NOT LISTED FOR SALE

Estimated Value: $6,546,000 - $15,586,577

5 Beds
7 Baths
7,100 Sq Ft
$1,559/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $15,000,000 $2,113 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $74,769/month

21 Days on Market

Highlights

  • Ocean Front
  • Wine Room
  • Oceanside
  • Bird Rock Elementary School Rated A
  • Spa
  • 2-minute walk to La Jolla Hermosa Park

About This Home

As of September 2018

Seller will entertain offers between $13,888,000-$14,888,000. Situated on the Oceanfront blufftop of La Jolla, "Casa de la Alegria" (House of Joy) is an astonishing blend of elegance and impeccable craftsmanship. It hosts five bedrooms, five bathrooms and two half bathrooms overall. Expertly designed by acclaimed architect Claude Anthony Marengo and built by PBS Construction, the highest quality materials and finest attention to each detail have been used here to create a sensational home that seamlessly blends indoor and outdoor living. Breathtaking views as far as Mexico. Situated in the famed Bird Rock Area of La Jolla sits this incredible work of modern architecture by Claude Anthony Marengo. This home features 14 foot ceilings and endless dramatic views overlooking the gorgeous Pacific Ocean. This home exemplifies the true California Dream from the breathtaking views, expansive living space and amenities that define living in luxury and relaxation.

Last Agent to Sell the Property

Donna Medrea

Pacific Sotheby's International Realty License #00922764 Listed on: 08/08/2018

Pacific Sotheby's International Realty

Last Buyer's Agent

Jorge Terriquez

License #01251840

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $202,150

Year Built

  • Built in 2013 | Remodeled

Lot Details

  • 0.33 Acre Lot
  • Ocean Front
  • West Facing Home
  • Fenced Yard
  • Electric Fence
  • Stucco Fence
  • Bluff on Lot
  • Landscaped
  • Sprinklers on Timer
  • Front Yard
  • Property is zoned R1

Home Design

  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Stucco

Interior Spaces

  • 7,100 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Track Lighting
  • 2 Fireplaces
  • Wine Room
  • Family Room
  • Living Room with Attached Deck
  • Formal Dining Room
  • Home Office
  • Ocean Views
  • Sump Pump

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Double Convection Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Primary Bedroom on Main
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room
  • Granite Bathroom Countertops
  • Double Vanity
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Parking

  • 2 Car Attached Garage
  • 3 Open Parking Spaces

Outdoor Features

  • Spa
  • Oceanside
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Property is located within a water district
  • Sewer in Street
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 357-220-08-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$202,150

Year Built

Built in 2013 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Disability Access: Customized Wheelchair Accessible
  • Entry Location: Ground Level - no steps
  • Living Area: 7100
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 2013
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Cathedral-Vaulted Ceilings, Detached/No Common Walls, Drywall Walls, Home Automation System, Hot Tub, Living Room Deck Attached, Open Floor Plan, Recessed Lighting, Sump Pump, Track Lighting, Turnkey, Wet Bar
  • Appliances: Convection Oven, Cooktop - Electric, Double Oven, Range Hood
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 5
  • Half Bathroom: 2
  • Bedroom Features: Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom, Master Retreat, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Granite, Powder Room, Remodeled, Shower and Tub, Shower Stall
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Family Kitchen, Formal Dining Rm, Kitchen Island
  • Kitchen Features: Counter Top, Gourmet Kitchen, Island, Open to Family Room, Pantry
  • Laundry: Inside
  • Total Bathrooms: 7.00
  • Equipment: Alarm System, Cable, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1956.06
  • Windows: Skylights

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Features: Custom Built, Energy Efficient, Rain Gutters, Slab, Sprinkler System
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Fence: Electric, Stucco Wall
  • Pool: No
  • Spa: Private
  • Spa Yn: Yes
  • View: Ocean, Water
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Other Spaces: 3
  • Covered Parking: 2
  • Parking Garage: Attached, Garage - 2 Car, Garage Is Attached
  • Total Parking: 5

