NOT LISTED FOR SALE

Estimated Value: $7,420,000 - $8,391,335

4 Beds
4.5 Baths
4,906 Sq Ft
$1,628/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $7,250,000 $1,478 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $49,480/month

53 Days on Market

Highlights

  • New Construction
  • Fireplace in Primary Bedroom
  • High Ceiling
  • Roosevelt Elementary School Rated A+
  • Wood Flooring
  • 4-minute walk to Palisades Park

About This Home

As of October 2021

Nestled in the serene West of 7th neighborhood awaits this magnificent contemporary-style estate, that is the perfect blend of modern architecture, design, and technology. This home is situated just steps from the coveted Santa Monica beaches and lifestyle buyers dream of. Past the custom glass front door, the desirable open floor plan connects the chefs kitchen with professional grade appliances, living room, and dining area to the expansive backyard space, making this home perfect for entertaining friends and family. Soaring ceilings and floor-to-ceiling windows allow for an abundance of natural light to illuminate the main level, creating a tranquil and soothing atmosphere. Beyond the floating spiral staircase awaits the primary suite, which includes architectural details throughout, an oversized private balcony, fireplace, en-suite bathroom with a soaking tub, and a large walk-in closet. Propelling this estate above expectations is the spacious rooftop balcony that offers jetliner views of every California sunset and ample seating for guests. This 4 bed 4.5 bath home is the picturesque Santa Monica estate, and exhibits the finest caliber of luxury.

Last Agent to Sell the Property

Aaron Kirman

Christie's International Real Estate SoCal License #01296524 Listed on: 07/28/2021

Christie's International Real Estate SoCal

Last Buyer's Agent

Brett Miller

Nourmand & Associates-BW License #01333139

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $87,624

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 8,764 Sq Ft Lot
  • Lot Dimensions are 50x175
  • Property is zoned SMR1*

Interior Spaces

  • 4,906 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Two Way Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Room
  • Den
  • Laundry Room

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Parking

  • 4 Parking Spaces
  • Driveway

Outdoor Features

  • Balcony
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4293-015-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$87,624

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 4906
  • Lot Acreage: 0.2012
  • Lot Dimensions: 50x175
  • Property Condition: New Construction
  • Stories: 2
  • Year Built: 2021
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Fireplace Rooms: Living Room, Exterior, Gas, Master Bedroom, Two Way
  • Flooring: Stone Tile, Wood
  • Bedrooms: 4
  • Fireplaces: 3
  • 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: Room
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Refrigerator, Freezer, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 1528.74

Exterior Features

  • Other Features: High Ceilings (9 Feet+), Balcony
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4293-015-008
  • Lot Size Area: 8764

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Sep 22, 2021
Sold by
Emrani Haleh and The Gramian Emrani Family Trus
Bought by
Noik Craig and Noik Julia
Seller's Agent
Aaron Kirman
Christie's International Real Estate SoCal
Buyer's Agent
Brett Miller
Nourmand & Associates-BW
List Price
$9,000,000
Sold Price
$7,250,000
Premium/Discount to List
-$1,750,000
-19.44%
Current Estimated Value
$7,986,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$736,834
Avg. Annual Appreciation
4.71%
Original Mortgage
$437,500
Outstanding Balance
$422,614
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$8,259,673

Purchase Details

Closed on
Dec 12, 2019
Sold by
Emrani Haleh and Gramian Emmani Family Trust
Bought by
Emrani Haleh and Survivors Trust

Purchase Details

Listed on
Oct 30, 2015
Closed on
Nov 10, 2015
Sold by
Sm Rondure Llc
Bought by
The Gramian Emrani Family Trust
Seller's Agent
Melissa Alt
Douglas Elliman of California, Inc.
Buyer's Agent
Tim Mullin
Compass
List Price
$4,200,000
Sold Price
$4,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$2,530,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 27, 2014
Sold by
Lubars David
Bought by
Sm Rondure Llc

Purchase Details

Closed on
Oct 17, 2005
Sold by
Lubars David
Bought by
Lubars David

Purchase Details

Closed on
Sep 25, 2002
Sold by
Lusars Cindy
Bought by
Lubars David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Interest Rate
5.88%

Purchase Details

Closed on
Jun 26, 1996
Sold by
Lo Kenneth Chin Ming
Bought by
Lubars David and Lubars Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
8.3%
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
Noik Craig $7,250,000 Pacific Coast Title Company
Emrani Haleh -- None Available
The Gramian Emrani Family Trust $4,200,000 Lawyers Title
Sm Rondure Llc -- None Available
Lubars David -- --
Lubars David -- Commonwealth Land Title Co
Lubars David $765,000 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noik Craig $437,500
Previous Owner The Gramian Emrani Family Trust $2,530,000
Previous Owner Sm Rondure Llc $980,000
Previous Owner Sm Rondure Llc $500,000
Previous Owner Lubars David $300,000
Previous Owner Lubars David $735,000
Previous Owner Lubars David $728,110
Previous Owner Lubars David $729,750
Previous Owner Lubars David $250,000
Previous Owner Lubars David $1,350,000
Previous Owner Lubars David $705,000
Previous Owner Lubars David $705,000
Previous Owner Lubars David $90,000
Previous Owner Lubars David $740,000
Previous Owner Lubars David $612,000
Closed Lubars David $76,500
Closed Lubars David $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2021 10/20/21 Sold $7,250,000 -3.3% $1,478 / Sq Ft
09/19/2021 09/19/21 Pending -- -- --
08/12/2021 08/12/21 Price Changed $7,500,000 -16.7% $1,529 / Sq Ft
07/28/2021 07/28/21 For Sale $9,000,000 0.0% $1,834 / Sq Ft
01/19/2016 01/19/16 Rented $7,995 0.0% --
01/07/2016 01/07/16 For Rent $7,995 0.0% --
12/16/2015 12/16/15 Sold $4,200,000 0.0% $1,971 / Sq Ft
11/06/2015 11/06/15 Pending -- -- --
10/30/2015 10/30/15 For Sale $4,200,000 -- $1,971 / 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 $87,624 $7,693,758 $4,510,134 $3,183,624
2024 $87,624 $7,542,900 $4,421,700 $3,121,200
2023 $86,225 $7,395,000 $4,335,000 $3,060,000
2022 $85,213 $7,250,000 $4,250,000 $3,000,000
2021 $80,463 $6,049,701 $3,674,650 $2,375,051
2019 $53,208 $4,457,072 $3,565,658 $891,414
2018 $50,156 $4,369,680 $3,495,744 $873,936
2016 $48,393 $4,200,000 $3,360,000 $840,000
2015 $12,463 $1,036,690 $829,358 $207,332
2014 $12,292 $1,016,384 $813,113 $203,271
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-766026

The MLS

APN: 4293-015-008