7325 Margerum Ave San Diego, CA 92120
San Carlos Neighborhood
4
Beds
3
Baths
2,277
Sq Ft
0.38
Acres
Highlights
- 0.38 Acre Lot
- Canyon View
- No HOA
- Marvin Elementary School Rated A
- Community Lake
- 2 Car Attached Garage
About This Home
As of May 2025Welcome to this spacious 4-bedroom, 3-bathroom home in the highly desirable Princess Gardens neighborhood of Allied Gardens. Offering 2,277 sq. ft. of living space on a large .38-acre lot, this home boasts incredible potential, stunning canyon views, and a backyard oasis with an assortment of fruit trees.This home provides the perfect blend of privacy and convenience. The expansive backyard slopes up a scenic canyon, creating a serene retreat ideal for outdoor entertaining, gardening, or simply enjoying San Diego’s beautiful weather. Inside, the thoughtfully designed layout features generous living spaces and ample natural light, offering endless possibilities to make it your own. You'll also find a spacious master suite designed for comfort and functionality, featuring his-and-hers closets and a luxurious dual shower—an ideal space to unwind after a long day. The home also includes a roomy two-car garage, providing ample storage and parking. Located just minutes from top-rated schools, parks, hiking trails, and outdoor activities, it’s perfect for families and outdoor enthusiasts alike. Don’t miss this rare opportunity to own a home in one of San Diego's most sought-after neighborhoods!
Last Agent to Sell the Property
eXp Realty of California, Inc. Brokerage Email: mac@cromwellhomegroup.com License #02032012 Listed on: 04/08/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,318
Year Built
- Built in 1978
Lot Details
- 0.38 Acre Lot
- Density is up to 1 Unit/Acre
- Property is zoned RS-1-7
Parking
- 2 Car Attached Garage
Interior Spaces
- 2,277 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Canyon Views
Bedrooms and Bathrooms
- 4 Bedrooms
- All Upper Level Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Location
- Suburban Location
Utilities
- Central Air
- No Heating
Listing and Financial Details
- Tax Tract Number 8015
- Assessor Parcel Number 6734611300
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- Community Lake
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2025
Closed on
May 13, 2025
Sold by
Nelson Trust and Nelson Daniel A
Bought by
Lemma Mekias and Mosissa Seenaa
Seller's Agent
Macaulay Kaland
eXp Realty of California, Inc.
Buyer's Agent
Brad Brinkman
eXp Realty of California Inc
List Price
$1,249,000
Sold Price
$1,249,000
Views
149
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.50%
Original Mortgage
$1,000,000
Outstanding Balance
$998,232
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$255,437
Purchase Details
Closed on
Jan 10, 2018
Sold by
Nelson Daniel A and Nelson Shelley C
Bought by
Nelson Daniel A and Nelson Shelley C
Purchase Details
Closed on
Feb 12, 2013
Sold by
Nelson Daniel A
Bought by
Nelson Daniel A
Purchase Details
Closed on
Dec 18, 1998
Sold by
Nelson Family Trust 12-07-91 and John C
Bought by
Nelson John C and Nelson Marjorie R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.86%
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 | $1,250,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | New Conventional | |
| Previous Owner | $48,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | Sold | $1,249,000 | 0.0% | $549 / Sq Ft |
| 04/23/2025 04/23/25 | Pending | -- | -- | -- |
| 04/08/2025 04/08/25 | For Sale | $1,249,000 | -- | $549 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $3,318 | $275,351 | $83,861 | $191,490 |
| 2024 | $3,318 | $269,953 | $82,217 | $187,736 |
| 2023 | $3,254 | $264,660 | $80,605 | $184,055 |
| 2022 | $3,166 | $259,472 | $79,025 | $180,447 |
| 2021 | $3,142 | $254,385 | $77,476 | $176,909 |
| 2020 | $3,104 | $251,778 | $76,682 | $175,096 |
| 2019 | $3,047 | $246,842 | $75,179 | $171,663 |
| 2018 | $2,848 | $242,003 | $73,705 | $168,298 |
| 2017 | $2,779 | $237,259 | $72,260 | $164,999 |
| 2016 | $2,732 | $232,608 | $70,844 | $161,764 |
| 2015 | $2,691 | $229,115 | $69,780 | $159,335 |
| 2014 | $2,640 | $224,628 | $68,414 | $156,214 |
Source: Public Records
Agents Affiliated with this Home
-
Macaulay Kaland
Seller's Agent in 2025
Macaulay Kaland
eXp Realty of California, Inc.
(619) 971-7238
3 in this area
45 Total Sales
-
Brad Brinkman
Buyer's Agent in 2025
Brad Brinkman
eXp Realty of California Inc
(858) 225-7385
1 in this area
28 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PTP2502443
APN: 673-461-13
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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