$395,000
SOLD SEP 5, 2018
1 Bed
1 Bath
680 Sq Ft
$671/mo HOA Fee

Recently Sold

$581 Per Sq Ft

1% Below List Price

5 Days on Market

Highlights

  • Fitness Center
  • Bay View
  • Updated Kitchen
  • In Ground Pool
  • Gated Community
  • 0.92 Acre Lot

About This Home

As of May 2022

Highest Quality design and remodel: Modern, sleek and immaculate with remarkable views in an iconic historic gem. Renowned architect/designer captured the light, dramatic views and sophistication with beautifully matched 'white oak' cabinetry, white slab counters and walls paired with the dark bamboo flooring throughout. Generous, sumptuous master features wall detail and extra closet space. Free Webpass. Mills Act in place and transfers to new owner for huge property tax savings. Call LA for details. De Bartolo and Rimanic performed the HGTV worthy make-over on this wonderful home. They didn't miss a thing. The colors are perfect to enhance space and calm while not detracting from the beautiful views. Planned and executed to maximize cross breezes and sunsets. The small footprint doesn't tell the story, with the full wall bench seating and storage, you can easily host friends and your treasures. Everything from the bathroom tile, lighting, custom barn door detail, mirrored kitchen backsplash and hand selected furnishings add up to a great big WOW! Perfect place to end the day or use as a second home. Mills Act: Reduced Property Tax Assessment for Historic Properties. Granted to individual owners. This home has it in place for property tax reductions that offset a significant portion of the HOA dues. HOA covers Webpass high speed internet for individual units. El Cortez is a historic building known for it's long history of being the place for life's milestones. In it's heyday, as a hotel, the bar was the IT spot for anyone and everyone and long time San Diegans all have stories of trips in the glass elevator to the Starlight Room. With a long list of famous guests including film stars and Presidents, The El Cortez should be a part of your story too.

Last Agent to Sell the Property

Tina Dameron

Dwell Well Realty License #00992637 Listed on: 07/27/2018

Last Buyer's Agent

Laura Lothian

eXp Realty of Southern California, Inc. License #01362585

eXp Realty of Southern California, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,457

Year Built

  • Built in 1929

Lot Details

  • End Unit
  • Partially Fenced Property
  • Gentle Sloping Lot

HOA Fees

  • $671 Monthly HOA Fees

Parking

  • Subterranean Parking

Property Views

  • Bay
  • Panoramic

Home Design

  • Turnkey
  • Rolled or Hot Mop Roof
  • Stucco Exterior

Interior Spaces

  • 680 Sq Ft Home
  • Furnished
  • Built-In Features

Kitchen

  • Updated Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Home Security

Additional Features

  • No Interior Steps
  • In Ground Pool

Listing and Financial Details

  • Assessor Parcel Number 534-032-05-42

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gas, gated community, hot water, limited insurance, roof maintenance, sewer, trash pickup, water
  • 85 Units
  • El Cortez Owners Assoc. Association, Phone Number (619) 241-2263
  • High-Rise Condominium
  • El Cortez Community
  • Property Manager
  • 15-Story Property

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Controlled Access
  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,457

Year Built

Built in 1929

Lot Details

0

HOA Fees

$671 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Attached Style: High Rise (5+ Stories)
  • Residential Styles: All Other Attached
  • Property Condition: Turnkey
  • Market Area: Metro Central
  • Cross Street: 7th Ave
  • Neighborhood: Cortez Hill
  • Supplement: De Bartolo and Rimanic performed the HGTV worthy make-over on this wonderful home. They didn't miss a thing. The colors are perfect to enhance space and calm while not detracting from the beautiful views. Planned and executed to maximize cross breezes and sunsets. The small footprint doesn't tell the story, with the full wall bench seating and storage, you can easily host friends and your treasures. Everything from the bathroom tile, lighting, custom barn door detail, mirrored kitchen backsplash and hand selected furnishings add up to a great big WOW! Perfect place to end the day or use as a second home. Mills Act: Reduced Property Tax Assessment for Historic Properties. Granted to individual owners. This home has it in place for property tax reductions that offset a significant portion of the HOA dues. HOA covers Webpass high speed internet for individual units. El Cortez is a historic building known for it's long history of being the place for life's milestones. In it's heyday, as a hotel, the bar was the IT spot for anyone and everyone and long time San Diegans all have stories of trips in the glass elevator to the Starlight Room. With a long list of famous guests including film stars and Presidents, The El Cortez should be a part of your story too.
  • LP / Sq Ft: 583.82
  • Price Per Sq Ft: 580.88
  • Residential Unit Location: End Unit
  • SP/ Sq Ft: 580.88
  • Stories: 1 Story
  • Stories In Building: 15
  • Accessibility Features: No Interior Steps
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1929
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 503
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-Ins, Granite Counters, Remodeled Kitchen, Furnished
  • Equipment Available: Dishwasher, Disposal, Fire Sprinklers, Microwave, Refrigerator, Electric Range
  • Elevator: Yes
  • Searchable Rooms: Bedroom Entry Level, MBR Entry Level
  • Total Bedrooms: 1
  • Bedrooms: 1
  • Master Bedroom Dimensions: 16x12
  • Full Bathrooms: 1
  • Laundry Location: Community
  • Estimated Sq Ft: 680
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Pool: Below Ground, Community/Common
  • Roof: Rolled/Hot Mop
  • View: Bay, City, Evening Lights, Panoramic

