NOT LISTED FOR SALE

Estimated Value: $3,556,000 - $3,874,000

2 Beds
2.5 Baths
3,760 Sq Ft
$2,571/mo HOA Fee

Last Sold December 12, 2014

Last sale price $2,950,000 $785 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $26,378/month

207 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Gated Parking
  • Ocean View
  • Spa
  • 3-minute walk to Pantoja Park

About This Home

As of December 2014

The epitome of luxury and sophistication, this 2 Bedroom 2.5 Bath high rise condominium home is located in one of the most coveted addresses in downtown San Diego...MERIDIAN CONDOMINIUMS. In nearly 4,000 square feet, with high-quality designer details throughout, Residence 1701 offers a rare luxury of space. Enjoy the panoramic views of the sparkling San Diego Bay and dazzling City. With many of downtown San Diego's conveniences just steps from your door, this home is the perfect urban sanctuary.

Last Agent to Sell the Property

Trudy Stambook

Compass License #00694195 Listed on: 05/09/2014

Compass

Last Buyer's Agent

Tracie Kersten

Compass License #01137669

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $43,160

Year Built

  • Built in 1985

Lot Details

  • Level Lot
  • Sprinkler System

HOA Fees

  • $2,571 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Gated Parking
  • Assigned Parking

Property Views

Home Design

  • Contemporary Architecture
  • Stone Exterior Construction

Interior Spaces

  • 3,760 Sq Ft Home
  • Formal Entry
  • Family Room
  • Formal Dining Room
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Retreat
  • Double Master Bedroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Spa
  • Gas Heated Pool

Outdoor Features

  • Balcony
  • Covered patio or porch

Location

  • Interior Unit
  • West of 101 Freeway
  • West of 5 Freeway

Schools

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

Utilities

  • Heat Pump System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 535-053-14-82

Community Details

Overview

  • Association fees include exterior (landscaping), exterior bldg maintenance, gas, hot water, limited insurance, roof maintenance, sewer, termite, trash pickup, water
  • 172 Units
  • Meridian Res. Assoc. Association, Phone Number (619) 696-9777
  • High-Rise Condominium
  • Meridian Condominiums Community
  • 27-Story Property

Amenities

  • Concierge
  • Community Barbecue Grill

Recreation

  • Community Spa
  • Recreational Area

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$43,160

Year Built

Built in 1985

Lot Details

0

HOA Fees

$2,571 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Architectural Style: Contemporary
  • Attached Style: High Rise (5+ Stories)
  • Residential Styles: All Other Attached
  • Market Area: Metro Central
  • Cross Street: Front St, West G St, West F St
  • Neighborhood: Downtown
  • Estimated Living Space: 3,000 to 3,999 SqFt
  • LP / Sq Ft: 930.85
  • Miscellaneous: Elevators/Stairclimber
  • Price Per Sq Ft: 784.57
  • Residential Unit Location: Middle
  • SP/ Sq Ft: 784.57
  • Stories: 1 Story
  • Stories In Building: 27
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1985
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • School District Old: San Diego Unified
  • Unit Number Space Number: 1701
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Fire Sprinklers, Microwave, Range/Oven, Refrigerator, Washer
  • Elevator: Yes
  • Walls: Drywall
  • Searchable Rooms: Bedroom Entry Level, Breakfast Area, Dining Area, Dining Room/Separate, Family Room, Formal Entry, Guest Maid, Master Bdrm 2, Master Retreat, MBR Entry Level, Storage Room
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 20x21
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 3760
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stone
  • Patio: Balcony, Covered, Stone/Tile
  • Pool: Above Ground, Community/Common
  • Pool Heat: Gas
  • Spa: Community/Common, Yes
  • Spa Heat: Gas
  • View: Bay, City, Evening Lights, Panoramic Ocean
  • Three or more Steps To Entry: Yes

Garage/Parking

  • Garage Details: Assigned, Detached, Gated
  • Garage Spaces: 3
  • Parking Spaces Total: 3

