NOT LISTED FOR SALE

Estimated Value: $2,350,000 - $2,433,000

3 Beds
2 Baths
2,187 Sq Ft
$1,098/Sq Ft Est. Value

Last Sold October 31, 2024

Last sale price $2,300,000 $1,052 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $14,484/month

34 Days on Market

Highlights

  • Guest House
  • City View
  • Wood Flooring
  • Mar Vista Elementary Rated A
  • Family Room with Fireplace
  • Modern Architecture

About This Home

As of October 2024

Amazing opportunity to own a Custom Designed Mar Vista Hill Architectural Home in the highly sought after Mar Vista School District! This single-level gem offers 3 spacious bedrooms and 2 luxurious bathrooms, seamlessly blending style and functionality. The open floor plan welcomes you with abundant natural light and high-end finishes, creating a warm and inviting atmosphere. The living area features two elegant fireplaces, perfect for cozy evenings, while the gourmet kitchen is designed for both everyday living and entertaining. The expansive Master Suite is a true retreat, boasting a large walk-in closet and a serene ambiance. The outdoor space is an entertainer's dream, complete with a built-in BBQ, fire pit, and plenty of room to relax and enjoy the beautiful Southern California weather. The garage has been thoughtfully converted into a state-of-the-art gym, offering convenience and versatility, while the ADU (Accessory Dwelling Unit) features stunning city views, making it ideal for guests or as a rental opportunity. Don't miss this rare chance to own a piece of architectural brilliance in the heart of Mar Vista Hill.

Last Agent to Sell the Property

Nicole Contreras

Christie's International Real Estate SoCal License #01512844 Listed on: 09/15/2024

Christie's International Real Estate SoCal

Last Buyer's Agent

Mariya Shmagliy

Sync Brokerage, Inc. License #01966306

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,996

Lot Details

  • 5,852 Sq Ft Lot
  • Lot Dimensions are 58x100
  • Property is zoned LAR1

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • 2 Carport Spaces
  • Driveway

Home Design

  • Modern Architecture

Interior Spaces

  • 2,187 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • City Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Open Patio
  • Outdoor Grill

Additional Features

  • Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4248-010-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2187
  • Lot Acreage: 0.1343
  • Lot Dimensions: 58x100
  • Stories: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Dining Area
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Washer, Refrigerator, Range/Oven, Garbage Disposal, Microwave, Barbeque
  • Fireplace: Yes
  • Price Per S Q F T: 1140.83

Exterior Features

  • Other Structures: GuestHouse
  • Pool: No
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Garage Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Garage - 2 Car, Carport, Driveway
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4248-010-012
  • Lot Size Area: 5852

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2024
Closed on
Sep 16, 2024
Sold by
Prestemon & Park Trust and Prestemon Steven
Bought by
Orloff Family Trust and Orloff
Seller's Agent
Nicole Contreras
Christie's International Real Estate SoCal
Buyer's Agent
Mariya Shmagliy
Sync Brokerage, Inc.
List Price
$2,495,000
Sold Price
$2,300,000
Premium/Discount to List
-$195,000
-7.82%
Current Estimated Value
$2,400,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,339
Avg. Annual Appreciation
4.19%
Original Mortgage
$1,495,000
Outstanding Balance
$1,477,316
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$923,023

Purchase Details

Closed on
Oct 10, 2017
Sold by
Prestemon Steven J and Park Jene
Bought by
Prestemon Steven J and Park Jene

Purchase Details

Listed on
Sep 7, 2012
Closed on
Oct 2, 2012
Sold by
Farag Michael and Farag Miranda
Bought by
Prestemon Steven John and Park Jene
Seller's Agent
J. Todd Michaud
Keller Williams Hollywood Hills
Buyer's Agent
Alison Betts
Douglas Elliman of California, Inc.
List Price
$1,397,900
Sold Price
$1,500,915
Premium/Discount to List
$103,015
7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%
Original Mortgage
$1,092,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2007
Sold by
Farag Michael and Farag Miranda
Bought by
Farag Michael and Farag Miranda

Purchase Details

Closed on
Oct 31, 2005
Sold by
Farag Miranda
Bought by
Farag Michael F and Farag Miranda Legaspi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,900
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 6, 2004
Sold by
Magen Shevach
Bought by
Farag Michael F and Farag Miranda Legaspi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1999
Sold by
Ricker Ronald E and Utsinger Carl D
Bought by
Magen Shevach

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.87%
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
Orloff Family Trust $2,300,000 Chicago Title Company
Prestemon Steven J -- None Available
Prestemon Steven J -- None Available
Prestemon Steven John $1,501,000 Old Republic Title Company
Farag Michael -- None Available
Farag Michael F -- Equity Title Company
Farag Miranda -- Equity Title Company
Farag Michael F $740,000 Equity Title Company
Magen Shevach $425,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orloff Family Trust $1,495,000
Previous Owner Prestemon Steven John $1,092,000
Previous Owner Farag Miranda $96,900
Previous Owner Farag Michael F $592,000
Previous Owner Magen Shevach $340,000
Closed Magen Shevach $63,750
Closed Farag Michael F $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2024 10/31/24 Sold $2,300,000 -7.8% $1,052 / Sq Ft
09/15/2024 09/15/24 For Sale $2,495,000 0.0% $1,141 / Sq Ft
09/12/2024 09/12/24 Pending -- -- --
08/24/2024 08/24/24 Price Changed $2,495,000 -3.9% $1,141 / Sq Ft
08/08/2024 08/08/24 For Sale $2,595,000 +72.9% $1,187 / Sq Ft
10/24/2012 10/24/12 Sold $1,500,915 +7.4% $686 / Sq Ft View Prior Sale
09/15/2012 09/15/12 Pending -- -- --
09/07/2012 09/07/12 For Sale $1,397,900 -- $639 / 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 $21,996 $2,300,000 $2,078,900 $221,100
2024 $21,996 $1,812,018 $1,448,734 $363,284
2023 $21,568 $1,776,489 $1,420,328 $356,161
2022 $20,561 $1,741,657 $1,392,479 $349,178
2021 $20,311 $1,707,508 $1,365,176 $342,332
2019 $19,698 $1,656,864 $1,324,685 $332,179
2018 $19,593 $1,624,377 $1,298,711 $325,666
2016 $18,746 $1,561,303 $1,248,282 $313,021
2015 $18,469 $1,537,852 $1,229,532 $308,320
2014 $18,523 $1,507,729 $1,205,448 $302,281
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: The MLS

MLS Number: 24-420641

The MLS

APN: 4248-010-012