$820,075 - $961,000
RENTED NOV 4, 2024
3 Beds
2 Baths
1,285 Sq Ft
0.92 Acres

Last Sold May 29, 2019

Last sale price $675,000 $525 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,503/month

Highlights

  • Community Pool
  • Laundry closet
  • 3-minute walk to Tweet Street Park
  • 2 Car Attached Garage
  • Stacked Washer and Dryer

About This Home

As of November 2024

Experience Downtown living with this light & open SE corner 2 bed 2 bath unit w/ bonus room/den in the elegant Discovery building of Cortez Hill! This unit features floor to ceiling windows, a spacious balcony w/ access from living room & master bedroom, fireplace, modern kitchen w/ gas stove & breakfast bar, spacious bedrooms, in-unit laundry & 2 parking spaces. Great amenities including 10th floor pool, gym & clubhouse! Convenient location near Little Italy, Gaslamp & Petco Park! FHA & VA approved! Additional features include vinyl plank floors, wine fridge, updated bathroom vanities, optional 3rd bedroom/den/office, 2 parking spaces plus a storage unit. Discovery is a well-maintained building with luxurious amenities including a lap pool, spa, BBQ area, gym with social lounge all on the 10th floor to enjoy views of Cortez Hill, Downtown & more! Also includes 24 hr concierge, secured building, business center, sauna & steam room. All in a prime location with the convenience of urban living right outside your door!

Last Agent to Rent the Property

Jamie Pullman

eXp Realty of California, Inc. License #01426008 Listed on: 10/07/2024

eXp Realty of California, Inc.

Last Renter's Agent

Jamie Pullman

eXp Realty of California, Inc. License #01426008 Listed on: 10/07/2024

eXp Realty of California, Inc.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,269

Year Built

  • Built in 2003

Lot Details

  • 0.92

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,285 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Listing and Financial Details

  • Security Deposit $4,495
  • Requirements for Move-In include 1 month rent, cashier check/money order, credit report, prorated rent, security deposit
  • 3-Month Minimum Lease Term
  • Assessor Parcel Number 5340241829

Community Details

Overview

  • Secondary HOA Phone (619) 249-4344
  • Discovery Community
  • Park Phone (619) 249-4344
  • Property managed by Downtown Condo Guys

Recreation

Pet Policy

  • Breed Restrictions

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,269

Year Built

Built in 2003

Lot Details

0

Parking

2

Rental Info

  • Lease Required: Yes
  • Move In Requirements: 1 Month Rent, Cashier Check/Money Order, Credit Report, Prorated Rent, Security Deposit
  • Rental Type: Residential
  • Security Deposit: 4495
  • Vacation Rental Minimum Length: 3

Listing Details

  • Class: RESIDENTIAL RENTAL
  • Rental Residential Styles: All Other Attached
  • Market Area: Metro Central
  • Cross Street: Eighth Ave
  • Neighborhood: Little Italy
  • Estimated Living Space: 1,000 to 1,499 SqFt
  • LP / Sq Ft: 3.5
  • Price Per Sq Ft: 3.5
  • Stories: 1 Story
  • Price Reflects: Monthly
  • Total Stories: 1
  • Year Built: 2003
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Manager Phone: 619-249-4344
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Disposal, Range/Oven
  • Elevator: Yes
  • Bedrooms: 3
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 1285
  • Total Bathrooms: 2

Exterior Features

  • Pool: Community/Common

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: Discovery
  • Pets Allowed: Allowed w/Restrictions
  • Property Management Co: Downtown Condo Guys
  • Property Management Phone: 619-249-4344

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 4

Lot Info

  • Assessor Parcel Number: 5340241829

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 29, 2019
Sold by
Beatty Stephen D and Lennon Deborah M
Bought by
Wei Michelle
Seller's Agent
Melissa Tucci
Melissa Goldstein Tucci
Buyer's Agent
Stacy Fuerte
Ritual Realty
List Price
$689,000
Sold Price
$675,000
Premium/Discount to List
-$14,000
-2.03%
Current Estimated Value
$868,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,265
Avg. Annual Appreciation
4.05%
Original Mortgage
$540,000
Outstanding Balance
$474,792
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$388,227

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 19, 2019
Sold by
Vankooten Lukas Van
Bought by
Wei Michelle
Seller's Agent
Melissa Tucci
Melissa Goldstein Tucci
Buyer's Agent
Stacy Fuerte
Ritual Realty
List Price
$689,000
Sold Price
$675,000
Premium/Discount to List
-$14,000
-2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$474,792
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$388,227

Purchase Details

Listed on
Aug 31, 2017
Closed on
Sep 18, 2017
Sold by
Gregory Steven R
Bought by
Beatty Stephen D and Lennon Deborah M
Seller's Agent
Gregg Neuman
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Melissa Tucci
Melissa Goldstein Tucci
List Price
$649,900
Sold Price
$640,000
Premium/Discount to List
-$9,900
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.32%
Original Mortgage
$512,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2011
Sold by
Borkum Brian and Borkum Janice
Bought by
Borkum Brian and Borkum Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2011
Sold by
Borkum Brian and Borkum Janice
Bought by
Gregory Steven R and Gregory Hamida S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2004
Sold by
Borkum Brian and Borkum Janice
Bought by
Borkum Brian and Borkum Janice

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
5.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 18, 2004
Sold by
Borkum Brian and Borkum Janice
Bought by
Borkum Brian and Borkum Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 23, 2003
Sold by
Borkum Janice
Bought by
The Brian & Janice Borkum Family Trust

Purchase Details

Closed on
May 7, 2002
Sold by
Bosa Development California Inc
Bought by
Borkum Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.87%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wei Michelle $675,000 Innovative Title Company
Wei Michelle -- Innovative Title Company
Beatty Stephen D $640,000 California Title Company
Borkum Brian -- First American Title San Die
Gregory Steven R $340,000 First American Title San Die
Borkum Brian -- --
Borkum Brian -- Chicago Title Co
Borkum Brian -- Chicago Title Co
Borkum Brian -- Chicago Title Co
The Brian & Janice Borkum Family Trust -- --
Borkum Janice $440,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wei Michelle H $360,000
Open Wei Michelle $540,000
Previous Owner Beatty Stephen D $512,000
Previous Owner Gregory Steven R $256,300
Previous Owner Gregory Steven R $272,000
Previous Owner Borkum Brian $200,000
Previous Owner Borkum Brian $99,000
Previous Owner Borkum Brian $495,000
Previous Owner Borkum Janice $82,500
Previous Owner Borkum Janice $412,500
Previous Owner Borkum Janice $66,000
Previous Owner Borkum Janice $352,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 Rented $4,495 0.0% --
10/07/2024 10/07/24 For Rent $4,495 0.0% --
04/26/2023 04/26/23 Rented $4,495 0.0% --
04/15/2023 04/15/23 Price Changed $4,495 -4.3% $3 / Sq Ft
04/11/2023 04/11/23 Price Changed $4,695 -4.1% $4 / Sq Ft
03/28/2023 03/28/23 Price Changed $4,895 -2.0% $4 / Sq Ft
03/07/2023 03/07/23 For Rent $4,995 0.0% --
05/29/2019 05/29/19 Sold $675,000 -2.0% $525 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $689,000 0.0% $536 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $689,000 +7.7% $536 / Sq Ft
10/12/2017 10/12/17 Sold $640,000 -1.5% $498 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $649,900 -- $506 / 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 $9,269 $752,971 $446,205 $306,766
2024 $9,269 $738,207 $437,456 $300,751
2023 $9,061 $723,733 $428,879 $294,854
2022 $8,817 $709,543 $420,470 $289,073
2021 $8,750 $695,631 $412,226 $283,405
2020 $8,641 $688,500 $408,000 $280,500
2019 $8,209 $652,800 $408,000 $244,800
2018 $7,677 $640,000 $400,000 $240,000
2017 $4,375 $367,966 $108,225 $259,741
2016 $4,307 $360,752 $106,103 $254,649
2015 $4,239 $355,334 $104,510 $250,824
2014 $4,148 $348,374 $102,463 $245,911
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 240023839

San Diego MLS

APN: 534-024-18-29