NOT LISTED FOR SALE

Estimated Value: $2,285,000 - $3,220,000

3 Beds
3 Baths
2,106 Sq Ft
$358/mo HOA Fee

Last Sold March 20, 2024

Last sale price $2,800,000 $1,330 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $15,213/month

14 Days on Market

Highlights

  • In Ground Pool
  • Solar Power System
  • Main Floor Bedroom
  • Silver Strand Elementary School Rated A
  • Two Primary Bedrooms
  • 5-minute walk to Coronado Cays Park

About This Home

As of March 2024

There is something magical about living in the Coronado Cays and this home has the calmness of the surrounding water that you will enjoy. Step into tranquility and ease in this waterfront haven that includes ample space to entertain and relax. This meticulously updated home allows you to enjoy family and friends while entertaining in the new spacious kitchen and open floorplan, or on the patio overlooking waterway while boaters pass by. The primary retreat includes an ample walk-in closet, beautifully appointed A share in the Bahama Village Docks, Inc, is attached to the ownership of that property and may be transferred to the new owners as part of the sale which will allow the new owners use of a slip in the BVD Docks for a fee. I’ve attached a draft of the disclosure agreement (see Document attachment) that lays out the details of this shareholding system and the process for transfer of the share. We shall forward you and all associated parties (including your escrow company) a copy of this agreement with associated supporting documents when we are informed that a sale is pending. Note that this is a draft document and there may be slight changes before it is finally approved. Note also that the slips are all in the process of renovation. The slips in front of 23 Catspaw Cape will be complete with brand new utilities by mid-May 2024. At that time, a shareholder who slips a boat there will accrue a monthly fee of approximately $188.00 for a side tie for a 29 foot boat with water and electricity included. A comparable slip in a South Bay Marina would be at least $700.00 with additional costs for membership, electricity and other services. A shareholder who does not slip a boat incurs no monthly fee. All shareholders pay an annual fee to offset shared costs of upkeep and maintenance. This year the fee was set at $1500.00 with an additional surcharge of $200.00 for properties like23 Catspaw Cape where ramps lead down to the docks directly from the homes.

Last Agent to Sell the Property

Gerri-Lynn Fives

Pacific Sotheby's Int'l Realty License #01274657 Listed on: 02/17/2024

Pacific Sotheby's Int'l Realty

Co-Listed By

Gail Donahue

Pacific Sotheby's International Realty License #01421689

Last Buyer's Agent

Scott Aurich

Pacific Sotheby's International Realty License #00978974

Pacific Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,743

Year Built

  • Built in 1974

Lot Details

  • Gated Home
  • Property is Fully Fenced

HOA Fees

  • $358 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Entry on the 1st floor
  • Asphalt Roof

Interior Spaces

  • 2,106 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Full Size Washer or Dryer
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Fence Around Pool

Additional Features

  • Solar Power System
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 615-092-42-00

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), trash pickup, clubhouse paid
  • $188 Other Monthly Fees
  • 5 Units
  • Coronado Cays HOA, Phone Number (619) 423-4353
  • Bahama Village Community

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,743

Year Built

Built in 1974

Lot Details

0

HOA Fees

$358 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: South Bay
  • Cross Street: Bahama Bend
  • Neighborhood: Bahama Village
  • Supplement: A share in the Bahama Village Docks, Inc, is attached to the ownership of that property and may be transferred to the new owners as part of the sale which will allow the new owners use of a slip in the BVD Docks for a fee. I’ve attached a draft of the disclosure agreement (see Document attachment) that lays out the details of this shareholding system and the process for transfer of the share. We shall forward you and all associated parties (including your escrow company) a copy of this agreement with associated supporting documents when we are informed that a sale is pending. Note that this is a draft document and there may be slight changes before it is finally approved. Note also that the slips are all in the process of renovation. The slips in front of 23 Catspaw Cape will be complete with brand new utilities by mid-May 2024. At that time, a shareholder who slips a boat there will accrue a monthly fee of approximately $188.00 for a side tie for a 29 foot boat with water and electricity included. A comparable slip in a South Bay Marina would be at least $700.00 with additional costs for membership, electricity and other services. A shareholder who does not slip a boat incurs no monthly fee. All shareholders pay an annual fee to offset shared costs of upkeep and maintenance. This year the fee was set at $1500.00 with an additional surcharge of $200.00 for properties like23 Catspaw Cape where ramps lead down to the docks directly from the homes.
  • LP / Sq Ft: 1210.83
  • Price Per Sq Ft: 1329.53
  • SP/ Sq Ft: 1329.53
  • Stories: 2 Story
  • Stories In Building: 2
  • Ownership: Condominium
  • Total Stories: 2
  • Year Built: 1974
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Refrigerator, Solar Panels, Washer, Electric Oven, Gas Stove
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Searchable Rooms: Bedroom Entry Level, Breakfast Area, Dining Area, Master Bdrm 2, Kitchen, Living Room, Laundry, Master Bathroom, Walk-In Closet
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 14x15
  • Full Bathrooms: 3
  • Laundry Location: Closet Full Sized
  • Estimated Sq Ft: 2106
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full, Gate
  • Pool: Below Ground, Community/Common, Association, Fenced
  • Roof: Asphalt

