5228 Chelsea St La Jolla, CA 92037
Bird Rock Neighborhood
5
Beds
8
Baths
7,581
Sq Ft
8,900
Sq Ft Lot
Highlights
- Ocean Front
- Home Theater
- New Construction
- Bird Rock Elementary School Rated A
- Solar Heated Pool and Spa
- Rooftop Deck
About This Home
As of April 2023Newly Priced!! Captivating waterfront view, with striking modern design and uncompromised luxury combined in this new 5BD, 5 full BA + 3 half BA, 8,878-sf property, known as the ORA House. From the award-winning firm, Blue Heron, known for biophilic design, the brilliant integration of natural elements and indoor-outdoor living create harmony with the surrounding oceanside environment Restorative and inviting, the ORA house exemplifies what is possible when world-class designers unleash their creativity on the scenic jewel of La Jolla. Blue Heron, a nationally recognized and award-winning visionary and experiential firm, has designed and developed its second unmatched custom home in La Jolla. The contemporary and sustainable home design provides a unique setting with a view looking south to Crystal Pier, Point Loma, and the Coronado Islands and west to the sunset. 5228 Chelsea, "The ORA House", provides an unmatched modern living experience with a design that has maximized utilization of the lot and vertical space. The home offers a dramatic entry over a floating bridge leading to to an expansive ocean view, led by fire and a pool spilling down two water walls into multiple vertical voids over the lower living area and entering an all gas foyer where the beach pebbles flow inside to dissolve indoor / outdoor boundaries. The master suite has been purposely laid out wide to maximize the sublime views with glass at the vanity and beyond the bed wall to allow for ocean views from every angle, and includes a private heated balcony, oversized master closet with laundry and a gorgeous steam shower. A roof top entertainment space hosts magnificent 180-degree ocean views, and is complete with heaters, fire pit, BBQ, a wall of television screens and powder room.
Last Agent to Sell the Property
Pacific Sotheby's Int'l Realty License #01733274 Listed on: 11/20/2022
Last Buyer's Agent
Lee Kempis
Zip Realty Inc License #01734767
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $281,970
Year Built
- Built in 2022 | New Construction
Lot Details
- 8,900 Sq Ft Lot
- Ocean Front
- Gated Home
- Partially Fenced Property
- Landscaped
Parking
- 4 Car Attached Garage
- Front Facing Garage
- Two Garage Doors
- Garage Door Opener
- Automatic Gate
Property Views
- White Water Ocean
- Coastline
- Panoramic
- City Lights
Home Design
- Turnkey
- Wood Siding
- Stone Exterior Construction
Interior Spaces
- 7,581 Sq Ft Home
- 3-Story Property
- Elevator
- Furnished
- Built-In Features
- High Ceiling
- Recessed Lighting
- Gas Fireplace
- Entryway
- Family Room with Fireplace
- 4 Fireplaces
- Great Room
- Formal Dining Room
- Home Theater
- Home Office
- Recreation Room
- Bonus Room
- Storage Room
- Sauna
- Tile Flooring
Kitchen
- Walk-In Pantry
- Self-Cleaning Oven
- Built-In Range
- Range Hood
- Freezer
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Retreat
- Main Floor Bedroom
- Double Master Bedroom
- Walk-In Closet
- Dressing Area
- Low Flow Toliet
- Bathtub
- Shower Only
Laundry
- Laundry Room
- Stacked Washer and Dryer
Home Security
- Security System Owned
- Fire and Smoke Detector
- Fire Sprinkler System
Eco-Friendly Details
- Solar Power System
- Solar Water Heater
- Sprinklers on Timer
Pool
- Solar Heated Pool and Spa
- Solar Heated In Ground Pool
- Heated Spa
- Solar Heated Spa
- Waterfall Pool Feature
- Pool Equipment or Cover
Outdoor Features
- Rooftop Deck
- Enclosed patio or porch
- Outdoor Fireplace
- Terrace
- Outdoor Grill
Utilities
- Zoned Cooling
- High Efficiency Air Conditioning
- Vented Exhaust Fan
- Separate Water Meter
Community Details
- Billiard Room
Listing and Financial Details
- Assessor Parcel Number 415-062-10-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 20, 2022
Closed on
Apr 19, 2023
Sold by
5310C Llc
Bought by
Reza Amirrezvani Revocable Trust and Amirrezvanl
Seller's Agent
Deborah Greenspan
Pacific Sotheby's Int'l Realty
Buyer's Agent
Lee Kempis
Zip Realty Inc
List Price
$27,500,000
Sold Price
$22,500,000
Premium/Discount to List
-$5,000,000
-18.18%
Views
764
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
-$6,679,163
Avg. Annual Appreciation
-14.55%
Original Mortgage
$7,500,000
Outstanding Balance
$7,315,311
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$8,505,526
Purchase Details
Closed on
Apr 15, 2021
Sold by
5310C Llc
Bought by
Ben Yashar El Yachim
