NOT LISTED FOR SALE

518 E Ave Coronado, CA 92118

Estimated Value: $1,088,187 - $1,299,000

2 Beds
2 Baths
1,060 Sq Ft
$500/mo HOA Fee

Last Sold January 30, 2020

Last sale price $785,000 $741 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,614/month

357 Days on Market

Highlights

  • Covered Patio or Porch
  • Eat-In Kitchen
  • Partially Fenced Property
  • Coronado Village Elementary Rated A
  • Laundry Room
  • Heating Available

About This Home

As of January 2020

Please do not solicit seller. Property to be relisted with current broker after remodel. SOLD OFF MARKET DURING RENOVATION Neighborhoods: Coronado Village Complex Features: ,, Equipment: Garage Door Opener Other Fees: 0 Sewer: Sewer Connected Topography: LL

Last Agent to Sell the Property

James Nelson

Coldwell Banker West License #01852936 Listed on: 02/03/2019

Coldwell Banker West

Last Buyer's Agent

Charlotte Rudowicz

Berkshire Hathaway HomeServices California Properties License #01435710

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • 0.41

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Community Parking Structure

Home Design

  • Entry on the 3rd floor
  • Rolled or Hot Mop Roof
  • Shingle Siding
  • Stucco

Interior Spaces

  • 1,060 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Covered Patio or Porch
  • Partially Fenced Property
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 5363622410

Community Details

Overview

  • 18 Units
  • Sherwood Condominium Association, Phone Number (619) 299-6899
  • Sherwood Condominiums

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

0

HOA Fees

$500 per month

Parking

1

Listing Details

  • Park Name: Sherwood Condominiums
  • Property Attached: Yes
  • Subdivision Name Other: Coronado Village
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5363622410
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Living Area: 1060.00
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Entry Level: 3
  • Levels: One
  • Price Per Square Foot: 740.57
  • Room Type: Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Partial
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Construction Materials: Stucco, Shingle Siding

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Community Structure
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Cooktop
  • Heating Type: Electric
  • Laundry Features: Community

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 500.00
  • Association Fee Frequency: Monthly
  • Association Name: Sherwood Condominium
  • Phone: 619.299.6899

Multi Family

  • Number Of Units In Community: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2019
Closed on
Jan 2, 2020
Sold by
Smith Duncan A and Vanderwall Karen J
Bought by
South Bay Motel Investors
Seller's Agent
James Nelson
Coldwell Banker West
Buyer's Agent
Charlotte Rudowicz
Berkshire Hathaway HomeServices California Properties
List Price
$785,000
Sold Price
$785,000
Current Estimated Value
$1,212,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,797
Avg. Annual Appreciation
7.64%
Original Mortgage
$235,000
Outstanding Balance
$208,031
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$1,004,766

Purchase Details

Closed on
Feb 15, 2017
Sold by
Smith Duncan A and Vanderwall Karen J
Bought by
Smith Duncan A and Vanderwall Karen J

Purchase Details

Closed on
Feb 23, 2015
Sold by
Geenen Nancy Newman
Bought by
Smith Duncan A and Vanderwall Karen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2009
Sold by
Geenen Nancy Newman
Bought by
Geenen Nancy Newman

Purchase Details

Closed on
Mar 22, 1988

Purchase Details

Closed on
Jun 6, 1986

Purchase Details

Closed on
Jan 20, 1984
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
South Bay Motel Investors $785,000 Chicago Title Company
Smith Duncan A -- None Available
Smith Duncan A $530,000 Chicago Title Company
Geenen Nancy Newman -- None Available
-- $158,500 --
-- $139,000 --
-- $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open South Bay Motel Investors $235,000
Previous Owner Smith Duncan A $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2020 01/30/20 Sold $785,000 0.0% $741 / Sq Ft
01/26/2020 01/26/20 Pending -- -- --
02/03/2019 02/03/19 For Sale $785,000 -- $741 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,352 $858,508 $522,823 $335,685
2024 $9,352 $841,675 $512,572 $329,103
2023 $9,206 $825,172 $502,522 $322,650
2022 $9,036 $808,993 $492,669 $316,324
2021 $8,906 $793,131 $483,009 $310,122
2020 $6,562 $582,432 $354,695 $227,737
2019 $6,541 $571,013 $347,741 $223,272
2018 $6,435 $559,818 $340,923 $218,895
2017 $20 $548,842 $334,239 $214,603
2016 $6,099 $538,082 $327,686 $210,396
2015 $3,073 $252,405 $153,712 $98,693
2014 $2,977 $247,461 $150,701 $96,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200005493

California Regional Multiple Listing Service (CRMLS)

APN: 536-362-24-10