NOT LISTED FOR SALE

521 Marina Ave Coronado, CA 92118

Estimated Value: $7,014,000 - $13,522,493

5 Beds
4.5 Baths
3,800 Sq Ft
$2,443/Sq Ft Est. Value

Sale Details

Date Sold: November 12, 2024

Last sale price $14,250,000 $3,750 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $54,770 / mo

7 Days on Market

Highlights

  • In Ground Pool
  • Two Primary Bedrooms
  • Family Room with Fireplace
  • Coronado Village Elementary Rated A
  • Cape Cod Architecture
  • 4-minute walk to Sunset Park

About This Home

As of November 2024

Welcome to 521 Marina Ave – a magnificent coastal retreat offering unparalleled ocean views and luxurious amenities. Designed by award winning architect Bill Bocken to incorporate the phenomenal pacific views from every aspect of the home. Wake up to the sound of waves crashing each morning and enjoy the ocean breezes and epic views. This stunning residence features 4 spacious bedrooms, 4.5 elegant baths, and a separate office equipped with an integrated Murphy bed, perfect for guests or remote work. Some key features include; Elevator for ease of access to all floors, oasis backyard retreat with Salt water pool and spa, 2 car garage + extra parking, second laundry room, radiant heated bathroom floors, solar panels, and so much more! The property is securely walled and fenced, featuring a state-of-the-art security system and cameras for peace of mind. Experience the epitome of coastal luxury at 521 Marina Ave – where every detail has been meticulously crafted.

Last Agent to Sell the Property

Janice Clements

Compass License #01120956 Listed on: 09/16/2024

Compass

Last Buyer's Agent

Romina Nassif

Compass License #02190405

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020

Lot Details

  • Security Fence
  • Gated Home
  • Partially Fenced Property
  • Fence is in good condition
  • Level Lot
  • Private Yard
  • Property is zoned R1

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cape Cod Architecture
  • Modern Architecture
  • Metal Roof

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Built-In Features
  • Gas Fireplace
  • Family Room with Fireplace
  • 4 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Bonus Room

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Six Burner Stove
  • Gas Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Pool Cover
  • Pool Equipment or Cover

Outdoor Features

  • Outdoor Fireplace
  • Fire Pit
  • Outdoor Grill

Schools

  • Coronado Unified School District Elementary And Middle School
  • Coronado Unified School District High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 537-490-03-00

Home Details

Home Type

Single Family

Year Built

Built in 2020

Lot Details

8,712 Sq Ft Lot

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Cape Cod, Modern
  • Residential Styles: Detached
  • Market Area: South Bay
  • Cross Street: Ocean Blvd
  • Neighborhood: Central Beach
  • LP / Sq Ft: 3815.79
  • Price Per Sq Ft: 3750.0
  • SP/ Sq Ft: 3750.0
  • Stories: 2 Story
  • Stories In Building: 2
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 2020
  • 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: Detached

Interior Features

  • Flooring: Stone, Wood
  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Pool/Spa/Equipment, Refrigerator, Washer, 6 Burner Stove, Freezer, Barbecue, Gas Range, Built-In, Counter Top
  • Elevator: Yes
  • Fireplaces: 4
  • Fireplace: Fp In Family Room, Fp In Living Room, Patio/Outdoors, Fire Pit, Gas
  • Searchable Rooms: Bedroom Entry Level, Bonus Room, Breakfast Area, Dining Area, Family Room, Great Room, Master Bdrm 2, MBR Entry Level, Office, Optional Bedrooms, Kitchen, Living Room, Master Bedroom, Laundry, Master Bathroom, Walk-In Closet, Walk-In Pantry
  • Total Bedrooms: 5
  • Bedrooms: 4
  • Master Bedroom Dimensions: 14x20
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 3800
  • Total Bathrooms: 5

Exterior Features

  • Fencing: Gate, Partial, Good Condition, Security
  • Pool: Below Ground, Private, Pool Cover
  • Roof: Metal
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Garage
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Parking Spaces Total: 4

Utilities

  • Cooling: Central Forced Air, Zoned Area(s)
  • Laundry Utilities: Electric, Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Community: CORONADO VILLAGE

Schools

  • School District URL: http://www.coronado.k12.ca.us/
  • Elementary School: Coronado Unified School District
  • Elementary School Website: http://www.coronado.k12.ca.us/
  • High School: Coronado Unified School District
  • Middle School Url: http://www.coronado.k12.ca.us/
  • Middle School: Coronado Unified School District

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Topography: Level
  • Zoning: R1
  • Assessor Parcel Number: 537-490-03-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Oct 23, 2024
Sold by
Gallagher James C and Gallagher Juli L
Bought by
721 Balboa Holdings Llc
Seller's Agent
Janice Clements
Compass
Buyer's Agent
Romina Nassif
Compass
List Price
$14,500,000
Sold Price
$14,250,000
Premium/Discount to List
-$250,000
-1.72%
Views
127
Current Estimated Value
$9,281,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,968,169
Avg. Annual Appreciation
-25.90%

Purchase Details

Closed on
Aug 5, 2016
Sold by
Boatwright David C and Boatwright Camille G
Bought by
Gallagher James C and Gallagher Juli L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2004
Sold by
Asche Clifton A and Asche Shirley S
Bought by
Boatwright David C and Boatwright Camille G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
721 Balboa Holdings Llc $14,250,000 Fidelity National Title
Gallagher James C $5,160,000 California Title Company
Boatwright David C $3,750,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallagher James C $1,100,000
Previous Owner Boatwright David C $1,000,000
Closed Boatwright David C $1,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2024 11/12/24 Sold $14,250,000 -1.7% $3,750 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $14,500,000 -- $3,816 / Sq Ft
Source: San Diego MLS

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 $66,130 $14,250,000 $13,000,000 $1,250,000
2024 $66,130 $6,250,480 $4,897,440 $1,353,040
2023 $65,128 $6,127,922 $4,801,412 $1,326,510
2022 $63,868 $6,007,767 $4,707,267 $1,300,500
2021 $62,899 $5,889,968 $4,614,968 $1,275,000
2020 $47,956 $4,563,194 $4,563,194 $0
2019 $57,229 $5,368,464 $4,473,720 $894,744
2018 $56,229 $5,263,200 $4,386,000 $877,200
2017 $55,274 $5,160,000 $4,300,000 $860,000
2016 $48,519 $4,578,818 $3,723,244 $855,574
2015 $47,811 $4,510,041 $3,667,318 $842,723
2014 $46,726 $4,421,697 $3,595,481 $826,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240021961

San Diego MLS

APN: 537-490-03

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