NOT LISTED FOR SALE

7981 Prospect Place La Jolla, CA 92037

The Village Neighborhood

Estimated Value: $4,936,000 - $9,090,440

4 Beds
3 Baths
2,766 Sq Ft
$2,755/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $7,050,000 $2,549 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $50,029/month

105 Days on Market

Highlights

  • Ocean View
  • Bluff on Lot
  • Deck
  • La Jolla Elementary School Rated A
  • Cape Cod Architecture
  • Family Room with Fireplace

About This Home

As of June 2021

Oceanfront on an exquisite, private bluff in a prime location in La Jolla’s village of renowned restaurants, shops and beaches, this charming private residence enjoys phenomenal panoramic views and unique park-like gardens with lush, romantic layers of specimen plantings. In Craftsman style with shingled exterior and light, bright interiors, this property represents a once-in-a-generation opportunity to enjoy this unique environment.

Last Agent to Sell the Property

Greg Noonan

Berkshire Hathaway HomeServices California Properties License #00655720 Listed on: 01/13/2021

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Shannon Mahoney

Berkshire Hathaway HomeServices California Properties License #01961135

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $92,006

Year Built

  • Built in 1980

Lot Details

  • 10,030 Sq Ft Lot
  • Partially Fenced Property
  • Bluff on Lot
  • Private Yard

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Bluff

Home Design

  • Cape Cod Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,766 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Home Office

Kitchen

  • Electric Oven
  • Stove
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Front Porch

Location

  • West of 5 Freeway

Utilities

  • Zoned Cooling
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 350-121-23-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$92,006

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Architectural Style: Cape Cod
  • Residential Styles: Detached
  • Market Area: Coastal South
  • Cross Street: Cave St
  • Neighborhood: Village
  • Estimated Living Space: 2,500 to 2,999 SqFt
  • LP / Sq Ft: 2638.47
  • Price Per Sq Ft: 2548.81
  • SP/ Sq Ft: 2548.81
  • Stories: 2 Story
  • Ownership: Fee Simple
  • Total Stories: 2
  • Year Built: 1980
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Wood
  • Equipment Available: Dishwasher, Disposal, Dryer, Refrigerator, Washer, Electric Oven, Electric Stove, Freezer
  • Fireplaces: 2
  • Fireplace: Fp In Family Room, Fp In Living Room
  • Searchable Rooms: Den, Dining Area, Formal Entry, Office, Kitchen, Living Room, Master Bedroom, Laundry, Master Bathroom, Walk-In Closet
  • Total Bedrooms: 4
  • Bedrooms: 3
  • Master Bedroom Dimensions: 12x17
  • Optional Bedrooms: 1
  • Full Bathrooms: 3
  • Laundry Location: Garage
  • Estimated Sq Ft: 2766
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Wood
  • Fencing: Partial
  • Patio: Deck, Porch - Front
  • Roof: Composition
  • View: City, Evening Lights, Ocean, Panoramic, Panoramic Ocean, Bluff, Coastline, City Lights
  • Three or more Steps To Entry: Yes
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2
  • Non Garage Parking: Driveway
  • Garage Spaces: 4
  • Parking Spaces Total: 6

Utilities

  • Cooling: Central Forced Air, Zoned Area(s)
  • Laundry Utilities: Electric
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heating: Forced Air Unit
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: LA JOLLA

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: West of I-5
  • Topography: Bluff/Canyon Rim
  • Assessor Parcel Number: 350-121-23-00
  • Estimated Lot Sq Ft: 10030
  • Estimated Number of Acres: 0.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Apr 30, 2021
Sold by
Crockett Family Trust and Crockett Clyde C
Bought by
Dream Too Llc
Seller's Agent
Greg Noonan
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Shannon Mahoney
Berkshire Hathaway HomeServices California Properties
List Price
$7,800,000
Sold Price
$7,050,000
Premium/Discount to List
-$750,000
-9.62%
Current Estimated Value
$7,737,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$687,133
Avg. Annual Appreciation
1.88%
Original Mortgage
$3,000,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 2012
Sold by
Crockett Clyde C and Crockett Darlee Jean
Bought by
Crockett Clyde C and Crockett Darlee Jean

Purchase Details

Closed on
Sep 6, 2011
Sold by
Crockett Clyde C and Crockett Darlee Jean
Bought by
Crockett Clyde C and Crockett Darlee Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,250
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2010
Sold by
Crockett Clyde C and Crockett Darlee Jean
Bought by
Crockett Clyde C and Crockett Darlee Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$674,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2009
Sold by
Crockett Clyde and Crockett Darlee
Bought by
Crockett Clyde C and Crockett Darlee Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2003
Sold by
Crockett Clyde and Crockett Darlee
Bought by
Crockett Clyde C and Crockett Darlee Jean

