NOT LISTED FOR SALE

Estimated Value: $841,000 - $959,000

2 Beds
2 Baths
1,348 Sq Ft
$508/mo HOA Fee

Last Sold April 15, 2020

Last sale price $695,000 $516 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,070/month

12 Days on Market

Highlights

  • Fitness Center
  • 1-minute walk to Park And Market
  • 0.44 Acre Lot
  • Gated Parking
  • Gated Community
  • 5-minute walk to Fault Line Park

About This Home

As of April 2020

M2i #405 is a 2BR/2BA loft with massive 11' high ceilings, exposed concrete walls/ceilings & great city views to the North. The split bedroom floorplan maximizes privacy & both bedrooms have large walk-in closets. The master & guest bedrooms have custom sliding "barn doors" that open up to the huge living & dining rooms, but can be closed for privacy. M2i is located in one of the best neighborhoods of Downtown which is going through a major renaissance with hundreds of millions of dollars in developments

Last Agent to Sell the Property

Denny Oh

Compass License #01420194 Listed on: 02/23/2020

Compass

Last Buyer's Agent

Denny Oh

Compass License #01420194 Listed on: 02/23/2020

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,323

Year Built

  • Built in 2005

Lot Details

  • 0.44

HOA Fees

  • $508 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Gated Parking

Home Design

  • 1,348 Sq Ft Home
  • Contemporary Architecture
  • Brick Exterior Construction
  • Metal Siding
  • Stone Exterior Construction

Kitchen

  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Location

  • Interior Unit
  • West of 5 Freeway

Utilities

  • Heat Pump System
  • Prewired Cat-5 Cables

Additional Features

  • Concrete Skirt

Listing and Financial Details

  • Assessor Parcel Number 535-122-23-29

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gas, gated community, hot water, limited insurance, roof maintenance, sewer, trash pickup, water
  • 120 Units
  • M2i HOA, Phone Number (619) 255-7682
  • M2i Community
  • 7-Story Property

Amenities

  • Community Barbecue Grill

Recreation

  • Recreational Area

Pet Policy

  • Breed Restrictions

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,323

Year Built

Built in 2005

Lot Details

0

HOA Fees

$508 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Architectural Style: Contemporary
  • Attached Style: High Rise (5+ Stories)
  • Residential Styles: All Other Attached
  • Market Area: Metro Central
  • Cross Street: Market
  • Neighborhood: East Village
  • Estimated Living Space: 1,000 to 1,499 SqFt
  • LP / Sq Ft: 537.83
  • Price Per Sq Ft: 515.58
  • Residential Unit Location: Middle
  • SP/ Sq Ft: 515.58
  • Stories: 1 Story
  • Stories In Building: 7
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 2005
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 405
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile, Wood
  • Equipment Available: Dishwasher, Disposal, Dryer, Fire Sprinklers, Garage Door Opener, Microwave, Refrigerator, Washer, Built In Range, Freezer, Gas Range, Counter Top, Gas Cooking
  • Elevator: Yes
  • Searchable Rooms: Walk-In Closet
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 23x9
  • Full Bathrooms: 2
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 1348
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Brick, Metal, Stone
  • Patio: Balcony
  • Skirting: Concrete

Garage/Parking

  • Garage Details: Assigned, Gated, Underground, Community Garage
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Gas
  • Security: Closed Circuit TV, Gated Community, Fire Sprinklers, Smoke Detector
  • Sewer/Septic: Sewer Connected
  • Heating: Heat Pump
  • Heating Fuel: Natural Gas
  • Telecommunications: Computer (cat5)

Condo/Co-op/Association

  • Complex Name: M2i
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 120
  • Total Number of Units: 230
  • Property Management Company: First Service Residential
  • Property Management Phone: 619.255.7682
  • Community: DOWNTOWN
  • Complex Features: BBQ, Exercise Room, Gated Community, Pet Restrictions, Recreation Area
  • Home Owner Association: M2i HOA
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Gas, Gated Community, Hot Water, Limited Insurance, Roof Maintenance, Sewer, Trash Pickup, Water
  • Home Owner Association Fees: 507.59
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619.255.7682

