NOT LISTED FOR SALE

8865 Lightwave Ave San Diego, CA 92123

Kearny Mesa Neighborhood

Estimated Value: $716,000 - $799,000

2 Beds
2.5 Baths
1,166 Sq Ft
$260/mo HOA Fee

Last Sold January 11, 2021

Last sale price $550,000 $472 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,614/month

2 Days on Market

Highlights

  • Fitness Center
  • Balcony
  • Laundry closet
  • Wegeforth Elementary School Rated A-
  • Built-In Features
  • Community Barbecue Grill

About This Home

As of January 2021

This 2 bedroom, 2 1/2 bath townhome is located in Atrium - the newest complex in Spectrum. A true townhome with no one above or below with an open living area. A prime, centralized San Diego location and close to major freeways. Please see Supplemental Remarks for information on this beautiful townhome. This Atrium Plan 1 features an open space living, dining and kitchen area The gourmet kitchen includes White thermofoil shaker-style cabinetry with adjustable shelves, granite countertops with backsplash and stainless steel GE appliances. Other features include: ….Walk in closet in master bedroom …..White cultured marble countertops in baths…..Interior laundry …. Light and bright interior with recessed lights….. Refrigerator, Washer and Dryer included …Central air and heating system ….. Fire sprinkler system …. Telephone, data and cable wiring throughout…. Tankless water heater Complex features include fitness room and BBQ pavilion area Atrium is located in the wonderful newer Spectrum community, centrally located in San Diego, with convenient access to freeways, restaurants and shopping. A popular neighborhood close to shopping and restaurants and a great location for commuters to anywhere in San Diego. Enjoy walking to your favorite coffee shops and restaurants. The newer Spectrum Community Park and a YMCA facility and are both within walking distance.

Last Agent to Sell the Property

Carol Mundell

Century 21 Affiliated License #00863002 Listed on: 12/07/2020

Century 21 Affiliated

Co-Listed By

Lauren Mundell

Century 21 Affiliated License #02028998

Last Buyer's Agent

Douglas Gutierrez

Joshua Daniel Massieh License #01995686

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,115

Year Built

  • Built in 2015

Lot Details

  • 2.42

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tandem Garage

Home Design

  • Entry on the 1st floor
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,166 Sq Ft Home
  • 3-Story Property
  • Built-In Features

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Additional Features

  • Balcony
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 369-221-16-66

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, limited insurance, roof maintenance, trash pickup
  • 12 Units
  • Promenade HOA, Phone Number (858) 569-1793
  • Promenade @ Spectrum Community

Amenities

  • Community Barbecue Grill

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,115

Year Built

Built in 2015

Lot Details

0

HOA Fees

$260 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Metro
  • Cross Street: Paramount Dr
  • Neighborhood: Spectrum Center
  • Supplement: This Atrium Plan 1 features an open space living, dining and kitchen area The gourmet kitchen includes White thermofoil shaker-style cabinetry with adjustable shelves, granite countertops with backsplash and stainless steel GE appliances. Other features include: ….Walk in closet in master bedroom …..White cultured marble countertops in baths…..Interior laundry …. Light and bright interior with recessed lights….. Refrigerator, Washer and Dryer included …Central air and heating system ….. Fire sprinkler system …. Telephone, data and cable wiring throughout…. Tankless water heater Complex features include fitness room and BBQ pavilion area Atrium is located in the wonderful newer Spectrum community, centrally located in San Diego, with convenient access to freeways, restaurants and shopping. A popular neighborhood close to shopping and restaurants and a great location for commuters to anywhere in San Diego. Enjoy walking to your favorite coffee shops and restaurants. The newer Spectrum Community Park and a YMCA facility and are both within walking distance.
  • Estimated Living Space: 1,000 to 1,499 SqFt
  • LP / Sq Ft: 445.97
  • Price Per Sq Ft: 471.7
  • SP/ Sq Ft: 471.7
  • Stories: 2 Story
  • Stories In Building: 3
  • Ownership: Condominium
  • Total Stories: 2
  • Year Built: 2015
  • 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

  • Flooring: Carpet, Linoleum/Vinyl, Tile
  • Equipment Available: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Gas Range, Built-In
  • Walls: Drywall
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 14x11
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 1166
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Patio: Balcony
  • Roof: Composition
  • Three or more Steps To Entry: Yes

Garage/Parking

  • Garage Details: Tandem, Garage
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric, Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: Promenade @ Spectrum
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 12
  • Total Number of Units: 160
  • Property Management Company: Howerton Mgmt
  • Community: KEARNY MESA
  • Complex Features: BBQ, Exercise Room
  • Home Owner Association: Promenade HOA
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Limited Insurance, Roof Maintenance, Trash Pickup
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 260.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-569-1793

Association/Amenities

  • Entry Level Unit: 1

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 369-221-16-66
  • Map Code Column: D
  • Map Code Page: 1249
  • Map Code Row: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2020
Closed on
Dec 11, 2020
Sold by
Argumedo Alex H
Bought by
Cartwright Alex
Seller's Agent
Carol Mundell
Century 21 Affiliated
Buyer's Agent
Douglas Gutierrez
Joshua Daniel Massieh
List Price
$520,000
Sold Price
$550,000
Premium/Discount to List
$30,000
5.77%
Current Estimated Value
$750,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,336
Avg. Annual Appreciation
6.72%
Original Mortgage
$548,250
Outstanding Balance
$488,106
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$263,061

Purchase Details

Closed on
Oct 13, 2020
Sold by
Argumendo Astel
Bought by
Argumendo Alex H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$488,106
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$263,061

Purchase Details

Closed on
May 15, 2015
Sold by
William Lyon Homes Inc
Bought by
Argumedo Alex H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,114
Interest Rate
3.77%
Mortgage Type
VA
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
Cartwright Alex $550,000 First American Title Company
Argumendo Alex H -- Corinthian Title Co
Argumedo Alex H $394,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cartwright Alex $548,250
Previous Owner Argumendo Alex H $454,500
Previous Owner Argumedo Alex H $394,114
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2021 01/11/21 Sold $550,000 +5.8% $472 / Sq Ft
12/10/2020 12/10/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $520,000 -- $446 / 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 $5,115 $595,333 $302,113 $293,220
2024 $5,115 $583,661 $296,190 $287,471
2023 $7,041 $572,218 $290,383 $281,835
2022 $6,854 $560,999 $284,690 $276,309
2021 $5,422 $437,589 $222,063 $215,526
2020 $5,357 $433,104 $219,787 $213,317
2019 $5,262 $424,613 $215,478 $209,135
2018 $4,920 $416,288 $211,253 $205,035
2017 $4,803 $408,126 $207,111 $201,015
2016 $4,727 $400,124 $203,050 $197,074
2015 $1,587 $132,721 $81,721 $51,000
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carol Mundell

    Seller's Agent in 2021

    Carol Mundell

    Century 21 Affiliated

    (858) 967-7331

    9 in this area

    94 Total Sales

    Carol Mundell
    Section Image

  • L

    Seller Co-Listing Agent in 2021

    Lauren Mundell

    Century 21 Affiliated

    Section Image

  • D

    Buyer's Agent in 2021

    Douglas Gutierrez

    Joshua Daniel Massieh

    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 200053406

San Diego MLS

APN: 369-221-16-66

California San Diego County San Diego 92123 Kearny Mesa

8865 Lightwave Ave, San Diego, CA

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