NOT LISTED FOR SALE

Estimated Value: $4,737,000 - $6,316,000

5 Beds
4.5 Baths
4,510 Sq Ft
$1,205/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $4,450,000 $987 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $32,437/month

18 Days on Market

Highlights

  • Ocean View
  • Living Room with Fireplace
  • Wood Flooring
  • Franklin Elementary School Rated A+
  • Traditional Architecture
  • Great Room

About This Home

As of September 2022

One of the best buys in Santa Monica. This perfectly situated 4,500sqft traditional home on an oversized 9k sqft lot is incredible for any buyer. As you enter through the main floor, you are welcomed by a foyer that leads into the open concept floor plan. With treetop views all the way to the ocean, the living room and dining room pour out onto a large balcony perfect for entertaining and enjoying the views and watching the sunset. The chef's kitchen features a large center island with seating, large pantry, stainless steel appliances, and a hidden sliding door leading you to a staircase down for quick access to the lower level. The oversized primary bedroom is located on the main level, featuring sliding doors that lead out to a private balcony, large closet, an updated bathroom with dual vanities, large whirlpool tub, and glass enclosed shower. Down the hallway is a secondary bedroom, perfect for an at home office. Downstairs on the lower level you will find a massive living room with an attached kitchenette perfect for entertaining plenty of guests. There are also 3 guest bedrooms, one en-suite with private access, and the other two that mirror the bedrooms above. The bottom level acts as a complete bonus room perfect for a gym, game room, or office. Here you will also find the laundry room, full bathroom, as well as a massive 945 SQFT storage room. The expansive backyard is surrounded by lush green trees for added privacy, and features a huge grassy area, plenty of room for a pool, and large cement area with plenty of seating area perfect for hosting any gathering. Soak in the panoramic views of Santa Monica and beyond or relax beneath the stars on the rooftop terrace. The home also features a 2-car garage, driveway space to accommodate another 4 cars, and an elevator that stops on every floor. Centrally located just minutes away from the Beach, Brentwood Country Mart, Brentwood Country Club, and all the amazing shops and dining that Santa Monica has to offer. Don't miss out on this truly amazing home! Incredible value in the Franklin School District.

Last Agent to Sell the Property

Bjorn Farrugia

Carolwood Estates License #01864250 Listed on: 07/21/2022

Carolwood Estates

Last Buyer's Agent

Alphonso Lascano

Carolwood Estates License #01723550

Carolwood Estates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 9,089 Sq Ft Lot
  • Property is zoned SMR1*

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • City Lights

Home Design

  • Traditional Architecture

Interior Spaces

  • 4,510 Sq Ft Home
  • 3-Story Property
  • Entryway
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Powder Room

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4266-006-039

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

9,089 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 4510
  • Lot Acreage: 0.2087
  • Stories: 3
  • Year Built: 1948
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 885.81

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4266-006-039
  • Lot Size Area: 9089

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2023
Sold by
Nabavi Reza and Akbar Maryam
Bought by
Lc Forever Llc
Current Estimated Value
$5,432,310

Purchase Details

Listed on
Jul 21, 2022
Closed on
Aug 10, 2022
Sold by
Martinson Family Trust
Bought by
Nabavi Reza and Akbar Maryam
Seller's Agent
Bjorn Farrugia
Carolwood Estates
Buyer's Agent
Alphonso Lascano
Carolwood Estates
List Price
$3,995,000
Sold Price
$4,450,000
Premium/Discount to List
$455,000
11.39%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$2,499,999
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2012
Sold by
Cheung Wendy G H
Bought by
Martinson Harold G and Martinson Sara W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2004
Sold by
Cheung Lai Kuen Lui
Bought by
Cheung Lai Kuen Lui

Purchase Details

Closed on
Dec 10, 2002
Sold by
Cheung Wai Ngok and Cheung Lai Kuen Lui
Bought by
Cheung Wai Ngok

Purchase Details

Closed on
Sep 11, 1995
Sold by
Harvey Fred
Bought by
Cheung Wai Ngok
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lc Forever Llc -- None Listed On Document
Nabavi Reza $4,450,000 Fidelity National Title
Martinson Harold G $1,969,000 Fidelity National Title Co
Cheung Lai Kuen Lui -- --
Cheung Wai Ngok -- United
Cheung Wai Ngok $810,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nabavi Reza $2,499,999
Previous Owner Martinson Harold G $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2022 09/30/22 Sold $4,450,000 +11.4% $987 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $3,995,000 +102.9% $886 / Sq Ft
05/25/2012 05/25/12 Sold $1,968,888 -1.1% $584 / Sq Ft View Prior Sale
02/03/2012 02/03/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $1,989,888 -- $590 / Sq Ft
Source: The MLS

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 $53,429 $5,110,200 $3,774,000 $1,336,200
2024 $53,429 $4,539,000 $3,060,000 $1,479,000
2023 $52,580 $4,450,000 $3,000,000 $1,450,000
2022 $7,449 $553,248 $142,898 $410,350
2021 $7,224 $542,401 $140,097 $402,304
2019 $7,092 $526,315 $135,943 $390,372
2018 $6,625 $515,996 $133,278 $382,718
2016 $3,464 $248,301 $128,103 $120,198
2015 $3,416 $244,572 $126,179 $118,393
2014 $3,386 $239,782 $123,708 $116,074
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-176425

The MLS

APN: 4266-006-039

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