NOT LISTED FOR SALE

302 Marguerita Ave Santa Monica, CA 90402

North of Montana Neighborhood

Estimated Value: $6,889,525 - $8,229,000

3 Beds
3 Baths
4,184 Sq Ft
$1,833/Sq Ft Est. Value

Last Sold March 19, 2012

Last sale price $4,080,000 $975 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $45,790/month

24 Days on Market

Highlights

  • Detached Guest House
  • Heated In Ground Pool
  • Wood Flooring
  • Roosevelt Elementary School Rated A+
  • Fireplace in Primary Bedroom
  • Mediterranean Architecture

About This Home

As of March 2012

Gorgeous Mediterranean home in a premier Santa Monica location. The gracious entry ushers you into a large step-down living room and on to a dramatic two-story den with vaulted ceilings and classic wrought iron fixtures. Walls of French doors open to an elegant outdoor patio with fireplace and entertaining areas overlooking a sparkling swimming pool and rolling lawn. A large master suite and two additional bedrooms comprise the upper level and a separate guest unit at the rear of the property provides additional sleeping quarters. This lovely property, steps from the ocean on one of the most coveted north of Montana streets is a rare offering.

Last Agent to Sell the Property

Mark Rutstein

Carolwood Estates License #01785276 Listed on: 01/09/2012

Carolwood Estates

Co-Listed By

Greg Holcomb

Carolwood Estates License #01347788

Last Buyer's Agent

Dan Urbach

Compass License #01147391

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,082

Year Built

  • Built in 1973

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 53x209
  • Property is zoned SMR1*

Parking

  • 2 Car Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 4,184 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Bathrooms

Outdoor Features

  • Heated In Ground Pool
  • Open Patio

Additional Homes

  • Detached Guest House

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4293-008-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,082

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 4184
  • Lot Dimensions: 53x209
  • Stories: 2
  • Year Built: 1973
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom, Patio
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Fireplaces: 3
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Garbage Disposal, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 1015.77

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool Description: Heated, Private
  • Pool: Yes
  • Roof: Tile
  • Spa: Private
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage
  • Total Parking: 2

Utilities

  • Cooling: Multi/Zone
  • Heating: Central

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4293-008-026
  • Lot Size Area: 11130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2018
Sold by
Gottlieb Richard and Gottlieb Richard J
Bought by
Gottlieb Richard J and The Richard J Gottlieb Separat
Current Estimated Value
$7,500,041

Purchase Details

Listed on
Jan 9, 2012
Closed on
Feb 23, 2012
Sold by
Depalma Brian and The De Palma Trust
Bought by
Gottlieb Richard
Seller's Agent
Mark Rutstein
Carolwood Estates
Buyer's Agent
Dan Urbach
Compass
List Price
$4,250,000
Sold Price
$4,080,000
Premium/Discount to List
-$170,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%
Original Mortgage
$2,448,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 9, 2012
Closed on
Feb 6, 2012
Sold by
Gottlieb Irina
Bought by
Gottlieb Richard
Seller's Agent
Mark Rutstein
Carolwood Estates
Buyer's Agent
Dan Urbach
Compass
List Price
$4,250,000
Sold Price
$4,080,000
Premium/Discount to List
-$170,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,448,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2005
Sold by
Depalma Brian
Bought by
Depalma Brian and The De Palma Trust

Purchase Details

Closed on
Jun 2, 2005
Sold by
Mellon Bruce and The Bruce Mellon Revocable Tru
Bought by
Depalma Brian

Purchase Details

Closed on
Nov 1, 1994
Sold by
Orient Glass Inc
Bought by
Mellon Bruce and Bruce Mellon Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$774,800
Interest Rate
6.3%
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
Gottlieb Richard J -- None Available
Gottlieb Richard $4,080,040 Lawyers Title Company
Gottlieb Richard -- Lawyers Title Company
Depalma Brian -- --
Depalma Brian -- Equity Title Company
Mellon Bruce $968,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gottlieb Richard $3,735,000
Closed Gottlieb Richard $2,448,000
Previous Owner Mellon Bruce $1,000,000
Previous Owner Mellon Bruce $700,000
Previous Owner Mellon Bruce $1,000,000
Previous Owner Mellon Bruce $600,000
Previous Owner Mellon Bruce $250,000
Previous Owner Mellon Bruce $774,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2012 03/19/12 Sold $4,080,000 -4.0% $975 / Sq Ft
02/02/2012 02/02/12 Pending -- -- --
01/09/2012 01/09/12 For Sale $4,250,000 -- $1,016 / 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 $59,082 $5,124,703 $3,043,798 $2,080,905
2024 $59,082 $5,024,219 $2,984,116 $2,040,103
2023 $58,144 $4,925,705 $2,925,604 $2,000,101
2022 $57,456 $4,829,124 $2,868,240 $1,960,884
2021 $56,095 $4,734,436 $2,812,000 $1,922,436
2020 $55,719 $4,685,891 $2,783,167 $1,902,724
2019 $55,178 $4,594,012 $2,728,596 $1,865,416
2018 $51,804 $4,503,935 $2,675,095 $1,828,840
2016 $49,958 $4,329,044 $2,571,219 $1,757,825
2015 $49,319 $4,264,018 $2,532,597 $1,731,421
2014 $48,573 $4,180,492 $2,482,987 $1,697,505
Source: Public Records

Agents Affiliated with this Home

  • Mark Rutstein

    Seller's Agent in 2012

    Mark Rutstein

    Carolwood Estates

    (310) 200-2524

    1 in this area

    41 Total Sales

    Section Image
  • Greg Holcomb

    Seller Co-Listing Agent in 2012

    Greg Holcomb

    Carolwood Estates

    (310) 435-3711

    57 Total Sales

    Section Image
  • Dan Urbach

    Buyer's Agent in 2012

    Dan Urbach

    Compass

    (310) 741-1881

    4 in this area

    131 Total Sales

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Map

Source: The MLS

MLS Number: 12-574135

The MLS

APN: 4293-008-026

California Los Angeles County Santa Monica 90402 North of Montana

302 Marguerita Ave, Santa Monica, CA

This home is located at 302 Marguerita Ave, Santa Monica, CA 90402 since 09 January 2012 and is currently estimated at $7,668,842, approximately $1,832 per square foot. This property was built in 1973. 302 Marguerita Ave is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Lincoln Middle School, and Santa Monica High School.

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