NOT LISTED FOR SALE

Estimated Value: $2,024,631

2 Beds
2 Baths
1,751 Sq Ft
$789/mo HOA Fee

Last Sold August 31, 2016

Last sale price $1,500,000 $857 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $12,524/month

109 Days on Market

Highlights

  • Fitness Center
  • Bay View
  • 0.92 Acre Lot
  • Penthouse
  • Gated Community
  • Outdoor Fireplace

About This Home

As of August 2016

Iconic. Sophisticated. Alluring. Penthouse 1200 at historic El Cortez features an Incomparable Great Room/Open Concept Floor Plan! Kitchen/Dining/Living Room Wrapped in Glass with Captivating Panoramic Views from the Mountains to Balboa Park, the Bay, Airport & Downtown Skyline! Limestone Floors in a Herringbone Pattern, Two 30' Balconies extend the Living Space Outdoors! Spacious Master Suite/Master Bath with Steam Shower & Intricate Marble Detail. Mills Act Designation offers Significant Tax Savings! Truly an Entertainer's Dream Home in the Sky! Your own personal "Mister A's" with Jaw Dropping Views of San Diego! 1 of only 4 Penthouse Residences in San Diego's only historically designated high-rise- enriched with history, character & nostalgia. Multi-year Renovation Just Completed! A 30 foot Foyer Gallery leads to 2 Bedrooms & 2 Baths, exquisitely detailed with all new windows, electrical & plumbing. Two HVAC zones. For those with a desire for the extraordinary, Penthouse 1200 offers a character-rich building not often available in San Diego high-rise living, with the Panache of a Modern Luxury Interior. Mills Act Designation benefits significant property tax savings!

Last Agent to Sell the Property

Tugg Snowbarger

Grand Pacific Properties Group License #01311637 Listed on: 03/25/2016

Co-Listed By

Richard Neely

Grand Pacific Properties Group License #01264175

Last Buyer's Agent

Erika Migliore

Keller Williams SD Metro License #01901085

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,426

Year Built

  • Built in 1956

Lot Details

  • 0.92

HOA Fees

  • $789 Monthly HOA Fees

Parking

  • Subterranean Parking

Property Views

  • Bay
  • Panoramic
  • Mountain

Home Design

  • Penthouse
  • Concrete Roof
  • Stucco Exterior

Interior Spaces

  • 1,751 Sq Ft Home
  • Formal Entry
  • Living Room with Fireplace
  • Dining Area
  • Stone Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Home Security

Outdoor Features

  • Balcony
  • Stone Porch or Patio
  • Outdoor Fireplace

Location

  • West of 5 Freeway

Utilities

  • Separate Water Meter
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 534-032-05-82

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gas, hot water, limited insurance, sewer, trash pickup, water
  • 96 Units
  • El Cortez Association, Phone Number (619) 241-2263
  • El Cortez Community
  • 14-Story Property

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,426

Year Built

Built in 1956

Lot Details

0

HOA Fees

$789 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Metro Central
  • Cross Street: 8th Ave
  • Neighborhood: Cortez Hill
  • Supplement: Truly an Entertainer's Dream Home in the Sky! Your own personal "Mister A's" with Jaw Dropping Views of San Diego! 1 of only 4 Penthouse Residences in San Diego's only historically designated high-rise- enriched with history, character & nostalgia. Multi-year Renovation Just Completed! A 30 foot Foyer Gallery leads to 2 Bedrooms & 2 Baths, exquisitely detailed with all new windows, electrical & plumbing. Two HVAC zones. For those with a desire for the extraordinary, Penthouse 1200 offers a character-rich building not often available in San Diego high-rise living, with the Panache of a Modern Luxury Interior. Mills Act Designation benefits significant property tax savings!
  • LP / Sq Ft: 940.61
  • Price Per Sq Ft: 856.65
  • Residential Unit Location: Penthouse
  • SP/ Sq Ft: 856.65
  • Stories: 1 Story
  • Stories In Building: 14
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1956
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 1200
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Stone
  • Equipment Available: Dishwasher, Disposal, Dryer, Fire Sprinklers, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 1
  • Fireplace: Fp In Living Room, Patio/Outdoors
  • Searchable Rooms: Bedroom Entry Level, Dining Area, Formal Entry, MBR Entry Level
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 12x18
  • Full Bathrooms: 2
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 1751
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Patio: Balcony, Stone/Tile
  • Pool: Community/Common
  • Roof: Concrete
  • Spa: Community/Common
  • View: Bay, City, Evening Lights, Mountains/Hills, Panoramic

