$368,888
SOLD MAY 3, 2023

5510 Adelaide Ave Unit 1 San Diego, CA 92115

El Cerrito Neighborhood
1 Bed
1 Bath
650 Sq Ft
$349/mo HOA Fee

Recently Sold

$568 Per Sq Ft

7% Above List Price

4 Days on Market

Highlights

  • 0.75 Acre Lot
  • Living Room
  • Central Air
  • Community Pool
  • Laundry Room
  • Community Storage Space

About This Home

As of May 2023

Beautiful ground floor condo near San Diego State University. Small gated complex with only 14 units at the end of a quiet cul-de-sac. Beautifully remodeled kitchen with included stainless steel appliances. Oversized stackable washer and dryer in unit, and newer central AC/heat. Perfect for a first-time home buyer or investor looking to collect on a cash flowing college area rental. Minutes away from SDSU, shopping, and restaurants. Complex features a pool and separate storage space is included with the unit.

Last Agent to Sell the Property

Fadi Matti

E Realty License #01940442

E Realty

Co-Listed By

Ramiz Sadek

LPT Realty, Inc. License #02194729

Last Buyer's Agent

Justin Reyes

Black Label License #02039804

Black Label

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,653

Year Built

  • Built in 1959

HOA Fees

  • $349 Monthly HOA Fees

Interior Spaces

  • 650 Sq Ft Home
  • 2-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

  • Central Air
  • No Heating

Additional Features

  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 4720931301
  • $1,000 per year additional tax assessments

Community Details

Overview

  • 14 Units
  • Adelaide Villas HOA, Phone Number (619) 359-3457

Amenities

  • Community Storage Space

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,653

Year Built

Built in 1959

Lot Details

0

HOA Fees

$349 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: R-1:SINGLE
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 4720931301
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 650.00
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 567.52
  • Room Type: Kitchen, Living Room

Exterior Features

  • Fence: No
  • Pool Features: Community
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Storage
  • Association Fee: 349.00
  • Association Fee Frequency: Monthly
  • Association Name: Adelaide Villas HOA
  • Phone: 619-359-3457
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: San Diego Unified

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 32670.00
  • Lot Size Acres: 0.7500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.7500 Acres
  • Number Of Units In Community: 14

Tax Info

  • Tax Tract Number: Unk
  • TaxOtherAnnualAssessmentAmount: 1000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
Apr 10, 2023
Sold by
Alvarez Jorge Armando and Alvarez Diana
Bought by
Manabat Joseph and Manabat Diosdado
Seller's Agent
Fadi Matti
E Realty
Buyer's Agent
Justin Reyes
Black Label
List Price
$345,000
Sold Price
$368,888
Premium/Discount to List
$23,888
6.92%
Total Days on Market
4
Views
89

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%
Original Mortgage
$350,444
Outstanding Balance
$342,227
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$38,836

Purchase Details

Closed on
Aug 20, 2018
Sold by
Velasco Juan Carlos and Kabitskaya Anastasia
Bought by
Alvarez Jorge and Alvarez Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Interest Rate
4.6%
Mortgage Type
FHA

Purchase Details

Closed on
May 16, 2016
Sold by
Velasco Juan C
Bought by
The Velasco Family Revocable Living Trus

Purchase Details

Listed on
Apr 7, 2014
Closed on
Jun 10, 2014
Sold by
Kabitskaya Anastasia
Bought by
Velasco Juan C
Seller's Agent
Jonathon Fields
Keller Williams San Diego Metro
Buyer's Agent
Joyce Boyd
Century 21 Affiliated
List Price
$155,000
Sold Price
$152,000
Premium/Discount to List
-$3,000
-1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%
Original Mortgage
$121,600
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 7, 2014
Closed on
May 21, 2014
Sold by
Escamilla Raphael B
Bought by
Velasco Juan C
Seller's Agent
Jonathon Fields
Keller Williams San Diego Metro
Buyer's Agent
Joyce Boyd
Century 21 Affiliated
List Price
$155,000
Sold Price
$152,000
Premium/Discount to List
-$3,000
-1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2010
Sold by
Fannie Mae
Bought by
Escamilla Raphael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,700
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2009
Sold by
Black Pamela J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 19, 2004
Sold by
5510 Adelaide Llc
Bought by
Resendes Vidalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,320
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2004
Sold by
5510 Adelaide Llc
Bought by
Allen Alishia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,320
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2004
Sold by
5510 Adelaide Llc
Bought by
Tormey Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,320
Interest Rate
5.25%
Mortgage Type
New Conventional

Map

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 $369,000 First American Title
Grant Deed $220,000 Fidelity National Title San
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title
Grant Deed $152,000 First American Title
Interfamily Deed Transfer -- First American Title
Grant Deed $110,000 Old Republic Title Company
Trustee Deed $256,675 Landsafe Title
Grant Deed $283,000 First American Title
Grant Deed $240,000 First American Title
Grant Deed $240,000 First American Title
Grant Deed $220,000 First American Title
Grant Deed $285,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,444 New Conventional
Previous Owner $215,598 FHA
Previous Owner $216,015 FHA
Previous Owner $121,600 New Conventional
Previous Owner $106,700 New Conventional
Previous Owner $207,500 Negative Amortization
Previous Owner $226,320 New Conventional
Previous Owner $191,900 New Conventional
Previous Owner $227,920 New Conventional
Previous Owner $164,992 New Conventional
Previous Owner $191,920 New Conventional
Closed $56,980 No Value Available
Closed $32,998 No Value Available
Closed $47,980 No Value Available
Closed $36,000 No Value Available
Closed $56,580 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 For Sale $399,990 +8.4% $615 / Sq Ft
05/03/2023 05/03/23 Sold $368,888 +6.9% $568 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/30/2023 03/30/23 For Sale $345,000 +56.8% $531 / Sq Ft
11/06/2018 11/06/18 Sold $220,000 -2.2% $338 / Sq Ft
10/12/2018 10/12/18 Pending -- -- --
10/10/2018 10/10/18 For Sale $224,999 0.0% $346 / Sq Ft
10/05/2018 10/05/18 Pending -- -- --
10/02/2018 10/02/18 Price Changed $224,999 -5.9% $346 / Sq Ft
09/14/2018 09/14/18 Price Changed $239,000 -4.0% $368 / Sq Ft
08/24/2018 08/24/18 For Sale $249,000 0.0% $383 / Sq Ft
08/13/2018 08/13/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $249,000 +63.8% $383 / Sq Ft
06/18/2014 06/18/14 Sold $152,000 -1.9% $234 / Sq Ft
05/04/2014 05/04/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $155,000 -- $238 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,653 $376,265 $168,837 $207,428
2023 $2,835 $235,880 $105,844 $130,036
2022 $2,758 $231,256 $103,769 $127,487
2021 $2,738 $226,723 $101,735 $124,988
2020 $2,704 $224,399 $100,692 $123,707
2019 $2,654 $220,000 $98,718 $121,282
2018 $1,954 $163,756 $73,480 $90,276
2017 $1,907 $160,546 $72,040 $88,506
2016 $1,876 $157,399 $70,628 $86,771
2015 $1,849 $155,036 $69,568 $85,468
2014 $1,394 $115,827 $51,974 $63,853
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2301428

California Regional Multiple Listing Service (CRMLS)

APN: 472-093-13-01