$3,250,000
SOLD JAN 2, 2025
5 Beds
3 Baths
3,291 Sq Ft
6,795 Sq Ft Lot

Recently Sold

$988 Per Sq Ft

3% Below List Price

80 Days on Market

Highlights

  • Ocean View
  • Deck
  • Bonus Room
  • Sunset View Elementary School Rated A
  • Wood Flooring
  • Home Office

About This Home

As of January 2025

Welcome to 1040 Novara Street, a stunning luxury residence nestled in the highly desirable neighborhood of Sunset Cliffs. This exceptional home boasts 4 bedrooms, an office, and an exercise room, offering a versatile layout that accommodates a variety of lifestyles. Step inside and be captivated by the expansive 3,291 square feet of living space, where modern elegance meets unparalleled functionality. Enjoy panoramic sit-down ocean views from the living room, creating a serene and picturesque backdrop for daily living. Cook, gather, and entertain in the gourmet kitchen, featuring a large island with a "prep" sink, a top-of-the-line Dacor range, wine fridge, and a spacious walk-in pantry featuring a dutch door. The primary suite is a private sanctuary, offering impressive ocean views that can also be enjoyed from the balcony. The primary bathroom is complete with a marble tub surround, separate shower enclosure, and dual vanities. The custom closet system adds a touch of sophistication and ample storage space. The primary also features a loft space with multi-purpose use. The downstairs bedroom can be creatively utilized as an ADU, playroom, living room, or teen retreat, providing flexibility and convenience for your needs. Enjoy the large private enclosed deck which creates the ultimate space to dine al fresco and entertain. The newly landscaped front, back, and side yards include new irrigation, artificial grass, lighting, a Sonos sound system, fencing, making outdoor living an absolute pleasure. Additional features include a new roof (2023), new painting and flooring in the downstairs bedroom, a wine cellar, and a state-of-the-art Daikin HVAC system installed in 2021. Window treatments have been thoughtfully added to the bedrooms , guest bathroom, exercise room, and downstairs room in 2021, enhancing both privacy and style. The long driveway, accessible from the alley through an electric rolling gate, leads to a 2-car garage, providing ample parking and security. Experience the epitome of luxury living where every detail has been meticulously curated to offer a refined and comfortable lifestyle. This wonderful home is also located within the boundary of prestigious Sunset View Elementary. Don't miss this rare opportunity to own a piece of paradise in Sunset Cliffs.

Last Agent to Sell the Property

Kevin Bennett

Compass License #01948696 Listed on: 09/10/2024

Compass

Co-Listed By

Cortney Bennett

Compass License #01382469

Last Buyer's Agent

Lisa Verdieck

Radius Agent Realty License #01871387

Radius Agent Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,435

Year Built

  • Built in 1990

Lot Details

  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Sprinklers on Timer

Parking

  • 2 Car Detached Garage
  • Driveway
  • Automatic Gate
  • On-Street Parking

Property Views

  • Ocean
  • Panoramic

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 3,291 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Bonus Room
  • Utility Room
  • Home Gym

Kitchen

  • Walk-In Pantry
  • Gas Oven
  • Gas Cooktop
  • Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 531-030-07-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,435

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Coastal South
  • Cross Street: Hill St
  • Neighborhood: Sunset Cliffs
  • Supplement: Additional features include a new roof (2023), new painting and flooring in the downstairs bedroom, a wine cellar, and a state-of-the-art Daikin HVAC system installed in 2021. Window treatments have been thoughtfully added to the bedrooms , guest bathroom, exercise room, and downstairs room in 2021, enhancing both privacy and style. The long driveway, accessible from the alley through an electric rolling gate, leads to a 2-car garage, providing ample parking and security. Experience the epitome of luxury living where every detail has been meticulously curated to offer a refined and comfortable lifestyle. This wonderful home is also located within the boundary of prestigious Sunset View Elementary. Don't miss this rare opportunity to own a piece of paradise in Sunset Cliffs.
  • LP / Sq Ft: 1017.93
  • Price Per Sq Ft: 987.54
  • SP/ Sq Ft: 987.54
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1990
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Wood
  • Equipment Available: Dishwasher, Disposal, Microwave, Refrigerator, Washer, Gas Oven, Gas Stove, Range/Stove Hood, Gas Cooking
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Searchable Rooms: Bonus Room, Dining Area, Exercise Room, Office, Utility Room, Kitchen, Living Room, Master Bedroom, Laundry, Master Bathroom, Walk-In Closet, Walk-In Pantry
  • Total Bedrooms: 5
  • Bedrooms: 4
  • Master Bedroom Dimensions: 20x10
  • Optional Bedrooms: 1
  • Full Bathrooms: 3
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 3291
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full, Gate
  • Patio: Balcony, Deck
  • Roof: Composition
  • View: Ocean, Panoramic, Panoramic Ocean, Water

