buyer to verify all info prior to COE.

Last Agent to Sell the Property

Grace Feng

Century 21 United Brokers License #01003057 Listed on: 06/07/2013

Last Buyer's Agent

Jinae Shin

Team USA Realty and Investment License #01411256

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,067

Year Built

  • Built in 1994

Lot Details

  • Gated Home
  • Gentle Sloping Lot

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 976 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 304-063-14-02
  • $47 Monthly special tax assessment

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), limited insurance
  • 8 Units
  • Palermo Association, Phone Number (858) 430-5700
  • Palermo Community

Amenities

  • Community Barbecue Grill

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,067

Year Built

Built in 1994

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Coastal North
  • Cross Street: Carmel Creek
  • Neighborhood: Carmel Valley
  • LP / Sq Ft: 429.3
  • Price Per Sq Ft: 425.2
  • SP/ Sq Ft: 425.21
  • Stories: 1 Story
  • Stories In Building: 2
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1994
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 2
  • Walk Score Desc: Very Walkable
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Disposal, Garage Door Opener, Range/Oven
  • Searchable Rooms: Bedroom Entry Level, Dining Room/Separate
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 13x11
  • Full Bathrooms: 2
  • Laundry Location: Garage
  • Estimated Sq Ft: 976
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Gate
  • Pool: Community/Common
  • Roof: Tile/Clay
  • Spa: Community/Common

Garage/Parking

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

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Available, Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: Palermo
  • Total Fees: 1980.0
  • Units In Building: 8
  • Total Number of Units: 206
  • Community: CARMEL VALLEY
  • Complex Features: BBQ, Tennis Courts, Pool, Spa/Hot Tub
  • Home Owner Association: Palermo
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Limited Insurance
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 165.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-430-5700

Association/Amenities

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

Fee Information

  • CFD Mello Roos Fee: 47.0
  • CFD Mello Roos Fee Reflects: Month
  • Total Monthly Fees: 212
  • CFD Mello Roos Fee Frequency: Annual
  • Total CFDMR Fees: 564

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Slope Gentle
  • Assessor Parcel Number: 304-063-14-02
  • Estimated Lot Sq Ft: 10370
  • Map Code Column: B
  • Map Code Page: 1188
  • Map Code Row: 6

Tax Info

  • Assessor Parcel Number: 4195ViaCandidiz292130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2015
Sold by
Kim Jennifer G
Bought by
Kim Jennifer Geehyn
Total Days on Market
42
Current Estimated Value
$915,561

Purchase Details

Closed on
Oct 7, 2014
Sold by
Kim Thomas J
Bought by
Kim Jennifer G

Purchase Details

Listed on
Jun 7, 2013
Closed on
Aug 1, 2013
Sold by
Chien Wen Shi and Chien Wentaur
Bought by
Kim Thomas J and Kim Jennifer G
Seller's Agent
Grace Feng
Century 21 United Brokers
Buyer's Agent
Jinae Shin
Team USA Realty and Investment
List Price
$489,000
Sold Price
$415,000
Premium/Discount to List
-$74,000
-15.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$207,500
Outstanding Balance
$60,909
Interest Rate
4.28%
Mortgage Type
New Conventional
Estimated Equity
$844,852

Purchase Details

Closed on
Sep 3, 2009
Sold by
Chien Amy L
Bought by
Chien Wen Shi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
5.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2009
Sold by
Hsieh Chieh Chen
Bought by
Chien Wentaur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
5.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2009
Sold by
Nguyen Bao Ngoc T
Bought by
Chien Wen Shi and Chien Wentaur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
5.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2007
Sold by
Nguyen Bao Ngoc T
Bought by
Nguyen Bao Ngoc T

Purchase Details

Closed on
Jun 15, 2005
Sold by
Kollegian Leslie Scott and Kollegian Wendi
Bought by
Nguyen Bao Ngoc T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2001
Sold by
Feffer and Tracy
Bought by
Kollegian Leslie Scott and Kollegian Wendi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
7.12%

Purchase Details

Closed on
Jun 12, 1998
Sold by
Brookfield Palermo Inc
Bought by
Feffer Eric and Feffer Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,905
Interest Rate
6.42%
Source: Public Records

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Range of Values:

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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
Kim Jennifer Geehyn -- None Available
Kim Jennifer G -- None Available
Kim Thomas J $415,000 Fidelity National Title
Chien Wen Shi -- Lawyers Title Insurance Corp
Chien Wentaur -- Lawyers Title Insurance Corp
Chien Wen Shi $310,000 Lawyers Title Insurance Corp
Nguyen Bao Ngoc T -- None Available
Nguyen Bao Ngoc T $475,000 Equity Title Co San Diego
Kollegian Leslie Scott $270,000 First American Title Co
Feffer Eric $160,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Thomas J $207,500
Previous Owner Chien Wen Shi $186,000
Previous Owner Nguyen Bao Ngoc T $380,000
Previous Owner Kollegian Leslie Scott $243,000
Previous Owner Feffer Eric $12,000
Previous Owner Feffer Eric $153,500
Previous Owner Feffer Eric $151,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2013 08/20/13 Sold $415,000 -1.0% $425 / Sq Ft
07/18/2013 07/18/13 Pending -- -- --
07/17/2013 07/17/13 Price Changed $419,000 -2.3% $429 / Sq Ft
06/26/2013 06/26/13 Price Changed $429,000 -4.5% $440 / Sq Ft
06/13/2013 06/13/13 Price Changed $449,000 -8.2% $460 / Sq Ft
06/06/2013 06/06/13 For Sale $489,000 -- $501 / 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
2024 $6,067 $498,749 $289,598 $209,151
2023 $5,998 $488,970 $283,920 $205,050
2022 $5,887 $479,383 $278,353 $201,030
2021 $5,797 $469,985 $272,896 $197,089
2020 $5,753 $465,167 $270,098 $195,069
2019 $5,657 $456,047 $264,802 $191,245
2018 $5,563 $447,106 $259,610 $187,496
2017 $5,481 $438,340 $254,520 $183,820
2016 $5,194 $429,746 $249,530 $180,216
2015 $5,127 $423,291 $245,782 $177,509
2014 $5,037 $415,000 $240,968 $174,032
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 130029224

San Diego MLS

APN: 304-063-14-02