260 Palomar Ave La Jolla, CA 92037
Lower Hermosa Neighborhood
4
Beds
3
Baths
1,834
Sq Ft
3,751
Sq Ft Lot
Highlights
- Ocean View
- Private Pool
- Wood Flooring
- La Jolla Elementary School Rated A
- Ocean Side of Freeway
- Main Floor Bedroom
About This Home
As of January 2024Ocean view property only a few parcels from the water!! The location is fabulous and the building which is in disrepair is configured as 2 units. A great opportunity to create living spaces others dream about. The current configuration has the original 2 bedroom, 1 bath home attached to a 2 story 2 bedroom, 2 bath unit (legal status unknown). There is a connecting doorway between the 2 units, though there are separate exterior entrances. The backyard pool is covered for safety. The access to the garage is from the alley. Bring your ideas and take a look!
Last Agent to Sell the Property
Heartland Real Estate License #00924501 Listed on: 11/09/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $26,215
Year Built
- Built in 1965
Lot Details
- 3,751 Sq Ft Lot
- Lot Dimensions are 100x37
- Property fronts an alley
- South Facing Home
- Wood Fence
- Level Lot
- Back Yard
- Density is up to 1 Unit/Acre
- Property is zoned Single Family Residential
Parking
- 1 Car Garage
Home Design
- Major Repairs Completed
- Fixer Upper
- Raised Foundation
- Concrete Perimeter Foundation
Interior Spaces
- 1,834 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
- Living Room
- Ocean Views
- Gas Range
- Laundry Room
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Private Pool
- Ocean Side of Freeway
Utilities
- Ductless Heating Or Cooling System
- Forced Air Heating System
- Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Tract Number 1216
- Assessor Parcel Number 3514661900
- Tax Block 13
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 14, 2023
Closed on
Jan 24, 2024
Sold by
Simone Francesco and Simone Deborah T
Bought by
Greenwillow Lane Llc
Seller's Agent
Kevin Gioia
Crux Real Estate
Buyer's Agent
Lera Blevins
Single Oak Realty
List Price
$2,750,000
Sold Price
$2,550,000
Premium/Discount to List
-$200,000
-7.27%
Views
169
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,134
Avg. Annual Appreciation
7.90%
Original Mortgage
$500,000
Interest Rate
7.03%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 14, 2023
Closed on
Jan 12, 2024
Sold by
Red Door Assets Llc
Bought by
Simone Francesco and Simone Deborah T
Seller's Agent
Kevin Gioia
Crux Real Estate
Buyer's Agent
Lera Blevins
Single Oak Realty
List Price
$2,750,000
Sold Price
$2,550,000
Premium/Discount to List
-$200,000
-7.27%
Views
169
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.03%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 9, 2022
Closed on
Jan 9, 2023
Sold by
Franklin Family Trust
Bought by
Red Door Assets Llc
Seller's Agent
Frank McLin
Heartland Real Estate
Buyer's Agent
Kevin Gioia
Crux Real Estate
List Price
$2,395,000
Sold Price
$2,090,000
Premium/Discount to List
-$305,000
-12.73%
Views
66
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.25%
Original Mortgage
$1,672,000
Interest Rate
6.33%
Mortgage Type
Construction
Purchase Details
Closed on
Jun 15, 2005
Sold by
Franklin Sydney L and Franklin Geraldine M
Bought by
Franklin Sydney L and Franklin Geraldine M
Purchase Details
Closed on
Nov 16, 2004
Sold by
Franklin Sydney L and Franklin Geraldine M
Bought by
Franklin Sydney L and Franklin Geraldine M
Purchase Details
Closed on
Jun 2, 1997
Sold by
Franklin Sydney L and Franklin Geraldine M
Bought by
Franklin Sydney L and Franklin Geraldine M
Purchase Details
Closed on
Dec 28, 1993
Sold by
Va
Bought by
Franklin Sydney L and Franklin Geraldine M
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Grant Deed | $2,550,000 | Ticor Title Company | |
| Grant Deed | $2,090,000 | Ticor Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,560,000 | New Conventional | |
| Closed | $500,000 | New Conventional | |
| Previous Owner | $1,672,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/19/2024 01/19/24 | Sold | $2,550,000 | -7.3% | $1,390 / Sq Ft |
| 11/13/2023 11/13/23 | Pending | -- | -- | -- |
| 11/01/2023 11/01/23 | For Sale | $2,750,000 | 0.0% | $1,499 / Sq Ft |
| 10/12/2023 10/12/23 | Pending | -- | -- | -- |
| 10/06/2023 10/06/23 | Price Changed | $2,750,000 | -6.8% | $1,499 / Sq Ft |
| 09/14/2023 09/14/23 | For Sale | $2,950,000 | +41.1% | $1,609 / Sq Ft |
| 01/23/2023 01/23/23 | Sold | $2,090,000 | -12.7% | $1,140 / Sq Ft |
| 12/21/2022 12/21/22 | Pending | -- | -- | -- |
| 12/13/2022 12/13/22 | For Sale | $2,395,000 | 0.0% | $1,306 / Sq Ft |
| 11/29/2022 11/29/22 | Pending | -- | -- | -- |
| 11/15/2022 11/15/22 | Price Changed | $2,395,000 | -12.9% | $1,306 / Sq Ft |
| 11/09/2022 11/09/22 | For Sale | $2,750,000 | -- | $1,499 / 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 |
|---|---|---|---|---|
| 2024 | $26,215 | $2,131,800 | $1,836,000 | $295,800 |
| 2023 | $24,535 | $2,000,000 | $1,800,000 | $200,000 |
| 2022 | $1,969 | $166,136 | $78,622 | $87,514 |
| 2021 | $1,954 | $162,880 | $77,081 | $85,799 |
| 2020 | $1,929 | $161,211 | $76,291 | $84,920 |
| 2019 | $1,894 | $158,051 | $74,796 | $83,255 |
| 2018 | $1,770 | $154,953 | $73,330 | $81,623 |
| 2017 | $1,727 | $151,916 | $71,893 | $80,023 |
| 2016 | $1,696 | $148,938 | $70,484 | $78,454 |
| 2015 | $1,670 | $146,702 | $69,426 | $77,276 |
| 2014 | $1,644 | $143,830 | $68,067 | $75,763 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Gioia
Seller's Agent in 2024
Kevin Gioia
Crux Real Estate
(619) 929-0526
2 in this area
227 Total Sales
-
Lera Blevins
Buyer's Agent in 2024
Lera Blevins
Single Oak Realty
(858) 254-6313
1 in this area
11 Total Sales
-
Frank McLin
F
Seller's Agent in 2023
Frank McLin
Heartland Real Estate
(619) 464-3575
1 in this area
110 Total Sales
-
Kathleen Parry
K
Seller Co-Listing Agent in 2023
Kathleen Parry
Heartland Real Estate
(619) 464-3435
1 in this area
45 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PTP2207242
APN: 351-466-19
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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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