Garage/Parking

  • Garage Details: Detached, Garage
  • Garage Spaces: 2
  • Non Garage Parking: Driveway, Street
  • Garage Spaces: 2
  • Parking Spaces Total: 4

Utilities

  • Cooling: Central Forced Air
  • Security: Automatic Gate
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit

Condo/Co-op/Association

  • Community: POINT LOMA

Lot Info

  • Irrigation: Automatic
  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Assessor Parcel Number: 531-030-07-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2024
Closed on
Dec 9, 2024
Sold by
Belsky James and Boyd Amanda
Bought by
Balkin Hallie and Balkin Alexander
Seller's Agent
Kevin Bennett
Compass
Buyer's Agent
Lisa Verdieck
Radius Agent Realty
List Price
$3,350,000
Sold Price
$3,250,000
Premium/Discount to List
-$100,000
-2.99%
Views
194
Current Estimated Value
$3,315,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,355
Avg. Annual Appreciation
4.15%
Original Mortgage
$2,437,500
Outstanding Balance
$2,422,817
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$903,359

Purchase Details

Listed on
May 22, 2020
Closed on
Aug 13, 2020
Sold by
Ueland Tor and Ueland Susan D
Bought by
Belsky James and Boyd Amanda
Seller's Agent
Jeff Pastore
Alta Pacific Realty
Buyer's Agent
Leo Magazu
Referral Realty
List Price
$2,249,000
Sold Price
$2,179,000
Premium/Discount to List
-$70,000
-3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%
Original Mortgage
$1,454,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2019
Sold by
Ueland Arnulf Tor and Ueland Susan D
Bought by
Ueland Tor and Ueland Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,408,400
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2017
Sold by
Ueland Arnulf Tor and Ueland Susan
Bought by
Ueland Tor and Ueland Susan D

Purchase Details

Closed on
Feb 14, 2006
Sold by
Zukovich Michael J and Zukovich Nora J
Bought by
Ueland Arnulf Tor and Ueland Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,950
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 29, 1996
Sold by
Cihouski Joseph J and Cihouski Nora
Bought by
Zukovich Michael J and Zukovich Nora J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 14, 1995
Sold by
Thomas Doris M
Bought by
Cihouski Joseph J and Cihouski Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.37%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,250,000 First American Title
Grant Deed $3,250,000 First American Title
Grant Deed $2,179,000 Western Resources Title
Interfamily Deed Transfer -- Lawyers Title Sd
Interfamily Deed Transfer -- Lawyers Title Sd
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $1,535,000 Old Republic Title Company
Interfamily Deed Transfer -- --
Grant Deed $150,000 Continental Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,437,500 New Conventional
Closed $2,437,500 New Conventional
Previous Owner $1,454,000 New Conventional
Previous Owner $1,408,400 New Conventional
Previous Owner $922,500 New Conventional
Previous Owner $999,950 Fannie Mae Freddie Mac
Previous Owner $800,000 Credit Line Revolving
Previous Owner $130,500 Unknown
Previous Owner $134,500 Unknown
Previous Owner $120,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2025 01/02/25 Sold $3,250,000 -3.0% $988 / Sq Ft
11/30/2024 11/30/24 Pending -- -- --
09/10/2024 09/10/24 For Sale $3,350,000 +53.7% $1,018 / Sq Ft
09/23/2020 09/23/20 Sold $2,179,000 -3.1% $662 / Sq Ft
08/08/2020 08/08/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $2,249,000 -- $683 / 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 $28,435 $2,358,616 $1,731,890 $626,726
2024 $28,435 $2,312,370 $1,697,932 $614,438
2023 $27,810 $2,267,031 $1,664,640 $602,391
2022 $27,070 $2,222,580 $1,632,000 $590,580
2021 $26,885 $2,179,000 $1,600,000 $579,000
2020 $24,329 $1,982,366 $1,294,948 $687,418
2019 $23,893 $1,943,497 $1,269,557 $673,940
2018 $22,334 $1,905,390 $1,244,664 $660,726
2017 $21,006 $1,800,000 $1,156,000 $644,000
2016 $18,251 $1,558,500 $1,001,500 $557,000
2015 $17,568 $1,500,000 $1,000,000 $500,000
2014 $14,098 $1,200,000 $800,000 $400,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240021436

San Diego MLS

APN: 531-030-07