NOT LISTED FOR SALE

Estimated Value: $3,800,000 - $4,257,000

3 Beds
3 Baths
2,608 Sq Ft
$1,000/mo HOA Fee

Last Sold March 17, 2021

Last sale price $3,120,000 $1,196 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $26,203/month

54 Days on Market

Highlights

  • Ocean View
  • Penthouse
  • Balcony
  • La Jolla Elementary School Rated A
  • End Unit
  • 4-minute walk to Coast Boulevard Park

About This Home

As of March 2021

Enjoy Panoramic water views from this single level penthouse end unit. Flooded with light, the open great room floor plan features the 3 main living spaces (gourmet kitchen, formal dining and formal living) that all have blue ocean views and direct access to the huge patio. 3 generous en suite bedrooms. Located on the quiet south end of Prospect Street but conveniently walkable to both the beach and village. 2 assigned parking spots+large storage room.Plan to stay for awhile to enjoy this special property This 6 unit classic Mediterranean style is located on the edge of the village. Gated for security and equipped with an elevator to the top floor, step into this light and bright penthouse unit to the formal grand entry. With the 3 en suite bedrooms in the back of the unit for privacy, proceed to the great room to discover an expansive breathtaking view of the water. Immediately notice that the view can be enjoyed from the kitchen, living room and dining room which all have direct access through two sets of french doors to the 150+ sf balcony. Full equipped with a center island, the kitchen features an abundance of cabinetry, Brazilian blue granite counter tops, convection oven/microwave combo and stainless appliances. Off of the kitchen, find the oversized walk in utility room with washer, dryer, sink, trash compactor, cleaning equipment organization and storage. Enjoy the view and formal dining from the dining room with stylized arches windows or al fresco dining and the view with ocean breezes from the balcony. Cozy up to the fireplace in the living room. The floor plan is ideal for entertaining yet comfortable for day to day living. Down the bedroom wing are 3 en suite bedrooms. The primary suite luxury bathroom hosts a soaking Amertech tub, dual sinks, separate WC room, walk in closet with organization system, All 3 bathrooms are finished with Brazilian blue granite counter tops. In the community gated underground parking garage, this unit has 2 assigned generously sized parking spaces plus a bedroom size walk in storage room. Other features include 3 skylights, new AC unit, Nest thermostat and recessed lighting throughout. The building was originally designed by Island Architect with the finest in design and finishes.

Last Agent to Sell the Property

Tracie Kersten

Compass License #01137669 Listed on: 12/06/2020

Compass

Last Buyer's Agent

Non-Member Default

Default Non-Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $40,795

Year Built

  • Built in 2002

Lot Details

  • End Unit
  • Property is Fully Fenced

HOA Fees

  • $1,000 Monthly HOA Fees

Parking

  • Parking Garage

Home Design

  • Penthouse
  • Flat Roof Shape
  • Stucco Exterior

Interior Spaces

  • 2,608 Sq Ft Home
  • 4-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Ocean Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Separate Water Meter
  • Sewer Paid

Community Details

  • Association fees include exterior bldg maintenance, gated community, hot water, limited insurance, termite, trash pickup, water
  • 6 Units
  • The Prospect Villas Association, Phone Number (858) 456-7347
  • The Prospect Villas Community

Listing and Financial Details

  • Assessor Parcel Number 350-400-41-06

Property Details

Home Type

Condominium

Est. Annual Taxes

$40,795

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,000 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Coastal South
  • Cross Street: La Jolla Blvd
  • Neighborhood: La Jolla Village
  • Supplement: This 6 unit classic Mediterranean style is located on the edge of the village. Gated for security and equipped with an elevator to the top floor, step into this light and bright penthouse unit to the formal grand entry. With the 3 en suite bedrooms in the back of the unit for privacy, proceed to the great room to discover an expansive breathtaking view of the water. Immediately notice that the view can be enjoyed from the kitchen, living room and dining room which all have direct access through two sets of french doors to the 150+ sf balcony. Full equipped with a center island, the kitchen features an abundance of cabinetry, Brazilian blue granite counter tops, convection oven/microwave combo and stainless appliances. Off of the kitchen, find the oversized walk in utility room with washer, dryer, sink, trash compactor, cleaning equipment organization and storage. Enjoy the view and formal dining from the dining room with stylized arches windows or al fresco dining and the view with ocean breezes from the balcony. Cozy up to the fireplace in the living room. The floor plan is ideal for entertaining yet comfortable for day to day living. Down the bedroom wing are 3 en suite bedrooms. The primary suite luxury bathroom hosts a soaking Amertech tub, dual sinks, separate WC room, walk in closet with organization system, All 3 bathrooms are finished with Brazilian blue granite counter tops. In the community gated underground parking garage, this unit has 2 assigned generously sized parking spaces plus a bedroom size walk in storage room. Other features include 3 skylights, new AC unit, Nest thermostat and recessed lighting throughout. The building was originally designed by Island Architect with the finest in design and finishes.
  • Estimated Living Space: 2,500 to 2,999 SqFt
  • LP / Sq Ft: 1226.99
  • Price Per Sq Ft: 1196.32
  • Residential Unit Location: No Unit Above, End Unit, Penthouse
  • SP/ Sq Ft: 1196.32
  • Stories: 1 Story
  • Stories In Building: 4
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 2002
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Dishwasher, Microwave, Refrigerator, Electric Oven, Electric Range
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Searchable Rooms: Dining Area
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 15x15
  • Full Bathrooms: 3
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 2608
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Patio: Balcony
  • Roof: Flat
  • View: Panoramic Ocean

