NOT LISTED FOR SALE

Estimated Value: $265,000 - $369,000

1 Bed
1 Bath
700 Sq Ft
$380/mo HOA Fee

Last Sold June 29, 2012

Last sale price $53,500 $76 Per Sq Ft

Est. 488% increase in value since last sale

Current estimated payment $2,217/month

100 Days on Market

Highlights

  • Community Pool
  • Laundry Facilities
  • Level Lot

About This Home

As of June 2012

FANNIE MAE HOMEPATH PROPERTY - PURCHASE FOR AS LITTLE AS 3% DOWN WITH NO MORTAGE INSURANCE. NEW CARPET/PAINT IN THIS AWESOME CONDO PERFECT FOR FIRST TIME HOME OWNER OR YOUR COLLEGE STUDENT! EASY ACCESS TO FREEWAYS, PUBLIC TRANSPORTATION AND SAN DIEGO STATE UNIVERSITY - DON'T MISS OUT. INFO HEREIN DEEMED RELIABLE, NOT GUARANTEED. INFO HAS NOT BEEN VERIFIED. BUYER TO VERIFY ALL INCLUDING HOA, CURRENT MGMT CO, MONTHLY DUES/ASSESSMENTS/PARKING/LITIGATION, IF ANY, AND SATISFY SELF PRIOR TO CLOSE OF ESCROW.

Last Agent to Sell the Property

Rose Avedisian

Bancroft Realty License #00766385 Listed on: 02/09/2012

Last Buyer's Agent

Asghar Bordbar

AB Realty License #01118208

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $843

Year Built

  • Built in 1972

HOA Fees

  • $380 Monthly HOA Fees

Home Design

  • Rolled or Hot Mop Roof
  • Stucco Exterior

Interior Spaces

  • 700 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 472-041-26-40

Community Details

Overview

  • 50 Units
  • Villa Madrid // Nnj Association, Phone Number (858) 550-7900
  • Villa Madrid Community

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$843

Year Built

Built in 1972

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Metro Uptown
  • Cross Street: EL CAJON BLVD
  • Neighborhood: COLLEGE AREA
  • LP / Sq Ft: 76.43
  • Price Per Sq Ft: 76.43
  • SP/ Sq Ft: 76.43
  • Stories: 1 Story
  • Stories In Building: 3
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1972
  • Special Features: 20
  • Property Sub Type: Condos

Interior Features

  • Total Bedrooms: 1
  • Bedrooms: 1
  • Master Bedroom Dimensions: 13X12
  • Full Bathrooms: 1
  • Laundry Location: Community
  • Estimated Sq Ft: 700
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Stucco
  • Pool: Community/Common
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Non Garage Parking: Assigned
  • Garage Spaces: 1
  • Parking Spaces Total: 1

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property

Condo/Co-op/Association

  • Complex Name: Villa Madrid
  • Units In Building: 50
  • Total Number of Units: 50
  • Property Management Company: NNJ
  • Property Management Phone: 858-550-7900
  • Community: COLLEGE GROVE
  • Home Owner Association: VILLA MADRID // NNJ
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 380
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-550-7900

Association/Amenities

  • Entry Level Building: 3
  • Entry Level Unit: 3

Fee Information

  • Total Monthly Fees: 380

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 472-041-26-40
  • Map Code Column: B
  • Map Code Page: 1270
  • Map Code Row: 4

Tax Info

  • Assessor Parcel Number: 431054th31492115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2012
Closed on
Jun 27, 2012
Sold by
Federal National Mortgage Association
Bought by
Elias Asnake
Seller's Agent
Rose Avedisian
Bancroft Realty
Buyer's Agent
Asghar Bordbar
AB Realty
List Price
$53,500
Sold Price
$53,500
Total Days on Market
100
Current Estimated Value
$314,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,327
Avg. Annual Appreciation
14.70%
Original Mortgage
$42,800
Outstanding Balance
$30,372
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$285,460

Purchase Details

Closed on
Dec 21, 2011
Sold by
Lou Tanya T
Bought by
Fannie Mae Federal National Mortgage Ass

Purchase Details

Closed on
Dec 30, 2009
Sold by
Cig Llc
Bought by
Villa Madrid Condominium Association

Purchase Details

Closed on
Mar 27, 2008
Sold by
Lou Tanya T
Bought by
Cig Llc

Purchase Details

Closed on
Sep 21, 2001
Sold by
Morgan Enterprises Inc
Bought by
Lou Tanya T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 1999
Sold by
Kartchner Duane and Kartchner Kelly
Bought by
Morgan Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 1999
Sold by
Kartchner Darwin V and Kartchner Cheryl Y
Bought by
Kartchner Duane and Kartchner Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
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
Elias Asnake $53,500 Lawyers Title Company
Fannie Mae Federal National Mortgage Ass $97,107 None Available
Villa Madrid Condominium Association $9,423 None Available
Cig Llc -- None Available
Lou Tanya T $45,000 Commonwealth Land Title
Morgan Enterprises Inc -- --
Kartchner Duane $25,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elias Asnake $42,800
Previous Owner Lou Tanya T $15,000
Previous Owner Lou Tanya T $75,000
Previous Owner Lou Tanya T $91,000
Previous Owner Lou Tanya T $31,500
Previous Owner Kartchner Duane $20,000
Closed Kartchner Duane $2,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2012 06/29/12 Sold $53,500 0.0% $76 / Sq Ft
05/18/2012 05/18/12 Pending -- -- --
05/10/2012 05/10/12 Price Changed $53,500 +7.2% $76 / Sq Ft
05/10/2012 05/10/12 Price Changed $49,900 -6.7% $71 / Sq Ft
04/23/2012 04/23/12 For Sale $53,500 0.0% $76 / Sq Ft
04/18/2012 04/18/12 Pending -- -- --
04/06/2012 04/06/12 Price Changed $53,500 -9.3% $76 / Sq Ft
03/13/2012 03/13/12 Price Changed $59,000 -14.4% $84 / Sq Ft
02/08/2012 02/08/12 For Sale $68,900 -- $98 / 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 $843 $65,866 $29,271 $36,595
2023 $824 $64,576 $28,698 $35,878
2022 $803 $63,311 $28,136 $35,175
2021 $797 $62,071 $27,585 $34,486
2020 $788 $61,436 $27,303 $34,133
2019 $775 $60,232 $26,768 $33,464
2018 $726 $59,052 $26,244 $32,808
2017 $82 $57,895 $25,730 $32,165
2016 $697 $56,761 $25,226 $31,535
2015 $687 $55,910 $24,848 $31,062
2014 $677 $54,816 $24,362 $30,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 120007454

San Diego MLS

APN: 472-041-26-40