NOT LISTED FOR SALE

Estimated Value: $5,344,000 - $6,802,565

5 Beds
4.5 Baths
4,200 Sq Ft
$1,490/Sq Ft Est. Value

Last Sold September 20, 2013

Last sale price $4,250,000 $1,012 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $39,226/month

51 Days on Market

Highlights

  • Ocean View
  • Living Room with Fireplace
  • Bonus Room
  • La Jolla Elementary School Rated A
  • Wood Flooring
  • Private Yard

About This Home

As of September 2013

A Rare opportunity in Real Estate! This freshly redesigned, remodeled & restored, "one of a kind" single family residence offers amazing ocean views, professionally designed interiors & classic architecture! First time on market in over 30 years, this La Jolla 'gem' is located in a coveted neighborhood on a unique double wide lot, walking distance to the Village of La Jolla. Built in 1920 in the style of an Italian Villa, this historical property has been meticulously restored to it's original elegance! During 2012 & 2013, this classic residence underwent meticulous renovations, with particular attention paid to the building's architectural integrity. The detail work of the original hardwood floors, exquisite door hardware and 'Poured-in-Place' concrete exterior walls, have been carefully maintained. Described as "a house of charm and individuality", the approximately 4,200 square foot residence boasts 5 bedrooms, 4.5 bathrooms, a family/bonus room, formal dining room, office and an over sized 2-car garage. At the heart of the home is a dream gourmet kitchen, with a large center island capable of seating six. Designer details include: Carrera marble counters, high-end appliances, including a professional DCS chef's range with a fabulous custom stainless steel hood. The finest quality custom cabinetry, natural stone floors & counters have been installed throughout the house, while carefully selected finishes and colors create designer perfection. Ideal for intimate entertaining, the stunning south facing courtyard features three seating areas, canopy lights, a European fountain and stone fire pit. This elegant, 'turn-key' La Jolla Showpiece is further enhanced by beautiful lawns & lush gardens, and has been lovingly redesigned and restored by Bill & Dawn Davidson.

Last Agent to Sell the Property

Frank Kattus

Davidson Realty License #00820486 Listed on: 05/13/2013

Last Buyer's Agent

Eric Chodorow

Berkshire Hathaway HomeServices California Properties License #00992609

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,039

Year Built

  • Built in 1920

Lot Details

  • 0.25 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Sprinklers on Timer
  • Private Yard

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Clay Roof

Interior Spaces

  • 4,200 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Ocean Views
  • Security System Owned

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Zoned Heating and Cooling
  • Separate Water Meter
  • Gas Water Heater
  • Prewired Cat-5 Cables
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 350-361-01-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,039

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Coastal South
  • Cross Street: Olivet, Virginia Wy
  • Neighborhood: La Jolla Village
  • Supplement: During 2012 & 2013, this classic residence underwent meticulous renovations, with particular attention paid to the building's architectural integrity. The detail work of the original hardwood floors, exquisite door hardware and 'Poured-in-Place' concrete exterior walls, have been carefully maintained. Described as "a house of charm and individuality", the approximately 4,200 square foot residence boasts 5 bedrooms, 4.5 bathrooms, a family/bonus room, formal dining room, office and an over sized 2-car garage. At the heart of the home is a dream gourmet kitchen, with a large center island capable of seating six. Designer details include: Carrera marble counters, high-end appliances, including a professional DCS chef's range with a fabulous custom stainless steel hood. The finest quality custom cabinetry, natural stone floors & counters have been installed throughout the house, while carefully selected finishes and colors create designer perfection. Ideal for intimate entertaining, the stunning south facing courtyard features three seating areas, canopy lights, a European fountain and stone fire pit. This elegant, 'turn-key' La Jolla Showpiece is further enhanced by beautiful lawns & lush gardens, and has been lovingly redesigned and restored by Bill & Dawn Davidson.
  • Estimated Living Space: 4,000 to 4,999 SqFt
  • LP / Sq Ft: 1130.95
  • Price Per Sq Ft: 1011.9
  • Residential Unit Location: Detached
  • SP/ Sq Ft: 1011.91
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1920
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • School District Old: La Jolla
  • Walk Score Desc: Very Walkable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Sub Flooring: Slab on Grade
  • Equipment Available: Dishwasher, Disposal, Garage Door Opener, Microwave, Range/Oven, Refrigerator
  • Fireplaces: 2
  • Fireplace: Fp In Living Room
  • Searchable Rooms: Bonus Room, Dining Room/Separate, Formal Entry, Office
  • Total Bedrooms: 5
  • Bedrooms: 5
  • Master Bedroom Dimensions: 18x16
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 4200
  • Total Bathrooms: 5

