NOT LISTED FOR SALE

1180 Fernwood Pacific Dr Topanga, CA 90290

Estimated Value: $1,363,000 - $1,668,000

3 Beds
3 Baths
968 Sq Ft
$1,494/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $1,350,000 $1,395 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,987/month

29 Days on Market

Highlights

  • Guest House
  • Rooftop Deck
  • View of Trees or Woods
  • Above Ground Spa
  • Gated Parking
  • Multi-Level Bedroom

About This Home

As of June 2022

Sleek Tropical 1920's Bungalow with Income-Producing Potential. Super-clean lines define this bright, two-story with two guest studios integrated into a tropically inspired landscape on a terraced hillside. Vintage charm is light and airy with white wood-beamed vaulted ceilings, a bohemian hand-painted staircase, sculpted corner fireplace, and handsome bamboo floors. Skylights elevate a spacious kitchen updated with stainless appliances and granite counters. An adjoining room serves as a butler's pantry with wine cooler, or a den or nursery. Upstairs a loft bed evokes the efficiency and romance of a ship captain's quarters, including custom cabinetry, inspiring canyon view, and a private deck. New tile, river rock, and glass shower doors gleam under the bathroom skylight. Floor to ceiling windows seem to bring the Santa Monica Mountains into the living room, where sliding glass doors open onto a sweeping canyon view and an entertainment-mecca of a deck. The crisp style extends to two additional smartly designed studios. One is downstairs of the main house, accessed via a separate entrance, with a kitchenette and freshly remodeled bathroom, including vessel sink. Sliding glass doors open to a vast covered patio with the cool feel of an island lanai, and view of a lush garden with fruit-laden trees. Across a lawn and perched on its own terrace is the second, stand-alone bungalow-studio, with wrap-around deck, ceiling fan, abundant natural light through both a French and sliding doors, compact yet upscale bathroom, and a slick kitchenette with built-in dining counter from which to savor the vista. The trio of dwellings, as well as a spiffy laundry room and outdoor clawfoot bathtub, are connected by a striking series of paths, terraces, stairways, planters and lounging areas. A gated privacy fence bordering scenic Fernwood Pacific Drive secures one dedicated parking space, and harbors this peaceful getaway to the Topanga Canyon good life renowned for preferred climate, proximity to both beach and city, and school district excellence.

Last Agent to Sell the Property

Tanya Starcevich

Keller Williams Los Angeles License #01864259 Listed on: 05/19/2022

Keller Williams Los Angeles

Last Buyer's Agent

Edmond Bina

EMB Properties License #01925370

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,031

Year Built

  • Built in 1927 | Remodeled

Lot Details

  • 5,108 Sq Ft Lot
  • Lot Dimensions are 49x107
  • Property Near a Canyon
  • Privacy Fence
  • Wood Fence
  • Stucco Fence
  • Sprinkler System
  • Property is zoned LCR110

Property Views

  • Woods
  • Trees
  • Canyon
  • Mountain

Home Design

  • Split Level Home
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 968 Sq Ft Home
  • 2-Story Property
  • Bar
  • Beamed Ceilings
  • Skylights in Kitchen
  • Blinds
  • Bay Window
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Walk-In Pantry
  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Multi-Level Bedroom
  • Remodeled Bathroom
  • 3 Bathrooms
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway
  • Gated Parking

Outdoor Features

  • Above Ground Spa
  • Rooftop Deck
  • Covered Patio or Porch

Additional Homes

  • Guest House

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4447-018-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,031

Year Built

Built in 1927 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Entry Location: Top Level
  • Living Area: 968
  • Lot Acreage: 0.1173
  • Lot Dimensions: 49x107
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Bar
  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Appliances: Oven-Gas
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 0
  • Half Bathroom: 0
  • Bedroom Features: Ground Floor Master, Multi-Level Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled, Tile
  • Three Quarter Bathrooms: 3
  • Kitchen Features: Skylight(s), Remodeled, Pantry, Granite Counters
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Washer, Refrigerator, Microwave
  • Fireplace: Yes
  • Price Per S Q F T: 1544.42
  • Windows: Skylights, Bay Window, Mini Blinds

