NOT LISTED FOR SALE

Estimated Value: $592,840

2 Beds
2 Baths
1,120 Sq Ft
$1,101/ mo HOA Fee

Last Sold December 14, 2023

Last sale price $630,000 $562 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,408/month

19 Days on Market

Highlights

  • Heated Above Ground Pool
  • Gated Parking
  • Updated Kitchen
  • Bay View
  • Two Primary Bedrooms
  • Recreation Room

About This Home

As of December 2023

Historic Elegance meets functional living in this spacious and renovated 2BD 2BA northeast-facing unit. View premiums include Panoramic sunrise views of Balboa Park, City Lights, and gorgeous distant Mountains. Natural ambient lighting with new luxury flooring and paint throughout complement the open-space living that is perfect for entertaining. Attention-to-detail upgrades include LED lighting, window tracks, crown molding, soapstone countertops, stainless steel appliances, a wine fridge, and a full-size washer and dryer in the unit. Take advantage of the Historic Mills Act for tax savings. Walking distance to San Diego’s popular Little Italy Farmer’s Market, Seaport Village, Balboa Park, Petco Park, and Gaslamp District. Fantastic dining, cafes, bars, boutiques, and entertainment await you! Welcome to San Diego's historic and elegant El Cortez. Enjoy the benefit of the Mills Act Tax Credit. This renovated 2bd/2bth floor plan is light and open. Historic large windows open with views over Balboa Park. The building includes a pool and gym. Numerous upgrades throughout, a must-see unit! Open home 11/12 from 12pm-3pm, please call listing agent for access.

Last Agent to Sell the Property

Kristina Militello

Pacific Sotheby's International Realty License #01806069 Listed on: 11/08/2023

Pacific Sotheby's International Realty

Co-Listed By

Alexander Ciullo

Pacific Sotheby's International Realty License #02012544

Last Buyer's Agent

Joe Ghio

Coldwell Banker West License #01308806

Coldwell Banker West

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • Gated Home
  • Property is Fully Fenced
  • Fence is in good condition

HOA Fees

  • $1,101 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • Garage Door Opener
  • Gated Parking
  • On-Street Parking
  • Unassigned Parking

Property Views

  • Bay
  • Panoramic
  • Park or Greenbelt

Home Design

  • Entry on the 6th floor
  • Fire Rated Drywall
  • Tar and Gravel Roof
  • Concrete Roof
  • Wood Siding
  • Cement Siding
  • Metal Siding
  • Stone Exterior Construction

Interior Spaces

  • 1,120 Sq Ft Home
  • Built-In Features
  • Dry Bar
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room
  • Dining Area
  • Recreation Room
  • Interior Storage Closet

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Electric Oven
  • Self-Cleaning Oven
  • Electric Cooktop
  • Stove
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment for Heating
  • Heated Above Ground Pool

Listing and Financial Details

  • Assessor Parcel Number 534-032-05-55

Community Details

Overview

  • Association fees include common area maintenance, exterior bldg maintenance, hot water, roof maintenance, sewer, termite, trash pickup, water, utilities
  • 85 Units
  • El Cortez HOA, Phone Number (619) 241-2263
  • High-Rise Condominium
  • El Cortez Community
  • 15-Story Property

Recreation

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Year Built

Built in 1929 | Remodeled

Lot Details

4,008 Sq Ft Lot

HOA Fees

$1,101 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Attached Style: High Rise (5+ Stories)
  • Residential Styles: All Other Attached
  • Property Condition: Updated/Remodeled
  • Market Area: Metro Central
  • Cross Street: 7th Avenue
  • Neighborhood: Cortez Hill
  • Supplement: Welcome to San Diego's historic and elegant El Cortez. Enjoy the benefit of the Mills Act Tax Credit. This renovated 2bd/2bth floor plan is light and open. Historic large windows open with views over Balboa Park. The building includes a pool and gym. Numerous upgrades throughout, a must-see unit! Open home 11/12 from 12pm-3pm, please call listing agent for access.
  • Estimated Living Space: 1,000 to 1,499 SqFt
  • LP / Sq Ft: 534.82
  • Price Per Sq Ft: 562.5
  • SP/ Sq Ft: 562.5
  • 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
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Bathtub, Built-Ins, Ceiling Fan, Crown Moldings, Dry Bar, Recessed Lighting, Remodeled Kitchen, Shower In Tub, Stone Counters, Storage Space, Kitchen Open To Family Rm
  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Refrigerator, Washer, Continuous Clean Oven, Electric Oven, Electric Range, Electric Stove, Energy Star Appliances, Freezer, Ice Maker, Recirculated Exhaust Fan, Self Cleaning Oven, Water Line to Refr, Built-In, Counter Top, Electric Cooking
  • Elevator: Yes
  • Walls: Drywall
  • Searchable Rooms: Breakfast Area, Dining Area, Family Room, Master Bdrm 2, Kitchen, Living Room, Master Bedroom, Recreation, Laundry, Master Bathroom, Walk-In Closet
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 16x15
  • Full Bathrooms: 2
  • Laundry Location: Kitchen
  • Estimated Sq Ft: 1120
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Metal, Stone, Wood, Cement Siding, Glass
  • Fencing: Full, Gate, Good Condition
  • Pool: Above Ground, Community/Common
  • Pool Heat: Electric
  • Roof: Concrete, Rock/Gravel
  • View: Bay, City, Evening Lights, Panoramic, Parklike, City Lights
  • Frontage Dimensions in Feet: 200

