NOT LISTED FOR SALE

Estimated Value: $3,865,000 - $4,674,000

5 Beds
3.5 Baths
3,155 Sq Ft
$1,327/Sq Ft Est. Value

Last Sold August 11, 2016

Last sale price $2,738,000 $868 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $25,473/month

11 Days on Market

Highlights

  • In Ground Pool
  • Views of Trees
  • Family Room with Fireplace
  • Castle Heights Elementary Rated A-
  • Maid or Guest Quarters
  • Traditional Architecture

About This Home

As of August 2016

White Picket Fence dreams come true in this Two-Story Traditional home located on highly desired street in Cheviot Hills. Tastefully renovated throughout, this home has a convenient floor plan, flooded with natural light. An elegant living room with classic fireplace leads you through french doors which open to a cozy family room, complete with custom built-ins, and well appointed wet bar with wine fridge. The intimate formal dining room is off the gourmet kitchen with stainless steel appliances, Caesarstone counter tops, abundant cabinetry and a perfectly designed breakfast room with french doors and large windows that open to the lushly landscaped backyard oasis. The backyard has it all: a spacious patio, built-in BBQ, large sitting area with fire pit and a huge sparkling saltwater pool with spa, baja deck, and cascade waterfall. This home radiates the warmth of mahogany hardwood floors, hand-crafted built-ins, plantation shutters, decorative moldings, and recessed lighting.

Last Agent to Sell the Property

Rory Posin

Estate Properties License #01030819 Listed on: 06/24/2016

Co-Listed By

Kristian Bonk

Estate Properties License #01466159

Last Buyer's Agent

Reid Kaplan

Estate Properties License #01711288

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,788

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 8,763 Sq Ft Lot
  • Lot Dimensions are 70x125
  • Sprinkler System
  • Property is zoned LAR1

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,155 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Recessed Lighting
  • Formal Entry
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Area
  • Views of Trees
  • Security System Owned
  • Laundry Room

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters
  • Spa Bath

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Slab Porch or Patio
  • Built-In Barbecue

Utilities

  • Air Conditioning
  • Central Heating
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4316-011-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,788

Year Built

Built in 1957 | Remodeled

Lot Details

0

HOA Fees

$11 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 3155
  • Lot Dimensions: 70x125
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1957
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Recessed Lighting, Wet Bar
  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Carpet, Hardwood
  • Appliances: Built-In BBQ, Cooktop - Gas
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Room, Dining Area
  • Laundry: Inside, Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Bar Ice Maker, Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 823.14

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Concrete Slab, Patio Open, Rock/Stone
  • Pool Description: Private
  • Pool: Yes
  • Roof: Composition, Shingle
  • Spa: Bath Tub, In Ground
  • Spa Yn: Yes
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Direct Entrance, Door Opener, Driveway, Garage, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Owned
  • Sewer: In Street

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 135.00

Lot Info

  • Special Zoning: Property Report
  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 4316-011-009
  • Geocode Override: No
  • Lot Size Area: 8763

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2016
Closed on
Jul 28, 2016
Sold by
Silver Scott
Bought by
Richter Ian Mcneill Mills and Richter Julia Michelson
Seller's Agent
Rory Posin
Estate Properties
Buyer's Agent
Reid Kaplan
Estate Properties
List Price
$2,597,000
Sold Price
$2,738,000
Premium/Discount to List
$141,000
5.43%
Current Estimated Value
$4,187,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,449,839
Avg. Annual Appreciation
5.75%
Original Mortgage
$2,053,500
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2015
Sold by
Silver Scott
Bought by
Silver Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,500
Interest Rate
3.62%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 8, 2014
Sold by
Silver Scott
Bought by
Silver Karen and The Scott Residence Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,049,499
Interest Rate
2.52%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 7, 2014
Sold by
Silver Karen
Bought by
Silver Scott and The Karen Residence Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,049,499
Interest Rate
2.52%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 15, 2013
Sold by
Silver Karen
Bought by
Silver Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,049,499
Interest Rate
2.52%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 23, 2012
Sold by
Silver Karen
Bought by
Silver Scott and The Karen Residence Trust

Purchase Details

Closed on
Feb 20, 2008
Sold by
Ag4 Llc
Bought by
The Scott & Karen Silver Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
6.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 2, 2007
Sold by
Silver Scott and Silver Karen
Bought by
Ag4 Llc

Purchase Details

Closed on
Aug 12, 2003
Sold by
Silver Scott and Silver Karen
Bought by
Silver Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$912,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2002
Sold by
Bragg Raphaelle
Bought by
Rameriz Family Trust

Purchase Details

Closed on
Oct 5, 1993
Sold by
Bragg William A
Bought by
Bragg Raphaelle
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
Richter Ian Mcneill Mills $2,738,000 Commonwealth Land Title Co
Silver Karen -- Accommodation
Silver Scott -- Accommodation
Silver Karen -- Accommodation
Silver Scott -- Accommodation
Silver Scott -- Accommodation
Silver Karen -- None Available
Silver Scott -- None Available
Silver Karen -- None Available
Silver Scott -- None Available
The Scott & Karen Silver Family Trust -- Accommodation
Ag4 Llc -- Accommodation
Silver Scott -- Orange Coast Title Company
Silver Scott -- Orange Coast Title Company
Rameriz Family Trust -- --
Bragg Raphaelle -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richter Mcneill Mills $1,871,600
Closed Richter Living Trust $1,871,600
Closed Richter Ian Mcneill Mills $2,053,500
Previous Owner Silver Karen $630,500
Previous Owner Silver Scott $1,049,499
Previous Owner Silver Scott $197,000
Previous Owner Silver Scott $558,000
Previous Owner Silver Scott $254,000
Previous Owner Silver Scott $1,042,000
Previous Owner Silver Scott $180,000
Previous Owner Silver Scott $912,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2016 08/11/16 Sold $2,738,000 +5.4% $868 / Sq Ft
07/05/2016 07/05/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $2,597,000 -- $823 / 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 $37,788 $3,177,677 $1,972,992 $1,204,685
2024 $37,788 $3,115,370 $1,934,306 $1,181,064
2023 $37,050 $3,054,285 $1,896,379 $1,157,906
2022 $35,317 $2,994,398 $1,859,196 $1,135,202
2021 $34,890 $2,935,686 $1,822,742 $1,112,944
2019 $33,836 $2,848,615 $1,768,680 $1,079,935
2018 $33,712 $2,792,760 $1,734,000 $1,058,760
2016 $18,244 $1,501,645 $1,201,045 $300,600
2015 $17,977 $1,479,090 $1,183,005 $296,085
2014 -- $1,450,118 $1,159,832 $290,286
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-137588

The MLS

APN: 4316-011-009