NOT LISTED FOR SALE

6389 Castejon Dr Unit 86 La Jolla, CA 92037

Muirlands Neighborhood

Estimated Value: $7,388,000 - $9,131,594

0.49 Acre
$17,246,161 Price per Acre
21,388 Sq Ft Lot

Last Sold September 03, 2019

Last sale price $2,676,500

Est. 216% increase in value since last sale

Current estimated payment $51,092/month

161 Days on Market

Highlights

  • Property is Fully Fenced
  • Bird Rock Elementary School Rated A
  • Gentle Sloping Lot

About This Lot

As of September 2019

PERMIT & SHOVEL READY – FEBRUARY 2019 – This is an incredible opportunity to build a 6,600 + sf. house on a large ½ acre lot in the Muirlands neighborhood of La Jolla. The proposed build is for a 2 story, 6 Bedroom | 6 Bath residence, with two Master Suites, ocean, sunset, and treetop views, pool and patio area, large elevated backyard with grass area and potential for sport court or other amenity and view roof deck. SEE SUPPLEMENTAL REMARKS. This is a great property for any buyer who can’t find a new spec house to buy and wants to dictate/control the finish detail. The property is currently contracted by, award winning builder, Daley Custom Homes Inc. Buyer can contract with own builder if desired. This is one of 3 new $5 -7 million + houses currently in the process of being designed/built on Castejon Dr. This is a short window of opportunity, as once the foundation is poured, the current developer will remove the property from the market till completed. Upon completion the property will be relaunched to the market as complete and with a current speculative Ask Price of $6M+. See attached plans and Info.

Last Agent to Sell the Property

Suzanne Barry

Barry Estates License #01770605 Listed on: 11/22/2018

Last Buyer's Agent

Cesar Mora

VIP Premier Realty Corp License #01948302

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $59,432

Lot Details

  • Property is Fully Fenced
  • Gentle Sloping Lot

Utilities

  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 352-512-03-00

Property Details

Property Type

Land

Est. Annual Taxes

$59,432

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Type: Lots/Land
  • Market Area: Coastal South
  • Neighborhood: Muirlands
  • Cross Street: La Jolla Scenic South
  • Supplement: This is a great property for any buyer who can’t find a new spec house to buy and wants to dictate/control the finish detail. The property is currently contracted by, award winning builder, Daley Custom Homes Inc. Buyer can contract with own builder if desired. This is one of 3 new $5 -7 million + houses currently in the process of being designed/built on Castejon Dr. This is a short window of opportunity, as once the foundation is poured, the current developer will remove the property from the market till completed. Upon completion the property will be relaunched to the market as complete and with a current speculative Ask Price of $6M+. See attached plans and Info.
  • Sale Price List Price: 0.99
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Full

Utilities

  • Water: Meter On Property

Condo/Co-op/Association

  • Community: La Jolla

Lot Info

  • Lot Size: .25 To .5 Ac
  • Topography: Slope Gentle
  • Water District: City Of San Diego
  • Additional Property Use: Ormks
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Assessor Parcel Number: 352-512-03-00
  • Lot Number: 86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2024
Sold by
Sbs Trust Deed Network
Bought by
Tb Trust and Bernstein
Current Estimated Value
$8,467,865

Purchase Details

Closed on
May 2, 2019
Sold by
6389 Castejon Llc
Bought by
Bula Developments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,732,000
Interest Rate
3.8%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 24, 2018
Sold by
Mcneil John A and Gonzalez Mcneil Lydia M
Bought by
6389 Castejon Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 16, 2002
Sold by
Bechta John D
Bought by
Mcneil John A and Gonzalez Mcneil Lydia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,642,500
Interest Rate
6.28%

Purchase Details

Closed on
Feb 12, 1999
Sold by
Burt Grossman
Bought by
Bechta John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.5%

Purchase Details

Closed on
Sep 1, 1998
Sold by
Deprise Grossman
Bought by
Grossman Burt

Purchase Details

Closed on
Feb 2, 1994
Sold by
Grossman Burt
Bought by
Grossman Burt and Grossman Deprise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,750
Interest Rate
4.75%

Purchase Details

Closed on
May 22, 1986
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
Tb Trust $972,836 None Listed On Document
Bula Developments Inc $1,760,000 Chicago Title Company
6389 Castejon Llc $1,760,000 Chicago Title Company
Mcneil John A $1,315,000 Chicago Title Co
Bechta John D $750,000 Commonwealth Land Title Co
Grossman Burt -- --
Grossman Burt -- South Coast Title Co
-- $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bula Developments Inc $750,000
Previous Owner Bula Developments Inc $850,000
Previous Owner Bula Development Inc $4,875,000
Previous Owner Bula Developments Inc $985,000
Previous Owner Bula Developments Inc $3,732,000
Previous Owner 6389 Castejon Llc $175,000
Previous Owner 6389 Castejon Llc $1,350,000
Previous Owner Mcneil John A $1,250,000
Previous Owner Mcneil John A $870,000
Previous Owner Mcneil John A $500,000
Previous Owner Mcneil John A $1,642,500
Previous Owner Bechta John D $80,000
Previous Owner Bechta John D $600,000
Previous Owner Grossman Burt $588,750
Closed Mcneil John A $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2019 09/03/19 Sold $2,676,500 -0.7% --
05/03/2019 05/03/19 Pending -- -- --
02/07/2019 02/07/19 Price Changed $2,695,000 -3.6% --
12/28/2018 12/28/18 Price Changed $2,795,000 -6.7% --
11/22/2018 11/22/18 For Sale $2,995,000 -- --
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
2025 $59,432 $10,000,000 $6,850,000 $3,150,000
2024 $59,432 $4,836,722 $1,715,522 $3,121,200
2023 $58,126 $3,267,640 $1,648,907 $1,618,733
2022 $39,779 $2,553,233 $1,616,576 $936,657
2021 $31,494 $2,553,233 $1,616,576 $936,657
2020 $21,678 $1,760,000 $1,600,000 $160,000
2019 $21,716 $1,760,000 $1,600,000 $160,000
2018 $19,611 $1,673,845 $1,336,537 $337,308
2017 $80 $1,641,026 $1,310,331 $330,695
2016 $18,840 $1,608,850 $1,284,639 $324,211
2015 $18,561 $1,584,685 $1,265,343 $319,342
2014 $18,265 $1,553,644 $1,240,557 $313,087
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Suzanne Barry

    Barry Estates

    (858) 756-4024

    4 in this area

    10 Total Sales

    Suzanne Barry
    Section Image
  • Cesar Mora

    Buyer's Agent in 2019

    Cesar Mora

    VIP Premier Realty Corp

    (858) 539-6232

    3 Total Sales

    Cesar Mora
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 180064479

San Diego MLS

APN: 352-512-03

California San Diego County La Jolla 92037 Muirlands

6389 Castejon Dr Unit 86, La Jolla, CA

This home is located at 6389 Castejon Dr Unit 86, La Jolla, CA 92037 since 22 November 2018 and is currently estimated at $8,467,865. 6389 Castejon Dr Unit 86 is a home located in San Diego County with nearby schools including Bird Rock Elementary School, Muirlands Middle School, and La Jolla High School.

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