NOT LISTED FOR SALE

232 W Channel Rd Santa Monica, CA 90402

Estimated Value: $2,748,000 - $3,870,000

4 Beds
3 Baths
1,665 Sq Ft
$2,091/Sq Ft Est. Value

Last Sold September 20, 2017

Last sale price $2,550,000 $1,532 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $21,410/month

6 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Breakfast Area or Nook
  • Post and Beam
  • No HOA
  • Open Patio

About This Home

As of September 2017

This Channel adjacent, South facing, flooded with Southern California light and enveloped with borrowed space, single story residence is situated within a block of the beach in the canyon.The original 4 walls served as a stable for Will Rogers horses at Will Rogers State Park before they were moved to its current location and evolved into a house. The residence is centered around it's lovely, state of the art kitchen which connects the public indoor and outdoor areas. The master suite includes a sitting area plus a Lin office/gym or potentially third bedroom in the main house. The secondary bedroom suite overlooks the canyon greenbelt views. Included is a charming guest house designed by Evan Braun Design. Also included is a 2 car carport. The location is central to the beach, Rustic Canyon Park, Canyon elementary and the evolving business area including the new addition of Tallula's restaurant.

Last Agent to Sell the Property

Chellee Cassels

DPP License #01489572 Listed on: 08/21/2017

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,387

Year Built

  • Built in 1942

Lot Details

  • 4,043 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Post and Beam

Interior Spaces

  • 1,665 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Located Outside

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Carport

Additional Features

  • Open Patio
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4410-011-045

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,387

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Post & Beam
  • Street Number Display: Yes
  • Living Area: 1665
  • Year Built: 1942
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed, Stone Tile, Wood
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Outside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 1516.52

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 2

Utilities

  • Heating: Forced Air

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4410-011-045
  • Geocode Override: No
  • Lot Size Area: 4043

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2017
Closed on
Aug 9, 2017
Sold by
Langen Frank Herbert
Bought by
Ashton John W and Liang Hsin Yu
Seller's Agent
Chellee Cassels
DPP
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$2,525,000
Sold Price
$2,550,000
Premium/Discount to List
$25,000
0.99%
Current Estimated Value
$3,480,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$930,688
Avg. Annual Appreciation
5.55%
Original Mortgage
$1,350,000
Outstanding Balance
$1,107,407
Interest Rate
3.17%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,819,441

Purchase Details

Closed on
Jan 6, 2017
Sold by
Braun Diana
Bought by
Langen Frank Herbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,525,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2015
Sold by
Langen Frank Herbert
Bought by
Langen Frank Herbert

Purchase Details

Closed on
Aug 17, 1995
Sold by
Turrili Cecilia and The Cecilia Turrill Living Tru
Bought by
Langen Frank Herbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
7.83%
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
Ashton John W $2,550,000 Fidelity National Title
Langen Frank Herbert -- North American Title Company
Langen Frank Herbert -- None Available
Langen Frank Herbert -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashton John W $724,596
Open Ashton John W $1,350,000
Previous Owner Langen Frank Herbert $1,525,000
Previous Owner Langen Frank Herbert $1,100,000
Previous Owner Langen Frank Herbert $800,000
Previous Owner Langen Frank Herbert $149,000
Previous Owner Langen Frank Herbert $650,000
Previous Owner Langen Frank Herbert $504,000
Previous Owner Langen Frank Herbert $500,000
Previous Owner Langen Frank Herbert $225,000
Previous Owner Langen Frank Herbert $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2017 09/20/17 Sold $2,550,000 +1.0% $1,532 / Sq Ft
08/27/2017 08/27/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $2,525,000 -- $1,517 / 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 $34,387 $2,901,458 $2,054,120 $847,338
2024 $34,387 $2,844,568 $2,013,844 $830,724
2023 $33,713 $2,788,793 $1,974,357 $814,436
2022 $32,130 $2,734,112 $1,935,645 $798,467
2021 $31,749 $2,680,503 $1,897,692 $782,811
2019 $30,788 $2,601,000 $1,841,406 $759,594
2018 $30,674 $2,550,000 $1,805,300 $744,700
2016 $4,777 $392,931 $266,637 $126,294
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-263040

The MLS

APN: 4410-011-045