$375,000
SOLD DEC 14, 2012
2 Beds
2 Baths
1,063 Sq Ft
$650/mo HOA Fee

Recently Sold

$353 Per Sq Ft

12% Below List Price

20 Days on Market

Highlights

  • Fitness Center
  • Bay View
  • Gated Community
  • In Ground Pool
  • Gated Parking
  • Wood Flooring

About This Home

As of August 2021

Seize the opportunity now to finally be able to finance and own your home in this grand, historical icon of downtown San Diego! This upgraded 2 bedrm/2 bath has the advantage of a 5th flr AND a corner location so you have views from every rm! Catch blue shots of the bay AND the Coronado bridge. Herring bone, Brazilian cherry wood floors; custom Italian lighting & solid wood kitchen cabinets; Dacor & Bosch appliances;full size Washer/Dryer; cedar-lined master closet and...(see supplement)... new carpet w/xtra padding. The entry hall to this unit is a perfect spot for showing off your art work and the workout room in the bldg has the advantage of free weights. There is valet parking, a full time on-site staff and, unlike many condo bldgs, the walls, floors and ceilings are solid, thick and sound proof which translates into low neighbor noise all around. The grand lobby and ballroom serve to add to its historical ambiance and supports the history as a haven for movie stars like Ginger Rogers, John Wayne, Elvis Presley, Spencer Tracy, Clark Gable, Myrna Loy, Jack Benny, Bing Crosby, Bo Derek...just to name a few and for movie and t.v. shows like "Almost Famous", "A Ticklish Affair","How to Marry a Billionaire" and "Extreme Makeover." The El Cortez began as a hotel and boasts the completion of the first outside glass elevator in the world. Opening day was Thanksgiving Day, Nov. 26, 1927 and was celebrated in front of a crowd of 50,000.....1/3 of San Diego's population at that time. The El Cortez has come a long way from those days in terms of modernizing the systems of the bldg while still preserving the beauty of the historical architectural details. Note: 2 pets are allowed but, according to the management co., there is no size restriction.

Last Agent to Sell the Property

Joan Selby

Compass License #01345683 Listed on: 10/17/2012

Compass

Last Buyer's Agent

James Mabry

James Mabry, Broker License #01721454

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,883

Year Built

  • Built in 1929

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Gated Parking

Property Views

  • Bay
  • Panoramic

Home Design

  • 1,063 Sq Ft Home
  • Rolled or Hot Mop Roof
  • Tar and Gravel Roof

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Schools

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

Additional Features

  • In Ground Pool
  • Separate Water Meter

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, termite, trash pickup
  • 96 Units
  • El Cortez Owners Assoc. Association, Phone Number (619) 241-2263
  • High-Rise Condominium
  • El Cortez Community
  • 16-Story Property

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Recreational Area

Pet Policy

  • Pet Restriction

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,883

Year Built

Built in 1929

Lot Details

0

HOA Fees

$650 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: Between 7th and 8th
  • Neighborhood: Hip, Downtown San Diego
  • Supplement: new carpet w/xtra padding. The entry hall to this unit is a perfect spot for showing off your art work and the workout room in the bldg has the advantage of free weights. There is valet parking, a full time on-site staff and, unlike many condo bldgs, the
  • Estimated Living Space: 1,000 to 1,499 SqFt
  • LP / Sq Ft: 399.81
  • Miscellaneous: Elevators/Stairclimber
  • Price Per Sq Ft: 352.78
  • SP/ Sq Ft: 352.78
  • Stories: 1 Story
  • Stories In Building: 16
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range/Oven, Refrigerator, Washer
  • Elevator: Yes
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 11x17
  • Full Bathrooms: 2
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 1063
  • Total Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage Details: Assigned, Attached, Underground
  • Garage Spaces: 1
  • Non Garage Parking: Assigned, Gated, Underground
  • Parking Spaces Total: 1

Utilities

  • Cooling: Central Forced Air
  • Security: Gated Community, On Site Guard
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: El Cortez
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 96
  • Total Number of Units: 88
  • Property Management Company: Alliance Property Mgmt.
  • Property Management Phone: 619-241-2263
  • Community: DOWNTOWN
  • Complex Features: BBQ, Exercise Room, Gated Community, Laundry Facilities, On-Site Guard, Pet Restrictions, Pool, Recreation Area
  • 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, Termite, Trash Pickup
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 650
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619-241-2263

Association/Amenities

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

Fee Information

  • Total Monthly Fees: 650

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

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 534-032-05-47
  • Map Code Column: B
  • Map Code Page: 1289
  • Map Code Row: 2

Multi Family

  • Percentage Owner Occupancy: 56

Tax Info

  • Assessor Parcel Number: 702Ash50892101

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
$675,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,279
Avg. Annual Appreciation
4.91%
Original Mortgage
$115,000
Outstanding Balance
$104,796
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$544,606

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
4.41%
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

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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 $535,000 First American Ttl San Diego
Grant Deed $525,000 California Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $375,000 California Title Company
Condominium Deed $555,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $115,000 New Conventional
Previous Owner $402,500 New Conventional
Previous Owner $402,000 New Conventional
Previous Owner $393,750 New Conventional
Previous Owner $368,207 FHA
Previous Owner $444,000 Unknown
Closed $30,000 No Value Available
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

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Map

Source: San Diego MLS

MLS Number: 120052295

San Diego MLS

APN: 534-032-05-47