NOT LISTED FOR SALE

Estimated Value: $471,422

1 Bed
1 Bath
782 Sq Ft
$1,060/mo HOA Fee

Last Sold January 29, 2024

Last sale price $475,000 $607 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,851/month

6 Days on Market

Highlights

  • Fitness Center
  • Gated Parking
  • End Unit
  • In Ground Pool
  • City Lights View
  • Living Room

About This Home

As of January 2024

Start off 2024 in your new beautifully remodeled, corner-unit. Sitting high up, this open, light-infused interior offers a spacious bedroom, full sized bath, majestic large windows allowing abundant natural light (sound dampening dual pane in bedrooms), treetop and city views. Wood flooring throughout, a sleek granite kitchen with stainless appliances and multiple large closets. This ideal location is walking distance to Balboa Park, Little Italy, the Gaslamp District and Petco Park. It’s downtown living that feels like a neighborhood. Building's amenities include secured parking with EV chargers, incredible gym, on-site management, BBQs, spacious view decks, and pool area. A gourmet quick mart, coffee shop, breakfast cafe and yoga studio located downstairs. This home has APPROVED MILLS ACT creating significant reduction on your property taxes. Don't miss this fantastic opportunity to own in the gorgeous, historical El Cortez building.

Last Listed By

Jesse McManus

LPT Realty, Inc. License #01827467 Listed on: 01/13/2024

LPT Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,823

Year Built

  • Built in 1929

Lot Details

  • 0.92

HOA Fees

  • $1,060 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Gated Parking
  • Community Parking Structure

Property Views

  • City Lights
  • Peek-A-Boo
  • Views of a landmark

Interior Spaces

  • 782 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • Dressing Area
  • 1 Full Bathroom

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Utilities

  • Central Air
  • Hot Water Heating System

Additional Features

  • End Unit
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 5340320516

Community Details

Overview

  • 85 Units
  • El Cortez HOA, Phone Number (619) 877-0045
  • El Cortez

Amenities

  • Laundry Facilities

Recreation

Security

  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,823

Year Built

Built in 1929

Lot Details

0

HOA Fees

$1,060 per month

Parking

1

Listing Details

  • Assessments: No
  • Park Name: El Cortez
  • Property Attached: Yes
  • View: Yes
  • Zoning: Condo
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5340320516
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 782.00
  • Stories: 1
  • Entry Location: 1
  • Common Walls: End Unit
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 2
  • Levels: One
  • Price Per Square Foot: 607.42
  • Room Type: Dressing Area, Entry, Living Room

Exterior Features

  • View: City Lights, Landmark, Peek-A-Boo
  • Fence: No
  • Pool Features: Community, In Ground
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Community Structure, Gated
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access, Gym/Ex Room, Hot Water, Management, Pool
  • Association Fee: 1060.00
  • Association Fee Frequency: Monthly
  • Association Name: El Cortez HOA
  • Phone: 619-877-0045
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Schools

  • School District: San Diego Unified

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: Yes
  • Number Of Units In Community: 85

Tax Info

  • Tax Tract Number: 999999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2024
Sold by
Mulligan Michael
Bought by
M Mulligan Family Trust and Mulligan
Total Days on Market
6
Current Estimated Value
$471,422

Purchase Details

Listed on
Jan 13, 2024
Closed on
Jan 23, 2024
Sold by
Jones Allison George
Bought by
Mulligan Michael
Seller's Agent
Jesse McManus
LPT Realty, Inc.
Buyer's Agent
Gregg Neuman
Berkshire Hathaway HomeServices California Properties
List Price
$499,995
Sold Price
$475,000
Premium/Discount to List
-$24,995
-5%
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.64%

Purchase Details

Listed on
May 21, 2022
Closed on
Jun 10, 2022
Sold by
Mercedes Iglesias
Bought by
Jones Allison George
Seller's Agent
Jean Paul Schwarz
The Schwarz Group
Buyer's Agent
Aviva Kamler
McGuire Real Estate
List Price
$477,850
Sold Price
$480,000
Premium/Discount to List
$2,150
0.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.66%
Original Mortgage
$328,000
Interest Rate
5.25%
Mortgage Type
Balloon

