NOT LISTED FOR SALE

333 E Rustic Rd Santa Monica, CA 90402

Estimated Value: $2,038,000 - $3,014,000

2 Beds
1 Bath
1,029 Sq Ft
$2,400/Sq Ft Est. Value

Last Sold February 22, 2019

Last sale price $1,425,000 $1,385 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $14,611/month

47 Days on Market

Highlights

  • Canyon View
  • Wood Flooring
  • No HOA
  • Living Room with Fireplace
  • Spanish Architecture
  • Open Patio

About This Home

As of February 2019

Accessed by a private bridge across the Rustic Canyon Creek blending into the mature greenscape, lies a charming, storied, Spanish house built in 1924. The primary level offers all the entertaining areas, ordained by the fireplace & hrdwd floors, is centered around the open kitchen facing the interior & exterior space through multiple French doors. On the upper story there are two bedrooms plus a romantic family style bathroom all connected by a "great multipurpose" room. From both levels there is easy access to coveted outdoor areas immersed into the surrounding borrowed space, providing the feeling of privacy & remoteness. The sound of the natural spring water running down the creek towards the Pacific Ocean near by adds to this peaceful location.

Last Agent to Sell the Property

Chellee Cassels

DPP License #01489572 Listed on: 12/08/2018

Last Buyer's Agent

Frank Langen

DPP License #01108147

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,846

Year Built

  • Built in 1924

Lot Details

  • 5,468 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Driveway

Home Design

  • Spanish Architecture

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Canyon Views
  • Alarm System
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4410-013-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,846

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Stories: 2
  • Year Built: 1924
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, