NOT LISTED FOR SALE

Estimated Value: $3,266,000 - $4,214,000

5 Beds
4.5 Baths
4,982 Sq Ft
$754/Sq Ft Est. Value

Last Sold June 12, 2017

Last sale price $2,770,000 $556 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $23,225/month

14 Days on Market

Highlights

  • Ocean View
  • Solar Heated Pool and Spa
  • 2.5 Acre Lot
  • Hearst Elementary School Rated A
  • Solar Power System
  • Bluff on Lot

About This Home

As of June 2017

Panoramic Views of the city and beyond! This extraordinary Mediterranean Estate is majestically positioned on the hilltop of a 2.5 acre cul-de-sac lot! No one will ever block your views! This custom home features 4 Full Suite Bedrooms, Executive Office, Theatre, Library/Loft area, Lavish Gourmet Kitchen and even a laundry room with full doggy shower. The outdoor areas feature gorgeous pool and cabana areas, bbq, putting greens and orchard. This entire home is environmentally friendly! See Supplement If you are looking for a view home - you have arrived!! Views from every room & location on this property! This stunning home boasts exquisite detail. Travertine flooring. Beautiful black walnut cabinetry in the office. Viking & Subzero appliances in the kitchen. Full bar area with wine cellar adjacent. 1 full bedroom suite downstairs with it's own private patio area. The master suite features an elevated sitting room to gaze over the magnificent views. Master bath spa does not disappoint with it's oversized double spa tub, steam shower, sauna and his and hers separate vanity areas. Grand spaces yet comfortable for every occasion. Fabulous floorplan allows for easy flow. Perfect for family lifestyle, elegant entertaining and casual vacation style relaxation. Ideally located near downtown San Diego. Beaches, Balboa Park, Petco Park, hiking Cowles Mountain or Mission Bay - all an easy 10-15 minute drive. See several 4th of July Fireworks displays from your backyard. This is the home you have been dreaming of!

Last Agent to Sell the Property

Kris Gelbart

Willis Allen Real Estate License #01345809 Listed on: 03/29/2017

Willis Allen Real Estate

Co-Listed By

Faith Wise

eXp Realty of Southern California, Inc. License #01372095

Last Buyer's Agent

Leadya Konja

Realty Executives All Area License #01816029

Realty Executives All Area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,415

Year Built

  • Built in 2004

Lot Details

  • 2.5 Acre Lot
  • Cul-De-Sac
  • Partially Fenced Property
  • Bluff on Lot
  • Property is zoned R-1:SINGLE

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Bay
  • Panoramic
  • City Lights
  • Mountain
  • Valley

Home Design

  • Mediterranean Architecture
  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 4,982 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire Sprinkler System

Eco-Friendly Details

  • Solar Power System
  • Solar Water Heater
  • Heating system powered by passive solar
  • Sprinklers on Timer

Pool

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

Outdoor Features

  • Balcony
  • Slab Porch or Patio
  • Outdoor Fireplace

Utilities

  • Separate Water Meter
  • Water Filtration System
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 463-612-93-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,415

Year Built

Built in 2004

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Mediterranean/Spanish
  • Residential Styles: Detached
  • Market Area: Metro Uptown
  • Cross Street: Madra
  • Neighborhood: DEL CERRO
  • Supplement: If you are looking for a view home - you have arrived!! Views from every room & location on this property! This stunning home boasts exquisite detail. Travertine flooring. Beautiful black walnut cabinetry in the office. Viking & Subzero appliances in the kitchen. Full bar area with wine cellar adjacent. 1 full bedroom suite downstairs with it's own private patio area. The master suite features an elevated sitting room to gaze over the magnificent views. Master bath spa does not disappoint with it's oversized double spa tub, steam shower, sauna and his and hers separate vanity areas. Grand spaces yet comfortable for every occasion. Fabulous floorplan allows for easy flow. Perfect for family lifestyle, elegant entertaining and casual vacation style relaxation. Ideally located near downtown San Diego. Beaches, Balboa Park, Petco Park, hiking Cowles Mountain or Mission Bay - all an easy 10-15 minute drive. See several 4th of July Fireworks displays from your backyard. This is the home you have been dreaming of!
  • LP / Sq Ft: 601.16
  • Price Per Sq Ft: 556.0
  • SP/ Sq Ft: 556.0
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 2004
  • 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

