NOT LISTED FOR SALE

1043 Ocean Blvd Coronado, CA 92118

Estimated Value: $4,289,000 - $16,644,360

9 Beds
10 Baths
10,500 Sq Ft
$761/Sq Ft Est. Value

Last Sold March 16, 2020

Last sale price $11,000,000 $1,048 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $48,588/month

About This Home

As of March 2020

Welcome to the Premier Luxury Vacation Experience at the Oceanfront Spreckels Mansion!Available December 1st, 2020. This property consists of 4 bedrooms in the main house a 3 bedroom guest house and 3 rooms with private entrances. The main house originally designed by famed architect Harrison Albright, the guest house was added in 1928 by architect Richard Requa. The property has been restored and updated for modern living w theatre/ bonus room, an enclosed courtyard w/ pool and 4 car garage.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2022
Sold by
Speckles Ocean Blvd Llc
Bought by
Scott And Susan Mcmillin Family Trust
Current Estimated Value
$7,990,090

Purchase Details

Listed on
Mar 16, 2020
Closed on
Feb 7, 2020
Sold by
1043 Ocean Blvd Llc
Bought by
Spreckels Ocean Blvd Llc
Seller's Agent
Scott Aurich
Pacific Sotheby's International Realty
Buyer's Agent
Scott Aurich
Pacific Sotheby's International Realty
List Price
$11,000,000
Sold Price
$11,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.09%
Original Mortgage
$3,000,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 2011
Sold by
Shacknai Jonah
Bought by
1043 Ocean Blvd Llc

Purchase Details

Closed on
Aug 17, 2010
Sold by
Bank Of America Na
Bought by
Shacknai Jonah

Purchase Details

Closed on
Mar 2, 2007
Sold by
Wiley George and George Wiley J
Bought by
La Salle Bank Na and Trust #00-2361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,700,000
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 7, 1986

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Scott And Susan Mcmillin Family Trust -- --
Spreckels Ocean Blvd Llc $11,000,000 Chicago Title Company
1043 Ocean Blvd Llc $9,000,000 Chicago Title Company
Shacknai Jonah -- Accommodation
La Salle Bank Na -- California Title Company
Wiley George -- California Title
-- $1,275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spreckels Ocean Blvd Llc $3,000,000
Previous Owner Lasalle Bank Na $9,000,000
Previous Owner Wiley George $11,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Rented $50,000 -16.7% --
07/12/2020 07/12/20 Price Changed $60,000 -25.0% $6 / Sq Ft
03/25/2020 03/25/20 For Rent $80,000 0.0% --
03/16/2020 03/16/20 Sold $11,000,000 0.0% $1,048 / Sq Ft
03/16/2020 03/16/20 For Sale $11,000,000 -- $1,048 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --

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
2024 $48,928 $4,490,127 $2,578,470 $1,911,657
2023 $49,871 $4,758,483 $2,555,089 $2,203,394
2022 $51,981 $4,758,483 $2,555,089 $2,203,394
2021 $51,593 $4,701,008 $2,520,604 $2,180,404
2020 $54,143 $5,037,561 $2,922,536 $2,115,025
2019 $54,078 $4,949,895 $2,869,937 $2,079,958
2018 $55,600 $5,084,201 $2,950,520 $2,133,681
2017 $56,211 $5,137,114 $2,982,268 $2,154,846
2016 $54,515 $5,038,255 $2,922,953 $2,115,302
2015 $54,455 $5,038,719 $2,923,231 $2,115,488
2014 $54,686 $5,086,339 $3,051,803 $2,034,536
Source: Public Records

Agents Affiliated with this Home

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