NOT LISTED FOR SALE

1010 Olive Ave Coronado, CA 92118

Estimated Value: $9,137,467

7 Beds
9 Baths
7,665 Sq Ft
$1,192/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $7,575,000 $988 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $48,694/month

2 Days on Market

Highlights

  • In Ground Pool
  • Gated Parking
  • Fireplace in Primary Bedroom
  • Coronado Village Elementary Rated A
  • City Lights View
  • Deck

About This Home

As of October 2021

Richard Requa’s Spanish Eclectic Architecture. Located on an approximately 10,213 SF corner lot only a few blocks from the beach, parks and center of the Village! This 1930’s beauty has been remodeled and updated and awarded a Mills Act tax reduction with just under $14,000 in annual taxes per year. 7,665 SF of living space, pool, roof deck and private rear yard, there is plenty of room for entertaining. The elevator takes you from the wine cellar to the roof deck to enjoy the San Diego skyline views and Sunsets over Point Loma!

Last Agent to Sell the Property

Scott Aurich

Pacific Sotheby's International Realty License #00978974 Listed on: 09/11/2021

Pacific Sotheby's International Realty

Last Buyer's Agent

Janice Clements

Compass License #01120956

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931

Lot Details

  • 10,213 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Driveway
  • Gated Parking

Home Design

  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 7,665 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Central Vacuum
  • Living Room with Fireplace
  • 2 Fireplaces
  • Storage Room
  • Home Gym
  • City Lights Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Trash Compactor
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Patio

Location

  • West of 5 Freeway

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 537-411-06-00

Home Details

Home Type

Single Family

Year Built

Built in 1931

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: South Bay
  • Cross Street: 10th Street
  • Neighborhood: Coronado Village
  • LP / Sq Ft: 1011.09
  • Price Per Sq Ft: 988.26
  • SP/ Sq Ft: 988.26
  • Stories: 3 Story
  • Ownership: Fee Simple
  • Total Stories: 3
  • Year Built: 1931
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal, Range/Oven, Refrigerator, Trash Compactor, Vacuum/Central, Washer, Water Filtration, Water Softener
  • Elevator: Yes
  • Fireplaces: 2
  • Fireplace: Fp In Living Room, Fp In Master Br, Kitchen, Master Retreat
  • Searchable Rooms: Exercise Room, Master Retreat, Storage Room, Kitchen, Living Room
  • Total Bedrooms: 7
  • Bedrooms: 7
  • Master Bedroom Dimensions: 16x18
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 7665
  • Total Bathrooms: 9

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Patio: Balcony, Deck, Patio Open
  • Pool: Below Ground
  • Roof: Tile/Clay
  • View: City, Evening Lights

Garage/Parking

  • Garage Details: Attached, Gated
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Parking Spaces Total: 4

Utilities

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

Condo/Co-op/Association

  • Community: CORONADO VILLAGE

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: West of I-5
  • Topography: Level
  • Assessor Parcel Number: 537-411-06-00
  • Estimated Lot Sq Ft: 10213

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2021
Closed on
Oct 7, 2021
Sold by
Walter White Llc
Bought by
Hatfield Michael L and Hatfield Deborah L
Seller's Agent
Scott Aurich
Pacific Sotheby's International Realty
Buyer's Agent
Janice Clements
Compass
List Price
$7,750,000
Sold Price
$7,575,000
Premium/Discount to List
-$175,000
-2.26%
Current Estimated Value
$9,137,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,562,467
Avg. Annual Appreciation
4.54%

Purchase Details

Closed on
May 30, 2018
Sold by
Meyer S Lee and Meyer Shawna L
Bought by
Walter White Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2017
Sold by
Meyer S Lee S and Meyer Shawna L
Bought by
Meyer S Lee

Purchase Details

Closed on
Jan 2, 2007
Sold by
Meyer S Lee S and Meyer Shawna L
Bought by
Meyer S Lee S and Meyer Shawna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,600,000
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2005
Sold by
Meyer S Lee S and Meyer Shawna L
Bought by
Meyer S Lee S and Meyer Shawna L

Purchase Details

Closed on
Apr 21, 2004
Sold by
Baker Joseph Charles
Bought by
Meyer S Lee S and Meyer Shawna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2001
Sold by
Reeves Baker Deborah Lee
Bought by
Baker Joseph Charles

Purchase Details

Closed on
Dec 16, 1999
Sold by
I 02-11-94 Demichele O Mark Family Revocable and Mark Demichelle O
Bought by
Baker Joseph Charles and Reeves Baker Deborah Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,430,000
Interest Rate
7.25%

Purchase Details

Closed on
Nov 25, 1998
Sold by
Demichele O Mark O and Demichele Barbara J
Bought by
Demichele O Mark O and Demichele Barbara J

Purchase Details

Closed on
Feb 3, 1995
Sold by
Gray Willis W and Gray Constance E
Bought by
Demichele O Mark O and Demichele Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$926,250
Interest Rate
5.25%

Purchase Details

Closed on
Dec 30, 1986
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hatfield Michael L $7,575,000 California Title Company
Walter White Llc $5,275,000 Chicago Title Company Sd
Meyer S Lee -- None Available
Meyer S Lee S -- Chicago Title Co
Meyer S Lee S -- Chicago Title Co
Meyer S Lee S -- --
Meyer S Lee S $3,559,000 Stewart Title Of California
Baker Joseph Charles -- --
Baker Joseph Charles $2,200,000 Chicago Title Co
Demichele O Mark O -- --
Demichele O Mark O $1,235,000 Southland Title
-- $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Walter White Llc $800,000
Previous Owner Meyer S Lee S $3,600,000
Previous Owner Meyer S Lee S $2,500,000
Previous Owner Baker Joseph Charles $1,430,000
Previous Owner Demichele O Mark O $926,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2021 10/18/21 Sold $7,575,000 -2.3% $988 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $7,750,000 -- $1,011 / 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 $10,970 $1,043,269 $625,961 $417,308
2024 $10,970 $983,426 $590,055 $393,371
2023 $12,584 $1,507,271 $904,362 $602,909
2022 $16,513 $1,458,007 $874,804 $583,203
2021 $16,061 $1,458,007 $874,804 $583,203
2020 $13,463 $1,235,540 $741,324 $494,216
2019 $13,259 $1,196,164 $717,698 $478,466
2018 $12,571 $1,128,743 $677,245 $451,498
2017 $9,339 $831,786 $469,071 $362,715
2016 $8,810 $793,744 $446,246 $347,498
2015 $8,748 $790,837 $284,701 $506,136
2014 $8,875 $809,336 $291,360 $517,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210025905

San Diego MLS

APN: 537-411-06