NOT LISTED FOR SALE

Estimated Value: $945,000 - $1,196,000

2 Beds
2 Baths
1,550 Sq Ft
$729/mo HOA Fee

Last Sold April 24, 2014

Last sale price $596,000 $385 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $7,412/month

12 Days on Market

Highlights

  • Gated Community
  • 2-minute walk to Seaport Village
  • Bonus Room
  • 60,395 Sq Ft lot
  • Wood Flooring
  • 2-minute walk to Pantoja Park

About This Home

As of April 2014

A stately low-rise gem of Downtown San Diego, Watermark has it all. A phenomenal location in the Marina District, 24-hour attendant, gated entry, extensive amenities, and lower-than-average HOAs. Unit 219 offers hardwood floors with soaring 10-foot ceilings bathed in warm light and a private covered balcony with southerly exposure. There is also a bonus den/office, a huge walk-in master closet, and a separate laundry room with storage, sink, and side-by-side washer and dryer. See supplement for more! Neighborhoods: Marina District Complex Features: ,,,,, Equipment: Dryer,Fire Sprinklers,Garage Door Opener, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL

Last Agent to Sell the Property

Scott Smerud

Smerud Real Estate, Inc. License #01913576 Listed on: 03/13/2014

Co-Listed By

Alan Hamrick

Real Broker License #01418974

Last Buyer's Agent

Fernando Menezes

Pacific Sotheby's Int'l Realty License #01733985

Pacific Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,154

Year Built

  • Built in 1992

Lot Details

  • 1.39

HOA Fees

  • $729 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Home Design

  • Rolled or Hot Mop Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Home Office
  • Library
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Additional Features

  • Covered patio or porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 655India21992101
  • Assessor Parcel Number 5357002243

Community Details

Overview

  • 96 Units
  • Action Property Mgmt Association, Phone Number (949) 450-0202
  • Watermark

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,154

Year Built

Built in 1992

Lot Details

0

HOA Fees

$729 per month

Parking

1

Listing Details

  • Park Name: Watermark
  • Property Attached: Yes
  • Security: Automatic Gate, Gated Community, Guarded
  • Subdivision Name Other: Downtown
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5357002243
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Living Area: 1550.00
  • Stories: 1
  • Entry Location: 1
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, Dining Room
  • Entry Level: 2
  • Levels: One
  • Price Per Square Foot: 384.52
  • Room Type: Main Floor Bedroom, Bonus Room, Den, Library, Main Floor Master Bedroom, Office

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Covered, Stone
  • Pool Private: No
  • Roof: Composition, Rolled/Hot Mop
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Heating Type: Electric, Forced Air
  • Laundry Features: Electric Dryer Hookup, Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 729.00
  • Association Fee Frequency: Monthly
  • Association Name: Action Property Mgmt
  • Phone: 949-450-0202

Lot Info

  • Lot Size Sq Ft: 60395.00

Multi Family

  • Lot Size Area: 60395.0000 Square Feet
  • Number Of Units In Community: 96

Tax Info

  • Tax Lot: 655India21992101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2014
Closed on
Mar 26, 2014
Sold by
Redfield Dale Arline
Bought by
Smith Loren W and Smith Pamela Huey
Seller's Agent
Scott Smerud
Smerud Real Estate, Inc.
Buyer's Agent
Fernando Menezes
Pacific Sotheby's Int'l Realty
List Price
$596,000
Sold Price
$596,000
Current Estimated Value
$1,081,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$485,288
Avg. Annual Appreciation
5.17%
Original Mortgage
$476,800
Outstanding Balance
$142,260
Interest Rate
3.32%
Mortgage Type
New Conventional
Estimated Equity
$911,361

Purchase Details

Closed on
Sep 23, 2002
Sold by
Albrecht Charlotte Ann
Bought by
Albrecht Charlotte Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 21, 1999
Sold by
Albrecht Charlotte A
Bought by
Albrecht Charlotte Ann

Purchase Details

Closed on
Oct 23, 1992
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
Smith Loren W $596,000 Fidelity National Title Co
Albrecht Charlotte Ann -- First American Title Co
Albrecht Charlotte Ann -- First American Title Co
Albrecht Charlotte Ann -- --
-- $253,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Loren W $476,800
Previous Owner Albrecht Charlotte Ann $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2014 04/24/14 Sold $596,000 0.0% $385 / Sq Ft
03/25/2014 03/25/14 Pending -- -- --
03/13/2014 03/13/14 For Sale $596,000 -- $385 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,154 $730,601 $192,413 $538,188
2024 $9,154 $716,277 $188,641 $527,636
2023 $8,944 $702,234 $184,943 $517,291
2022 $8,700 $688,466 $181,317 $507,149
2021 $8,628 $674,967 $177,762 $497,205
2020 $8,518 $668,047 $175,940 $492,107
2019 $8,358 $654,949 $172,491 $482,458
2018 $7,819 $642,108 $169,109 $472,999
2017 $82 $629,519 $165,794 $463,725
2016 $7,499 $617,177 $162,544 $454,633
2015 $7,381 $607,907 $160,103 $447,804
2014 $1,147 $83,636 $22,027 $61,609
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 140013482

California Regional Multiple Listing Service (CRMLS)

APN: 535-700-22-43