NOT LISTED FOR SALE

Estimated Value: $4,417,000 - $6,189,000

0.22 Acre
$23,535,891 Price per Acre
9,907 Sq Ft Lot

Last Sold July 18, 2018

Last sale price $4,280,000

Est. 21% increase in value since last sale

Current estimated payment $31,945/month

133 Days on Market

About This Lot

As of July 2018

Spectacular, oversized, prime corner lot. Exceptionally rare opportunity to purchase a vacant 9900+ square-foot lot north of Montana Avenue. Prominently elevated high above the street, the sprawling grounds boast about 152 feet of south-facing frontage on coveted Carlyle Avenue, as well as 65 feet of frontage on enchanting 21st Place. As vacant land, this development site spares the expense of demolition -- and, more importantly, the risk of landmark designation for an existing structure. Perfectly situated between the Montana Avenue retail district and Brentwood Country Mart, within close proximity to the beach and Franklin Elementary. This magical, park-like setting is suitable for the finest, highest-quality development.

Last Agent to Sell the Property

Dennis Wong

Sunshine Realty License #01895999 Listed on: 02/01/2018

Co-Listed By

Christina Wong

Sunshine Realty License #00533418

Last Buyer's Agent

Robert Radcliffe

Sotheby's International Realty License #01132704

Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $58,110

Lot Details

  • 9,907 Sq Ft Lot
  • Property is zoned SMR1*

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 4278-024-034

Property Details

Property Type

Land

Est. Annual Taxes

$58,110

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 4278-024-034
  • Geocode Override: No
  • Lot Size Area: 9907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Jun 26, 2018
Sold by
Cheng Alice Yeu Chis
Bought by
Djcali Llc
Seller's Agent
Dennis Wong
Sunshine Realty
Buyer's Agent
Robert Radcliffe
Sotheby's International Realty
List Price
$4,500,000
Sold Price
$4,280,000
Premium/Discount to List
-$220,000
-4.89%
Current Estimated Value
$5,177,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$897,896
Avg. Annual Appreciation
2.65%

Purchase Details

Closed on
Feb 6, 2018
Sold by
Cheng Chao Jen
Bought by
Cheng Alice Yeu Chia

Purchase Details

Closed on
Jan 25, 2005
Sold by
Cheng Alice Yeu Chia
Bought by
Cheng Alice Yeu Chia
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
Djcali Llc $4,280,000 Old Republic Title Company
Cheng Alice Yeu Chia -- Old Republic Title Co
Cheng Alice Yeu Chia -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2018 07/18/18 Sold $4,280,000 0.0% --
07/18/2018 07/18/18 Sold $4,280,000 -4.9% -- View Prior Sale
07/08/2018 07/08/18 For Sale $4,500,000 +5.1% --
07/01/2018 07/01/18 Pending -- -- --
06/14/2018 06/14/18 Pending -- -- --
04/26/2018 04/26/18 Off Market $4,280,000 -- --
04/26/2018 04/26/18 For Sale $4,500,000 +5.1% --
04/16/2018 04/16/18 Off Market $4,280,000 -- --
04/16/2018 04/16/18 For Sale $4,500,000 +5.1% --
04/06/2018 04/06/18 Off Market $4,280,000 -- --
04/06/2018 04/06/18 For Sale $4,500,000 +5.1% --
03/27/2018 03/27/18 Off Market $4,280,000 -- --
03/27/2018 03/27/18 For Sale $4,500,000 +5.1% --
03/17/2018 03/17/18 Off Market $4,280,000 -- --
03/17/2018 03/17/18 For Sale $4,500,000 +5.1% --
03/07/2018 03/07/18 Off Market $4,280,000 -- --
03/07/2018 03/07/18 For Sale $4,500,000 +5.1% --
02/15/2018 02/15/18 Off Market $4,280,000 -- --
02/15/2018 02/15/18 For Sale $4,500,000 +5.1% --
02/05/2018 02/05/18 Off Market $4,280,000 -- --
02/05/2018 02/05/18 For Sale $4,500,000 0.0% --
02/01/2018 02/01/18 For Sale $4,500,000 +5.1% --
12/27/2017 12/27/17 Off Market $4,280,000 -- --
12/27/2017 12/27/17 For Sale $4,600,000 +7.5% --
11/27/2017 11/27/17 Off Market $4,280,000 -- --
11/11/2017 11/11/17 For Sale $4,500,000 -- --
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 $58,110 $4,774,419 $4,774,419 --
2024 $54,515 $4,680,803 $4,680,803 --
2023 $53,644 $4,589,023 $4,589,023 $0
2022 $53,010 $4,499,043 $4,499,043 $0
2021 $51,777 $4,410,827 $4,410,827 $0
2020 $51,431 $4,365,600 $4,365,600 $0
2019 $51,282 $4,280,000 $3,424,000 $856,000
2018 $19,443 $1,649,388 $1,396,785 $252,603
2016 $18,726 $1,585,343 $1,342,548 $242,795
2015 $18,484 $1,561,530 $1,322,382 $239,148
2014 $18,220 $1,530,943 $1,296,479 $234,464
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-309322

The MLS

APN: 4278-024-034