El Cortez 702 Ash St Unit 508 San Diego, CA 92101
Cortez Hill Neighborhood
2
Beds
2
Baths
1,063
Sq Ft
$650/mo
HOA Fee
Highlights
- Fitness Center
- Bay View
- Gated Community
- In Ground Pool
- Gated Parking
- Wood Flooring
About This Home
As of August 2021Seize 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 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
- Breed Restrictions
Security
- Security Guard
- Gated Community
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%
Total Days on Market
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,865
Avg. Annual Appreciation
6.09%
Original Mortgage
$115,000
Outstanding Balance
$105,692
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$563,351
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
4.75%
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
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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 | $1,883 | $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
-
Seller's Agent in 2021
Katie Gouletas
Redfin
(858) 228-6021
-
Melina Rissone
Buyer's Agent in 2021
Melina Rissone
Coldwell Banker West
(619) 678-1350
1 in this area
59 Total Sales
-
Mark Hoppe
Seller's Agent in 2018
Mark Hoppe
Mark Hoppe, Broker
(503) 960-1994
25 Total Sales
-
Buyer's Agent in 2018
Teri Knight
Redfin Corporation
(760) 540-4889
-
Joan Selby
Seller's Agent in 2012
Joan Selby
Compass
(619) 251-1468
101 Total Sales
-
Buyer's Agent in 2012
James Mabry
James Mabry, Broker
(619) 971-1659
About El Cortez
Map
Source: San Diego MLS
MLS Number: 120052295
APN: 534-032-05-47
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