NOT LISTED FOR SALE

Estimated Value: $6,697,000 - $8,877,000

4 Beds
4.5 Baths
4,612 Sq Ft
$1,721/Sq Ft Est. Value

Last Sold December 26, 2013

Last sale price $6,800,000 $1,474 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $51,519/month

189 Days on Market

Highlights

  • Ocean View
  • 0.52 Acre Lot
  • Retreat
  • Torrey Pines Elementary School Rated A
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of December 2013

La Jolla's most glorious sounds of the sea and views to La Jolla Cove, coastline, whitewater surf and open ocean are celebrated in this majestic one-level hillside residence above La Jolla Shores where superb architectural finesse offers a unique opportunity to seamlessly incorporate contemporary or traditional design elements. Adhering to an exceptionally meticulous standard of quality with extensive use of gorgeous woodwork and stone. Please see SUPPLEMENT. Superb renovations have resulted in a sublime, private welcoming courtyard with fireplace and tv, vast floor-to-ceiling windows and doors inviting phenomenal panoramic views to La Jolla Cove, whitewater surf, open sea, Scripps Pier, and the entire coastline to Dana Point that dazzle and delight, and an incredibly expansive sea view terrace for integrated indoor-outdoor enjoyment, shaded by deep eaves with wide copper fascia. Interiors are finished with bullnose corners, coved and stepped ceilings, and with herringbone wood floors with marquetry inlay-- and the master bath is a veritable treasure box of onyx with huge dual walk-in shower and back-to-back vanities. Perfectly situated for easy access to beaches, village, North La Jolla, the UCSD area, and freeway access points. 2009 was year of completion of renovation and is the most accurate indication of the condition of the home, not a representation of age of materials still existing. Buyer to verify all information prior to removal of contingencies.

Last Agent to Sell the Property

Greg Noonan

Berkshire Hathaway HomeServices California Properties License #00655720 Listed on: 05/22/2013

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Malena Suarez

Berkshire Hathaway HomeServices California Properties License #01424625

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $100,396

Year Built

  • Built in 2009

Lot Details

  • 0.52 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Private Yard

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Ocean
  • Panoramic
  • City
  • Mountain

Home Design

  • Stucco Exterior

Interior Spaces

  • 4,612 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Formal Entry
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Security System Owned
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat

Outdoor Features

  • Stone Porch or Patio
  • Outdoor Fireplace

Location

  • West of 5 Freeway

Utilities

  • Zoned Heating and Cooling
  • Separate Water Meter
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 346-211-03-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$100,396

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Detached
  • Residential Styles: Detached
  • Market Area: Coastal South
  • Cross Street: Calle del Oro
  • Neighborhood: La Jolla Shores
  • Supplement: Superb renovations have resulted in a sublime, private welcoming courtyard with fireplace and tv, vast floor-to-ceiling windows and doors inviting phenomenal panoramic views to La Jolla Cove, whitewater surf, open sea, Scripps Pier, and the entire coastline to Dana Point that dazzle and delight, and an incredibly expansive sea view terrace for integrated indoor-outdoor enjoyment, shaded by deep eaves with wide copper fascia. Interiors are finished with bullnose corners, coved and stepped ceilings, and with herringbone wood floors with marquetry inlay-- and the master bath is a veritable treasure box of onyx with huge dual walk-in shower and back-to-back vanities. Perfectly situated for easy access to beaches, village, North La Jolla, the UCSD area, and freeway access points. 2009 was year of completion of renovation and is the most accurate indication of the condition of the home, not a representation of age of materials still existing. Buyer to verify all information prior to removal of contingencies.
  • Estimated Living Space: 4,000 to 4,999 SqFt
  • LP / Sq Ft: 1571.99
  • Price Per Sq Ft: 1474.41
  • Residential Unit Location: Detached
  • SP/ Sq Ft: 1474.42
  • Stories: 1 Story
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 2009
  • Allow Comments Review: No
  • Internet Address Field: Partial Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • School District Old: La Jolla
  • Walk Score Desc: Car Dependent
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Stone, Wood
  • Equipment Available: Dishwasher, Disposal, Garage Door Opener, Microwave, Range/Oven, Refrigerator, Vacuum/Central
  • Fireplaces: 4
  • Fireplace: Fp In Family Room, Fp In Living Room, Patio/Outdoors
  • Searchable Rooms: Bedroom Entry Level, Breakfast Area, Den, Dining Room/Separate, Family Room, Formal Entry, Library, Master Retreat, MBR Entry Level, Office, Optional Bedrooms
  • Total Bedrooms: 4
  • Bedrooms: 3
  • Master Bedroom Dimensions: 17x17
  • Optional Bedrooms: 1
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 4612
  • Total Bathrooms: 5

