NOT LISTED FOR SALE

1224 Virginia Way La Jolla, CA 92037

The Village Neighborhood

Estimated Value: $5,276,000 - $5,833,571

4 Beds
6 Baths
3,856 Sq Ft
$1,421/Sq Ft Est. Value

Last Sold December 03, 2019

Last sale price $3,175,000 $823 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $31,448/month

93 Days on Market

Highlights

  • Ocean View
  • Newly Remodeled
  • Contemporary Architecture
  • La Jolla Elementary School Rated A
  • Deck
  • Family Room with Fireplace

About This Home

As of December 2019

Like brand NEW with spectacular high ceilings, village and ocean view decks, and a superb walking location near schools, shops, restaurants and the Sunday Market, this fantastic warm contemporary residence combines sleek style with vast, open living areas. Finest finish materials and fixtures are found throughout and the main living room join the exquisite super-modern open-design chef's kitchen and dining areas to lead to a broad covered deck with fireplace. Just beyond the terrace, a patio with fire feature and lawn lead to the open garage with indoor/outdoor possibilities. Grand in scale and with ocean views, the upper level recreation room offers rooftop view deck access with dazzling panoramic village and sea views.

Last Agent to Sell the Property

Greg Noonan

Berkshire Hathaway HomeServices California Properties License #00655720 Listed on: 08/20/2019

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Patrick Noonan

Berkshire Hathaway HomeServices California Properties License #01865118

Last Buyer's Agent

Al Sladek

Alvin Sladek License #00711986

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,841

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 7,615 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Private Yard

Parking

  • 2 Car Detached Garage

Property Views

  • Ocean
  • City Lights

Home Design

  • Contemporary Architecture
  • Turnkey
  • Flat Roof Shape

Interior Spaces

  • 3,856 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • 3 Fireplaces
  • Dining Area
  • Home Office
  • Security System Owned

Kitchen

  • Built-In Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Outdoor Features

  • Balcony
  • Deck
  • Stone Porch or Patio
  • Outdoor Fireplace
  • Fire Pit

Additional Features

  • West of 5 Freeway
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 350-342-16-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,841

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Contemporary
  • Residential Styles: Detached
  • Property Condition: New Construction, Turnkey
  • Market Area: Coastal South
  • Cross Street: High Ave
  • Neighborhood: Village
  • Supplement: Just beyond the terrace, a patio with fire feature and lawn lead to the open garage with indoor/outdoor possibilities. Grand in scale and with ocean views, the upper level recreation room offers rooftop view deck access with dazzling panoramic village and sea views.
  • LP / Sq Ft: 842.81
  • Price Per Sq Ft: 823.39
  • SP/ Sq Ft: 823.39
  • Stories: 2 Story
  • Stories In Building: 2
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 2018
  • 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: Tile, Wood
  • Equipment Available: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Built In Range, Freezer
  • Fireplaces: 3
  • Fireplace: Fp In Family Room, Patio/Outdoors, Fire Pit
  • Walls: Drywall
  • Searchable Rooms: Dining Area, Office, Walk-In Closet
  • Total Bedrooms: 4
  • Bedrooms: 4
  • Master Bedroom Dimensions: 17X14
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Laundry Location: Closet Stacked
  • Estimated Sq Ft: 3856
  • Total Bathrooms: 6

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Patio: Balcony, Deck, Stone/Tile, Patio Open
  • Roof: Flat
  • View: Evening Lights, Ocean
  • Three or more Steps To Entry: Yes
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Detached
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric, Gas
  • Security: Eqpt Owned
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Fireplace, Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: LA JOLLA

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: West of I-5
  • Topography: Level
  • Assessor Parcel Number: 350-342-16-00
  • Estimated Lot Sq Ft: 7615
  • Estimated Number of Acres: 0.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2019
Closed on
Nov 26, 2019
Sold by
1224 Virginia Way Llc
Bought by
Holland Terry Lynn and Terry Lynn Holland Trust
Seller's Agent
Greg Noonan
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Al Sladek
Alvin Sladek
List Price
$3,295,000
Sold Price
$3,175,000
Premium/Discount to List
-$120,000
-3.64%
Current Estimated Value
$5,107,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,932,081
Avg. Annual Appreciation
9.36%
Original Mortgage
$0
Interest Rate
3.57%

