NOT LISTED FOR SALE

Estimated Value: $6,210,385 - $7,302,000

5 Beds
5.5 Baths
5,942 Sq Ft
$1,157/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $4,995,000 $841 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $41,662/month

Highlights

  • Detached Guest House
  • New Construction
  • Primary Bedroom Suite
  • Venice High School Rated A
  • Heated In Ground Pool
  • Panoramic View

About This Home

As of October 2019

The main estate has 5 bedrooms + 5.5 baths. 3 beds are upstairs all w/ outdoor spaces. Gorgeous 10' tall pocket doors that completely open the interior of the home to the exterior. Kitchen boasts a 14' island, quartz countertops w/ popup outlets, double sinks, + designer appliances. A built-in wine storage w/ cooling system. A grand staircase w/ glass guardrails. Wood flooring throughout, pre-wired + installed ring system, video cameras + speakers in each room. From the rooftop deck, get lost in the 360-degree panoramic views while nestled up to the fire on your own private rooftop lounge. While you are up there or anywhere in your private compound, indulge in a screening of the latest movie from the projector that projects onto the side of the ADU w/ the movie screen size wall! The magnificent backyard has lush green grass, sleek concrete pavers, a vast 43' pool + 8 person spa, wood decking, + a built-in BBQ. The Additional Dwelling Unit (ADU), is 2 + 1.75 (approx.1,100 sqft)

Last Agent to Sell the Property

Laci Buller

Compass License #02008575 Listed on: 09/19/2019

Compass

Last Buyer's Agent

Peter Lorimer

PLG Estates License #01479846

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $64,974

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.25 Acre Lot
  • Property is zoned LAR1

Property Views

  • Panoramic
  • City Lights
  • Trees
  • Peek-A-Boo
  • Mountain

Home Design

  • Split Level Home

Interior Spaces

  • 5,942 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Living Room with Fireplace
  • Dining Area
  • Den

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 2 Car Direct Access Garage
  • Driveway
  • Guest Parking

Pool

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

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Grill

Additional Homes

  • Detached Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Sewer in Street
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4247-022-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$64,974

Year Built

Built in 2019 | New Construction

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: Main Level
  • Living Area: 5942
  • Property Condition: New Construction
  • Stories: 2
  • Year Built: 2019
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Tile, Wood
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Bedroom Features: Main Floor Bedroom, Master Retreat, Master Suite, WalkInCloset
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Total Bathrooms: 6.00
  • Equipment: Barbeque, Built-Ins, Cable, Dishwasher, Freezer, Garbage Disposal, Gas Or Electric Dryer Hookup, Hood Fan, Ice Maker, Microwave, Range/Oven, Refrigerator, Water Line to Refrigerator
  • Price Per S Q F T: 840.63

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Patio: Enclosed
  • Pool Description: Heated, In Ground
  • Pool: Yes
  • Spa: Heated, In Ground
  • Spa Yn: Yes
  • View: City Lights, Mountains, Panoramic, Peek-A-Boo, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Direct Entrance, Driveway - Concrete, Garage - 2 Car, Parking for Guests, Private Garage

Utilities

  • Cooling: Central
  • Heating: Forced Air
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4247-022-020
  • Geocode Override: No
  • Lot Size Area: 11046

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2019
Sold by
J & J Prime Development Inc
Bought by
Lee Alice and The 12662 Rose Trust
Current Estimated Value
$6,877,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2017
Sold by
Iradji Holdings Llc
Bought by
J & J Prime Development

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.78%
Mortgage Type
Unknown

Purchase Details

Closed on
May 4, 2011
Sold by
Iradji Sara
Bought by
Iradji Holdings Llc

Purchase Details

Closed on
May 26, 2006
Sold by
Iradji Sara and Zarifi Sara
Bought by
Iradji Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.52%
Mortgage Type
Fannie Mae Freddie Mac
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
Lee Alice $4,995,000 Fidelity National Title Co
J & J Prime Development $1,775,000 Fidelity National Title Co
Iradji Holdings Llc -- None Available
Iradji Sara -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Alice $496,500
Previous Owner J & J Prime Development $500,000
Previous Owner J & J Prime Development $2,830,000
Previous Owner Iradji Sara $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2019 10/11/19 Sold $4,995,000 0.0% $841 / Sq Ft
09/19/2019 09/19/19 For Sale $4,995,000 -- $841 / 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 $64,974 $5,468,227 $2,624,749 $2,843,478
2024 $64,974 $5,361,008 $2,573,284 $2,787,724
2023 $63,701 $5,255,891 $2,522,828 $2,733,063
2022 $60,715 $5,152,835 $2,473,361 $2,679,474
2021 $59,982 $5,051,800 $2,424,864 $2,626,936
2019 $35,701 $3,017,600 $1,810,500 $1,207,100
2018 $21,447 $1,775,000 $1,420,000 $355,000
2016 $5,518 $446,745 $278,227 $168,518
2015 $5,439 $440,035 $274,048 $165,987
2014 $5,467 $431,416 $268,680 $162,736
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-510634

The MLS

APN: 4247-022-020