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
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 1999
Sold by
Crockett Clyde C and Crockett Darlee J
Bought by
Crockett Clyde C and Crockett Darlee Jean

Purchase Details

Closed on
Feb 5, 1998
Sold by
Crockett Clyde C and Crockett Darlee J J
Bought by
Crockett Clyde C and Crockett Darlee Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 1997
Sold by
Crockett Clyde C and Crockett Darlee J J
Bought by
Crockett Clyde C and Crockett Darlee Jean

Purchase Details

Closed on
Apr 10, 1997
Sold by
Crockett Clyde C and Crockett Darlee J J
Bought by
Crockett Clyde C and Crockett Darlee Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
8.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 1995
Sold by
Mccoy Carolyn Sue and Mccoy Jerry A
Bought by
Crockett Clyde C and Crockett Darlee Jean

Purchase Details

Closed on
Mar 29, 1995
Sold by
Mccoy Carolyn Sue
Bought by
Crockett Clyde C and Crockett Darlee Jean
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
Dream Too Llc $7,050,000 California Title Company
Crockett Clyde C -- Chicago Title Company
Crockett Clyde C -- Chicago Title Company
Crockett Clyde C -- Chicago Title
Crockett Clyde C -- Chicago Title
Crockett Clyde C -- Accommodation
Crockett Clyde C -- Chicago Title
Crockett Clyde C -- Accommodation
Crockett Clyde -- Chicago Title Company
Crockett Clyde C -- Fidelity National Title Co
Crockett Clyde -- Fidelity National Title Co
Crockett Clyde C -- --
Crockett Clyde C -- Stewart Title
Crockett Clyde C -- --
Crockett Clyde C -- Chicago Title
Crockett Clyde C $655,000 First American Title Ins Co
Crockett Clyde C $795,000 First American Title Co
Gorshing Barbara Belle -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dream Too Llc $3,000,000
Previous Owner Crockett Clyde C $250,000
Previous Owner Crockett Clyde C $820,000
Previous Owner Crockett Clyde C $679,250
Previous Owner Crockett Clyde C $674,000
Previous Owner Crockett Clyde $668,000
Previous Owner Crockett Clyde C $700,000
Previous Owner Crockett Clyde $700,000
Previous Owner Crockett Clyde C $700,000
Previous Owner Crockett Clyde C $700,000
Previous Owner Crockett Clyde C $700,000
Previous Owner Crockett Clyde C $498,000
Previous Owner Crockett Clyde C $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $7,050,000 -3.4% $2,549 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
03/10/2021 03/10/21 Price Changed $7,298,000 -6.4% $2,638 / Sq Ft
01/13/2021 01/13/21 For Sale $7,800,000 -- $2,820 / 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 $92,006 $7,631,144 $6,981,686 $649,458
2024 $92,006 $7,481,515 $6,844,791 $636,724
2023 $89,984 $7,334,820 $6,710,580 $624,240
2022 $87,591 $1,773,063 $1,319,028 $454,035
2021 $21,881 $1,773,063 $1,319,028 $454,035
2020 $21,616 $1,754,883 $1,305,503 $449,380
2019 $21,230 $1,720,474 $1,279,905 $440,569
2018 $19,763 $1,686,740 $1,254,809 $431,931
2017 $19,379 $1,653,667 $1,230,205 $423,462
2016 $18,986 $1,621,243 $1,206,084 $415,159
2015 $18,704 $1,596,891 $1,187,968 $408,923
2014 $18,407 $1,565,611 $1,164,698 $400,913
Source: Public Records

Agents Affiliated with this Home

  • Greg Noonan

    Seller's Agent in 2021

    Greg Noonan

    Berkshire Hathaway HomeServices California Properties

    (858) 400-8770

    36 in this area

    208 Total Sales

    Section Image
  • Shannon Mahoney

    Buyer's Agent in 2021

    Shannon Mahoney

    Berkshire Hathaway HomeServices California Properties

    (858) 414-6305

    2 in this area

    46 Total Sales

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Map

Source: San Diego MLS

MLS Number: 210000909

San Diego MLS

APN: 350-121-23

California San Diego County La Jolla 92037 The Village

7981 Prospect Place, La Jolla, CA

This home is located at 7981 Prospect Place, La Jolla, CA 92037 since 13 January 2021 and is currently estimated at $7,619,813, approximately $2,754 per square foot. This property was built in 1980. 7981 Prospect Place is a home located in San Diego County with nearby schools including La Jolla Elementary School, Muirlands Middle School, and La Jolla High School.

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