Fantastic oversized one bedroom with premium location in the highly sought after Terraza complex. This spacious one bedroom, with walk in closet, offers plenty of room to entertain and even have your home office all with newer flooring and newer A/C. Located nearby schools, shopping, dining and the perfect distance to freeway access.
CondoProperty Type
1985Year Built
2.21 acresLot Size
$620Est. Price/Sq.Ft.
1 spaceParking
Listed by David Rudd•DRE #01402946• Keller Williams Realty
•619-807-8464 (agent)
•david@kindredsold.com (agent)
Bought with David Rudd•DRE #01402946• Keller Williams Realty
Light, Bright and Open! This beautiful move in ready 1 bed/1 bath top unit condo is VA and FHA approved!! This home is perfect for the first-time buyer looking for an affordable monthly payment Close to schools, parks, stores and easy freeway access. This property won’t last! Neighborhoods: Pacific Heights Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL Dining Room Dimen: 0 Family Room Dim: 0 Kitchen Dim: 15x8 Living Room Dim: 19x12 Master Bedroom Dim: 14x12
SDMLS #150037417
Jul 31, 2015
Listing Removed
—
Jul 8, 2015
Listed
$170,000
$340/sq ft
SDMLS #130062386
Jan 16, 2014
Sold
$145,000
$290/sq ft
Dec 13, 2013
Pending
—
Nov 30, 2013
Listed
$139,900
$280/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,565 (+4.3%)
$265,302 + $65,794
$331,096
2024
$4,376 (+53.3%)
$260,100 + $64,504
$324,604
2023
$2,855 (+2.1%)
$255,000 + $63,240
$318,240
2022
$2,797 (+0.9%)
$80,052 + $120,080
$200,132
2021
$2,774 (+4.5%)
$78,483 + $117,726
$196,209
2020
$2,655 (+1.6%)
$76,945 + $115,418
$192,363
2019
$2,613 (+3.8%)
$76,157 + $114,235
$190,392
2018
$2,518 (+13.5%)
$74,664 + $111,996
$186,660
2017
$2,219 (+4.4%)
$61,261 + $91,892
$153,153
2016
$2,126 (+0.9%)
$61,261 + $91,892
$153,153
2015
$2,108 (+5.8%)
$60,060 + $90,091
$150,151
2014
$1,993 (+68.0%)
$58,000 + $87,000
$145,000
2013
$1,187 (+7.2%)
$58,000 + $87,000
$145,000
2012
$1,107
$30,000 + $45,000
$75,000
2011
$1,107 (+0.6%)
$41,000 + $28,000
$69,000
2010
$1,100 (−30.5%)
$41,000 + $28,000
$69,000
2009
$1,583 (−19.0%)
$41,000 + $28,000
$69,000
2008
$1,955
$67,000 + $45,000
$112,000
Tax history for 10235 Madrid Way #116
Year
Property tax
Land + Additions
Assessment*
2025
$4,565 (+4.3%)
$265,302 + $65,794
$331,096
2024
$4,376 (+53.3%)
$260,100 + $64,504
$324,604
2023
$2,855 (+2.1%)
$255,000 + $63,240
$318,240
2022
$2,797 (+0.9%)
$80,052 + $120,080
$200,132
2021
$2,774 (+4.5%)
$78,483 + $117,726
$196,209
2020
$2,655 (+1.6%)
$76,945 + $115,418
$192,363
2019
$2,613 (+3.8%)
$76,157 + $114,235
$190,392
2018
$2,518 (+13.5%)
$74,664 + $111,996
$186,660
2017
$2,219 (+4.4%)
$61,261 + $91,892
$153,153
2016
$2,126 (+0.9%)
$61,261 + $91,892
$153,153
2015
$2,108 (+5.8%)
$60,060 + $90,091
$150,151
2014
$1,993 (+68.0%)
$58,000 + $87,000
$145,000
2013
$1,187 (+7.2%)
$58,000 + $87,000
$145,000
2012
$1,107
$30,000 + $45,000
$75,000
2011
$1,107 (+0.6%)
$41,000 + $28,000
$69,000
2010
$1,100 (−30.5%)
$41,000 + $28,000
$69,000
2009
$1,583 (−19.0%)
$41,000 + $28,000
$69,000
2008
$1,955
$67,000 + $45,000
$112,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
1
Baths
1
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1985
Sq. Ft.
500
Year built
1985
Style
Condo/Co-op
County
San Diego County
APN
5012643016
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 20, 2026.
RU
Urban Residential District
The RU Use Regulations are intended to create and enhance areas where permanent family residential uses are permitted and institutional residential care uses are
conditionally permitted and civic uses are permitted when they serve the needs of the residents. Typically, the RU Use Regulations would be applied to rural, suburban, or urban areas where adequate levels of public services are available. Various applications of the RU Use Regulations with appropriate development designators can create areas which have a single-family character or areas which, because of the scale of structures, are recognizable as high-density areas.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Public service
Fire house
Agriculture-Cropland
Agriculture-Grove / orchard
Park & open space
Property details
Parking
Parking/Garage Information
# of Parking Spaces Total: 1
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 1
Heating & Cooling
Has Cooling
Cooling: Wall/Window Unit(s)
Has Heating
Heating: Electric
Exterior
Pool Information
Pool Features: Community
Building Information
Entry Level: 2
Sq. Ft.: 500.0
# of Stories Total: 1
Construction Materials: Stucco
Property Features
Pets Allowed: Breed Restrictions
Property Information
Property Type: Residential
Property Sub Type: Condominium
Raw Mls Property Sub Type: All Other Attached
Lot Information
Lot Size Area: 2.21
Lot Size Units: Acres
Zoning: R-1:SINGLE
Utilities
Utility Information
Utilities: Sewer Connected
Location
HOA Information
Has Homeowners Association
Association Fee: $275
Association Fee Frequency: Monthly
Derived Association Fee (Monthly): $275
Location Information
Subdivision Name: SPRING VALLEY
Community Information
Community Features: Pool, Fitness Center
Building Name: Terraza
Public facts
Beds: 1
Baths: 1.0
Sq. Ft.: 500
Stories: —
Lot Size: —
Style: Condo/Co-op
Year Built: 1985
Year Renovated: 1985
County: San Diego County
APN: 5012643016
Home facts updated by county records on Aug 20, 2026