NOT LISTED FOR SALE

140 Carob Way Coronado, CA 92118

Estimated Value: $3,713,000 - $4,454,169

3 Beds
2.5 Baths
1,892 Sq Ft
$2,156/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $2,225,000 $1,176 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $24,417/month

59 Days on Market

Highlights

  • 2 Car Attached Garage
  • Partially Fenced Property
  • West of 5 Freeway
  • Coronado Village Elementary Rated A
  • Level Lot
  • 1-Story Property

About This Home

As of July 2020

This 75 foot wide lot which is 7,500 SF provides an incredible opportunity to build your “Dream Home” on the 100 block of Carob Way. Only one block from Sunset Park and Coronado North Beach it is surrounded by newly constructed estate type homes that are in the mid to high $4 Million range. Value is in The Land and opportunity to build exceeds the value of the house. Buyers to be pre-qualified and willing to lease back after the close of escrow. See Supplement For More Information: The existing home, built in the 1950’s is in very good condition and the Seller will rent back for a minimum of 4 months (possibly longer) from the close of escrow, providing some cash flow while developing your plans. Due to the current concerns of COVID19, this home is offered without showing the inside or having physical inspections of the existing improvements.

Last Agent to Sell the Property

Scott Aurich

Pacific Sotheby's International Realty License #00978974 Listed on: 05/01/2020

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 1955

Lot Details

  • 7,500 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Property is zoned R-1:SINGLE

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,892 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • West of 5 Freeway
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 537-381-12-00

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: South Bay
  • Cross Street: Coronado Avenue
  • Neighborhood: Coronado Village
  • Supplement: The existing home, built in the 1950’s is in very good condition and the Seller will rent back for a minimum of 4 months (possibly longer) from the close of escrow, providing some cash flow while developing your plans. Due to the current concerns of COVID19, this home is offered without showing the inside or having physical inspections of the existing improvements.
  • LP / Sq Ft: 1265.86
  • Price Per Sq Ft: 1176.0
  • SP/ Sq Ft: 1176.0
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1955
  • 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

  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 16x12
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Estimated Sq Ft: 1892
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Fireplace

Condo/Co-op/Association

  • Community: CORONADO VILLAGE

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: West of I-5
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 537-381-12-00
  • Estimated Lot Sq Ft: 7500
  • Estimated Number of Acres: 0.17
  • Map Code Column: G
  • Map Code Page: 1288
  • Map Code Row: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
Wombat Capital Llc
Bought by
Emjea Re Llc
Current Estimated Value
$4,079,542

Purchase Details

Closed on
Feb 17, 2021
Sold by
President Of Pequeno Compound Inc
Bought by
Wombat Capital Llc

Purchase Details

Listed on
May 1, 2020
Closed on
Jul 9, 2020
Sold by
Houser G Clifford
Bought by
Pequeno Compound Inc
Seller's Agent
Scott Aurich
Pacific Sotheby's International Realty
Buyer's Agent
Janice Clements
Compass
List Price
$2,395,000
Sold Price
$2,225,000
Premium/Discount to List
-$170,000
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.74%

Purchase Details

Closed on
Oct 30, 2009
Sold by
Houser G Clifford and Elliott Victoria J
Bought by
Houser G Clifford
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
Emjea Re Llc $2,850,000 Fidelity Natl Ttl San Diego
Wombat Capital Llc -- None Available
Pequeno Compound Inc $2,225,000 Chicago Title Company
Houser G Clifford -- Chicago Title Company
Houser G Clifford -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2020 07/20/20 Sold $2,225,000 -7.1% $1,176 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $2,395,000 0.0% $1,266 / Sq Ft
05/25/2020 05/25/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $2,395,000 0.0% $1,266 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $2,395,000 -- $1,266 / 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 $37,272 $3,791,261 $2,865,261 $926,000
2024 $37,272 $3,492,140 $2,809,080 $683,060
2023 $31,234 $2,907,000 $2,754,000 $153,000
2022 $30,635 $2,850,000 $2,700,000 $150,000
2021 $24,160 $2,225,000 $2,100,000 $125,000
2020 $1,947 $132,826 $55,952 $76,874
2019 $1,941 $130,222 $54,855 $75,367
2018 $1,916 $127,670 $53,780 $73,890
2017 $1,852 $125,168 $52,726 $72,442
2016 $1,771 $122,715 $51,693 $71,022
2015 $1,711 $120,873 $50,917 $69,956
2014 $1,637 $118,506 $49,920 $68,586
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200019699

San Diego MLS

APN: 537-381-12