NOT LISTED FOR SALE

Estimated Value: $2,395,522 - $2,994,000

3 Beds
2.5 Baths
1,756 Sq Ft
$1,494/Sq Ft Est. Value

Last Sold April 12, 2021

Last sale price $2,125,000 $1,210 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $16,540/month

10 Days on Market

Highlights

  • Spa
  • City Lights View
  • Wood Flooring
  • Overland Avenue Elementary School Rated A
  • Traditional Architecture
  • High Ceiling

About This Home

As of April 2021

Meticulously maintained and updated split level Traditional in coveted Cheviot location. Overlooking the treetops on Lorenzo Drive, with a peekaboo Golf Course view, this gorgeous property features a spacious formal living room, drenched with natural light, with floor to ceiling custom built-ins, classic brick fireplace and bay window looking out to a perfect stone porch with neighborhood views. The formal dining room leads to a gourmet eat-in kitchen with granite counters and abundant cabinetry. An expansive master suite boasts a perfectly appointed en-suite bath with a soaking tub, separate glass encased shower and stone tile detailing. A generous sized en-suite second bedroom and spacious den/third bedroom complete this wonderful home. A lushly landscaped outdoor living space showcases rich red brick patios, timeless brick fireplace and terraced gardens creating your own private oasis in the heart of the city.

Last Agent to Sell the Property

Rory Posin

Estate Properties License #01030819 Listed on: 01/28/2021

Co-Listed By

Kristian Bonk

Estate Properties License #01466159

Last Buyer's Agent

Kris Mooney

Nourmand & Associates-BH License #00985576

Nourmand & Associates-BH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,305

Year Built

  • Built in 1940

Lot Details

  • 7,511 Sq Ft Lot
  • Lot Dimensions are 60x125
  • Sprinkler System
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Property Views

  • City Lights
  • Golf Course
  • Trees
  • Peek-A-Boo
  • Park or Greenbelt

Home Design

  • Traditional Architecture
  • Split Level Home

Interior Spaces

  • 1,756 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Shutters
  • Custom Window Coverings
  • Blinds
  • French Doors
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Security System Owned
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Balcony
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4318-032-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,305

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1756
  • Lot Acreage: 0.1724
  • Lot Dimensions: 60x125
  • Stories: 1
  • Year Built: 1940
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Washer, Refrigerator, Range/Oven, Garbage Disposal, Hood Fan, Microwave
  • Fireplace: Yes
  • Price Per S Q F T: 1136.10
  • Windows: Window Shutters, Window Blinds, Drapes/Curtains, Custom Window Covering, French Windows

Exterior Features

  • Other Features: Balcony, French Doors, High Ceilings (9 Feet+), Sprinkler System, Rain Gutters
  • Other Structures: None
  • Pool: No
  • Spa: Bath Tub
  • Spa Yn: Yes
  • View: City Lights, Green Belt, Golf Course, Peek-A-Boo, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Attached, Garage
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Owned
  • Sewer: In Street
  • Water: In Street, District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4318-032-011
  • Lot Size Area: 7511

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Mar 9, 2021
Sold by
Gilberg Suzanne Beth and The Suzanne Gilberg Trust
Bought by
Gerst Michael Ellis and Gerst Sarah Elena
Seller's Agent
Rory Posin
Estate Properties
Buyer's Agent
Kris Mooney
Nourmand & Associates-BH
List Price
$1,995,000
Sold Price
$2,125,000
Premium/Discount to List
$130,000
6.52%
Current Estimated Value
$2,623,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$498,131
Avg. Annual Appreciation
4.41%
Original Mortgage
$1,085,000
Outstanding Balance
$980,190
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,589,601

Purchase Details

Closed on
Feb 3, 2021
Sold by
Gilberg Jonathan Jay
Bought by
Gilberg Jonathan Jay and Jjg Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,085,000
Outstanding Balance
$980,190
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,589,601

Purchase Details

Closed on
May 19, 2003
Sold by
Gilberg Lynne
Bought by
Gilberg Lynne S and Lynne S Gilberg Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2001
Sold by
Smith Robert G and Smith Claudia K
Bought by
Gilberg Lynne

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
7.21%
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
Gerst Michael Ellis $2,125,000 Commonwealth Land Title Co
Gilberg Jonathan Jay -- Accommodation
Gilberg Suzanne Beth -- Accommodation
Gilberg Jonathan Jay -- Accommodation
Gilberg Lynne S -- --
Gilberg Lynne $736,500 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerst Michael Ellis $1,085,000
Previous Owner Gilberg Lynne S $178,400
Previous Owner Gilberg Lynne $183,000
Previous Owner Gilberg Lynne $201,000
Previous Owner Gilberg Lynne $200,000
Previous Owner Gilberg Lynne $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2021 04/12/21 Sold $2,125,000 +6.5% $1,210 / Sq Ft
02/07/2021 02/07/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $1,995,000 -- $1,136 / 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 $27,305 $2,300,167 $1,840,134 $460,033
2024 $27,305 $2,255,066 $1,804,053 $451,013
2023 $26,772 $2,210,850 $1,768,680 $442,170
2022 $25,519 $2,167,500 $1,734,000 $433,500
2021 $12,045 $1,004,613 $803,723 $200,890
2020 $12,168 $994,313 $795,482 $198,831
2019 $11,684 $974,818 $779,885 $194,933
2018 $11,606 $955,705 $764,594 $191,111
2016 $11,098 $918,595 $734,904 $183,691
2015 $10,935 $904,798 $723,866 $180,932
2014 $10,973 $887,075 $709,687 $177,388
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-686036

The MLS

APN: 4318-032-011