NOT LISTED FOR SALE

Estimated Value: $955,000 - $1,050,628

2 Beds
2.5 Baths
1,460 Sq Ft
$929/mo HOA Fee

Last Sold November 30, 2023

Last sale price $930,000 $637 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,500/month

53 Days on Market

Highlights

  • Fitness Center
  • 2-minute walk to Seaport Village
  • Gated Community
  • Gated Parking
  • Two Primary Bedrooms
  • 1-minute walk to Pantoja Park

About This Home

As of November 2023

Discover Downtown's hidden gem: welcome to The Watermark. Nestled in the prestigious Marina District, this elegant mid-rise boutique community is now offering a unique opportunity for you to make it your own. Fresh to the resale market, this impeccably maintained residence invites you to experience urban living at its finest. With its pristine condition, this home is a canvas awaiting your creative touch. The versatile layout features dual primary suites, soaring 10-foot ceilings, an abundance of natural light, and a private balcony that captures the first light of dawn. The seamless integration of the living, dining, and kitchen areas creates a dynamic space, perfect for both lavish gatherings and serene daily living. Indulge in the convenience of a spacious utility room equipped with a washer and dryer, accompanied by two dedicated side-by-side parking spaces located conveniently near the elevators. Don't miss the chance to secure this exquisite find – the luxurious Marina District lifestyle is calling your name. Embrace the allure of The Watermark and experience metropolitan living like never before. Watermark is the Marina District's best-kept secret! This charming mid-rise building, covering a full city block, includes just 96 units. Built in 1992 when land cost was less expensive, the developer was able to offer larger-than-average room sizes, full-size/non-tandem parking spaces, spacious hallways, enchanting courtyards on both sides of the building, spacious residences, and a fifth floor reserved solely for amenities. Residents enjoy a well-equipped fitness center, clubroom with full kitchen, plus a rooftop deck with outdoor lounge, BBQ, and dining areas. Sophisticated and elegant, Watermark's boutique size offers a welcome change from the hustle and bustle of the other downtown districts and the crush of the high-rise developments. Located across from Pantoja Park, San Diego's oldest public park, Watermark offers a variety of city skyline views, serene park vistas and some bay views. Come and visit and you will come home to stay!

Last Listed By

Gregg Neuman

Berkshire Hathaway HomeServices California Properties License #00809392 Listed on: 08/20/2023

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,776

Year Built

  • Built in 1992

Lot Details

  • Property is Fully Fenced
  • Level Lot

HOA Fees

  • $929 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gated Parking

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Turnkey
  • Stucco Exterior

Interior Spaces

  • 1,460 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Entryway
  • Family Room Off Kitchen
  • Living Room
  • Dining Area

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

  • Separate Water Meter
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Interior Unit

Listing and Financial Details

  • Assessor Parcel Number 535-700-22-60

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gated community, hot water, limited insurance, roof maintenance, sewer, trash pickup, water
  • 96 Units
  • Watermark HOA, Phone Number (800) 400-2284
  • Watermark Community
  • 5-Story Property

