7224 Margerum Ave San Diego, CA 92120
Allied Gardens Neighborhood
3
Beds
2
Baths
1,750
Sq Ft
0.41
Acres
Highlights
- RV Access or Parking
- Solar Power System
- 0.41 Acre Lot
- Marvin Elementary School Rated A
- City Lights View
- Property Near a Canyon
About This Home
As of February 2025Nestled in the coveted Del Cerro neighborhood, this impeccably remodeled 3-bedroom, 2-bathroom home offers an unparalleled living experience. Boasting 1,750 sq. ft. of luxurious, contemporary design, every detail has been carefully crafted to provide comfort, style, and functionality. As you step inside, you're greeted by a formal living room and a spacious family room, both enhanced by new, large windows and a striking 10-foot sliding glass door that seamlessly connects the indoors to the outdoors. See supp... The western-facing backyard offers sweeping views that are truly spectacular, perfect for enjoying sunsets or the Trex deck or entertaining guests around the gas fire pit, which comes complete with a mounted TV for the ultimate outdoor experience. The heart of the home is the chef-inspired custom kitchen. Featuring two-tone cabinetry with dark lower cabinets and light upper cabinets, it also offers a built-in glass or bottle rinser seamlessly set in the countertop for added convenience. The sleek design is complemented by high-end appliances, custom tiling, and beautiful wood floors that flow throughout the home. Tech enthusiasts will appreciate the smart features, including dual feature recessed lighting which can alternate from regular to a halo lighting effect; built-in Alexa for voice-controlled convenience, and electric fireplaces in both the primary bedroom and living room that can also be voice controlled. The property is also equipped with solar energy, ensuring energy efficiency and lower utility costs. This home’s remodel was so extensive that it’s even been given an all new foundation. Additional highlights include a Nest thermostat, Wi-Fi-enabled front door lock, epoxy-coated garage floor, a dedicated space for RV or boat parking, turf front yard & clay tile roof. At the bottom of the lot, mature fruit trees add a touch of nature to the property, making it the perfect blend of luxury and convenience. This exceptional property in Del Cerro is a rare find and is now available for the discerning buyer looking for a truly turn-key home. Don’t miss your chance to own this exquisite gem—schedule a showing today!
Last Agent to Sell the Property
eXp Realty of California, Inc. License #01904624 Listed on: 01/24/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,598
Year Built
- Built in 1978 | Remodeled
Lot Details
- 0.41 Acre Lot
- Property Near a Canyon
- Property is Fully Fenced
Parking
- 2 Car Attached Garage
- Driveway
- RV Access or Parking
Property Views
- City Lights
- Mountain
- Valley
Home Design
- Turnkey
- Clay Roof
- Stucco Exterior
Interior Spaces
- 1,750 Sq Ft Home
- 1-Story Property
- Wired For Data
- Electric Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Family Room Off Kitchen
- Living Room
- Formal Dining Room
Kitchen
- Breakfast Area or Nook
- Gas Oven
- Gas Cooktop
- Stove
- Range Hood
- Dishwasher
- ENERGY STAR Qualified Appliances
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Retreat
- Fireplace in Primary Bedroom Retreat
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Dryer
- Washer
Eco-Friendly Details
- Solar Power System
- Sprinklers on Timer
Outdoor Features
- Stone Porch or Patio
Utilities
- Natural Gas Connected
- Separate Water Meter
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 673-464-15-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2025
Closed on
Feb 6, 2025
Sold by
John Bradford Inc
Bought by
Patel Urmi N
Seller's Agent
Adam Sussely-House
eXp Realty of California, Inc.
Buyer's Agent
Joseph Falcone
Harcourts Prime Properties
List Price
$1,400,000
Sold Price
$1,405,000
Premium/Discount to List
$5,000
0.36%
Views
117
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,541
Avg. Annual Appreciation
-6.39%
Original Mortgage
$950,000
Outstanding Balance
$946,007
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$421,452
Purchase Details
Listed on
Oct 10, 2024
Closed on
Oct 25, 2024
Sold by
John L Patterson Living Trust and Patterson John L
Bought by
John Bradford Inc
Seller's Agent
Dawn Lewis
Real Broker
Buyer's Agent
Dawn Lewis
Real Brokerage Technologies
List Price
$1,189,000
Sold Price
$950,000
Premium/Discount to List
-$239,000
-20.1%
Views
131
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
268.56%
Original Mortgage
$898,000
Interest Rate
6.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 3, 2022
Sold by
Patterson John L
Bought by
John L Patterson Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,925
Interest Rate
3.22%
Mortgage Type
VA
Purchase Details
Closed on
Jul 23, 2020
Sold by
Patterson John L
Bought by
Patterson John L and John L Patterson Living Trust
Purchase Details
Closed on
Mar 25, 2004
Sold by
Mahdavi Said and Mahdavi Rita Martinez
Bought by
Patterson John L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,600
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 30, 2003
Sold by
Mahdavi Said and Mahdavi Rita Martinez
Bought by
Mahdavi Said and Mahdavi Rita Martinez
Purchase Details
Closed on
Apr 12, 2001
Sold by
Mahdavi Said
Bought by
Mahdavi Said and Mahdavi Rita Martinez
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.57%
Purchase Details
Closed on
Apr 30, 1998
Sold by
Debi Mahdavi
Bought by
Mahdavi Said
Similar Homes in San Diego, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,405,000 | Lawyers Title Company | |
| Grant Deed | $950,000 | Lawyers Title | |
| Grant Deed | -- | New Title Company Name | |
| Grant Deed | -- | New Title Company Name | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $607,000 | First American Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $950,000 | New Conventional | |
| Previous Owner | $898,000 | New Conventional | |
| Previous Owner | $379,925 | VA | |
| Previous Owner | $423,804 | VA | |
| Previous Owner | $485,600 | Purchase Money Mortgage | |
| Previous Owner | $125,000 | Credit Line Revolving | |
| Previous Owner | $322,700 | Unknown | |
| Previous Owner | $70,000 | Credit Line Revolving | |
| Previous Owner | $70,000 | Credit Line Revolving | |
| Previous Owner | $205,000 | No Value Available | |
| Previous Owner | $38,400 | Unknown | |
| Closed | $60,700 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/21/2025 02/21/25 | Sold | $1,405,000 | +0.4% | $803 / Sq Ft |
| 01/30/2025 01/30/25 | Pending | -- | -- | -- |
| 01/24/2025 01/24/25 | For Sale | $1,400,000 | +47.4% | $800 / Sq Ft |
| 11/05/2024 11/05/24 | Sold | $950,000 | -13.6% | $543 / Sq Ft |
| 10/21/2024 10/21/24 | Pending | -- | -- | -- |
| 10/17/2024 10/17/24 | Price Changed | $1,099,000 | -7.6% | $628 / Sq Ft |
| 10/10/2024 10/10/24 | For Sale | $1,189,000 | -- | $679 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
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 | $10,598 | $950,000 | $626,030 | $323,970 |
| 2024 | $10,598 | $846,062 | $557,537 | $288,525 |
| 2023 | $10,399 | $829,473 | $546,605 | $282,868 |
| 2022 | $10,124 | $813,210 | $535,888 | $277,322 |
| 2021 | $9,207 | $730,000 | $300,000 | $430,000 |
| 2020 | $8,502 | $675,000 | $278,000 | $397,000 |
| 2019 | $8,203 | $650,000 | $268,000 | $382,000 |
| 2018 | $7,521 | $625,000 | $258,000 | $367,000 |
| 2017 | $7,071 | $590,000 | $244,000 | $346,000 |
| 2016 | $6,857 | $570,000 | $236,000 | $334,000 |
| 2015 | $6,739 | $560,000 | $232,000 | $328,000 |
| 2014 | $6,625 | $550,000 | $228,000 | $322,000 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Sussely-House
Seller's Agent in 2025
Adam Sussely-House
eXp Realty of California, Inc.
(858) 774-2726
4 in this area
61 Total Sales
-
Michelle Sussely-House
Seller Co-Listing Agent in 2025
Michelle Sussely-House
eXp Realty of California, Inc.
(619) 846-2842
3 in this area
21 Total Sales
-
Joseph Falcone
Buyer's Agent in 2025
Joseph Falcone
Harcourts Prime Properties
(619) 518-4104
1 in this area
18 Total Sales
-
Dawn Lewis
Seller's Agent in 2024
Dawn Lewis
Real Broker
(619) 981-3917
2 in this area
169 Total Sales
Map
Source: San Diego MLS
MLS Number: 250017216
APN: 673-464-15
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