NOT LISTED FOR SALE

Estimated Value: $1,413,765

3 Beds
2.5 Baths
1,810 Sq Ft
$789/mo HOA Fee

Last Sold July 11, 2019

Last sale price $1,200,000 $663 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $10,046/month

23 Days on Market

Highlights

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

About This Home

As of July 2019

Rare opportunity! This gorgeous, newly updated top-floor pied-à-terre presents a stunning lifestyle seldom found in a Downtown condo. Bright southeast exposure, soaring 15-foot ceilings, and large windows in the living area welcome you. La Cantina folding doors offer a seamless transition to the expansive outdoor patio with vibrant city and bay views. Complete update includes fresh paint, cabinetry, artful details, and luxury finishes found throughout. This property you will need to experience to believe! Extensively remodeled and recently updated, this extraordinary home has been transformed to offer true functionality and style, plus a feeling of peace and tranquility from the bustling city below. Revel in pure white marble floors, a contemporary color palette, motorized window shades in the living area, custom crown moldings, decorative ceiling medallions and detailing, art niches, an ambient fireplace with a custom mantel, bronze and alabaster chandeliers, and upgraded Jeld-Wen windows and doors. Fabulous folding panel doors invite you onto the huge private balcony with fiberglass planters and the opportunity for easy indoor/outdoor living. The kitchen has been newly updated with custom cabinetry with soft-close drawers and doors. The kitchen has also been expanded and features Dacor and Thermador appliances, quartz counters, additional storage, plus a glass eat-at bar ideal for casual dining. Retreat to the master suite complete with elegant crown molding, blackout shades, soffit lighting, a walk-in closet, and en-suite bath with a new dual vanity, lighting and mirrors, Italian porcelain wall tiles, a walk-in shower, and a separate soaking tub. The second bedroom en-suite bath and powder room have also been updated with cabinetry, fixtures, and mirrors. The level of detail is extraordinary! Complete with a brand new LG washer and dryer, this home is awaiting your move in. Don’t miss this rare opportunity! 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 and dining areas, plus a barbecue. 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. For $15.00 a day, you can visit the Manchester Grand Hyatt across the road and enjoy access to the gym, pool, spa, and business center. Come and visit and you will come home to stay! BR#3 has no closet.

Last Listed By

Gregg Neuman

Berkshire Hathaway HomeServices California Properties License #00809392 Listed on: 05/17/2019

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,111

Year Built

  • Built in 1992 | Remodeled

Lot Details

  • End Unit
  • Level Lot

HOA Fees

  • $789 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking

Property Views

  • City Lights
  • Views of a landmark
  • Neighborhood

Home Design

  • Penthouse
  • Turnkey
  • Stucco Exterior

Interior Spaces

  • 1,810 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Entryway
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Separate Water Meter
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Living Room Balcony

Listing and Financial Details

  • Assessor Parcel Number 535-700-22-87

Community Details

Overview

  • Association fees include common area maintenance, exterior bldg maintenance, gated community, sewer, trash pickup
  • 96 Units
  • Action Association, Phone Number (800) 400-2284
  • Watermark Community
  • 5-Story Property