Purchase Details
Closed on
Dec 16, 2015
Sold by
Murphy Courtney Hammond
Bought by
5310C Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,570,000
Interest Rate
3.81%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 22, 2008
Sold by
Murphy John
Bought by
Murphy John and Murphy Courtney Hammond
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
6.62%
Mortgage Type
Unknown
Purchase Details
Closed on
Nov 1, 2005
Sold by
Murphy John
Bought by
Murphy John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
2.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Mar 29, 2005
Sold by
Murphy Robin Louise
Bought by
Murphy John
Purchase Details
Closed on
Mar 7, 2003
Sold by
Murphy John and Murphy Robin Louise
Bought by
Murphy John and Murphy Robin Louise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$828,000
Interest Rate
5.79%
Purchase Details
Closed on
Oct 8, 2002
Sold by
Murphy John and Murphy Robin Louise
Bought by
Murphy John and Murphy Robin Louise
Purchase Details
Closed on
Sep 1, 1988
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 |
|---|---|---|---|
| Grant Deed | $22,500,000 | Chicago Title | |
| Grant Deed | $500 | None Available | |
| Grant Deed | $4,675,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Lsi | |
| Interfamily Deed Transfer | -- | Ticor Title Orange | |
| Interfamily Deed Transfer | -- | Ticor Title Orange | |
| Interfamily Deed Transfer | -- | Ticor Title Orange | |
| Interfamily Deed Transfer | -- | Chicago Title | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Interfamily Deed Transfer | -- | Chicago Title | |
| Deed | $825,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $7,500,000 | New Conventional | |
| Previous Owner | $7,440,000 | Construction | |
| Previous Owner | $2,570,000 | Unknown | |
| Previous Owner | $1,900,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,900,000 | New Conventional | |
| Previous Owner | $1,900,000 | Unknown | |
| Previous Owner | $1,900,000 | Unknown | |
| Previous Owner | $1,900,000 | Unknown | |
| Previous Owner | $1,600,000 | Negative Amortization | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $1,500,000 | Negative Amortization | |
| Previous Owner | $1,497,000 | Unknown | |
| Previous Owner | $1,500,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $300,000 | Credit Line Revolving | |
| Previous Owner | $828,000 | No Value Available | |
| Previous Owner | $60,000 | Credit Line Revolving | |
| Previous Owner | $800,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/26/2023 04/26/23 | Sold | $22,500,000 | -8.2% | $2,968 / Sq Ft |
| 03/29/2023 03/29/23 | Price Changed | $24,500,000 | +8.9% | $3,232 / Sq Ft |
| 03/29/2023 03/29/23 | Price Changed | $22,500,000 | -8.2% | $2,968 / Sq Ft |
| 03/27/2023 03/27/23 | Pending | -- | -- | -- |
| 03/24/2023 03/24/23 | Price Changed | $24,500,000 | -10.9% | $3,232 / Sq Ft |
| 11/20/2022 11/20/22 | For Sale | $27,500,000 | +488.2% | $3,627 / Sq Ft |
| 03/04/2016 03/04/16 | Sold | $4,675,000 | 0.0% | $3,440 / Sq Ft |
| 02/04/2016 02/04/16 | Pending | -- | -- | -- |
| 11/16/2015 11/16/15 | For Sale | $4,675,000 | -- | $3,440 / Sq Ft |
Source: San Diego MLS
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 | $281,970 | $22,950,000 | $20,400,000 | $2,550,000 |
| 2023 | $93,298 | $7,604,721 | $5,177,121 | $2,427,600 |
| 2022 | $90,820 | $6,985,619 | $4,976,088 | $2,009,531 |
| 2021 | $86,199 | $6,985,619 | $4,976,088 | $2,009,531 |
| 2020 | $72,007 | $5,845,065 | $4,925,065 | $920,000 |
| 2019 | $59,603 | $4,828,496 | $4,828,496 | $0 |
| 2018 | $57,259 | $4,863,870 | $4,733,820 | $130,050 |
| 2017 | $55,891 | $4,768,500 | $4,641,000 | $127,500 |
| 2016 | $15,389 | $1,307,815 | $1,109,670 | $198,145 |
| 2015 | $15,168 | $1,288,171 | $1,093,002 | $195,169 |
| 2014 | $14,928 | $1,262,938 | $1,071,592 | $191,346 |
Source: Public Records
Agents Affiliated with this Home
-
Deborah Greenspan
Seller's Agent in 2023
Deborah Greenspan
Pacific Sothebys
(619) 972-5060
6 in this area
53 Total Sales
-
Brett Dickinson
Seller Co-Listing Agent in 2023
Brett Dickinson
Compass
(858) 204-6226
3 in this area
117 Total Sales
-
L
Buyer's Agent in 2023
Lee Kempis
Zip Realty Inc
-
Mina Kazerouni
Buyer's Agent in 2023
Mina Kazerouni
Willis Allen
(858) 337-3511
3 in this area
11 Total Sales
-
Amy Bramy
Seller's Agent in 2016
Amy Bramy
Berkshire Hathaway HomeService
(858) 705-0950
13 Total Sales
-
Janet Christ
Seller Co-Listing Agent in 2016
Janet Christ
Coldwell Banker Realty
(858) 335-7700
16 Total Sales
Map
Source: San Diego MLS
MLS Number: 220028502
APN: 415-062-10
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