NOT LISTED FOR SALE

Estimated Value: $9,117,000 - $9,396,000

5 Beds
7 Baths
7,104 Sq Ft
$1,307/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $7,825,000 $1,101 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $58,358/month

38 Days on Market

Highlights

  • Sound Studio
  • Home Theater
  • Solar Power System
  • Franklin Elementary School Rated A+
  • Heated In Ground Pool
  • Maid or Guest Quarters

About This Home

As of August 2022

Set on a prime corner lot in the highly sought-after north of Montana area, this elegant and refined architectural residence offers spectacular living in an exceptional location. This is a spacious and special property for discerning buyers. Quality construction and impressive materials anchor the three expansive levels of this home, providing a sophisticated and stylish environment in which to live, work, play and entertain. Boasting high ceilings and transom windows, the design details have a classic and timeless elegance that is lasting. Large, sliding doors dramatically span seamlessly to the yard which features a pool, truly offering an indoor/outdoor living room that takes full advantage of the large lot. With four bedrooms upstairs, highlighted by the primary suite with its treetop views and striking, serene bathroom, this beautifully maintained home is currently configured with two work-from-home offices, and a spacious basement/lower level with a media/theater room, an outfitted gym, plus a bar and large seating/library this one has it all. There is a wonderful, reassuring feeling of privacy and security in this property and yet the proximity can't be beat: perfectly situated between The Brentwood Country Mart and close to upscale shops and restaurants on Montana Avenue, plus easy access to the beaches or further into town. An exceptional opportunity for elevated living in a great location. This special residence features luxury materials and choices, including gorgeous hardwood floors, 5 separate air conditioning zones, solar panels, a bonus rooftop deck/lounge, plenty of storage and a spacious two-car garage with Tesla charger.

Last Agent to Sell the Property

Peter Turman

Coldwell Banker Realty License #01479202 Listed on: 07/08/2022

Coldwell Banker Realty

Last Buyer's Agent

David Offer

Berkshire Hathaway HomeServices California Properties License #01150357

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $93,265

Year Built

  • Built in 2008

Lot Details

  • 8,734 Sq Ft Lot
  • Lot Dimensions are 60x145
  • Property is zoned SMR1*

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces

Interior Spaces

  • 7,104 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Home Theater
  • Home Office
  • Sound Studio
  • Home Gym
  • Security System Owned
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters
  • 7 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Waterfall Pool Feature

Utilities

  • Zoned Heating and Cooling
  • Sewer in Street

Additional Features

  • Solar Power System
  • Covered Patio or Porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4278-002-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$93,265

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 7104
  • Lot Acreage: 0.2005
  • Lot Dimensions: 60x145
  • Stories: 3
  • Year Built: 2008
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Stone Tile, Carpet, Hardwood
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 7
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Laundry Area, Room
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Alarm System, Bar Ice Maker, Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Washer, Solar Panels, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1125.99

Exterior Features

  • Other Structures: None
  • Pool Description: Waterfall, Heated And Filtered, In Ground
  • Pool: Yes
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Garage Is Detached

Utilities

  • Cooling: Air Conditioning, Multi/Zone
  • Heating: Central
  • Security: Owned
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4278-002-013
  • Lot Size Area: 8734

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Aug 17, 2022
Sold by
Carter Trust
Bought by
Batra-Malhotra 2012 Family Trust
Seller's Agent
Peter Turman
Coldwell Banker Realty
Buyer's Agent
David Offer
Berkshire Hathaway HomeServices California Properties
List Price
$7,999,000
Sold Price
$7,825,000
Premium/Discount to List
-$174,000
-2.18%
Views
16
Current Estimated Value
$9,284,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,459,186
Avg. Annual Appreciation
6.64%
Original Mortgage
$5,750,000
Outstanding Balance
$5,503,268
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$3,993,001

Purchase Details

Closed on
Oct 29, 2008
Sold by
Armenta Maria Cristina and Moore Stephen Frederick
Bought by
Lubinski Nancy and The Carter Trust

Purchase Details

Closed on
Sep 3, 2003
Sold by
Field Edward Clifton and Monteith Diane
Bought by
Armenta Maria Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,186,500
Interest Rate
5.98%
Mortgage Type
Credit Line Revolving
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
Batra-Malhotra 2012 Family Trust $7,825,000 Lawyers Title
Lubinski Nancy $5,000,000 Stewart Title
Armenta Maria Cristina $1,695,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Batra-Malhotra 2012 Family Trust $5,750,000
Previous Owner Armelita Maria Cristina $850,000
Previous Owner Armenta Maria Cristina $1,650,000
Previous Owner Armenta Maria Cristina $1,186,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2022 08/23/22 Sold $7,825,000 -2.2% $1,101 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $7,999,000 -- $1,126 / 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 $93,265 $8,141,129 $4,865,742 $3,275,387
2024 $93,265 $7,981,500 $4,770,336 $3,211,164
2023 $91,785 $7,825,000 $4,676,800 $3,148,200
2022 $72,413 $6,102,584 $3,033,724 $3,068,860
2021 $70,690 $5,982,927 $2,974,240 $3,008,687
2019 $69,536 $5,805,472 $2,886,023 $2,919,449
2018 $65,394 $5,691,640 $2,829,435 $2,862,205
2016 $63,042 $5,470,628 $2,719,565 $2,751,063
2015 $62,238 $5,388,455 $2,678,715 $2,709,740
2014 $61,291 $5,282,903 $2,626,243 $2,656,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-169505

The MLS

APN: 4278-002-013