NOT LISTED FOR SALE

1251 Olivet St La Jolla, CA 92037

The Village Neighborhood

Estimated Value: $4,078,000 - $5,439,189

4 Beds
4.5 Baths
3,716 Sq Ft
$1,280/Sq Ft Est. Value

Last Sold April 02, 2013

Last sale price $2,023,000 $544 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $28,743/month

28 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Retreat
  • Home Office
  • La Jolla Elementary School Rated A
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of April 2013

Overlooking the Pacific & Village, newer built residence offers 4 bedrooms en-suite. Elegant appointments include a remodeled granite & stainless kitchen, custom bult-ins in family room & office/library, lots of windows for natural light & plantation shutters. Impressive ocean view Master Suite hosts a fireplace w/ dual vanity master bath & abundant closet space. Ocean View balconies & patios complement the living space; built-in BBQ. Oversized 4-car garage, laundry room, A/C, security system & storage.

Last Agent to Sell the Property

Jeanne Gleeson

Berkshire Hathaway HomeServices California Properties License #01059544 Listed on: 02/15/2013

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Todd Bloom

Berkshire Hathaway HomeServices California Properties License #01293668

Last Buyer's Agent

Michelle Serafini

Compass License #01411969

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,090

Year Built

  • Built in 1999

Lot Details

  • 10,498 Sq Ft Lot
  • Partially Fenced Property
  • Gentle Sloping Lot

Parking

  • 4 Car Attached Garage
  • Converted Garage
  • Tandem Garage
  • Garage Door Opener

Home Design

  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 3,716 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Formal Dining Room
  • Home Office

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Washer

Utilities

  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 350-502-05-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,090

Year Built

Built in 1999

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Coastal South
  • Cross Street: Exchange
  • Neighborhood: Village
  • LP / Sq Ft: 619.18
  • Price Per Sq Ft: 544.4
  • Residential Unit Location: Detached
  • SP/ Sq Ft: 544.4
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Stone, Tile, Wood
  • Equipment Available: Dishwasher, Disposal, Garage Door Opener, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 2
  • Fireplace: Fp In Family Room, Fp In Master Br
  • Searchable Rooms: Breakfast Area, Dining Area, Dining Room/Separate, Family Room, Great Room, Master Retreat, Office
  • Total Bedrooms: 4
  • Bedrooms: 4
  • Master Bedroom Dimensions: 25x18
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 3716
  • Total Bathrooms: 5

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Tile/Clay

Garage/Parking

  • Garage Details: Attached, Converted, Tandem
  • Garage Spaces: 4

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property

Condo/Co-op/Association

  • Community: LA JOLLA

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Topography: Slope Gentle
  • Assessor Parcel Number: 350-502-05-00
  • Estimated Lot Sq Ft: 10498
  • Estimated Number of Acres: 0.241
  • Map Code Column: F
  • Map Code Page: 1227
  • Map Code Row: 7

Tax Info

  • Assessor Parcel Number: 1251Olivet92037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2013
Closed on
Mar 21, 2013
Sold by
Mott Catherine E
Bought by
Abdel Malek Aiman A and Abdel Malek Sally E
Seller's Agent
Jeanne Gleeson
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Michelle Serafini
Compass
List Price
$2,300,876
Sold Price
$2,023,000
Premium/Discount to List
-$277,876
-12.08%
Current Estimated Value
$4,750,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,727,229
Avg. Annual Appreciation
7.06%
Original Mortgage
$900,000
Outstanding Balance
$601,353
Interest Rate
2.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,101,679

Purchase Details

Closed on
Oct 14, 2003
Sold by
Mott Merritt J and Mott Catherine E
Bought by
Mott Catherine E

Purchase Details

Closed on
Jul 1, 2003
Sold by
Cohen Steven and Cohen Sheri
Bought by
Mott Merritt and Mott Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$979,000
Interest Rate
4%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 28, 1998
Sold by
Palecek James F and Palecek Glory A
Bought by
Cohen Steven and Cohen Sheri

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
6.84%

Purchase Details

Closed on
May 8, 1996
Sold by
Archer Thomas Lloyd and Peters Laurie Jean
Bought by
Palecek James F and Palecek Glory Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.5%
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
Abdel Malek Aiman A $2,023,000 California Title Company
Mott Catherine E -- --
Mott Merritt $1,780,000 Chicago Title Co
Cohen Steven $1,475,000 Chicago Title Co
Palecek James F $320,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abdel Malek Aiman A $500,000
Open Abdel Malek Aiman A $900,000
Previous Owner Mott Merritt $979,000
Previous Owner Cohen Steven $500,000
Previous Owner Cohen Steven $588,000
Previous Owner Cohen Steve $600,000
Previous Owner Cohen Steven $600,000
Previous Owner Palecek James F $600,000
Previous Owner Palecek James F $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2013 04/02/13 Sold $2,023,000 -12.1% $544 / Sq Ft
02/22/2013 02/22/13 Pending -- -- --
01/25/2013 01/25/13 For Sale $2,300,876 -- $619 / 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 $30,090 $2,503,426 $1,705,522 $797,904
2024 $30,090 $2,454,340 $1,672,081 $782,259
2023 $29,426 $2,406,217 $1,639,296 $766,921
2022 $28,642 $2,359,037 $1,607,153 $751,884
2021 $28,444 $2,312,783 $1,575,641 $737,142
2020 $28,098 $2,289,069 $1,559,485 $729,584
2019 $27,595 $2,244,186 $1,528,907 $715,279
2018 $25,794 $2,200,183 $1,498,929 $701,254
2017 $25,180 $2,157,043 $1,469,539 $687,504
2016 $24,781 $2,114,749 $1,440,725 $674,024
2015 $24,414 $2,082,984 $1,419,084 $663,900
2014 $24,025 $2,042,183 $1,391,287 $650,896
Source: Public Records

Agents Affiliated with this Home

  • Jeanne Gleeson

    Seller's Agent in 2013

    Jeanne Gleeson

    Berkshire Hathaway HomeServices California Properties

    (858) 414-0686

    1 in this area

    87 Total Sales

    Section Image

  • T

    Seller Co-Listing Agent in 2013

    Todd Bloom

    Berkshire Hathaway HomeServices California Properties

    Section Image

  • M

    Buyer's Agent in 2013

    Michelle Serafini

    Compass

See All Agents

Map

Source: San Diego MLS

MLS Number: 130008013

San Diego MLS

APN: 350-502-05

California San Diego County La Jolla 92037 The Village

1251 Olivet St, La Jolla, CA

This home is located at 1251 Olivet St, La Jolla, CA 92037 since 15 February 2013 and is currently estimated at $4,757,047, approximately $1,280 per square foot. This property was built in 1999. 1251 Olivet St 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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