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Recreation Room

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,776

Year Built

Built in 1992

Lot Details

0

HOA Fees

$929 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Attached Style: Mid Rise
  • Residential Styles: All Other Attached
  • Property Condition: Turnkey
  • Market Area: Metro Central
  • Cross Street: G Street
  • Neighborhood: Marina District / Downtown
  • Supplement: Watermark is the Marina District's best-kept secret! This charming mid-rise building, covering a full city block, includes just 96 units. Built in 1992 when land cost was less expensive, the developer was able to offer larger-than-average room sizes, full-size/non-tandem parking spaces, spacious hallways, enchanting courtyards on both sides of the building, spacious residences, and a fifth floor reserved solely for amenities. Residents enjoy a well-equipped fitness center, clubroom with full kitchen, plus a rooftop deck with outdoor lounge, BBQ, and dining areas. Sophisticated and elegant, Watermark's boutique size offers a welcome change from the hustle and bustle of the other downtown districts and the crush of the high-rise developments. Located across from Pantoja Park, San Diego's oldest public park, Watermark offers a variety of city skyline views, serene park vistas and some bay views. Come and visit and you will come home to stay!
  • Estimated Living Space: 1,000 to 1,499 SqFt
  • LP / Sq Ft: 650.62
  • Miscellaneous: Elevators/Stairclimber
  • Price Per Sq Ft: 636.99
  • Residential Unit Location: Middle
  • SP/ Sq Ft: 636.99
  • Stories: 1 Story
  • Stories In Building: 5
  • Accessibility Features: No Interior Steps
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1992
  • A D U Yes No: No
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 312
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Balcony, Bathtub, Crown Moldings, Open Floor Plan, Shower, Shower In Tub, Cathedral-Vaulted Ceiling, Kitchen Open To Family Rm
  • Flooring: Carpet, Tile
  • Sub Flooring: Wood other Story
  • Equipment Available: Dishwasher, Disposal, Dryer, Fire Sprinklers, Garage Door Opener, Microwave, Range/Oven, Refrigerator, Washer, Electric Cooking
  • Elevator: Yes
  • Walls: Drywall
  • Searchable Rooms: Bedroom Entry Level, Dining Area, Master Bdrm 2, MBR Entry Level, Kitchen, Living Room, Master Bedroom, Entry, Laundry, Master Bathroom, Walk-In Closet
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 20x12
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 1460
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Patio: Balcony, Covered
  • View: City, Evening Lights, Neighborhood, City Lights

Garage/Parking

  • Garage Details: Assigned, Attached, Gated, Underground, Community Garage
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric
  • Security: Gated Community, On Site Guard, Resident Manager
  • Sewer/Septic: Sewer Connected, Public Sewer
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Electric
  • Telecommunications: Cable (coaxial)
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Condo/Co-op/Association

  • Complex Name: Watermark
  • Total Fees: 11145.6
  • Pets Allowed: Yes
  • Units In Building: 96
  • Total Number of Units: 96
  • Community: DOWNTOWN
  • Complex Features: BBQ, Clubhouse/Rec Room, Exercise Room, Gated Community
  • Home Owner Association: Watermark HOA
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Gated Community, Hot Water, Limited Insurance, Roof Maintenance, Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 928.8
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 800-400-2284
  • Association Amenities: Club House, Controlled Access, Gym/Ex Room, Barbecue, Rec Multipurpose Room

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 3

Fee Information

  • Total Monthly Fees: 929

Lot Info

  • Lot Size: 0 (Common Interest)
  • Site: Corner Lot, Curbs, Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 535-700-22-60
  • Estimated Lot Sq Ft: 60400
  • Estimated Number of Acres: 1.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2023
Closed on
Nov 30, 2023
Sold by
King J Ritcher Trust
Bought by
Kitajima Sanso Co Ltd
Seller's Agent
Gregg Neuman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Thomas Vajda
Person Realty, Inc.
List Price
$949,900
Sold Price
$930,000
Premium/Discount to List
-$19,900
-2.09%
Total Days on Market
53
Views
422
Current Estimated Value
$998,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,657
Avg. Annual Appreciation
4.96%

Purchase Details

Closed on
Mar 13, 1998
Sold by
Richter King J
Bought by
Richter King J

Purchase Details

Closed on
Dec 10, 1992

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
Kitajima Sanso Co Ltd $930,000 California Title Company
Richter King J -- --
-- $192,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $930,000 -2.1% $637 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
08/20/2023 08/20/23 For Sale $949,900 -- $651 / 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 $11,776 $930,000 $328,507 $601,493
2023 $4,268 $320,743 $113,297 $207,446
2022 $4,148 $314,455 $111,076 $203,379
2021 $4,108 $308,291 $108,899 $199,392
2020 $4,052 $305,131 $107,783 $197,348
2019 $3,972 $299,149 $105,670 $193,479
2018 $3,719 $293,285 $103,599 $189,686
2017 $3,625 $287,535 $101,568 $185,967
2016 $3,560 $281,898 $99,577 $182,321
2015 $3,500 $277,665 $98,082 $179,583
2014 $3,451 $272,227 $96,161 $176,066
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230016230

San Diego MLS

APN: 535-700-22-60