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 4

Fee Information

  • Total Monthly Fees: 508

Lot Info

  • Lot Size: 0 (Common Interest)
  • Site: West of I-5
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 535-122-23-29
  • Estimated Lot Sq Ft: 19051
  • Estimated Number of Acres: 0.44
  • Map Code Column: B
  • Map Code Page: 1289
  • Map Code Row: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2020
Closed on
Mar 17, 2020
Sold by
Hack Daniel D
Bought by
Knol Nicholas Arthur Douglas and Bhansali Heta Mukeshbhai
Seller's Agent
Denny Oh
Compass
Buyer's Agent
Denny Oh
Compass
List Price
$725,000
Sold Price
$695,000
Premium/Discount to List
-$30,000
-4.14%
Current Estimated Value
$878,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,332
Avg. Annual Appreciation
4.51%
Original Mortgage
$590,750
Outstanding Balance
$522,496
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$358,059

Purchase Details

Listed on
Dec 17, 2014
Closed on
Mar 31, 2015
Sold by
Hack Daniel
Bought by
Hack Daniel D
Seller's Agent
Tom Brooks
TXR Homes, Inc.
Buyer's Agent
Louis Voorhees
Premier Realty Associates
List Price
$750,000
Sold Price
$650,000
Premium/Discount to List
-$100,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.30%

Purchase Details

Listed on
Dec 17, 2014
Closed on
Feb 5, 2015
Sold by
Nebo Morgan Elizabeth Poole
Bought by
Nebo Matthew Zion
Seller's Agent
Tom Brooks
TXR Homes, Inc.
Buyer's Agent
Louis Voorhees
Premier Realty Associates
List Price
$750,000
Sold Price
$650,000
Premium/Discount to List
-$100,000
-13.33%

Purchase Details

Listed on
Dec 17, 2014
Closed on
Jan 29, 2015
Sold by
Weber Corey and Donovan Weber R
Bought by
Hack Daniel
Seller's Agent
Tom Brooks
TXR Homes, Inc.
Buyer's Agent
Louis Voorhees
Premier Realty Associates
List Price
$750,000
Sold Price
$650,000
Premium/Discount to List
-$100,000
-13.33%

Purchase Details

Closed on
Oct 3, 2005
Sold by
Citymark M2i Llc
Bought by
Weber Corey and Donovan Weber R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,200
Interest Rate
6.14%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 16, 2005
Sold by
Weber Joanna Michele
Bought by
Weber Corey
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
Knol Nicholas Arthur Douglas $695,000 Guardian Title
Hack Daniel D -- None Available
Nebo Matthew Zion -- Fidelity National Title
Weber R Donovan -- Fidelity National Title
Weber Corey -- Fidelity National Title
Hack Daniel $650,000 Fidelity National Title
Weber Corey $642,000 Chicago Title Company
Weber Corey -- Chicago Title
Weber R Donovan -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knol Nicholas Arthur Douglas $590,750
Previous Owner Weber Corey $513,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2020 04/15/20 Sold $695,000 -4.1% $516 / Sq Ft
03/07/2020 03/07/20 Pending -- -- --
02/23/2020 02/23/20 For Sale $725,000 +11.5% $538 / Sq Ft
02/06/2015 02/06/15 Sold $650,000 -3.7% $482 / Sq Ft
01/24/2015 01/24/15 Pending -- -- --
01/22/2015 01/22/15 Price Changed $675,000 -10.0% $501 / Sq Ft
12/16/2014 12/16/14 For Sale $750,000 -- $556 / 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
2025 $9,323 $760,078 $470,265 $289,813
2024 $9,323 $745,176 $461,045 $284,131
2023 $9,111 $730,565 $452,005 $278,560
2022 $8,862 $716,242 $443,143 $273,099
2021 $8,792 $702,199 $434,454 $267,745
2020 $8,918 $714,307 $219,787 $494,520
2019 $8,752 $700,302 $215,478 $484,824
2018 $8,184 $686,571 $211,253 $475,318
2017 $7,984 $673,110 $207,111 $465,999
2016 $7,851 $659,912 $203,050 $456,862
2015 $6,343 $525,000 $130,000 $395,000
2014 $5,814 $480,000 $119,000 $361,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200009053

San Diego MLS

APN: 535-122-23-29