Garage/Parking

  • Garage Details: Assigned, Attached, Gated, Underground, Direct Garage Access, Garage Door Opener
  • Garage Spaces: 1
  • Non Garage Parking: Street, Unassigned
  • Parking Spaces Total: 1

Utilities

  • Cooling: Central Forced Air, Electric
  • Laundry Utilities: Electric, Washer Hookup
  • Sewer/Septic: Sewer Connected
  • Water: Available
  • Water Heater Type: Electric
  • Heating: Forced Air Unit, Energy Star
  • Heating Fuel: Electric
  • Utilities: Cable Available, Electricity Connected, Phone Available, Underground Utilities, Sewer Connected, Water Connected

Condo/Co-op/Association

  • Complex Name: El Cortez
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 85
  • Total Number of Units: 85
  • Property Management Company: PMP Management
  • Community: DOWNTOWN
  • Home Owner Association: El Cortez HOA
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior Bldg Maintenance, Hot Water, Roof Maintenance, Sewer, Termite, Trash Pickup, Water, Utilities
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 1101.23
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619.241.2263

Association/Amenities

  • Entry Level Unit: 6

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: .5 to 1 AC
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: Special/Mi
  • Assessor Parcel Number: 534-032-05-55
  • Estimated Lot Dimensions: 200x200x200x200
  • Estimated Lot Sq Ft: 40043
  • Estimated Number of Acres: 0.092

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Dec 6, 2023
Sold by
Mcnichol Joseph Ryan
Bought by
Thorn Ruth-Ann
Seller's Agent
Kristina Militello
Pacific Sotheby's International Realty
Buyer's Agent
Joe Ghio
Coldwell Banker West
List Price
$599,000
Sold Price
$630,000
Premium/Discount to List
$31,000
5.18%
Views
141
Current Estimated Value
$592,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,160
Avg. Annual Appreciation
-2.64%
Original Mortgage
$330,000
Outstanding Balance
$324,790
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$268,050

Purchase Details

Listed on
Apr 15, 2021
Closed on
Jun 17, 2021
Sold by
Tobias Alexander C
Bought by
Mcnichol Joseph Ryan
Seller's Agent
Alexander Tobias
eXp Realty of California, Inc.
Buyer's Agent
Kristina Militello
Pacific Sotheby's International Realty
List Price
$515,000
Sold Price
$509,000
Premium/Discount to List
-$6,000
-1.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%
Original Mortgage
$483,550
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2017
Sold by
Tobias Barry E and Tobias Christine C
Bought by
Tobias Alexander C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 20, 2011
Sold by
Marks Kimberly S
Bought by
Tobias Barry E and Tobias Christine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2011
Sold by
Marks Eric T
Bought by
Marks Kimberly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2005
Sold by
Janopaul Blocks Sd #1 Llc
Bought by
Marks Eric T and Marks Kimberly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.5%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Thorn Ruth-Ann $630,000 Ticor Title Company
Mcnichol Joseph Ryan $509,000 Chicago Title Company
Tobias Alexander C $250,000 Ticor Title San Diego
Tobias Barry E $210,000 Ticor Title San Diego Branch
Marks Kimberly S -- Ticor Title San Diego Branch
Marks Eric T $550,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thorn Ruth-Ann $330,000
Previous Owner Mcnichol Joseph Ryan $483,550
Previous Owner Tobias Alexander C $200,000
Previous Owner Tobias Barry E $157,500
Previous Owner Marks Eric T $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2023 12/14/23 Sold $630,000 +5.2% $563 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $599,000 +17.7% $535 / Sq Ft
07/02/2021 07/02/21 Sold $509,000 0.0% $454 / Sq Ft View Prior Sale
06/02/2021 06/02/21 Pending -- -- --
05/25/2021 05/25/21 Price Changed $509,000 -1.2% $454 / Sq Ft
05/04/2021 05/04/21 For Sale $515,000 0.0% $460 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $515,000 -- $460 / Sq Ft
Source: San Diego MLS

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 $2,268 $188,995 $75,598 $113,397
2024 $2,268 $166,595 $66,638 $99,957
2023 $1,894 $144,333 $43,299 $101,034
2022 $2,357 $182,733 $54,819 $127,914
2021 $2,572 $199,903 $59,970 $139,933
2020 $2,400 $186,752 $56,025 $130,727
2019 $2,405 $187,483 $56,244 $131,239
2018 $2,461 $201,698 $60,509 $141,189
2017 $2,475 $197,363 $59,208 $138,155
2016 $2,171 $171,388 $51,416 $119,972
2015 $1,963 $154,188 $46,256 $107,932
2014 $1,989 $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: 230021952

San Diego MLS

APN: 534-032-05-55

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