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525 11th Ave #1203


San Diego, CA  92101
General Info
Location:  San Diego > Downtown
Neighborhood:  East Village
Community:  Park Blvd West
Zoning:  Single Family Residential
Use:  Condominium
Parcel Number:  5351231318
Square Feet:  n/a
Bedrooms:  n/a
Bathrooms:  n/a
Tax Assesment
Land Value:  $125,000
Improvement Value:  $292,500
Net Value:  $417,500
Est Property Tax:  $5,219
Sales History
DatePriceHeldReturnAnnual
07/12/2005$417,5009m40%51%
09/22/2004$299,145n/a-   -   
Nearby Properties
AddressSales DatePrice
525 11th Ave #11189/24/2004$412,611
525 11th Ave #11202/21/2006$364,900
525 11th Ave #11226/8/2005$386,000
525 11th Ave #12014/28/2005$412,000
525 11th Ave #12029/23/2004$294,028
525 11th Ave #12049/22/2004$425,836
525 11th Ave #12054/27/2005$490,000
525 11th Ave #120611/15/2007$250,000
525 11th Ave #12073/14/2006$490,000
525 11th Ave #12089/21/2004$294,529
Nearby Listings For Sale
AddressPrice
1050 Island Ave #523$385,000   
525 11th #1305$307,400   
1050 Island Ave #102$399,000 to $429,000   
1050 Island #415$575,000   
1050 Island Ave #205$419,000   
1025 Island #103$430,000   
1025 Island #206$659,000   
1050 Island #611$495,000 to $515,000   
427 9th #1106$579,000   
877 Island Ave #1004$3,320,000   
Media

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 Discussion

Anonymous 9/8/2007 7:41:05 PMReply

List Price: $268,000
MLS#: 076071675

This one is a whopper of a loss from 2005 price. Bank owned REO.
 
justwondering 9/9/2007 9:20:19 AMReply

Which is better Realtor(R) speak: "priced way below market" or "comes with built-in equity"?
 
Anonymous 9/9/2007 9:29:10 AMReply

Built-in equity is so stupid. If it's there's "instant equity," why don't they buy it themselves for a flip? Sorry, I wasn't born yesterday.
 
Smith 9/9/2007 9:36:46 AMReply

I think you only really get "Instant Equity" if you buy a property that needs work and you have the skills to gauge how much work and manage that work to cause a property to be worth more than was paid for the upgrade work.
 
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