E
Seller's Agent in 2020
Elaine Gallagher
North San Diego County Association of REALTORS(r)
1700 Torrey Pines Rd La Jolla, CA 92037
La Jolla Shores NeighborhoodEstimated Value: $11,731,327
4
Beds
4.5
Baths
5,428
Sq Ft
$2,161/Sq Ft
Est. Value
Highlights
- Ocean View
- In Ground Pool
- Fireplace
- Torrey Pines Elementary School Rated A
- Main Floor Primary Bedroom
- Enclosed Patio or Porch
About This Home
As of October 2020The "Crown Jewel of La Jolla" is a mid-century Spanish style oceanfront estate. This historical landmark by Architect, John Lloyd Wright has a designated Mills Act. Breathtaking 180 degree whitewater ocean views from almost every room with walls of glass on .64 acres with a pool and guest house. Live the dream in a gorgeous tropical paradise. [Supplement]: Built in 1947 by John Godwin and Architect, John Lloyd Wright, son of the famous Frank Lloyd Wright was known as the "Greatest Architect of the 20th Century." This home has a designated Mills Act Landmark #432, that makes this the ultimate tax treasure. Trademark "Wright" architectural detailing with horizontal lines and cantilever construction. There are 3 bedrooms in the main house and the top floor bedroom has no closet but a closet toilet room. Guest house has an enormous bedroom which can be used as a gym/sports court or office. Surrounded by exotic landscaping, this property is reminiscent of Big Sur, South of France and the Amalfi Coast!
Last Agent to Sell the Property
Elaine Gallagher
North San Diego County Association of REALTORS(r) License #01076151 Listed on: 05/12/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,283
Year Built
- Built in 1947
Lot Details
- Partially Fenced Property
- Gentle Sloping Lot
Parking
- 8 Open Parking Spaces
- 2 Car Garage
- Detached Carport Space
- Parking Available
- Guest Parking
Property Views
- Ocean
- Panoramic
Home Design
- Brick Exterior Construction
- Spanish Tile Roof
- Wood Siding
Interior Spaces
- 5,428 Sq Ft Home
- 3-Story Property
- Fireplace
- Living Room
Kitchen
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
Laundry
- Laundry Room
- Laundry Located Outside
- Washer Hookup
Outdoor Features
- In Ground Pool
- Enclosed Patio or Porch
- Fire Pit
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 3501511200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 26, 2023
Sold by
Luna Trust
Bought by
Luna Trust and Szklar
Current Estimated Value
Purchase Details
Listed on
May 12, 2020
Closed on
Sep 9, 2020
Sold by
Shamssi Liaghat Trust and Liaghat Shamssi
Bought by
Luna Trust and Goodman
Seller's Agent
Elaine Gallagher
North San Diego County Association of REALTORS(r)
Buyer's Agent
Rossana Pestana
Coldwell Banker Realty
List Price
$9,999,000
Sold Price
$7,500,000
Premium/Discount to List
-$2,499,000
-24.99%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%
Original Mortgage
$4,500,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 30, 2000
Sold by
Liaghat Shamssi
Bought by
Liaghat Shamssi
Purchase Details
Closed on
Dec 27, 1999
Sold by
Fellinis Trade S A
Bought by
Liaghat Dr Shamssi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,242,500
Interest Rate
4.95%
Purchase Details
Closed on
Sep 22, 1998
Sold by
Marsh Margot W and Zobell Karl
Bought by
Mckean Susan and The Margot W Marsh Trust
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Luna Trust | -- | None Listed On Document | |
| Luna Trust | $7,500,000 | First American Title | |
| Liaghat Shamssi | -- | -- | |
| Liaghat Dr Shamssi | $3,450,000 | Commonwealth Land Title Co | |
| Mckean Susan | -- | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Luna Trust | $4,500,000 | |
| Previous Owner | Liaghat Dr Shamssi | $2,242,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/07/2020 10/07/20 | Sold | $7,500,000 | -25.0% | $1,382 / Sq Ft |
| 09/01/2020 09/01/20 | Pending | -- | -- | -- |
| 05/12/2020 05/12/20 | For Sale | $9,999,000 | -- | $1,842 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,283 | $837,752 | $502,651 | $335,101 |
| 2024 | $10,283 | $834,503 | $500,701 | $333,802 |
| 2023 | $11,805 | $960,832 | $576,499 | $384,333 |
| 2022 | $13,943 | $1,142,907 | $685,744 | $457,163 |
| 2021 | $13,885 | $1,123,471 | $674,082 | $449,389 |
| 2020 | $11,446 | $927,376 | $556,425 | $370,951 |
| 2019 | $11,136 | $900,543 | $540,325 | $360,218 |
| 2018 | $11,411 | $968,062 | $580,837 | $387,225 |
| 2017 | $80 | $998,035 | $598,821 | $399,214 |
| 2016 | $8,976 | $761,432 | $533,002 | $228,430 |
| 2015 | $8,973 | $761,021 | $532,714 | $228,307 |
| 2014 | $9,287 | $784,643 | $549,250 | $235,393 |
Source: Public Records
Agents Affiliated with this Home
-
-
Rossana Pestana
Buyer's Agent in 2020
Rossana Pestana
Coldwell Banker Realty
(619) 218-4593
2 in this area
11 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: 200021443
APN: 350-151-12
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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