NOT LISTED FOR SALE

Estimated Value: $8,102,000 - $27,834,904

6 Beds
8 Baths
11,545 Sq Ft
$1,556/Sq Ft Est. Value

Last Sold August 27, 2019

Last sale price $20,800,000 $1,802 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $123,115/month

62 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Infinity Pool
  • Torrey Pines Elementary School Rated A
  • Home Theater
  • Gated Parking

About This Home

As of August 2019

Razor House was named after Razor Point- fitting for a property that pays homage to a cinematic landscape where cliffs meet the infinity of the ocean. White concrete, stainless steel and glass rise in a cantilevered design, offering some of the most hypnotic panoramas of the Pacific. Nature passes through the house via floor to ceiling walls of glass. A detached guesthouse and stunning outdoor terraces, including a rooftop entertaining space.

Last Listed By

Joshua Altman

Douglas Elliman of California, Inc. License #01764587 Listed on: 06/25/2019

Douglas Elliman of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $273,910

Year Built

  • Built in 2007

Lot Details

  • 0.77 Acre Lot
  • Property is zoned R1

Property Views

  • Ocean
  • City Lights
  • Golf Course
  • Mountain
  • Hills

Home Design

  • Modern Architecture

Interior Spaces

  • 11,545 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Library
  • Home Gym

Kitchen

  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Driveway
  • Gated Parking

Pool

  • Infinity Pool
  • Spa

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Fire Pit
  • Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 342-031-16-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$273,910

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Advertising Remarks: Razor House was named after Razor Point- fitting for a property that pays homage to a cinematic landscape where cliffs meet the infinity of the ocean. White concrete, stainless steel and glass rise in a cantilevered design, offering some of the most hypnotic panoramas of the Pacific. Nature passes through the house via floor to ceiling walls of glass. A detached guesthouse and stunning outdoor terraces, including a rooftop entertaining space.
  • Living Area: 11545
  • Stories: 3
  • Year Built: 2007
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Fire Pit, Living Room, Master Bedroom
  • Flooring: Tile, Wood
  • Bedrooms: 6
  • Full Bathroom: 6
  • Half Bathroom: 2
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Garage
  • Maids Room: 1
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Refrigerator, Washer
  • Price Per S Q F T: 2165.01

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Negative Edge/Infinity Pool
  • Pool: Yes
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: City, City Lights, Golf Course, Hills, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage - 4+ Car, Gated, Subterranean
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Natural Gas

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 342-031-16-00
  • Geocode Override: No
  • Lot Size Area: 33541

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2019
Closed on
Aug 20, 2019
Sold by
9826 Lfrca Llc
Bought by
Hibbert Adriane and The Dream Estate Trust
Seller's Agent
Joshua Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Joshua Altman
Douglas Elliman of California, Inc.
List Price
$24,995,000
Sold Price
$20,800,000
Premium/Discount to List
-$4,195,000
-16.78%
Total Days on Market
62
Current Estimated Value
$17,968,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,831,548
Avg. Annual Appreciation
-3.47%
Original Mortgage
$14,560,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2011
Sold by
Gladstone Leslie T
Bought by
9826 Lfrca Llc

Purchase Details

Closed on
Feb 12, 2009
Sold by
La Jolla Jdc Properties Llc
Bought by
Cooksey Jimmy Donald

Purchase Details

Closed on
Mar 8, 2008
Sold by
Cooksey Jimmy Donald
Bought by
La Jolla Jdc Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,500,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2008
Sold by
Cooksey Jeanine M
Bought by
Cooksey Jimmy Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,500,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2007
Sold by
Cooksey Jimmy Donald
Bought by
La Jolla Jdc Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,500,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2007
Sold by
Cooksey Jeanine M
Bought by
Cooksey Jimmy Donald

Purchase Details

Closed on
Apr 10, 2006
Sold by
Cooksey Jimmy Donald
Bought by
La Jolla Jdc Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2006
Sold by
La Jolla Jdc Properties Llc
Bought by
Cooksey Jimmy Donald and Morning Glory Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2004
Sold by
Cooksey Jimmy Donald
Bought by
La Jolla Jdc Properties Llc

Purchase Details

Closed on
Apr 8, 2003
Sold by
Cooksey Jimmy Donald
Bought by
Cooksey Jimmy Donald and Morning Glory Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Interest Rate
5.6%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 4, 2001
Sold by
Cooksey Donald J
Bought by
Cooksey Jimmy Donald

Purchase Details

Closed on
Jan 27, 1998
Sold by
Thorne Roger P
Bought by
Cooksey Donald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
7.11%

Range of Values:

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Average Value
Not Available
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
Hibbert Adriane $20,800,000 First American Title Company
9826 Lfrca Llc $14,097,000 Ticor Title
Cooksey Jimmy Donald -- None Available
La Jolla Jdc Properties Llc -- Financial Title Company
Cooksey Jimmy Donald -- Ticor Title
Cooksey Jimmy Donald -- Chicago Title Company
La Jolla Jdc Properties Llc -- Financial Title Company
Cooksey Jimmy Donald -- Financial Title Company
Cooksey Jimmy Donald -- Financial Title Company
La Jolla Jdc Properties Llc -- Fidelity National Title Co
Cooksey Jimmy Donald -- Fidelity National Title
La Jolla Jdc Properties Llc -- --
Cooksey Jimmy Donald -- First American Title
Cooksey Jimmy Donald -- --
Cooksey Donald J -- --
Cooksey Donald J $1,200,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dream Estate Trust $15,000,000
Closed Hibbert Adriane $14,560,000
Previous Owner 9286 Lfrca Llc $9,600,000
Previous Owner 9826 Lfrca Llc $7,000,000
Previous Owner Cooksey Jimmy Donald $12,500,000
Previous Owner La Jolla Jdc Properties Llc $0
Previous Owner La Jolla Jdc Properties Llc $500,000
Previous Owner La Jolla Jdc Properties Llc $200,000
Previous Owner Cooksey Jimmy Donald $7,000,000
Previous Owner Cooksey Donald J $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2019 08/27/19 Sold $20,800,000 -16.8% $1,802 / Sq Ft
08/26/2019 08/26/19 Pending -- -- --
06/25/2019 06/25/19 For Sale $24,995,000 -- $2,165 / Sq Ft
Source: The 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
2024 $273,910 $22,301,801 $8,577,615 $13,724,186
2023 $267,894 $21,864,512 $8,409,427 $13,455,085
2022 $260,769 $21,435,797 $8,244,537 $13,191,260
2021 $258,984 $21,015,488 $8,082,880 $12,932,608
2020 $255,835 $20,800,000 $8,000,000 $12,800,000
2019 $200,697 $16,287,798 $1,351,178 $14,936,620
2018 $187,599 $15,968,431 $1,324,685 $14,643,746
2017 $80 $15,655,325 $1,298,711 $14,356,614
2016 $180,268 $15,348,359 $1,273,247 $14,075,112
2015 $177,602 $15,117,813 $1,254,122 $13,863,691
2014 $170,919 $14,494,219 $1,229,556 $13,264,663
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 19-478926

The MLS

APN: 342-031-16