NOT LISTED FOR SALE

Estimated Value: $4,610,000 - $4,967,000

5 Beds
2 Baths
2,416 Sq Ft
$1,964/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $4,245,000 $1,757 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $25,193/month

15 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • No HOA
  • Franklin Elementary School Rated A+
  • Spanish Architecture
  • Views

About This Home

As of April 2024

Nestled within the esteemed Gillette Square of Santa Monica, this Spanish-style residence graces the market for the first time in over 50 years. Emanating classic charm, the home showcases timeless architectural elements, including a terracotta tile roof, arched entryway, and intricate wrought-iron accents. Stepping inside, the interior welcomes with beautiful custom details, hardwood floors, and an abundance of natural light. The living room features a French case window that offers a bright ambience and a warm fireplace. Adjacent, the formal dining room exudes sophistication, boasting custom built-ins and French doors that seamlessly open to the exterior. Outside, the verdant grounds offer a serene escape. Manicured gardens, and a majestic Sycamore tree create an idyllic oasis for outdoor living and entertaining.Positioned in the heart of Santa Monica, this home provides effortless access to upscale shopping, dining, and pristine beaches. With its impeccable design, attentive maintenance, and sought-after location, this property offers a rare opportunity in an exceptional neighborhood. Don't let this chance pass you by to make this captivating retreat your own and craft a lifetime of cherished memories.

Last Agent to Sell the Property

Matthew OKeefe

Compass License #01356816 Listed on: 03/18/2024

Compass

Last Buyer's Agent

Alexandra Newman

Compass License #01967405

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,273

Year Built

  • Built in 1924

Lot Details

  • 8,926 Sq Ft Lot
  • Lot Dimensions are 60x149
  • West Facing Home
  • Property is zoned SMR1*

Parking

  • 2 Car Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,416 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Property Views

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4279-002-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,273

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2416
  • Lot Acreage: 0.2049
  • Lot Dimensions: 60x149
  • Probate: No
  • Stories: 2
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Closet
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Washer, Range/Oven
  • Price Per S Q F T: 1759.11

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4279-002-013
  • Lot Size Area: 8926

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
Apr 23, 2024
Sold by
Ronald K K and Ronald Suzanne C
Seller's Agent
Matthew OKeefe
Compass
Buyer's Agent
Alexandra Newman
Compass
List Price
$4,250,000
Sold Price
$4,245,000
Premium/Discount to List
-$5,000
-0.12%
Views
67
Current Estimated Value
$4,745,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,141
Avg. Annual Appreciation
7.71%
Original Mortgage
$3,183,000
Outstanding Balance
$3,134,163
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$1,610,978
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
-- $4,245,000 Usa National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $3,183,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2024 04/30/24 Sold $4,245,000 -0.1% $1,757 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/18/2024 03/18/24 For Sale $4,250,000 -- $1,759 / 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 $4,273 $4,329,900 $4,057,050 $272,850
2024 $4,273 $291,270 $185,056 $106,214
2023 $4,203 $285,560 $181,428 $104,132
2022 $4,132 $279,962 $177,871 $102,091
2021 $3,557 $274,474 $174,384 $100,090
2019 $3,495 $266,334 $169,212 $97,122
2018 $3,211 $261,113 $165,895 $95,218
2016 $3,067 $250,975 $159,454 $91,521
2015 $3,028 $247,206 $157,059 $90,147
2014 $2,998 $242,365 $153,983 $88,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-369803

The MLS

APN: 4279-002-013