NOT LISTED FOR SALE

1060 Franklin St Santa Monica, CA 90403

Northeast Neighborhood

Estimated Value: $3,637,926 - $4,284,000

4 Beds
2.5 Baths
2,630 Sq Ft
$1,489/Sq Ft Est. Value

Last Sold August 07, 2013

Last sale price $1,950,000 $741 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $25,189/month

11 Days on Market

Highlights

  • Detached Guest House
  • City Lights View
  • Den
  • Franklin Elementary School Rated A+
  • Traditional Architecture
  • 3 Car Attached Garage

About This Home

As of August 2013

Franklin Hill area. Great family home. 1st time on market in almost 50 years! Large level back yard. Guest house. Needs TLC. Has not been updated. Santa Monica School district. North of Wilshire. Great opportunity to remodel or great location to build new. Guest house not counted in bedroom count.

Last Agent to Sell the Property

William Dawson

Sullivan-Dituri Co.Realtors License #01059814 Listed on: 05/18/2013

Last Buyer's Agent

William Dawson

Sullivan-Dituri Co.Realtors License #01059814 Listed on: 05/18/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,813

Year Built

  • Built in 1957

Lot Details

  • 10,459 Sq Ft Lot
  • Property is zoned SMR1*

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,630 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Den
  • City Lights Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Additional Features

  • Open Patio
  • Detached Guest House
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 4266-006-065

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,813

Year Built

Built in 1957

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2630
  • Stories: 2
  • Year Built: 1957
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Ceramic Tile, Tile
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, On Upper Level
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Range/Oven, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 872.62

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Attached, Door Opener, Garage - 3 Car
  • Total Parking: 3

Utilities

  • Heating: Forced Air

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4266-006-065
  • Geocode Override: No
  • Lot Size Area: 10459

Multi Family

  • Number Of Units: 1

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2013
Closed on
Jun 24, 2013
Sold by
Schartz Peter J
Bought by
Norman Daniel and Norman Elana Y
Seller's Agent
William Dawson
Sullivan-Dituri Co.Realtors
Buyer's Agent
William Dawson
Sullivan-Dituri Co.Realtors
List Price
$2,295,000
Sold Price
$1,950,000
Premium/Discount to List
-$345,000
-15.03%
Current Estimated Value
$4,177,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,227,237
Avg. Annual Appreciation
5.98%
Original Mortgage
$975,000
Outstanding Balance
$711,255
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$3,204,977

Purchase Details

Closed on
Oct 5, 2010
Sold by
Schartz Peter J and Peter J Jr & Varta Schartz Tru
Bought by
Schartz Peter J and Peter J Jr & Varta Schartz Trust
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
Norman Daniel $1,940,019 Usa National Title Co
Schartz Peter J -- None Available
Schartz Peter J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norman Daniel $975,000
Previous Owner Schartz Peter J $359,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2013 08/07/13 Sold $1,950,000 -15.0% $741 / Sq Ft
05/29/2013 05/29/13 Pending -- -- --
05/18/2013 05/18/13 For Sale $2,295,000 -- $873 / 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 $27,813 $2,378,163 $1,902,533 $475,630
2024 $27,813 $2,331,533 $1,865,229 $466,304
2023 $27,369 $2,285,817 $1,828,656 $457,161
2022 $27,033 $2,240,998 $1,792,800 $448,198
2021 $26,373 $2,197,058 $1,757,648 $439,410
2019 $25,932 $2,131,894 $1,705,516 $426,378
2018 $24,329 $2,090,093 $1,672,075 $418,018
2016 $23,445 $2,008,935 $1,607,148 $401,787
2015 $23,142 $1,978,760 $1,583,008 $395,752
2014 $22,804 $1,940,000 $1,552,000 $388,000
Source: Public Records

Agents Affiliated with this Home

  • William Dawson

    Seller's Agent in 2013

    William Dawson

    Sullivan-Dituri Co.Realtors

    (310) 428-0951

    2 in this area

    17 Total Sales

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Map

Source: The MLS

MLS Number: 13-673541

The MLS

APN: 4266-006-065

California Los Angeles County Santa Monica 90403 Northeast

1060 Franklin St, Santa Monica, CA

This home is located at 1060 Franklin St, Santa Monica, CA 90403 since 18 May 2013 and is currently estimated at $3,916,232, approximately $1,489 per square foot. This property was built in 1957. 1060 Franklin St is a home located in Los Angeles County with nearby schools including Franklin Elementary School, Lincoln Middle School, and Santa Monica High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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