NOT LISTED FOR SALE

Estimated Value: $3,399,029 - $4,081,000

5 Beds
4.5 Baths
3,200 Sq Ft
$1,140/Sq Ft Est. Value

Last Sold May 01, 2015

Last sale price $2,298,000 $718 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $22,491/month

15 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Wood Flooring
  • Lunada Bay Elementary School Rated A+
  • Fireplace in Primary Bedroom
  • Main Floor Bedroom

About This Home

As of May 2015

A gated courtyard entry leads you to this beautifully remodeled, custom home in Lower Lunada Bay. An elegant entry leads to the Living room with fireplace and the formal dining room. The large kitchen has granite counters, a marble center island, stainless appliances and an adjacent eating area. The family room is located just off the kitchen and also features a fireplace. One bedroom and 1.5 baths downstairs and 4 bedrooms, 3 baths up, including a spacious master-suite with fireplace, walk-in closet & luxurious bathroom. Hardwood floors, French doors & windows, 3 fireplaces, a lushly landscaped backyard, separate laundry room, a huge 3 car attached garage, plus a large driveway. There's even a tiny ocean view! *High school parking is NOT allowed on this section of Chelsea Road!

Last Agent to Sell the Property

Chris Adlam

Vista Sotheby's International Realty License #00967574 Listed on: 03/09/2015

Vista Sotheby's International Realty

Last Buyer's Agent

PV Brokers

PV Brokers License #01858787

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,391

Year Built

  • Built in 1989

Lot Details

  • 7,328 Sq Ft Lot
  • Back and Front Yard

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 3,200 Sq Ft Home
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Ocean Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 7140
  • Assessor Parcel Number 7541010005

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,391

Year Built

Built in 1989

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7541010005
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3200.00
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 718.12
  • Room Type: Family Room, Formal Entry, Living Room, Main Floor Bedroom, Master Suite

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7328.00
  • Lot Size Acres: 0.1680

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7328.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 7140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2015
Closed on
Apr 28, 2015
Sold by
Demirjian John
Bought by
Armstrong John and Armstrong Lesley Hilton
Seller's Agent
Chris Adlam
Vista Sotheby's International Realty
Buyer's Agent
PV Brokers
PV Brokers
List Price
$2,298,000
Sold Price
$2,298,000
Current Estimated Value
$3,647,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,349,507
Avg. Annual Appreciation
4.58%
Original Mortgage
$1,298,000
Outstanding Balance
$1,004,618
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$2,642,889

Purchase Details

Closed on
Jul 1, 2012
Sold by
Demirjian Ed and Demirjian Barbara
Bought by
Demirjian John

Purchase Details

Closed on
Mar 21, 2007
Sold by
Amaya Rika
Bought by
Dermirjian Edward and Demirjian Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2002
Sold by
Benson Walter and Benson Beverly F
Bought by
Amaya Rika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$906,500
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage
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
Armstrong John $2,298,000 Lawyers Title
Demirjian John -- None Available
Dermirjian Edward $1,580,000 Southland Title Corporation
Amaya Rika $1,295,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstrong John $250,000
Open Armstrong John $1,298,000
Previous Owner Demirijian Edward $350,000
Previous Owner Dermirjian Edward $980,000
Previous Owner Amaya Rika $906,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2015 05/01/15 Sold $2,298,000 0.0% $718 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
03/09/2015 03/09/15 For Sale $2,298,000 -- $718 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $31,391 $2,770,159 $2,043,141 $727,018
2024 $31,391 $2,715,843 $2,003,080 $712,763
2023 $30,874 $2,662,592 $1,963,804 $698,788
2022 $29,335 $2,610,386 $1,925,299 $685,087
2021 $29,326 $2,559,203 $1,887,549 $671,654
2020 $28,932 $2,532,963 $1,868,195 $664,768
2019 $27,989 $2,475,842 $1,831,564 $644,278
2018 $27,833 $2,427,297 $1,795,651 $631,646
2016 $26,432 $2,333,044 $1,725,925 $607,119
2015 $20,501 $1,761,336 $1,375,182 $386,154
2014 -- $1,645,000 $1,284,400 $360,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV15049664

California Regional Multiple Listing Service (CRMLS)

APN: 7541-010-005