NOT LISTED FOR SALE

Estimated Value: $3,785,000 - $5,036,000

4 Beds
3 Baths
2,829 Sq Ft
$1,574/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $3,825,000 $1,352 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $28,006/month

18 Days on Market

Highlights

  • Newly Remodeled
  • Gourmet Kitchen
  • Living Room with Fireplace
  • John Muir Elementary School Rated A
  • Views of Trees
  • 5-minute walk to Ocean View Park

About This Home

As of June 2015

Stunning newly constructed architectural home just steps from the beach. Designed by renowned Italian architect on double lot, w/perfect indoor/outdoor flow, elegant custom finishes, abundant natural light, and ocean breezes. 4BD/3BA with appx. 2,829 SF of interior living space and 1,823 SF of multi-level livable exterior space. Magnificent for entertaining. The gourmet Italian Scavolini kitchen, with the stand-out Italian Bertazzoni range, is open to the dining and living areas. The upstairs bedrooms open to their private terraces. The master suite features a gas fireplace & custom walk-in closet. The master bath showcases the sophisticated Wetstyle Tulip Collection bathtub & Wetstyle vanities. Around the corner from the heart of Main St.'s boutiques, cafes, restaurants, local groceries & only a short distance to Rose Ave. and Abbot Kinney. Enjoy one of the few LA. neighborhoods where you do not need the car. There is no better way to experience Southern California beach living.

Last Agent to Sell the Property

Patrizia Medicina

Coldwell Banker Realty License #01272647 Listed on: 05/28/2015

Coldwell Banker Realty

Last Buyer's Agent

Tracey Hennessey

Compass License #01017938

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,817

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 5,009 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Redwood Fence
  • Property is zoned SMOP2*

Interior Spaces

  • 2,829 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Skylights
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Views of Trees

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Kitchen Island

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Parking

  • 2 Parking Spaces
  • Automatic Gate
  • Controlled Entrance

Location

  • City Lot

Utilities

  • Two cooling system units
  • Hot Water Circulator
  • Central Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4288-004-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,817

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Foyer
  • Living Area: 2829
  • Lot Dimensions: 50X100
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: New Construction
  • Stories: 2
  • Year Built: 2015
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Number Of Remote Controls: 3
  • Fireplace Rooms: Living Room
  • Flooring: Stained Concrete, Tile, Wood
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Kitchen Island
  • Kitchen Features: Gourmet Kitchen
  • Laundry: On Upper Level, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins
  • Fireplace: Yes
  • Price Per S Q F T: 1236.48
  • Windows: Skylights

Exterior Features

  • Other Features: Custom Built
  • Tennis Court Y/N: No
  • Fence: Redwood
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Controlled Entrance
  • Total Parking: 2

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Dual
  • Heating: Hot Water Circulator
  • Security: Automatic Gate
  • Sewer: In Street

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4288-004-005
  • Geocode Override: No
  • Lot Description: Automatic Gate
  • Lot Location: City
  • Lot Size Area: 5009

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2015
Closed on
Jun 19, 2015
Sold by
Demaio Lorenzo
Bought by
The Simon 2012 Revocable Trust
Seller's Agent
Patrizia Medicina
Coldwell Banker Realty
Buyer's Agent
Tracey Hennessey
Compass
List Price
$3,498,000
Sold Price
$3,825,000
Premium/Discount to List
$327,000
9.35%
Current Estimated Value
$4,452,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$627,322
Avg. Annual Appreciation
1.49%

Purchase Details

Closed on
Nov 22, 2013
Sold by
Demaio Lorenzo
Bought by
Demaio Lorenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$677,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 10, 2013
Sold by
Demaio Lorenzo
Bought by
Demaio Lorenzo and Lorenzo De Maio Trust

Purchase Details

Listed on
Jul 2, 2012
Closed on
Jul 24, 2012
Sold by
Feller Steven and Feller Louise
Bought by
Demalo Lorenzo
Seller's Agent
Albert Goldberg
Albert Maxwell Goldberg
Buyer's Agent
Patrizia Medicina
Coldwell Banker Realty
List Price
$1,199,500
Sold Price
$1,170,000
Premium/Discount to List
-$29,500
-2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.70%

Purchase Details

Closed on
May 21, 2007
Sold by
Berman Tatyana and Nickless David M
Bought by
Feller Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2001
Sold by
Caplan Gaita
Bought by
Kessler Amalia
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
The Simon 2012 Revocable Trust $3,825,000 Lawyers Title
Demaio Lorenzo -- Stewart Title Of Ca Inc
Demaio Lorenzo -- None Available
Demalo Lorenzo $1,170,011 Fatcola
Feller Steven $1,300,000 California Title
Berman Tatyana -- California Title
Kessler Amalia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demaio Lorenzo $677,000
Previous Owner Feller Steven $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $3,825,000 +9.3% $1,352 / Sq Ft
06/15/2015 06/15/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $3,498,000 +199.0% $1,236 / Sq Ft
08/02/2012 08/02/12 Sold $1,170,000 -2.5% $1,502 / Sq Ft
07/03/2012 07/03/12 Pending -- -- --
07/02/2012 07/02/12 For Sale $1,199,500 -- $1,540 / 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 $52,817 $4,597,068 $3,677,658 $919,410
2024 $52,817 $4,506,931 $3,605,548 $901,383
2023 $51,974 $4,418,560 $3,534,851 $883,709
2022 $51,354 $4,331,923 $3,465,541 $866,382
2021 $50,135 $4,246,985 $3,397,590 $849,395
2019 $49,310 $4,121,018 $3,296,816 $824,202
2018 $46,380 $4,040,215 $3,232,173 $808,042
2016 $44,733 $3,883,331 $3,106,665 $776,666
2015 $14,235 $1,198,792 $1,157,809 $40,983
2014 $14,033 $1,175,311 $1,135,130 $40,181
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-905985

The MLS

APN: 4288-004-005