NOT LISTED FOR SALE

8978 Spectrum Center Blvd San Diego, CA 92123

Kearny Mesa Neighborhood

Estimated Value: $863,000 - $946,000

2 Beds
2.5 Baths
1,600 Sq Ft
$559/Sq Ft Est. Value

Last Sold September 12, 2018

Last sale price $572,000 $358 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,801/month

17 Days on Market

Highlights

  • Fitness Center
  • 4.42 Acre Lot
  • Clubhouse
  • Wegeforth Elementary School Rated A-
  • Open Floorplan
  • Marble Flooring

About This Home

As of September 2018

Dramatic front entry leads to main level with beautiful plank hardwood flooring, fireplace, ceiling fan, crown molding, large windows and great natural light! Kitchen features great cabinet space, custom two-tone marble floors & private balcony. Newer front-load Washer/Dryer and small built-in desk/workstation at top of second level. Bedrooms feature plank hardwood floors, crown molding, ceiling fans, and custom window treatments. Investors, rare cash flow investment in equity based SD Co! Contemporary Boardwalk @ Spectrum Community, Kearny Mesa, 2B/2.5BA town-home features Crown molding, plank hardwood floors, recessed lighting, high ceilings, fireplace, patio off large kitchen, marble flooring, gas range, built-in refrigerator, upgraded in-unit full size front load washer/dryer. Half-bath on main level for guest & built-in office upstairs., step down to access attached oversized 2 car garage with epoxy coated flooring. Seller loved having no parking directly in front of their unit and kept the views open. Community Features: Guest Parking, Fitness Center & BBQ area.

Last Agent to Sell the Property

Jenae Peckham

Greater San Diego Real Estate License #01320057 Listed on: 08/03/2018

Last Buyer's Agent

Monique Gonzales

Keller Williams RealtyLa Jolla License #01995948

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,628

Year Built

  • Built in 2004

Lot Details

  • 4.42

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Tandem Garage
  • Garage Door Opener
  • Guest Parking
  • Parking Permit Required

Property Views

  • Park or Greenbelt
  • Neighborhood

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Common Roof
  • Clay Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Area
  • Interior Storage Closet

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Full Size Washer or Dryer
  • Dryer
  • Washer

Additional Features

  • Balcony
  • Partially Fenced Property
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 369-221-12-88

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, limited insurance, roof maintenance, sewer, trash pickup
  • 8 Units
  • Boardwalk At Spectrum Association, Phone Number (800) 527-3914
  • Boardwalk @ Spectrum Community

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Fitness Center

Pet Policy

  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,628

Year Built

Built in 2004

Lot Details

0

HOA Fees

$265 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: Townhome
  • Market Area: Metro
  • Cross Street: Paramount
  • Neighborhood: Spectrum
  • Supplement: Contemporary Boardwalk @ Spectrum Community, Kearny Mesa, 2B/2.5BA town-home features Crown molding, plank hardwood floors, recessed lighting, high ceilings, fireplace, patio off large kitchen, marble flooring, gas range, built-in refrigerator, upgraded in-unit full size front load washer/dryer. Half-bath on main level for guest & built-in office upstairs., step down to access attached oversized 2 car garage with epoxy coated flooring. Seller loved having no parking directly in front of their unit and kept the views open. Community Features: Guest Parking, Fitness Center & BBQ area.
  • LP / Sq Ft: 363.75
  • Price Per Sq Ft: 357.5
  • SP/ Sq Ft: 357.5
  • Stories: 3 Story
  • Stories In Building: 3
  • Ownership: Condominium
  • Total Stories: 3
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Bathtub, High Ceilings (9 Feet+), Open Floor Plan, Recessed Lighting, Shower, Shower In Tub, Storage Space, Unfurnished, Kitchen Open To Family Rm
  • Flooring: Wood, Marble
  • Equipment Available: Dishwasher, Dryer, Garage Door Opener, Microwave, Range/Oven, Refrigerator, Washer, Gas Cooking
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Searchable Rooms: Breakfast Area, Dining Area, Family Room, Kitchen, Master Bedroom, All Bedrooms Up, Laundry, Master Bathroom
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 17x13
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Laundry Location: Closet Full Sized
  • Estimated Sq Ft: 1600
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Brick, Wood/Stucco
  • Fencing: Partial
  • Patio: Balcony
  • Roof: Composition, Tile/Clay, Common Roof
  • View: Greenbelt, Parklike, Neighborhood
  • Three or more Steps To Entry: Yes

Garage/Parking

  • Garage Details: Attached, Tandem, Direct Garage Access, Garage Door Opener
  • Garage Spaces: 2
  • Non Garage Parking: Permit/Decal, Guest Parking
  • Parking Spaces Total: 2

Utilities

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

Condo/Co-op/Association

  • Complex Name: Boardwalk @ Spectrum
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 8
  • Total Number of Units: 90
  • Property Management Company: First Residential
  • Property Management Phone: 800-527-3914
  • Community: KEARNY MESA
  • Complex Features: BBQ, Clubhouse/Rec Room, Exercise Room, Pet Restrictions
  • Home Owner Association: Boardwalk at Spectrum
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Limited Insurance, Roof Maintenance, Sewer, Trash Pickup
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 265.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 800-527-3914

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 2

Fee Information

  • Total Monthly Fees: 265

Lot Info

  • Lot Size: 0 (Common Interest)
  • Site: Curbs, Public Street, Sidewalks, Street Paved
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 369-221-12-88
  • Estimated Lot Sq Ft: 192613
  • Estimated Number of Acres: 4.42
  • Map Code Column: D
  • Map Code Page: 1249
  • Map Code Row: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2018
Closed on
Aug 29, 2018
Sold by
Groh Rene and Groh Megan Lynn
Bought by
Lam Du Hong and Lam Yu Jin Choi
Seller's Agent
Jenae Peckham
Greater San Diego Real Estate
Buyer's Agent
Monique Gonzales
Keller Williams RealtyLa Jolla
List Price
$582,000
Sold Price
$572,000
Premium/Discount to List
-$10,000
-1.72%
Current Estimated Value
$887,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,168
Avg. Annual Appreciation
6.69%
Original Mortgage
$427,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2005
Sold by
Spectrum 90 Investors Llc
Bought by
Groh Rene and Groh Megan Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.05%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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
Lam Du Hong $572,000 Chicago Title Company
Groh Rene $566,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Du Hong $413,000
Closed Lam Du Hong $427,000
Previous Owner Groh Megan Lynn $170,000
Previous Owner Groh Rene $359,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2018 09/12/18 Sold $572,000 -1.7% $358 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $582,000 -- $364 / 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 $7,628 $638,072 $306,275 $331,797
2024 $7,628 $625,562 $300,270 $325,292
2023 $7,459 $613,297 $294,383 $318,914
2022 $7,259 $601,272 $288,611 $312,661
2021 $7,208 $589,483 $282,952 $306,531
2020 $7,120 $583,439 $280,051 $303,388
2019 $6,991 $572,000 $274,560 $297,440
2018 $6,197 $525,000 $252,000 $273,000
2017 $80 $490,000 $236,000 $254,000
2016 $5,665 $480,000 $232,000 $248,000
2015 $5,079 $430,000 $208,000 $222,000
2014 $5,016 $430,000 $208,000 $222,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 180042956

San Diego MLS

APN: 369-221-12-88