NOT LISTED FOR SALE

Estimated Value: $593,000 - $689,000

1 Bed
1.5 Baths
847 Sq Ft
$518/mo HOA Fee

Last Sold October 16, 2023

Last sale price $625,000 $738 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,731/month

2 Days on Market

Highlights

  • Concierge
  • 24-Hour Security
  • City Lights View
  • Fitness Center
  • Spa
  • 1-minute walk to Tweet Street Park

About This Home

As of October 2023

Downtown living at its finest, located in the highly desirable neighborhood of El Cortez. Welcome to this spacious 1 bd/2bath unit with breathtaking South and East facing views. This is the best floor plan in the building and on the TOP FLOOR. The unit offers 20’ floor to ceiling windows, upgraded flooring, washer/dryer in unit, huge walk in closet, and underground assigned parking. Lots of street parking available for guests. Aloft complex features a resort style heated pool/spa area with plenty of lounge chairs and seating, fire pit, fitness center and 24hr front desk personnel, onsite security, landscaping, park with playground located just across the street. Close to all: Very easy Freeway access, walk to Gaslamp District, Little Italy, Balboa Park, Waterfront, and Bankers Hill. Quick drive to airport and beach!

Last Agent to Sell the Property

Hayley Taylor

Chris Beason Realty License #01983191 Listed on: 09/16/2023

Last Buyer's Agent

Mary Ghahremani

Compass License #01738646

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,835

Year Built

  • Built in 2007

Lot Details

  • Property is Fully Fenced

HOA Fees

  • $518 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Stucco Exterior

Interior Spaces

  • 847 Sq Ft Home
  • Entryway
  • Loft
  • Home Gym

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Home Security

Pool

  • Spa
  • Pool Equipment or Cover

Listing and Financial Details

  • Assessor Parcel Number 534-021-05-83

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gas, hot water, sewer, trash pickup, water, security, concierge
  • 168 Units
  • Aloft El Cortex Association
  • Aloft Community
  • 5-Story Property

Amenities

  • Concierge
  • Community Barbecue Grill

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • 24-Hour Security
  • Card or Code Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,835

Year Built

Built in 2007

Lot Details

0

HOA Fees

$518 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Metro Central
  • Cross Street: 9th and 8th
  • Neighborhood: Cortez Hill
  • LP / Sq Ft: 730.81
  • Miscellaneous: Urban
  • Price Per Sq Ft: 737.9
  • SP/ Sq Ft: 737.9
  • Stories: 2 Story
  • Stories In Building: 5
  • Ownership: Condominium
  • Total Stories: 2
  • Year Built: 2007
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 546
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Pool/Spa/Equipment, Range/Oven, Refrigerator, Washer, Counter Top
  • Elevator: Yes
  • Searchable Rooms: Loft, Kitchen, All Bedrooms Up, Entry, Gym, Walk-In Closet
  • Total Bedrooms: 1
  • Bedrooms: 1
  • Master Bedroom Dimensions: 12x9
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 847
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Pool: Community/Common
  • Spa: Community/Common
  • Spa Heat: Gas
  • View: City, Evening Lights, Mountains/Hills, Neighborhood, City Lights

Garage/Parking

  • Garage Details: Assigned, Attached, Underground, Community Garage, Garage Door Opener
  • Garage Spaces: 1
  • Non Garage Parking: Street
  • Parking Spaces Total: 1

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric
  • Security: Fire Sprinklers, 24 Hour Security, Card/Code Access
  • Sewer/Septic: Sewer Connected
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: Aloft
  • Total Fees: 6215.4
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 168
  • Total Number of Units: 168
  • Complex Features: BBQ, Concierge, Exercise Room, Pool, Spa/Hot Tub
  • Home Owner Association: Aloft El Cortex
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Gas, Hot Water, Sewer, Trash Pickup, Water, Security, Concierge
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 517.95
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 1(800)400228

Association/Amenities

  • Entry Level Unit: 5

Fee Information

  • Total Monthly Fees: 518

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level, Slope Gentle
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 534-021-05-83
  • Estimated Lot Sq Ft: 36157
  • Estimated Number of Acres: 0.83
  • Map Code Column: B
  • Map Code Page: 1289
  • Map Code Row: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2023
Closed on
Sep 22, 2023
Sold by
Giacopelli Megan
Bought by
Yaghnam Kareem Abdallah
Seller's Agent
Hayley Taylor
Chris Beason Realty
Buyer's Agent
Mary Ghahremani
Compass
List Price
$619,000
Sold Price
$625,000
Premium/Discount to List
$6,000
0.97%
Views
75
Current Estimated Value
$650,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,206
Avg. Annual Appreciation
3.01%
Original Mortgage
$492,000
Outstanding Balance
$483,319
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$176,092

Purchase Details

Listed on
Nov 1, 2019
Closed on
Dec 3, 2019
Sold by
Xym Connect
Bought by
Giacopelli Megan
Seller's Agent
Thomas Holmes
Coldwell Banker Realty
Buyer's Agent
Hayley Taylor
Chris Beason Realty
List Price
$419,000
Sold Price
$420,000
Premium/Discount to List
$1,000
0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.91%
Original Mortgage
$378,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2019
Sold by
Fageinour Hishman M
Bought by
Connect Xym Llc

Purchase Details

Listed on
Mar 24, 2015
Closed on
Jun 26, 2015
Sold by
Cortez Park Lofts Llc
Bought by
Fagelnour Hisham M and Amin Mai A
Seller's Agent
Thomas Holmes
Coldwell Banker Realty
Buyer's Agent
Thomas Holmes
Coldwell Banker Realty
List Price
$408,925
Sold Price
$388,475
Premium/Discount to List
-$20,450
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$291,356
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Yaghnam Kareem Abdallah $625,000 Lawyers Title
Giacopelli Megan $420,000 Lawyers Title Company
Connect Xym Llc -- Lawyers Title
Fagelnour Hisham M -- Lawyers Title
Fagelnour Hisham M $388,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yaghnam Kareem Abdallah $492,000
Previous Owner Giacoplli Megan $374,000
Previous Owner Giacopelli Megan $378,000
Previous Owner Fagelnour Hisham M $291,356
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $625,000 +1.0% $738 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
09/16/2023 09/16/23 For Sale $619,000 +47.4% $731 / Sq Ft
12/13/2019 12/13/19 Sold $420,000 +0.2% $496 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $419,000 +7.9% $495 / Sq Ft
07/30/2015 07/30/15 Sold $388,475 -5.0% $459 / Sq Ft
05/04/2015 05/04/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $408,925 -- $483 / 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 $7,835 $637,500 $87,516 $549,984
2024 $7,835 $625,000 $85,800 $539,200
2023 $5,561 $441,492 $60,608 $380,884
2022 $5,411 $432,836 $59,420 $373,416
2021 $5,369 $424,350 $58,255 $366,095
2020 $5,302 $420,000 $57,658 $362,342
2019 $5,211 $412,248 $56,594 $355,654
2018 $4,874 $404,166 $55,485 $348,681
2017 $4,756 $396,243 $54,398 $341,845
2016 $4,677 $388,475 $53,332 $335,143
2015 $3,027 $248,247 $34,081 $214,166
2014 -- $217,000 $30,000 $187,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230018228

San Diego MLS

APN: 534-021-05-83