NOT LISTED FOR SALE

Estimated Value: $1,105,917 - $1,330,000

2 Beds
2 Baths
1,757 Sq Ft
$650/mo HOA Fee

Last Sold September 18, 2012

Last sale price $730,000 $415 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $8,277/month

89 Days on Market

Highlights

  • Penthouse
  • 2-minute walk to Seaport Village
  • Balcony
  • 18,360 Sq Ft lot
  • End Unit
  • 1-minute walk to Pantoja Park

About This Home

As of September 2012

UNBELIEVABLE PRICE REDUCTION One of a kind Penthouse unit in one of the most desirable complexes in downtown San Diego. This unit belonged to the original architect and added upgrades that make this unit unique. Enjoy lovely water views from this southwest facing unit. Entertaining is expanded to the spacious balcony. The 14-foot ceilings adds to this open floor plan, enjoy cooking in this European style gourmet kitchen, Fabulous built-ins that make a custom office, 2 side by side parking spaces Watermark is one of the most desirable buildings in downtown. Lovely open floor plan. Gourmet kitchen with upgraded Stainless Steel Built-ins.

Last Agent to Sell the Property

Caryl Iseman

Associated, REALTORS License #00362417 Listed on: 04/06/2012

Associated, REALTORS

Last Buyer's Agent

Amy Misko

ADN Real Estate Services License #01294202

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,127

Year Built

  • Built in 1992

Lot Details

  • 0.42

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • 1,757 Sq Ft Home
  • Penthouse
  • Stucco Exterior

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Additional Features

  • Balcony
  • End Unit
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 535-700-22-88

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gas, gated community, hot water, limited insurance
  • 96 Units
  • Watermark Homeowners Asso Association, Phone Number (858) 531-1414
  • Watermark Community
  • 5-Story Property

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,127

Year Built

Built in 1992

Lot Details

0

HOA Fees

$650 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Attached Style: Mid Rise
  • Residential Styles: All Other Attached
  • Market Area: Metro Central
  • Cross Street: Market
  • Neighborhood: Marina
  • Supplement: Watermark is one of the most desirable buildings in downtown. Lovely open floor plan. Gourmet kitchen with upgraded Stainless Steel Built-ins.
  • LP / Sq Ft: 426.86
  • Price Per Sq Ft: 415.48
  • Residential Unit Location: No Unit Above, End Unit, Penthouse
  • SP/ Sq Ft: 415.48
  • Stories: 1 Story
  • Stories In Building: 5
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1992
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Fire Sprinklers, Garage Door Opener, Microwave, Range/Oven, Refrigerator, Washer
  • Elevator: Yes
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 16X18
  • Full Bathrooms: 2
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 1757
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Patio: Balcony
  • Three or more Steps To Entry: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric
  • Security: On Site Guard
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: Watermark
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 96
  • Total Number of Units: 96
  • Community: DOWNTOWN
  • Home Owner Association: Watermark Homeowners Asso
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Gas, Gated Community, Hot Water, Limited Insurance
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 650
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-531-1414

Association/Amenities

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

Fee Information

  • Total Monthly Fees: 650

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 535-700-22-88
  • Estimated Lot Sq Ft: 18360
  • Map Code Column: A
  • Map Code Page: 1289
  • Map Code Row: 3

Tax Info

  • Assessor Parcel Number: 650Columbia41692101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2014
Sold by
Villar Hugo and Voukelatos Maria
Bought by
The Villar Voukelatos 1999 Trust
Total Days on Market
89
Current Estimated Value
$1,196,979

Purchase Details

Listed on
Apr 6, 2012
Closed on
Aug 30, 2012
Sold by
State David and State Avis L
Bought by
Villar Hugo and Voukelatos Maria
Seller's Agent
Caryl Iseman
Associated, REALTORS
Buyer's Agent
Amy Misko
ADN Real Estate Services
List Price
$890,000
Sold Price
$730,000
Premium/Discount to List
-$160,000
-17.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.97%
Original Mortgage
$375,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 6, 2012
Closed on
Aug 2, 2012
Sold by
State David and State Avis L
Bought by
State David and State Avis L
Seller's Agent
Caryl Iseman
Associated, REALTORS
Buyer's Agent
Amy Misko
ADN Real Estate Services
List Price
$890,000
Sold Price
$730,000
Premium/Discount to List
-$160,000
-17.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2007
Sold by
State David and State Avis L
Bought by
State David and State Avis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.21%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 22, 2007
Sold by
State David and State Avis L
Bought by
State David and State Avis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.21%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 3, 2004
Sold by
State David and State Avis L
Bought by
State David and State Avis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$733,000
Interest Rate
1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 23, 2004
Sold by
State David and State Avis L
Bought by
State David and State Avis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$687,200
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 16, 2003
Sold by
State David and State Avis L
Bought by
State David and State Avis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2003
Sold by
Butler Ava S and Ping Richard Vernon
Bought by
State David and State Avis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 1999
Sold by
Trust Lorimer David T & G Cecilia Family and Lorimer David T
Bought by
Ping Richard Vernon and Butler Ava S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 1991
Source: Public Records

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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
The Villar Voukelatos 1999 Trust -- None Available
Villar Hugo $730,000 First American Title Ins Co
State David -- None Available
State David -- Accommodation
State David -- Alliance Title Company
State David -- Accommodation
State David -- Alliance Title Company
State David -- --
State David -- Fidelity National Title Co
State David -- Fidelity National Title Co
State David -- Fidelity National Title Co
State David -- Chicago Title Co
State David $859,000 Chicago Title Co
Ping Richard Vernon $570,000 Commonwealth Land Title Co
-- $597,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villar Hugo O $262,500
Closed Villar Hugo $259,875
Closed Villar Hugo $375,000
Previous Owner State David $200,000
Previous Owner State David $780,000
Previous Owner State David $733,000
Previous Owner State David $687,200
Previous Owner State David $650,000
Previous Owner Ping Richard Vernon $100,000
Previous Owner Ping Richard Vernon $456,000
Closed Ping Richard Vernon $54,000
Closed State David $123,100
Closed State David $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2012 09/18/12 Sold $730,000 -2.7% $415 / Sq Ft
07/01/2012 07/01/12 Pending -- -- --
06/25/2012 06/25/12 Price Changed $750,000 -6.3% $427 / Sq Ft
05/24/2012 05/24/12 Price Changed $800,000 -7.0% $455 / Sq Ft
05/07/2012 05/07/12 Price Changed $860,000 -3.4% $489 / Sq Ft
04/03/2012 04/03/12 For Sale $890,000 -- $507 / 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 $11,127 $881,303 $333,126 $548,177
2023 $10,871 $864,024 $326,595 $537,429
2022 $10,573 $847,084 $320,192 $526,892
2021 $10,486 $830,475 $313,914 $516,561
2020 $10,351 $821,961 $310,696 $511,265
2019 $10,156 $805,845 $304,604 $501,241
2018 $9,499 $790,045 $298,632 $491,413
2017 $9,265 $774,555 $292,777 $481,778
2016 $9,109 $759,369 $287,037 $472,332
2015 $8,965 $747,964 $282,726 $465,238
2014 $8,825 $733,313 $277,188 $456,125
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 120017914

San Diego MLS

APN: 535-700-22-88