NOT LISTED FOR SALE

Estimated Value: $6,418,000 - $13,737,423

4 Beds
3.5 Baths
3,325 Sq Ft
$2,808/Sq Ft Est. Value

Last Sold September 20, 2016

Last sale price $3,995,000 $1,202 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $58,221/month

107 Days on Market

Highlights

  • In Ground Pool
  • Retreat
  • Formal Dining Room
  • Bird Rock Elementary School Rated A
  • Breakfast Area or Nook
  • 2-minute walk to Vista Point

About This Home

As of September 2016

Stunning 1935 Spanish Colonial sitting in the heart of coveted Lower Hermosa. Lovingly remodeled, this property has been updated to embrace today's lifestyle yet stays grounded in the stunning architectural aesthetic. The original front door welcomes you into the property where you are received via the formal entry to the original living room with coved ceilings and Batchelder tiled fireplace. The main residence offers 3BR/2.5BA and a detached 1BR/1BA apartment is an ideal space for... (see supplement) house guests or exceptionally private home office. The light-filled home opens beautifully to the central courtyard which opens to the new pool and spa. Additionally, an expansive guest apartment is situated over the two car garage. Ocean views are taken in from the main level, master bedroom and the detached guest suite. The kitchen features custom cabinetry, carerra marble counters and backsplash, built-in Miele appliances and a CornuFe gas range/ stove. The kitchen opens beautifully to the family room and just beyond are two downstairs bedrooms. The Master Retreat occupies the entirety of the second floor of the main residence and offers a spa-like bath with soaking tub, carerra marble & mosaic floors, and ample closet space. Custom light fixtures were designed by the Steven Handleman Studio in Santa Barbara, outdoor fixtures from Bevolo in New Orleans. Remodel was designed by the locally respected Bokal and Sneed and executed by Hill Construction. Truly, a one-of-a-kind property just a stones throw from the ocean and walking distance to all Bird Rock has to offer.

Last Agent to Sell the Property

Kristin Slaughter

Berkshire Hathaway HomeServices California Properties License #01239669 Listed on: 04/07/2016

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Megan Luce

Pacific Sotheby's Int'l Realty License #01299167

Last Buyer's Agent

Ron Fletcher

Fletcher Team, Inc License #01268956

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $78,170

Year Built

  • Built in 1935

Lot Details

  • 9,457 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 3,325 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat

Pool

  • In Ground Pool
  • Pool Equipment or Cover

Utilities

  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 357-161-08-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$78,170

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Coastal South
  • Cross Street: La Canada
  • Neighborhood: Lower Hermosa
  • Supplement: house guests or exceptionally private home office. The light-filled home opens beautifully to the central courtyard which opens to the new pool and spa. Additionally, an expansive guest apartment is situated over the two car garage. Ocean views are taken in from the main level, master bedroom and the detached guest suite. The kitchen features custom cabinetry, carerra marble counters and backsplash, built-in Miele appliances and a CornuFe gas range/ stove. The kitchen opens beautifully to the family room and just beyond are two downstairs bedrooms. The Master Retreat occupies the entirety of the second floor of the main residence and offers a spa-like bath with soaking tub, carerra marble & mosaic floors, and ample closet space. Custom light fixtures were designed by the Steven Handleman Studio in Santa Barbara, outdoor fixtures from Bevolo in New Orleans. Remodel was designed by the locally respected Bokal and Sneed and executed by Hill Construction. Truly, a one-of-a-kind property just a stones throw from the ocean and walking distance to all Bird Rock has to offer.
  • LP / Sq Ft: 1291.73
  • Price Per Sq Ft: 1201.5
  • SP/ Sq Ft: 1201.5
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1935
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal, Garage Door Opener, Pool/Spa/Equipment, Range/Oven, Refrigerator
  • Searchable Rooms: Breakfast Area, Dining Room/Separate, Family Room, Master Retreat
  • Total Bedrooms: 4
  • Bedrooms: 4
  • Master Bedroom Dimensions: 17x13
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 3325
  • Total Bathrooms: 4

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Pool: Below Ground, Private
  • Roof: Tile/Clay

Garage/Parking

  • Garage Details: Detached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Garage Spaces: 2
  • Parking Spaces Total: 4

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Community: LA JOLLA

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Topography: Level
  • Assessor Parcel Number: 357-161-08-00
  • Estimated Lot Sq Ft: 9457
  • Estimated Number of Acres: 0.2171

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2021
Sold by
Megdal Robert J and Megdal Sherry
Bought by
Megdal Robert J and Megdal Sherry S
Current Estimated Value
$9,335,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,297,000
Outstanding Balance
$2,078,052
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$6,005,775

Purchase Details

Closed on
Jul 21, 2016
Sold by
Gusberg Richard J and Evans Leigh V
Bought by
Megdal Robert J and Megdal Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,495,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2009
Sold by
Lyon Mark D
Bought by
Gusberg Richard J and Evans Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2006
Sold by
Kenyon Duffie I
Bought by
Kenyon Donna G

Purchase Details

Closed on
Aug 6, 1996
Sold by
Rodney Luscomb
Bought by
Kenyon Lowell C and Kenyon Duffie I
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Megdal Robert J -- First American Title Sd
Megdal Robert J $3,995,000 Chicago Title Company
Gusberg Richard J $1,900,000 Lawyers Title
Kenyon Donna G -- None Available
Kenyon Duffie I -- None Available
Kenyon Lowell C $640,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Megdal Robert J $2,297,000
Closed Megdal Robert J $2,325,000
Previous Owner Megdal Robert J $2,495,000
Previous Owner Gusberg Richard J $1,100,000
Previous Owner Gusberg Richard J $1,330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2016 09/20/16 Sold $3,995,000 -7.0% $1,202 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
05/23/2016 05/23/16 Price Changed $4,295,000 -2.3% $1,292 / Sq Ft
04/06/2016 04/06/16 For Sale $4,395,000 -- $1,322 / 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
2024 $78,170 $6,362,556 $3,868,617 $2,493,939
2023 $76,452 $6,237,801 $3,792,762 $2,445,039
2022 $74,419 $6,115,493 $3,718,395 $2,397,098
2021 $73,910 $5,995,583 $3,645,486 $2,350,097
2020 $59,316 $4,820,487 $3,608,107 $1,212,380
2019 $51,239 $4,156,398 $3,537,360 $619,038
2018 $47,897 $4,074,900 $3,468,000 $606,900
2017 $46,760 $3,995,000 $3,400,000 $595,000
2016 $27,117 $2,306,626 $1,690,135 $616,491
2015 $26,716 $2,271,979 $1,664,748 $607,231
2014 $26,293 $2,227,475 $1,632,138 $595,337
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 160018318

San Diego MLS

APN: 357-161-08