NOT LISTED FOR SALE

521 S Rios Ave Solana Beach, CA 92075

Estimated Value: $4,398,000 - $10,574,318

0.4 Acre
$18,448,077 Price per Acre
17,223 Sq Ft Lot

Last Sold September 20, 2021

Last sale price $3,000,000

Est. 151% increase in value since last sale

Current estimated payment $51,087/month

5 Days on Market

Highlights

  • Ocean View
  • Skyline Elementary School Rated A
  • Gentle Sloping Lot

About This Lot

As of September 2021

Shovel ready lot with fully approved grading plan and building permit from the city of Solana Beach. Impeccably designed by Jennifer Boyln of EOS Architecture. Spacious 17,223 Sq. Ft Lot with scenic ocean views and privacy. Approved plans for a beautiful three-story, 6,791 Sq. Ft. contemporary home. Direct access into the main level great room which is open to the kitchen and dining room that flows directly outside through glass sliding doors that disappear into the walls and look at a gorgeous pool, spa and outdoor kitchen. Zen like fire pit. Grass area and nicely appointed guest house. Truly a remarkable place to call home. The main level includes a large fireplace, powder bath and full caterer’s kitchen with its own entrance and bathroom. The entire top floor is the master bedroom with his and her bath areas, large closet spaces plus shower and stand-alone bathtub. There is an adjacent room with a full bath that can be used for a bedroom, gym or office. An elevator services all three floors. The gated & secured driveway leads to an easy to park carport on the main level area for parking & direct access into the kitchen. Three car garage that is not visible from S. Rios. Luxurious shopping and dining in Downtown S. Cedros are a few short blocks away. The incredible beaches of Solana Beach, Del Mar and the Del Mar Racetrack are within minutes!

Last Agent to Sell the Property

Michael Margulis

Coldwell Banker West License #02054742 Listed on: 08/24/2021

Coldwell Banker West

Last Buyer's Agent

Michael Margulis

Coldwell Banker West License #02054742 Listed on: 08/24/2021

Coldwell Banker West

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $107,901

Year Built

  • 2023

Lot Details

  • 0.4 Acre Lot
  • Gentle Sloping Lot

Property Views

  • Ocean
  • City Lights

Listing and Financial Details

  • Assessor Parcel Number 298-092-14-00

Property Details

Property Type

Land

Est. Annual Taxes

$107,901

Year Built

2023

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Type: Lots/Land
  • Market Area: Coastal North
  • Neighborhood: Solana Beach
  • Cross Street: Lomas Santa Fe Dr
  • Sale Price List Price: 0.8
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2023

Exterior Features

  • View: Evening Lights, Ocean

Condo/Co-op/Association

  • Community: Solana Beach

Lot Info

  • Lot Size: .25 To .5 Ac
  • Topography: Slope Gentle
  • Water District: City Of San Diego
  • Estimated Lot Sq Ft: 17223
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Approved Plans: Yes
  • Assessor Parcel Number: 298-092-14-00
  • Lot Number: .
  • Map Code Column: F
  • Map Code Page: 1187
  • Map Code Row: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Sep 9, 2021
Sold by
North County Coastal Llc
Bought by
Land Holdings Llc
Seller's Agent
Michael Margulis
Coldwell Banker West
Buyer's Agent
Michael Margulis
Coldwell Banker West
List Price
$3,750,000
Sold Price
$3,000,000
Premium/Discount to List
-$750,000
-20%
Total Days on Market
5
Current Estimated Value
$7,534,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,534,822
Avg. Annual Appreciation
26.90%
Original Mortgage
$2,250,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2018
Sold by
Margulis Kenneth
Bought by
North County Coastal Llc

Purchase Details

Closed on
Jan 23, 2017
Sold by
Equities Dye
Bought by
Margulis Kenneth

Purchase Details

Closed on
Feb 4, 2011
Sold by
Estrada Eddie M and Estrada Gloria A
Bought by
Dye Equities

Purchase Details

Closed on
Mar 18, 2009
Sold by
Larraya Myrle L
Bought by
Estrada Eddie M and Estrada Gloria A

Purchase Details

Closed on
Apr 8, 2008
Sold by
Estrada Gloria
Bought by
Estrada Eddie M and Estrada Gloria A

Purchase Details

Closed on
Jan 30, 2008
Sold by
Larraya Martin
Bought by
Larraya Martin and Larraya Myrle L
Source: Public Records

Range of Values:

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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
Land Holdings Llc $3,000,000 First American Title Company
North County Coastal Llc -- None Available
Margulis Kenneth $1,400,000 Stewart Title Of Ca Inc
Dye Equities $925,000 Lawyers Title
Estrada Eddie M -- None Available
Estrada Eddie M -- None Available
Larraya Martin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rios Estate Llc $7,300,000
Closed Rios Estate Llc $6,975,000
Closed Land Holdings Llc $2,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Sold $3,000,000 -20.0% --
08/30/2021 08/30/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $3,750,000 -- --
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
2024 $107,901 $10,036,888 $6,000,000 $4,036,888
2023 $41,078 $3,750,000 $3,110,000 $640,000
2022 $31,984 $3,000,000 $3,000,000 $0
2021 $16,074 $1,501,082 $1,501,082 $0
2020 $15,934 $1,485,691 $1,485,691 $0
2019 $15,627 $1,456,560 $1,456,560 $0
2018 $15,330 $1,428,000 $1,428,000 $0
2017 $11,012 $1,021,112 $1,021,112 $0
2016 $10,347 $1,001,091 $1,001,091 $0
2015 $10,192 $986,054 $986,054 $0
2014 $9,982 $966,739 $966,739 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michael Margulis

    Coldwell Banker West

    (619) 737-2126

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Map

Source: San Diego MLS

MLS Number: 210024083

San Diego MLS

APN: 298-092-14

California San Diego County Solana Beach 92075

521 S Rios Ave, Solana Beach, CA

This home is located at 521 S Rios Ave, Solana Beach, CA 92075 since 24 August 2021 and is currently estimated at $7,294,106. This property was built in 2023. 521 S Rios Ave is a home located in San Diego County with nearby schools including Skyline Elementary School, Solana Vista Elementary School, and Earl Warren Middle School.

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