Exterior Features

  • Fencing: Partial
  • Roof: Tile/Clay
  • View: Ocean
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Detached
  • Garage Spaces: 2

Utilities

  • Cooling: Zoned Area(s)
  • Laundry Utilities: Gas
  • Security: Eqpt Owned
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heating: Zoned Areas
  • Heating Fuel: Natural Gas
  • Telecommunications: Cable (coaxial), Computer (cat5), Multiple Phones, Security

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: LA JOLLA

Lot Info

  • Irrigation: Automatic, Sprinklers
  • Lot Size: .25 to .5 AC
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 350-361-01-00
  • Estimated Lot Sq Ft: 10999
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Map Code Column: F
  • Map Code Page: 1227
  • Map Code Row: 6

Tax Info

  • Assessor Parcel Number: 7694Exchange92037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2013
Closed on
Aug 20, 2013
Sold by
Davidson Dawn and Davidson William A
Bought by
Oliver Morgan Dene and Oliver Elizabeth Reed Hamman
Seller's Agent
Frank Kattus
Davidson Realty
Buyer's Agent
Eric Chodorow
Berkshire Hathaway HomeServices California Properties
List Price
$4,750,000
Sold Price
$4,250,000
Premium/Discount to List
-$500,000
-10.53%
Current Estimated Value
$6,189,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,939,204
Avg. Annual Appreciation
3.53%
Original Mortgage
$2,200,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2012
Sold by
Copley Family Limited Partnership
Bought by
Davidson Dawn and Davidson William A

Purchase Details

Closed on
May 10, 1984
Source: Public Records

Range of Values:

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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
Oliver Morgan Dene $4,250,000 First American Title Company
Davidson Dawn $2,050,000 Stewart Title Of California
-- $475,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliver Family Trust $2,000,000
Closed Oliver Morgan Dene $2,000,000
Open Oliver Morgan Dene $3,200,000
Closed Oliver Morgan Dene $3,000,000
Closed Oliver Morgan Dene $2,200,000
Previous Owner Davidson William A $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2013 09/20/13 Sold $4,250,000 -10.5% $1,012 / Sq Ft
07/02/2013 07/02/13 Pending -- -- --
05/12/2013 05/12/13 For Sale $4,750,000 -- $1,131 / 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 $66,039 $5,482,234 $2,574,308 $2,907,926
2024 $66,039 $5,374,740 $2,523,832 $2,850,908
2023 $64,588 $5,269,354 $2,474,346 $2,795,008
2022 $62,870 $5,166,034 $2,425,830 $2,740,204
2021 $62,440 $5,064,740 $2,378,265 $2,686,475
2020 $61,681 $5,012,808 $2,353,879 $2,658,929
2019 $60,579 $4,914,519 $2,307,725 $2,606,794
2018 $56,627 $4,818,157 $2,262,476 $2,555,681
2017 $54,301 $4,639,684 $2,218,114 $2,421,570
2016 $50,337 $4,284,005 $2,174,622 $2,109,383
2015 $49,593 $4,219,657 $2,141,958 $2,077,699
2014 $48,806 $4,137,000 $2,100,000 $2,037,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 130024242

San Diego MLS

APN: 350-361-01