NOT LISTED FOR SALE

5482 Adobe Falls Rd Unit 14 San Diego, CA 92120

Del Cerro Neighborhood

Estimated Value: $491,000 - $516,000

2 Beds
2 Baths
1,144 Sq Ft
$380/mo HOA Fee

Last Sold August 31, 2015

Last sale price $222,500 $194 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $3,448/month

3 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Breakfast Area or Nook
  • Lewis Middle School Rated A-
  • Retreat
  • Balcony

About This Home

As of August 2015

Welcome to Adobe Falls, a nice little community nestled in Del Cerro, just minutes to SDSU and downtown. This 2nd story two-bedroom, two-bath condo has updated windows, new carpeting, refreshed bathrooms, and private balcony. It also sits on the quieter side of the enclave and on a cul-de-sac. The community itself offers a pool, recreation room, BBQ area, playground, and laundry facilities. It is also nearing completion of an exterior and landscaping remodel. As you know, these condos don't last! Parking space is 230. Buyers and buyers' agent to verify and approve all data, records, reports, inspections, title, CC&Rs, MLS, and all information pertaining to property prior to contingency removal or close of escrow.

Last Agent to Sell the Property

Ryan Ahearn

Palisade Realty Inc License #01878842 Listed on: 07/07/2015

Palisade Realty Inc

Last Buyer's Agent

Jose Ruiz

1st. United Realty License #01465140

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,117

Year Built

  • Built in 1973

Lot Details

  • Cul-De-Sac
  • Irrigation

HOA Fees

  • $380 Monthly HOA Fees

Home Design

  • Patio Home
  • Composition Roof

Interior Spaces

  • 1,144 Sq Ft Home
  • 2-Story Property
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Retreat
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Water Meter
  • Water Heater
  • Prewired Cat-5 Cables

Listing and Financial Details

  • Assessor Parcel Number 462-440-15-14

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, hot water, roof maintenance, sewer, trash pickup, water
  • 16 Units
  • Alegis Association, Phone Number (858) 430-5700
  • Adobe Falls Community

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,117

Year Built

Built in 1973

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Attached Style: Patio/Garden
  • Residential Styles: All Other Attached
  • Market Area: Metro Uptown
  • Cross Street: Waring
  • Neighborhood: Adobe Falls
  • Supplement: Parking space is 230. Buyers and buyers' agent to verify and approve all data, records, reports, inspections, title, CC&Rs, MLS, and all information pertaining to property prior to contingency removal or close of escrow.
  • Estimated Living Space: 1,000 to 1,499 SqFt
  • LP / Sq Ft: 192.31
  • Price Per Sq Ft: 194.49
  • Residential Unit Location: No Unit Above
  • SP/ Sq Ft: 194.49
  • Stories: 1 Story
  • Stories In Building: 2
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1973
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 14
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Laminate
  • Sub Flooring: Slab other Story
  • Equipment Available: Dishwasher, Range/Oven
  • Walls: Drywall
  • Searchable Rooms: Bedroom Entry Level, Breakfast Area, Dining Area, Master Retreat, MBR Entry Level
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 12x12
  • Full Bathrooms: 2
  • Laundry Location: Community
  • Estimated Sq Ft: 1144
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Wood/Stucco
  • Patio: Balcony
  • Pool: Below Ground, Community/Common
  • Roof: Composition
  • Three or more Steps To Entry: Yes

Garage/Parking

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

Utilities

  • Cooling: Wall/Window
  • Laundry Utilities: Electric
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Electric
  • Heating: Forced Air Unit
  • Heating Fuel: Electric
  • Telecommunications: Computer (cat5)

Condo/Co-op/Association

  • Complex Name: Adobe Falls
  • Total Fees: 4560.0
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 16
  • Total Number of Units: 272
  • Community: DEL CERRO
  • Complex Features: BBQ, Clubhouse/Rec Room, Laundry Facilities, Pet Restrictions, Playground, Pool
  • Home Owner Association: Alegis
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Hot Water, Roof Maintenance, Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 380.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-430-5700

