NOT LISTED FOR SALE

7933 Prospect Place Unit 2 La Jolla, CA 92037

The Village Neighborhood

Estimated Value: $3,341,000 - $6,098,000

3 Beds
2 Baths
2,295 Sq Ft
$1,300/mo HOA Fee

Last Sold September 23, 2020

Last sale price $4,297,500 $1,873 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $29,259/month

4 Days on Market

Highlights

  • Ocean Front
  • Heated Lap Pool
  • Bluff on Lot
  • La Jolla Elementary School Rated A
  • 23,989 Sq Ft lot
  • Contemporary Architecture

About This Home

As of September 2020

Live on top of La Jolla Cove with amazing ocean views up the entire coastline along with night time lights in serene, iconic, Russell Forrester designed 4 unit, gated complex. This single level, turn key, offering was completely renovated by La Jolla's Island Architects in 2015. Ocean view master suite, gourmet kitchen with central island, large ocean view balcony. Fully finished, 2-car detached garage, complex has BBQ, lap pool and spa. Enjoy all The Village of La Jolla amenities, a short walk away. BTVSFB4OE. Complex is exploring City of San Diego Historic Designation and applying for the Mills Act, as building was designed and built in 1975 by renowned mid-century modernist architect Russell Forrester. H.O.A. completed extensive renovation of the common area in 2017-2018, including new lap pool, spa, BBQ area, walkways and driveway. This is a rare offering with the ability to walk into The Village and live on top on La Jolla Cove with amazing ocean views up the North Shore of La Jolla's coastline in a private, gated, small condominium complex.

Last Agent to Sell the Property

Edward Mracek

Pacific Sotheby's Int'l Realty License #01021186 Listed on: 08/28/2020

Pacific Sotheby's Int'l Realty

Co-Listed By

Karen Rockwell

Karen Rockwell Realty License #00547590

Last Buyer's Agent

Shannon Hagan

Coldwell Banker Realty License #01213577

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2000

Lot Details

  • Ocean Front
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Gated Home
  • Partially Fenced Property
  • Bluff on Lot

HOA Fees

  • $1,300 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Property Views

  • Ocean
  • City Lights

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Wood Siding

Interior Spaces

  • 2,295 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Area
  • Home Office

Kitchen

  • Convection Oven
  • Electric Oven
  • Built-In Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Full Size Washer or Dryer
  • Dryer
  • Washer

Pool

  • Heated Lap Pool
  • Heated In Ground Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Location

  • West of 5 Freeway

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 350-121-26-02

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, limited insurance, roof maintenance, sewer, trash pickup
  • 4 Units
  • The Cliffs Association, Phone Number (858) 531-2335
  • The Cliffs Community

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Year Built

Built in 2000

Lot Details

0

HOA Fees

$1,300 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: Torrey Pines Road
  • Neighborhood: Village
  • Supplement: BTVSFB4OE. Complex is exploring City of San Diego Historic Designation and applying for the Mills Act, as building was designed and built in 1975 by renowned mid-century modernist architect Russell Forrester. H.O.A. completed extensive renovation of the common area in 2017-2018, including new lap pool, spa, BBQ area, walkways and driveway. This is a rare offering with the ability to walk into The Village and live on top on La Jolla Cove with amazing ocean views up the North Shore of La Jolla's coastline in a private, gated, small condominium complex.
  • Estimated Living Space: 2,000 to 2,499 SqFt
  • LP / Sq Ft: 1915.03
  • Price Per Sq Ft: 1872.55
  • Residential Unit Location: No Unit Below, End Unit, 1 common wall
  • SP/ Sq Ft: 1872.55
  • Stories: 1 Story
  • Stories In Building: 2
  • Ownership: Condominium
  • Total Stories: 1
  • Year Built: 2000
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Equipment Available: Dishwasher, Disposal, Dryer, Garage Door Opener, Range/Oven, Refrigerator, Washer, Built In Range, Convection Oven, Electric Oven, Electric Range
  • Elevator: Yes
  • Fireplaces: 1
  • Fireplace: Fp In Living Room, Gas
  • Searchable Rooms: Bedroom Entry Level, Dining Area, Master Retreat, MBR Entry Level, Office, Master Bedroom, Family Kitchen, Master Bathroom
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 16x12
  • Full Bathrooms: 2
  • Laundry Location: Closet Full Sized
  • Estimated Sq Ft: 2295
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Wood
  • Fencing: Gate, Partial
  • Frontage: Ocean/Bluff
  • Patio: Balcony, Covered, Stone/Tile, Porch - Front
  • Pool: Below Ground, Community/Common, Lap, Heated
  • Spa: Community/Common
  • View: Evening Lights, Ocean, Panoramic Ocean

