NOT LISTED FOR SALE

7109 Fay Ave La Jolla, CA 92037

Estimated Value: $2,880,000 - $3,090,596

3 Beds
3.5 Baths
3,116 Sq Ft
$420/mo HOA Fee

Last Sold December 08, 2023

Last sale price $2,500,000 $802 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $18,681/month

137 Days on Market

Highlights

  • Ocean View
  • Fireplace in Primary Bedroom
  • End Unit
  • La Jolla Elementary School Rated A
  • Contemporary Architecture
  • 2 Car Attached Garage

About This Home

As of December 2023

Savor vast ocean and sunset views and relaxing ocean breezes from several private outdoor patios offered at this distinctive seaside Village residence. A wonderful opportunity to own one of the few units in the community with a private interior elevator, and step free entrance to the home. Striking architectural details include a beautiful curvilinear staircase, high ceilings, 2 fireplaces, and an abundance of windows. Enjoy a flowing open floorplan, spacious living spaces, and 3 Ensuite bedrooms. The generously sized kitchen features premium stainless steel appliances and an elongated granite top breakfast bar. Special upgrades highlight a custom built in dining room buffet with a granite top, a sleek custom built in office desk with upper and lower cabinets, central vacuum on each floor, and a private attached 2-car garage with an epoxy floor finish. Village Point is a nicely maintained community located in the heart of La Jolla's Village, close to beaches, fine shopping and restaurants, with low monthly fees.

Last Agent to Sell the Property

Lisa Henderson

Berkshire Hathaway HomeServices California Properties License #01388238 Listed on: 07/06/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Susanne Rossler

Keller Williams Realty License #01510564

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,733

Year Built

  • Built in 2003

Lot Details

  • End Unit
  • Partially Fenced Property

HOA Fees

  • $420 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Ocean
  • City Lights

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 3,116 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Separate Water Meter

Community Details

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance
  • 2 Units
  • Rei Properties Association, Phone Number (858) 456-7347
  • Village Point Condominiums Community

Listing and Financial Details

  • Assessor Parcel Number 351-174-21-08

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,733

Year Built

Built in 2003

Lot Details

0

HOA Fees

$420 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Architectural Style: Contemporary
  • Residential Styles: All Other Attached
  • Market Area: Coastal South
  • Cross Street: W Muirlands Drive
  • Neighborhood: La Jolla Village
  • Supplement: features premium stainless steel appliances and an elongated granite top breakfast bar. Special upgrades highlight a custom built in dining room buffet with a granite top, a sleek custom built in office desk with upper and lower cabinets, central vacuum on each floor, and a private attached 2-car garage with an epoxy floor finish. Village Point is a nicely maintained community located in the heart of La Jolla's Village, close to beaches, fine shopping and restaurants, with low monthly fees.
  • LP / Sq Ft: 832.8
  • Price Per Sq Ft: 802.31
  • Residential Unit Location: No Unit Above or Below, End Unit
  • SP/ Sq Ft: 802.31
  • Stories: 3 Story
  • Stories In Building: 3
  • Ownership: Condominium
  • Total Stories: 3
  • Year Built: 2003
  • A D U Yes No: No
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Stone
  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range/Oven, Refrigerator, Vacuum/Central, Washer, Gas Oven, Range/Stove Hood, Gas Range, Gas Cooking
  • Elevator: Yes
  • Fireplaces: 2
  • Fireplace: Fp In Living Room, Fp In Master Br
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 17X16
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 3116
  • Total Bathrooms: 4

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Tile/Clay
  • View: City, Ocean, Water, City Lights

Garage/Parking

  • Garage Details: Attached, Garage Door Opener
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric, Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Fireplace, Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: Village Point Condominiums
  • Total Fees: 5040.0
  • Units In Building: 2
  • Total Number of Units: 18
  • Property Management Company: REI Properties
  • Property Management Phone: 858-456-7347
  • Community: LA JOLLA
  • Home Owner Association: REI Properties
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 420.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-456-7347

Association/Amenities

  • Entry Level Unit: 1

Fee Information

  • Total Monthly Fees: 420

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 351-174-21-08
  • Map Code Column: F
  • Map Code Page: 1247
  • Map Code Row: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Nov 28, 2023
Sold by
Metzger Flippen Trust
Bought by
Simoes Revocable Trust and Simoes
Seller's Agent
Lisa Henderson
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Susanne Rossler
Keller Williams Realty
List Price
$2,695,000
Sold Price
$2,500,000
Premium/Discount to List
-$195,000
-7.24%
Views
205
Current Estimated Value
$2,972,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,899
Avg. Annual Appreciation
9.55%

Purchase Details

Listed on
Nov 3, 2014
Closed on
Feb 24, 2015
Sold by
Limber Laura M
Bought by
Metzger Flippen Trust
Seller's Agent
Robert Sayler
Berkshire Hathaway HomeService
Buyer's Agent
Lisa Henderson
Berkshire Hathaway HomeServices California Properties
List Price
$1,475,000
Sold Price
$1,475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$850,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 31, 2008
Sold by
Limber Laura M
Bought by
Limber Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,085,845
Interest Rate
4.12%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 8, 2006
Sold by
Limber Laura M
Bought by
Limber Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.76%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 2, 2005
Sold by
Holmes Douglas A
Bought by
Limber Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
5.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 22, 2003
Sold by
Holmes Douglas A and Holmes Patricia M
Bought by
Holmes Douglas A

Purchase Details

Closed on
Jan 31, 2003
Sold by
Holmes Real Estate Corp
Bought by
Holmes Douglas A and Holmes Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2001
Sold by
La Jolla Village Development Group Llc
Bought by
Holmes Real Estate Corp
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
Simoes Revocable Trust $2,500,000 California Title Company
Metzger Flippen Trust $1,475,000 First American Title
Limber Laura M -- None Available
Limber Laura M -- Commonwealth Land Title Co
Limber Laura M $1,450,000 Chicago Title Co
Holmes Douglas A -- Chicago Title Co
Holmes Douglas A $760,500 Chicago Title Co
Holmes Real Estate Corp $760,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Metzger Flippen Trust $850,000
Previous Owner Limber Laura M $1,085,845
Previous Owner Limber Laura M $1,100,000
Previous Owner Limber Laura M $87,500
Previous Owner Limber Laura M $1,000,000
Previous Owner Holmes Douglas A $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $2,500,000 -3.7% $802 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
08/30/2023 08/30/23 Price Changed $2,595,000 -3.7% $833 / Sq Ft
07/06/2023 07/06/23 For Sale $2,695,000 +82.7% $865 / Sq Ft
04/17/2015 04/17/15 Sold $1,475,000 0.0% $473 / Sq Ft
02/17/2015 02/17/15 Pending -- -- --
11/03/2014 11/03/14 For Sale $1,475,000 -- $473 / 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
2025 $30,733 $2,550,000 $1,734,000 $816,000
2024 $30,733 $2,500,000 $1,700,000 $800,000
2023 $20,905 $1,703,885 $981,900 $721,985
2022 $20,349 $1,670,477 $962,648 $707,829
2021 $20,210 $1,637,723 $943,773 $693,950
2020 $19,965 $1,620,931 $934,096 $686,835
2019 $19,609 $1,589,149 $915,781 $673,368
2018 $18,330 $1,557,990 $897,825 $660,165
2017 $17,895 $1,527,442 $880,221 $647,221
2016 $17,613 $1,497,493 $862,962 $634,531
2015 $17,271 $1,475,000 $890,000 $585,000
2014 $16,452 $1,400,000 $845,000 $555,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230012948

San Diego MLS

APN: 351-174-21-08