NOT LISTED FOR SALE

8585 Via Mallorca Unit 42 La Jolla, CA 92037

La Jolla Village Neighborhood

Estimated Value: $941,000 - $1,107,000

2 Beds
2 Baths
1,355 Sq Ft
$324/mo HOA Fee

Last Sold November 26, 2014

Last sale price $525,000 $387 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $6,582/month

19 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • End Unit
  • Torrey Pines Elementary School Rated A
  • Park or Greenbelt View
  • Breakfast Area or Nook

About This Home

As of November 2014

Prime corner condo in the exclusive Cape La Jolla complex. Rare opportunity to buy in this building, and when they come on the market, they're gone fast! Lots of light and space with vaulted ceilings, a bi-level deck over-looking the lush landscaping of the pool area with streams and waterfalls, ferns and palms. Huge kitchen! Fantastic layout. Large master closets and bathroom. Quiet location, but super-close to tons of shopping, dining and more. Great schools too! This should move quickly. Please schedule and appointment to see it as soon as you're able!

Last Agent to Sell the Property

Dennis Kuhn

Sun and Sea Realty License #01523210 Listed on: 09/17/2014

Last Buyer's Agent

Russ Eskilson

Feels Like Home License #00616926

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,543

Year Built

  • Built in 1986

Lot Details

  • End Unit
  • Partially Fenced Property

HOA Fees

  • $324 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Split Level Home
  • Rolled or Hot Mop Roof
  • Stucco Exterior

Interior Spaces

  • 1,355 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Park or Greenbelt Views

Kitchen

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

Flooring

  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

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

Home Security

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck

Location

  • West of 5 Freeway

Utilities

  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 344-320-05-42

Community Details

Overview

  • Association fees include common area maintenance, exterior bldg maintenance, limited insurance, sewer, trash pickup
  • 52 Units
  • Cape La Jolla Allegis Association, Phone Number (858) 430-5700
  • Cape La Jolla Community

Recreation

  • Community Pool
  • Community Spa

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,543

Year Built

Built in 1986

Lot Details

0

HOA Fees

$324 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Coastal South
  • Cross Street: Villa La Jolla Dr.
  • Neighborhood: La Jolla
  • Supplement: This should move quickly. Please schedule and appointment to see it as soon as you're able!
  • Estimated Living Space: 1,000 to 1,499 SqFt
  • Configuration: Deck
  • LP / Sq Ft: 412.55
  • Price Per Sq Ft: 387.45
  • Residential Unit Location: No Unit Above, End Unit
  • SP/ Sq Ft: 387.45
  • Stories: Split Level
  • Stories In Building: 2
  • Ownership: Fee Simple
  • Year Built: 1986
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 42
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Linoleum/Vinyl, Tile
  • Equipment Available: Dishwasher, Disposal, Dryer, Fire Sprinklers, Garage Door Opener, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Searchable Rooms: Breakfast Area, Dining Room/Separate
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 14x12
  • Full Bathrooms: 2
  • Laundry Location: Closet Full Sized
  • Estimated Sq Ft: 1355
  • Total Bathrooms: 2

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Patio: Balcony, Deck
  • Pool: Below Ground, Community/Common
  • Roof: Rolled/Hot Mop
  • Spa: Community/Common
  • View: Greenbelt, Parklike
  • Three or more Steps To Entry: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Complex Name: Cape La Jolla
  • Total Fees: 3888.0
  • Units In Building: 52
  • Total Number of Units: 52
  • Community: LA JOLLA
  • Complex Features: Pool, Spa/Hot Tub
  • Home Owner Association: Cape La Jolla - Allegis
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior Bldg Maintenance, Limited Insurance, Sewer, Trash Pickup
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 324.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-430-5700

