NOT LISTED FOR SALE

8503 Villa la Jolla Dr Unit J La Jolla, CA 92037

La Jolla Village Neighborhood

Estimated Value: $729,000 - $818,000

2 Beds
2 Baths
978 Sq Ft
$280/mo HOA Fee

Last Sold January 25, 2021

Last sale price $512,000 $524 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,975/month

72 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Clubhouse
  • Torrey Pines Elementary School Rated A
  • View of Trees or Woods
  • Granite Countertops

About This Home

As of January 2021

Ideally located corner unit, 1st floor condo in turn-key condition. Beautifully upgraded 2 bedroom / 2 Bath at Villa La Jolla!  Tranquil private setting has a view of the tree-lined hillside from the spacious covered patio and no neighbors behind. Recently Remodeled with New Flooring. Some of the upgrades include Granite Countertops, Stainless Steel Appliances, Recessed Lighting, Wall Unit A/C, and Crown Molding. Very close to the renowned UCSD campus with a bus stop less than one block away. Within minutes of acclaimed La Jolla Beaches; walkable to Trader Joes, Ralph's, Whole Foods, AMC theater, restaurants, shopping. Freeway close. Don't miss it! The complex is very well-maintained. Residents of Villa La Jolla enjoy community amenities including a clubhouse, fitness center, two pools and spas, numerous barbecue areas, laundry facilities conveniently located throughout and lush landscaping. The community center offers free WIFI. Read or study, workout in the gym and enjoy a swim in the pool. Take advantage of the Southern California weather and San Diego lifestyle when you call this home. This comfortable home is superbly located for convenient access to public transportation to UCSD campus and all of San Diego. Easy access to I-5 and SR-52. Parking spot is 417 and close to the Unit.

Last Agent to Sell the Property

Ramzi Rabbat

Realty One Group West License #01863335 Listed on: 10/26/2020

Realty One Group West

Last Buyer's Agent

Christel Carlyle

Wisdom Properties License #00681090

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,704

Year Built

  • Built in 1971

Lot Details

  • No Units Located Below
  • 1 Common Wall

HOA Fees

  • $280 Monthly HOA Fees

Property Views

  • Woods
  • Hills

Interior Spaces

  • 978 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Recessed Lighting
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Available
  • Assigned Parking

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 9693
  • Assessor Parcel Number 3468020825

Community Details

Overview

  • Master Insurance
  • 500 Units
  • Villa La Jolla Condo Association, Phone Number (858) 455-7824
  • La Jolla Subdivision
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,704

Year Built

Built in 1971

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Refrigerator
  • Property Attached: Yes
  • Subdivision Name Other: La Jolla
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 3468020825
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 978.00 Square Feet
  • Interior Amenities: Crown Molding, Granite Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Below
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 523.52
  • Room Type: All Bedrooms Down
  • Spa Features: Association, Community, In Ground
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Hills, Trees/Woods
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Disposal, Microwave, Refrigerator
  • Heating Type: Radiant, Electric
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Gym/Ex Room, Clubhouse, Insurance, Maintenance Grounds, Trash, Sewer, Water
  • Association Fee: 280.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa La Jolla Condo Association
  • Phone: 858-455-7824
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Street Lights
  • Association Management: Villa La Jolla Condo Association

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 112100.00
  • Lot Size Acres: 2.5735

Multi Family

  • Lease Considered: No
  • Lot Size Area: 112100.0000 Square Feet
  • Number Of Units In Community: 500
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 83.61
  • Tax Lot: 1
  • Tax Tract Number: 9693

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2020
Closed on
Jan 12, 2021
Sold by
Othman Mervat N
Bought by
Kao Wen Tsu
Seller's Agent
Ramzi Rabbat
Realty One Group West
Buyer's Agent
Christel Carlyle
Wisdom Properties
List Price
$539,000
Sold Price
$512,000
Premium/Discount to List
-$27,000
-5.01%
Total Days on Market
72
Current Estimated Value
$779,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,249
Avg. Annual Appreciation
10.14%

Purchase Details

Closed on
Jul 9, 2014
Sold by
Villa La Jolla Gardens Llc
Bought by
Othman Mervat N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,750
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Kao Wen Tsu $512,000 Fidelity Natl Ttl Orange Cnt
Othman Mervat N $382,500 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Othman Mervat N $267,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2021 01/25/21 Sold $512,000 -3.2% $524 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
11/26/2020 11/26/20 Price Changed $529,000 -1.9% $541 / Sq Ft
10/26/2020 10/26/20 For Sale $539,000 +40.9% $551 / Sq Ft
09/23/2014 09/23/14 Sold $382,500 -1.9% $391 / Sq Ft
06/22/2014 06/22/14 Pending -- -- --
12/08/2013 12/08/13 For Sale $390,000 -- $399 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $6,704 $543,335 $257,910 $285,425
2023 $6,557 $532,682 $252,853 $279,829
2022 $6,383 $522,239 $247,896 $274,343
2021 $5,263 $424,692 $201,593 $223,099
2020 $5,200 $420,338 $199,526 $220,812
2019 $5,107 $412,097 $195,614 $216,483
2018 $4,776 $404,018 $191,779 $212,239
2017 $81 $396,097 $188,019 $208,078
2016 $4,588 $388,332 $184,333 $203,999
2015 $4,521 $382,500 $181,565 $200,935
2014 $2,318 $194,205 $92,185 $102,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20221982

California Regional Multiple Listing Service (CRMLS)

APN: 346-802-08-25