NOT LISTED FOR SALE

305 Alta Ave Santa Monica, CA 90402

North of Montana Neighborhood

Estimated Value: $5,161,000 - $7,838,703

4 Beds
3.5 Baths
2,519 Sq Ft
$2,451/Sq Ft Est. Value

Last Sold October 07, 2015

Last sale price $7,228,000 $2,869 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $38,124/month

25 Days on Market

Highlights

  • Detached Guest House
  • Art Studio
  • Craftsman Architecture
  • Roosevelt Elementary School Rated A+
  • 21,444 Sq Ft lot
  • Wood Flooring

About This Home

As of October 2015

Amazing opportunity North of Montana Avenue on a rare 21,444 SF lot! This 3 bed and 2.5 bath Classical Revival home was recently designated as a Landmark. One should know, however, that there is much flexibility in terms of modifications that can be made to the house. Most permit fees are waived, the interior can be modified in any way and even exterior modifications may be allowed if it compliments the existing style. There are numerous other benefits to owners of landmarked properties, such as significant property tax savings with a Mills Act Contract. Please refer to the attached documents, for more information. A permitted 1 bed, 1 bath guesthouse and artist studio with skylights enhance the desirability of this wonderful property. The classic Craftsman style dining room is warm and inviting. The California basement could be a perfect place to build a wine room. Two bright sun porches. Located mere blocks from the beach, it truly doesn't get much better than this in Santa Monica.

Last Agent to Sell the Property

Bruce Mitchell

Compass License #00963197 Listed on: 08/12/2015

Compass

Co-Listed By

Antoinette Novo

Berkshire Hathaway HomeServices California Properties License #01376820

Last Buyer's Agent

Tamra Pardee

Pardee Properties License #01421451

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,173

Year Built

  • Built in 1913

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 102x209
  • Property is zoned SMR1*

Home Design

  • Craftsman Architecture

Interior Spaces

  • 2,519 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Art Studio
  • Laundry Room
  • Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Parking Spaces
  • Attached Carport
  • Driveway

Additional Features

  • Open Patio
  • Detached Guest House
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4293-008-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,173

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2519
  • Lot Dimensions: 102X209
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1913
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood, Mixed
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 3076.62

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Carport Attached, Driveway
  • Total Parking: 2

Utilities

  • Heating: Central

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4293-008-011
  • Geocode Override: No
  • Lot Size Area: 21444

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2021
Sold by
Ellis Ryan Patrick and Farr Jeffrey Paul
Bought by
Mathers Nicholas
Current Estimated Value
$6,795,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,125,000
Outstanding Balance
$5,435,089
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$739,145

Purchase Details

Listed on
Aug 12, 2015
Closed on
Sep 11, 2015
Sold by
Rosen Lawrence M
Bought by
The Ellis Farr Trust
Seller's Agent
Bruce Mitchell
Compass
Buyer's Agent
Tamra Pardee
Pardee Properties
List Price
$7,750,000
Sold Price
$7,228,000
Premium/Discount to List
-$522,000
-6.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.58%
Original Mortgage
$4,336,800
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1996
Sold by
Rosen Lawrence M
Bought by
Rosen Md Lawrence M and Rosen Ruth
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mathers Nicholas $8,750,000 Fidelity National Title
The Ellis Farr Trust $7,228,000 California Title Company
Rosen Md Lawrence M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mathers Nicholas $0
Open Mathers Nicholas $6,125,000
Previous Owner Ellis Ryan Patrick $4,298,400
Previous Owner The Ellis Farr Trust $4,336,800
Previous Owner Rosen Md Lawrence M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2015 10/07/15 Sold $7,228,000 -6.7% $2,869 / Sq Ft
08/12/2015 08/12/15 For Sale $7,750,000 -- $3,077 / 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 $13,173 $1,034,200 $828,000 $206,200
2024 $13,173 $1,034,200 $828,000 $206,200
2023 $13,197 $1,034,200 $828,000 $206,200
2022 $13,257 $1,034,200 $828,000 $206,200
2021 $13,145 $1,034,200 $828,000 $206,200
2020 $19,101 $1,542,000 $1,500,000 $42,000
2019 $16,128 $1,542,000 $1,500,000 $42,000
2018 $18,389 $1,542,000 $1,500,000 $42,000
2016 $82,846 $7,228,000 $5,782,400 $1,445,600
2015 $3,966 $293,738 $216,221 $77,517
2014 $3,934 $287,985 $211,986 $75,999
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Bruce Mitchell

    Compass

    (310) 877-2845

    4 Total Sales

    Section Image

  • A

    Seller Co-Listing Agent in 2015

    Antoinette Novo

    Berkshire Hathaway HomeServices California Properties

    Section Image
  • Tamra Pardee

    Buyer's Agent in 2015

    Tamra Pardee

    Pardee Properties

    (310) 907-6517

    4 in this area

    946 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 15-932547

The MLS

APN: 4293-008-011

California Los Angeles County Santa Monica 90402 North of Montana

305 Alta Ave, Santa Monica, CA

This home is located at 305 Alta Ave, Santa Monica, CA 90402 since 12 August 2015 and is currently estimated at $6,174,234, approximately $2,451 per square foot. This property was built in 1913. 305 Alta Ave is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Lincoln Middle School, and Santa Monica High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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