  • Flooring: Carpet, Stone
  • Sub Flooring: Slab on Grade
  • Equipment Available: Dishwasher, Disposal, Dryer, Fire Sprinklers, Garage Door Opener, Microwave, Pool/Spa/Equipment, Range/Oven, Refrigerator, Satellite Dish, Solar Panels, Vacuum/Central, Washer, Water Filtration
  • Fireplaces: 4
  • Fireplace: Fp In Family Room, Fp In Living Room, Fp In Master Br, Patio/Outdoors
  • Walls: Drywall
  • Total Bedrooms: 5
  • Bedrooms: 4
  • Master Bedroom Dimensions: 24x20
  • Optional Bedrooms: 1
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 4982
  • Total Bathrooms: 5

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Patio: Balcony, Slab
  • Pool: Below Ground, Private
  • Pool Heat: Solar
  • Roof: Tile/Clay
  • Spa: Private w/Pool
  • Spa Heat: Solar
  • View: Bay, City, Evening Lights, Mountains/Hills, Ocean, Panoramic, Valley/Canyon

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 4
  • Non Garage Parking: Driveway
  • Garage Spaces: 6
  • Parking Spaces Total: 10

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric, Gas
  • Security: Eqpt Owned
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Electric, Solar
  • Heating: Forced Air Unit, Passive Solar
  • Heating Fuel: Natural Gas, Solar

Condo/Co-op/Association

  • Community: DEL CERRO

Lot Info

  • Irrigation: Automatic, Drip, Sprinklers
  • Lot Size: 2+ to 4 AC
  • Site: Cul-De-Sac
  • Topography: Bluff/Canyon Rim
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 463-612-93-00
  • Estimated Lot Sq Ft: 108900
  • Estimated Number of Acres: 2.5
  • Map Code Column: D
  • Map Code Page: 1250
  • Map Code Row: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2017
Closed on
Apr 21, 2017
Sold by
Gelbart Jay E and Gelbart Alisa B
Bought by
Kassab Riyadh and Kassab Heather
Seller's Agent
Kris Gelbart
Willis Allen Real Estate
Buyer's Agent
Leadya Konja
Realty Executives All Area
List Price
$2,995,000
Sold Price
$2,770,000
Premium/Discount to List
-$225,000
-7.51%
Total Days on Market
14
Current Estimated Value
$3,757,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$987,360
Avg. Annual Appreciation
3.72%

Purchase Details

Closed on
Mar 3, 2015
Sold by
Gelbart Jay E and Gelbart Alisa B
Bought by
Gelbart Family Trust

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
1.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 8, 2005
Sold by
Gelbart Jay E and Gelbart Alisa B
Bought by
Gelbart Family Trust

Purchase Details

Closed on
Apr 8, 2004
Sold by
Martin Scott J and Martin Sarah S
Bought by
Gelbart Jay E and Gelbart Alisa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 1998
Sold by
Martin Scott J and Martin Sarah S
Bought by
Martin Scott J and Martin Sarah S
Source: Public Records

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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
Kassab Riyadh $2,770,000 Lawyers Title Company
Gelbart Family Trust -- Chicago Title Company
Gelbart Family Trust -- --
Gelbart Jay E $2,600,000 Fidelity National Title
Martin Scott J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kassab Riyadh $1,840,000
Closed Kassab Riyadh $1,840,000
Previous Owner Gelbart Family Trust $1,000,000
Previous Owner Gelbart Jay E $1,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2017 06/12/17 Sold $2,770,000 -7.5% $556 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $2,995,000 -- $601 / 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 $39,415 $3,151,784 $1,706,743 $1,445,041
2023 $38,681 $3,089,985 $1,673,278 $1,416,707
2022 $37,659 $3,029,398 $1,640,469 $1,388,929
2021 $37,392 $2,969,999 $1,608,303 $1,361,696
2020 $36,948 $2,939,546 $1,591,812 $1,347,734
2019 $36,288 $2,881,908 $1,560,600 $1,321,308
2018 $33,917 $2,825,400 $1,530,000 $1,295,400
2017 $31,003 $2,600,000 $1,180,000 $1,420,000
2016 $20,341 $1,700,000 $772,000 $928,000
2015 $19,399 $1,621,000 $737,000 $884,000
2014 $19,416 $1,621,000 $737,000 $884,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 170015319

San Diego MLS

APN: 463-612-93