NOT LISTED FOR SALE

Solara Lofts 1551 4th Ave Unit 511 San Diego, CA 92101

Cortez Hill Neighborhood

Estimated Value: $613,000 - $721,000

2 Beds
1.5 Baths
1,165 Sq Ft
$760/mo HOA Fee

Last Sold July 16, 2024

Last sale price $694,000 $596 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,043/month

Highlights

  • Fitness Center
  • Sauna
  • Level Lot
  • 0.35 Acre Lot
  • Security Guard

About This Home

As of July 2024

Welcome to your urban oasis in the heart of downtown San Diego at Solara Lofts! This stunning open concept condo boasts a contemporary design that perfectly blends sophistication with comfort. The abundance of natural light and warm wood floors that flow seamlessly throughout the space, create an inviting atmosphere. The open layout effortlessly connects the living, dining, and kitchen areas, providing the perfect setting for entertaining guests or enjoying quiet evenings at home. Relax and unwind on your private South facing balcony, where you can soak in the bustling energy of downtown while savoring your morning coffee or watching the sunset over the skyline. This modern condo features in unit laundry and two coveted parking spaces, guest parking, bike locker, and storage locker! Enjoy the wine bar on the first floor or walk to vibrant Little Italy, you'll have the best of city living right at your doorstep. Solara Lofts offers an array of luxurious amenities, including on-site security, fitness center, soothing saunas for relaxation, and racquetball courts for some friendly competition. Experience the ultimate urban lifestyle at Solara Lofts, where every day feels like a luxurious retreat in the heart of the city.

Last Agent to Sell the Property

Max Folkers

RE/MAX Pacific License #01466910 Listed on: 05/16/2024

RE/MAX Pacific

Last Buyer's Agent

Jeff Grant

Sand & Sea Investments License #01773893

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,243

Year Built

  • Built in 1996

Lot Details

  • 0.35

HOA Fees

  • $760 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • 1,165 Sq Ft Home
  • Common Roof

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 533-384-17-46

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, roof maintenance, trash pickup, security
  • 77 Units
  • Action Property Mgmt Association, Phone Number (800) 400-2284
  • Solara Lofts Community
  • 8-Story Property

Recreation

Additional Features

  • Sauna
  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,243

Year Built

Built in 1996

Lot Details

0

HOA Fees

$760 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Metro Central
  • Cross Street: Cedar St.
  • Neighborhood: Cortez Hill
  • LP / Sq Ft: 582.83
  • Price Per Sq Ft: 595.71
  • SP/ Sq Ft: 595.71
  • Stories: 1 Story
  • Stories In Building: 8
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 1996
  • 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: 511
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 18x14
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Laundry Location: Inside
  • Estimated Sq Ft: 1165
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Wood/Stucco
  • Roof: Common Roof

Garage/Parking

  • Garage Details: Assigned, Community Garage
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

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

Condo/Co-op/Association

  • Complex Name: Solara Lofts
  • Total Fees: 9123.72
  • Units In Building: 77
  • Total Number of Units: 77
  • Community: DOWNTOWN
  • Complex Features: Exercise Room, On-Site Guard, Sauna
  • Home Owner Association: Action Property Mgmt
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Roof Maintenance, Trash Pickup, Security
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 760.31
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 800-400-2284

Association/Amenities

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

Fee Information

  • Total Monthly Fees: 760

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 533-384-17-46
  • Estimated Lot Sq Ft: 15034
  • Estimated Number of Acres: 0.35
  • Map Code Column: A
  • Map Code Page: 1289
  • Map Code Row: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
May 29, 2024
Sold by
Dellisant Michael A
Bought by
Sanz Derek
Seller's Agent
Max Folkers
RE/MAX Pacific
Buyer's Agent
Jeff Grant
Sand & Sea Investments
List Price
$679,000
Sold Price
$694,000
Premium/Discount to List
$15,000
2.21%
Views
46
Current Estimated Value
$681,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,600
Avg. Annual Appreciation
-1.82%
Original Mortgage
$623,900
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 5, 2019
Closed on
Mar 1, 2019
Sold by
Brien Michael J O and Brien Courtney D O
Bought by
Dellisant Michael A
Seller's Agent
Chad Dannecker
Compass
Buyer's Agent
Max Folkers
RE/MAX Pacific
List Price
$479,900
Sold Price
$457,000
Premium/Discount to List
-$22,900
-4.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%
Original Mortgage
$365,600
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2007
Sold by
1515 Partners Llc
Bought by
Obrien Michael J and Obrien Courtney D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sanz Derek $694,000 Fidelity National Title
Dellisant Michael A $457,000 Innovative Title Company
Obrien Michael J $589,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanz Derek $623,900
Previous Owner Dellisant Michael A $131,931
Previous Owner Delliasant Michael A $351,500
Previous Owner Dellisant Michale A $367,500
Previous Owner Dellisant Michael A $365,600
Previous Owner Obrien Michael J $320,000
Previous Owner Obrien Michael J $50,445
Previous Owner Obrien Michael J $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2024 07/16/24 Sold $694,000 +2.2% $596 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $679,000 +48.6% $583 / Sq Ft
03/18/2019 03/18/19 Sold $457,000 -0.6% $392 / Sq Ft
02/19/2019 02/19/19 Pending -- -- --
02/16/2019 02/16/19 Price Changed $459,900 -4.2% $395 / Sq Ft
02/05/2019 02/05/19 For Sale $479,900 -- $412 / 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 $6,243 $499,793 $218,727 $281,066
2023 $6,099 $489,994 $214,439 $275,555
2022 $5,933 $480,387 $210,235 $270,152
2021 $5,885 $470,968 $206,113 $264,855
2020 $5,810 $466,140 $204,000 $262,140
2019 $5,787 $457,000 $200,000 $257,000
2018 $6,023 $500,000 $147,000 $353,000
2017 $5,700 $475,000 $140,000 $335,000
2016 $5,715 $475,000 $140,000 $335,000
2015 $5,711 $475,000 $140,000 $335,000
2014 $5,629 $475,000 $140,000 $335,000
Source: Public Records

Agents Affiliated with this Home

  • Max Folkers

    Seller's Agent in 2024

    Max Folkers

    RE/MAX

    (619) 977-8364

    2 in this area

    145 Total Sales

    Max Folkers
    Section Image
  • Jeff Grant

    Buyer's Agent in 2024

    Jeff Grant

    Sand & Sea Investments

    (858) 336-9836

    2 in this area

    82 Total Sales

    Jeff Grant
    Section Image
  • Chad Dannecker

    Seller's Agent in 2019

    Chad Dannecker

    Compass

    (619) 658-3603

    10 in this area

    460 Total Sales

    Chad Dannecker
    Section Image
See All Agents

About Solara Lofts

Map

Source: San Diego MLS

MLS Number: 240010826

San Diego MLS

APN: 533-384-17-46

California San Diego County San Diego 92101 Cortez Hill

1551 4th Ave Unit 511, San Diego, CA

This home is located at 1551 4th Ave Unit 511, San Diego, CA 92101 since 16 May 2024 and is currently estimated at $681,400, approximately $584 per square foot. This property was built in 1996. 1551 4th Ave Unit 511 is a home located in San Diego County with nearby schools including Washington Elementary School, Roosevelt International Middle School, and Museum School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

San Diego MLS This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS.

Nearby Homes