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Patio: Stone/Tile
  • View: City, Mountains/Hills, Ocean, Panoramic, Panoramic Ocean
  • Three or more Steps To Entry: Yes
  • Exclusive Use Yard: Yes

Garage/Parking

  • Garage Details: Attached
  • Garage Spaces: 2

Utilities

  • Cooling: Central Forced Air, Zoned Area(s)
  • Security: Eqpt Owned
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Zoned Areas, Forced Air Unit
  • Heating Fuel: Natural Gas
  • Telecommunications: Cable (coaxial), Multiple Phones

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: LA JOLLA

Lot Info

  • Lot Size: .5 to 1 AC
  • Site: West of I-5
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 346-211-03-00
  • Estimated Lot Sq Ft: 22651
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.52
  • Map Code Column: J
  • Map Code Page: 1227
  • Map Code Row: 5

Tax Info

  • Assessor Parcel Number: 8344Prestwick92037

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2013
Closed on
Nov 8, 2013
Sold by
Osprey Holdings Llc
Bought by
8344 Prestwick Llc
Seller's Agent
Greg Noonan
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Malena Suarez
Berkshire Hathaway HomeServices California Properties
List Price
$7,250,000
Sold Price
$6,800,000
Premium/Discount to List
-$450,000
-6.21%
Current Estimated Value
$7,935,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,135,228
Avg. Annual Appreciation
1.33%

Purchase Details

Closed on
Mar 17, 2008
Sold by
Robinson William C and Robinson Margaret
Bought by
Osprey Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,350,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2003
Sold by
Merati Jay K and Merati Adele
Bought by
Robinson William C and Robinson Margaret

Purchase Details

Closed on
Oct 5, 2001
Sold by
Merati Adele
Bought by
Merati Jay K

Purchase Details

Closed on
Apr 8, 1992
Source: Public Records

Range of Values:

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Average Value
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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
8344 Prestwick Llc $6,800,000 Corinthian Title Company
Osprey Holdings Llc -- Chicago Title Company
Robinson William C $4,900,000 Chicago Title Co
Merati Jay K -- Chicago Title Co
-- $1,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osprey Holdings Llc $3,350,000
Previous Owner Merati Jay K $200,000
Previous Owner Merati Jay K $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2013 12/26/13 Sold $6,800,000 -6.2% $1,474 / Sq Ft
11/25/2013 11/25/13 Pending -- -- --
05/20/2013 05/20/13 For Sale $7,250,000 -- $1,572 / 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 $100,396 $8,335,862 $7,355,177 $980,685
2024 $100,396 $8,172,414 $7,210,958 $961,456
2023 $98,190 $8,012,171 $7,069,567 $942,604
2022 $95,579 $7,855,071 $6,930,949 $924,122
2021 $94,924 $7,701,051 $6,795,049 $906,002
2020 $93,771 $7,622,088 $6,725,375 $896,713
2019 $92,095 $7,472,636 $6,593,505 $879,131
2018 $86,086 $7,326,115 $6,464,221 $861,894
2017 $80 $7,182,467 $6,337,472 $844,995
2016 $82,721 $7,041,635 $6,213,208 $828,427
2015 $81,497 $6,935,864 $6,119,880 $815,984
2014 $80,203 $6,800,000 $6,000,000 $800,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 130026069

San Diego MLS

APN: 346-211-03