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,111

Year Built

Built in 1992 | Remodeled

Lot Details

0

HOA Fees

$789 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Attached Style: Mid Rise
  • Residential Styles: All Other Attached
  • Property Condition: Turnkey, Updated/Remodeled
  • Market Area: Metro Central
  • Cross Street: G & Market
  • Neighborhood: Marina District / Downtown
  • Supplement: Extensively remodeled and recently updated, this extraordinary home has been transformed to offer true functionality and style, plus a feeling of peace and tranquility from the bustling city below. Revel in pure white marble floors, a contemporary color palette, motorized window shades in the living area, custom crown moldings, decorative ceiling medallions and detailing, art niches, an ambient fireplace with a custom mantel, bronze and alabaster chandeliers, and upgraded Jeld-Wen windows and doors. Fabulous folding panel doors invite you onto the huge private balcony with fiberglass planters and the opportunity for easy indoor/outdoor living. The kitchen has been newly updated with custom cabinetry with soft-close drawers and doors. The kitchen has also been expanded and features Dacor and Thermador appliances, quartz counters, additional storage, plus a glass eat-at bar ideal for casual dining. Retreat to the master suite complete with elegant crown molding, blackout shades, soffit lighting, a walk-in closet, and en-suite bath with a new dual vanity, lighting and mirrors, Italian porcelain wall tiles, a walk-in shower, and a separate soaking tub. The second bedroom en-suite bath and powder room have also been updated with cabinetry, fixtures, and mirrors. The level of detail is extraordinary! Complete with a brand new LG washer and dryer, this home is awaiting your move in. Don’t miss this rare opportunity! 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 and dining areas, plus a barbecue. 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. For $15.00 a day, you can visit the Manchester Grand Hyatt across the road and enjoy access to the gym, pool, spa, and business center. Come and visit and you will come home to stay! BR#3 has no closet.
  • Estimated Living Space: 1,500 to 1,999 SqFt
  • LP / Sq Ft: 718.18
  • Price Per Sq Ft: 662.98
  • Residential Unit Location: No Unit Above, End Unit, Penthouse
  • SP/ Sq Ft: 662.98
  • Stories: 1 Story
  • Stories In Building: 5
  • Accessibility Features: No Interior Steps
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1992
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 415
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Balcony, Bathtub, Crown Moldings, High Ceilings (9 Feet+), Living Room Balcony, Open Floor Plan, Shower, Shower In Tub, Cathedral-Vaulted Ceiling
  • Flooring: Tile, Marble
  • Sub Flooring: Wood other Story
  • Equipment Available: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Elevator: Yes
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Walls: Drywall
  • Searchable Rooms: Bedroom Entry Level, Dining Area, MBR Entry Level, Kitchen, Living Room, Master Bedroom, Entry, Laundry, Master Bathroom, Walk-In Closet
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 15x13
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 1810
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Patio: Balcony
  • View: City, Evening Lights, Landmark, Neighborhood, City Lights

Garage/Parking

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

Utilities

  • Cooling: Central Forced Air
  • Security: Gated Community
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Telecommunications: Cable (coaxial)
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected

Condo/Co-op/Association

  • Complex Name: Watermark
  • Total Fees: 9467.76
  • Pets Allowed: Yes
  • Units In Building: 96
  • Total Number of Units: 96
  • Community: DOWNTOWN
  • Complex Features: BBQ, Clubhouse/Rec Room, Exercise Room
  • Home Owner Association: Action
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior Bldg Maintenance, Gated Community, Sewer, Trash Pickup
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 788.98
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 800-400-2284
  • Association Amenities: Club House, Controlled Access, Gym/Ex Room, Barbecue, Security

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 4

Fee Information

  • Total Monthly Fees: 789

Lot Info

  • Lot Size: 0 (Common Interest)
  • Site: Corner Lot, Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 535-700-22-87
  • Estimated Lot Sq Ft: 60400
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 1.39
  • Map Code Column: A
  • Map Code Page: 1289
  • Map Code Row: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Jun 12, 2019
Sold by
Walker Rena M
Bought by
Prasad Rana
Seller's Agent
Gregg Neuman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Prem Advani
Compass
List Price
$1,299,900
Sold Price
$1,200,000
Premium/Discount to List
-$99,900
-7.69%
Total Days on Market
23
Current Estimated Value
$1,413,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,765
Avg. Annual Appreciation
2.82%
Original Mortgage
$690,000
Outstanding Balance
$610,598
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$803,167

Purchase Details

Closed on
Apr 26, 1996
Sold by
Kent Christine
Bought by
Kent Vern I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 1996
Sold by
Keith Jack and Keith Anne A
Bought by
Keith Jack and Keith Anne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 1996
Sold by
Keith Jack and Keith Anne A
Bought by
Walker Rena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 1993

Range of Values:

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Average Value
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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
Prasad Rana $1,200,000 California Title Company
Kent Vern I -- --
Keith Jack -- Orange Coast Title Company
Keith Jack -- Orange Coast Title Company
Walker Rena M $399,000 Orange Coast Title
-- $304,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prasad Rana $690,000
Previous Owner Walker Rena M $250,000
Previous Owner Walker Rena M $200,000
Previous Owner Walker Rena M $80,000
Previous Owner Keith Jack $270,000
Previous Owner Walker Rena M $319,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2019 07/11/19 Sold $1,200,000 -7.7% $663 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $1,299,900 -- $718 / 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 $16,111 $1,286,639 $750,540 $536,099
2023 $15,745 $1,261,412 $735,824 $525,588
2022 $15,318 $1,236,680 $721,397 $515,283
2021 $15,198 $1,212,432 $707,252 $505,180
2020 $15,092 $1,200,000 $700,000 $500,000
2019 $7,554 $594,184 $234,544 $359,640
2018 $7,148 $582,535 $229,946 $352,589
2017 $82 $571,114 $225,438 $345,676
2016 $6,853 $559,917 $221,018 $338,899
2015 $6,744 $551,508 $217,699 $333,809
2014 $6,640 $540,706 $213,435 $327,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 190027297

San Diego MLS

APN: 535-700-22-87