Garage/Parking

  • Garage Details: Detached
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air, Electric
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Fireplace, Forced Air Unit, Heat Pump
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: The Cliffs
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 4
  • Total Number of Units: 4
  • Community: LA JOLLA
  • Complex Features: BBQ, Pool, Spa/Hot Tub
  • Home Owner Association: The Cliffs
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Limited Insurance, Roof Maintenance, Sewer, Trash Pickup
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 1300.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-531-2335

Association/Amenities

  • Entry Level Building: 1
  • Entry Level Unit: 1

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 0 (Common Interest)
  • Site: Public Street, Sidewalks, Street Paved, West of I-5
  • Topography: Bluff/Canyon Rim, Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 350-121-26-02
  • Estimated Lot Sq Ft: 23989
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Map Code Column: F
  • Map Code Page: 1227
  • Map Code Row: 6

Multi Family

  • Percentage Owner Occupancy: 100.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Sep 11, 2020
Sold by
Fehrenbach Donald and Fehrenbach Alice I
Bought by
Halverstadt Loren Thomas and Halverstadt Loren T
Seller's Agent
Edward Mracek
Pacific Sotheby's Int'l Realty
Buyer's Agent
Shannon Hagan
Coldwell Banker Realty
List Price
$4,395,000
Sold Price
$4,297,500
Premium/Discount to List
-$97,500
-2.22%
Current Estimated Value
$4,497,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,460
Avg. Annual Appreciation
0.86%

Purchase Details

Closed on
Feb 2, 2015
Sold by
Townsend Theodore G and Townsend Mary E
Bought by
Donald Fehrenbach R and Donald Alice R

Purchase Details

Closed on
Oct 15, 2014
Sold by
Townsend Theodore G
Bought by
Townsend Theodore G and Townsend Mary E

Purchase Details

Closed on
Jun 23, 2004
Sold by
Sterne Bobbe
Bought by
Sterne Bobbe
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Halverstadt Loren Thomas $4,297,500 First American Title Ins Co
Donald Fehrenbach R $2,950,000 Western Resources Title
Townsend Theodore G -- None Available
Sterne Bobbe -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2020 09/23/20 Sold $4,297,500 -2.2% $1,873 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/28/2020 08/28/20 For Sale $4,395,000 -- $1,915 / 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 $56,069 $4,651,749 $3,896,754 $754,995
2024 $56,069 $4,560,540 $3,820,348 $740,192
2023 $54,833 $4,471,119 $3,745,440 $725,679
2022 $53,374 $4,383,450 $3,672,000 $711,450
2021 $53,090 $4,297,500 $3,600,000 $697,500
2020 $42,375 $3,434,539 $2,802,292 $632,247
2019 $41,619 $3,367,196 $2,747,346 $619,850
2018 $38,824 $3,301,174 $2,693,477 $607,697
2017 $37,990 $3,236,446 $2,640,664 $595,782
2016 $36,508 $3,104,987 $2,588,887 $516,100
2015 $3,732 $313,883 $176,455 $137,428
2014 $3,591 $307,735 $172,999 $134,736
Source: Public Records

Agents Affiliated with this Home

  • Edward Mracek

    Seller's Agent in 2020

    Edward Mracek

    Pacific Sothebys

    (858) 382-6006

    4 Total Sales

    Edward Mracek
    Section Image

  • K

    Seller Co-Listing Agent in 2020

    Karen Rockwell

    Karen Rockwell Realty

  • S

    Buyer's Agent in 2020

    Shannon Hagan

    Coldwell Banker Realty

See All Agents

Map

Source: San Diego MLS

MLS Number: 200041777

San Diego MLS

APN: 350-121-26-02

California San Diego County La Jolla 92037 The Village

7933 Prospect Place Unit 2, La Jolla, CA

Not Listed for Sale

Condos

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