NOT LISTED FOR SALE

Estimated Value: $579,000 - $734,000

2 Beds
2 Baths
1,063 Sq Ft
$1,011/mo HOA Fee

Last Sold April 18, 2023

Last sale price $606,000 $570 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,916/month

6 Days on Market

Highlights

  • Fitness Center
  • City Lights View
  • End Unit
  • Gated Community
  • 0.92 Acre Lot
  • Community Pool

About This Home

As of April 2023

Own one of the best units in El Cortez, downtown San Diegos most notable historic hi-rise benefiting from Mills Act designation which offers significant property tax savings! Residing on the 3rd floor w/ large windows on two sides facing west and south, there is always excellent natural light, ocean breezes, gorgeous sunsets, city light views, and even a peek at the Coronado Bridge. No airplane noise on this side of the building! A throw-back to the glamorous 1920s-30s era, the El Cortez exudes Spanish colonial revival exterior and art deco style while the interior of residence 308 features the same period charm w/ modern fixtures and amenities. Extra spacious bedrooms and unique floor plan make this condo feel like a home. Tastefully remodeled kitchen: cabinets/SS appliances/ 2023 induction range-stove/Air Fry/ quartz counters/floor. Updated bathroom vanities and fixtures, wood laminate floors, brand new 2022 closet washer and dryer finish off the space. 1 unassigned pkg spot in secure garage w/ 24/7 valet service. Apply for city permit F for street parking at $9/year. Enjoy the gym/ pool/ spa/ multiple outdoor common areas. Walking distance to Gaslamp quarter/ Little Italy/ and proximal to cruise ship terminal/ airport/ and easy freeway access to beaches and surrounding areas. Classy downtown living at its finest. This is a must see!

Last Listed By

Darin Triolo

Keller Williams Realty License #01376927 Listed on: 03/10/2023

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,969

Year Built

  • Built in 1929

Lot Details

  • End Unit
  • Property is Fully Fenced

HOA Fees

  • $1,011 Monthly HOA Fees

Parking

  • Subterranean Parking

Interior Spaces

  • 1,063 Sq Ft Home
  • Living Room
  • Dining Area

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Home Security

Additional Features

  • West of 5 Freeway
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 534-032-05-27

Community Details

Overview

  • Association fees include common area maintenance, gated community, trash pickup, water
  • 85 Units
  • El Cortez HOA, Phone Number (760) 400-7827
  • High-Rise Condominium
  • El Cortez Community
  • 15-Story Property

Amenities

  • Community Barbecue Grill

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,969

Year Built

Built in 1929

Lot Details

0

HOA Fees

$1,011 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Attached Style: High Rise (5+ Stories)
  • Residential Styles: All Other Attached
  • Market Area: Metro Central
  • Cross Street: 7th Ave.
  • Neighborhood: Cortez Hill
  • Estimated Living Space: 1,000 to 1,499 SqFt
  • LP / Sq Ft: 540.92
  • Miscellaneous: Elevators/Stairclimber
  • Price Per Sq Ft: 570.08
  • Residential Unit Location: End Unit
  • SP/ Sq Ft: 570.08
  • Stories: 1 Story
  • Stories In Building: 15
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1929
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 308
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Sub Flooring: Slab other Story
  • Equipment Available: Dishwasher, Disposal, Dryer, Fire Sprinklers, Microwave, Range/Oven, Refrigerator, Washer, Counter Top
  • Elevator: Yes
  • Walls: Drywall
  • Searchable Rooms: Dining Area, Kitchen, Living Room, Master Bedroom, Master Bathroom
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 17x12
  • Full Bathrooms: 2
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 1063
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Concrete
  • Fencing: Full
  • Pool: Community/Common
  • Spa: Community/Common
  • Spa Heat: Electric
  • View: City, Evening Lights
  • Three or more Steps To Entry: Yes

