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1245 Virginia Way

1245 Virginia Way, La Jolla, CA 92037
Property in Village
Sold Apr 02, 2021
$1,890,000
$1,200,000 by Morgan Stanley Private Bank Na
Mortgage Due May 01, 2051
1245 Virginia Way has been categorized by the local assessors in La Jolla, CA as a residential type of property. The building on the property was first built in 1980 and is 44 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1245 Virginia Way has 2,106 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,662 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1245 Virginia Way sold most recently in Feb 25, 2021 for a total of $1,890,000. If you work out the math, that's approximately a cost of $897.44 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,809 in taxes each year. 1245 Virginia Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $961,180. If we break it down further, the land itself was valued at $814,120. Improvements to the property, however, were assessed at a total of $147,060. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,662
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,106
  • Gross Building Area: 2,106
  • Building Area: 2,106
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,106
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLA TRINIDAD
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: BLK 76 LOT 7 TR 000976

Ownership

  • Current Owner : CONDON TIMOTHY R
  • Current Owner 2: CONDON CYNTHIA D
  • Previous Owner : 1245 INVESTMENTS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Diego City Unified School District
  • School Tax School District: SAN DIEGO CITY
  • Census Tract: 008201

Zoning

  • Zoning: RS-1-7

Geography

  • Assessors Map Reference: 000976
  • Subdivision Tract Number: 000976
  • Parcel: 350-501-07-00
  • Block: 76
  • Lot: 7
  • Municipality: CITY OF SAN DIEGO
  • Latitude: 32.8432
  • Longitude: -117.27

    Address

  • Full Address: 1245 Virginia Way
  • Address - House Number: 1245
  • Address - Street Name: Virginia
  • Address - Suffix Type: Way
  • State: CA
  • City Name: La Jolla
  • Carrier Code: C065
  • 4-Digit Zip Code: 5231
  • Zip Code: 92037

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,809
  • Tax Rate Code Area: 08-001

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 78
  • Final Value: 2,221,504
  • High Value: 2,594,793
  • Low Value: 1,848,215

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Apr 02, 2021
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $961,180
  • Assessed Land Value: $814,120
  • Assessed Improvements Value: $147,060

    Sales

  • Current Sale Contract Date: Feb 25, 2021
  • Current Sale Recording Date: Apr 02, 2021
  • Current Sale Transaction ID: 11827997714
  • Current Sale Price: $1,890,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0255569

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Mortgage Transaction Date: Apr 02, 2021
  • First Mortgage Loan Amount: $1,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

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Frequently Asked Questions

What neighborhood is 1245 Virginia Way located in?
The 1245 Virginia Way is a located in the neighborhood of Village in Northern San Diego, La Jolla.
What is the average sales price for listings in 1245 Virginia Way?
The average sales price for units in 1245 Virginia Way is $0 currently.

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