Garage/Parking

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

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Available
  • Heating: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: El Cortez
  • Total Fees: 8054.52
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 85
  • Total Number of Units: 85
  • Property Management Company: Associa
  • Property Management Phone: 858-795-7073
  • Community: DOWNTOWN
  • Complex Features: BBQ, Exercise Room, Gated Community, Laundry Facilities, Pet Restrictions, Pool, Spa/Hot Tub
  • Home Owner Association: El Cortez Owners Assoc.
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Gas, Gated Community, Hot Water, Limited Insurance, Roof Maintenance, Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 671.21
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619-241-2263
  • Association Amenities: Controlled Access, Gym/Ex Room, Hot Water, Pet Rules, Pets Permitted, Spa, Barbecue, Pool, Onsite Property Mgmt

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 5

Fee Information

  • Total Monthly Fees: 671

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Slope Gentle
  • Assessor Parcel Number: 534-032-05-42
  • 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

Closed on
Jun 15, 2024
Sold by
Giannini Kyle G and Swartz Caroline J
Bought by
Swartz Caroline J
Current Estimated Value
$498,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,250
Outstanding Balance
$429,476
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$89,846

Purchase Details

Listed on
Jul 27, 2018
Closed on
Aug 23, 2018
Sold by
Ghorashi Ali
Bought by
Roemhild Andrew D
Seller's Agent
Tina Dameron
Dwell Well Realty
Buyer's Agent
Laura Lothian
eXp Realty of Southern California, Inc.
List Price
$397,000
Sold Price
$395,000
Premium/Discount to List
-$2,000
-0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.03%
Original Mortgage
$375,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 26, 2015
Closed on
May 6, 2015
Sold by
Eulau Christopher
Bought by
Ghorashi Ali
Seller's Agent
Brian Wood
Damico Realty Group
Buyer's Agent
Non-Member Default
Default Non-Member Office
List Price
$359,000
Sold Price
$359,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.92%
Original Mortgage
$339,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 26, 2013
Closed on
Apr 29, 2013
Sold by
Heartland Coalition
Bought by
Eulau Christopher
Seller's Agent
Brian Wood
Damico Realty Group
Buyer's Agent
Jeffrey Sill
Compass
List Price
$349,000
Sold Price
$318,000
Premium/Discount to List
-$31,000
-8.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%

Purchase Details

Closed on
Mar 12, 2012
Sold by
The Bank Of New York Mellon
Bought by
Heartland Coalition

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,794
Interest Rate
3.98%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 16, 2011
Sold by
Keese Karyn L
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Dec 5, 2004
Sold by
Janopaul Block S D #1 Llc
Bought by
Keese Karyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,100
Interest Rate
5.75%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $54,500 Old Republic Title
Grant Deed $54,500 Old Republic Title
Grant Deed $395,000 First American Title
Grant Deed $359,000 Chicago Title Company
Grant Deed $318,000 First American Title Company
Grant Deed $143,000 First American Title Company
Trustee Deed $438,900 Landsafe
Condominium Deed $419,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $434,250 New Conventional
Closed $434,250 New Conventional
Previous Owner $372,000 New Conventional
Previous Owner $375,000 New Conventional
Previous Owner $375,250 New Conventional
Previous Owner $339,000 New Conventional
Previous Owner $254,400 Adjustable Rate Mortgage/ARM
Previous Owner $300,000 Unknown
Previous Owner $134,794 Unknown
Previous Owner $377,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2022 05/10/22 Sold $482,500 +5.1% $710 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
04/13/2022 04/13/22 For Sale $459,000 +16.2% $675 / Sq Ft
09/05/2018 09/05/18 Sold $395,000 -0.5% $581 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
07/27/2018 07/27/18 For Sale $397,000 +10.6% $584 / Sq Ft
05/12/2015 05/12/15 Sold $359,000 0.0% $528 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $359,000 +12.9% $528 / Sq Ft
05/10/2013 05/10/13 Sold $318,000 -8.9% $468 / Sq Ft
04/23/2013 04/23/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $349,000 +145.8% $513 / Sq Ft
05/15/2012 05/15/12 Sold $142,000 -- $209 / Sq Ft
03/11/2012 03/11/12 Pending -- -- --
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 $1,457 $122,976 $49,190 $73,786
2024 $1,457 $111,348 $44,539 $66,809
2023 $1,728 $196,089 $58,826 $137,263
2022 $2,545 $196,089 $58,826 $137,263
2021 $2,442 $185,718 $55,715 $130,003
2020 $2,314 $175,964 $52,789 $123,175
2019 $2,213 $167,913 $50,373 $117,540
2018 $1,910 $157,850 $47,355 $110,495
2017 $82 $152,508 $45,752 $106,756
2016 $1,754 $145,680 $43,704 $101,976
2015 $1,649 $137,056 $41,116 $95,940
2014 $3,786 $319,172 $100,454 $218,718
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 180041299

San Diego MLS

APN: 534-032-05-42