See Home Value
$2,250,000 - $2,748,000
House - Off Market

4321 Alder Drive

San Diego, CA 92116
bedrooms
4 Beds
bathrooms
4 Baths
square feet
4035 Sqft
Sold Apr 08, 2022
$2,500,000
$1,875,000 by First Republic Bank
Mortgage Due May 01, 2052

About This Property

Historic Kensington!Historically Designated this past August! Mills Act to follow in 2024! Huge property tax savings. A part of Kensington's Historic past this Spanish Colonial Revival was once in the hands of former Mexican President General Pasqual Ortiz Rubio. Its colorful past is matched with the incredible artwork of renowned Mexican artist and set designer Ignacio Martinez Rendon in the front enclosed loggia. The layout of this home is grand with a sizable front entry on the other side of the elaborate and unique front door. Upon entering, the family room is off the entry to the right with its corner fireplace, original lighting fixtures and elaborate hand painted ceiling. Ahead through the beveled glass doors is a magnificent step down living room with beamed ceiling, majestic fireplace and ample room to create a few seating areas. Formal dining will hold a table for 12 or more with dual chandeliers. The kitchen with vintage appliances will please any chef and the adjacent nook is extremely charming and inviting. Upstairs, four bedrooms await as well as a hall vintage bath. Up just a few more steps is the grand main bedroom with enough square footage to have a seating area. The vintage bath is off in a separate alcove and again very spacious. The fixtures and tile work all original are amazing! Two bedrooms on the level below the first floor are versatile in their use and a three quarter bath separates them. Nine hundred square feet of patio on the main level all in Spanish pavers and the central fountain sets the stage.

The manager has listed the unit size as 4035 square feet.
Unit Size
4,035Ft²
Days on Market
-
Land Size
-
Price per sqft
$619
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2000

Price History

Date / Event Date Event Price
Jan 29, 2024 No longer available -
No longer available
Nov 21, 2023 Listed $2,499,000
Listed
Mar 28, 2023 No longer available -
No longer available
Feb 7, 2023 Listed $2,499,000
Listed
Significant potential for designation and Mills Act. Owner package submitted to the city for getting on the docket and designation this year. Double lot! A part of Kensington's Historic past this Spanish Colonial Revival was once in the hands of former Mexican President General Pasqual Ortiz Rubio. Its colorful past is matched with the incredible artwork of renowned Mexican artist and set designer Ignacio Martinez Rendon in the front enclosed loggia. The layout of this home is grand with a…
Apr 9, 2022 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Frame
  • Building Style: Mediterranean
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 21,088
  • Total Building Area: 4,035
  • Building Area: 4,035
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 4,035
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TALMADGE PARK
  • Land Acres: 0.484
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: LOTS 275 & 276 TR 001878

Ownership

  • Current Owner : TEGGIN FAMILY TRUST
  • Previous Owner : COFFIN FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Diego City Unified School District
  • School Tax School District: SAN DIEGO CITY
  • Census Tract: 002001

Zoning

  • Zoning: OR-1-1

Geography

  • Assessors Map Reference: 001878
  • Subdivision Tract Number: 001878
  • Parcel: 465-273-13-00
  • Lot: 275,2
  • Municipality: CITY OF SAN DIEGO
  • Latitude: 32.7653
  • Longitude: -117.101

    Address

  • Full Address: 4321 Alder Dr
  • Address - House Number: 4321
  • Address - Street Name: Alder
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: San Diego
  • Carrier Code: C017
  • 4-Digit Zip Code: 2323
  • Zip Code: 92116

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $28,557
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 08-001

    Appraisal Valuation

  • Standard Deviation: 0.0528
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 99
  • Final Value: 2,500,296
  • High Value: 2,632,327
  • Low Value: 2,368,265

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,875,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Apr 08, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,875,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,320,000
  • Assessed Land Value: $1,577,000
  • Assessed Improvements Value: $743,000

    Sales

  • Current Sale Contract Date: Mar 16, 2022
  • Current Sale Recording Date: Apr 08, 2022
  • Current Sale Transaction ID: 11884176170
  • Current Sale Price: $2,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 155756

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Apr 08, 2022
  • First Mortgage Loan Amount: $1,875,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,526 ft²
$988/ft²
$2,495,000 Sep 25, 2023
-
-
House
3 Beds
2.5 Baths
2,474 ft²
$1,089/ft²
$2,695,000 Sep 29, 2023
-
-

About Mid-City


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Frequently Asked Questions

When was property at 4321 Alder Drive built and last sold?
The property at 4321 Alder Drive was built in 2000 and last sold on Mar 16, 2022 for $2,500,000.
How much is this home worth?
The estimated value of the home located at 4321 Alder Drive is $2,553,442.
What are some comparable homes to 4321 Alder Drive?
Homes that are comparable to 4321 Alder Drive include a house property at 4327 North Talmadge Drive, 4031 North Hempstead Circle, which are both great to check out.

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