Utilities

  • Cooling: Central Forced Air, Heat Pump(s)
  • Laundry Utilities: Electric
  • Security: On Site Guard
  • Sewer/Septic: Sewer Connected
  • Water: Available
  • Water Heater Type: Gas
  • Heating: Combination Heating, Forced Air Unit
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Meridian Condominiums
  • Total Fees: 30852.0
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 172
  • Total Number of Units: 172
  • Property Management Company: MERIDIAN HOA
  • Property Management Phone: 6196969777
  • Community: DOWNTOWN
  • Complex Features: BBQ, Concierge, Exercise Room, Pet Restrictions, Pool, Recreation Area, Sauna, Spa/Hot Tub
  • Home Owner Association: MERIDIAN Res. Assoc.
  • Home Owner Association Fee Includes: Exterior (Landscaping), Exterior Bldg Maintenance, Gas, Hot Water, Limited Insurance, Roof Maintenance, Sewer, Termite, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 2571.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619.696.9777

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 17

Fee Information

  • Total Monthly Fees: 2571

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

  • Irrigation: Sprinklers
  • Lot Size: 0 (Common Interest)
  • Site: Corner Lot, Public Street, Sidewalks, Street Paved, West of I-5, West of 101
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 535-053-14-82
  • Estimated Lot Sq Ft: 59762
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Map Code Column: A
  • Map Code Page: 1289
  • Map Code Row: 3

Multi Family

  • Percentage Owner Occupancy: 95.0

Tax Info

  • Assessor Parcel Number: 700Front170192101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2014
Closed on
Dec 9, 2014
Sold by
Morris Charlotte L
Bought by
Fink Franz Josef
Seller's Agent
Trudy Stambook
Compass
Buyer's Agent
Tracie Kersten
Compass
List Price
$3,500,000
Sold Price
$2,950,000
Premium/Discount to List
-$550,000
-15.71%
Current Estimated Value
$3,659,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$709,281
Avg. Annual Appreciation
2.02%

Purchase Details

Closed on
Mar 14, 2000
Sold by
Bowman Ronald D Trust 11-07-95
Bought by
Morris Thomas L and Morris Valerie J

Purchase Details

Closed on
Jul 27, 1999
Sold by
The Meridian Company Ltd
Bought by
Bowman Ronald D

Purchase Details

Closed on
Feb 8, 1999
Sold by
Crystal Graef and Crystal Sue K
Bought by
Bowman Ronald D

Purchase Details

Closed on
Jul 18, 1997
Sold by
Deshazo Gary M and Deshazo Sharon K
Bought by
Crystal Graef and Crystal Sue K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,850
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 1995
Sold by
Galinson Murray L and Galinson Elaine
Bought by
Deshazo Gary M and Deshazo Sharon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Fink Franz Josef $2,950,000 First American Title
Morris Thomas L -- California Title Company
Bowman Ronald D $10,000 First American Title
Bowman Ronald D $1,365,000 First American Title Ins Co
Crystal Graef $1,174,500 First American Title
Deshazo Gary M $1,250,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franz Josef Fink Revocable Trust $750,000
Open Fink Franz Josef $1,770,000
Previous Owner Crystal Graef $880,850
Previous Owner Deshazo Gary M $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2014 12/12/14 Sold $2,950,000 -15.7% $785 / Sq Ft
12/01/2014 12/01/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $3,500,000 -- $931 / 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 $43,160 $3,545,450 $1,742,680 $1,802,770
2024 $43,160 $3,475,932 $1,708,510 $1,767,422
2023 $42,196 $3,407,777 $1,675,010 $1,732,767
2022 $41,062 $3,340,959 $1,642,167 $1,698,792
2021 $40,760 $3,275,451 $1,609,968 $1,665,483
2020 $40,254 $3,241,866 $1,593,460 $1,648,406
2019 $39,520 $3,178,301 $1,562,216 $1,616,085
2018 $36,948 $3,115,983 $1,531,585 $1,584,398
2017 $36,060 $3,054,886 $1,501,554 $1,553,332
2016 $35,478 $2,994,987 $1,472,112 $1,522,875
2015 $35,023 $2,950,000 $1,450,000 $1,500,000
2014 $41,211 $3,465,792 $1,567,251 $1,898,541
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 140024784

San Diego MLS

APN: 535-053-14-82