NOT LISTED FOR SALE

Estimated Value: $592,000 - $653,000

1 Bed
1.5 Baths
847 Sq Ft
$460/mo HOA Fee

Last Sold March 30, 2021

Last sale price $485,000 $573 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,342/month

15 Days on Market

Highlights

  • Concierge
  • Penthouse
  • Gated Parking
  • Fitness Center
  • Heated In Ground Pool
  • 1-minute walk to Tweet Street Park

About This Home

As of March 2021

Stunning 2 story loft w/floor to ceiling windows & views of Balboa Park! This contemporary North facing unit gets plenty of light without the added heat & is nicely upgraded w/new kitchen island, new flooring, granite counters & stainless steel appliances. Aloft recently completed a full overhaul of everything & now looks & feels like brand new building! New amenities include pool, fitness center, jacuzzi & community BBQ. Walking distance to Gaslamp & Little Italy and there's even a park! Come see today!!

Last Agent to Sell the Property

Jason McKenna

Coldwell Banker Realty License #01318593 Listed on: 02/05/2021

Coldwell Banker Realty

Last Buyer's Agent

Chad Dannecker

Compass License #01459513

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,480

Year Built

  • Built in 2007

Lot Details

  • Property is Fully Fenced
  • Sprinkler System

HOA Fees

  • $460 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Gated Parking

Property Views

  • Mountain
  • Park or Greenbelt

Home Design

  • Penthouse
  • Contemporary Architecture
  • Turnkey
  • Composition Roof
  • Metal Siding
  • Stucco Exterior
  • Stone Exterior Construction

Interior Spaces

  • 847 Sq Ft Home
  • Two Story Ceilings
  • Loft
  • Home Security System

Kitchen

  • Electric Oven
  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Retreat
  • Walk-In Closet
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gas Heated Pool

Location

  • West of 5 Freeway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Water Meter
  • Gas Water Heater
  • Prewired Cat-5 Cables
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 534-021-04-80

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gated community, limited insurance, sewer, water, concierge
  • 168 Units
  • Action Association, Phone Number (949) 450-0202
  • Aloft Community
  • Property Manager
  • 5-Story Property

Amenities

  • Concierge
  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Controlled Access
  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,480

Year Built

Built in 2007

Lot Details

0

HOA Fees

$460 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Architectural Style: Contemporary
  • Attached Style: Mid Rise
  • Residential Styles: All Other Attached
  • Property Condition: Turnkey
  • Market Area: Metro Central
  • Cross Street: 9th
  • Neighborhood: Cortez Hill
  • Estimated Living Space: 500 to 999 SqFt
  • LP / Sq Ft: 584.42
  • Price Per Sq Ft: 572.61
  • Residential Unit Location: No Unit Above, Penthouse
  • SP/ Sq Ft: 572.61
  • Stories: 2 Story
  • Stories In Building: 5
  • Ownership: Condominium
  • Total Stories: 2
  • Year Built: 2007
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 518
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Granite Counters, High Ceilings (9 Feet+), Kitchen Island, Shower, Shower In Tub, Two Story Ceilings
  • Flooring: Carpet, Laminate, Tile
  • Sub Flooring: Slab other Story
  • Equipment Available: Dishwasher, Disposal, Dryer, Fire Sprinklers, Microwave, Refrigerator, Electric Oven, Electric Range, Electric Stove, Energy Star Appliances, Counter Top
  • Elevator: Yes
  • Walls: Drywall
  • Searchable Rooms: Loft, Master Retreat, Laundry, Walk-In Closet
  • Total Bedrooms: 1
  • Bedrooms: 1
  • Master Bedroom Dimensions: 12x19
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 847
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Metal, Stone, Stucco
  • Fencing: Full
  • Pool: Below Ground, Community/Common, Heated
  • Pool Heat: Electric, Gas
  • Roof: Composition
  • Spa: Community/Common, Yes, Heated
  • Spa Heat: Electric, Gas
  • View: City, Mountains/Hills, Parklike

Garage/Parking

  • Garage Details: Assigned, Attached, Gated, Underground, Garage
  • Garage Spaces: 1
  • Parking Spaces Total: 1

Utilities

  • Cooling: Central Forced Air, Wall/Window
  • Laundry Utilities: Electric, Gas
  • Security: Gated Community, Security System
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Electric, Gas
  • Heating: Forced Air Unit
  • Heating Fuel: Electric, Natural Gas
  • Telecommunications: Cable (coaxial), Computer (cat5)
  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected

Condo/Co-op/Association

  • Complex Name: Aloft
  • Total Fees: 5520.0
  • Pets Allowed: Yes
  • Units In Building: 168
  • Total Number of Units: 168
  • Community: DOWNTOWN
  • Complex Features: BBQ, Clubhouse/Rec Room, Concierge, Exercise Room, Gated Community, Pet Restrictions, Playground, Pool, Spa/Hot Tub
  • Home Owner Association: Action
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Gated Community, Limited Insurance, Sewer, Water, Concierge
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 460.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 949-450-0202
  • Association Amenities: Club House, Controlled Access, Gym/Ex Room, Pet Rules, Pets Permitted, Playground, Barbecue, Onsite Property Mgmt

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 5

Fee Information

  • Total Monthly Fees: 460

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: 0 (Common Interest)
  • Site: Public Street, Sidewalks, Street Paved, West of I-5
  • Topography: Level
  • Assessor Parcel Number: 534-021-04-80

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 16, 2021
Sold by
Medina Alejandro Moreno
Bought by
Covell Matthew Frederick
Seller's Agent
Jason McKenna
Coldwell Banker Realty
Buyer's Agent
Chad Dannecker
Compass
List Price
$495,000
Sold Price
$485,000
Premium/Discount to List
-$10,000
-2.02%
Current Estimated Value
$613,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,273
Avg. Annual Appreciation
5.40%
Original Mortgage
$388,000
Outstanding Balance
$349,562
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$261,773

Purchase Details

Closed on
May 10, 2016
Sold by
Cortez Park Lofts Llc
Bought by
Medina Alejandro Moreno

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
3.59%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Covell Matthew Frederick $485,000 Stewart Title Of Ca Inc
Medina Alejandro Moreno $394,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covell Matthew Frederick $388,000
Previous Owner Medina Alejandro Moreno $297,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Sold $485,000 -2.0% $573 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $495,000 -- $584 / 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 $6,480 $524,976 $72,068 $452,908
2024 $6,480 $514,683 $70,655 $444,028
2023 $6,334 $504,592 $69,270 $435,322
2022 $6,163 $494,699 $67,912 $426,787
2021 $5,446 $430,618 $59,115 $371,503
2020 $5,378 $426,203 $58,509 $367,694
2019 $5,280 $417,847 $57,362 $360,485
2018 $4,938 $409,655 $56,238 $353,417
2017 $4,819 $401,624 $55,136 $346,488
2016 $2,923 $239,089 $32,823 $206,266
2015 $2,877 $235,498 $32,330 $203,168
2014 $2,523 $206,000 $28,000 $178,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210003044

San Diego MLS

APN: 534-021-04-80