NOT LISTED FOR SALE

Estimated Value: $3,870,090 - $4,446,000

3 Beds
2 Baths
1,695 Sq Ft
$2,442/Sq Ft Est. Value

Last Sold July 05, 2017

Last sale price $2,828,000 $1,668 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $25,533/month

13 Days on Market

Highlights

  • Coastline Views
  • Bamboo Flooring
  • No HOA
  • Franklin Elementary School Rated A+
  • Mediterranean Architecture
  • Breakfast Area or Nook

About This Home

As of July 2017

Perched above the famed college streets of Santa Monica, this classic Mid Century revels in rare vistas of the coastline and magnificent sunsets, offering an opportunity to move in or re-imagine a home upon an expansive lot. The bright living space is outfitted with a fireplace and bamboo flooring, flowing onward through glass doors into the updated chef's kitchen, boasting on-trend cabinetry and quartz counter tops. Each bedroom basks in natural light. Sidling glass doors open to a private garden that begs for leisurely afternoons. Gather and entertain at the brick-laden back patio with built-in BBQ. A quiet sanctuary within a stone's throw of the best of Santa Monica and Silicon Beach, this home actualizes the beauty of Westside living.

Last Agent to Sell the Property

David Berg

Compass License #01481236 Listed on: 06/08/2017

Compass

Co-Listed By

F. Ron Smith

Compass License #00961954

Last Buyer's Agent

David Yun

Compass License #01965361

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,877

Year Built

  • Built in 1948

Lot Details

  • 8,994 Sq Ft Lot
  • Property is zoned SMR1*

Parking

  • 2 Parking Spaces

Property Views

  • Coastline
  • City

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 1,695 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Bamboo Flooring
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Outdoor Grill
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4266-006-051

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,877

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 1695
  • Stories: 1
  • Year Built: 1948
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Bamboo
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Barbeque, Hood Fan, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1349.85

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: City, Coastline
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4266-006-051
  • Geocode Override: No
  • Lot Size Area: 8994

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2017
Closed on
Jun 22, 2017
Sold by
Watts Cynthia G
Bought by
Sorensen Stephen P and Sorensen Vanessa A
Seller's Agent
David Berg
Compass
Buyer's Agent
David Yun
Compass
List Price
$2,288,000
Sold Price
$2,828,000
Premium/Discount to List
$540,000
23.6%
Current Estimated Value
$4,138,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,310,773
Avg. Annual Appreciation
4.87%
Original Mortgage
$1,500,000
Outstanding Balance
$1,036,888
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$3,136,219

Purchase Details

Closed on
Jan 25, 2007
Sold by
Watts Cynthia G
Bought by
Watts Cynthia G and The Cynthia G Watts Separate Property Re

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,000
Interest Rate
6.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2003
Sold by
Watts Cynthia G
Bought by
Watts Cynthia G and Cynthia G Watts Separate Property Revoca

Purchase Details

Closed on
Sep 20, 2002
Sold by
Jen Andrew W and Watts Cynthia G
Bought by
Watts Cynthia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5%

Purchase Details

Closed on
Nov 16, 1994
Sold by
Heller Joseph
Bought by
Watts Cynthia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.37%
Source: Public Records

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
Sorensen Stephen P $2,828,000 Fidelity Sherman Oaks
Watts Cynthia G -- Transcontinental Title Co
Watts Cynthia G -- Transcontinental Title Co
Watts Cynthia G -- --
Watts Cynthia G -- United Title Company
Watts Cynthia G $506,818 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorensen Stephen P $200,000
Open Sorensen Stephen P $1,500,000
Previous Owner Watts Cynthia G $1,181,250
Previous Owner Watts Cynthia G $417,000
Previous Owner Watts Cynthia G $729,750
Previous Owner Watts Cynthia G $999,000
Previous Owner Watts Cynthia G $375,000
Previous Owner Watts Cynthia G $600,000
Previous Owner Watts Cynthia G $480,000
Previous Owner Watts Cynthia G $150,000
Previous Owner Watts Cynthia G $50,000
Previous Owner Watts Cynthia G $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2017 07/05/17 Sold $2,828,000 0.0% $1,668 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
06/21/2017 06/21/17 Off Market $2,828,000 -- --
06/08/2017 06/08/17 For Sale $2,288,000 -- $1,350 / 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
2025 $37,877 $3,278,237 $2,574,221 $704,016
2024 $37,877 $3,213,959 $2,523,747 $690,212
2023 $37,271 $3,150,941 $2,474,262 $676,679
2022 $36,821 $3,089,159 $2,425,748 $663,411
2021 $35,942 $3,028,588 $2,378,185 $650,403
2019 $34,708 $2,884,560 $2,307,648 $576,912
2018 $32,615 $2,828,000 $2,262,400 $565,600
2016 $8,745 $719,379 $567,565 $151,814
2015 $8,629 $708,574 $559,040 $149,534
2014 $8,517 $694,695 $548,090 $146,605
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-239002

The MLS

APN: 4266-006-051