NOT LISTED FOR SALE

7991 Prospect Place La Jolla, CA 92037

The Village Neighborhood

Estimated Value: $2,716,912

3 Beds
2 Baths
1,495 Sq Ft
$1,817/Sq Ft Est. Value

Last Sold April 11, 2014

Last sale price $1,250,000 $836 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $16,126/month

70 Days on Market

Highlights

  • Ocean View
  • Fireplace
  • Partially Fenced Property
  • La Jolla Elementary School Rated A
  • Closed Circuit Camera
  • Level Lot

About This Home

As of April 2014

These two cottages sit on one lot in the enclave characterized by the Coast Walk at the entrance to the heart of Village! Privately situated off of the Prospect St-Coast Blvd split, this is a truly rare offering located within walking distance to exquisite dining, art galleries, high-end shops, great schools and the famous La Jolla Cove. Please see Supplement... All information herein deemed reliable, but not guaranteed. Buyers and buyers' agent to verify all including square footage and lot size prior to removing contingencies.

Last Agent to Sell the Property

Timothy Nelson

Willis Allen Real Estate License #01801493 Listed on: 12/17/2013

Willis Allen Real Estate

Last Buyer's Agent

Carol Doty

Berkshire Hathaway HomeServices California Properties License #00930708

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,243

Year Built

  • Built in 1909

Lot Details

  • 5,511 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • Automatic Gate

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Ocean Views
  • Closed Circuit Camera

Location

  • West of 5 Freeway

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 350-121-39-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,243

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Exchange St
  • Neighborhood: The Village
  • Supplement: All information herein deemed reliable, but not guaranteed. Buyers and buyers' agent to verify all including square footage and lot size prior to removing contingencies.
  • Miscellaneous: Value in Land
  • Stories: 1 Story
  • Sale Price List Price: 0.74
  • Total Stories: 1
  • Year Built: 1909
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • School District Old: La Jolla
  • Walk Score Desc: Very Walkable
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood
  • Fencing: Partial
  • Roof: Composition
  • View: Ocean

Utilities

  • Security: Automatic Gate, Closed Circuit TV
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Fireplace

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: LA JOLLA

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Sidewalks, Street Paved, West of I-5
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: RS-1-7
  • Assessor Parcel Number: 350-121-39-00
  • Land Use Code: SFR
  • Estimated Lot Sq Ft: 5511
  • 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

  • No. of Units: 2
  • Number Of Buildings: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Tax Info

  • Assessor Parcel Number: 7991-7993Prospect92037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2019
Sold by
Steel Kevin N and Steel Melissa A
Bought by
Steel Kevin Noble and Steel Melissa Ann
Current Estimated Value
$2,716,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$791,852
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$1,927,316

Purchase Details

Listed on
Dec 17, 2013
Closed on
Feb 25, 2014
Sold by
Allen William James
Bought by
Steel Kevin N and Steel Melissa A
Seller's Agent
Timothy Nelson
Willis Allen Real Estate
Buyer's Agent
Carol Doty
Berkshire Hathaway HomeServices California Properties
List Price
$1,695,000
Sold Price
$1,250,000
Premium/Discount to List
-$445,000
-26.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%
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
Steel Kevin Noble -- None Available
Steel Kevin N $1,300,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steel Kevin N $900,000
Closed Steel Kevin N $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2014 04/11/14 Sold $1,250,000 -26.3% $836 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
12/16/2013 12/16/13 For Sale $1,695,000 -- $1,134 / 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 $17,243 $1,409,724 $1,409,724 --
2024 $17,243 $1,382,087 $1,382,087 --
2023 $16,858 $1,354,998 $1,354,998 $0
2022 $16,325 $1,328,429 $1,328,429 $0
2021 $16,206 $1,302,382 $1,302,382 $0
2020 $4,324 $338,872 $185,323 $153,549
2019 $4,198 $328,028 $178,816 $149,212
2018 $3,877 $331,319 $180,791 $150,528
2017 $80 $333,768 $185,260 $148,508
2016 $15,264 $1,294,417 $1,190,864 $103,553
2015 $15,038 $1,325,974 $1,223,976 $101,998
2014 $7,343 $617,499 $531,970 $85,529
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Timothy Nelson

    Willis Allen Real Estate

    Section Image

  • C

    Buyer's Agent in 2014

    Carol Doty

    Berkshire Hathaway HomeServices California Properties

    Section Image
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Map

Source: San Diego MLS

MLS Number: 130064570

San Diego MLS

APN: 350-121-39

California San Diego County La Jolla 92037 The Village

7991 Prospect Place, La Jolla, CA

This home is located at 7991 Prospect Place, La Jolla, CA 92037 since 17 December 2013 and is currently estimated at $2,716,912, approximately $1,817 per square foot. This property was built in 1909. 7991 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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