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San Diego, CA 92101
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| General Info | | Location: San Diego > Downtown | | Neighborhood: Cortez Hill | | Community: The Mills | | Zoning: Single Family Residential | | Use: Condominium | | Parcel Number: 5340111263 | | Square Feet: n/a | | Bedrooms: n/a | | Bathrooms: n/a | | Tax Assesment | | Land Value: $78,030 | | Improvement Value: $181,549 | | Net Value: $259,579 | | Est Property Tax: $3,245 | |
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Nearby Properties |
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| 1643 6th Ave #412 | 7/9/2004 | $505,182 | | 1643 6th Ave #413 | 10/26/2005 | $643,150 | | 1643 6th Ave #414 | 7/20/2004 | $251,855 | | 1643 6th Ave #415 | 8/4/2004 | $509,244 | | 1643 6th Ave #416 | 10/4/2004 | $539,500 | | 1643 6th Ave #418 | 7/7/2004 | $239,500 | | 1643 6th Ave #513 | 7/22/2004 | $679,500 | | 1643 6th Ave #514 | 8/19/2004 | $295,500 | | 1643 6th Ave #515 | 9/16/2004 | $549,500 | | 1643 6th Ave #516 | 9/13/2004 | $560,434 |
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Nearby Listings For Sale |
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| 1643 6th #303 | $399,000 | | 1643 6th Ave #217 | $149,900 | | 1643 6th #216 | $349,000 | | 1551 4th Ave #309 | $459,900 | | 1551 4th Ave #304 | $277,900 | | 850 Beech St #105 | $368,000 to $388,888 | | 1551 4th Ave #809 | $1,055,900 | | 1551 4th Ave #208 | $499,900 | | 207 5th Ave #1252 | $580,000 | | 1650 8th #401 | $189,000 to $199,000 |
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| Anonymous 5/20/2007 8:35:18 PM | Reply |
Now listed at exactly 2004 price.
I expect this unit to drop much further before there's a sale.
List Price: $249,000
MLS#: 076040666
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| | Smith 5/20/2007 9:11:38 PM | Reply |
The studios at The Mills have the worst design of any real estate produced downtown in the last 10 years. They would work as an occasional place to spend the night but would be extremely hard to live in full time. | | | | Anonymous 8/9/2007 9:18:27 PM | Reply |
List Price: $239,000
MLS#: 076040666
Price reduction.
I won't be surprised to see this units go below $200k this year.
| | | | Smithers 8/10/2007 12:28:45 PM | Reply |
I don't know what the mortgage amount is, but this seller may not be able to go there without writing a check or getting bank to agree to short sale. | | | | Anonymous 8/10/2007 1:09:50 PM | Reply |
Well, that's his problem, isn't it?
I think that we might soon get to below $200k for a basic condo when the foreclosure accelerate. I think that 1/1 condos below $200k will be common in 2008, whereas they didn't exist before. | | | | Jimbo 8/11/2007 12:19:39 PM | Reply |
Just wait til October 07 when most of the option arms written in the last 2-3 years will reset to market rate interest rates. Most monthly payments will increase $400/ per month minimum. This should drive out the remaining investors renting out there units downtown. They say the mix of owner occupied to investor owned condos for downtown is 50/50.
The banks will have so many foreclosures, they won't know what to do with them. | | | | Brian 1/24/2008 2:31:46 PM | Reply |
List Price: $219,999
MLS#: 086003503
Even the low price condos aren't selling downtown.
Jimbo, I believe you meant Oct 2008. I'm waiting with bated breath. :)
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