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1340 West Muirlands Drive

1340 West Muirlands Drive, La Jolla, CA 92037
Property in La Jolla
Sold Dec 14, 2012
$2,875,000
$18,120,000 by Longbridge Financial Llc
Mortgage
Sold Nov 13, 2003
$1,835,000
$1,376,250 by Union Bank Of California Na
Mortgage Due Dec 01, 2033
1340 West Muirlands Drive in La Jolla, CA was first built in 1952 and is 72 years old. Although, the building on the property was most recently renovated and altered in 1953. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1340 West Muirlands Drive has 3,424 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 19,700 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. For those who need parking, there is a carport. 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, 1340 West Muirlands Drive sold most recently in Nov 30, 2012 for a total of $2,875,000. If you work out the math, that's approximately a cost of $839.66 per sqft. Before that, the property was also sold for $1,835,000 in Oct 24, 2003. 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 $41,636 in taxes each year. 1340 West Muirlands Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,402,868. If we break it down further, the land itself was valued at $2,722,299. Improvements to the property, however, were assessed at a total of $680,569. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1952
  • Effective Year Built: 1953
  • 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: Carport
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 19,700
  • Lot Size Frontage Feet: 1,020
  • Total Building Area: 3,424
  • Building Area: 3,424
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,424
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MUIRLANDS TERRACE
  • Land Acres: 0.452
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: BLK 1 LOT 7 TR 002532

Ownership

  • Current Owner : MACAFARLANE JOAN O
  • Current Owner 2: JOAN O MACFARLANE TRUST
  • Previous Owner : WALKER ROBERT COLEMAN
  • Previous Owner 2: RUDICK SUSAN MARCIA
  • Owner Before Previous Owner: RUDICK GERALD M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • 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: 008303

Zoning

  • Zoning: RS-1-4

Geography

  • Assessors Map Reference: 002532
  • Subdivision Tract Number: 002532
  • Parcel: 351-341-07-00
  • Block: 1
  • Lot: 7
  • Municipality: CITY OF SAN DIEGO
  • Latitude: 32.8336
  • Longitude: -117.266

    Address

  • Full Address: 1340 W Muirlands Dr
  • Address - House Number: 1340
  • Street Direction: W
  • Address - Street Name: Muirlands
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: La Jolla
  • Carrier Code: C015
  • 4-Digit Zip Code: 5507
  • Zip Code: 92037

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $41,636
  • Tax Rate Code Area: 08-001

    Appraisal Valuation

  • Standard Deviation: 0.2238
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 6,439,063
  • High Value: 7,880,614
  • Low Value: 4,997,512

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $18,120,000
  • First Open Lien Mortgage Lender: LONGBRIDGE FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Feb 07, 2022
  • First Open Lien Mortgage Loan Amount: $18,120,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,402,868
  • Assessed Land Value: $2,722,299
  • Assessed Improvements Value: $680,569

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 30, 2012
  • Current Sale Recording Date: Dec 14, 2012
  • Current Sale Transaction ID: 1066009997
  • Current Sale Price: $2,875,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2012-0786259
  • Previous Sale Recording Date: Nov 13, 2003
  • Previous Sale Contract Date: Oct 24, 2003
  • Previous Sale Amount: $1,835,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Previous Mortgages

  • Previous Mortgage Lender: UNION BANK OF CALIFORNIA NA
  • Previous Mortgage Transaction Date: Nov 13, 2003
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,376,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2033

About Northern San Diego



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Frequently Asked Questions

What neighborhood is 1340 West Muirlands Drive located in?
The 1340 West Muirlands Drive is a located in the neighborhood of La Jolla in Northern San Diego, La Jolla.
What is the average sales price for listings in 1340 West Muirlands Drive?
The average sales price for units in 1340 West Muirlands Drive is $0 currently.

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