NOT LISTED FOR SALE

Estimated Value: $2,949,000 - $4,024,000

4 Beds
3 Baths
1,841 Sq Ft
$1,832/Sq Ft Est. Value

Last Sold September 17, 2020

Last sale price $2,360,000 $1,282 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $20,863/month

21 Days on Market

Highlights

  • City View
  • Midcentury Modern Architecture
  • Wood Flooring
  • Franklin Elementary School Rated A+
  • Living Room with Fireplace
  • No HOA

About This Home

As of September 2020

Perched on a beautiful knoll, this mid-century modern home with tree-line, mountain and city views. Tremendous potential to reimagine or build new in a prime location in Santa Monica. The living room features a fireplace as well as large windows overlooking both the front and back of the property. The principle suite includes attached bath with tub and shower. The home features three additional bedrooms and has a total of four bathrooms. The kitchen has been refreshed with stainless steel appliances and white cabinetry. A generously sized dining room features built-ins and direct access to back patio. Other features include central air, 2-car garage, separate laundry room with front loading washer & dryer. This lovely home is moments from all Santa Monica has to offer.

Last Agent to Sell the Property

Rochelle Maize

Nourmand & Associates-BH License #01365331 Listed on: 07/29/2020

Nourmand & Associates-BH

Last Buyer's Agent

Steven Moritz

Sotheby's International Realty License #00928961

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,803

Year Built

  • Built in 1953

Lot Details

  • 9,043 Sq Ft Lot
  • Property is zoned SMR1*

Property Views

  • City
  • Mountain

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,841 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Driveway

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4266-002-060

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,803

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 1841
  • Lot Acreage: 0.2076
  • Stories: 1
  • Year Built: 1953
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Washer, Dryer, Dishwasher
  • Price Per S Q F T: 1357.96

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City, Tree Top, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Driveway, Private Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4266-002-060
  • Lot Size Area: 9043

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Aug 14, 2020
Sold by
Mathews Margaret Mills and Trust For Warren And Joyce Mat
Bought by
Foroughi Farid and Foroughi Jan Katharine
Seller's Agent
Rochelle Maize
Nourmand & Associates-BH
Buyer's Agent
Steven Moritz
Sotheby's International Realty
List Price
$2,500,000
Sold Price
$2,360,000
Premium/Discount to List
-$140,000
-5.6%
Current Estimated Value
$3,372,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,012,950
Avg. Annual Appreciation
7.51%
Original Mortgage
$1,770,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2019
Sold by
Mathews Warren E and Mathews Joyce W
Bought by
Mathews Joyce W and Mathews Warren E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Foroughi Farid $2,360,000 First American Title
Mathews Joyce W -- Clearmark Title
Mathews Warren E -- Clearmark Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foroughi Farid $1,770,000
Previous Owner Mathews Warren E $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2020 09/17/20 Sold $2,360,000 -5.6% $1,282 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $2,500,000 0.0% $1,358 / Sq Ft
07/09/2019 07/09/19 Rented $8,500 0.0% --
05/07/2019 05/07/19 For Rent $8,500 -- --
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
2025 $29,803 $2,554,538 $1,786,012 $768,526
2024 $29,803 $2,504,450 $1,750,993 $753,457
2023 $29,327 $2,455,344 $1,716,660 $738,684
2022 $28,969 $2,407,200 $1,683,000 $724,200
2021 $28,271 $2,360,000 $1,650,000 $710,000
2020 $3,062 $198,123 $138,074 $60,049
2019 $3,021 $194,239 $135,367 $58,872
2018 $2,375 $190,431 $132,713 $57,718
2016 $2,655 $183,038 $127,560 $55,478
2015 $2,239 $180,289 $125,644 $54,645
2014 $2,221 $176,758 $123,183 $53,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-610904

The MLS

APN: 4266-002-060