NOT LISTED FOR SALE

1718 Valdes Dr La Jolla, CA 92037

Estimated Value: $6,719,000 - $8,061,000

4 Beds
7 Baths
6,380 Sq Ft
$1,145/Sq Ft Est. Value

Last Sold August 24, 2019

Current estimated payment $44,405/month

Highlights

  • Ocean Front
  • Pool and Spa
  • Solar Power System
  • La Jolla Elementary School Rated A
  • RV Garage
  • Fireplace in Primary Bedroom

About This Home

As of January 2023

La Jolla Estate with Ocean Views. Spectacular ocean views from every room. 3 levels of luxury. Smart Home with surround sound, includes Elevator. Resort Style living includes Infinity Pool & Spa with built in BBQ- Perfect for Entertaining. 3 car garage with Views! Furnished Home with 12-month lease and security deposit 1.5x rent. Available January 1, 2023. Alarm, gardener, pool service, water

Last Agent to Rent the Property

Barbara Mercer

Mercer Investments Inc. License #02036190 Listed on: 11/18/2022

Co-Listed By

Kelli Mercer

Mercer Investments Inc. License #02036189

Last Renter's Agent

RANDALL MOECKLI RANDALL MOECKLI

Coldwell Banker Realty License #01235767

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,583

Year Built

  • Built in 2013

Lot Details

  • Ocean Front
  • Private Yard

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • RV Garage

Home Design

  • Stucco Exterior

Interior Spaces

  • 6,380 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Family Room with Fireplace
  • 5 Fireplaces
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Pool and Spa
  • In Ground Pool
  • In Ground Spa
  • Pool Equipment or Cover

Additional Features

  • Solar Power System
  • Outdoor Fireplace
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $44,250
  • Requirements for Move-In include 1 month rent, credit report, prorated rent, security deposit
  • 12-Month Minimum Lease Term
  • Assessor Parcel Number 350-552-09-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,583

Year Built

Built in 2013

Lot Details

0

Parking

3

Rental Info

  • Lease Required: Yes
  • Move In Requirements: 1 Month Rent, Credit Report, Prorated Rent, Security Deposit
  • Rental Type: Residential
  • Security Deposit: 44250
  • Vacation Rental Minimum Length: 12

Listing Details

  • Class: RESIDENTIAL RENTAL
  • Rental Residential Styles: Detached
  • Market Area: Coastal South
  • Cross Street: Meca Drive
  • Neighborhood: La Jolla
  • LP / Sq Ft: 4.62
  • Miscellaneous: Elevators/Stairclimber
  • Price Per Sq Ft: 4.62
  • Stories: 3 Story
  • Price Reflects: Monthly
  • Total Stories: 3
  • Year Built: 2013
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Stone, Wood
  • Furnished: Yes
  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Pool/Spa/Equipment, Range/Oven, Refrigerator, Solar Panels, Washer
  • Fireplaces: 5
  • Fireplace Location: FP in Family Room, FP in Living Room, FP in Master BR, Patio/Outdoors
  • Bedrooms: 4
  • Total Bedrooms: 4
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 6380
  • Total Bathrooms: 7

Exterior Features

  • Exterior Material: Stucco
  • Frontage: Ocean/Bluff
  • Pool: Below Ground
  • Spa: Private Below Ground, Private w/Pool, Yes
  • Exclusive Use Yard: Yes

Garage/Parking

  • Parking for RV: Garage
  • Garage Details: Detached
  • Garage Spaces: 3
  • Parking Spaces Total: 3

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric, Gas
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Pets Allowed: No Pets Allowed
  • Community: LA JOLLA

Lot Info

  • Assessor Parcel Number: 350-552-09-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2012
Sold by
Al Kourainy Kousay and Al Kourainy Mary
Bought by
Valdes 1718 Llc
Current Estimated Value
$7,267,677

Purchase Details

Closed on
Jan 29, 2008
Sold by
Lvt Investments Llc
Bought by
Al Kourainy Kousay and Al Kourainy Mary

Purchase Details

Closed on
May 21, 2007
Sold by
Knights Investment Llc
Bought by
Lj Development Group Llc

Purchase Details

Closed on
Apr 16, 2007
Sold by
Knights Investment Llc
Bought by
Lvt Investments Llc

Purchase Details

Closed on
Mar 29, 2007
Sold by
Knights Investment Llc
Bought by
Liaghat Hamid

Purchase Details

Closed on
Mar 9, 2006
Sold by
Knights Investment Llc
Bought by
Knights Investment Llc