Garage/Parking

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

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric
  • Security: On Site Guard
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas
  • Telecommunications: Cable (coaxial)

Condo/Co-op/Association

  • Complex Name: El Cortez
  • Total Fees: 9468.0
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 96
  • Total Number of Units: 96
  • Community: DOWNTOWN
  • Complex Features: Exercise Room, Gated Community, On-Site Guard, Pet Restrictions, Pool, Spa/Hot Tub
  • Home Owner Association: El Cortez
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Gas, Hot Water, Limited Insurance, Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 789.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 6192412263

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 12

Fee Information

  • Total Monthly Fees: 789

Lot Info

  • Lot Size: 0 (Common Interest)
  • Site: West of I-5
  • Topography: Level
  • Assessor Parcel Number: 534-032-05-82
  • Estimated Lot Sq Ft: 40043
  • Estimated Number of Acres: 0.9193

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2018
Sold by
Quiroz Alejandro and Quiroz Lisette
Bought by
Quiroz Family Holdings Iii Llc
Total Days on Market
109
Current Estimated Value
$2,024,631

Purchase Details

Listed on
Mar 25, 2016
Closed on
Jul 14, 2016
Sold by
Andrew Christopher P
Bought by
Quiroz Alejandro and Quiroz Lisette
Seller's Agent
Tugg Snowbarger
Grand Pacific Properties Group
Buyer's Agent
Erika Migliore
Keller Williams SD Metro
List Price
$1,649,000
Sold Price
$1,500,000
Premium/Discount to List
-$149,000
-9.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.53%

Purchase Details

Closed on
Nov 21, 2011
Sold by
Funk Kenneth M
Bought by
Andrew Christopher P

Purchase Details

Closed on
Jan 13, 2005
Sold by
Janopaul Block S D #1 Llc
Bought by
Funk Kenneth M and Andrew Christopher P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.25%
Mortgage Type
Unknown
Source: Public Records

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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
Quiroz Family Holdings Iii Llc -- None Available
Quiroz Alejandro $1,500,000 First American Title Company
Andrew Christopher P -- None Available
Funk Kenneth M $1,300,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quiroz Family Holdings Iii Llc $2,128,500
Previous Owner Funk Kenneth M $150,000
Previous Owner Funk Kenneth M $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $1,500,000 -8.9% $857 / Sq Ft
07/12/2016 07/12/16 Pending -- -- --
05/09/2016 05/09/16 Price Changed $1,647,000 -0.1% $941 / Sq Ft
03/25/2016 03/25/16 For Sale $1,649,000 -- $942 / 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
2024 $4,426 $333,191 $133,276 $199,915
2023 $4,880 $372,327 $111,698 $260,629
2022 $6,132 $479,165 $143,749 $335,416
2021 $6,012 $464,296 $139,288 $325,008
2020 $5,977 $463,063 $138,918 $324,145
2019 $5,715 $441,878 $132,563 $309,315
2018 $6,564 $536,791 $161,037 $375,754
2017 $82 $551,974 $165,592 $386,382
2016 $4,864 $394,194 $118,258 $275,936
2015 $4,853 $394,038 $118,211 $275,827
2014 $4,937 $402,913 $120,873 $282,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 160015942

San Diego MLS

APN: 534-032-05-82