NOT LISTED FOR SALE

Estimated Value: $2,653,203 - $3,012,000

3 Beds
2 Baths
1,271 Sq Ft
$375/mo HOA Fee

Last Sold March 22, 2022

Last sale price $2,488,000 $1,958 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $18,142/month

6 Days on Market

Highlights

  • Ocean View
  • No Units Above
  • Park
  • La Jolla Elementary School Rated A
  • 1 Car Attached Garage
  • Laundry Room

About This Home

As of March 2022

With riveting, sit-down views of the ocean from most of the living areas and an idyllic coastal setting that is walking distance to the best that La Jolla has to offer, this inviting penthouse is the opportunity of a lifetime. Marvel at the splendor of daily sunsets from the dining room or kitchen, relax by the fireplace in the family room, catch some rays on the private balcony off one of the secondary bedrooms, which could be the perfect home office, or contemplate a quick stroll to the many iconic shops, art galleries, coffee shops and restaurants that have made the area famous. A private elevator provides direct access to this home, including the ocean view dining room and kitchen, where the gorgeous blue granite counters echo the sparkling Pacific outside. Gather friends around the large breakfast bar, have an aperitif at the wet bar in the family room, select a favorite vintage from the built-in wine fridge, or take advantage of the high-end appliances and prepare a gourmet meal at home. With custom cabinets that have glass insets, the elegant, European-style kitchen is a focal point. The primary suite is equally appealing, as it has a built-in desk/work-station, a walk-in closet, a sitting area, dual sinks and a tub/shower combo with a glass enclosure. Other features that set this home apart include a laundry room, an updated guest bath, surround sound and a dedicated parking space. Enjoy the turnkey interior and the premium location nearby La Jolla beaches, shopping and restaurants.

Last Agent to Sell the Property

Betty Toroyan-Tashakorian

eXp Realty of Southern CA License #01403832 Listed on: 03/05/2022

eXp Realty of Southern CA

Last Buyer's Agent

Bern McGovern

Real Broker License #01905334

Real Broker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $31,820

Year Built

  • Built in 1982

Lot Details

  • No Units Above
  • Sprinkler System

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • City Lights
  • Neighborhood

Interior Spaces

  • 1,271 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Tract Number 35
  • Assessor Parcel Number 3504110803

Community Details

Overview

  • 3 Units
  • 245 Prospect Terrace Association, Phone Number (626) 644-4065

Recreation

  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$31,820

Year Built

Built in 1982

Lot Details

0

HOA Fees

$375 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R-1:Single Fam-Res
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 3504110803
  • Year Built: 1982
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1271.00 Square Feet
  • Common Walls: No One Above
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 1957.51
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • View: City Lights, Coastline, Neighborhood, Ocean
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 375.00
  • Association Fee Frequency: Monthly
  • Association Name: 245 Prospect Terrace
  • Phone: 626-644-4065
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban, Park

Schools

  • School District: La Jolla

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 3

Tax Info

  • Tax Tract Number: 00035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2022
Closed on
Mar 20, 2022
Sold by
Lj Vacation Llc
Bought by
Wu & Associates Inc
Seller's Agent
Betty Toroyan-Tashakorian
eXp Realty of Southern CA
Buyer's Agent
Bern McGovern
Real Broker
List Price
$2,488,000
Sold Price
$2,488,000
Current Estimated Value
$2,774,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,051
Avg. Annual Appreciation
3.24%

Purchase Details

Closed on
Jun 9, 2011
Sold by
Wilenchik Dennis I and Bartness Becky A
Bought by
Lj Vacation Llc

Purchase Details

Closed on
May 1, 2006
Sold by
Shiff Jonathan M
Bought by
Wilenchik Dennis I and Bartness Becky A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 22, 2004
Sold by
Shiff Tatiana Takaeva
Bought by
Shiff Jonathan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,750
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 19, 2004
Sold by
Narrow David
Bought by
Shiff Jonathan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,750
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 19, 2002
Sold by
Tiedeman George E and Tiedeman Jane A
Bought by
Narrow David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Interest Rate
5.75%

Purchase Details

Closed on
Dec 20, 1993
Sold by
Rivkin Arthur L and Rivkin Jeannie P
Bought by
Tiedeman George E and Tiedeman Jane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7.16%

Purchase Details

Closed on
May 20, 1988

Purchase Details

Closed on
Apr 12, 1984
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
Wu & Associates Inc $2,488,000 Chicago Title
Lj Vacation Llc $1,300,000 California Title Company
Wilenchik Dennis I $1,299,000 Fidelity National Title Co
Shiff Jonathan M -- Fidelity National Title Co
Shiff Jonathan M $925,000 Fidelity National Title Co
Narrow David $685,000 Equity Title Company
Tiedeman George E $315,000 Stewart Title
-- $375,000 --
-- $286,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lj Vacation Llc $2,000,000
Previous Owner Wilenchik Dennis I $2,400,000
Previous Owner Wilenchik Dennis I $550,000
Previous Owner Shiff Jonathan M $250,000
Previous Owner Shiff Jonathan M $693,750
Previous Owner Narrow David $411,000
Previous Owner Tiedeman George E $26,120
Previous Owner Tiedeman George E $356,000
Previous Owner Tiedeman George E $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2022 03/22/22 Sold $2,488,000 0.0% $1,958 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
03/05/2022 03/05/22 For Sale $2,488,000 -- $1,958 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $31,820 $2,640,285 $2,122,416 $517,869
2024 $31,820 $2,588,515 $2,080,800 $507,715
2023 $31,121 $1,569,459 $1,328,007 $241,452
2022 $19,121 $1,569,459 $1,328,007 $241,452
2021 $18,990 $1,538,686 $1,301,968 $236,718
2020 $18,759 $1,522,909 $1,288,618 $234,291
2019 $18,425 $1,493,049 $1,263,351 $229,698
2018 $17,224 $1,463,775 $1,238,580 $225,195
2017 $80 $1,435,075 $1,214,295 $220,780
2016 $16,550 $1,406,937 $1,190,486 $216,451
2015 $16,306 $1,385,804 $1,172,604 $213,200
2014 $16,047 $1,358,659 $1,149,635 $209,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2202029

California Regional Multiple Listing Service (CRMLS)

APN: 350-411-08-03