NOT LISTED FOR SALE

5523 Adobe Falls Rd Unit 5 San Diego, CA 92120

Del Cerro Neighborhood

Estimated Value: $519,000 - $636,000

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

Last Sold August 20, 2020

Last sale price $368,000 $330 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,715/month

26 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Living Room
  • Lewis Middle School Rated A-
  • Enclosed Patio or Porch
  • Community Barbecue Grill

About This Home

As of August 2020

Highly Upgraded Ground floor condo in one of the most quiet and private areas of Adobe Falls. The 3 bed 2 bah condo has beautiful laminate flooring throughout, dual pane vinyl windows, new kitchen cabinets, quartz counter tops, a movable island on wheels, new sink/faucet, new appliances including fridge, stove, microwave and dishwasher. The large, bright, living room leads to the enclosed patio. The spacious master bedroom has a large closet and en suite bathroom with new shower doors. Complex has two separate swimming pools and one Jacuzzi pool plus many amenities. Located Minutes to the 8 freeway, Mission Trials & San Diego State University! HOA includes water! Per the sellers, additional parking available at $30/month through the HOA.

Last Agent to Sell the Property

Russell Kochis

LRS Realty and Management, Inc License #01954819 Listed on: 06/16/2020

Last Buyer's Agent

OUT OF AREA

OUT OF AREA License #0

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,742

Year Built

  • Built in 1973

Lot Details

  • 3.77

HOA Fees

  • $380 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Rolled or Hot Mop Roof

Interior Spaces

  • 1,116 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Living Room
  • Dining Area
  • Laminate Flooring

Kitchen

  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System

Additional Features

  • Enclosed Patio or Porch
  • Privacy Fence

Listing and Financial Details

  • Assessor Parcel Number 462-440-14-21

Community Details

Overview

  • Association fees include common area maintenance, limited insurance, roof maintenance
  • 4 Units
  • Adobe Falls HOA, Phone Number (858) 430-5700
  • Adobe Falls Community

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,742

Year Built

Built in 1973

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Metro Uptown
  • Cross Street: Waring
  • Neighborhood: Adobe Falls
  • Supplement: Complex has two separate swimming pools and one Jacuzzi pool plus many amenities. Located Minutes to the 8 freeway, Mission Trials & San Diego State University! HOA includes water! Per the sellers, additional parking available at $30/month through the HOA.
  • LP / Sq Ft: 329.75
  • Price Per Sq Ft: 329.75
  • SP/ Sq Ft: 329.75
  • 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: 5
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate
  • Equipment Available: Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator, Range/Stove Hood, Self Cleaning Oven
  • Searchable Rooms: Dining Area, Kitchen, Living Room, Master Bedroom, All Bedrooms Down, Entry, Master Bathroom
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 13x12
  • Full Bathrooms: 2
  • Laundry Location: Community
  • Estimated Sq Ft: 1116
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Privacy
  • Patio: Enclosed
  • Pool: Community/Common
  • Roof: Rolled/Hot Mop

Garage/Parking

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

Utilities

  • Cooling: Wall/Window
  • Laundry Utilities: Electric
  • Sewer/Septic: Sewer Connected
  • Water: Meter Paid/Not In
  • Heating: Radiant
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Adobe Falls
  • Total Fees: 4560.0
  • Units In Building: 4
  • Total Number of Units: 200
  • Community: DEL CERRO
  • Complex Features: BBQ, Clubhouse/Rec Room, Laundry Facilities, Pool, Spa/Hot Tub
  • Home Owner Association: Adobe Falls HOA
  • Home Owner Association Fee Includes: Common Area Maintenance, Limited Insurance, Roof Maintenance
  • 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 Unit: 1

Fee Information

  • Total Monthly Fees: 380

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 462-440-14-21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Jul 16, 2020
Sold by
Miller Lindsey
Bought by
Avila Alexia
Seller's Agent
Russell Kochis
LRS Realty and Management, Inc
Buyer's Agent
OUT OF AREA
OUT OF AREA
List Price
$365,000
Sold Price
$368,000
Premium/Discount to List
$3,000
0.82%
Current Estimated Value
$556,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,744
Avg. Annual Appreciation
8.49%
Original Mortgage
$294,400
Outstanding Balance
$261,153
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$295,591

Purchase Details

Closed on
Jun 16, 2016
Sold by
Miller Kelly
Bought by
Miller Lindsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,246
Interest Rate
3.61%
Mortgage Type
VA

Purchase Details

Closed on
May 25, 2016
Sold by
Hulott Bret and Hagen Hulitt Lori
Bought by
Miller Lindsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,246
Interest Rate
3.61%
Mortgage Type
VA

Purchase Details

Closed on
Oct 10, 2005
Sold by
Hulitt Bret
Bought by
Hulitt Bret and Hagen Hulitt Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2003
Sold by
Davis Skuyler T
Bought by
Hulitt Bret and Hagen Hulitt Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
5.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 12, 2002
Sold by
Hampe Robert M
Bought by
Davis Skuyler T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 1987
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 Buyer Sale Price Title Company
Avila Alexia $368,000 Ticor Title Company Of Ca
Miller Lindsey -- First American Title Company
Miller Lindsey $244,000 First American Title Company
Hulitt Bret -- --
Hulitt Bret -- First American Title
Hulitt Bret $240,000 New Century Title Company Sa
Davis Skuyler T $175,000 Chicago Title Co
-- $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avila Alexia $294,400
Previous Owner Miller Lindsey $249,246
Previous Owner Hulitt Bret $232,000
Previous Owner Hulitt Bret $36,000
Previous Owner Davis Skuyler T $164,000
Previous Owner Davis Skuyler T $157,500
Previous Owner Hampe Robert M $40,000
Closed Hulitt Bret $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2020 08/20/20 Sold $368,000 +0.8% $330 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $365,000 -- $327 / 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 $4,742 $398,330 $198,280 $200,050
2024 $4,742 $390,521 $194,393 $196,128
2023 $4,636 $382,865 $190,582 $192,283
2022 $4,511 $375,359 $186,846 $188,513
2021 $4,565 $368,000 $183,183 $184,817
2020 $3,278 $264,108 $131,468 $132,640
2019 $3,220 $258,931 $128,891 $130,040
2018 $3,012 $253,855 $126,364 $127,491
2017 $80 $248,879 $123,887 $124,992
2016 $2,670 $225,000 $112,000 $113,000
2015 $2,377 $200,000 $100,000 $100,000
2014 $2,269 $190,000 $95,000 $95,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200027803

San Diego MLS

APN: 462-440-14-21