NOT LISTED FOR SALE

Estimated Value: $7,837,000 - $11,132,899

5 Beds
8 Baths
5,516 Sq Ft
$1,677/Sq Ft Est. Value

Last Sold August 04, 2021

Last sale price $7,500,000 $1,360 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $59,226/month

64 Days on Market

Highlights

  • Ocean View
  • Pool and Spa
  • Main Floor Bedroom
  • Bird Rock Elementary School Rated A
  • Fireplace in Bathroom
  • 5-minute walk to Vista Point

About This Home

As of August 2021

Prepare to be captivated by panoramic whitewater ocean and sunset views from this Coastal European Estate, prominently positioned above La Jolla’s coveted “Street of Dreams” in a beach-close Lower Hermosa locale. Drive through your private gate into the 3-car garage and take the elevator up to the entry level where you will find 4 secondary bedroom suites, a large family room with wet bar, and direct access to the generous ocean-facing patio with a pool, elevated spa & fire pit area perfect for lounging and enjoying San Diego’s year-round temperate climate (continued in supplement). An ascent to the top level by way of a beautiful, winding staircase leads to light-filled living and dining areas with mesmerizing panoramas of the Pacific Ocean, a fully-equipped kitchen with a breakfast nook, a sitting room plus a spacious view deck, all blending into expansive family entertaining areas. Also found on this floor is a handsome office with custom built-ins, wine storage, as well as the master bedroom suite boasting dual walk-in closets, a tranquil view balcony, and luxurious stone bath. The lowest level offers a complete home gym with its own powder room, an abundance of storage space, and an oversized 3-car garage with a Tesla charger. Fully walled, gated and surrounded by privacy-providing tropical landscaping, the home’s serene seaside setting will make every day feel like a vacation.

Last Agent to Sell the Property

Maxine Gellens

Berkshire Hathaway HomeServices California Properties License #00591299 Listed on: 04/08/2021

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Marti Gellens-stubbs

Berkshire Hathaway HomeServices California Properties License #00882546

Last Buyer's Agent

Joe Ellis

Joseph Ellis , Broker License #01757374

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $95,773

Year Built

  • Built in 1993

Lot Details

  • 0.26 Acre Lot
  • Gated Home
  • Property is Fully Fenced
  • Electric Fence
  • Steep Slope
  • Private Yard

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Panoramic

Home Design

  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 5,516 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Ceiling Fan
  • Recessed Lighting
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Area
  • Home Office
  • Storage Room
  • Laundry Room
  • Home Gym
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • <<doubleOvenToken>>
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • <<microwave>>
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Fireplace in Bathroom
  • <<tubWithShowerToken>>
  • Shower Only

Pool

  • Pool and Spa
  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Balcony
  • Covered patio or porch

Location

  • West of 5 Freeway

Utilities

  • Zoned Cooling
  • Separate Water Meter
  • Water Filtration System

Listing and Financial Details

  • Assessor Parcel Number 357-012-16-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$95,773

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Coastal South
  • Cross Street: Via Del Norte
  • Neighborhood: Lower Hermosa
  • Supplement: An ascent to the top level by way of a beautiful, winding staircase leads to light-filled living and dining areas with mesmerizing panoramas of the Pacific Ocean, a fully-equipped kitchen with a breakfast nook, a sitting room plus a spacious view deck, all blending into expansive family entertaining areas. Also found on this floor is a handsome office with custom built-ins, wine storage, as well as the master bedroom suite boasting dual walk-in closets, a tranquil view balcony, and luxurious stone bath. The lowest level offers a complete home gym with its own powder room, an abundance of storage space, and an oversized 3-car garage with a Tesla charger. Fully walled, gated and surrounded by privacy-providing tropical landscaping, the home’s serene seaside setting will make every day feel like a vacation.
  • Estimated Living Space: 5,000 to 7,499 SqFt
  • LP / Sq Ft: 1414.07
  • Miscellaneous: Elevators/Stairclimber
  • Price Per Sq Ft: 1359.68
  • Residential Unit Location: Detached
  • SP/ Sq Ft: 1359.68
  • Stories: 3 Story
  • Ownership: Fee Simple
  • Total Stories: 3
  • Year Built: 1993
  • 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

  • Interior Amenities: Balcony, Bathtub, Ceiling Fan, Kitchen Island, Living Room Deck Attached, Recessed Lighting, Shower, Shower In Tub, Storage Space, Wet Bar
  • Equipment Available: Dishwasher, Garage Door Opener, Microwave, Pool/Spa/Equipment, Range/Oven, Refrigerator, Water Filtration, 6 Burner Stove, Double Oven, Range/Stove Hood, Warmer Oven Drawer, Gas Cooking
  • Elevator: Yes
  • Fireplaces: 3
  • Fireplace: Fp In Family Room, Fp In Living Room, Bath
  • Searchable Rooms: Bedroom Entry Level, Breakfast Area, Dining Area, Exercise Room, Family Room, Office, Storage Room, Walk-In Closet
  • Total Bedrooms: 5
  • Bedrooms: 5
  • Master Bedroom Dimensions: 18x15
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 5516
  • Total Bathrooms: 8

