NOT LISTED FOR SALE

Estimated Value: $5,716,000 - $5,894,816

5 Beds
5.5 Baths
4,345 Sq Ft
$1,338/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $4,204,582 $968 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $35,084/month

112 Days on Market

Highlights

  • Wine Cellar
  • New Construction
  • Gourmet Kitchen
  • Franklin Elementary School Rated A+
  • Heated In Ground Pool
  • Primary Bedroom Suite

About This Home

As of August 2020

Built by Thomas James Homes, this brand new home has been professionally designed, hand crafted to fit your needs, and comes with a full 10 year new home construction warranty. 5 bed, 5.5 bath custom home with pool and detached garage. Formal living and dining with fireplace, private study with French doors, wine room, guest suite, and kitchen with island, butler's pantry, walk in pantry and eat in nook. Upstairs, a tech space,laundry, and master suite with fireplace, balcony and spa like bath.

Last Agent to Sell the Property

stacy white

Compass License #01848652 Listed on: 01/16/2020

Compass

Co-Listed By

John Hathorn

Compass License #00960182

Last Buyer's Agent

Edna Ghermezian

Keller Williams Beverly Hills License #01080430

Keller Williams Beverly Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,520

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 7,868 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Property is zoned SMR1*

Parking

  • Garage

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Asphalt

Interior Spaces

  • 4,345 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • High Ceiling
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Shutters
  • Sliding Doors
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 3 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Powder Room
  • Granite Bathroom Countertops
  • Double Vanity
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

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

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Pool Cover

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Built by Thomas James Homes

Listing and Financial Details

  • Assessor Parcel Number 4266-009-055

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,520

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Builder Name: Thomas James Homes
  • Entry Location: Living Room
  • Living Area: 4345
  • Property Condition: New Construction
  • Stories: 2
  • Year Built: 2020
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Open Floor Plan, Pre-wired for high speed Data, Recessed Lighting
  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Tile, Wood
  • Appliances: Built-In BBQ, Built-Ins, Cooktop - Gas, Gas, Microwave, Range Hood
  • Bedrooms: 5
  • Fireplaces: 3
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom, Master Bedroom, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Dual Entry (Jack & Jill) Bath, Granite, Linen Closet, Powder Room, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Breakfast Nook, Dining Area, Family Room
  • Kitchen Features: Gourmet Kitchen, Island, Open to Family Room, Pantry
  • Laundry: Laundry Area, On Upper Level
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 1
  • Equipment: Barbeque, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1034.00
  • Windows: Double Pane Windows, French Windows, Skylights, Window Shutters

Exterior Features

  • Construction: Asphalt
  • Other Features: Balcony, High Ceilings (9 Feet+), Sliding Glass Doors
  • Other Structures: None
  • Fence: Privacy, Wood
  • Patio: Covered Porch, Deck(s), Patio Open
  • Pool Description: Heated, In Ground, Pool Cover, Private
  • Pool: Yes
  • Roof: Asphalt
  • Spa: Heated, In Ground, Private
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Parking Garage: Garage, Garage Is Detached

Utilities

  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central, Fireplace

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Assessor Parcel Number: 4266-009-055
  • Geocode Override: No
  • Lot Size Area: 7868

Multi Family

  • Number Of Units: 0

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2022
Sold by
Ernesto Ghermezian and Ernesto Daniel
Bought by
Ghermezian Magallanes Trust
Current Estimated Value
$5,814,704

Purchase Details

Listed on
Jan 16, 2020
Closed on
Jul 7, 2020
Sold by
Tjc Home Builders Fund V Llc
Bought by
Ghermezian Raymond and Magallanes Daniel Ernesto
Seller's Agent
stacy white
Compass
Buyer's Agent
Edna Ghermezian
Keller Williams Beverly Hills
List Price
$4,495,000
Sold Price
$4,204,582
Premium/Discount to List
-$290,418
-6.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
Original Mortgage
$2,943,208
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2018
Sold by
Wang Minchi
Bought by
Tjc Home Builders Fund V Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,516,117
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 29, 2016
Sold by
Shen Allen K
Bought by
Shen Allen Kuolun and Chung Chongli Edith

Purchase Details

Closed on
Jul 13, 2000
Sold by
Wang Minchi and Chung Chong Chia
Bought by
Wang Minchi and Chung Chong Chia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
8.3%

Purchase Details

Closed on
May 1, 1996
Sold by
Braunstein Hans
Bought by
Wang Minchi and Chung Chong Chia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.4%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ghermezian Magallanes Trust -- None Listed On Document
Ghermezian Raymond $4,205,000 Fidelity National Title Co
Tjc Home Builders Fund V Llc $2,150,000 Fidelity National Title Com
Shen Allen Kuolun -- None Available
Wang Minchi -- United Title Company
Wang Minchi $380,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ghermezian Raymond $2,943,208
Previous Owner Tjc Home Builders Fund V Llc $2,516,117
Previous Owner Wang Minchi $415,000
Previous Owner Wang Minchi $265,000
Previous Owner Wang Minchi $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $4,204,582 -6.5% $968 / Sq Ft
05/07/2020 05/07/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $4,495,000 0.0% $1,035 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $4,495,000 +109.1% $1,035 / Sq Ft
06/15/2018 06/15/18 Sold $2,150,000 -5.7% $1,569 / Sq Ft
02/23/2018 02/23/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $2,280,000 -- $1,664 / 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 $52,520 $4,551,191 $3,367,229 $1,183,962
2024 $52,520 $4,461,953 $3,301,205 $1,160,748
2023 $51,685 $4,374,465 $3,236,476 $1,137,989
2022 $51,071 $4,288,692 $3,173,016 $1,115,676
2021 $49,852 $4,204,600 $3,110,800 $1,093,800
2020 $26,891 $2,236,860 $1,789,488 $447,372
2019 $26,624 $2,193,000 $1,754,400 $438,600
2018 $10,576 $874,655 $766,875 $107,780
2016 $10,185 $840,694 $737,098 $103,596
2015 $10,051 $828,067 $726,027 $102,040
2014 $9,917 $811,848 $711,806 $100,042
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-542268

The MLS

APN: 4266-009-055