NOT LISTED FOR SALE

Estimated Value: $1,977,236 - $2,443,000

2 Beds
1 Bath
719 Sq Ft
$2,986/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $1,975,000 $2,747 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $13,269/month

111 Days on Market

Highlights

  • Detached Guest House
  • Living Room with Fireplace
  • Spanish Architecture
  • Franklin Elementary School Rated A+
  • Wood Flooring
  • 4-minute walk to Douglas Park

About This Home

As of January 2024

Classic Spanish Santa Monica 2 BR, 1 BH house property in the highly desirable Franklin School district in an ideal location between Montana & Wilshire, steps from Douglas Park. Stunning cottage property with a beautiful porch creating a classic Mediterranean ambience leading to the garden and a large barbeque space. (Quoted footage is for this part of the property only). In addition, the property includes a huge, bright sunroom over the detached 2 indoor car garage that could be used as an office/art or yoga studio/hobby room. Also includes another detached room that could be used as an additional office/workshop opposite the garage. Superb location near the best schools and walking to restaurants, shopping and the beach in a peaceful, quiet, green neighborhood. An original vintage Santa Monica cottage with ample space throughout the property. Great potential to expand as well. Please do not disturb occupants.

Last Agent to Sell the Property

Matthew Greenberg

Rodeo Realty License #01073057 Listed on: 09/01/2023

Rodeo Realty

Last Buyer's Agent

Melanie Sommers

Compass License #01303647

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,860

Year Built

  • Built in 1924

Lot Details

  • 5,050 Sq Ft Lot
  • Lot Dimensions are 46x110
  • South Facing Home
  • Property is zoned SMR1*

Parking

  • 2 Car Garage

Home Design

  • Spanish Architecture
  • Composition Roof

Interior Spaces

  • 719 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Additional Homes

  • Detached Guest House

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4277-021-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,860

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 719
  • Lot Acreage: 0.1159
  • Lot Dimensions: 46x110
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood
  • Appliances: Built-Ins
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Garbage Disposal, Washer, Dryer, Range/Oven
  • Price Per S Q F T: 3268.43

Exterior Features

  • Direction Faces: South
  • Other Structures: None
  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage - 2 Car

Utilities

  • Heating: Baseboard, Wall

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Assessor Parcel Number: 4277-021-004
  • Lot Location: Alley Access
  • Lot Size Area: 5050

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Jan 11, 2024
Sold by
Busz Hinderikus and Busz Seema Hassan
Bought by
Segal Jonathan Louis and Underwood Brandy
Seller's Agent
Matthew Greenberg
Rodeo Realty
Buyer's Agent
Melanie Sommers
Compass
List Price
$2,350,000
Sold Price
$1,975,000
Premium/Discount to List
-$375,000
-15.96%
Views
73
Current Estimated Value
$2,146,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,809
Avg. Annual Appreciation
5.49%
Original Mortgage
$1,777,302
Outstanding Balance
$1,743,323
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$403,486

Purchase Details

Closed on
Jul 21, 2010
Sold by
Dftc Inc
Bought by
Busz Hinderikus and Manghee Seema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$998,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1993
Sold by
Powell Daniel E
Bought by
Powell Daniel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,750
Interest Rate
6.89%

Purchase Details

Closed on
Nov 30, 1993
Sold by
Powell Daniel E
Bought by
Dftc Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,750
Interest Rate
6.89%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Segal Jonathan Louis $1,975,000 Progressive Title Company
Busz Hinderikus $1,247,512 Progressive Title Company
Powell Daniel E -- Southern California Title Co
Dftc Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Segal Jonathan Louis $1,777,302
Previous Owner Busz Hinderikus $980,000
Previous Owner Busz Hinderikus $998,000
Previous Owner Powell Daniel E $430,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $1,975,000 -16.0% $2,747 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
12/05/2023 12/05/23 For Sale $2,350,000 0.0% $3,268 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
10/22/2023 10/22/23 Price Changed $2,350,000 -5.8% $3,268 / Sq Ft
09/01/2023 09/01/23 For Sale $2,495,000 0.0% $3,470 / Sq Ft
04/23/2019 04/23/19 Rented $4,250 -5.6% --
04/17/2019 04/17/19 Under Contract -- -- --
01/30/2019 01/30/19 For Rent $4,500 +63.6% --
01/14/2012 01/14/12 Rented $2,750 -8.3% --
01/14/2012 01/14/12 Under Contract -- -- --
10/20/2011 10/20/11 For Rent $3,000 -- --
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 $18,860 $2,014,500 $1,961,664 $52,836
2024 $18,860 $1,566,917 $1,253,539 $313,378
2023 $18,555 $1,536,194 $1,228,960 $307,234
2022 $18,322 $1,506,073 $1,204,863 $301,210
2021 $17,871 $1,476,543 $1,181,239 $295,304
2019 $17,569 $1,432,750 $1,146,203 $286,547
2018 $16,520 $1,404,658 $1,123,729 $280,929
2016 $15,932 $1,350,116 $1,080,095 $270,021
2015 $15,725 $1,329,837 $1,063,871 $265,966
2014 $15,500 $1,303,789 $1,043,032 $260,757
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 23-306865

The MLS

APN: 4277-021-004