5875 Reo Ter E, San Diego, California 92139, San Diego, 92139 - 2 bed, 3 bath

5875 Reo Ter E, San Diego, California 92139 home-pic-0
ACTIVE$546,000
5875 Reo Ter E, San Diego, California 92139
2Beds
3Baths
1,240Sqft
208,957.313Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Turnkey Condition & Modern Interior: The condo features a freshly updated interior with new paint, modern laminate flooring, recessed lighting, and updated toilets, presenting a move-in ready home with contemporary design and finishes.
Top Cons:
Significant Price History Volatility: The property has undergone a substantial price reduction from its initial listing of $660,000 to $546,000, and previously sold for $445,000 in 2023, which may prompt buyer scrutiny regarding its current market valuation.

Compared to the nearby listings

Price:$546.0K vs avg $500.0K (+$46,000)65%
Size:1,240 sqft vs avg 1,080 sqft82%
Price/sqft:$440 vs avg $50529%

More Insights

Built in 1982 (43 years old).
Condition: This property, built in 1982, has undergone significant cosmetic updates, including new paint, modern laminate flooring, recessed lighting, and updated toilets, making it move-in ready. The kitchen features a modern subway tile backsplash and refreshed white cabinets, aligning with current trends. However, the white appliances (including an electric coil stove) and laminate countertops, while functional and clean, are not high-end or newly installed, preventing an 'Excellent' rating. The overall condition reflects a well-maintained home with recent cosmetic renovations, fitting the 'Good' criteria of being extensively renovated within the last 5-15 years and requiring no immediate renovation.
Year Built
1982
Close
-
List price
$546K
Original List price
$660K
Price/Sqft
$440
HOA
$525
Days on market
-
Sold On
-
MLS number
IG25222760
Home ConditionGood
Features
Patio
ViewPark/Greenbelt, Neighborhood

About this home

Discover comfort and style at 5875 Reo Ter Unit E, a charming two-story condo tucked inside a desirable San Diego community. Beatiful 2 beds, 3 baths with a 1 car garage. Step into a freshly updated interior featuring new paint, modern laminate flooring, recessed lighting, and updated toilets that make the home feel clean and move-in ready. The inviting living room offers a cozy fireplace, while the kitchen provides a bright and functional space, perfectly accented with modern design and décor that matches today’s current trends. Upstairs, the thoughtful layout enhances privacy and flow, making it a great fit for families, couples, or roommates. With tasteful finishes throughout, this residence offers both convenience and style in every detail. Beyond the home, enjoy the perks of community living with access to a sparkling pool, lush parks, and open spaces designed for relaxation, recreation, and gathering with neighbors. Ideally located, you’ll have easy access to shopping, dining, and major freeways, making daily living and commuting a breeze. This home checks all the boxes—modern updates, great condition, and a welcoming community environment. With highly ranked schools less than 3 miles away, from elementary level (Lee Elementary School) Middle (Bell Middle School) to High School (Morse High School). Shopping centers 3 miles away (Westfield Plaza Bonita (Plaza Bonita)) and Hospitals nearby (Sharp HealthCare Clinics, UC San Diego Helath, Kaiser Permanente). Move right in and start enjoying the San Diego lifestyle today with beaches 8 miles away!

Price History

Date
Event
Price
07/14/23
Sold
$445,000
Condition Rating
Good

This property, built in 1982, has undergone significant cosmetic updates, including new paint, modern laminate flooring, recessed lighting, and updated toilets, making it move-in ready. The kitchen features a modern subway tile backsplash and refreshed white cabinets, aligning with current trends. However, the white appliances (including an electric coil stove) and laminate countertops, while functional and clean, are not high-end or newly installed, preventing an 'Excellent' rating. The overall condition reflects a well-maintained home with recent cosmetic renovations, fitting the 'Good' criteria of being extensively renovated within the last 5-15 years and requiring no immediate renovation.
Pros & Cons

Pros

Turnkey Condition & Modern Interior: The condo features a freshly updated interior with new paint, modern laminate flooring, recessed lighting, and updated toilets, presenting a move-in ready home with contemporary design and finishes.
Robust Community Amenities: Residents enjoy access to a sparkling pool, lush parks, and open spaces within the community, enhancing the lifestyle with recreational and social opportunities.
Prime San Diego Location: Ideally situated with easy access to major freeways, diverse shopping (Westfield Plaza Bonita), dining options, and just 8 miles from San Diego's renowned beaches.
Excellent Proximity to Essential Services: The property is conveniently located near highly-rated schools (Lee Elementary, Bell Middle, Morse High) and major healthcare facilities (Sharp HealthCare, UC San Diego Health, Kaiser Permanente).
Functional & Private Layout: A two-story layout with 2 bedrooms and 3 bathrooms, complemented by a 1-car garage, offers enhanced privacy and a practical flow suitable for various household needs.

Cons

Significant Price History Volatility: The property has undergone a substantial price reduction from its initial listing of $660,000 to $546,000, and previously sold for $445,000 in 2023, which may prompt buyer scrutiny regarding its current market valuation.
High Monthly Association Fee: A monthly association fee of $525 is relatively high for a 2-bedroom condominium, potentially impacting the overall affordability and long-term ownership costs for prospective buyers.
Limited Private Outdoor Space: As a condominium unit, it likely offers minimal to no private outdoor space, relying on shared community parks and open areas, which may not appeal to buyers prioritizing a private yard.

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