Purchase Details

Listed on
Oct 28, 2021
Closed on
Nov 8, 2021
Sold by
Ramirez Daniel E and Ramirez Lonna J
Bought by
Iglesias Mercedes
Seller's Agent
Adam Antinone
Antinone Real Estate
Buyer's Agent
Sean Zanganeh
Keller Williams Realty
List Price
$374,900
Sold Price
$380,000
Premium/Discount to List
$5,100
1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.60%

Purchase Details

Closed on
Jan 29, 2015
Sold by
Moore Edward F and Moore Colleen M
Bought by
Ramirez Daniel E and Ramirez Lonna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2014
Sold by
Moore Edward F and Moore Colleen M
Bought by
Moore Edward F and Moore Colleen M

Purchase Details

Closed on
Feb 24, 2014
Sold by
Moore Edward F and Moore Colleen M
Bought by
Moore Colleen M

Purchase Details

Closed on
Jun 23, 2011
Sold by
Mavrix Equity Group Inc
Bought by
Moore Edward F

Purchase Details

Closed on
Aug 27, 2010
Sold by
Ballantyne Herbert R and Skillman Joe W
Bought by
Mavrix Equity Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
4.28%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 11, 2005
Sold by
Ballantyne Herbert R and Skillman Joe W
Bought by
Skillman Joe W and Ballantyne Skillman Kathi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
4.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 29, 2004
Sold by
Janopaul Block S D #1 Llc
Bought by
Ballantyne Herbert R and Skillman Joe W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
4.62%
Mortgage Type
Unknown

Range of Values:

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Average Value
Not Available
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
M Mulligan Family Trust -- None Listed On Document
Mulligan Michael $475,000 Lawyers Title Company
Jones Allison George $480,000 Ticor Title
Iglesias Mercedes $380,000 First American Title Company
Ramirez Daniel E $325,000 California Title Company
Moore Edward F -- None Available
Moore Colleen M -- None Available
Moore Edward F $182,500 Lawyers Title
Mavrix Equity Group $140,000 Settlementone Title
Skillman Joe W -- Chicago Title Co
Ballantyne Herbert R $380,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Allison George $328,000
Previous Owner Ramirez Daniel E $260,000
Previous Owner Mavrix Equity Group $183,750
Previous Owner Ballantyne Herbert R $304,000
Closed Ballantyne Herbert R $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2024 01/29/24 Sold $475,000 -5.0% $607 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
01/13/2024 01/13/24 For Sale $499,995 +4.2% $639 / Sq Ft
06/30/2022 06/30/22 Sold $480,000 +0.4% $614 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $477,850 +25.8% $611 / Sq Ft
11/22/2021 11/22/21 Sold $380,000 +1.4% $486 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $374,900 0.0% $479 / Sq Ft
04/25/2020 04/25/20 Rented $1,925 0.0% --
04/01/2020 04/01/20 For Rent $1,925 0.0% --
02/21/2019 02/21/19 Rented $1,925 0.0% --
02/11/2019 02/11/19 For Rent $1,925 0.0% --
04/01/2015 04/01/15 Sold $325,000 -1.5% $416 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
01/21/2015 01/21/15 For Sale $329,900 -- $422 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $1,823 $133,276 $53,310 $79,966
2023 $5,822 $461,000 $156,000 $305,000
2022 $4,704 $380,000 $128,615 $251,385
2021 $4,607 $360,848 $122,133 $238,715
2020 $4,549 $357,149 $120,881 $236,268
2019 $4,464 $350,147 $118,511 $231,636
2018 $4,176 $343,283 $116,188 $227,095
2017 $82 $336,553 $113,910 $222,643
2016 $4,006 $329,955 $111,677 $218,278
2015 $2,285 $190,729 $83,607 $107,122
2014 $2,233 $186,994 $81,970 $105,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2400273

California Regional Multiple Listing Service (CRMLS)

APN: 534-032-05-16