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full, Gate, Electric
  • Patio: Balcony, Covered, Patio Open
  • Pool: Below Ground
  • Roof: Tile/Clay
  • Spa: Private w/Pool
  • View: Ocean, Panoramic
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 3
  • Non Garage Parking: Driveway
  • Garage Spaces: 3
  • Parking Spaces Total: 6

Utilities

  • Cooling: Central Forced Air, Zoned Area(s)
  • Laundry Utilities: Electric
  • Security: Eqpt Owned
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: LA JOLLA

Lot Info

  • Lot Size: .25 to .5 AC
  • Site: West of I-5
  • Topography: Slope Gentle, Slope Steep
  • Assessor Parcel Number: 357-012-16-00
  • Estimated Lot Sq Ft: 11170
  • Estimated Number of Acres: 0.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Aug 2, 2021
Sold by
Nagala Rup and Nagala Vani
Bought by
Hernandez Jose and Jose Hernandez Trust
Seller's Agent
Maxine Gellens
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Joe Ellis
Joseph Ellis , Broker
List Price
$7,800,000
Sold Price
$7,500,000
Premium/Discount to List
-$300,000
-3.85%
Current Estimated Value
$9,251,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,751,975
Avg. Annual Appreciation
6.42%
Original Mortgage
$5,000,000
Outstanding Balance
$4,601,450
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$4,995,811

Purchase Details

Closed on
Apr 29, 2019
Sold by
Nagala Family Limited Partnership Lllp
Bought by
Nagala Rup and Nagala Vani

Purchase Details

Closed on
Mar 11, 2008
Sold by
Nagala Rup and Nagala Vani
Bought by
Nagala Family Lp Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 19, 2007
Sold by
Nagala Rup and Nagala Vani
Bought by
Nagala Family Lp

Purchase Details

Closed on
Mar 7, 2005
Sold by
Jabbar Masood and Jabbar Laurie Reider
Bought by
Nagala Rup and Nagala Vani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.6%
Mortgage Type
Unknown

Purchase Details

Closed on
May 30, 2002
Sold by
Jabbar Laurie Reider
Bought by
Jabbar Masood and Jabbar Laurie Reider

Purchase Details

Closed on
Aug 17, 2000
Sold by
Rosen Michael S and Rosen Marilyn S
Bought by
Jabbar Masood A

Purchase Details

Closed on
Dec 10, 1993
Sold by
6209 Partners
Bought by
Kelly Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.09%

Purchase Details

Closed on
Dec 12, 1989
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
Hernandez Jose $7,500,000 California Title Company
Nagala Rup -- Accommodation
Nagala Family Lp Llp -- Accommodation
Nagala Rup -- Chicago Title Company
Nagala Family Lp -- Accommodation
Nagala Rup -- Chicago Title Co
Jabbar Masood -- --
Jabbar Laurie Reider -- --
Jabbar Masood A -- First American Title
Kelly Michael R -- Commonwealth Land Title Co
-- $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Jose $5,000,000
Previous Owner Nagala Rup K $5,000,000
Previous Owner Nagala Rup $2,500,000
Previous Owner Nagala Rup $3,000,000
Previous Owner Nagala Rup $3,000,000
Previous Owner Jabbar Masood $1,000,000
Previous Owner Kelly Michael R $1,000,000
Closed Kelly Michael R $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2021 08/04/21 Sold $7,500,000 0.0% $1,360 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
05/03/2021 05/03/21 Off Market $7,500,000 -- --
04/12/2021 04/12/21 For Sale $7,800,000 0.0% $1,414 / Sq Ft
06/15/2018 06/15/18 Rented $15,000 -21.1% --
04/23/2018 04/23/18 For Rent $19,000 0.0% --
04/23/2018 04/23/18 Off Market $19,000 -- --
04/18/2018 04/18/18 For Rent $19,000 +58.3% --
10/03/2012 10/03/12 Rented $12,000 -20.0% --
09/03/2012 09/03/12 Under Contract -- -- --
01/01/2011 01/01/11 For Rent $15,000 -- --
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 $95,773 $7,803,000 $6,018,714 $1,784,286
2023 $93,753 $7,650,000 $5,900,700 $1,749,300
2022 $91,260 $7,500,000 $5,785,000 $1,715,000
2021 $72,732 $5,900,000 $3,951,000 $1,949,000
2020 $80,586 $6,550,000 $4,387,000 $2,163,000
2019 $83,192 $6,750,000 $4,521,000 $2,229,000
2018 $71,684 $6,100,000 $4,086,000 $2,014,000
2017 $67,288 $5,750,000 $3,852,000 $1,898,000
2016 $67,553 $5,750,000 $3,852,000 $1,898,000
2015 $62,283 $5,300,000 $3,551,000 $1,749,000
2014 $62,518 $5,300,000 $3,551,000 $1,749,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210009061

San Diego MLS

APN: 357-012-16