NOT LISTED FOR SALE

Estimated Value: $6,487,000 - $8,504,000

6 Beds
7 Baths
5,700 Sq Ft
$1,283/Sq Ft Est. Value

Last Sold January 04, 2024

Last sale price $6,500,000 $1,140 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $43,711/month

55 Days on Market

Highlights

  • Detached Guest House
  • In Ground Pool
  • Family Room with Fireplace
  • Franklin Elementary School Rated A+
  • Contemporary Architecture
  • Engineered Wood Flooring

About This Home

As of January 2024

Welcome to this completely renovated 2023 contemporary home, located North of Montana. This home is situated on a charming tree-lined street in the highly desirable Franklin School District. Upon entering the home, you'll walk through a steel glass door into the beautiful foyer with a contemporary chandelier hanging from the soaring high ceiling. To the right of the foyer, you'll find an expansive living space, complete with a wet bar, refreshment refrigerators, open shelving, and wood beam details. This space seamlessly flows into the more formal section of the living area, centered around a beautifully crafted marble fireplace with access to the courtyard through large glass doors. The kitchen, formal dining space, and breakfast nook are open-concept, perfect for entertaining. No expense was spared in the kitchen, featuring an oversized fridge, 8-burner range, waterfall countertops, and abundant storage throughout. The primary suite is truly an escape with French doors that open to the balcony, built-in storage, surround sound speakers, and the oversized primary bathroom that connects to the walk-in closet. This spacious resort-style bathroom features his and her sinks on opposite sides, centered by the freestanding tub and a separate dual-headed shower. The four additional bedrooms in the main house offer ample space and feature modern en-suite bathrooms. Three of these bedrooms are located upstairs, while the fourth, currently serving as an office, is conveniently situated on the ground floor. The backyard truly resembles a luxurious resort, featuring a level grassy area, an inviting pool, and a relaxing jacuzzi - ideal for year-round outdoor entertaining, complete with a built-in barbecue and an integrated speaker system. Nestled just behind the yard, the two-story pool house mirrors the main residence with its exquisite high-end finishes. It offers a full kitchen, a comfortable living area, a convenient half bath on the lower level, and a full bathroom on the upper floor. Located right next to historic Montana Avenue, this home is in an ideal location, close to charming shops, restaurants, and the beach.

Last Agent to Sell the Property

Bjorn Farrugia

Carolwood Estates License #01864250 Listed on: 10/19/2023

Carolwood Estates

Co-Listed By

Ali Fallahassady

Compass License #01875903

Last Buyer's Agent

Chris Feil

Berkshire Hathaway HomeServices California Properties License #01739001

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,206

Year Built

  • Built in 2023

Lot Details

  • 8,858 Sq Ft Lot
  • Lot Dimensions are 60x148
  • Property is zoned SMR1*

Home Design

  • Contemporary Architecture

Interior Spaces

  • 5,700 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room with Fireplace
  • Great Room
  • Dining Room
  • Engineered Wood Flooring
  • Laundry Room
  • Property Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Powder Room

Parking

  • 2 Parking Spaces
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Open Patio
  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4278-017-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,206

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 5700
  • Lot Acreage: 0.2033
  • Lot Dimensions: 60x148
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 2023
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Engineered Hardwood
  • Bedrooms: 6
  • Full Bathroom: 5
  • Half Bathroom: 2
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Freezer, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 1227.19

Exterior Features

  • Other Structures: Accessory Bldgs
  • Guest House: Detached
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Tree Top
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4278-017-010
  • Lot Size Area: 8858

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Dec 5, 2023
Sold by
322 23Rd Llc
Bought by
Peter Goldwyn Living Trust and Goldwyn
Seller's Agent
Bjorn Farrugia
Carolwood Estates
Buyer's Agent
Chris Feil
Berkshire Hathaway HomeServices California Properties
List Price
$6,995,000
Sold Price
$6,500,000
Premium/Discount to List
-$495,000
-7.08%
Views
93
Current Estimated Value
$7,314,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$814,431
Avg. Annual Appreciation
5.97%
Original Mortgage
$2,665,000
Outstanding Balance
$2,623,595
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$4,532,882

Purchase Details

Closed on
Jan 17, 2022
Sold by
Sm Developers Llc
Bought by
322 23Rd Llc

Purchase Details

Closed on
Apr 27, 2021
Sold by
Charnley Richard L and Charnley Craig W
Bought by
Sm Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,850,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 17, 2020
Sold by
Charnley Nathaniel W
Bought by
Charnley Nathaniel Wolf and Charn Betty

Purchase Details

Closed on
Sep 24, 1997
Sold by
Charnley Nathaniel W
Bought by
Charnley Nathaniel W and Charnley Betty Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.54%
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
Peter Goldwyn Living Trust $6,500,000 Lawyers Title Company
322 23Rd Llc -- None Listed On Document
Sm Developers Llc $3,850,000 Lawyers Title La
Charnley Nathaniel Wolf -- None Available
Charnley Nathaniel Wolf -- None Available
Charnley Nathaniel Wolf -- None Available
Charnley Nathaniel W -- American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peter Goldwyn Living Trust $2,665,000
Previous Owner Sm Developers Llc $3,850,000
Previous Owner Charnley Nathaniel W $500,000
Previous Owner Charnley Nathaniel W $500,000
Previous Owner Charnley Nathaniel W $500,000
Previous Owner Charnley Nathaniel W $173,600
Previous Owner Charnley Nathaniel W $200,000
Previous Owner Charnley Nathaniel W $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2024 01/04/24 Sold $6,500,000 -7.1% $1,140 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $6,995,000 -- $1,227 / 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 $47,206 $6,630,000 $3,570,000 $3,060,000
2024 $47,206 $4,005,540 $3,204,432 $801,108
2023 $46,455 $3,927,000 $3,141,600 $785,400
2022 $45,901 $3,850,000 $3,080,000 $770,000
2021 $4,190 $324,769 $177,561 $147,208
2020 $4,159 $321,440 $175,741 $145,699
2019 $4,118 $315,139 $172,296 $142,843
2018 $3,800 $308,961 $168,918 $140,043
2016 $3,625 $296,965 $162,359 $134,606
2015 $3,579 $292,506 $159,921 $132,585
2014 $3,541 $286,777 $156,789 $129,988
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-319749

The MLS

APN: 4278-017-010