NOT LISTED FOR SALE

7224 Arroyo Grande Rd Unit 3 San Diego, CA 92129

Torrey Highlands Neighborhood

Estimated Value: $1,865,000 - $2,027,795

5 Beds
3 Baths
2,858 Sq Ft
$679/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $816,000 $286 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $11,818/month

23 Days on Market

Highlights

  • Main Floor Bedroom
  • 2 Car Attached Garage
  • Property is Fully Fenced
  • Park Village Elementary School Rated A+
  • Laundry closet
  • Level Lot

About This Home

As of August 2016

Stunning home in desirable Torrey Highlands! Enjoy this 4 bedroom + upstairs bonus room & bedroom/shower downstairs plan * Original owners have kept home in meticulous condition * New laminate wood downstairs * New custom paint inside * Beautiful gourmet kitchen has granite countertops, lots of cabinet space & a breakfast nook * Huge family room is attached to kitchen for a great room feel ** Enjoy an abundance of sunlight throughout the day ** Nice size backyard is great for entertaining, kids & pets! Backyard is private with concrete & grassy areas. Enjoy the picnic feeling courtyard as you enter the home past the formal living room. There is bedroom and full shower downstairs which is great for in-laws, guests and can be used as office or play room! Large master bedroom has bonus room attached that can be a great study, workout room or nursery. Upstairs has the large loft area plus built-in desk. This is the ideal spot for another living area, kids play area or office! Conveniently located upstairs laundry. Home is close to schools, shopping, restaurants and the 56/5/15 highways. This is a must see home!

Last Agent to Sell the Property

Mukesh Jain

RE/MAX Connections License #01302824 Listed on: 07/10/2016

RE/MAX Connections

Last Buyer's Agent

Christopher Sohaey

First California R.E. Service License #01327808

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,701

Year Built

  • Built in 2003

Lot Details

  • Property is Fully Fenced
  • Level Lot

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Clay Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 2,858 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Full Size Washer or Dryer
  • Gas Dryer Hookup

Community Details

  • Prescott Association, Phone Number (858) 946-0320
  • Cabrera Community

Listing and Financial Details

  • Assessor Parcel Number 306-311-11-00
  • $433 Monthly special tax assessment

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,701

Year Built

Built in 2003

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: North County Inland
  • Cross Street: Torrey Sante Fe
  • Neighborhood: Torrey Highlands
  • Supplement: Backyard is private with concrete & grassy areas. Enjoy the picnic feeling courtyard as you enter the home past the formal living room. There is bedroom and full shower downstairs which is great for in-laws, guests and can be used as office or play room! Large master bedroom has bonus room attached that can be a great study, workout room or nursery. Upstairs has the large loft area plus built-in desk. This is the ideal spot for another living area, kids play area or office! Conveniently located upstairs laundry. Home is close to schools, shopping, restaurants and the 56/5/15 highways. This is a must see home!
  • LP / Sq Ft: 293.56
  • Price Per Sq Ft: 285.51
  • SP/ Sq Ft: 285.51
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 2003
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal, Garage Door Opener, Microwave, Range/Oven, Refrigerator
  • Searchable Rooms: Bedroom Entry Level
  • Total Bedrooms: 5
  • Bedrooms: 4
  • Master Bedroom Dimensions: 17x15
  • Optional Bedrooms: 1
  • Full Bathrooms: 3
  • Laundry Location: Closet Full Sized
  • Estimated Sq Ft: 2858
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco, Wood
  • Fencing: Full
  • Roof: Tile/Clay

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Garage Spaces: 2
  • Parking Spaces Total: 4

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric, Gas
  • Heating: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: Cabrera
  • Total Fees: 840.0
  • Community: TORREY HIGHLANDS
  • Home Owner Association: Prescott
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 70.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-946-0320

Fee Information

  • CFD Mello Roos Fee: 433.0
  • CFD Mello Roos Fee Reflects: Month
  • Total Monthly Fees: 503
  • CFD Mello Roos Fee Frequency: Semi-Annually

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Assessor Parcel Number: 306-311-11-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2016
Closed on
Oct 18, 2016
Sold by
Sohaey Christopher K and Sohaey Amy
Bought by
Sohaey Christopher K and Sohaey Amy M
Seller's Agent
Mukesh Jain
RE/MAX Connections
Buyer's Agent
Christopher Sohaey
First California R.E. Service
List Price
$859,000
Sold Price
$816,000
Premium/Discount to List
-$43,000
-5.01%
Current Estimated Value
$1,906,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,090,854
Avg. Annual Appreciation
9.68%
Original Mortgage
$580,750
Outstanding Balance
$466,242
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$1,399,964

Purchase Details

Listed on
Jul 10, 2016
Closed on
Aug 25, 2016
Sold by
Palkhiwala Akash and Shah Shreya
Bought by
Sohaey Christopher K and Sohaey Amy
Seller's Agent
Mukesh Jain
RE/MAX Connections
Buyer's Agent
Christopher Sohaey
First California R.E. Service
List Price
$859,000
Sold Price
$816,000
Premium/Discount to List
-$43,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,750
Outstanding Balance
$466,242
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$1,399,964

Purchase Details

Closed on
Aug 19, 2009
Sold by
Palkhiwala Akash and Shah Aakash
Bought by
Palkhiwala Akash and Shah Shreya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,550
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2006
Sold by
Palkhiwala Aakash and Shah Shreya
Bought by
Palkhiwala Aakash and Shah Shreya

Purchase Details

Closed on
Jun 16, 2003
Sold by
Western Pacific Housing Inc
Bought by
Palkhiwala Aakash and Shah Shreya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,334
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2003
Sold by
Torrey Santa Fe Carmel Valley Lp
Bought by
Western Pacific Housing Inc
Source: Public Records

Range of Values:

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Average Value
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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
Sohaey Christopher K -- None Available
Sohaey Christopher K $816,000 Ticor Title San Diego
Palkhiwala Akash -- Chicago Title Servicelink Di
Palkhiwala Aakash -- None Available
Palkhiwala Aakash $545,000 Chicago Title Co
Western Pacific Housing Inc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sohaey Christopher K $580,750
Previous Owner The Shah Palkhiwala Family Trust $363,535
Previous Owner Palkhiwala Akash $379,550
Previous Owner Palkhiwala Aakash $422,334
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $816,000 -2.7% $286 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
07/27/2016 07/27/16 Price Changed $839,000 -2.3% $294 / Sq Ft
07/09/2016 07/09/16 For Sale $859,000 -- $301 / 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 $15,701 $947,032 $332,205 $614,827
2024 $15,701 $928,464 $325,692 $602,772
2023 $15,352 $910,259 $319,306 $590,953
2022 $15,049 $892,412 $313,046 $579,366
2021 $14,746 $874,914 $306,908 $568,006
2020 $14,545 $865,944 $303,762 $562,182
2019 $14,257 $848,965 $297,806 $551,159
2018 $13,968 $832,319 $291,967 $540,352
2017 $13,691 $816,000 $286,243 $529,757
2016 $12,124 $668,819 $234,614 $434,205
2015 $11,903 $658,773 $231,090 $427,683
2014 $11,642 $645,870 $226,564 $419,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 160037859

San Diego MLS

APN: 306-311-11