8476 New Salem St 78, San Diego, California 92126, San Diego, 92126 - 1 bed, 1 bath
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8476 New Salem St 78
San Diego, California 92126
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
572Sq Ft
0Lot Size
Property Price
LIST PRICE$409,000
EST. MARKET VALUE
$401,909
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $409,000—positioned slightly above the $401,909 Fair Market Value. Featuring a Modernized Kitchen with quartz countertops and stainless steel appliances, the unit maintains an Excellent Condition Rating of 2. Residents enjoy a resort-style pool, spa, and private balcony, all within a top-tier school district featuring Ericson Elementary (9/10) and Mira Mesa High (9/10). This property offers a stable, move-in ready lifestyle, making it an ideal choice for first-time buyers or busy professionals seeking a low-maintenance residence.
Estimated Market Value
$401,909
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8476 New Salem St 78 Subject 1 bd · 1 ba · 572 sqft · $703 | $409,000* List Price | 1 | 1 | 572 | $703 | - |
A 8521 Summerdale Rd 248 Sold 1 bd · 1 ba · 561 sqft · $749 · 0.2 mi | $420,000 | 1 | 1 | 561 | $749 | 0.2 mi |
B 11179 Camino Ruiz 68 Sold 1 bd · 1 ba · 572 sqft · $699 · 0.6 mi | $400,000 | 1 | 1 | 572 | $699 | 0.6 mi |
C 8662 New Salem St 78 Sold 1 bd · 1 ba · 581 sqft · $663 · 0.2 mi | $385,000 | 1 | 1 | 581 | $663 | 0.2 mi |
D 11162 Kelowna 43 Sold 1 bd · 1 ba · 677 sqft · $591 · 0.6 mi | $400,000 | 1 | 1 | 677 | $591 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1985, the unit has undergone a recent high-quality renovation (likely <5 years) featuring a modern kitchen with quartz countertops, new shaker-style cabinetry, and stainless steel appliances. The interior shows mint condition with updated wide-plank flooring and fresh paint, making it move-in ready with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Ericson Elementary School (9/10). High School: Mira Mesa High School (9/10).
- Modernized Kitchen
The unit features a stylishly upgraded kitchen with stainless steel appliances, Quartz countertops, and newer shaker-style cabinetry, offering immediate move-in appeal.
- Prime Location & Schools
Ideally situated in a desirable Mira Mesa interior location near shopping and parks, with access to top-rated schools including Ericson Elementary and Mira Mesa High.
CONSRISKS & DEFICIENCIES
- Compact Living Area
With only 572 square feet of living space, the unit's small footprint may be a limiting factor for buyers seeking more room or storage.
- High Association Fees
The monthly HOA fee of $485 is significant relative to the property size and price point, which may affect overall affordability for budget-conscious buyers.
About 8476 New Salem St 78
Upper-level condo with a peaceful, sunny, and inviting atmosphere, complemented by views of mature trees. Ideally situated in a desirable interior location. The kitchen features stylish upgraded stainless steel, Quartz countertop and newer shaker style cabinetry. A spacious balcony includes a newer washer and dryer. The unit includes one assigned covered parking space and access to a resort-style pool, spa, and lush landscaping. Conveniently located near shopping, dining, and parks.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $485.0 / Month
Neighborhood Insights
San Diego Unified Schools
Ericson Elementary School
Grades K-5 • 0.8 mi
9/10
Wangenheim Middle School
Grades 6-8 • 1.1 mi
7/10
Mira Mesa High School
Grades 9-12 • 0.5 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 572 | 1,018.142 |
| Lot Size | - | 75,257.211 |
| Price | $409.0K | $598.4K |
| Price per sq ft | $715 | $607 |
| Built year | 1985 | 1986 |
| HOA | $485.0 | $536 |
| Days on market | 25 | 58 |
Pricing History
Listed for Sale
Sep 30, 2026
$409,000
Initial Listing
Sold
Jan 9, 2018
$285,000
Public Record
Sold
Aug 30, 2013
$170,000
Public Record
Sold
Feb 16, 2011
$125,000
Public Record
Sold
Jun 10, 2002
$150,000
Public Record