NOT LISTED FOR SALE

Estimated Value: $522,000 - $580,000

1 Bed
1 Bath
661 Sq Ft
$545/mo HOA Fee

Last Sold March 15, 2021

Last sale price $480,000 $726 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,147/month

33 Days on Market

Highlights

  • Penthouse
  • 3-minute walk to Gaslamp Quarter
  • End Unit
  • RV Garage
  • Updated Kitchen
  • Corner Lot

About This Home

As of March 2021

Deluxe Penthouse in the heart of Downtown. Don't miss this Penthouse unit with Exclusive Designer Upgrades. Features include high ceilings, large windows, leather window coverings, high end wall covering. beautiful chandeliers lights in all the ceilings, custom kitchen with waterfall edge countertops and tile black-splash, upscale appliances, upgraded bathroom. Laundry in unit. Spacious balcony to enjoy views, Well maintain building with secure entry, terrace. Ready to move in.

Last Listed By

Nancy Lozano

Nancy Lozano License #01349019 Listed on: 01/03/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,666

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • End Unit
  • Level Lot

HOA Fees

  • $545 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • RV Garage

Home Design

  • Penthouse
  • Turnkey
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 661 Sq Ft Home
  • Ceramic Tile Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Convection Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Home Security

Additional Features

  • No Interior Steps
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 535-343-15-37

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, roof maintenance, sewer, trash pickup, water
  • 149 Units
  • Trellis Association, Phone Number (858) 550-7900
  • Trellis Community
  • 11-Story Property

Pet Policy

  • Breed Restrictions

Additional Features

  • Community Barbecue Grill
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,666

Year Built

Built in 2005 | Remodeled

Lot Details

0

HOA Fees

$545 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Property Condition: Turnkey, Updated/Remodeled
  • Market Area: Metro Central
  • Cross Street: 5TH AVENUE
  • Neighborhood: GASLAMP
  • LP / Sq Ft: 726.17
  • Price Per Sq Ft: 726.17
  • Residential Unit Location: End Unit, Penthouse
  • SP/ Sq Ft: 726.17
  • Stories: 1 Story
  • Stories In Building: 11
  • Accessibility Features: No Interior Steps
  • 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: 1117
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Pantry, Remodeled Kitchen
  • Flooring: Ceramic Tile
  • Equipment Available: Dishwasher, Dryer, Fire Sprinklers, Garage Door Opener, Microwave, Refrigerator, Washer, Convection Oven, Gas Stove
  • Searchable Rooms: Breakfast Area
  • Total Bedrooms: 1
  • Bedrooms: 1
  • Master Bedroom Dimensions: 11X11
  • Full Bathrooms: 1
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 661
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Stucco
  • Patio: Balcony
  • Roof: Composition
  • Skirting: Unknown

Garage/Parking

  • Parking for RV: Garage
  • Garage Details: Assigned, Underground
  • Garage Spaces: 1
  • Parking Spaces Total: 1

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Available
  • Heating: Forced Air Unit
  • Telecommunications: Cable (coaxial)

Condo/Co-op/Association

  • Complex Name: Trellis
  • Total Fees: 6540.0
  • Units In Building: 149
  • Total Number of Units: 149
  • Community: SAN DIEGO
  • Complex Features: BBQ, Pet Restrictions
  • Home Owner Association: TRELLIS
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Roof Maintenance, Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 545.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-550-7900

Association/Amenities

  • Entry Level Unit: 11

Fee Information

  • Total Monthly Fees: 545

Lot Info

  • Lot Size: 0 (Common Interest)
  • Site: Corner Lot
  • Topography: Level
  • Assessor Parcel Number: 535-343-15-37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2025
Sold by
Mertz Richard Larry and Ming Yang
Bought by
Mertz Family Trust and Mertz
Total Days on Market
33
Current Estimated Value
$549,539

