NOT LISTED FOR SALE

Estimated Value: $4,337,000 - $5,146,000

3 Beds
2.5 Baths
2,600 Sq Ft
$1,793/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $3,700,000 $1,423 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $29,070/month

5 Days on Market

Highlights

  • Sauna
  • Bluff on Lot
  • Home Office
  • Torrey Pines Elementary School Rated A
  • Bonus Room
  • Formal Entry

About This Home

As of October 2022

Art and Architecture Unite at Spectacular La Jolla Estate Like a flower opening to the sky above, this one-of-a-kind masterpiece unites art and architecture with an equally impressive ocean-view location in La Jolla Heights. Virtually hidden at the end of a quiet cul-de-sac, the irreplaceable residence reveals a minimalist street presence that belies the structural grandeur just beyond its entrance. Inside, towering ceilings, curvilinear douglas fir beams, and undulating walls of glass spread out from a central three-level atrium that welcomes natural light into the home, which reflects the undeniable talents of visionary architect Kendrick Bangs Kellogg. Fittingly named Lotus House, the visually stunning residence fascinates at every turn, with natural wood, cathedral-Like proportions, and phenomenal views dazzling the eye at every turn. An artistic concrete fireplace commands attention, but only briefly, as the Pacific Ocean and the shimmering evening lights of La Jolla Shores beckon from below. Overlooking Pottery Canyon, the .9-acre homesite was carefully selected for its privacy, views, and natural beauty. No other residence is located behind Lotus House, allowing views of sunsets, the shoreline, and coastal bluffs to be enjoyed from virtually every room. Approx. 2,600 s.f. with 3 bedrooms and 2.5 baths.

Last Agent to Sell the Property

Craig Gagliardi

Berkshire Hathaway HomeServices California Properties License #01255991 Listed on: 09/06/2022

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Craig Gagliardi

Berkshire Hathaway HomeServices California Properties License #01255991 Listed on: 09/06/2022

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,381

Year Built

  • Built in 1983

Lot Details

  • 0.91

Interior Spaces

  • 2,600 Sq Ft Home
  • 3-Story Property
  • Formal Entry
  • Dining Area
  • Home Office
  • Bonus Room
  • Storage Room
  • Sauna

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 6 Parking Spaces
  • Driveway

Additional Features

  • Bluff on Lot
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 346-630-12-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,381

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Coastal South
  • Cross Street: Moonridge Drive
  • Neighborhood: La Jolla Heights
  • LP / Sq Ft: 1344.23
  • Price Per Sq Ft: 1423.08
  • SP/ Sq Ft: 1423.08
  • Stories: 3 Story
  • Ownership: Fee Simple
  • Total Stories: 3
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Equipment Available: Dishwasher, Disposal
  • Searchable Rooms: Bonus Room, Dining Area, Formal Entry, Office, Sauna/Steam, Storage Room, Kitchen
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 25x9
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Estimated Sq Ft: 2600
  • Total Bathrooms: 3

Garage/Parking

  • Non Garage Parking: Driveway
  • Garage Spaces: 6
  • Parking Spaces Total: 6

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Forced Air Unit

Condo/Co-op/Association

  • Community: LA JOLLA

Lot Info

  • Lot Size: .5 to 1 AC
  • Topography: Bluff/Canyon Rim
  • Assessor Parcel Number: 346-630-12-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2019
Sold by
Gaskin Scott
Bought by
Gaskin Scott Edwards and The Scott Edwards Gaskin Trust
Current Estimated Value
$4,661,875

Purchase Details

Closed on
Jan 16, 2019
Sold by
Holtzman Steven M and Zhang Qi
Bought by
Gaskin Scott

Purchase Details

Closed on
Jan 11, 2011
Sold by
Holtzman Steven M and Zhang Qi
Bought by
Holtzman Steven M and Zhang Qi

Purchase Details

Closed on
Jun 22, 2007
Sold by
Millen Carol A
Bought by
Holtzman Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,120,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2004
Sold by
Yen Samuel S C
Bought by
Samuel S C Yen Trust

Purchase Details

Closed on
Jul 30, 2003
Sold by
Yen Samuel S C
Bought by
Yen Samuel S C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 1993
Sold by
Yen Samuel S C
Bought by
Yen Samuel S C
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
Gaskin Scott Edwards -- None Available
Gaskin Scott $2,800,000 California Title Company
Holtzman Steven M -- None Available
Holtzman Steven M $2,650,000 Chicago Title Co
Samuel S C Yen Trust -- --
Yen Samuel S C -- Ticor Title Company
Yen Samuel S C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Exeter 22575 Wy Llc $2,590,000
Closed Gaskin Scott Edwards $500,000
Previous Owner Holtzman Steven M $2,120,000
Previous Owner Yen Samuel S $50,000
Previous Owner Yen Samuel S C $650,000
Previous Owner Yen Samuel S C $596,811
Previous Owner Yen Samuel S C $122,305
Previous Owner Yen Samuel S C $250,000
Previous Owner Yen Samuel S C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2022 10/12/22 Sold $3,700,000 +5.9% $1,423 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $3,495,000 -- $1,344 / 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 $46,381 $3,849,480 $3,017,160 $832,320
2024 $46,381 $3,774,000 $2,958,000 $816,000
2023 $45,362 $3,700,000 $2,900,000 $800,000
2022 $35,834 $2,943,298 $2,417,710 $525,588
2021 $35,589 $2,885,587 $2,370,304 $515,283
2020 $35,157 $2,856,000 $2,346,000 $510,000
2019 $38,389 $3,120,361 $2,001,742 $1,118,619
2018 $35,884 $3,059,179 $1,962,493 $1,096,686
2017 $35,030 $2,999,196 $1,924,013 $1,075,183
2016 $34,477 $2,940,389 $1,886,288 $1,054,101
2015 $33,966 $2,896,223 $1,857,955 $1,038,268
2014 $33,426 $2,839,491 $1,821,561 $1,017,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220022911

San Diego MLS

APN: 346-630-12