NOT LISTED FOR SALE

737 Margarita Ave Coronado, CA 92118

Estimated Value: $6,560,000 - $7,907,000

6 Beds
4.5 Baths
4,841 Sq Ft
$1,474/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $4,750,000 $981 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $41,509/month

39 Days on Market

Highlights

  • Heated Spa
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Coronado Village Elementary Rated A
  • Retreat
  • 4-minute walk to Mathewson Park

About This Home

As of October 2020

Stunning Tudor style home situated on a spacious 11,200 sq ft lot just around the corner from the Coronado Golf course. Property was renovated in 2013 with designer touches throughout. Gourmet kitchen with 2 large islands, quartzite counter-tops and top-of the line appliances opens to spacious greatroom. Brand new beautifully landscaped front and backyards including hardscape, lighting, pergola covered grill and bar area , firepit and 12 person spa with water feature. This home is an entertainers delight! Property Features include: CAT 5 wiring throughout home, 2 person Bain Ultra Therapeutic Air Bathtub with IR Remote Control, Dual head Steammist shower, Viking 6 burner cooktop with grill and pot filler, Subzero refrigerator/freezer, Walk in pantry, New kitchen and family room cabinetry (April 2020), 2 cm leathered Taj Mahal slab kitchen countertops and backsplash, Built-in Miele Steamer, Built-in Miele Coffee Maker, New Miele fully integrated wi-fi enabled Knock 2 Open dishwasher (April 2020), New Kitchen Aid Wi-Fi enabled double oven with attachments (April 2020), New water softener & conditioner by Culligan (March 2020), New epoxy garage floor and built in cabinets (May 2020), New secondary tankless water heater (August 2019), Foundation upgrade seismic brackets and footings (January 2020), New windows in downstairs front bedroom (July 2020), New rain gutters and drains (September 2019), New outdoor Sonance sound system (August 2020), New professionally designed landscape front and backyard including,landscaping, hardscape, lighting, pergola covered grill and bar area with waterfall edged 3 cm leathered Taj Mahal slab counter tops, 5x7 lava rock filled fire pit with seating area, 12 person approx 10x10 spa with Waterwall feature (July 2020 all landscaping under warranty until approx August 2021) Designer European tile and stone work throughout house Tented and wood repairs for termites (February 2019)

Last Agent to Sell the Property

Kathy Koop

CA Home Finance & Real Estate License #00460840 Listed on: 09/11/2020

CA Home Finance & Real Estate

Co-Listed By

karrie gilby

Berkshire Hathaway HomeServices California Properties License #01465419

Last Buyer's Agent

Mary Morgan

Owen Properties License #00998518

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 0.26 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Sprinklers on Timer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Tudor Architecture
  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 4,841 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room

Kitchen

  • Walk-In Pantry
  • Double Convection Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated Spa
  • Pool Equipment or Cover

Outdoor Features

  • Balcony
  • Patio
  • Fire Pit
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 537-162-08-00

