Architectural beauty has the capacity to transcend time, space, form and function. On rare occasions, a masterpiece presents itself that surpasses all barriers so that it no longer can be singularly described. This Bankers Hill residence encapsulates original Georgian historic opulence, coalescing seamlessly into a masterstroke of contemporary elegant living. Our world has evolved and so has the way we live our lives. Casual elegance is not just a passing trend, it has become an integral way of life and entertainment. This residence has evolved into a modern storybook, yet never leaving behind the grace and pedigree of its origins. It is a Mills Act recipient, which carries a tremendous advantage of property tax reduction for historic homes, yet you never have to give up the technology, efficiency or glamour of a modern SoCal lifestyle.
Sold for $4,385,000
$4,385,000
2961 1st Ave, San Diego, CA 92103
4beds
4,130sqft
Single Family Residence
Built in 1922
7,405 Square Feet Lot
$4,900,800 Zestimate®
$1,062/sqft
$7,003 Estimated rent
Home value
$4,900,800
$4.41M - $5.49M
$7,003/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Ken Pecus DRE #01056969 619-675-0123,
EXp Realty of California, Inc
Bought with:
Nikki Butera, DRE #01304827
Berkshire Hathaway HomeService
Source: SDMLS,MLS#: 230003970
Originating MLS: SDMLS
Originating MLS: SDMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Forced Air Unit
Cooling
- Central Forced Air
Appliances
- Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Pool/Spa/Equipment, 6 Burner Stove, Barbecue, Built-In, Counter Top, Gas Cooking, Tankless Water Heater
- Laundry: Electric, Gas
Features
- Flooring: Tile, Wood, Marble, Partially Carpeted
- Number of fireplaces: 4
- Fireplace features: FP in Dining Room, FP in Family Room, FP in Living Room, FP in Primary BR
- Common walls with other units/homes: Detached
Interior area
- Total structure area: 4,130
- Total interior livable area: 4,130 sqft
Property
Parking
- Total spaces: 3
- Parking features: Detached, Garage Door Opener
- Garage spaces: 3
Features
- Levels: 2 Story
- Patio & porch: Balcony, Enclosed, Other/Remarks, Porch - Front
- Pool features: N/K
- Spa features: Above Ground
- Fencing: Full
- Has view: Yes
- View description: Bay, Evening Lights, Water, Coastline, Peek-A-Boo, City Lights
- Has water view: Yes
- Water view: Bay,Water
- Frontage type: Bay
Lot
- Size: 7,405 Square Feet
Details
- Additional structures: Other/Remarks
- Parcel number: 4526520100
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,Georgian
- Property subtype: Single Family Residence
Materials
- Brick, Wood/Stucco
- Roof: Composition
Condition
- Year built: 1922
Utilities & green energy
- Sewer: Sewer Connected
- Water: Meter on Property
Community & HOA
Community
- Security: Other/Remarks, Smoke Detector, Carbon Monoxide Detectors
- Subdivision: SAN DIEGO
Location
- Region: San Diego
Financial & listing details
- Price per square foot: $1,062/sqft
- Tax assessed value: $695,382
- Annual tax amount: $9,173
- Date on market: 3/2/2023
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2025 | Listed for sale | $4,895,000+11.6%$1,185/sqft |
Source:  SDMLS #250027512 Report a problem | ||
| 8/29/2023 | Sold | $4,385,000$1,062/sqft |
Source: SDMLS #230003970 Report a problem | ||
| 7/20/2023 | Pending sale | $4,385,000$1,062/sqft |
Source: SDMLS #230003970 Report a problem | ||
| 3/2/2023 | Listed for sale | $4,385,000+80.8%$1,062/sqft |
