NOT LISTED FOR SALE

704 7th St Coronado, CA 92118

Estimated Value: $2,854,000 - $3,449,000

4 Beds
3.5 Baths
2,448 Sq Ft
$1,253/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $2,723,500 $1,113 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $18,564/month

21 Days on Market

Highlights

  • Golf Course Community
  • Fishing
  • City Lights View
  • Coronado Village Elementary Rated A
  • Primary Bedroom Suite
  • Main Floor Primary Bedroom

About This Home

As of July 2024

Distinctive Modern Townhome : Bring the outdoors in with this stunning modern townhouse designed by Christian Rice in 2015. Welcome to the Terraces of Coronado, a collection of four beautiful townhomes in the heart of the popular beach community of Coronado. This residence showcases modern elegance with three levels of inviting open space flooded with natural light. Fully pocketing Fleetwood sliding glass door system in the elevated living area transforms the space into a covered outdoor terrace and generates a seamless indoor/ outdoor experience with views to downtown San Diego. Designer kitchen with Viking appliances and a waterfall peninsula boasts an airy and sophisticated use of space and storage. Refinished hardwood floors and a gas fireplace add a touch of warmth to this cool beachside retreat. The ground floor features a luxurious master suite alongside an additional en-suite bedroom, side by side laundry, and easy access to the 2-car garage with EV charging. Downstairs accommodations feature two generously sized bedrooms and a well-appointed, shared bath with double vanity. An abundance of closet and storage space throughout and an office nook awaits at the bottom of the staircase. Enjoy panoramic vistas of Coronado and the San Diego skyline from the rooftop deck, adorned with a cozy fire pit and space for a hot tub. Stroll to nearby shops, restaurants, tennis courts, parks and the white-sand Coronado beaches. Whether seeking a year-round residence or an exceptional family vacation retreat, this property offers a lifestyle to relish.

Last Agent to Sell the Property

James Nelson

Coldwell Banker West License #01852936 Listed on: 05/15/2024

Coldwell Banker West

Last Buyer's Agent

Gerri-Lynn Fives

Pacific Sotheby's Int'l Realty License #01274657

Pacific Sotheby's Int'l Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2016

Lot Details

  • 7,841 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 2,448 Sq Ft Home
  • 3-Story Property
  • Great Room
  • Living Room with Fireplace
  • Home Office
  • City Lights Views
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Tax Tract Number 2002
  • Assessor Parcel Number 5370710103

Community Details

Overview

  • 4 Units
  • Terraces Of Coronado Association

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Dog Park
  • Water Sports
  • Bike Trail

Townhouse Details

Home Type

Townhome

Year Built

Built in 2016

Lot Details

0

HOA Fees

$340 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: R-3
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5370710103
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2448.00
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1112.54
  • Room Type: Basement, Great Room, Jack & Jill, Kitchen, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Walk-In Closet

Exterior Features

  • View: City Lights
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Closet
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 340.00
  • Association Fee Frequency: Monthly
  • Association Name: Terraces of Coronado
  • Phone: 0000000000
  • Senior Community: No
  • Community Features: Curbs, Golf, Gutters, Sidewalks, Storm Drains, Street Lights, Biking, Dog Park, Fishing, Park, Watersports
  • Association Management: Self Managed

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 7840.80
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.1800 Acres
  • Number Of Units In Community: 4

Tax Info

  • Tax Tract Number: 02002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jun 13, 2024
Sold by
Wagner Mark
Bought by
Iaft Beach Llc
Seller's Agent
James Nelson
Coldwell Banker West
Buyer's Agent
Gerri-Lynn Fives
Pacific Sotheby's Int'l Realty
List Price
$2,895,000
Sold Price
$2,723,500
Premium/Discount to List
-$171,500
-5.92%
Views
1571
Current Estimated Value
$3,066,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,976
Avg. Annual Appreciation
8.29%

Purchase Details

Closed on
Jul 29, 2016
Sold by
Twf 2 Llc
Bought by
Garrett Jeffrey D and Garrett Elizabeth C
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
Iaft Beach Llc $2,723,500 Chicago Title
Garrett Jeffrey D $1,764,000 Chicago Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/03/2024 07/03/24 Sold $2,723,500 -5.9% $1,113 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $2,895,000 +24.5% $1,183 / Sq Ft
12/14/2021 12/14/21 Sold $2,325,000 -3.1% $950 / Sq Ft View Prior Sale
11/08/2021 11/08/21 Pending -- -- --
09/21/2021 09/21/21 For Sale $2,399,000 -- $980 / 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 $25,896 $2,723,500 $2,200,000 $523,500
2024 $25,896 $2,418,930 $1,508,580 $910,350
2023 $25,479 $2,371,500 $1,479,000 $892,500
2022 $24,991 $2,325,000 $1,450,000 $875,000
2021 $20,514 $1,891,363 $1,072,202 $819,161
2020 $19,935 $1,871,970 $1,061,208 $810,762
2019 $19,867 $1,835,265 $1,040,400 $794,865
2018 $19,525 $1,799,280 $1,020,000 $779,280
2017 $19,180 $1,764,000 $1,000,000 $764,000
2016 $5,599 $490,433 $379,476 $110,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2402801

California Regional Multiple Listing Service (CRMLS)

APN: 537-071-01-03