NOT LISTED FOR SALE

Estimated Value: $3,201,621 - $3,410,000

3 Beds
2 Baths
1,898 Sq Ft
$1,738/Sq Ft Est. Value

Last Sold September 24, 2024

Last sale price $3,166,888 $1,669 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $19,770/month

12 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Home Office
  • Franklin Elementary School Rated A+
  • No HOA
  • 3 Car Attached Garage

About This Home

As of September 2024

This charming traditional home sited on a large lot, has been updated for a modern lifestyle while retaining many of the original details including wood floors and crown moldings. The gourmet kitchen, with a center island, stainless steel appliances, and granite countertops, has ample cabinets. Adjacent to the kitchen is a room currently used as an office, but also ideal as a playroom, or breakfast nook. The primary bedroom suite has a walk-in closet and a bathroom with separate tub/ shower, dual sinks. The formal dining room is a perfect place for entertaining during the holidays, or relaxing with friends. The living room features a fireplace and a bay window. Two additional bedrooms complete the floorplan for this special single level home. There is a two car detached garage, stackable laundry closet, and central A/C. Located in the Franklin School District and minutes away from Whole Foods and Erewhon. Take a break after a hectic day, and head to the beach or dinner on Montana Ave at one of the many restaurants. Enjoy all that Santa Monica has to offer.

Last Agent to Sell the Property

Melissa Alt

Douglas Elliman of California, Inc. License #01019836 Listed on: 08/16/2024

Douglas Elliman of California, Inc.

Co-Listed By

Betsy Smith

Douglas Elliman of California, Inc. License #02052555

Last Buyer's Agent

Janet Heinzle

Douglas Elliman of California, Inc. License #02080077

Douglas Elliman of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,941

Year Built

  • Built in 1936

Lot Details

  • 7,876 Sq Ft Lot
  • Lot Dimensions are 50x158
  • Property is zoned SMR1*

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 1,898 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Home Office

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • 1 Open Parking Space

Outdoor Features

  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4266-015-065

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,941

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1898
  • Lot Acreage: 0.1808
  • Lot Dimensions: 50x158
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1936
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood, Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Refrigerator, Range/Oven, Washer, Dryer, Garbage Disposal
  • Fireplace: Yes
  • Price Per S Q F T: 1711.28

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Porch - Front
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 1
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Garage Is Detached
  • Total Parking: 3

Utilities

  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4266-015-065
  • Lot Size Area: 7876

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Sep 10, 2024
Sold by
Chang Joon Koo and Chang Family Trust
Bought by
Board Monahan Trust and Board
Seller's Agent
Melissa Alt
Douglas Elliman of California, Inc.
Buyer's Agent
Janet Heinzle
Douglas Elliman of California, Inc.
List Price
$3,248,000
Sold Price
$3,166,888
Premium/Discount to List
-$81,112
-2.5%
Views
19
Current Estimated Value
$3,299,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,517
Avg. Annual Appreciation
5.26%
Original Mortgage
$2,533,510
Outstanding Balance
$2,513,830
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$785,575

Purchase Details

Closed on
Aug 3, 2005
Sold by
Chang Joon Koo and Chang Hea Sook
Bought by
Chang Joon Koo

Purchase Details

Closed on
Feb 28, 2005
Sold by
Chang Joon Koo and Chang Hea Sook
Bought by
Chang Joon Koo

Purchase Details

Closed on
Aug 27, 2003
Sold by
Chang Joon Koo and Chang Hea Sook
Bought by
Chang Hea Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$748,500
Interest Rate
5.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 18, 2003
Sold by
Schartz Peter J and Schartz Varta
Bought by
Chang Joon Koo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$748,500
Interest Rate
5.6%
Mortgage Type
Seller Take Back
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
Board Monahan Trust $3,167,000 Lawyers Title Company
Chang Joon Koo -- --
Chang Joon Koo -- --
Chang Hea Sook -- --
Chang Joon Koo $998,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Board Monahan Trust $2,533,510
Previous Owner Chang Joon Koo $748,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2024 09/24/24 Sold $3,166,888 -2.5% $1,669 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $3,248,000 0.0% $1,711 / Sq Ft
06/12/2019 06/12/19 Rented $7,700 -3.8% --
04/16/2019 04/16/19 For Rent $8,000 +4.6% --
05/16/2018 05/16/18 Rented $7,650 0.0% --
05/04/2018 05/04/18 Price Changed $7,650 -4.4% $4 / Sq Ft
03/19/2018 03/19/18 For Rent $8,000 +6.7% --
03/21/2016 03/21/16 Rented $7,500 0.0% --
03/17/2016 03/17/16 Price Changed $7,500 -4.5% $4 / Sq Ft
01/11/2016 01/11/16 For Rent $7,850 +12.1% --
12/09/2014 12/09/14 Rented $7,000 -8.5% --
12/09/2014 12/09/14 Under Contract -- -- --
10/31/2014 10/31/14 For Rent $7,650 +2.0% --
05/01/2013 05/01/13 Rented $7,500 0.0% --
04/25/2013 04/25/13 Under Contract -- -- --
04/16/2013 04/16/13 For Rent $7,500 -- --
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
2024 $17,941 $1,475,921 $1,112,896 $363,025
2023 $17,654 $1,446,982 $1,091,075 $355,907
2022 $17,430 $1,418,611 $1,069,682 $348,929
2021 $16,994 $1,390,796 $1,048,708 $342,088
2019 $16,707 $1,349,546 $1,017,603 $331,943
2018 $15,678 $1,323,085 $997,650 $325,435
2016 $15,105 $1,271,710 $958,911 $312,799
2015 $14,908 $1,252,609 $944,508 $308,101
2014 $14,699 $1,228,073 $926,007 $302,066
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-426747

The MLS

APN: 4266-015-065