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San Diego, CA 92101
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| General Info | | Location: San Diego > Downtown | | Neighborhood: Cortez Hill | | Community: Discovery | | Zoning: Single Family Residential | | Use: Condominium | | Parcel Number: 5340241838 | | Square Feet: n/a | | Bedrooms: n/a | | Bathrooms: n/a | | Tax Assesment | | Land Value: $107,100 | | Improvement Value: $321,300 | | Net Value: $428,400 | | Est Property Tax: $5,355 | |
| Sales History |
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| 08/22/2008 | $256,500 | 3y 3m | -39% | -14% | | 05/05/2005 | $420,000 | 2y 9m | 92% | 27% | | 07/29/2002 | $219,000 | n/a | - | - |
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Nearby Properties |
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| 850 Beech St #415 | 7/15/2002 | $325,000 | | 850 Beech St #416 | 5/29/2003 | $395,000 | | 850 Beech St #417 | 12/4/2006 | $380,000 | | 850 Beech St #418 | 7/31/2002 | $216,858 | | 850 Beech St #501 | 8/23/2007 | $441,500 | | 850 Beech St #503 | 8/3/2007 | $532,000 | | 850 Beech St #504 | 9/27/2002 | $425,000 | | 850 Beech St #505 | 1/31/2003 | $289,000 | | 850 Beech St #506 | 4/29/2005 | $585,000 | | 850 Beech St #507 | 7/21/2003 | $425,000 |
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Nearby Listings For Sale |
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| 850 Beech St #105 | $368,000 to $388,888 | | 850 Beech #203 | $350,000 to $395,000 | | 850 Beech #416 | $305,000 | | 850 Beech St #405 | $309,950 | | 850 Beech St #403 | $470,000 | | 850 Beech St #1206 | $530,000 | | 850 Beech #214 | $215,000 | | 850 Beech #2201 | $789,900 | | 875 G St #312 | $299,000 | | 850 Beech #101 | $644,000 to $750,000 |
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| Brian 4/14/2008 11:15:28 AM | Reply |
List Price: $349,000 to $399,000
MLS#: 078096605
3 years of "buying and holding for your future."
What do you get? $70k loss + holding costs + carrying costs.
Did you know that a plane ticket to Europe is about $700? I wonder how many vacations (or other personal enjoyment) this buyer gave up in order to "build equity for the future"? Or the "ownership premium" could have safely accumulated over 3 years in a savings account at the local credit union.
Prior year's property taxes due: $13,110.68
Last year's taxes due: 5,431.38
The signs of distress are all there.
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| | Brian 4/14/2008 11:18:58 AM | Reply |
It appears the owner is a mortgage executive -- of course.
| | | | Brian 5/7/2008 10:07:51 AM | Reply |
Now off the market. | | | | Brian 5/30/2008 3:42:10 PM | Reply |
List Price: $269,900
MLS#: 080038891
$13,256.75 Prior years' defaulted taxes
$5,431.38 Last year's defaulted taxes. | | | | Brian 7/25/2008 2:19:54 PM | Reply |
Pending. | | | | View this topic in the full forums to upload pictures and report abuse. |
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