Garage/Parking

  • Garage Details: Attached, Underground, Community Garage
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric
  • Sewer/Septic: Sewer Paid
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: The Prospect Villas
  • Total Fees: 12000.0
  • Units In Building: 6
  • Total Number of Units: 6
  • Community: LA JOLLA
  • Home Owner Association: The Prospect Villas
  • Home Owner Association Fee Includes: Exterior Bldg Maintenance, Gated Community, Hot Water, Limited Insurance, Termite, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 1000.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-456-7347

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 3

Fee Information

  • Total Monthly Fees: 1000

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 350-400-41-06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2023
Sold by
Steinberg Jeffrey J and Steinberg Andrea Js
Bought by
Jeffrey J Steinberg And Andrea Js Steinberg L
Current Estimated Value
$3,982,110

Purchase Details

Listed on
Dec 6, 2020
Closed on
Feb 2, 2021
Sold by
Williams David R
Bought by
Steinberg Jeffrey J and Steinberg Andrea Js
Seller's Agent
Tracie Kersten
Compass
Buyer's Agent
Non-Member Default
Default Non-Member Office
List Price
$3,200,000
Sold Price
$3,120,000
Premium/Discount to List
-$80,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$2,000,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2012
Closed on
Jul 23, 2012
Sold by
Williams Gillian M
Bought by
Williams David R
Seller's Agent
Greg Noonan
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Tracie Kersten
Compass
List Price
$3,295,000
Sold Price
$2,975,000
Premium/Discount to List
-$320,000
-9.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.54%

Purchase Details

Listed on
Apr 10, 2012
Closed on
May 4, 2012
Sold by
Cranston Harold D
Bought by
Williams David Rhys
Seller's Agent
Greg Noonan
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Tracie Kersten
Compass
List Price
$3,295,000
Sold Price
$2,975,000
Premium/Discount to List
-$320,000
-9.71%

Purchase Details

Closed on
Jan 22, 2001
Sold by
Prospect Villa Development Development L
Bought by
Cranston Theodore J and Cranston Warrine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage
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
Jeffrey J Steinberg And Andrea Js Steinberg L -- None Listed On Document
Steinberg Jeffrey J $3,120,000 Fidelity National Title Co
Williams David R -- California Title Company
Williams David R -- California Title Company
Williams David Rhys $2,975,000 Chicago Title Company
Cranston Theodore J $1,618,500 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steinberg Jeffrey J $2,000,000
Previous Owner Cranston Theodore J $445,500
Previous Owner Cranston Theodore J $250,000
Previous Owner Cranston Theodore J $548,900
Previous Owner Cranston Theodore J $275,000
Closed Cranston Theodore J $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $3,120,000 -2.5% $1,196 / Sq Ft
01/30/2021 01/30/21 Pending -- -- --
12/06/2020 12/06/20 For Sale $3,200,000 +7.6% $1,227 / Sq Ft
06/12/2012 06/12/12 Sold $2,975,000 -9.7% $1,141 / Sq Ft
04/28/2012 04/28/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $3,295,000 -- $1,263 / Sq Ft
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 $40,795 $3,377,186 $2,706,080 $671,106
2024 $40,795 $3,310,968 $2,653,020 $657,948
2023 $39,898 $3,182,400 $2,550,000 $632,400
2022 $38,837 $3,182,400 $2,550,000 $632,400
2021 $42,662 $3,452,190 $2,552,882 $899,308
2020 $42,144 $3,416,793 $2,526,706 $890,087
2019 $41,393 $3,349,798 $2,477,163 $872,635
2018 $38,612 $3,284,117 $2,428,592 $855,525
2017 $37,783 $3,219,723 $2,380,973 $838,750
2016 $37,103 $3,156,592 $2,334,288 $822,304
2015 $36,554 $3,109,178 $2,299,225 $809,953
2014 $35,974 $3,048,275 $2,254,187 $794,088
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200053385

San Diego MLS

APN: 350-400-41-06