NOT LISTED FOR SALE

Estimated Value: $6,170,000 - $8,379,000

5 Beds
4.5 Baths
3,363 Sq Ft
$2,104/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $6,425,000 $1,910 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $44,171/month

35 Days on Market

Highlights

  • Ocean View
  • Auto Driveway Gate
  • Wood Flooring
  • Roosevelt Elementary School Rated A+
  • Dining Room with Fireplace
  • No HOA

About This Home

As of August 2021

Extraordinary oceanfront architectural gem situated perfectly along the Santa Monica coastline. This modern masterpiece features 180 degree sweeping ocean and coastline views that include sand, surf, boardwalk, famed Santa Monica Pier and Ferris wheel, and Catalina Island. High-end design throughout includes walls of glass, floating staircase and glass elevator. Gourmet kitchen features top of the line appliances. Multiple decks throughout and an amazing roof-top patio. Perfect house for entertaining or kicking back solo and capturing world class sunsets from nearly all rooms. Unbeatable location with immediate access to Ocean Avenue, Third Street Promenade, Santa Monica Place, Farmers market, and more.

Last Agent to Sell the Property

David Solomon

Douglas Elliman of California, Inc. License #01386406 Listed on: 05/20/2021

Douglas Elliman of California, Inc.

Co-Listed By

Anna Solomon

Douglas Elliman of California, Inc. License #00850601

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $77,774

Lot Details

  • 2,503 Sq Ft Lot
  • Gated Home
  • Property is zoned SMR2B*

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Auto Driveway Gate

Property Views

  • Ocean
  • Coastline
  • Panoramic

Interior Spaces

  • 3,363 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Living Room
  • Dining Room with Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4291-031-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$77,774

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 3363
  • Lot Acreage: 0.0575
  • Stories: 4
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining
  • Flooring: Wood
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator, Hood Fan, Elevator, Dishwasher, Garbage Disposal, Gas Dryer Hookup
  • Price Per S Q F T: 2051.44

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Coastline, Panoramic, Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Attached, Direct Entrance, Door Opener, Garage - 2 Car, Garage, Driveway Gate, Garage Is Attached, Gated, Private, Private Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4291-031-019
  • Lot Size Area: 2503

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jun 30, 2021
Sold by
1333 Palisades Beach Road Llc
Bought by
Mendes Michael J and Mendes Wendy B
Seller's Agent
David Solomon
Douglas Elliman of California, Inc.
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$6,899,000
Sold Price
$6,425,000
Premium/Discount to List
-$474,000
-6.87%
Current Estimated Value
$7,074,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$649,099
Avg. Annual Appreciation
4.22%
Original Mortgage
$4,550,000
Outstanding Balance
$4,112,039
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$3,504,350

Purchase Details

Listed on
Feb 19, 2016
Closed on
Jun 13, 2016
Sold by
Unitec Industries Establishment
Bought by
1333 Palisades Beach Road Llc
Seller's Agent
David Solomon
Douglas Elliman of California, Inc.
Buyer's Agent
Joshua Altman
Douglas Elliman of California, Inc.
List Price
$6,950,000
Sold Price
$6,665,000
Premium/Discount to List
-$285,000
-4.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.71%
Original Mortgage
$3,780,000
Interest Rate
3.64%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 1, 2008
Sold by
D & D Partnership Llc
Bought by
Unitec Industries Establishment

Purchase Details

Closed on
Jan 29, 2008
Sold by
Maltzman Dean
Bought by
D & D Partnership Llc

Purchase Details

Closed on
Aug 6, 2004
Sold by
Maltzman Pamela
Bought by
Maltzman Dean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2004
Sold by
Weiner David
Bought by
Maltzman Dean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2004
Sold by
Bonhilda Development Llc
Bought by
Weiner David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,235,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2003
Sold by
Greene Jeff
Bought by
1538 N Vista Llc

Purchase Details

Closed on
May 19, 2003
Sold by
1538 N Vista Llc
Bought by
Bonhilda Development Llc
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
Mendes Michael J $6,425,000 Fidelity National Title
1333 Palisades Beach Road Llc $6,665,000 Old Republic Title Company
Unitec Industries Establishment $5,895,000 Chicago Title Company
D & D Partnership Llc -- Accommodation
Maltzman Dean M -- Equity Title Company
Maltzman Dean M -- Equity Title Company
Weiner David -- Equity Title Company
1538 N Vista Llc -- Fidelity National Title Co
Bonhilda Development Llc -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendes Michael J $4,550,000
Previous Owner 1333 Palisades Beach Road Llc $3,780,000
Previous Owner 1333 Palisades Beach Road Llc $5,000,000
Previous Owner 1333 Palisades Beach Road Llc $3,780,000
Previous Owner Maltzman Dean M $1,855,000
Previous Owner Maltzman Dean M $550,000
Previous Owner Maltzman Dean M $550,000
Previous Owner Weiner David $1,235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $6,425,000 -6.9% $1,910 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $6,899,000 +3.5% $2,051 / Sq Ft
06/22/2016 06/22/16 Sold $6,665,000 -4.1% $1,982 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $6,950,000 -- $2,067 / 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 $77,774 $6,818,261 $4,244,832 $2,573,429
2024 $77,774 $6,684,570 $4,161,600 $2,522,970
2023 $76,532 $6,553,500 $4,080,000 $2,473,500
2022 $75,633 $6,425,000 $4,000,000 $2,425,000
2021 $85,387 $7,289,149 $4,374,583 $2,914,566
2020 $84,818 $7,214,409 $4,329,728 $2,884,681
2019 $83,995 $7,072,951 $4,244,832 $2,828,119
2018 $79,014 $6,934,266 $4,161,600 $2,772,666
2016 $73,418 $6,412,730 $4,237,080 $2,175,650
2015 $72,477 $6,316,406 $4,173,436 $2,142,970
2014 $71,361 $6,192,678 $4,091,685 $2,100,993
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-728000

The MLS

APN: 4291-031-019