NOT LISTED FOR SALE

Estimated Value: $4,959,000 - $5,489,000

4 Beds
3 Baths
2,639 Sq Ft
$1,987/Sq Ft Est. Value

Last Sold November 02, 2021

Last sale price $4,300,000 $1,629 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $33,417/month

Highlights

  • Fireplace in Primary Bedroom
  • Spanish Architecture
  • Balcony
  • Franklin Elementary School Rated A+
  • Breakfast Area or Nook
  • 2 Car Garage

About This Home

As of February 2024

Recently refreshed Spanish-style home located in highly sought after neighborhood North of Montana. This 4 bedroom, 3 bathroom home boasts a modern architectural interior while maintaining a traditional Spanish design on the exterior. Upon entering you'll immediately notice how the home is flooded with natural light. A large skylight sits just above the entry and leads you to the expansive living area, complete with a ceramic tile fireplace and custom built-in bookcases. A charming breakfast nook brings you to the recently remodeled kitchen, featuring quartz countertops, a patterned backsplash and stainless steel appliances. The first floor also has one bedroom and a full bath, as well as a bonus room with ample storage space and direct access to the backyard. Upstairs you'll find the primary suite along with two additional guest rooms that share a full bathroom. The spacious Primary Suite offers a large walk-in closet and french doors leading to an exclusive patio with tranquil treetop views. An ensuite Primary Bathroom rounds out the primary suite with a deep soaking tub, dual vanities and a large separate shower stall. Both the front and back patios are perfect for entertaining and complete with fruit and citrus trees including lemon, orange, fig and guava. A detached two-car garage is accessible both from the street as well as the alley. All of this plus being just a short stroll from all of the shops and restaurants of Montana Ave!

Last Agent to Rent the Property

Regina Vannicola

Compass License #01389034 Listed on: 11/27/2023

Compass

Last Renter's Agent

Sebastian Lorefice

Compass License #02128010

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,528

Year Built

  • Built in 1937

Lot Details

  • 7,612 Sq Ft Lot
  • Lot Dimensions are 50x151
  • Property is zoned SMR1*

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • Driveway

Home Design

  • Spanish Architecture
  • Split Level Home

Interior Spaces

  • 2,639 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $33,000
  • Tenant pays for electricity, cable TV, gas, insurance, trash collection, water
  • Rent includes gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 4278-024-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,528

Year Built

Built in 1937

Lot Details

0

Parking

2

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Rent Includes: Gardener
  • Security Deposit: 33000
  • Tenant Pays: Electricity, Cable TV, Gas, Insurance, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Spanish
  • Single Family Or Apt: Single Family
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Entry Floor: 1
  • Lease Terms: 1+Year
  • Living Area: 2639
  • Lot Acreage: 0.1747
  • Lot Dimensions: 50x151
  • Stories: 2
  • Year Built: 1937
  • Number Of Photos: 43
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom, Free Standing, Wood Burning
  • Flooring: Tile, Vinyl
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: In Closet
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator, Dishwasher, Dryer, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 5.49

Exterior Features

  • Other Features: Balcony
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 1
  • Covered Parking: 2
  • Parking Garage: Driveway, Garage Is Detached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Assessor Parcel Number: 4278-024-023
  • Lot Size Area: 7612

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Oct 19, 2021
Sold by
Deschulthess Marin Celeste and Amalia De Schulthess Living Tr
Bought by
Green 311 21St Llc
Seller's Agent
Alex Hoerner
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Mei Chen
List Price
$3,750,000
Sold Price
$4,300,000
Premium/Discount to List
$550,000
14.67%
Current Estimated Value
$5,242,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$942,945
Avg. Annual Appreciation
5.50%
Original Mortgage
$2,580,000
Outstanding Balance
$2,383,139
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$2,859,806

Purchase Details

Closed on
Sep 1, 1998
Sold by
Deschulthess Amalia
Bought by
Deschulthess Amalia and The Amalia Deschulthess Living Trust
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
Green 311 21St Llc $4,300,000 California Title Company
Deschulthess Amalia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green 311 21St Llc $2,580,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Rented $12,000 -17.2% --
12/06/2023 12/06/23 Price Changed $14,500 -12.1% $5 / Sq Ft
11/27/2023 11/27/23 For Rent $16,500 +10.0% --
05/05/2022 05/05/22 Rented $15,000 -6.3% --
05/02/2022 05/02/22 Under Contract -- -- --
04/04/2022 04/04/22 For Rent $16,000 0.0% --
11/02/2021 11/02/21 Sold $4,300,000 +14.7% $1,629 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $3,750,000 -- $1,421 / 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
2024 $52,528 $4,473,720 $3,578,976 $894,744
2023 $51,691 $4,386,000 $3,508,800 $877,200
2022 $51,077 $4,300,000 $3,440,000 $860,000
2021 $11,793 $946,894 $539,443 $407,451
2020 $11,710 $937,186 $533,912 $403,274
2019 $11,587 $918,811 $523,444 $395,367
2018 $10,864 $900,796 $513,181 $387,615
2016 $10,443 $865,818 $493,254 $372,564
2015 $10,305 $852,813 $485,845 $366,968
2014 $10,166 $836,108 $476,328 $359,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-334143

The MLS

APN: 4278-024-023