NOT LISTED FOR SALE

Estimated Value: $3,140,000 - $3,786,000

3 Beds
1.5 Baths
1,296 Sq Ft
$2,591/Sq Ft Est. Value

Last Sold April 19, 2022

Last sale price $3,200,000 $2,469 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $21,013/month

9 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 2 Car Attached Garage
  • Franklin Elementary School Rated A+
  • No HOA
  • Open Patio

About This Home

As of April 2022

First time on the market in over 80 years! This charming, single-story traditional home features 3 beds, 1.5 baths, a 2-car garage and spacious flat lot. Develop or extensively renovate. Moments from Montana Ave., Wilshire Blvd. and all the best that Santa Monica has to offer. First showings Saturday March 19th 2:00-4:00PM and Sunday March 20th from 2:00-5:00PM.

Last Agent to Sell the Property

Elizabeth Puro

Douglas Elliman of California, Inc. License #00908563 Listed on: 03/17/2022

Douglas Elliman of California, Inc.

Co-Listed By

Robert Puro

Douglas Elliman of California, Inc. License #02047990

Last Buyer's Agent

Alexander Santaniello

Compass License #02114768

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,328

Year Built

  • Built in 1941

Lot Details

  • 7,880 Sq Ft Lot
  • Lot Dimensions are 50x158
  • Property is zoned SMR1*

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,296 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Open Patio

Utilities

  • Gravity Heating System
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4266-009-044

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,328

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1296
  • Lot Acreage: 0.1809
  • Lot Dimensions: 50x158
  • Stories: 1
  • Year Built: 1941
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Carpet
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1925.15

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Garage Is Detached, Garage
  • Total Parking: 2

Utilities

  • Heating: Gravity
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4266-009-044
  • Lot Size Area: 7880

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Apr 6, 2022
Sold by
Festa Family Trust
Bought by
Koh David
Seller's Agent
Elizabeth Puro
Douglas Elliman of California, Inc.
Buyer's Agent
Alexander Santaniello
Compass
List Price
$2,495,000
Sold Price
$3,200,000
Premium/Discount to List
$705,000
28.26%
Current Estimated Value
$3,358,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,556
Avg. Annual Appreciation
2.61%
Original Mortgage
$2,560,000
Outstanding Balance
$2,400,599
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$1,094,064

Purchase Details

Closed on
Jul 22, 2015
Sold by
Festa Lena
Bought by
Festa Lena and Festa Family Trust

Purchase Details

Closed on
Jan 24, 1999
Sold by
Festa Chester Co Tr Festa Trust
Bought by
Festa Lena and The Festa Family Trust
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
Koh David $3,200,000 Lawyers Title
Festa Lena -- None Available
Festa Lena -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koh David $2,560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2022 04/19/22 Sold $3,200,000 +28.3% $2,469 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $2,495,000 -- $1,925 / 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 $39,328 $3,395,865 $2,716,692 $679,173
2024 $39,328 $3,329,280 $2,663,424 $665,856
2023 $38,701 $3,264,000 $2,611,200 $652,800
2022 $2,864 $173,674 $126,115 $47,559
2021 $2,325 $170,270 $123,643 $46,627
2020 $2,308 $168,525 $122,376 $46,149
2019 $2,285 $165,222 $119,977 $45,245
2018 $2,021 $161,983 $117,625 $44,358
2016 $1,932 $155,695 $113,058 $42,637
2015 $1,906 $153,357 $111,360 $41,997
2014 $1,893 $150,354 $109,179 $41,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-135653

The MLS

APN: 4266-009-044