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Sold for $2,855,000
  • $2,855,000

    515 Palm Ave, Coronado, CA 92118

    4beds
    --sqft
    Multi Family
    Built in 1930
    -- sqft lot
    $3,072,700 Zestimate®
    $--/sqft
    $4,806 Estimated rent

    Home value

    $3,072,700

    $2.61M - $3.63M

    $4,806/mo

    Zestimate® history
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    What's special

    Charming spanish cottage feel
    We are excited to present 511-15 Palm Avenue, a sweetheart Duplex consisting of (2) large 1,200SF+ 2Bedroom 1 Bath separate homes. The subject property is in phenomenal condition including fully renovated interiors/bathrooms/kitchens including a charming Spanish cottage feel throughout. Additionally, this property is located one block away from the prestigious Coronado Middle/High School— does it get any better than that? Constructed in 1930 & designated as a Historic Resource in 2018, 515 Palm Ave. benefits from significantly reduced property taxes under the Mills Act making this property that much more attractive for investors & owner users alike.

    Zillow last checked:

    Listing updated:

    Listed by:

    Aaron Bove DRE #01318320 858-945-7094,

    Marcus & Millichap

    Bought with:

    Kristyna Lukacova, DRE #02117121

    Keller Williams La Jolla

    Source: SDMLS,MLS#: 240028554MLS LogoOriginating MLS: SDMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • N/K
    Interior area
    • Total structure area: 2,433

    Property

    Features
    • Levels: 1 Story
    • Fencing: Partial
    Lot
    • Size: 3,946 Square Feet
    Details
    • Parcel number: 5363711500

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood/Stucco
    • Roof: Tile/Clay
    Condition
    • Year built: 1930

    Community & HOA

    Community
    • Security: N/K
    • Subdivision: CORONADO VILLAGE
    Location
    • Region: Coronado

    Financial & listing details

    • Tax assessed value: $813,030
    • Annual tax amount: $9,853
    • Date on market: 12/17/2024
    • Listing terms: Cash,Conventional,Exchange,FHA,VA
    • Tenant pays: Sewer, Trash, Water, Electricity, Gas/Propane

    Price history

    DateEventPrice
    1/22/2025Sold$2,855,000+5.9%
    Source: SDMLS #240028554 Report a problem
    1/2/2025Pending sale$2,695,000
    Source: SDMLS #240028554 Report a problem
    12/17/2024Listed for sale$2,695,000+63.3%
    Source: SDMLS #240028554 Report a problem
    3/26/2024Listing removed--
    Source: Zillow Rentals Report a problem
    3/15/2024Listed for rent$5,100
    Source: Zillow Rentals Report a problem
    4/8/2023Listing removed--
    Source: Zillow Rentals Report a problem
    3/7/2023Listed for rent$5,100-3.7%
    Source: Zillow Rentals Report a problem
    9/14/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    8/23/2022Listed for rent$5,295+32.5%
    Source: Zillow Rental Network Premium Report a problem
    8/24/2020Listing removed$3,995
    Source: Humphreys Residential Property Management Report a problem
    7/31/2020Listed for rent$3,995+8.1%
    Source: Humphreys Residential Property Management Report a problem
    6/14/2018Listing removed$3,695
    Source: Humphreys Residential Property Management Report a problem
    6/13/2018Listed for rent$3,695
    Source: Humphreys Residential Property Management Report a problem
    1/27/2006Sold$1,650,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,853 +8.8%$813,030 +9.7%
    2024$9,056 -11.8%$740,847 -13.3%
    2023$10,271 -27.8%$854,209 -30.6%
    2022$14,227 +2.7%$1,230,101 +3.4%
    2021$13,858 +3.8%$1,189,896 +2.3%
    2020$13,346 -36.1%$1,163,467 -41.3%
    2019$20,888 -4.1%$1,981,630 +2%
    2018$21,791 +7.5%$1,942,776 +7.9%
    2017$20,262 +1.4%$1,800,000
    2016$19,989 +5.9%$1,800,000 +5.9%
    2015$18,878 +0.7%$1,700,000
    2014$18,741 $1,700,000 +9.7%
    2013-- $1,550,000 +6.9%
    2012-- $1,450,000 -16%
    2011-- $1,725,485 +0.8%
    2010-- $1,712,590 -0.2%
    2009-- $1,716,660 +2%
    2008-- $1,683,000 +2%
    2007-- $1,650,000 +1060%
    2006-- $142,242 +2%
    2005-- $139,454
    Find assessor info on the county website

    Neighborhood: 92118

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,072,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,072,700