NOT LISTED FOR SALE

5472 Adobe Falls Rd Unit 12 San Diego, CA 92120

Del Cerro Neighborhood

Estimated Value: $494,000 - $558,000

3 Beds
2 Baths
1,116 Sq Ft
$400/mo HOA Fee

Last Sold August 09, 2023

Last sale price $530,000 $475 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,942/month

3 Days on Market

Highlights

  • In Ground Pool
  • 8.64 Acre Lot
  • Covered patio or porch
  • Lewis Middle School Rated A-
  • Traditional Architecture
  • Balcony

About This Home

As of August 2023

Property Id: 1270151

$500 MOVE IN SPECIAL!! NEW LIGHTS, FANS, AND MORE INSTALLED! SECTION 8 OK!

Rent includes water, sewer, and trash.

Welcome to your dream condo in the heart of San Diego! This stunning 3-bedroom, 2-bathroom gem awaits you.

With modern amenities like a dishwasher, refrigerator, microwave, and gas stove you'll enjoy effortless living. The condo boasts vaulted ceilings, an updated kitchen and lighting, and a private balcony. Relax in the hot tub or take a dip in the swimming pool. Vaulted ceilings and dedicated off-street parking add to the charm.

Community amenities include laundry facilities, a clubhouse, pool & spa, and onsite management.

This unit is close to trolley stations, shopping, restaurants and SDSU. Additional parking may be available for $50/month.

Cats are allowed, subject to HOA rules. There is an additional monthly charge for cats. Deposit is $2500.

Last Agent to Sell the Property

BILL DERIDDER

Quality First Real Estate License #00633709 Listed on: 06/21/2023

Last Buyer's Agent

Rebecca Zweig

Douglas Elliman of California, Inc. License #01739239

Douglas Elliman of California, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,541

Year Built

  • Built in 1973

Lot Details

  • 9

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

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

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Assigned Parking

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Zoned Heating
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 462-440-15-28

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), trash pickup, clubhouse paid
  • 16 Units
  • Adobe Falls HOA, Phone Number (858) 430-5700
  • Adobe Falls Community

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,541

Year Built

Built in 1973

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Architectural Style: Traditional
  • Residential Styles: All Other Attached
  • Market Area: Metro Uptown
  • Cross Street: Waring Rd
  • Neighborhood: Adobe Falls
  • Supplement: Charming 3 bed/2 bath condo in the highly desirable Adobe Falls community! Top floor unit tucked into the back of the complex. Light and bright, this 2nd floor home has a vaulted ceiling in the living room, a spacious eat-in dining/kitchen with a ceiling fan. The kitchen has gorgeous granite counter tops, stainless steel appliances and recessed lighting. Enjoy relaxing mornings and evenings on the oversized private balcony that has a nice storage closet on it. Community amenities include a pool, spa and clubhouse. Excellent central location close to SDSU, restaurants, coffee shops, freeway and more! Unit comes with 1 assigned parking spot and the current occupants pay $50 per month for a 2nd assigned parking spot.
  • Estimated Living Space: 1,000 to 1,499 SqFt
  • LP / Sq Ft: 456.99
  • Price Per Sq Ft: 474.91
  • SP/ Sq Ft: 474.91
  • Stories: 1 Story
  • Stories In Building: 2
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1973
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 12
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Disposal, Microwave, Refrigerator, Built In Range
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 12X12
  • Full Bathrooms: 2
  • Laundry Location: Community
  • Estimated Sq Ft: 1116
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Patio: Balcony, Covered
  • Pool: Below Ground, Community/Common
  • Roof: Composition, Shingle
  • Spa: Community/Common, Private Below Ground

Garage/Parking

  • Non Garage Parking: Assigned
  • Garage Spaces: 1
  • Parking Spaces Total: 1

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Zoned Areas
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Adobe Falls
  • Total Fees: 4800.0
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 16
  • Total Number of Units: 272
  • Community: DEL CERRO
  • Complex Features: Laundry Facilities, Pet Restrictions, Pool, Spa/Hot Tub
  • Home Owner Association: Adobe Falls HOA
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Trash Pickup, Clubhouse Paid
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 400.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-430-5700

Association/Amenities

  • Entry Level Unit: 2

Fee Information

  • Total Monthly Fees: 400

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 462-440-15-28
  • Estimated Lot Sq Ft: 376152
  • Estimated Number of Acres: 8.64
  • Map Code Column: A
  • Map Code Page: 1250
  • Map Code Row: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Jun 27, 2023
Sold by
Southwick Joseph L and Southw Collette
Bought by
Rekani Aras
Seller's Agent
BILL DERIDDER
Quality First Real Estate
Buyer's Agent
Rebecca Zweig
Douglas Elliman of California, Inc.
List Price
$510,000
Sold Price
$530,000
Premium/Discount to List
$20,000
3.92%
Total Days on Market
3
Views
58
Current Estimated Value
$533,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,842
Avg. Annual Appreciation
0.40%
Original Mortgage
$340,000
Outstanding Balance
$333,445
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$200,397

Purchase Details

Closed on
Nov 12, 2004
Sold by
Southwick Joseph L and Southwick Collette
Bought by
Southwick Joseph L and Southwick Collette T

Purchase Details

Closed on
Apr 2, 2004
Sold by
Perez Augustine B
Bought by
Southwick Joseph L and Southwick Collette

Purchase Details

Closed on
Dec 10, 2001
Sold by
Perez Augustine B and Perez Melissa Raska
Bought by
Perez Augustine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 1998
Sold by
Jewell Tracy E
Bought by
Perez Augustine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 1998
Sold by
Thweatt Robert H and Thweatt Jean C
Bought by
Perez Augustine B and Jewell Tracy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,300
Interest Rate
7.02%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 21, 1994
Sold by
Thweatt Tamara A
Bought by
Thweatt Robert H and Thweatt Jean C

Purchase Details

Closed on
Jun 30, 1989
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 Buyer Sale Price Title Company
Rekani Aras $530,000 Chicago Title
Southwick Joseph L -- --
Southwick Joseph L $304,000 Chicago Title Co
Perez Augustine B -- Fidelity National Title Co
Perez Augustine B -- First American Title Ins Co
Perez Augustine B $75,000 Southland Title
Thweatt Robert H -- --
-- $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rekani Aras $340,000
Previous Owner Southwick Joseph L $238,000
Previous Owner Perez Augustine B $80,000
Previous Owner Perez Augustine B $73,000
Previous Owner Perez Augustine B $72,000
Previous Owner Perez Augustine B $73,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2024 10/07/24 For Rent $3,200 0.0% --
08/09/2023 08/09/23 Sold $530,000 +3.9% $475 / Sq Ft
06/25/2023 06/25/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $510,000 -- $457 / 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 $6,541 $530,000 $313,816 $216,184
2023 $5,120 $415,418 $245,971 $169,447
2022 $4,984 $407,274 $241,149 $166,125
2021 $4,220 $340,000 $195,000 $145,000
2020 $3,966 $320,000 $184,000 $136,000
2019 $3,726 $300,000 $173,000 $127,000
2018 $3,319 $280,000 $162,000 $118,000
2017 $2,837 $240,000 $139,000 $101,000
2016 $2,670 $225,000 $131,000 $94,000
2015 $2,377 $200,000 $117,000 $83,000
2014 $2,269 $190,000 $112,000 $78,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230011846

San Diego MLS

APN: 462-440-15-28