Association/Amenities

  • Entry Level Unit: 2

Fee Information

  • Total Monthly Fees: 324

Lot Info

  • Lot Size: 0 (Common Interest)
  • Site: Sidewalks, Street Paved, West of I-5
  • Topography: Level
  • Assessor Parcel Number: 344-320-05-42
  • Map Code Column: A
  • Map Code Page: 1228
  • Map Code Row: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2018
Sold by
Magoon Vikram
Bought by
Magoon Vikram
Current Estimated Value
$1,019,214

Purchase Details

Listed on
Sep 17, 2014
Closed on
Oct 7, 2014
Sold by
Hovis Brian R
Bought by
Magoon Vikram
Seller's Agent
Dennis Kuhn
Sun and Sea Realty
Buyer's Agent
Russ Eskilson
Feels Like Home
List Price
$559,000
Sold Price
$525,000
Premium/Discount to List
-$34,000
-6.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
Original Mortgage
$420,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 4, 2007
Sold by
German Thomas A and German Patricia C
Bought by
Hovis Brian R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
5.9%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 5, 2003
Sold by
Rix Peter J and Li Ning
Bought by
German Thomas A and German Patricia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,800
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2000
Sold by
Millar Frederick R and Millar Elayne I
Bought by
Rix Peter J and Li Ning

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 1986
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
Magoon Vikram -- None Available
Magoon Vikram $525,000 Chicago Title Company
Hovis Brian R $540,000 Lawyers Title Company
German Thomas A $456,000 Chicago Title Co
Rix Peter J $328,500 Commonwealth Land Title Co
-- $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magoon Vikram $420,000
Previous Owner Hovis Brian R $81,000
Previous Owner Hovis Brian R $405,000
Previous Owner German Thomas A $364,800
Previous Owner Rix Peter J $140,000
Previous Owner Rix Peter J $100,000
Previous Owner Rix Peter J $252,700
Closed German Thomas A $45,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2014 11/26/14 Sold $525,000 -6.1% $387 / Sq Ft
10/04/2014 10/04/14 Pending -- -- --
09/15/2014 09/15/14 For Sale $559,000 0.0% $413 / Sq Ft
01/02/2014 01/02/14 Rented $2,300 -8.0% --
01/02/2014 01/02/14 For Rent $2,500 -- --
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 $7,543 $630,959 $455,621 $175,338
2024 $7,543 $618,588 $446,688 $171,900
2023 $7,375 $606,460 $437,930 $168,530
2022 $7,177 $594,570 $429,344 $165,226
2021 $7,127 $582,913 $420,926 $161,987
2020 $7,040 $576,937 $416,610 $160,327
2019 $6,913 $565,626 $408,442 $157,184
2018 $6,478 $554,536 $400,434 $154,102
2017 $6,389 $543,664 $392,583 $151,081
2016 $6,287 $533,005 $384,886 $148,119
2015 $6,195 $525,000 $379,105 $145,895
2014 $5,546 $475,000 $343,000 $132,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Christopher Cocio

    Berkshire Hathaway HomeServices California Properties

  • D

    Seller's Agent in 2014

    Dennis Kuhn

    Sun and Sea Realty

    Section Image

  • R

    Buyer's Agent in 2014

    Rosalina Baines

    RC Realty of San Diego

    Section Image
  • Russ Eskilson

    Buyer's Agent in 2014

    Russ Eskilson

    Feels Like Home

    (619) 276-1177

    53 Total Sales

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Map

Source: San Diego MLS

MLS Number: 140051115

San Diego MLS

APN: 344-320-05-42

California San Diego County La Jolla 92037 La Jolla Village

8585 Via Mallorca Unit 42, La Jolla, CA

This home is located at 8585 Via Mallorca Unit 42, La Jolla, CA 92037 since 17 September 2014 and is currently estimated at $996,958, approximately $735 per square foot. This property was built in 1986. 8585 Via Mallorca Unit 42 is a home located in San Diego County with nearby schools including Torrey Pines Elementary School, Muirlands Middle School, and La Jolla High School.

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