Purchase Details

Listed on
Jan 3, 2021
Closed on
Mar 2, 2021
Sold by
Armo Holdings Llc
Bought by
Mertz Richard Larry and Mertz Ming Yang
Seller's Agent
Nancy Lozano
Nancy Lozano
Buyer's Agent
Richard Mertz
Panoramic Properties
List Price
$480,000
Sold Price
$480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.29%

Purchase Details

Listed on
Dec 7, 2017
Closed on
Dec 14, 2017
Sold by
Gu Ping
Bought by
Hogan Michael J
Seller's Agent
Melissa Tucci
Melissa Goldstein Tucci
Buyer's Agent
Nancy Lozano
Nancy Lozano
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.98%

Purchase Details

Listed on
Dec 7, 2017
Closed on
Dec 13, 2017
Sold by
Hogan Michael J
Bought by
Armo Holdings Llc
Seller's Agent
Melissa Tucci
Melissa Goldstein Tucci
Buyer's Agent
Nancy Lozano
Nancy Lozano
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%

Purchase Details

Listed on
Mar 27, 2014
Closed on
Oct 2, 2014
Sold by
Juliussen Martin C
Bought by
Hogan Michael J
Seller's Agent
Rod Allen
First Team Real Estate
Buyer's Agent
Grace Gu
Grace Gu
List Price
$479,000
Sold Price
$420,000
Premium/Discount to List
-$59,000
-12.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%

Purchase Details

Closed on
Jun 22, 2005
Sold by
Girgis Hany Magdy and Girgis Summer Marie
Bought by
Juliussen Martin C

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
5.47%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 18, 2004
Sold by
Trellis Llc
Bought by
Girgis Hany Magdy and Girgis Summer Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,700
Interest Rate
2%
Mortgage Type
Fannie Mae Freddie Mac

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
Mertz Family Trust -- None Listed On Document
Mertz Richard Larry $480,000 California Title Company
Hogan Michael J -- Lawyers Title Company
Armo Holdings Llc $465,000 Lawyers Title Company
Hogan Michael J $420,000 Western Resources Title Co
Juliussen Martin C $470,000 California Title Company
Girgis Hany Magdy $356,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Juliussen Martin C $300,000
Previous Owner Girgis Hany Magdy $284,700
Closed Girgis Hany Magdy $35,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $480,000 0.0% $726 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
01/30/2021 01/30/21 Off Market $480,000 -- --
01/11/2021 01/11/21 Price Changed $480,000 0.0% $726 / Sq Ft
01/11/2021 01/11/21 For Sale $480,000 0.0% $726 / Sq Ft
01/03/2021 01/03/21 Price Changed $480,000 +1.1% $726 / Sq Ft
01/03/2021 01/03/21 For Sale $475,000 +2.2% $719 / Sq Ft
12/20/2017 12/20/17 Sold $465,000 -2.1% $703 / Sq Ft
12/10/2017 12/10/17 Pending -- -- --
12/07/2017 12/07/17 For Sale $475,000 +13.1% $719 / Sq Ft
10/15/2014 10/15/14 Sold $420,000 -4.3% $635 / Sq Ft
08/08/2014 08/08/14 Price Changed $439,000 -4.4% $664 / Sq Ft
04/25/2014 04/25/14 Price Changed $459,000 -4.2% $694 / Sq Ft
03/27/2014 03/27/14 For Sale $479,000 -- $725 / 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 $6,666 $509,379 $297,138 $212,241
2023 $6,510 $499,392 $291,312 $208,080
2022 $6,329 $489,600 $285,600 $204,000
2021 $6,381 $488,797 $341,633 $147,164
2020 $6,296 $483,786 $338,130 $145,656
2019 $6,175 $474,300 $331,500 $142,800
2018 $5,779 $465,000 $325,000 $140,000
2017 $5,308 $434,932 $103,555 $331,377
2016 $5,213 $426,405 $101,525 $324,880
2015 $5,209 $420,000 $100,000 $320,000
2014 -- $470,000 $124,000 $346,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200054992

San Diego MLS

APN: 535-343-15-37