NOT LISTED FOR SALE

8429 Summerdale Rd Unit B San Diego, CA 92126

Mira Mesa Neighborhood

Estimated Value: $578,000 - $668,343

2 Beds
1.5 Baths
1,012 Sq Ft
$325/mo HOA Fee

Last Sold January 13, 2022

Last sale price $585,000 $578 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,482/month

1 Day on Market

Highlights

  • Community Pool
  • Laundry Room
  • Central Air
  • Ericson Elementary School Rated A

About This Home

As of January 2022

Outstanding condo for sale right in the heart of Mira Mesa. This community and complex is extremely popular. Its close to shops, restaurants, schools, parks, freeways and more. Has a nice size bedroom downstairs with bath and upstairs master bedroom. Family room is open and large - great for gatherings and entertaining. Some of the upgrades and improvements include new AC unit with Ecobee smart thermostat, Wifi Schlage door entry system and Ring, nice size back yard with pavers, and much much more. Hurry this one won't last!

Last Agent to Sell the Property

Dale Downing

eXp Realty of Southern Calif. License #01338330 Listed on: 12/27/2021

eXp Realty of Southern Calif.

Last Buyer's Agent

Rachael Chambless

RC Realty of San Diego License #01857695

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,519

Year Built

  • Built in 1981

Lot Details

  • 3.73

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • 1,012 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space

Additional Features

  • Laundry Room
  • 1 Common Wall
  • Suburban Location
  • Central Air

Listing and Financial Details

  • Tax Tract Number 9097
  • Assessor Parcel Number 3111801838

Community Details

Overview

  • 132 Units
  • Concord Square Association, Phone Number (858) 550-7900

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,519

Year Built

Built in 1981

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: Check with the city and county of San...
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 3111801838
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1012.00
  • Entry Location: ground
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 578.06

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Sprinklers: No
  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 325.00
  • Association Fee Frequency: Monthly
  • Association Name: Concord Square
  • Phone: 858-550-7900
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: San Diego Unified

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 132

Tax Info

  • Tax Tract Number: 009097

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2021
Closed on
Jan 4, 2022
Sold by
Hatem Sabawi
Bought by
Xiao Peng
Seller's Agent
Dale Downing
eXp Realty of Southern Calif.
Buyer's Agent
Rachael Chambless
RC Realty of San Diego
List Price
$529,000
Sold Price
$585,000
Premium/Discount to List
$56,000
10.59%
Total Days on Market
1
Current Estimated Value
$628,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,836
Avg. Annual Appreciation
2.65%
Original Mortgage
$438,000
Outstanding Balance
$411,916
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$227,329

Purchase Details

Listed on
Nov 13, 2019
Closed on
Jan 13, 2020
Sold by
Thomas Brian K and Thomas Rachel M
Bought by
Sabawi Hatem
Seller's Agent
Marcos Correa
Great American Realty
Buyer's Agent
Dale Downing
eXp Realty of Southern Calif.
List Price
$460,000
Sold Price
$425,000
Premium/Discount to List
-$35,000
-7.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.11%
Original Mortgage
$344,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2004
Sold by
Toledo Gerardo V and Altamirano Dolores C
Bought by
Thomas Brian K and Thomas Rachel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,920
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2001
Sold by
Ruiz Ann Michele
Bought by
Chen George Shi Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,900
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 1997
Sold by
Hud
Bought by
Ruiz Ann Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,500
Interest Rate
8.13%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 3, 1997
Sold by
Pnc Mtg Corp Of America
Bought by
Hud

Purchase Details

Closed on
Nov 12, 1996
Sold by
Vandervelde Sandra L
Bought by
Pnc Mtg Corp Of America

Purchase Details

Closed on
Apr 1, 1992

Purchase Details

Closed on
May 19, 1988
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 Buyer Sale Price Title Company
Xiao Peng $585,000 Fidelity National Title
Sabawi Hatem $430,000 Corinthian Title Company
Thomas Brian K $360,000 New Century Title Company
Chen George Shi Hong $163,000 First American Title
Ruiz Ann Michele $91,000 Commonwealth Land Title Co
Hud -- First Southwestern Title Co
Pnc Mtg Corp Of America -- First Southwestern Title Co
-- $124,000 --
-- $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xiao Peng $438,000
Previous Owner Sabawi Hatem $341,500
Previous Owner Sabawi Hatem $344,000
Previous Owner Thomas Brian K $290,000
Previous Owner Thomas Brian K $287,920
Previous Owner Chen George Shi Hong $144,900
Previous Owner Ruiz Ann Michele $32,600
Previous Owner Ruiz Ann Michele $117,500
Previous Owner Ruiz Ann Michele $19,750
Previous Owner Ruiz Ann Michele $90,500
Closed Thomas Brian K $71,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2022 01/13/22 Sold $585,000 +10.6% $578 / Sq Ft
12/28/2021 12/28/21 Pending -- -- --
12/27/2021 12/27/21 For Sale $529,000 +24.5% $523 / Sq Ft
02/13/2020 02/13/20 Sold $425,000 -3.4% $420 / Sq Ft
01/12/2020 01/12/20 Pending -- -- --
12/01/2019 12/01/19 Price Changed $440,000 -2.2% $435 / Sq Ft
11/16/2019 11/16/19 Price Changed $450,000 -2.2% $445 / Sq Ft
11/13/2019 11/13/19 For Sale $460,000 -- $455 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $7,519 $608,634 $421,239 $187,395
2023 $6,977 $566,000 $391,000 $175,000
2022 $5,346 $443,142 $306,701 $136,441
2021 $5,308 $434,454 $300,688 $133,766
2020 $4,628 $380,000 $263,000 $117,000
2019 $4,635 $380,000 $263,000 $117,000
2018 $4,303 $370,000 $257,000 $113,000
2017 $3,814 $330,000 $230,000 $100,000
2016 $3,358 $290,000 $203,000 $87,000
2015 $3,359 $290,000 $203,000 $87,000
2014 $3,018 $260,000 $182,000 $78,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2108573

California Regional Multiple Listing Service (CRMLS)

APN: 311-180-18-38