Utilities

  • TV Svcs: Cable TV
  • Cooling: Air Conditioning, Multi/Zone
  • Heating: Electric, Fireplace, Forced Air, Natural Gas, Zoned
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Prewired for alarm system
  • Sewer: In Street
  • Water: Meter on Property, Water District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission
  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Assessor Parcel Number: 357-220-08-00
  • Geocode Override: No
  • Lot Description: Bluff Front, Fenced Yard, Front Yard, Landscaped, Sidewalks, Single Lot, Street Paved, Utilities Underground, Walk Street
  • Lot Location: Bluff Front, Ocean Front, Ocean Side of Freeway, Water Front
  • Lot Size Area: 14327

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 1

MLS Schools

  • School District: San Diego Unified High School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2018
Closed on
Sep 6, 2018
Sold by
American Coastal Properties Llc
Bought by
Camino Costa Realty Llc
Seller's Agent
Donna Medrea
Pacific Sotheby's International Realty
Buyer's Agent
Jorge Terriquez
List Price
$13,888,000
Sold Price
$15,000,000
Premium/Discount to List
$1,112,000
8.01%
Current Estimated Value
$11,066,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,933,711
Avg. Annual Appreciation
-4.18%

Purchase Details

Closed on
Oct 18, 2013
Sold by
Larson Jeanne Hancock and Hancock John William
Bought by
American Coastal Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000,000
Interest Rate
4.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 30, 2012
Sold by
Hancock James Parrish and Hancock John William
Bought by
Larson Jeanne Hancock and Hancock John William

Purchase Details

Closed on
Apr 8, 2010
Sold by
Hancock James Parrish and Hancock John William
Bought by
Larson Jeanne Hancock and Hancock John William

Purchase Details

Closed on
Nov 30, 2006
Sold by
Waddy Laurie Hancock
Bought by
Hancock James Parrish and Hancock John William

Purchase Details

Closed on
Dec 31, 2004
Sold by
Waddy Laurie Hancock
Bought by
Hancock James Parrish and Hancock John William

Purchase Details

Closed on
Sep 25, 2003
Sold by
Waddy Laurie Hancock
Bought by
Hancock James Parrish and Hancock John William
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
Camino Costa Realty Llc $15,000,000 First American Title Company
American Coastal Properties $7,800,000 First American Title Company
Larson Jeanne Hancock -- None Available
Larson Jeanne Hancock -- None Available
Hancock James Parrish -- None Available
Hancock James Parrish -- --
Hancock James Parrish -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner American Coastal Properties $70,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2018 09/21/18 Sold $15,000,000 +8.0% $2,113 / Sq Ft
08/08/2018 08/08/18 For Sale $13,888,000 +78.1% $1,956 / Sq Ft
01/03/2014 01/03/14 Sold $7,800,000 0.0% $1,723 / Sq Ft View Prior Sale
10/15/2013 10/15/13 Pending -- -- --
08/15/2013 08/15/13 For Sale $7,800,000 -- $1,723 / Sq Ft
Source: The 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 $202,150 $16,787,463 $13,832,435 $2,955,028
2024 $202,150 $16,458,298 $13,561,211 $2,897,087
2023 $197,709 $16,135,587 $13,295,305 $2,840,282
2022 $192,451 $15,819,204 $13,034,613 $2,784,591
2021 $191,134 $15,509,025 $12,779,033 $2,729,992
2020 $188,810 $15,350,000 $12,648,000 $2,702,000
2019 $184,831 $15,000,000 $12,400,000 $2,600,000
2018 $121,743 $10,361,762 $7,864,802 $2,496,960
2017 $80 $10,158,591 $7,710,591 $2,448,000
2016 $116,985 $9,959,403 $7,559,403 $2,400,000
2015 $95,240 $8,105,844 $7,445,854 $659,990
2014 $5,719 $482,461 $269,504 $212,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-373312

The MLS

APN: 357-220-08