NOT LISTED FOR SALE

Estimated Value: $1,840,000 - $2,568,000

3 Beds
2 Baths
1,064 Sq Ft
$2,082/Sq Ft Est. Value

Last Sold January 22, 2014

Last sale price $1,488,000 $1,398 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $13,482/month

43 Days on Market

Highlights

  • Wood Flooring
  • Home Office
  • Laundry Room
  • John Muir Elementary School Rated A
  • Bay Window
  • 2-minute walk to Ozone Park

About This Home

As of January 2014

Welcome to this classic beach house situated in the heart of Silicon Beach. This California Ranch House with portico entry features three bedrooms plus an office/library. The lush landscaped front-yard with soaring Palm trees leads to the living room featuring Maple wood floors with beautiful wood burning fireplace. Great master bedroom with sliding doors that opens up to the secluded backyard, perfect for entertaining & play, boasting a lawn, fire-pit, outdoor shower, with Hot tub and a large redwood deck.Very charming and private with gated parking and extra room for bikes, surf boards...just blocks to Rose Avenue, Abbot Kinney, Main Street and all the activities Santa Monica Beach has to offer. Incredible opportunity to own a large flat lot in Ocean Park zoned SMOP2 for future development.

Last Agent to Sell the Property

Oliver Mossi

Sotheby's International Realty License #01735335 Listed on: 10/24/2013

Sotheby's International Realty

Last Buyer's Agent

Jerry Jaffe

Compass License #01326486

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,362

Year Built

  • Built in 1923

Lot Details

  • 4,856 Sq Ft Lot
  • Lot Dimensions are 40x120
  • Property is zoned SMOP2*

Interior Spaces

  • 1-Story Property
  • Bay Window
  • Entryway
  • Family Room with Fireplace
  • Home Office
  • Library
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Covered Parking

Additional Features

  • Outdoor Grill
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4287-037-032

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,362

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Lot Dimensions: 40x120
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Fireplaces: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Barbeque, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Windows: Bay Window

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Covered Parking

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4287-037-032
  • Geocode Override: No
  • Lot Size Area: 4856

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2013
Closed on
Jan 2, 2014
Sold by
Stewart Tim
Bought by
Goldberg Jessica L and Bandlow Jason R
Seller's Agent
Oliver Mossi
Sotheby's International Realty
Buyer's Agent
Jerry Jaffe
Compass
List Price
$1,595,000
Sold Price
$1,488,000
Premium/Discount to List
-$107,000
-6.71%
Current Estimated Value
$2,215,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$727,751
Avg. Annual Appreciation
3.00%
Original Mortgage
$1,330,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2010
Sold by
Stewart Tim and Archer Tim
Bought by
Stewart Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,200
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 1997
Sold by
Golomb Ariel
Bought by
Archer Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
7.14%
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
Goldberg Jessica L $1,488,000 Equity Title
Stewart Tim -- None Available
Archer Tim $344,545 Equity Title
Archer Tim -- Equity Title
Golomb Ariel -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bandlow Jason R $1,183,000
Closed Goldberg Jessica L $1,330,000
Previous Owner Stewart Tim $592,525
Previous Owner Stewart Tim $595,500
Previous Owner Stewart Tim $600,200
Previous Owner Archer Tim $600,000
Previous Owner Archer Tim $65,000
Previous Owner Archer Tim $465,000
Previous Owner Archer Tim $100,000
Previous Owner Archer Tim $330,000
Previous Owner Archer Tim $330,000
Previous Owner Archer Tim $317,100
Previous Owner Archer Tim $60,222
Previous Owner Archer Tim $276,000
Closed Archer Tim $34,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2014 01/22/14 Sold $1,488,000 -2.4% $1,398 / Sq Ft
12/06/2013 12/06/13 Pending -- -- --
11/29/2013 11/29/13 Price Changed $1,525,000 -4.4% $1,433 / Sq Ft
10/24/2013 10/24/13 For Sale $1,595,000 -- $1,499 / 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 $21,362 $1,824,070 $1,436,214 $387,856
2024 $21,362 $1,788,304 $1,408,053 $380,251
2023 $21,017 $1,753,241 $1,380,445 $372,796
2022 $20,753 $1,718,865 $1,353,378 $365,487
2021 $20,244 $1,685,163 $1,326,842 $358,321
2019 $19,901 $1,635,182 $1,287,488 $347,694
2018 $18,704 $1,603,121 $1,262,244 $340,877
2016 $18,034 $1,540,873 $1,213,231 $327,642
2015 $17,799 $1,517,729 $1,195,008 $322,721
2014 $5,663 $449,372 $359,503 $89,869
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-714419

The MLS

APN: 4287-037-032