NOT LISTED FOR SALE

5462 Adobe Falls Rd Unit 1 San Diego, CA 92120

Del Cerro Neighborhood

Estimated Value: $509,379 - $579,000

3 Beds
2 Baths
1,116 Sq Ft
$380/mo HOA Fee

Last Sold December 17, 2019

Last sale price $350,000 $314 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,527/month

10 Days on Market

Highlights

  • Community Pool
  • Laundry Room
  • Radiant Heating System
  • Lewis Middle School Rated A-
  • Wood Siding

About This Home

As of December 2019

An incredible opportunity in Del Cerro's beautiful Adobe Falls community boasting 3BR, 2BA, & 1116 sq ft. Fantastic location close to SDSU, Grantville Trolley Station, shopping, freeway, park & library. 3BR move-in ready unit in private location in complex perfect for investors or a first time home buyer. Additional parking space available at $30 per month. Community has 2 pools, spa, and very active HOA. Don't miss this great opportunity! Property also being offered for rent of $2200 per month. Complex has two separate swimming pools, one Jacuzzi pool and offers many amenities. The rehab construction work was just recently completed for the entire Adobe Falls Complexes with newly planted landscaping and wood siding. There is an on-site HOA management office with a manager who's actually here to help you. Come check out this simply decorated home with great neighbors!. Neighborhoods: Del Cerro Other Fees: 0 Sewer: Sewer Connected Topography: LL

Last Agent to Sell the Property

Steve Ploetz

Realty ONE Group Pacific License #01723732 Listed on: 11/01/2019

Realty ONE Group Pacific

Co-Listed By

Eli Engle

Realty ONE Group Pacific License #01852417

Last Buyer's Agent

ThuAn Waldie

Coldwell Banker Realty License #01992894

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,554

Year Built

  • Built in 1973

Lot Details

  • 8.64

HOA Fees

  • $380 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,116 Sq Ft Home
  • 1-Story Property

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Available
  • Assigned Parking

Utilities

  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 4624401533

Community Details

Overview

  • 272 Units
  • Allegia Association, Phone Number (858) 430-5700
  • Adobe Falls

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,554

Year Built

Built in 1973

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Park Name: Adobe Falls
  • Property Attached: Yes
  • Subdivision Name Other: Del Cerro
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4624401533
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Living Area: 1116.00
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 313.62
  • Room Type: Main Floor Bedroom, All Bedrooms Down

Exterior Features

  • Fence: No
  • Pool Features: Community
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Heating Type: Electric, Radiant
  • Laundry Features: Electric Dryer Hookup, Community

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 380.00
  • Association Fee Frequency: Monthly
  • Association Name: Allegia
  • Phone: 858-430-5700

Multi Family

  • Number Of Units In Community: 272

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Nov 13, 2019
Sold by
Agoura Ridge Llc
Bought by
Armstrong David
Seller's Agent
Steve Ploetz
Realty ONE Group Pacific
Buyer's Agent
ThuAn Waldie
Coldwell Banker Realty
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$528,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,595
Avg. Annual Appreciation
7.28%
Original Mortgage
$357,525
Outstanding Balance
$315,154
Interest Rate
3.7%
Mortgage Type
VA
Estimated Equity
$213,441

Purchase Details

Closed on
Aug 14, 2015
Sold by
Warrior River Llc
Bought by
Agoura Ridge Llc

Purchase Details

Closed on
Mar 26, 2015
Sold by
Cipro John F
Bought by
Warrior River Llc

Purchase Details

Closed on
Oct 23, 2006
Sold by
Cipro John F and Cipro Christopher C
Bought by
Cipro John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
7.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 6, 2001
Sold by
Zale Edward R
Bought by
Cipro John F and Cipro Christopher C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,750
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 1999
Sold by
Zale Maxine V
Bought by
Zale Edward R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,400
Interest Rate
7.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 1996
Sold by
Harwayne Harriet J and Harwayne Harriet J
Bought by
Zale Edward R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Armstrong David -- Lawyers Title
Agoura Ridge Llc $230,000 First American Title Company
Warrior River Llc $187,000 None Available
Cipro John F -- Fidelity National Title Co
Cipro John F $168,000 Equity Title Company
Zale Edward R -- Chicago Title Co
Zale Edward R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong David $357,525
Previous Owner Cipro John F $306,000
Previous Owner Cipro John F $169,750
Previous Owner Zale Edward R $82,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2019 12/17/19 Sold $350,000 0.0% $314 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $350,000 -- $314 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,554 $382,772 $183,065 $199,707
2024 $4,554 $375,268 $179,476 $195,792
2023 $4,452 $367,910 $175,957 $191,953
2022 $4,333 $360,697 $172,507 $188,190
2021 $4,301 $353,625 $169,125 $184,500
2020 $4,335 $350,000 $167,391 $182,609
2019 $3,037 $244,076 $116,732 $127,344
2018 $2,841 $239,292 $114,444 $124,848
2017 $2,773 $234,600 $112,200 $122,400
2016 $2,729 $230,000 $110,000 $120,000
2015 $2,983 $258,587 $121,216 $137,371
2014 -- $253,523 $118,842 $134,681
Source: Public Records

Agents Affiliated with this Home

  • Steve Ploetz

    Seller's Agent in 2019

    Steve Ploetz

    Realty ONE Group Pacific

    (760) 525-5917

    198 Total Sales

    Steve Ploetz
    Section Image
  • Eli Engle

    Seller Co-Listing Agent in 2019

    Eli Engle

    Realty ONE Group Pacific

    (949) 254-1416

    47 Total Sales

    Eli Engle
    Section Image
  • ThuAn Waldie

    Buyer's Agent in 2019

    ThuAn Waldie

    Coldwell Banker Realty

    (858) 733-1522

    2 in this area

    68 Total Sales

    ThuAn Waldie
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190061092

California Regional Multiple Listing Service (CRMLS)

APN: 462-440-15-33

California San Diego County San Diego 92120 Del Cerro

5462 Adobe Falls Rd Unit 1, San Diego, CA

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