NOT LISTED FOR SALE

721 1st St Coronado, CA 92118

Estimated Value: $4,930,000 - $11,116,768

5 Beds
5 Baths
4,147 Sq Ft
$2,092/Sq Ft Est. Value

Last Sold November 29, 2022

Last sale price $10,000,000 $2,411 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $51,032/month

44 Days on Market

Highlights

  • Coastline Views
  • 0.31 Acre Lot
  • Deck
  • Coronado Village Elementary Rated A
  • Maid or Guest Quarters
  • Contemporary Architecture

About This Home

As of November 2022

Back on market subject to receiving written cancellation from current Buyer....Waterfront living with San Diego Bay and City Skyline Views! Rarely available, single level, BAYFRONT home plus guest house. Savor, Breathtaking Views Everyday! The main house features a private front courtyard, with an etched glass front door opening into a home filled with natural light beaming down from skylights. 2BD/2BA, SD Bay & City Skyline views from almost every room, open kitchen with large island, wood beam ceiling, separate dining room, cozy sunroom, living room with fireplace and primary suite. Many fine design details throughout. Large outdoor patio w/firepit, sits alongside the bay. Revel in the most incredible views in all of San Diego. Day or night the ever changing scenery is astounding.Back on market subject to receiving written cancellation from current Buyer. The guest house is 3BD//3BA/ 2 Car Garage, with 2 bedrooms on the entry level, the primary BD is upstairs along with the living room with fireplace, dining area and kitchen. The reverse floor plan allows for water and city skyline views from the upstairs deck. Located in Coronado, best known for its white sandy beaches, quaint shops and dining and magnificent views of downtown San Diego and the bay!

Last Agent to Sell the Property

Scott Aurich

Pacific Sotheby's International Realty License #00978974 Listed on: 08/25/2022

Pacific Sotheby's International Realty

Last Buyer's Agent

Lorena Saenz Ruiz

Pacific Sotheby's International Realty License #02102063

Pacific Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 13,271 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Property is zoned R-1:SINGLE

Parking

  • 4 Car Attached Garage

Property Views

  • Coastline
  • Bay
  • City Lights

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,147 Sq Ft Home
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Bonus Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Maid or Guest Quarters
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

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

Additional Features

  • Fireplace in Guest House
  • West of 5 Freeway

Listing and Financial Details

  • Assessor Parcel Number 536-040-05-00

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0.3 Acres

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Contemporary
  • Residential Styles: Detached
  • Market Area: South Bay
  • Cross Street: F Avenue
  • Neighborhood: Coronado Village
  • Supplement: The guest house is 3BD//3BA/ 2 Car Garage, with 2 bedrooms on the entry level, the primary BD is upstairs along with the living room with fireplace, dining area and kitchen. The reverse floor plan allows for water and city skyline views from the upstairs deck. Located in Coronado, best known for its white sandy beaches, quaint shops and dining and magnificent views of downtown San Diego and the bay!
  • LP / Sq Ft: 2651.31
  • Price Per Sq Ft: 2411.38
  • SP/ Sq Ft: 2411.38
  • Ownership: Fee Simple
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Stove
  • Fireplaces: 2
  • Fireplace: Fp In Living Room, Guest House
  • Searchable Rooms: Bedroom Entry Level, Bonus Room, Dining Area, Guest Maid
  • Total Bedrooms: 5
  • Bedrooms: 5
  • Master Bedroom Dimensions: 18x15
  • Full Bathrooms: 5
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 4147
  • Total Bathrooms: 5

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Patio: Balcony, Deck, Patio
  • Roof: Composition
  • View: Bay, City, Evening Lights, Coastline, City Lights

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 4
  • Parking Spaces Total: 4

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Fireplace, Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Community: CORONADO VILLAGE

Lot Info

  • Lot Size: .25 to .5 AC
  • Site: West of I-5
  • Topography: Level
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 536-040-05-00
  • Estimated Lot Sq Ft: 13271
  • Estimated Number of Acres: 0.31
  • Map Code Column: J
  • Map Code Page: 1288
  • Map Code Row: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2024
Sold by
Pamadian Llc
Bought by
Grapapa Llc
Current Estimated Value
$7,871,445

Purchase Details

Listed on
Aug 25, 2022
Closed on
Oct 17, 2022
Sold by
Gaskin Family Trust
Bought by
Pamadian Llc
Seller's Agent
Scott Aurich
Pacific Sotheby's International Realty
Buyer's Agent
Lorena Saenz Ruiz
Pacific Sotheby's International Realty
List Price
$10,995,000
Sold Price
$10,000,000
Premium/Discount to List
-$995,000
-9.05%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.20%

Purchase Details

Closed on
Jan 31, 2000
Sold by
Gaskin John E Coronad Trust 12-14-98
Bought by
Gaskin John E

Purchase Details

Closed on
Feb 10, 1999
Sold by
Gaskin Jean
Bought by
Gaskin John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 1998
Sold by
Johns Kevin K
Bought by
Johns Sheree Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 1998
Sold by
Johns Sheree Lee
Bought by
Gaskin John E

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
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 1997
Sold by
Morris Coronado Corp
Bought by
Nelson Karen Ann and Johns Sheree Lee

Purchase Details

Closed on
Dec 13, 1993
Sold by
Morris Lloyd J and Morris Melissa S
Bought by
The Morris Coronado Corp
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
Grapapa Llc -- Fidelity National Title
Pamadian Llc $10,000,000 Fidelity National Title
Gaskin John E -- --
Gaskin John E -- Guardian Title Company
Gaskin John E -- Guardian Title Company
Johns Sheree Lee -- Chicago Title Co
Gaskin John E -- Chicago Title Co
Gaskin John E -- Chicago Title Co
Gaskin John E -- Chicago Title Co
Morris Stephen L -- Chicago Title Co
Nelson Karen Ann $16,000 --
The Morris Coronado Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gaskin John E $900,000
Previous Owner Gaskin John E $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2022 11/29/22 Sold $10,000,000 -9.0% $2,411 / Sq Ft
10/09/2022 10/09/22 Pending -- -- --
10/08/2022 10/08/22 For Sale $10,995,000 0.0% $2,651 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $10,995,000 -- $2,651 / 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 $107,640 $10,404,000 $8,739,360 $1,664,640
2024 $107,640 $10,200,000 $8,568,000 $1,632,000
2023 $105,875 $3,721,798 $2,585,281 $1,136,517
2022 $39,811 $3,721,798 $2,585,281 $1,136,517
2021 $39,211 $3,648,823 $2,534,590 $1,114,233
2020 $38,093 $3,611,409 $2,508,601 $1,102,808
2019 $37,962 $3,540,598 $2,459,413 $1,081,185
2018 $37,303 $3,471,176 $2,411,190 $1,059,986
2017 $36,659 $3,403,114 $2,363,912 $1,039,202
2016 $35,559 $3,336,387 $2,317,561 $1,018,826
2015 $35,032 $3,286,273 $2,282,750 $1,003,523
2014 $34,228 $3,221,901 $2,238,035 $983,866
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220021980

San Diego MLS

APN: 536-040-05

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