NOT LISTED FOR SALE

Estimated Value: $4,383,000 - $4,808,000

6 Beds
7.5 Baths
6,627 Sq Ft
$691/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $3,200,000 $483 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $27,536/month

106 Days on Market

Highlights

  • Ocean View
  • Detached Guest House
  • Projection Room
  • Lowell Elementary School Rated A-
  • Wine Cellar
  • Heated In Ground Pool

About This Home

As of July 2020

Reduced 105k. 360 Degree Virtual Tour Now Active! This home is a unique and charming house in the Estates Section of Belmont Heights.This Mediterranean Revival sits at the top of the hill on a double premier corner lot with vista views of the Pacific Ocean, shoreline and night lights.The home offers mind-blowing enormous rooms with amazing details.The home also provides optimum privacy, while situated on a one-of-a-kind corner lot showing the gorgeous private grounds from every room. 1st flr:central foyer,LR,DR,Piano Room,library/office,2 guest suites,double-isle Ash kitchen,gracious FR,dinette area.2nd flr:3 Parlor suites,galleria landing,large lounging balcony,scenic views from every angle.Full basement was remodeled as a 1920's style performance stage/media room with bar, bath and a wine tasting room.There is a separate guest house, pool and jacuzzi, bath and laundry with private entrance.4 car garage with 1 lift.Mahogany base, 15"crown molding,limestone,Sierra Pacific windows,3 HVACS,Solar System, 4 fireplaces, salt-water pool, built-in bar b que.Fully landscaped in 2014. The best way to view this home is to see the Virtual Tour. Motivated Seller, they have bought another.

Last Agent to Sell the Property

Mo Usman

A1 Realty, Inc. License #01301545 Listed on: 03/05/2020

Last Buyer's Agent

Leonard Rabinowitz

Christie's International Real Estate SoCal License #01496421

Christie's International Real Estate SoCal

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009 | Remodeled

Lot Details

  • 0.29 Acre Lot
  • Property fronts an alley
  • Drip System Landscaping
  • Corner Lot
  • Sprinklers Throughout Yard
  • Private Yard
  • Garden
  • Back and Front Yard
  • Property is zoned LBR1N

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors
  • Garage Door Opener

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • Peek-A-Boo
  • Pool
  • Neighborhood
  • Courtyard

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Flat Roof Shape
  • Interior Block Wall
  • Spanish Tile Roof
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 6,627 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Wired For Sound
  • Built-In Features
  • Bar
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Wine Cellar
  • Family Room Off Kitchen
  • Formal Dining Room
  • Projection Room
  • Home Theater
  • Home Office
  • Finished Basement
  • Sump Pump

Kitchen

  • Kitchenette
  • Updated Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Self-Cleaning Convection Oven
  • Gas Oven
  • Built-In Range
  • Range Hood
  • Warming Drawer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Corian Countertops
  • Pots and Pans Drawers
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers
  • Utility Sink
  • Disposal
  • Instant Hot Water

Flooring

  • Bamboo
  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Primary Bedroom Suite
  • In-Law or Guest Suite
  • Corian Bathroom Countertops
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Multiple Shower Heads
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Home Security System
  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Gas Heated Pool
  • Gunite Pool
  • Saltwater Pool
  • Waterfall Pool Feature

Outdoor Features

  • Balcony
  • Exterior Lighting

Schools

  • Rogers Middle School
  • Wilson High School

Utilities

  • Zoned Heating and Cooling
  • Baseboard Heating
  • Hot Water Circulator
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Solar Water Heater
  • Detached Guest House

Listing and Financial Details

  • Legal Lot and Block 2 / 9
  • Tax Tract Number 1
  • Assessor Parcel Number 7250033001

Community Details

Overview

  • No Home Owners Association

Recreation

  • Dog Park
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2009 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security System
  • Subdivision Name Other: Belmont Heights (BH)
  • View: Yes
  • Zoning: LBR1N
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7250033001
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6627.00 Square Feet
  • Interior Amenities: 2 Staircases, In-Law Floorplan, Balcony, Bar, Block Walls, Built-in Features, Ceiling Fan(s), Copper Plumbing Full, Corian Counters, Crown Molding, Granite Counters, High Ceilings, Intercom, Pantry, Recessed Lighting, Sump Pump, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Bamboo, Carpet, Stone, Tile, Wood
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 6
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Family Kitchen, In Family Room, Dining Room, In Kitchen, Separated
  • Fireplace Features: Gas, Wood Burning
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 482.87
  • Room Type: Basement, Foyer, Home Theatre, Main Floor Bedroom, Master Suite, Media Room, Office, Projection, Retreat, Separate Family Room, Wine Cellar
  • Spa Features: Private, In Ground
  • Bathroom Features: Bathtub, Bidet, Shower, Shower In Tub, Corian Counters, Double Sinks In Bath(s), Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Jetted Tub, Linen Closet/Storage, Privacy Toilet Door, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Corian Counters, Granite Counters, Kitchen Island, Kitchenette, Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Drawers, Utility Sink, Walk-In Pantry
  • Basement: Finished

