|
Rudy Flores · (619) 392-6714 · Real Estate Strategist, Realtor® · CalDRE #02257808 · Responsible Broker CalDRE #01481919
Island owners: enter what you paid for your Coronado home, when, and the ZIP code to estimate today's value, principal paid, your equity and a net.
Life on the island has a way of making the years go by, and values with them. This estimator takes the price you paid for your Coronado home and moves it forward with Zillow's typical values for 92118, month by month.
Give it your loan details and you will see what you have paid down, the equity you likely hold and an estimated net after costs. When you want a firmer figure, Rudy can check recent island sales for you.
Dreaming about your next chapter, on the island or off it? Begin with the Home Strategy Quiz, four quick questions, and Rudy will map out a plan.
Take the Home Strategy QuizPop in your address and send it over; Rudy compares recent island sales and gets back to you with one personal reply.
Talk to a lender. Rates, loan programs and approvals come from lenders, not from websites or real estate agents. Talk to your own mortgage broker, or use our preferred lender, Point Mortgage Corporation (NMLS #231073), at (619) 475-4095. You are always free to choose any lender you like, and you can verify any lender’s license at nmlsconsumeraccess.org.
This is an estimate for planning, from Zillow's ZIP-wide typical values applied to your purchase price. It is not an appraisal, a broker price opinion, an offer, a loan offer, or tax or legal advice, and Rudy is a real estate agent, not a lender, appraiser or tax professional.
Island homes are taxed on their Prop 13 value, which begins with the sale price and grows by 2% or less each year. Long-time Coronado owners often find that value far below what the home would bring today.
Proposition 19 can help owners 55 or older who leave the island for another California home: the taxable value may come along when that home is purchased inside two years of the sale, for as many as three moves. The assessor confirms who qualifies.
Island owners often turn to the downsizing calculator and Prop 13 since 1978: a Coronado timeline.
Close in direction, looser in amount. A bay view, a corner lot or a rebuild can put your home well outside the range. Rudy's free review of recent Coronado sales gives a number you can lean on.
Zillow's ZIP figures come out every month and reach back to 2000, a steady way to measure change since you bought. Your block shows up in comparable sales.
The second one. Enter what you owe today on every loan against the home, including any line of credit, and the page uses it.
No. It is the value the county taxes, which can rise from your price by 2% a year at most. Market value on the island is usually much higher, and your tax bill lists the exact taxable value.