M
Seller's Agent in 2013
Mireya Schmidt
La Jolla Cottages, Inc.
916 Genter St La Jolla, CA 92037
The Village NeighborhoodEstimated Value: $2,310,000 - $2,815,000
4
Beds
2
Baths
1,994
Sq Ft
$1,269/Sq Ft
Est. Value
Highlights
- Ocean View
- La Jolla Elementary School Rated A
- Property is Fully Fenced
About This Home
As of September 2013Excellent location in the heart of the Village, this well maintained duplex features two upgraded units with hardwood floors, remodeled bathrooms, ocean views from the upstairs unit, and a large shared sunny backyard. Stroll to La Jolla schools, Farmers Market, beaches, shops and restaurants, Both units feature 2 large bedrooms with high ceilings and one nicely remodeled bathroom, in excellent condition. Two garages and additional driveway parking, large yard and private terraces. Currently both units are rented to long term tenants, (7 plus years), and both units are very well cared for by current tenants. Potential exists for increased income if rented as fully furnished vacation rental properties, and projected vacation rental income estimates are available from professional Vacation Rental Property Management Co.: La Jolla Cottages, Inc. Ocean views from the upstairs unit living room and private terrace. Downstairs unit has access to the large patio, and both units currently share the large sunny backyard and patio. These homes are in an excellent location for proximity to La Jolla schools, one block from La Jolla Elementary School, the Sunday Farmers Market and very close to restaurants, shopping, beaches, bike trail, and Coggan Aquatic Center as well as the La Jolla Tennis Club and the Recreation Center. Possibilities are endless:long term tenants in place, convert to lucrative short term vacation rentals or use as multi-generation family occupancy. There is room for expansion, conversion or further remodeling as well.
Last Agent to Sell the Property
Mireya Schmidt
La Jolla Cottages, Inc. License #01307535 Listed on: 04/25/2013
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,853
Year Built
- Built in 1953
Lot Details
- 5,301 Sq Ft Lot
- Property is Fully Fenced
Parking
- RV Potential
Home Design
- Composition Roof
- Stucco Exterior
Interior Spaces
- 2-Story Property
- Ocean Views
Utilities
- Gravity Heating System
- Heating System Uses Natural Gas
- Separate Water Meter
- Gas Water Heater
Listing and Financial Details
- Tenant pays for sewer, trash, water, cable TV, electricity, gardener, gas/propane, hot water
- Assessor Parcel Number 351-063-15-00
Community Details
Overview
- 2 Units
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2013
Closed on
Aug 21, 2013
Sold by
In Eden Properties Llc
Bought by
Cardenas Family Investors Llc
Seller's Agent
Mireya Schmidt
La Jolla Cottages, Inc.
Buyer's Agent
Cathy Coe
Broker Associates - La Jolla
List Price
$1,450,000
Sold Price
$1,275,000
Premium/Discount to List
-$175,000
-12.07%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,256,213
Avg. Annual Appreciation
5.69%
Purchase Details
Closed on
Jan 2, 2013
Sold by
Khodapanah Tofigh and Afzali Maryam
Bought by
Eden Properties Llc
Purchase Details
Closed on
Nov 9, 2007
Sold by
Khodapanah Tofigh and Afzali Maryam
Bought by
Jasmine Enterprises Llc
Purchase Details
Closed on
Dec 18, 2002
Sold by
Zboray Richard Joseph
Bought by
Khodapanah Tofigh and Afzali Maryam
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
5.96%
Purchase Details
Closed on
Aug 17, 1999
Sold by
Zboray Marie
Bought by
Zboray Marie
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cardenas Family Investors Llc | $1,275,000 | First American Title | |
| Cardenas Family Investors Llc | $1,275,000 | First American Title | |
| Eden Properties Llc | $1,700,000 | Fidelity National Title Co | |
| Khodapanah Tofigh | -- | Fidelity National Title Co | |
| Jasmine Enterprises Llc | -- | None Available | |
| Khodapanah Tofigh | $915,000 | Chicago Title Co | |
| Zboray Marie | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Khodapanah Tofigh | $500,000 | |
| Previous Owner | Khodapanah Tofigh | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/18/2013 09/18/13 | Sold | $1,275,000 | -12.1% | $639 / Sq Ft |
| 08/16/2013 08/16/13 | Pending | -- | -- | -- |
| 04/25/2013 04/25/13 | For Sale | $1,450,000 | -- | $727 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
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 | $18,853 | $1,562,964 | $1,409,737 | $153,227 |
| 2024 | $18,853 | $1,532,319 | $1,382,096 | $150,223 |
| 2023 | $18,438 | $1,502,275 | $1,354,997 | $147,278 |
| 2022 | $17,948 | $1,472,820 | $1,328,429 | $144,391 |
| 2021 | $17,825 | $1,443,942 | $1,302,382 | $141,560 |
| 2020 | $17,609 | $1,429,137 | $1,289,028 | $140,109 |
| 2019 | $17,295 | $1,401,115 | $1,263,753 | $137,362 |
| 2018 | $16,168 | $1,373,643 | $1,238,974 | $134,669 |
| 2017 | $15,784 | $1,346,710 | $1,214,681 | $132,029 |
| 2016 | $15,534 | $1,320,305 | $1,190,864 | $129,441 |
| 2015 | $15,305 | $1,300,474 | $1,172,977 | $127,497 |
| 2014 | -- | $1,275,000 | $1,150,000 | $125,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2013
Cathy Coe
Broker Associates - La Jolla
(858) 414-5156
4 Total Sales
Map
Source: San Diego MLS
MLS Number: 130020706
APN: 351-063-15
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