8480 New Salem Street 98, San Diego, California 92126, San Diego, 92126 - 1 bed, 1 bath
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8480 New Salem Street 98
San Diego, California 92126
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
572Sq Ft
0Lot Size
Property Price
LIST PRICE$385,000
EST. MARKET VALUE
$387,250
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $385,000—positioned well below the $387,250 Fair Market Value by 0.58%. This property offers $2,250 in Instant Equity. Featuring a recently renovated kitchen, modern bathroom, and in-unit laundry, the home maintains an Excellent Condition Rating. Located in a prime Mira Mesa community with resort-style amenities and proximity to top-rated schools like Ericson Elementary and Mira Mesa High, it is an ideal choice for first-time buyers or owner-occupants seeking a move-in ready lifestyle.
Estimated Market Value
$387,250
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 |
|---|---|---|---|---|---|---|
★ 8480 New Salem Street 98 Subject 1 bd · 1 ba · 572 sqft · $677 | $385,000* List Price | 1 | 1 | 572 | $677 | - |
A 11179 Camino Ruiz 68 Sold 1 bd · 1 ba · 572 sqft · $699 · 0.6 mi | $400,000 | 1 | 1 | 572 | $699 | 0.6 mi |
B 8521 Summerdale Rd 248 Sold 1 bd · 1 ba · 561 sqft · $749 · 0.2 mi | $420,000 | 1 | 1 | 561 | $749 | 0.2 mi |
C 11162 Kelowna 43 Sold 1 bd · 1 ba · 677 sqft · $591 · 0.6 mi | $400,000 | 1 | 1 | 677 | $591 | 0.6 mi |
D 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 |
E 11175 Kelowna Rd Unit 3 Sold 2 bd · 1 ba · 698 sqft · $638 · 0.7 mi | $445,000 | 2 | 1 | 698 | $638 | 0.7 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.
The property has undergone a comprehensive recent renovation (likely <5 years) featuring a brand new kitchen with quartz countertops and stainless steel appliances, a fully updated modern bathroom, new paint, dual-pane windows, and contemporary flooring throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Ericson Elementary School (9/10). High School: Mira Mesa High School (9/10).
- Modern Interior Upgrades
The condo features a newly renovated kitchen with quartz countertops and stainless steel appliances, along with fresh paint and an updated bathroom, offering a move-in-ready experience.
- Excellent School District
The property is zoned for top-tier schools, including Ericson Elementary and Mira Mesa High School, both boasting impressive 9/10 ratings, which adds significant long-term value.
CONSRISKS & DEFICIENCIES
- Compact Living Area
With only 572 square feet of living space, the unit's small footprint may be restrictive for buyers seeking additional storage or room for a home office.
- High HOA Dues
The monthly association fee of $485 is relatively high for a one-bedroom unit of this size, which could impact the overall monthly affordability for potential buyers.
About 8480 New Salem Street 98
Beautiful Sun Soaked Upstairs Condo in Mira Mesa! Enjoy a bright and inviting atmosphere in this beautifully updated 1-bedroom, 1-bath condo, ideally situated for maximum sun exposure. All New Fresh Paint, New Kitchen with quartz counter tops, stainless steel appliances. Dual-pane windows throughout provide added comfort, while the updated bathroom adds a fresh, modern touch. Step outside to your spacious private balcony, complete with a washer and dryer—perfect for everyday convenience and relaxing outdoors. The home also includes one assigned covered parking space with the ability to rent additional spaces. Enjoy resort-style community amenities, including a sparkling pool, spa, and lush landscaping. Conveniently located next to the revitalized Mira Mesa Community Park, with easy access to shopping, dining, and transportation. An inviting home with modern upgrades, peaceful surroundings, and a convenient Mira Mesa location!
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 | $385.0K | $598.4K |
| Price per sq ft | $673 | $607 |
| Built year | 1985 | 1986 |
| HOA | $485.0 | $536 |
| Days on market | 4 | 58 |
Pricing History
Listed for Sale
Oct 21, 2026
$385,000
Initial Listing
Sold
Nov 20, 2013
$185,000
Public Record
Sold
Feb 21, 2002
$117,000
Public Record