253 Rees St Playa Del Rey, CA 90293
Estimated Value: $3,914,000 - $4,641,000
5
Beds
4.5
Baths
3,269
Sq Ft
$1,258/Sq Ft
Est. Value
Highlights
- Ocean View
- Detached Guest House
- Maid or Guest Quarters
- Kentwood Elementary Rated A-
- Garage Apartment
- Wood Flooring
About This Home
As of October 2019LOOKING FOR BACK UP! Exquisite Spanish Revival classic on prime Playa del Rey hilltop w/spectacular ocean, Marina & Malibu coastline views. This California classic was said to have been built in 1928 for the Guggenheim family on the coveted 'Palisades del Rey' ocean view bluff. Now it is being sold by the longterm 2nd owners. This grand home features 4 beds, den & 3.5 baths in main house + studio 'chauffeur's quarters' off garage. Features include artistic etched beamed ceilings, quarter-sawn oak parquet floors, grand & graceful archways, delightful Spanish tile detailing & dramatic picture windows framing breathtaking whitewater views. Spacious ocean view dining room, kitchen w/butler's pantry, circular breakfast room opening to shady front patio. Romantic master retreat w/whitewater, mountain & city lights views, sunroom/office, walk-in cedar closet & bright ocean view bath w/lovely vintage tiles. Ocean views from most rooms & deck. Architectural treasure overlooking Silicon Beach.
Last Agent to Sell the Property
Coldwell Banker Realty License #01216340 Listed on: 06/14/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $38,974
Year Built
- Built in 1928
Lot Details
- 7,789 Sq Ft Lot
- Property is zoned LAR1
Property Views
- Ocean
- Bay
- Mountain
Home Design
- Spanish Architecture
Interior Spaces
- 3,269 Sq Ft Home
- 2-Story Property
- Bar
- Wood Burning Fireplace
- Formal Entry
- Living Room with Fireplace
- Breakfast Room
- Formal Dining Room
- Home Office
Kitchen
- Oven or Range
- Disposal
Flooring
- Wood
- Wood Under Carpet
- Parquet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- Dressing Area
- Powder Room
- Maid or Guest Quarters
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 4 Car Attached Garage
- Garage Apartment
- Driveway
Additional Features
- Open Patio
- Detached Guest House
- Forced Air Heating System
Community Details
- No Home Owners Association
- Service Entrance
Listing and Financial Details
- Assessor Parcel Number 4116-014-004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 1, 2020
Sold by
Mcguire John and Drablier Lauren
Bought by
Mcguire John Thomas
Total Days on Market
47
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
$1,930,000
Outstanding Balance
$1,727,337
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$2,310,951
Purchase Details
Closed on
Aug 6, 2019
Sold by
Runyan Tevis and The Pauline T Runyan Trust
Bought by
Mcguire John and Drablier Lauren
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,550,000
Interest Rate
3.5%
Similar Homes in the area
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 |
|---|---|---|---|
| Mcguire John Thomas | -- | Fidelity National Title Co | |
| Mcguire John | $3,000,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcguire John Thomas | $150,000 | |
| Open | Mcguire John Thomas | $1,930,000 | |
| Previous Owner | Mcguire John | $2,550,000 | |
| Previous Owner | Runyan Pauline T | $283,500 | |
| Previous Owner | The Pauline T Runyan Revocable Trust | $199,950 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/16/2019 10/16/19 | Sold | $3,000,000 | +0.2% | $918 / Sq Ft |
| 07/31/2019 07/31/19 | Pending | -- | -- | -- |
| 06/14/2019 06/14/19 | For Sale | $2,995,000 | -- | $916 / 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 |
|---|---|---|---|---|
| 2024 | $38,974 | $3,216,604 | $2,305,233 | $911,371 |
| 2023 | $38,212 | $3,153,534 | $2,260,033 | $893,501 |
| 2022 | $36,422 | $3,091,701 | $2,215,719 | $875,982 |
| 2021 | $35,981 | $3,031,080 | $2,172,274 | $858,806 |
| 2019 | $2,864 | $213,587 | $109,211 | $104,376 |
| 2018 | $2,768 | $209,400 | $107,070 | $102,330 |
| 2016 | $2,614 | $201,270 | $102,913 | $98,357 |
| 2015 | $2,578 | $198,248 | $101,368 | $96,880 |
| 2014 | $2,596 | $194,366 | $99,383 | $94,983 |
Source: Public Records
Agents Affiliated with this Home
-
Alice Plato
Seller's Agent in 2019
Alice Plato
Coldwell Banker Realty
(310) 704-4188
16 in this area
26 Total Sales
Map
Source: The MLS
MLS Number: 19-477072
APN: 4116-014-004
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