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An architecturally innovative home at 702 Jersey Court, Mission Beach, formerly owned by the late Union-Tribune owner David Copley, has sold for $3.85 million, according to county and Redfin.com records. It had been listed at $4.495 million. The home is 3,496 square feet with three bedrooms and three and a half baths. The date of sale was May 1. The buyer is Jevin Sackett, chief executive officer of Settlement One, and co-founder of its predecessor company, National Mortgage Reporting. The company provides mortgage, banking, credit, and property valuation assistance in the real estate industry.

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Comments

gekko May 5, 2013 @ 2:56 p.m.

Don,

I wonder what Michael Copley thinks about this? You probably can't print his comment. I know how Helen treated Jim's children.

Gekko

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Don Bauder May 5, 2013 @ 3:16 p.m.

Gekko: Jim Copley's children by his first marriage -- Michael is one of them -- got a big settlement decades ago. But I don't think they were satisfied. Best, Don Bauder

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Visduh May 5, 2013 @ 8:40 p.m.

How nice it is that these residential properties of the late David Copley are coming to market in an "up" cycle of housing. Oh, there may be plenty up unrealized potential value, but for a change the late David is not selling at the bottom. (That's what happened when he unloaded the U-T.) For most of us the notion that any home in Mission Beach is worth more than $3 million seems outrageous. But that's life in "Sandy Eggo."

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Don Bauder May 5, 2013 @ 9:19 p.m.

Visduh: Platinum Equity bought the U-T for a bit over $50 million at a time when publicly traded newspaper stocks were only moderately off their lows. However, the U-T under Copley ownership did sell its Illinois and Ohio papers earlier at the peak of the market. Another point is that while San Diego residential prices have been rising sharply recently, they are still down more than 30% from their late 2005 and early 2006 highs. Best, Don Bauder

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tomjohnston May 6, 2013 @ 9:57 a.m.

Don Bauder

It's 702 Jersey Ct, San Diego, not Mission Beach. And instead of a link to redfin, you could have taken an extra few seconds and instead, posted a link to the specific Refin page for the home. Or maybe even a pic of that "architecturally innovative home". LOL http://www.redfin.com/CA/San-Diego/702-Jersey-Ct-92109/home/5184685

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Don Bauder May 6, 2013 @ 12:05 p.m.

tomjohnston: You have enlightened our readers by posting the photo. Best, Don Bauder

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Don Bauder May 6, 2013 @ 12:04 p.m.

tomjohnston: It probably would have been helpful to post a photo of this unsual home. Thanks for posting the link. Best, Don Bauder

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dorod May 6, 2013 @ noon

Is the lot just south of this one also owned by Copley? I notice that nothing is built there, tremendously improving the view from the "Copley Pad"

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Don Bauder May 6, 2013 @ 12:06 p.m.

dorod: I don't know the answer to that question. Best, Don Bauder

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Burwell May 6, 2013 @ 7:02 p.m.

Jevin Sackett appears to be one of the thousands of County residents who possess great wealth, but are largely invisible to the public. According to LasVegas Blockshopper, one Jevin Sackett purchased a condo in Las Vegas in 2007 for $3.2 million. According to Zillow, the condo is now worth half that amount. I hope the Mission Beach property works out for him.

http://www.zillow.com/homedetails/2700-Las-Vegas-Blvd-S-UNIT-4303-Las-Vegas-NV-89109/79870725_zpid/

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Don Bauder May 7, 2013 @ 6:20 a.m.

Burwell: And Sackett is supposed to be an expert in real estate. Great sleuthing. Best, Don Bauder

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woody8 May 31, 2013 @ 4:31 p.m.

Jevin Sackett is not exactly a "real estate expert". His father started the companies and now Jevin runs them as his father is semi-retired. He has closed down a title company and two escrow companies in the past couple of years. Very wealthy family from Ford Motor Company money; great grandfather was first president of Ford.

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