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Tudor/French Normandy
  • Residential Styles: Detached
  • Market Area: South Bay
  • Cross Street: Visalia Row
  • Neighborhood: Village
  • Supplement: Property Features include: CAT 5 wiring throughout home, 2 person Bain Ultra Therapeutic Air Bathtub with IR Remote Control, Dual head Steammist shower, Viking 6 burner cooktop with grill and pot filler, Subzero refrigerator/freezer, Walk in pantry, New kitchen and family room cabinetry (April 2020), 2 cm leathered Taj Mahal slab kitchen countertops and backsplash, Built-in Miele Steamer, Built-in Miele Coffee Maker, New Miele fully integrated wi-fi enabled Knock 2 Open dishwasher (April 2020), New Kitchen Aid Wi-Fi enabled double oven with attachments (April 2020), New water softener & conditioner by Culligan (March 2020), New epoxy garage floor and built in cabinets (May 2020), New secondary tankless water heater (August 2019), Foundation upgrade seismic brackets and footings (January 2020), New windows in downstairs front bedroom (July 2020), New rain gutters and drains (September 2019), New outdoor Sonance sound system (August 2020), New professionally designed landscape front and backyard including,landscaping, hardscape, lighting, pergola covered grill and bar area with waterfall edged 3 cm leathered Taj Mahal slab counter tops, 5x7 lava rock filled fire pit with seating area, 12 person approx 10x10 spa with Waterwall feature (July 2020 all landscaping under warranty until approx August 2021) Designer European tile and stone work throughout house Tented and wood repairs for termites (February 2019)
  • LP / Sq Ft: 1073.95
  • Price Per Sq Ft: 981.2
  • SP/ Sq Ft: 981.2
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1941
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Stone, Tile, Wood
  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Pool/Spa/Equipment, Refrigerator, Washer, Water Softener, 6 Burner Stove, Built In Range, Convection Oven, Double Oven, Freezer, Grill, Barbecue, Gas Range, Built-In, Counter Top, Gas Cooking
  • Fireplaces: 3
  • Fireplace: Fp In Family Room, Fp In Living Room, Fp In Master Br, Fire Pit
  • Searchable Rooms: Bedroom Entry Level, Bonus Room, Dining Room/Separate, Great Room, Master Retreat, Kitchen, Living Room, Master Bedroom, Foyer, Jack & Jill, Laundry, Master Bathroom, Walk-In Closet, Walk-In Pantry
  • Total Bedrooms: 6
  • Bedrooms: 6
  • Master Bedroom Dimensions: 19x20
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 4841
  • Total Bathrooms: 5

Exterior Features

  • Exterior Material: Stucco, Wood
  • Fencing: Partial
  • Patio: Balcony, Patio
  • Roof: Composition
  • Spa: Yes, Heated, Private

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Parking Spaces Total: 4

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric, Gas
  • Security: Eqpt Owned, Security System, Smoke Detector, Carbon Monoxide Detectors
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: CORONADO VILLAGE

Lot Info

  • Irrigation: Automatic, Sprinklers
  • Lot Size: .25 to .5 AC
  • Topography: Level
  • Assessor Parcel Number: 537-162-08-00
  • Estimated Lot Sq Ft: 11200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2020
Closed on
Oct 8, 2020
Sold by
Nicholas Courtney P and The Courtney P Levy Revocable
Bought by
Mcrae Austen and Mcrae Krysta
Seller's Agent
Kathy Koop
CA Home Finance & Real Estate
Buyer's Agent
Mary Morgan
Owen Properties
List Price
$5,199,000
Sold Price
$4,750,000
Premium/Discount to List
-$449,000
-8.64%
Current Estimated Value
$7,135,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,385,804
Avg. Annual Appreciation
8.06%

Purchase Details

Closed on
Aug 31, 2012
Sold by
Mcelroy Richard H and Mcelroy Janice S
Bought by
Levy Courtney P

Purchase Details

Closed on
Nov 2, 1995
Sold by
Mcelroy Richard H
Bought by
Mcelroy Janice

Purchase Details

Closed on
Sep 1, 1989

Purchase Details

Closed on
Jun 15, 1984
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Mcrae Austen $4,750,000 California Title Company
Levy Courtney P $3,400,000 First American Title San Die
Mcelroy Janice -- Fidelity National Title
-- $764,700 --
-- $510,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2020 10/29/20 Sold $4,750,000 -8.6% $981 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $5,199,000 -- $1,074 / Sq Ft
Source: San Diego MLS

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 $53,442 $5,141,551 $3,950,877 $1,190,674
2024 $53,442 $5,040,737 $3,873,409 $1,167,328
2023 $52,574 $4,845,000 $3,723,000 $1,122,000
2022 $51,631 $4,845,000 $3,723,000 $1,122,000
2021 $50,849 $4,750,000 $3,650,000 $1,100,000
2020 $42,245 $4,018,895 $2,927,558 $1,091,337
2019 $42,099 $3,940,094 $2,870,155 $1,069,939
2018 $41,365 $3,862,838 $2,813,878 $1,048,960
2017 $40,653 $3,787,097 $2,758,704 $1,028,393
2016 $39,434 $3,712,841 $2,704,612 $1,008,229
2015 $38,852 $3,657,072 $2,663,987 $993,085
2014 $37,754 $3,565,436 $2,611,804 $953,632
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200044290

San Diego MLS

APN: 537-162-08