NOT LISTED FOR SALE

1003 Olive Ave Coronado, CA 92118

Estimated Value: $7,099,630 - $8,115,000

5 Beds
6.5 Baths
3,500 Sq Ft
$2,139/Sq Ft Est. Value

Last Sold April 26, 2022

Last sale price $6,800,000 $1,943 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $45,376/month

1 Day on Market

Highlights

  • Fireplace in Primary Bedroom
  • Private Yard
  • Double Oven
  • Coronado Village Elementary Rated A
  • Walk-In Pantry
  • 2 Car Detached Garage

About This Home

As of April 2022

Amazing Coronado beach home on a great street, 2 blocks to beach. Charming yet big enough to accommodate a large family. 5 bedrooms, 7 bathrooms, including his & hers baths off master. Many designer touches. Vaulted ceilings, custom beveled glass awning windows, white oak flooring throughout. Gourmet kitchen with incredible amounts of storage, walk in pantry, large chef's range, double dishwashers & oversized island for entertaining. Wide hall and stairway. Double W/D in laundry room. Open, private backyard and mature landscaping, perfect for a pool or spa. Detached guest cottage or private office with full-bath. Multi-zone sound system. Two car garage and covered carport. Come see this fun, comfortable and very livable Coronado Beach Home. Amazing details, perfect size and a great location. Buyer and Buyer's Agent to confirm all measurements and other pertinent aspects of the home to their satisfaction, prior to COE.

Last Agent to Sell the Property

Jon Palmieri

Compass License #01901955 Listed on: 04/03/2022

Compass

Last Buyer's Agent

Kate Gillingham Milke

Coronado Island Realty License #01782461

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2012

Lot Details

  • Gated Home
  • Property is Fully Fenced
  • Wood Fence
  • Block Wall Fence
  • Level Lot
  • Private Yard

Parking

  • 2 Car Detached Garage
  • Carport
  • Garage Door Opener

Home Design

  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Formal Entry
  • Family Room
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Fire Sprinkler System

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Gas Oven
  • Electric Cooktop
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Water Meter

Additional Features

  • Outdoor Grill
  • 408 SF Accessory Dwelling Unit

Listing and Financial Details

  • Assessor Parcel Number 537-412-07-00

Home Details

Home Type

Single Family

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: South Bay
  • Cross Street: 10th Street
  • Neighborhood: Village of Coronado
  • Supplement: Come see this fun, comfortable and very livable Coronado Beach Home. Amazing details, perfect size and a great location. Buyer and Buyer's Agent to confirm all measurements and other pertinent aspects of the home to their satisfaction, prior to COE.
  • LP / Sq Ft: 1742.86
  • Price Per Sq Ft: 1942.86
  • SP/ Sq Ft: 1942.86
  • Stories: 2 Story
  • Stories In Building: 2
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 2012
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Fire Sprinklers, Garage Door Opener, Microwave, Refrigerator, Washer, Double Oven, Energy Star Appliances, Free Standing Range, Freezer, Gas & Electric Range, Gas Oven, Range/Stove Hood, Barbecue, Counter Top, Electric Cooking
  • Fireplaces: 2
  • Fireplace: Fp In Dining Room, Fp In Master Br, Gas
  • Searchable Rooms: Dining Area, Family Room, Formal Entry, Kitchen, Master Bedroom, Laundry, Master Bathroom, Walk-In Pantry
  • Total Bedrooms: 5
  • Bedrooms: 5
  • Master Bedroom Dimensions: 15x15
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 3500
  • Total Bathrooms: 7

Exterior Features

  • Exterior Material: HardiPlank Type
  • Fencing: Full, Gate, Blockwall, Wood
  • Roof: Composition
  • Exclusive Use Yard: Yes
  • Guest House Sq Ft: 408

Garage/Parking

  • Garage Details: Detached, Garage, Garage Door Opener
  • Garage Spaces: 2
  • Non Garage Parking: Carport
  • Parking Spaces Total: 3

Utilities

  • Cooling: Central Forced Air, Electric
  • Laundry Utilities: Electric, Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property, Public
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: CORONADO VILLAGE

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Assessor Parcel Number: 537-412-07-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2018
Sold by
Johnson Christine M
Bought by
Lennon John and Lennon Elizabeth
Current Estimated Value
$7,484,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,992,500
Outstanding Balance
$2,538,946
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,945,931

Purchase Details

Closed on
Jun 4, 2014
Sold by
Johnson Christopher D and Johnson Christine M
Bought by
Johnson Christopher D and Johnson John Christine

Purchase Details

Closed on
Oct 15, 2012
Sold by
Beach House Partners 2 Llc
Bought by
Johnson Christopher D and Johnson Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2012
Sold by
Palmieri Jon A and Clancy Cara
Bought by
Beach House Partners 2 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2011
Sold by
Gallishaw Robert
Bought by
Palmieri Jon A and Clancy Cara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,320,000
Interest Rate
4.06%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 7, 1999
Sold by
Gallishaw Lois E
Bought by
Gallishaw Lois E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lennon John $4,275,000 Chicago Title Company
Johnson Christopher D -- None Available
Johnson Christopher D $3,045,000 First American Title San Die
Beach House Partners 2 Llc -- None Available
Palmieri Jon A $1,420,000 First American Title
Gallishaw Lois E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lennon John $2,992,500
Previous Owner Johnson Christopher D $2,000,000
Previous Owner Palmieri Jon A $2,320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2022 04/26/22 Sold $6,800,000 +11.5% $1,943 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
04/03/2022 04/03/22 For Sale $6,100,000 -- $1,743 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $74,849 $7,216,213 $5,942,764 $1,273,449
2024 $74,849 $7,074,720 $5,826,240 $1,248,480
2023 $73,632 $6,936,000 $5,712,000 $1,224,000
2022 $47,935 $4,493,787 $3,442,609 $1,051,178
2021 $47,210 $4,405,674 $3,375,107 $1,030,567
2020 $45,860 $4,360,500 $3,340,500 $1,020,000
2019 $45,703 $4,275,000 $3,275,000 $1,000,000
2018 $35,447 $3,295,481 $2,489,199 $806,282
2017 $34,833 $3,230,865 $2,440,392 $790,473
2016 $33,787 $3,167,516 $2,392,542 $774,974
2015 $33,284 $3,119,938 $2,356,604 $763,334
2014 $32,519 $3,058,824 $2,310,442 $748,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220007640

San Diego MLS

APN: 537-412-07