Source: SDMLS #230003970 Report a problem | ||
| 3/5/2019 | Sold | $2,425,000-6.2%$587/sqft |
Source:  Glendale AOR ZDD #190005853 Report a problem | ||
| 1/30/2019 | Listed for sale | $2,585,000+3.4%$626/sqft |
Source: Ascent Real Estate, Inc #190005853 Report a problem | ||
| 12/25/2018 | Listing removed | $2,499,000$605/sqft |
Source: Ascent Real Estate, Inc #180029077 Report a problem | ||
| 10/31/2018 | Price change | $2,499,000-13.7%$605/sqft |
Source: Ascent Real Estate, Inc #180029077 Report a problem | ||
| 5/31/2018 | Listed for sale | $2,895,000+26%$701/sqft |
Source: Ascent Real Estate, Inc #180029077 Report a problem | ||
| 7/23/2011 | Listing removed | $2,297,000$556/sqft |
Source: Visual Tour #110007822 Report a problem | ||
| 2/9/2011 | Price change | $2,297,000-3.3%$556/sqft |
Source: Willis Allen Real Estate #110007822 Report a problem | ||
| 12/1/2010 | Price change | $2,375,000-11.9%$575/sqft |
Source: Willis Allen Real Estate #100043733 Report a problem | ||
| 7/24/2010 | Price change | $2,695,000-3.7%$653/sqft |
Source: Willis Allen Real Estate #100043733 Report a problem | ||
| 5/8/2010 | Price change | $2,799,500-3.5%$678/sqft |
Source: Pacific Pinnacle Real Estate Services #100019778 Report a problem | ||
| 4/9/2010 | Price change | $2,900,000-1.7%$702/sqft |
Source: Pacific Pinnacle Real Estate Services #100019778 Report a problem | ||
| 3/9/2010 | Listed for sale | $2,950,000$714/sqft |
Source: Pacific Pinnacle Real Estate Services #090055800 Report a problem | ||
| 12/20/2009 | Listing removed | $2,950,000$714/sqft |
Source: Pacific Pinnacle Real Estate Services #090055800 Report a problem | ||
| 10/3/2009 | Listed for sale | $2,950,000+86.1%$714/sqft |
Source: Pacific Pinnacle Real Estate Services #090055800 Report a problem | ||
| 9/18/2006 | Sold | $1,585,000+120.4%$384/sqft |
Source: Public Record Report a problem | ||
| 12/21/2005 | Sold | $719,000+8.1%$174/sqft |
Source: Public Record Report a problem | ||
| 4/20/1999 | Sold | $665,000$161/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,173 +9.5% | $695,382 +2.3% |
| 2024 | $8,379 -2.1% | $679,416 -2.3% |
| 2023 | $8,556 +1.7% | $695,693 +1% |
| 2022 | $8,414 +2.1% | $689,011 +3.5% |
| 2021 | $8,239 +2.3% | $665,983 +2.1% |
| 2020 | $8,055 +5.6% | $652,280 +4.2% |
| 2019 | $7,625 +12.8% | $625,911 +8% |
| 2018 | $6,761 -0.2% | $579,805 -0.6% |
| 2017 | $6,772 +3% | $583,265 +3.3% |
| 2016 | $6,577 +0.5% | $564,537 +0.5% |
| 2015 | $6,542 -1% | $561,475 -0.6% |
| 2014 | $6,607 | $564,807 -71.4% |
| 2013 | -- | $1,977,230 +2% |
| 2012 | -- | $1,938,462 +2% |
| 2011 | -- | $1,900,454 +0.8% |
| 2010 | -- | $1,886,252 -0.2% |
| 2009 | -- | $1,890,734 +11.1% |
| 2008 | -- | $1,701,700 +7.4% |
| 2007 | -- | $1,585,000 +107.8% |
| 2006 | -- | $762,875 +2% |
| 2005 | -- | $747,917 +2% |
| 2004 | -- | $733,253 +1.9% |
| 2003 | -- | $719,815 +2% |
| 2002 | -- | $705,702 +2% |
| 2001 | -- | $691,866 |
Find assessor info on the county website
Neighborhood: Bankers Hill
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Nearby schools
GreatSchools rating
- 7/10Florence Elementary SchoolGrades: K-5Distance: 0.9 mi
- 4/10Roosevelt International Middle SchoolGrades: 6-8Distance: 0.9 mi
- 6/10San Diego High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$4,900,800
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Estimated market value
$4,900,800
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