Garage/Parking

  • Garage Details: Underground
  • Garage Spaces: 1
  • Parking Spaces Total: 1

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric
  • Security: Gated Community, On Site Guard, Fire Sprinklers, Smoke Detector
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: El Cortez
  • Total Fees: 12131.28
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 85
  • Total Number of Units: 85
  • Complex Features: BBQ, Exercise Room, Gated Community, Pet Restrictions, Pool, Spa/Hot Tub
  • Home Owner Association: El Cortez HOA
  • Home Owner Association Fee Includes: Common Area Maintenance, Gated Community, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 1010.94
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 760-400-7827

Association/Amenities

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

Fee Information

  • Total Monthly Fees: 1011

Lot Info

  • Lot Size: 0 (Common Interest)
  • Site: Curbs, Public Street, Sidewalks, Street Paved, West of I-5
  • Topography: Level
  • Zoning: SPECIAL AN
  • Assessor Parcel Number: 534-032-05-27
  • Estimated Lot Sq Ft: 40043
  • Estimated Number of Acres: 0.92
  • Map Code Column: B
  • Map Code Page: 1289
  • Map Code Row: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Mar 22, 2023
Sold by
Lachman Ned J and Lachman Theresa L
Bought by
Future Horizons 2016 Trust
Seller's Agent
Darin Triolo
Keller Williams Realty
Buyer's Agent
Soraya Baloyan
eXp Realty of Southern California, Inc.
List Price
$575,000
Sold Price
$606,000
Premium/Discount to List
$31,000
5.39%
Total Days on Market
6
Views
127
Current Estimated Value
$668,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,334
Avg. Annual Appreciation
4.75%

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jul 20, 2021
Sold by
Kau Ryan Lee and Kau Grace Lee
Bought by
Lachman Ned J and Lachman Theresa L
Seller's Agent
Tim Diamond
Compass
Buyer's Agent
Darin Triolo
Keller Williams Realty
List Price
$537,000
Sold Price
$533,000
Premium/Discount to List
-$4,000
-0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%
Original Mortgage
$426,400
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2016
Closed on
Jul 15, 2016
Sold by
Roth Joseph L
Bought by
Kau Ryan Lee and Kau Grace Lee
Seller's Agent
Tina Dameron
Dwell Well Realty
Buyer's Agent
Gina Drucker
Hill Realty Group
List Price
$549,000
Sold Price
$541,000
Premium/Discount to List
-$8,000
-1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.29%

Purchase Details

Closed on
Feb 1, 2013
Sold by
Department Of Veterans Affairs Of The St
Bought by
Roth Joseph L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
1.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 27, 2004
Sold by
Janopaul Block S D #1 Llc
Bought by
Va

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 20, 2004
Sold by
Va
Bought by
Roth Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving

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
Future Horizons 2016 Trust $606,000 Fidelity National Title
Lachman Ned J -- Ticor Title San Diego Branch
Kau Ryan Lee $541,000 Title 365
Roth Joseph L -- Stewart Title Of California
Va $519,000 Chicago Title Co
Roth Joseph -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lachman Ned J $426,400
Previous Owner Roth Joseph L $190,000
Previous Owner Roth Joseph L $90,000
Previous Owner Va $100,000
Previous Owner Roth Joseph $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2023 04/18/23 Sold $606,000 +5.4% $570 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $575,000 +7.9% $541 / Sq Ft
09/03/2021 09/03/21 Sold $533,000 -0.7% $501 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $537,000 -0.7% $505 / Sq Ft
07/25/2016 07/25/16 Sold $541,000 -1.5% $509 / Sq Ft
07/11/2016 07/11/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $549,000 -- $516 / 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 $1,969 $142,754 $57,101 $85,653
2023 $2,119 $163,159 $48,947 $114,212
2022 $2,705 $213,189 $63,956 $149,233
2021 $3,393 $260,005 $78,001 $182,004
2020 $3,343 $256,846 $77,053 $179,793
2019 $3,196 $245,095 $73,528 $171,567
2018 $3,448 $279,131 $83,739 $195,392
2017 $3,519 $287,026 $86,107 $200,919
2016 $1,782 $145,680 $43,704 $101,976
2015 $1,776 $145,622 $43,686 $101,936
2014 $1,594 $131,384 $39,415 $91,969
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230004529

San Diego MLS

APN: 534-032-05-27