NOT LISTED FOR SALE

El Cortez 702 Ash St Unit 508 San Diego, CA 92101

Cortez Hill Neighborhood

Estimated Value: $640,114 - $723,000

2 Beds
2 Baths
1,063 Sq Ft
$957/mo HOA Fee

Last Sold August 20, 2021

Last sale price $535,000 $503 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,669/month

43 Days on Market

Highlights

  • Ocean View
  • Gated Community
  • Retreat
  • Fitness Center
  • Clubhouse
  • Wood Flooring

About This Home

As of August 2021

Located in the historic El Cortez building, this two-bedroom condo is ready for new owners! This property qualifies for the Mills Act, so property taxes are significantly less. The tax savings makes this unit a fantastic deal and help offset the cost of having an HOA. This home exudes classic style, with rich wood cabinetry and herringbone flooring. The whole home has wonderful natural light that spills through the large windows. A west-facing unit, it looks over the city and has stunning OCEAN views. The primary suite has an attached full bathroom with classic tiling and updated counters. The hallway bathroom has the same classic style. The kitchen has ample storage, granite countertops, and stainless steel appliances. The El Cortez building comes with a laundry facility, but no need, as this unit comes with a stacked washer and dryer for your convenience. Other amenities include a fitness center, pool and spa, community BBQs, and outdoor entertaining area. There is a gated parking spot that comes with the unit as well as one neighborhood parking pass. Visitors can take advantage of the ample free parking in the surrounding neighborhood. Located in the desirable downtown neighborhood, shopping, dining, and entertainment are just outside your door!

Last Agent to Sell the Property

Katie Gouletas

Redfin License #02017044 Listed on: 06/11/2021

Redfin

Last Buyer's Agent

Melina Rissone

Coldwell Banker West License #01498140

Coldwell Banker West

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,883

Year Built

  • Built in 1929

Lot Details

  • 0.92

HOA Fees

  • $957 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Ocean

Home Design

  • Turnkey
  • Brick Exterior Construction
  • Common Roof
  • Stucco Exterior

Interior Spaces

  • 1,063 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • Family Room
  • Living Room
  • Dining Area
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Electric Oven
  • Built-In Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Retreat
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Full Size Washer or Dryer
  • Dryer

Listing and Financial Details

  • Assessor Parcel Number 534-032-05-47

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gated community, limited insurance, roof maintenance, clubhouse paid
  • 85 Units
  • El Cortez Owners Assoc Association, Phone Number (949) 218-9970
  • El Cortez Community
  • 16-Story Property

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Spa
  • Recreational Area

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,883

Year Built

Built in 1929

Lot Details

0

HOA Fees

$957 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Property Condition: Turnkey
  • Market Area: Metro Central
  • Cross Street: Ash & 7th
  • Neighborhood: Cortez Hill
  • LP / Sq Ft: 507.06
  • Price Per Sq Ft: 503.29
  • SP/ Sq Ft: 503.29
  • Stories: 1 Story
  • Stories In Building: 16
  • 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: 508
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-Ins, Crown Moldings, Granite Counters, Recessed Lighting
  • Flooring: Wood
  • Equipment Available: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Built In Range, Electric Oven, Electric Range, Free Standing Range
  • Searchable Rooms: Bedroom Entry Level, Dining Area, Family Room, Master Retreat, Living Room, Master Bedroom, Galley Kitchen, Laundry, Master Bathroom
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 19x12
  • Full Bathrooms: 2
  • Laundry Location: Closet Full Sized
  • Estimated Sq Ft: 1063
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Brick, Stucco
  • Pool: Community/Common
  • Roof: Common Roof
  • Spa: Community/Common
  • View: City, Ocean, City Lights

Garage/Parking

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

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric
  • Security: Gated Community, Card/Code Access
  • Sewer/Septic: Sewer Connected
  • Water: Public
  • Heating: Forced Air Unit
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: El Cortez
  • Total Fees: 11484.12
  • Units In Building: 85
  • Total Number of Units: 85
  • Property Management Company: PMP
  • Property Management Phone: 949-218-9970
  • Complex Features: Clubhouse/Rec Room, Exercise Room, Gated Community, Laundry Facilities, Pool, Recreation Area, Spa/Hot Tub
  • Home Owner Association: El Cortez Owners Assoc
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Gated Community, Limited Insurance, Roof Maintenance, Clubhouse Paid
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 957.01
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 949-218-9970

Association/Amenities

  • Entry Level Unit: 1

Fee Information

  • Total Monthly Fees: 957

Lot Info

  • Lot Size: .5 to 1 AC
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 534-032-05-47
  • Water District URL: http://www.ci.san-diego.ca.us/water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Jul 30, 2021
Sold by
Martin Timothy and Martin Kerry
Bought by
Werner Kimberlee and Kimberlee Werner Trust
Seller's Agent
Katie Gouletas
Redfin
Buyer's Agent
Melina Rissone
Coldwell Banker West
List Price
$539,000
Sold Price
$535,000
Premium/Discount to List
-$4,000
-0.74%
Current Estimated Value
$649,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,402
Avg. Annual Appreciation
5.92%
Original Mortgage
$115,000
Outstanding Balance
$105,021
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$567,565