Exterior Features

  • Other Structures: Guest House Detached
  • View: Coastline, Courtyard, Neighborhood, Ocean, Panoramic, Peek-A-Boo, Pool, Water
  • Pool Features: Private, Gunite, Heated, Gas Heat, In Ground, Salt Water, Waterfall
  • Pool Private: Yes
  • Roof: Composition, Flat, Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Covered, Direct Garage Access, Garage, Garage Faces Rear, Garage - Two Door, Garage Door Opener, Oversized
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Self Cleaning Oven, Convection Oven, Dishwasher, Double Oven, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Hot Water Circulator, Ice Maker, Instant Hot Water, Range Hood, Refrigerator, Self Cleaning Oven, Solar Hot Water, Warming Drawer
  • Heating Type: Central, Baseboard, Fireplace(s)
  • Laundry Features: Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Sidewalks, Street Lights

Schools

  • High School: Wilson
  • Middle Or Junior School: Rogers
  • High School2: WILSON

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Garden, Landscaped, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 12682.00
  • Lot Size Acres: 0.2911

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12682.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 9
  • Tax Census Tract: 5774.00
  • Tax Lot: 2
  • Tax Tract Number: 00001

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Jun 23, 2020
Sold by
Bayer Terry and Vega Victor
Bought by
Hale John and Hale Shannon
Seller's Agent
Mo Usman
A1 Realty, Inc.
Buyer's Agent
Leonard Rabinowitz
Christie's International Real Estate SoCal
List Price
$3,600,000
Sold Price
$3,200,000
Premium/Discount to List
-$400,000
-11.11%
Current Estimated Value
$4,579,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,379,642
Avg. Annual Appreciation
6.80%

Purchase Details

Listed on
Apr 14, 2011
Closed on
Aug 17, 2012
Sold by
Argonne Heights Llc
Bought by
Bayer Terry and Vega Victor
Seller's Agent
Michael Roland
Coldwell Banker Realty
Buyer's Agent
Joe Syiek
All Coast Brokers, Inc
List Price
$3,395,000
Sold Price
$2,625,000
Premium/Discount to List
-$770,000
-22.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.56%
Original Mortgage
$1,837,500
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2012
Sold by
Gill David A
Bought by
Argonne Heights Llc

Purchase Details

Closed on
Jul 7, 2004
Sold by
Payne Geoffrey S
Bought by
Payne Geoffrey S and Payne Nicole M

Purchase Details

Closed on
Apr 22, 2004
Sold by
Lakoff Louise T
Bought by
Payne Geoffrey S and Payne Nicole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 1998
Sold by
Tripeny Marion E
Bought by
Tripeny Marion E and The Marion E Tripeny Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hale John $3,200,000 First American Title Company
Bayer Terry $2,625,000 Nat
Argonne Heights Llc -- None Available
Payne Geoffrey S -- --
Payne Geoffrey S -- Lawyers Title
Tripeny Marion E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bayer Terry $1,837,500
Previous Owner Payne Geoffrey S $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2020 07/30/20 Sold $3,200,000 -8.4% $483 / Sq Ft
06/04/2020 06/04/20 Price Changed $3,495,000 -2.9% $527 / Sq Ft
03/05/2020 03/05/20 For Sale $3,600,000 +37.1% $543 / Sq Ft
10/01/2012 10/01/12 Sold $2,625,000 -2.6% $375 / Sq Ft View Prior Sale
08/25/2012 08/25/12 Pending -- -- --
02/16/2012 02/16/12 Price Changed $2,695,000 -3.6% $385 / Sq Ft
06/23/2011 06/23/11 Price Changed $2,795,000 -9.8% $399 / Sq Ft
05/11/2011 05/11/11 Price Changed $3,100,000 -8.7% $443 / Sq Ft
04/14/2011 04/14/11 For Sale $3,395,000 -- $485 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $43,072 $3,463,782 $2,381,350 $1,082,432
2024 $43,072 $3,395,865 $2,334,657 $1,061,208
2023 $42,373 $3,329,280 $2,288,880 $1,040,400
2022 $39,744 $3,264,000 $2,244,000 $1,020,000
2021 $38,987 $3,200,000 $2,200,000 $1,000,000
2020 $36,498 $2,975,432 $2,071,809 $903,623
2019 $36,072 $2,917,091 $2,031,186 $885,905
2018 $35,066 $2,859,894 $1,991,359 $868,535
2016 $32,222 $2,748,842 $1,914,033 $834,809
2015 $30,898 $2,707,553 $1,885,283 $822,270
2014 $30,634 $2,654,516 $1,848,353 $806,163
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20046509

California Regional Multiple Listing Service (CRMLS)

APN: 7250-033-001