$950,000
SOLD AUG 22, 2022
2 Beds
2 Baths
1,315 Sq Ft
$283/mo HOA Fee

Recently Sold

$722 Per Sq Ft

10% Below List Price

61 Days on Market

Highlights

  • Waterfront
  • 1 Fireplace
  • Intercom
  • Wood Flooring
  • Wine Refrigerator
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

Welcome to 525 E 7th, a bright and spacious corner unit that checks all of the boxes including not one but TWO parking spaces and private storage! Start off in the updated kitchen with granite countertops, stainless steel appliances, and even a wine fridge. Feel right at home in the main living space, featuring a gas fireplace and custom built-ins, that is large enough for a sectional, dining table and more. Down the hall, find your primary bedroom with an en-suite bathroom and expertly designed walk in closet. The second bedroom and bathroom are both well sized, and don't forget about the second walk-in closet with in-unit laundry to round out the home. Don't sleep on this building as it's only 10 years young, pet friendly, professionally managed, and 100% owner occupied!

Last Agent to Sell the Property

Aranson Maguire Group

Compass Listed on: 05/18/2022

Compass

Last Buyer's Agent

Carlisle Group

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,667

Year Built

  • Built in 2012

HOA Fees

  • $283 Monthly HOA Fees

Home Design

  • Rubber Roof

Interior Spaces

  • 1,315 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • 1 Fireplace
  • Insulated Windows
  • Intercom

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on third floor
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Waterfront

Listing and Financial Details

  • Assessor Parcel Number W:07 P:02144 S:022,4871546

Community Details

Overview

  • Association fees include water, sewer, insurance, ground maintenance, snow removal
  • 9 Units
  • Low-Rise Condominium

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,667

Year Built

Built in 2012

Lot Details

0

HOA Fees

$283 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 2012
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Entry Level: 3
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Wired for Sound
  • Entry Location: Unit Placement(Upper,Front)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer,Wine Refrigerator, Tank Water Heater
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Third
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Room Master Bedroom Level: Third
  • Master Bathroom Features: Yes
  • Bathroom 1 Level: Third
  • Bathroom 2 Level: Third
  • Room Dining Room Level: Third
  • Room Kitchen Level: Third
  • Laundry Features: Third Floor, In Unit
  • Room Living Room Level: Third
  • Living Area: 1315
  • Other Equipment: Intercom
  • Stories Total: 1
  • Window Features: Insulated Windows
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 760.38
  • PRICE PER Sq Ft: 722.43
  • MAIN SO: AN2383

Exterior Features

  • Roof: Rubber
  • Waterfront Features: Beach Front, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved, Exclusive Parking
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 283
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • UNIT BUILDING: 6
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: W:07 P:02144 S:022,4871546
  • Zoning: CD
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.03
  • Lot Size Area: 0.03
  • Lot Size Sq Ft: 1315
  • Lot Size Units: Acres
  • PAGE: 162
  • OUTDOOR SPACE AVAILABLE: No
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9667
  • Tax Book Number: 53162

Multi Family

  • Number Of Units Total: 9
  • Basement Included Sq Ft: No
  • NO UNITS OWNER OCC: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Aug 22, 2022
Sold by
Glore Peter H and Glore Emily
Bought by
Patel Parthiv M
Seller's Agent
Aranson Maguire Group
Compass
Buyer's Agent
Carlisle Group
Compass
List Price
$1,049,900
Sold Price
$950,000
Premium/Discount to List
-$99,900
-9.52%
Current Estimated Value
$1,042,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,595
Avg. Annual Appreciation
3.13%
Original Mortgage
$760,000
Outstanding Balance
$713,838
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$328,757

Purchase Details

Closed on
Jun 30, 2014
Sold by
Bickelman Richard D and Bickelman Ellen M
Bought by
Glore Peter H and Glore Max Emily

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%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Type Sale Price Title Company
Condominium Deed $950,000 None Available
Deed $635,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $760,000 Purchase Money Mortgage
Previous Owner $300,000 Adjustable Rate Mortgage/ARM
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Rented $4,800 0.0% --
07/08/2024 07/08/24 Under Contract -- -- --
06/29/2024 06/29/24 Price Changed $4,800 -4.0% $4 / Sq Ft
06/25/2024 06/25/24 Price Changed $5,000 -6.5% $4 / Sq Ft
06/13/2024 06/13/24 For Rent $5,350 0.0% --
08/22/2022 08/22/22 Sold $950,000 -5.0% $722 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
06/01/2022 06/01/22 Price Changed $999,900 -4.8% $760 / Sq Ft
05/18/2022 05/18/22 For Sale $1,049,900 +96.2% $798 / Sq Ft
06/29/2012 06/29/12 Sold $535,000 -4.3% $396 / Sq Ft
04/18/2012 04/18/12 Pending -- -- --
12/17/2011 12/17/11 Price Changed $559,000 -3.5% $414 / Sq Ft
08/05/2011 08/05/11 For Sale $579,000 -- $429 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $11,311 $976,800 $0 $976,800
2024 $10,282 $943,300 $0 $943,300
2023 $9,926 $924,200 $0 $924,200
2022 $9,667 $888,500 $0 $888,500
2021 $9,294 $871,000 $0 $871,000
2020 $8,558 $810,400 $0 $810,400
2019 $7,985 $757,600 $0 $757,600
2018 $7,559 $721,300 $0 $721,300
2017 $7,141 $674,300 $0 $674,300
2016 $6,997 $636,100 $0 $636,100
2015 $7,019 $579,600 $0 $579,600
2014 $6,509 $517,400 $0 $517,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72984145

MLS Property Information Network (MLS PIN)

APN: SBOS-000000-000007-002144-000022