Purchase Details

Listed on
Sep 21, 2018
Closed on
Oct 18, 2018
Sold by
Ballard Regina A
Bought by
Martin Timothy and Martin Kerry
Seller's Agent
Mark Hoppe
Mark Hoppe, Broker
Buyer's Agent
Teri Knight
Redfin Corporation
List Price
$549,900
Sold Price
$525,000
Premium/Discount to List
-$24,900
-4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.69%
Original Mortgage
$393,750
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2015
Sold by
Ballard Regina
Bought by
Ballard Regina A

Purchase Details

Closed on
Jun 25, 2015
Sold by
Ballard Regina and Ballard Mildred
Bought by
Ballard Regina

Purchase Details

Listed on
Oct 17, 2012
Closed on
Nov 16, 2012
Sold by
Uhl Barry
Bought by
Ballard Regina and Ballard Mildred
Seller's Agent
Joan Selby
Compass
Buyer's Agent
James Mabry
James Mabry, Broker
List Price
$425,000
Sold Price
$375,000
Premium/Discount to List
-$50,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$368,207
Interest Rate
3.35%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 2005
Sold by
Janopaul Block S D #1 Llc
Bought by
Uhl Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
5.67%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Werner Kimberlee $535,000 First American Ttl San Diego
Martin Timothy $525,000 California Title Company
Ballard Regina A -- None Available
Ballard Regina -- None Available
Ballard Regina $375,000 California Title Company
Uhl Barry $555,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Werner Kimberlee $115,000
Previous Owner Martin Timothy $402,500
Previous Owner Martin Timothy $402,000
Previous Owner Martin Timothy $393,750
Previous Owner Ballard Regina $368,207
Previous Owner Uhl Barry $444,000
Closed Uhl Barry $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $535,000 -0.7% $503 / Sq Ft
07/25/2021 07/25/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $539,000 +2.7% $507 / Sq Ft
11/21/2018 11/21/18 Sold $525,000 -2.6% $494 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
10/11/2018 10/11/18 Price Changed $539,000 -2.0% $507 / Sq Ft
09/21/2018 09/21/18 For Sale $549,900 +46.6% $517 / Sq Ft
12/14/2012 12/14/12 Sold $375,000 -11.8% $353 / Sq Ft
11/05/2012 11/05/12 Pending -- -- --
10/16/2012 10/16/12 For Sale $425,000 -- $400 / 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 $1,883 $153,721 $61,488 $92,233
2024 $1,883 $142,754 $57,101 $85,653
2023 $1,888 $144,333 $43,299 $101,034
2022 $2,335 $182,733 $54,819 $127,914
2021 $3,050 $232,148 $69,644 $162,504
2020 $2,918 $222,270 $66,681 $155,589
2019 $2,899 $220,939 $66,281 $154,658
2018 $2,456 $201,698 $60,509 $141,189
2017 $2,389 $197,363 $59,208 $138,155
2016 $2,084 $171,388 $51,416 $119,972
2015 $1,877 $154,188 $46,256 $107,932
2014 -- $157,661 $47,298 $110,363
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Katie Gouletas

    Redfin

    Section Image
  • Melina Rissone

    Buyer's Agent in 2021

    Melina Rissone

    Coldwell Banker West

    (619) 678-1350

    1 in this area

    54 Total Sales

    Section Image
  • Mark Hoppe

    Seller's Agent in 2018

    Mark Hoppe

    Mark Hoppe, Broker

    (503) 960-1994

    26 Total Sales

    Section Image

  • T

    Buyer's Agent in 2018

    Teri Knight

    Redfin Corporation

    Section Image
  • Joan Selby

    Seller's Agent in 2012

    Joan Selby

    Compass

    (619) 251-1468

    99 Total Sales

    Section Image

  • J

    Buyer's Agent in 2012

    James Mabry

    James Mabry, Broker

    Section Image
See All Agents

About El Cortez

Map

Source: San Diego MLS

MLS Number: 210016226

San Diego MLS

APN: 534-032-05-47

California San Diego County San Diego 92101 Cortez Hill

702 Ash St Unit 508, San Diego, CA

This home is located at 702 Ash St Unit 508, San Diego, CA 92101 since 11 June 2021 and is currently estimated at $675,279, approximately $635 per square foot. This property was built in 1929. 702 Ash St Unit 508 is a home located in San Diego County with nearby schools including Washington Elementary School, Roosevelt International Middle School, and Urban Discovery Academy Charter.

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