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 2

Fee Information

  • Total Monthly Fees: 380

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Irrigation: Manual
  • Lot Size: 0 (Common Interest)
  • Site: Cul-De-Sac, Curbs, Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R1
  • Assessor Parcel Number: 462-440-15-14
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Map Code Column: B
  • Map Code Page: 1250
  • Map Code Row: 7

Multi Family

  • Percentage Owner Occupancy: 36.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2021
Sold by
Sankar Johanna Vashti and Sankar Marquez Johanna
Bought by
Sankar Johanna Vashti
Current Estimated Value
$504,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,500
Outstanding Balance
$191,729
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$324,469

Purchase Details

Listed on
Jul 7, 2015
Closed on
Jul 23, 2015
Sold by
Dorn Richard Ranger and Dorn Linda Carole
Bought by
Sankar Marquez Johanna Vashti
Seller's Agent
Ryan Ahearn
Palisade Realty Inc
Buyer's Agent
Jose Ruiz
1st. United Realty
List Price
$220,000
Sold Price
$222,500
Premium/Discount to List
$2,500
1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%
Original Mortgage
$20,000
Interest Rate
3.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 19, 2013
Sold by
Dorn Richard Ranger and Dorn Linda Carole
Bought by
Dorn Richard Ranger and Dorn Linda Carole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,875
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2012
Sold by
Dorn Richard Ranger and Dorn Linda
Bought by
Dorn Richard Ranger and Dorn Linda Carole

Purchase Details

Closed on
Apr 25, 2008
Sold by
The Bank Of New York
Bought by
Dorn Richard Ranger and Dorn Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2008
Sold by
Gardner Dequasiashaah Ruthlethia
Bought by
The Bank Of New York

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2005
Sold by
Merrifield Frank E and Merrifield Donna J
Bought by
Gardner Dequasiasharah Ruthlethia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,300
Interest Rate
5.2%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 18, 1994
Sold by
Merrifield Kristine Ann
Bought by
Merrifield Frank E and Merrifield Donna J

Purchase Details

Closed on
Aug 3, 1990

Purchase Details

Closed on
Jul 14, 1988
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
Sankar Johanna Vashti -- Fidelity Natl Ttl San Diego
Sankar Marquez Johanna Vashti $222,500 First American Title Company
Dorn Richard Ranger -- None Available
Dorn Richard Ranger -- Tsi
Dorn Richard Ranger -- None Available
Dorn Richard Ranger -- Ticor Title
The Bank Of New York $175,000 Southland Title
Gardner Dequasiasharah Ruthlethia $331,500 United Title Company
Merrifield Frank E -- --
-- $73,500 --
-- $63,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sankar Johanna Vashti $209,500
Closed Sankar Marquez Johanna Vashti $20,000
Closed Sankar Marquez Johanna Vashti $37,825
Closed Sankar Marquez Johanna Vashti $144,675
Previous Owner Dorn Richard Ranger $144,875
Previous Owner Dorn Richard Ranger $153,000
Previous Owner Gardner Dequasiasharah Ruthlethia $66,300
Previous Owner Gardner Dequasiasharah Ruthlethia $265,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2015 08/31/15 Sold $222,500 +1.1% $194 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $220,000 -- $192 / 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 $3,117 $258,223 $127,661 $130,562
2023 $3,047 $253,160 $125,158 $128,002
2022 $2,964 $248,197 $122,704 $125,493
2021 $2,942 $243,332 $120,299 $123,033
2020 $2,906 $240,838 $119,066 $121,772
2019 $2,853 $236,117 $116,732 $119,385
2018 $2,667 $231,489 $114,444 $117,045
2017 $2,602 $226,950 $112,200 $114,750
2016 $2,559 $222,500 $110,000 $112,500
2015 $2,260 $190,000 $84,000 $106,000
2014 $2,269 $190,000 $84,000 $106,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 150037053

San Diego MLS

APN: 462-440-15-14