NOT LISTED FOR SALE

Estimated Value: $6,383,000 - $10,406,543

5 Beds
5.5 Baths
4,000 Sq Ft
$1,983/Sq Ft Est. Value

Last Sold April 17, 2019

Last sale price $6,500,000 $1,625 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $48,390/month

Highlights

  • Ocean View
  • Guest House
  • Retreat
  • Bird Rock Elementary School Rated A
  • In Ground Spa
  • 4-minute walk to Calumet Park

About This Home

As of April 2019

Seller will entertain offers between $7,900,000 - $8,800,000. Rare Private secluded Oceanfront Estate. 120+ Feet of Oceanfront Sanctuary. Big Ocean Views from Main Living Areas. Patio Terrace Casita. Approx. 4,000+ SF (including Patio Casita). Oceanfront Spa. Sun, Surf & Sounds. Excellent value. See Supplement. Amazing rare La Jolla custom oceanfront. Enjoy year round sunset kissed skies. Escape to your own private sanctuary fill your senses with sights, sounds and the serenity of this estate. Approximate 4,000 sqft includes separate entry Patio Casita with ensuite Bath, & Built-in Murphy bed. Fabulous private outdoor alfresco entertainment living spaces framed by meticulous meandering English gardens. Outdoor in-ground ocean view Spa. Entertainment Family Room open to gourmet Kitchen. Custom concrete Fireplace with gas logs. Magnificent floor-to-ceiling custom wood windows and French doors allow for stunning ocean views from main living areas. Designer easy-care Paver tile flooring. Gourmet Kitchen with granite counter-tops & custom Granite backsplash. Built-in appliances, Wolf 6-burner range, custom ceiling lights & custom cabinets. Breakfast bar highlighted by granite counter-tops. Formal separate Dining Room may easily accommodate intimate dinners or lavish affairs. Two separate wine storage refrigerators, custom cabinet with wet bar. Hand-Painted custom cabinets. Separate formal Living Room with glass double-set floor-to-ceiling French doors that open to the oceanfront patio, impressive oversized picture window, warming custom concrete Fireplace with gas logs & starter. Custom lighting with dimmer switch controls & In-wall speakers. Sumptuous private Main Suite embraces the whole upstairs with French door & oversized picture windows to enjoy sunset kissed skies & ocean views. Sleep to the sounds of the surf. Private sitting retreat, custom wet bar, custom built-ins. Two custom separate ensuite main Bathrooms with marble counter-tops, two separate fu...

Last Agent to Sell the Property

Donna Medrea

Pacific Sotheby's Int'l Realty License #00922764 Listed on: 03/07/2019

Pacific Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 7,536

Parking

  • 2 Car Garage
  • Parking Available
  • On-Street Parking

Property Views

  • Ocean
  • Panoramic

Home Design

  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Walk-In Closet

Pool

  • In Ground Spa
  • Heated Pool

Additional Features

  • Stone Porch or Patio
  • Guest House
  • Forced Air Zoned Cooling and Heating System

Listing and Financial Details

  • Assessor Parcel Number 3574260100

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

7,536 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: La Jolla
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 3574260100
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4000.00
  • Stories: 2
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Dining Room
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Price Per Square Foot: 1625.00
  • Room Type: Main Floor Bedroom, Family Room, Formal Entry, Retreat, Office, Kitchen, Living Room, Laundry, Walk-In Closet
  • Spa Features: In Ground

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House
  • View: Ocean, Panoramic
  • Patio And Porch Features: Stone
  • Pool Features: Heated
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Street
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Heating Type: Electric, Forced Air
  • Laundry Features: Individual Room
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2019
Closed on
May 23, 2019
Sold by
Lobo Family Trust
Bought by
Richard And Katherine Lobo Family Trust
Seller's Agent
Donna Medrea
Pacific Sotheby's Int'l Realty
List Price
$6,500,000
Sold Price
$6,500,000
Current Estimated Value
$7,932,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,432,848
Avg. Annual Appreciation
2.92%
Original Mortgage
$5,000,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2019
Closed on
Mar 7, 2019
Sold by
Grossman Family Trust
Bought by
Lobo Family Trust
Seller's Agent
Donna Medrea
Pacific Sotheby's Int'l Realty
List Price
$6,500,000
Sold Price
$6,500,000

Purchase Details

Closed on
Jun 10, 2002
Sold by
Grossman Michael S and Grossman Margaret S
Bought by
Grossman Michael S and Grossman Margaret S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
5.28%

Purchase Details

Closed on
May 21, 2001
Sold by
Grossman Michael S and Grossman Margaret Stevens
Bought by
Grossman Michael S and Grossman Margaret S

Purchase Details

Closed on
Feb 28, 1992
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Richard And Katherine Lobo Family Trust -- Chicago Title Co Sd
Lobo Family Trust $6,500,000 Guardian Title Company
Grossman Michael S -- Commonwealth Land Title
Grossman Michael S -- Commonwealth Land Title
Grossman Michael S -- --
-- $1,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Richard And Katherine Lobo Family Trust $5,000,000
Previous Owner Grossman Michael S $1,700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2019 04/17/19 Sold $6,500,000 0.0% $1,625 / Sq Ft
03/07/2019 03/07/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $6,500,000 -- $1,625 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $79,958 $6,500,000 $5,000,000 $1,500,000
2024 $79,958 $6,500,000 $5,000,000 $1,500,000
2023 $71,679 $5,840,000 $5,000,000 $840,000
2022 $71,168 $5,840,000 $5,000,000 $840,000
2021 $82,663 $6,698,686 $5,822,704 $875,982
2020 $81,660 $6,630,000 $5,763,000 $867,000
2019 $27,951 $2,265,825 $1,426,635 $839,190
2018 $26,138 $2,221,398 $1,398,662 $822,736
2017 $25,507 $2,177,842 $1,371,238 $806,604
2016 $25,105 $2,135,140 $1,344,351 $790,789
2015 $24,740 $2,103,069 $1,324,158 $778,911
2014 $24,348 $2,061,874 $1,298,220 $763,654
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190012560

California Regional Multiple Listing Service (CRMLS)

APN: 357-426-01

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