NOT LISTED FOR SALE

550 H Ave Coronado, CA 92118

Estimated Value: $4,494,000 - $4,840,000

6 Beds
4.5 Baths
3,323 Sq Ft
$1,404/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $2,860,000 $861 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $27,140/month

74 Days on Market

Highlights

  • Craftsman Architecture
  • Maid or Guest Quarters
  • Great Room
  • Coronado Village Elementary Rated A
  • Loft
  • Home Office

About This Home

As of September 2020

Custom built by Lorton Mitchell, this spacious home was built under previous zoning, allowing for a 3-car garage, guest house & max lot coverage. Featuring a spacious downstairs office & a separate upstairs homework space, this home is perfect for working from home & distance learning! The great room features a top-of-the-line kitchen w/ a large island, butlers pantry, wine fridge and walk-in storage. Upstairs features the spacious master, 3 additional bedrooms (incl a bed/bath ensuite) & a laundry room. [Supplement]: Built in 2006 by Lorton Mitchell Construction, this quintessential Coronado craftsman home is located in the heart of the village and is perfectly suited for you to live the Coronado lifestyle. You are welcomed into the main house through a spacious front porch and into a cozy formal living room with custom built-in Cherry cabinets, a warm fireplace, and a spacious dining room. The spacious dining room is connected to the kitchen through a butlers pantry featuring a GE Monogram wine fridge and a walk-in storage pantry. The great room is anchored around the spacious kitchen featuring custom inset cherry cabinets, oversized island with prep sink, breakfast area and a beautiful beach mosaic backsplash. The top of the line appliances include a built-in thermador refrigerator, Bosch dishwasher, and a 4-piece Dacor appliance suite featuring a double oven, warming drawer, 6-burner gas cooktop, and built-in microwave. Adjacent to the kitchen, the spacious family room features a gas fireplace, built-in bookcases, and tons of light from the large windows and french doors overlooking the backyard. Out back, the low maintenance yard features a built-in fireplace, outdoor shower, and built-in outdoor kitchen with a Dacor grill and GE Monogram fridge. The 1 bedroom guest house is attached to the 3 car garage and features a wet-bar and full bathroom. Tucked off the family room, the large downstairs office was designed to convert to a downstairs master, and feature...

Last Agent to Sell the Property

Kate Gillingham Milke

Coronado Island Realty License #01782461 Listed on: 06/15/2020

Last Buyer's Agent

Mary Bowlby

Compass License #01994278

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 5,371 Sq Ft Lot
  • Level Lot
  • Property is zoned R-1:SINGLE

Parking

  • 3 Car Garage
  • Detached Carport Space
  • Parking Available
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Composition Roof

Interior Spaces

  • 3,323 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Formal Entry
  • Great Room
  • Family Room
  • Home Office
  • Loft

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Six Burner Stove
  • Indoor Grill
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Fireplace in Patio
  • Fire Pit
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5363512300

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Coronado Village
  • Zoning: R-1:SINGLE
  • Architectural Style: Craftsman
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5363512300
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3323.00 Square Feet
  • Stories: 2
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Eating Area: Breakfast Nook
  • Fireplace Features: Fire Pit, Patio
  • Levels: Two
  • Price Per Square Foot: 860.67
  • Room Type: Family Room, Formal Entry, Great Room, Guest/Maid's Quarters, Loft, Office

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Detached Carport, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Dishwasher, Double Oven, Disposal, Indoor Grill, Microwave
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Individual Room, Gas Dryer Hookup
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 5371.00
  • Lot Size Acres: 0.1200

Multi Family

  • Lot Size Area: 5371.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Sep 14, 2020
Sold by
Hemp James R and Hemp Anne B
Bought by
Murphy Patrick and Murphy Erica
Seller's Agent
Kate Gillingham Milke
Coronado Island Realty
Buyer's Agent
Mary Bowlby
Compass
List Price
$3,100,000
Sold Price
$2,860,000
Premium/Discount to List
-$240,000
-7.74%
Current Estimated Value
$4,664,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,804,656
Avg. Annual Appreciation
9.71%

Purchase Details

Closed on
Dec 22, 2009
Sold by
Hemp James R and Hemp Anne B
Bought by
Hemp James R and Hemp Anne B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,970,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2008
Sold by
Hemp James Robert and Hemp Anne Burnett
Bought by
Hemp James R and Hemp Anne B

Purchase Details

Closed on
Sep 7, 2004
Sold by
Seidel John E and Seidel Margaret J
Bought by
Hemp James Robert and Hemp Anne Burnett

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
2%
Mortgage Type
Purchase Money Mortgage
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
Murphy Patrick $2,860,000 Chicago Title Company
Hemp James R -- Fidelity National Title Co
Hemp James R -- None Available
Hemp James Robert $1,325,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hemp James R $1,970,000
Previous Owner Hemp James Robert $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2020 09/21/20 Sold $2,860,000 -7.7% $861 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $3,100,000 -- $933 / 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 $32,405 $3,095,754 $2,365,113 $730,641
2024 $32,405 $3,035,054 $2,318,739 $716,315
2023 $31,881 $2,975,544 $2,273,274 $702,270
2022 $31,269 $2,917,200 $2,228,700 $688,500
2021 $30,872 $2,860,000 $2,185,000 $675,000
2020 $26,032 $2,455,393 $1,605,693 $849,700
2019 $25,942 $2,407,249 $1,574,209 $833,040
2018 $25,493 $2,360,049 $1,543,343 $816,706
2017 $25,042 $2,313,775 $1,513,082 $800,693
2016 $24,281 $2,268,408 $1,483,414 $784,994
2015 $23,909 $2,234,335 $1,461,132 $773,203
2014 $23,348 $2,190,569 $1,432,511 $758,058
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200027641

California Regional Multiple Listing Service (CRMLS)

APN: 536-351-23