Seller's Agent in 2019
Hope Faust
Rodeo Realty
(310) 709-6319
12 Total Sales
2207 Cloverfield Blvd Santa Monica, CA 90405
Sunset Park NeighborhoodEstimated Value: $1,633,000 - $3,295,000
6
Beds
5
Baths
2,606
Sq Ft
$976/Sq Ft
Est. Value
Highlights
- Guest House
- Garage Apartment
- Wood Flooring
- Grant Elementary School Rated A+
- Living Room with Fireplace
- 5-minute walk to Virginia Avenue Park
About This Home
As of April 2019Rare opportunity to own a charming residential hacienda compound in highly sought after Sunset Park neighborhood of Santa Monica. This outstanding property consists of a detached SFR with 3 Rental Units and 3 Garages. The main house, one-bedroom apartment, one single unit and all garages are ALL VACANT and newly refurbished (only one single unit is tenant occupied). The main home, a tasteful blend of contemporary upgrades with original period detailing, features a dedicated front yard garden that is perfect for private relaxing & entertaining. Three rear units surround an open courtyard oasis. This one-of-a-kind treasure is conveniently located to all this coveted beach community has to offer. Walk to Whole Foods, farmer's market, coffee houses, eateries, shops, parks, schools and library. Excellent use options include: family compound; home-office complex; owner/user rental property or investment income.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $31,360
Year Built
- Built in 1932
Lot Details
- 6,868 Sq Ft Lot
- Property is zoned SMR1*
Parking
- 3 Car Detached Garage
- Garage Apartment
- Garage Door Opener
- Driveway
- Parking Permit Required
Home Design
- Bungalow
Interior Spaces
- 2,606 Sq Ft Home
- 1-Story Property
- Built-In Features
- Ceiling Fan
- Decorative Fireplace
- Living Room with Fireplace
- Courtyard Views
Kitchen
- Oven or Range
- Microwave
- Ice Maker
- Water Line To Refrigerator
- Dishwasher
Flooring
- Wood
- Pavers
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
Laundry
- Laundry Room
- Gas Dryer Hookup
Additional Homes
- Guest House
Utilities
- Floor Furnace
- Heating System Mounted To A Wall or Window
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4273-007-024
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 29, 2020
Sold by
Spielberg Gil
Bought by
Spielberg Gil
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,665,000
Outstanding Balance
$1,474,802
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$1,067,941
Purchase Details
Listed on
Jan 10, 2019
Closed on
Mar 25, 2019
Sold by
Spielberg Janet
Bought by
Spielberg Gil
Seller's Agent
Hope Faust
Rodeo Realty
Buyer's Agent
Sarah Arfa
Core Real Estate Group
List Price
$2,695,000
Sold Price
$2,400,000
Premium/Discount to List
-$295,000
-10.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.89%
Original Mortgage
$1,650,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 31, 2019
Sold by
Brian D Garfield Revocable 2017 Trust
Bought by
Spielberg Gil
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Feb 16, 2017
Sold by
Garfield Brian D
Bought by
Garfield Brian D and Garfield Revocable 201 Brian D
Purchase Details
Closed on
Jul 29, 1999
Sold by
Phillips George and Phillips E Gwen
Bought by
Garfield Brian D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.66%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spielberg Gil | -- | Provident Title Company | |
| Spielberg Gil | -- | None Available | |
| Spielberg Gil | $2,400,000 | Progressive Title Company | |
| Garfield Brian D | -- | None Available | |
| Garfield Brian D | $475,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Spielberg Gil | $1,665,000 | |
| Previous Owner | Spielberg Gil | $1,650,000 | |
| Previous Owner | Garfield Brian D | $380,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/26/2019 04/26/19 | Sold | $2,400,000 | -3.8% | $921 / Sq Ft |
| 01/10/2019 01/10/19 | Price Changed | $2,495,000 | -7.4% | $957 / Sq Ft |
| 11/12/2018 11/12/18 | For Sale | $2,695,000 | -- | $1,034 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $31,360 | $2,677,240 | $1,874,069 | $803,171 |
| 2024 | $31,360 | $2,624,746 | $1,837,323 | $787,423 |
| 2023 | $30,363 | $2,573,282 | $1,801,298 | $771,984 |
| 2022 | $30,009 | $2,522,827 | $1,765,979 | $756,848 |
| 2021 | $29,300 | $2,473,360 | $1,731,352 | $742,008 |
| 2020 | $29,073 | $2,448,000 | $1,713,600 | $734,400 |
| 2019 | $19,744 | $654,451 | $516,675 | $137,776 |
| 2018 | $8,031 | $641,620 | $506,545 | $135,075 |
| 2016 | $7,712 | $616,707 | $486,876 | $129,831 |
| 2015 | $7,609 | $607,444 | $479,563 | $127,881 |
| 2014 | $7,525 | $595,546 | $470,170 | $125,376 |
Source: Public Records
Agents Affiliated with this Home
-
Hope Faust
-
Sarah Arfa
Buyer's Agent in 2019
Sarah Arfa
Core Real Estate Group
(310) 600-5626
Map
Source: The MLS
MLS Number: 18-403770
APN: 4273-007-024
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