NOT LISTED FOR SALE

Estimated Value: $3,107,893 - $3,585,000

3 Beds
3 Baths
2,840 Sq Ft
$1,154/Sq Ft Est. Value

Last Sold March 20, 2024

Last sale price $3,005,000 $1,058 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $20,871/month

19 Days on Market

Highlights

  • In Ground Pool
  • Midcentury Modern Architecture
  • Wood Flooring
  • Roscomare Road Elementary Rated A
  • Living Room with Fireplace
  • No HOA

About This Home

As of March 2024

Attention Owner/Users and Developers! The Bel Air Fixer Property you have been waiting for with endless possibilities for remodel/expansion or new construction with 2nd story view potential. Offered for the first time in 55+ years, this 3 bed/3 bath Mid-Century on prime corner lot on desired tucked away Somera Road. Spacious single level 2,800+sf interior on 11,000+sf with enormous flat backyard with a one-of-a-kind, oversized beautiful sparkling pool, mature trees and private landscape. Ideal spacious floor plan with double doors opening to formal entry, living room with 2 large picture windows overlooking treetop views & rock-finished fireplace. Separate step-down formal dining room with parquet hardwood floors, spacious kitchen with breakfast room area. Family room off back of the home with a nostalgic "back in style" sunken family room with corner fireplace, built-in bar, all opening with sliding door to brick patio, pool & grassy backyard. Front facing large primary suite with multiple closets and tile primary full bath with soaking tub and shower. 2 additional bedrooms, one opening to the backyard, both sharing a tiled 3/4 bath in hallway. Additional features include direct access garage, laundry room off kitchen, 3rd bathroom opening to backyard ideal for pool access. Trust sale, no court confirmation. Property sold AS IS Condition. Bring your contractor and designer to this very special offering, you won't be disappointed!

Last Agent to Sell the Property

Chad Lund

Douglas Elliman License #00998185 Listed on: 01/25/2024

Douglas Elliman

Co-Listed By

Patty Best

Douglas Elliman License #01371145

Last Buyer's Agent

Kyle Eisenhart

Rodeo Realty License #01879198

Rodeo Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,148

Year Built

  • Built in 1962

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 96x120
  • Property is zoned LARE20

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,840 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bar
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Oven or Range
  • Property Views

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Driveway

Outdoor Features

  • In Ground Pool
  • Open Patio

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4369-031-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,148

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2840
  • Lot Acreage: 0.2569
  • Lot Dimensions: 96x120
  • Stories: 1
  • Year Built: 1962
  • Number Of Photos: 53
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Carpet, Mixed
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Range/Oven, Refrigerator, Washer, Dryer
  • Price Per S Q F T: 1003.52

Exterior Features

  • Other Structures: None
  • Pool Description: Private
  • Pool: Yes
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Driveway, Garage - 2 Car, Direct Entrance
  • Total Parking: 2

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4369-031-003
  • Lot Size Area: 11189

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Feb 15, 2024
Sold by
Reich Residual Trust
Bought by
Veale Jeffrey L
Seller's Agent
Chad Lund
Douglas Elliman
Buyer's Agent
Kyle Eisenhart
Rodeo Realty
List Price
$2,850,000
Sold Price
$3,005,000
Premium/Discount to List
$155,000
5.44%
Views
74
Current Estimated Value
$3,277,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,723
Avg. Annual Appreciation
6.31%
Original Mortgage
$2,554,250
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2014
Sold by
Reich Mildred R
Bought by
Reich Mildred R and The Mildred R Reich Inter Vivo

Purchase Details

Closed on
Nov 12, 1993
Sold by
Reich William W and Reich Mildred R
Bought by
Reich Willy Wolfgang and Reich Mildred R
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
Veale Jeffrey L $3,005,000 Stewart Title
Reich Mildred R -- None Available
Reich Mildred R -- None Available
Reich Mildred R -- None Available
Reich Willy Wolfgang -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veale Jeffrey L $2,640,000
Closed Veale Jeffrey L $2,554,250
Previous Owner Reich Mildred R $618,000
Previous Owner Reich Mildred R $482,000
Previous Owner Reich Willy Wolfgang $749,999
Previous Owner Reich Willy Wolfgang $143,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2024 03/20/24 Sold $3,005,000 +5.4% $1,058 / Sq Ft
02/13/2024 02/13/24 Pending -- -- --
01/25/2024 01/25/24 For Sale $2,850,000 -- $1,004 / 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 $36,148 $3,065,100 $2,616,198 $448,902
2024 $36,148 $2,960,000 $2,500,000 $460,000
2023 $3,688 $261,051 $96,358 $164,693
2022 $3,564 $255,933 $94,469 $161,464
2021 $3,505 $250,916 $92,617 $158,299
2019 $3,344 $243,475 $89,871 $153,604
2018 $3,243 $238,702 $88,109 $150,593
2016 $3,046 $229,436 $84,689 $144,747
2015 $3,005 $225,990 $83,417 $142,573
2014 $3,025 $221,564 $81,783 $139,781
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-351517

The MLS

APN: 4369-031-003