Exterior Features

  • Construction: Wood Siding
  • Other Structures: None
  • Fence: Privacy, Stucco Wall, Wood
  • Patio: Roof Top Deck, Deck(s), Covered Porch
  • Pool: No
  • Roof: Composition, Shingle
  • Spa: Above Ground, Bath Tub
  • Spa Yn: Yes
  • View: Canyon, Mountains, Tree Top, Trees/Woods
  • View: Yes

Garage/Parking

  • Parking Garage: Gated, Driveway
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning
  • Heating: Fireplace, Central
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 4447-018-013
  • Lot Location: Canyon
  • Lot Size Area: 5108

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jun 21, 2022
Sold by
San Telmo 1 Llc
Bought by
Bina Family Trust
Seller's Agent
Tanya Starcevich
Keller Williams Los Angeles
Buyer's Agent
Edmond Bina
EMB Properties
List Price
$1,495,000
Sold Price
$1,350,000
Premium/Discount to List
-$145,000
-9.7%
Current Estimated Value
$1,445,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,841
Avg. Annual Appreciation
2.07%

Purchase Details

Listed on
Feb 11, 2015
Closed on
Mar 31, 2015
Sold by
Ibsen Tine S
Bought by
San Telmo 1 Llc
Seller's Agent
Tanya Starcevich
Keller Williams Los Angeles
Buyer's Agent
Tanya Starcevich
Keller Williams Los Angeles
List Price
$89,900
Sold Price
$880,000
Premium/Discount to List
$790,100
878.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%

Purchase Details

Closed on
Jan 3, 2006
Sold by
Guba Eric P and Corby Jennifer E
Bought by
Ibsen Tina S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 27, 2004
Sold by
Friedman Ira J and Friedman Judith Stein
Bought by
Guba Eric P and Corby Jennifer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2000
Sold by
Stein Judie R and Friedman Judith Stein
Bought by
Friedman Ira J and Friedman Judith Stein

Purchase Details

Closed on
Nov 22, 1999
Sold by
Stein Judie R
Bought by
Friedman Ira J and Stein Judie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
7.12%
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
Bina Family Trust $1,350,000 Fidelity National Title
San Telmo 1 Llc $890,000 Fidelity National Title Co
Ibsen Tina S $760,000 Fatcola
Guba Eric P $600,000 Fidelity National Title Co
Friedman Ira J -- --
Friedman Ira J -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ibsen Tina S $560,000
Previous Owner Guba Eric P $480,000
Previous Owner Friedman Ira J $126,500
Closed Guba Eric P $59,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2022 06/24/22 Sold $1,350,000 -9.7% $1,395 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
06/05/2022 06/05/22 For Sale $1,495,000 0.0% $1,544 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $1,495,000 +69.9% $1,544 / Sq Ft
04/02/2015 04/02/15 Sold $880,000 +878.9% $753 / Sq Ft View Prior Sale
03/16/2015 03/16/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $89,900 -- $77 / 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 $17,031 $1,432,630 $1,146,104 $286,526
2024 $17,031 $1,404,540 $1,123,632 $280,908
2023 $16,678 $1,377,000 $1,101,600 $275,400
2022 $11,853 $1,007,946 $906,022 $101,924
2021 $11,732 $988,183 $888,257 $99,926
2019 $11,342 $958,875 $861,912 $96,963
2018 $11,265 $940,074 $845,012 $95,062
2016 $10,796 $903,572 $812,200 $91,372
2015 $9,371 $790,000 $649,300 $140,700
2014 -- $790,000 $649,300 $140,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-156025

The MLS

APN: 4447-018-013