$185,000
SOLD JUN 17, 2013

5482 Adobe Falls Rd Unit 16 San Diego, CA 92120

Del Cerro Neighborhood
3 Beds
2 Baths
1,116 Sq Ft
$340/mo HOA Fee

Recently Sold

$166 Per Sq Ft

7% Below List Price

27 Days on Market

Highlights

  • 13.05 Acre Lot
  • Lewis Middle School Rated A-
  • Level Lot

About This Home

As of July 2017

Not a short sale or REO. Can close quick! VERY RARE 3bedroom condo for less than $200k!!! With very little available on the market, this is one of the FEW DEALS LEFT!!!! It has a separate dining room, large living room, plenty of kitchen cabinets, and outside storage. VERY CENTRAL location, close to SDSU and the freeway. DON'T DELAY, there are more buyers than properties available and prices are going up fast!!!

Last Agent to Sell the Property

Paul Martins

Paul Martins, Broker License #01888721 Listed on: 05/15/2013

Last Buyer's Agent

Meiling Davis

88 Realty License #01757278

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,919

Year Built

  • Built in 1973

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,116 Sq Ft Home
  • 2-Story Property
  • Gas Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • Association fees include common area maintenance, sewer, trash pickup, water
  • 16 Units
  • Menas Realty Association, Phone Number (858) 270-7870
  • Adobe Falls Community

Listing and Financial Details

  • Assessor Parcel Number 462-440-15-16

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,919

Year Built

Built in 1973

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Metro Uptown
  • Cross Street: Waring Rd.
  • Neighborhood: Adobe Falls
  • LP / Sq Ft: 178.32
  • Price Per Sq Ft: 165.77
  • SP/ Sq Ft: 165.77
  • Stories: 2 Story
  • Stories In Building: 2
  • Ownership: Condominium
  • Total Stories: 2
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Microwave, Range/Oven, Refrigerator
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 12x12
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1116
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces Total: 1

Utilities

  • Cooling: Wall/Window
  • Laundry Utilities: Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Wall/Gravity
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: Adobe Falls
  • Units In Building: 16
  • Total Number of Units: 272
  • Community: DEL CERRO
  • Home Owner Association: Menas Realty
  • Home Owner Association Fee Includes: Common Area Maintenance, Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 340
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-270-7870

Association/Amenities

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

Fee Information

  • Total Monthly Fees: 340

Lot Info

  • Lot Size: 1-3,999 SF
  • Topography: Level
  • Assessor Parcel Number: 462-440-15-16
  • Estimated Lot Sq Ft: 568458
  • Estimated Number of Acres: 13.05
  • Map Code Column: B
  • Map Code Page: 1250
  • Map Code Row: 7

Tax Info

  • Assessor Parcel Number: 5482AdobeFalls1692120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2023
Sold by
Florendo Michael A and Florendo Lourdelisa V
Bought by
Florendo Family Trust
Current Estimated Value
$528,289

Purchase Details

Listed on
May 24, 2017
Closed on
Jun 7, 2017
Sold by
Davis Meiling
Bought by
Florendo Michael A and Florendo Lourdelisa V
Seller's Agent
Meiling Davis
88 Realty
Buyer's Agent
MaryAnn Oliveira
Tomea, Inc.
List Price
$290,000
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$281,300
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2014
Sold by
Davis Meiling
Bought by
Davis Meiling

Purchase Details

Listed on
May 15, 2013
Closed on
Jun 13, 2013
Sold by
Baral & Wheat Investments Inc
Bought by
Davis Melling
Seller's Agent
Paul Martins
Paul Martins, Broker
Buyer's Agent
Meiling Davis
88 Realty
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%

Purchase Details

Closed on
Jul 17, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Baral & Wheat Investments Inc

Purchase Details

Closed on
Nov 26, 2007
Sold by
Khalil Hussein H
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Apr 23, 2001
Sold by
Annis Marc E and Annis Florence N
Bought by
Khalil Hussein H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 1989

Purchase Details

Closed on
May 27, 1983
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 Type Sale Price Title Company
Grant Deed -- --
Grant Deed $290,000 Lawyers Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $185,000 Lawyers Title Company
Grant Deed $175,000 Landsafe Title
Trustee Deed $236,475 Landsafe Title
Grant Deed $133,000 First American Title
Deed $70,000 --
Deed $69,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $281,300 New Conventional
Previous Owner $11,252 Negative Amortization
Previous Owner $10,150 Negative Amortization
Previous Owner $73,400 Stand Alone Second
Previous Owner $281,600 Unknown
Previous Owner $70,400 Stand Alone Second
Previous Owner $54,000 Credit Line Revolving
Previous Owner $192,000 Unknown
Previous Owner $48,000 Unknown
Previous Owner $187,250 Unknown
Previous Owner $69,500 Stand Alone Second
Previous Owner $61,868 Stand Alone Second
Previous Owner $106,400 Purchase Money Mortgage
Closed $26,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2017 07/31/17 Sold $290,000 0.0% $260 / Sq Ft
06/01/2017 06/01/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $290,000 +56.8% $260 / Sq Ft
06/17/2013 06/17/13 Sold $185,000 -7.0% $166 / Sq Ft
06/10/2013 06/10/13 Pending -- -- --
05/14/2013 05/14/13 For Sale $199,000 -- $178 / 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 $3,919 $329,964 $178,360 $151,604
2024 $3,919 $323,495 $174,863 $148,632
2023 $3,831 $317,153 $171,435 $145,718
2022 $3,727 $310,935 $168,074 $142,861
2021 $3,700 $304,839 $164,779 $140,060
2020 $3,655 $301,714 $163,090 $138,624
2019 $3,588 $295,799 $159,893 $135,906
2018 $3,354 $290,000 $156,758 $133,242
2017 $2,325 $196,289 $106,103 $90,186
2016 $2,288 $192,441 $104,023 $88,418
2015 $2,254 $189,551 $102,461 $87,090
2014 $2,220 $185,839 $100,454 $85,385
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 130024763

San Diego MLS

APN: 462-440-15-16