Purchase Details

Closed on
Jun 27, 2018
Sold by
Victoria Capital Trust
Bought by
1224 Virginia Way Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,360,000
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
May 25, 2018
Sold by
Virginia Way Improvements Llc
Bought by
Toorak Repo Seller I Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,360,000
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
May 19, 2016
Sold by
Dorado Development Llc
Bought by
Virginia Way Improvements Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,281,600
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 12, 2015
Sold by
Jones Robert L and Jones Cloye D
Bought by
Dorado Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,007,000
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2003
Sold by
Jones Robert L
Bought by
Jones Robert L and Jones Cloye D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2000
Sold by
Nicol Robert Duncan
Bought by
Jones Robert L and Jones Cloye D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

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Average Value
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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
Holland Terry Lynn $3,175,000 Lawyers Title Company
1224 Virginia Way Llc $2,950,000 Lawyers Title Company
Toorak Repo Seller I Trust $2,990,985 Title365 Nb
Virginia Way Improvements Llc $1,703,000 Ticor Title San Diego
Dorado Development Llc $1,550,000 Ticor Title
Jones Robert L -- New Century Title Company
Jones Robert L -- New Century Title Company
Jones Robert L $1,100,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1224 Virginia Way $0
Previous Owner 1224 Virginia Way Llc $2,360,000
Previous Owner Virginia Way Improvements Llc $2,741,000
Previous Owner Virginia Way Improvements Llc $2,281,600
Previous Owner Dorado Development Llc $1,007,000
Previous Owner Jones Robert L $400,000
Previous Owner Jones Robert L $417,000
Previous Owner Jones Robert L $450,000
Previous Owner Jones Robert L $250,000
Previous Owner Jones Robert L $100,000
Previous Owner Jones Robert L $700,000
Previous Owner Jones Robert L $700,000
Previous Owner Jones Robert L $50,000
Previous Owner Jones Robert L $599,000
Previous Owner Jones Robert L $600,000
Previous Owner Nicol Robert Duncan $500,000
Previous Owner Nicol Catherine E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2019 12/03/19 Sold $3,175,000 -2.3% $823 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
10/18/2019 10/18/19 Price Changed $3,249,888 -1.4% $843 / Sq Ft
08/20/2019 08/20/19 For Sale $3,295,000 -- $855 / 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 $41,841 $3,472,323 $2,187,291 $1,285,032
2024 $41,841 $3,404,239 $2,144,403 $1,259,836
2023 $40,921 $3,337,490 $2,102,356 $1,235,134
2022 $39,833 $3,272,050 $2,061,134 $1,210,916
2021 $39,560 $3,207,893 $2,020,720 $1,187,173
2020 $39,080 $3,175,000 $2,000,000 $1,175,000
2019 $38,212 $3,099,000 $1,938,000 $1,161,000
2018 $27,269 $2,318,801 $1,615,741 $703,060
2017 $20,349 $1,737,060 $1,584,060 $153,000
2016 $18,509 $1,573,636 $1,395,968 $177,668
2015 $16,147 $1,379,146 $1,191,085 $188,061
2014 $15,890 $1,352,132 $1,167,754 $184,378
Source: Public Records

Agents Affiliated with this Home

  • Greg Noonan

    Seller's Agent in 2019

    Greg Noonan

    Berkshire Hathaway HomeServices California Properties

    (858) 400-8770

    37 in this area

    209 Total Sales

    Section Image
  • Patrick Noonan

    Seller Co-Listing Agent in 2019

    Patrick Noonan

    Berkshire Hathaway HomeServices California Properties

    (858) 349-6621

    10 in this area

    72 Total Sales

    Section Image

  • A

    Buyer's Agent in 2019

    Al Sladek

    Alvin Sladek

  • Christine Baker

    Buyer's Agent in 2019

    Christine Baker

    Willis Allen

    (858) 449-3200

    65 Total Sales

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Map

Source: San Diego MLS

MLS Number: 190046304

San Diego MLS

APN: 350-342-16

California San Diego County La Jolla 92037 The Village

1224 Virginia Way, La Jolla, CA

This home is located at 1224 Virginia Way, La Jolla, CA 92037 since 20 August 2019 and is currently estimated at $5,480,143, approximately $1,421 per square foot. This property was built in 2018. 1224 Virginia Way is a home located in San Diego County with nearby schools including La Jolla Elementary School, Muirlands Middle School, and La Jolla High School.

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