Garage/Parking

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

Utilities

  • Laundry Utilities: Electric
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Fireplace, Forced Air Unit
  • Heating Fuel: Electric, Solar

Condo/Co-op/Association

  • Complex Name: Bahama Village
  • Total Fees: 4300.08
  • Pets Allowed: Yes
  • Units In Building: 5
  • Total Number of Units: 101
  • Community: CORONADO CAYS
  • Home Owner Association: Coronado Cays HOA
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Trash Pickup, Clubhouse Paid
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 358.34
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 619-423-4353
  • Other Fees Payment Frequency: Monthly
  • Other Fees Type: Boat

Association/Amenities

  • Entry Level Unit: 1

Fee Information

  • Total Monthly Fees: 546
  • Other Fees: 188.0
  • Other Fees Reflect: Month
  • Total Other Fees: 2256

Lot Info

  • Lot Size: 1-3,999 SF
  • Topography: Level
  • Water District: CALIFORNIA AMERICAN
  • Assessor Parcel Number: 615-092-42-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2025
Sold by
Otiko Family Trust and Otiko Christopher A
Bought by
Ce Property Trust and Otiko
Current Estimated Value
$2,745,130

Purchase Details

Listed on
Feb 17, 2024
Closed on
Mar 8, 2024
Sold by
James H Algert Living Trust
Bought by
Otiko Family Trust and Otiko
Seller's Agent
Gerri-Lynn Fives
Pacific Sotheby's Int'l Realty
Buyer's Agent
Scott Aurich
Pacific Sotheby's International Realty
List Price
$2,550,000
Sold Price
$2,800,000
Premium/Discount to List
$250,000
9.8%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.90%

Purchase Details

Closed on
Mar 4, 2013
Sold by
Algert James H
Bought by
Algert James H

Purchase Details

Closed on
Jan 13, 2012
Sold by
Algert James H
Bought by
Algert James H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2006
Sold by
Algert James H
Bought by
Algert James H
Source: Public Records

Range of Values:

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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
Ce Property Trust -- None Listed On Document
Otiko Family Trust $2,800,000 Chicago Title
Algert James H -- Accommodation
Algert James H -- Lawyers Title
Algert James H -- Lawyers Title
Algert James H -- First American Title Company
Algert James H -- First American Title Company
Algert James H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Otiko Family Trust $1,680,000
Previous Owner Algert James H $417,000
Previous Owner Algert James H $705,200
Previous Owner Algert James H $592,000
Previous Owner Algert James H $404,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $2,800,000 +9.8% $1,330 / Sq Ft
03/03/2024 03/03/24 Pending -- -- --
02/17/2024 02/17/24 For Sale $2,550,000 -- $1,211 / 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 $2,743 $2,856,000 $2,499,000 $357,000
2024 $2,743 $200,051 $94,199 $105,852
2023 $2,707 $196,129 $92,352 $103,777
2022 $2,592 $192,285 $90,542 $101,743
2021 $2,561 $188,516 $88,767 $99,749
2020 $2,504 $186,584 $87,857 $98,727
2019 $2,496 $182,927 $86,135 $96,792
2018 $2,462 $179,342 $84,447 $94,895
2017 $2,388 $175,827 $82,792 $93,035
2016 $2,292 $172,380 $81,169 $91,211
2015 $2,225 $169,791 $79,950 $89,841
2014 $2,139 $166,466 $78,384 $88,082
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240003606

San Diego MLS

APN: 615-092-42