NOT LISTED FOR SALE

Estimated Value: $780,000 - $917,000

2 Beds
2 Baths
1,187 Sq Ft
$500/mo HOA Fee

Last Sold May 12, 2022

Last sale price $835,000 $703 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,058/month

3 Days on Market

Highlights

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

About This Home

As of May 2022

Rare Penthouse level M2i Loft located in the vibrant East Village. 15' Exposed cement Ceilings, expansive feeling of space, oversized wall of windows, south facing courtyard orientation, Walk in Closet, moderate HOA Fees, 2 tandem parking spaces and top floor skylights are just some of the features and special characteristics of this urban loft. No walls have been built out providing tons of open floor plan space. An open loft allows options to layout your own floor plan. Approximate dimensions 34x35x14. The M2i complex is known for modern lofts and urban style, roof top BBQ Lounge, and fitness center. List of Upgrades and Features include: Large planked chocolate Hardwood flooring, upgraded beverage fridge/bar/storage in kitchen, master closet organization, 2 massive skylights, upgraded washer/dryer. M2i is a contemporary and modern loft style building in East Village. With moderate homeowner's dues and moderate amenities, the building is a highly desirable East Village choice for buyers. The unit interior design style has all the characteristics of loft Living: exposed concrete, 11 foot ceilings on most units and open loft floor plans. The building has a fully-equipped fitness facility, rooftop BBQ deck and fire place, and a serene central courtyard with tropical landscaping. The community has 2 lobbies entrances each with their own style and design.

Last Agent to Sell the Property

Michael Ciampa

Real Broker License #01389534 Listed on: 04/08/2022

Real Broker

Last Buyer's Agent

Jose Raul Ramirez

Prime Realty Company License #01710762

Prime Realty Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,676

Year Built

  • Built in 2005

Lot Details

  • 0.44

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tandem Garage

Property Views

  • Courtyard

Home Design

  • Turnkey

Interior Spaces

  • 1,187 Sq Ft Home
  • Wired For Data
  • Loft

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Home Security

Additional Features

  • Two or More Common Walls
  • Interior Unit
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 535-122-23-71

Community Details

Overview

  • Association fees include exterior (landscaping), exterior bldg maintenance, gated community, hot water, limited insurance, sewer, trash pickup, water
  • 100 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 Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,676

Year Built

Built in 2005

Lot Details

0

HOA Fees

$500 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Property Condition: Turnkey
  • Market Area: Metro Central
  • Cross Street: Corner of 10th and Market St
  • Neighborhood: East Village
  • Supplement: List of Upgrades and Features include: Large planked chocolate Hardwood flooring, upgraded beverage fridge/bar/storage in kitchen, master closet organization, 2 massive skylights, upgraded washer/dryer. M2i is a contemporary and modern loft style building in East Village. With moderate homeowner's dues and moderate amenities, the building is a highly desirable East Village choice for buyers. The unit interior design style has all the characteristics of loft Living: exposed concrete, 11 foot ceilings on most units and open loft floor plans. The building has a fully-equipped fitness facility, rooftop BBQ deck and fire place, and a serene central courtyard with tropical landscaping. The community has 2 lobbies entrances each with their own style and design.
  • LP / Sq Ft: 636.06
  • Price Per Sq Ft: 703.45
  • Residential Unit Location: No Unit Above, Middle, 2+ common walls
  • SP/ Sq Ft: 703.45
  • Stories: 1 Story
  • Stories In Building: 7
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile, Wood
  • Equipment Available: Dishwasher, Disposal, Dryer, Fire Sprinklers, Microwave, Refrigerator, Washer, Electric Oven, Ice Maker, Gas Cooking
  • Searchable Rooms: Loft
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: Open
  • Full Bathrooms: 2
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 1187
  • Total Bathrooms: 2

Exterior Features

  • Patio: Balcony
  • View: City, Evening Lights, Courtyard

Garage/Parking

  • Garage Details: Assigned, Tandem, Underground
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric
  • Security: Gated Community
  • Sewer/Septic: Sewer Available
  • Water: Available
  • Heating: Forced Air Unit
  • Heating Fuel: Electric
  • Telecommunications: Cable (coaxial), Wired High Speed Internet
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Complex Name: M2i
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 100
  • Total Number of Units: 230
  • Property Management Company: First Service Residential
  • Property Management Phone: 800.428.5588
  • Community: DOWNTOWN
  • Complex Features: BBQ, Exercise Room, Gated Community, Pet Restrictions, Recreation Area
  • Home Owner Association: M2i HOA
  • Home Owner Association Fee Includes: Exterior (Landscaping), Exterior Bldg Maintenance, Gated Community, Hot Water, Limited Insurance, Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 500.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619.255.7682

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 7

Fee Information

  • Total Monthly Fees: 500

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 535-122-23-71
  • Estimated Lot Sq Ft: 19052
  • 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

Closed on
Dec 21, 2023
Sold by
Berthoumieux Marie Rachel
Bought by
Marie Rachel Berthoumieux Living Trust and Berthoumieux
Current Estimated Value
$856,605

Purchase Details

Closed on
Oct 1, 2009
Sold by
Stern William Simon and Nguyen Nancy Thai
Bought by
Hanson Charles K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2005
Sold by
Citymark M2i Llc
Bought by
Stern William Simon and Nguyen Nancy Thai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,720
Interest Rate
6.31%
Mortgage Type
Fannie Mae Freddie Mac
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
Marie Rachel Berthoumieux Living Trust -- None Listed On Document
Hanson Charles K $385,000 Multiple
Stern William Simon $696,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hanson Charles K $288,750
Previous Owner Stern William Simon $556,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $835,000 +10.6% $703 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $755,000 -- $636 / 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 $10,676 $835,000 $499,000 $336,000
2024 $10,676 $857,000 $513,000 $344,000
2023 $9,979 $803,000 $480,000 $323,000
2022 $5,913 $468,287 $121,630 $346,657
2021 $5,865 $459,106 $119,246 $339,860
2020 $5,791 $454,400 $118,024 $336,376
2019 $5,683 $445,491 $115,710 $329,781
2018 $5,316 $436,757 $113,442 $323,315
2017 $5,186 $428,194 $111,218 $316,976
2016 $5,099 $419,799 $109,038 $310,761
2015 $5,020 $413,495 $107,401 $306,094
2014 $4,922 $405,397 $105,298 $300,099
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220008073

San Diego MLS

APN: 535-122-23-71