NOT LISTED FOR SALE

Estimated Value: $3,222,000 - $3,617,000

3 Beds
2 Baths
1,500 Sq Ft
$2,317/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $2,645,000 $1,763 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $21,590/month

55 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Views
  • Franklin Elementary School Rated A+
  • No HOA
  • Open Patio

About This Home

As of June 2020

Welcome to one of Santa Monica's finest turn-key architectural jewel boxes. Indoor/outdoor living at its best. From the front gate, follow the curved pathway through the Zen-like landscaped front yard to an Ipe deck bordered by a lush tapestry hedge. As you enter, the interior features high ceilings & a wall of glass that draws attention to the expansive backyard. The thoughtful, open floor plan is designed with modern lifestyles in mind, & features specially milled Ipe floors throughout. Three generous-sized rooms open to Ipe decks and garden views. The huge backyard, featuring mature landscaping, is an entertainer's paradise. Play, watch outdoor movies from the round spa or chill by the built-in fire pit. A finished 2 car garage can serve as a bonus room plus Ready to Issue plans are included for 2nd-fl 500sf ADU. This private retreat is close to acclaimed Franklin Elementary & Lincoln Middle School as well as Erehwon, Whole Foods, Brentwood Country Club & Country Mart and more.

Last Agent to Sell the Property

David Solomon

Douglas Elliman of California, Inc. License #01386406 Listed on: 04/03/2020

Douglas Elliman of California, Inc.

Co-Listed By

Anna Solomon

Douglas Elliman of California, Inc. License #00850601

Last Buyer's Agent

Laura Brau

Compass License #01931500

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,585

Year Built

  • Built in 1940

Lot Details

  • 7,900 Sq Ft Lot
  • Property is zoned SMR1*

Parking

  • 2 Car Garage

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Dining Area
  • Wood Flooring
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Open Patio
  • Fire Pit

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4266-015-059

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,585

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 1500
  • Stories: 1
  • Year Built: 1940
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Fire Pit
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: In Closet
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1826.00

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Deck(s)
  • Pool: No
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4266-015-059
  • Geocode Override: No
  • Lot Size Area: 7900

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2020
Closed on
Jun 4, 2020
Sold by
Engetman Thomas and Engelman Robin
Bought by
Horn Cassidy Karen and The Cassidy Horn Living Trust
Seller's Agent
David Solomon
Douglas Elliman of California, Inc.
Buyer's Agent
Laura Brau
Compass
List Price
$2,850,000
Sold Price
$2,645,000
Premium/Discount to List
-$205,000
-7.19%
Current Estimated Value
$3,475,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$830,632
Avg. Annual Appreciation
6.60%
Original Mortgage
$1,880,000
Outstanding Balance
$1,673,820
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$2,016,284

Purchase Details

Closed on
Aug 12, 2010
Sold by
Engelman Thomas and The 1034 Harvard Trust
Bought by
Engelman Thomas and Engelman Robin

Purchase Details

Closed on
Sep 10, 2008
Sold by
Prouty Erin L and The 1034 Harvard Trust
Bought by
Engelman Thomas and The 1034 Harvard Trust

Purchase Details

Closed on
Aug 18, 2006
Sold by
Engelman Thomas and Mcgrady Robin
Bought by
Prouty Erin L and The 1034 Harvard 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
6.76%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 30, 2006
Sold by
Burch Linda and The Holt Trust
Bought by
Engelman Thomas

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
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 12, 2001
Sold by
Holt George Stephen and Holt Helen G
Bought by
Holt George S
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
Horn Cassidy Karen $2,645,000 Provident Title Company
Engelman Thomas -- None Available
Engelman Thomas -- None Available
Prouty Erin L -- None Available
Engelman Thomas $1,493,000 Southland Title Company
Holt George S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cassidy Horn Living Trust $1,200,000
Open Horn Cassidy Karen $1,880,000
Previous Owner Engelman Thomas $947,000
Previous Owner Engelman Thomas $962,000
Previous Owner Engelman Thomas $200,000
Previous Owner Prouty Erin L $200,000
Previous Owner Engelman Thomas $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2020 06/29/20 Sold $2,645,000 -3.4% $1,763 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
05/20/2020 05/20/20 Price Changed $2,739,000 -3.9% $1,826 / Sq Ft
04/03/2020 04/03/20 For Sale $2,850,000 -- $1,900 / 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 $33,585 $2,892,688 $2,314,152 $578,536
2024 $33,585 $2,835,970 $2,268,777 $567,193
2023 $33,048 $2,780,364 $2,224,292 $556,072
2022 $32,648 $2,725,848 $2,180,679 $545,169
2021 $31,867 $2,672,401 $2,137,921 $534,480
2020 $23,034 $1,906,148 $1,492,482 $413,666
2019 $22,803 $1,868,773 $1,463,218 $405,555
2018 $21,411 $1,832,131 $1,434,528 $397,603
2016 $20,646 $1,760,988 $1,378,824 $382,164
2015 $20,379 $1,734,537 $1,358,113 $376,424
2014 $20,083 $1,700,561 $1,331,510 $369,051
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-568848

The MLS

APN: 4266-015-059