Purchase Details

Closed on
May 19, 2005
Sold by
Gogue Lola E and Palmiotto Dino
Bought by
Knights Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,329,133
Interest Rate
5.84%
Mortgage Type
Construction

Purchase Details

Closed on
May 16, 2005
Sold by
Rezai Seyed M
Bought by
Gogue Lola E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,329,133
Interest Rate
5.84%
Mortgage Type
Construction

Purchase Details

Closed on
May 11, 2005
Sold by
Valdez Development Llc
Bought by
Gogue Lola E and Palmiotto Dino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,329,133
Interest Rate
5.84%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 18, 2003
Sold by
Gogue Lola E
Bought by
Valdez Development Llc

Purchase Details

Closed on
Mar 13, 2002
Sold by
Kawa Amnon
Bought by
Alev Benjamin A

Purchase Details

Closed on
Jun 1, 2001
Sold by
Bortnick Bernard
Bought by
Valdes Drive Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,323
Interest Rate
7.14%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 13, 1999
Sold by
Bortnick Linda
Bought by
Bortnick Bernard

Purchase Details

Closed on
Nov 25, 1998
Sold by
Harrod Claudette A
Bought by
Bortnick Bernard
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Valdes 1718 Llc -- None Available
Al Kourainy Kousay $2,600,000 Chicago Title Co
Lj Development Group Llc $185,000 None Available
Lvt Investments Llc -- None Available
Liaghat Hamid -- None Available
Liaghat Hamid -- Chicago Title Co
Knights Investment Llc -- Chicago Title Co
Knights Investment Llc -- Chicago Title Co
Knights Investment Llc -- Chicago Title Co
Knights Investment Llc -- Chicago Title Co
Gogue Lola E -- Chicago Title Co
Gogue Lola E $1,125,000 Chicago Title Co
Valdez Development Llc -- --
Alev Benjamin A -- --
Valdes Drive Llc $350,000 --
Bortnick Bernard -- First American Title
Bortnick Bernard $490,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valdes 1718 Llc $4,225,000
Closed Valdes 1718 Llc $3,500,000
Closed Valdes 1718 Llc $600,000
Previous Owner Gogue Lola E $2,329,133
Previous Owner Valdes Drive Llc $365,323
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2023 01/30/23 Rented $27,000 -8.5% --
11/18/2022 11/18/22 For Rent $29,500 0.0% --
08/24/2019 08/24/19 Sold -- -- --
07/25/2019 07/25/19 Pending -- -- --
06/12/2014 06/12/14 For Sale -- -- --
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 $58,583 $4,862,899 $3,077,333 $1,785,566
2024 $58,583 $4,767,549 $3,016,994 $1,750,555
2023 $57,295 $4,674,069 $2,957,838 $1,716,231
2022 $55,772 $4,582,422 $2,899,842 $1,682,580
2021 $55,390 $4,492,572 $2,842,983 $1,649,589
2020 $54,717 $4,446,507 $2,813,832 $1,632,675
2019 $53,739 $4,359,321 $2,758,659 $1,600,662
2018 $50,233 $4,273,845 $2,704,568 $1,569,277
2017 $49,041 $4,190,045 $2,651,538 $1,538,507
2016 $48,269 $4,107,889 $2,599,548 $1,508,341
2015 $47,556 $4,046,186 $2,560,501 $1,485,685
2014 $46,801 $3,966,928 $2,510,345 $1,456,583
Source: Public Records

Agents Affiliated with this Home

  • B

    Landlord's Agent in 2023

    Barbara Mercer

    Mercer Investments Inc.

    (619) 846-6140

    10 Total Sales

    Barbara Mercer
    Section Image

  • K

    Landlord's Co-Listing Agent in 2023

    Kelli Mercer

    Mercer Investments Inc.

    (619) 846-2080

    11 Total Sales

    Kelli Mercer
    Section Image

  • R

    Tenant's Agent in 2023

    RANDALL MOECKLI RANDALL MOECKLI

    Coldwell Banker Realty

  • Donna Medrea

    Tenant's Agent in 2023

    Donna Medrea

    Pacific Sotheby's Int'l Realty

    (858) 204-1810

    49 Total Sales

    Donna Medrea
    Section Image

  • O

    Seller's Agent in 2019

    Olga Gillung

    Best Solutions Realty

See All Agents

Map

Source: San Diego MLS

MLS Number: 220028416

San Diego MLS

APN: 350-552-09

California San Diego County La Jolla 92037

1718 Valdes Dr, La Jolla, CA

This home is located at 1718 Valdes Dr, La Jolla, CA 92037 since 18 November 2022 and is currently priced at $7,303,635. This property was built in 2013. 1718 Valdes Dr 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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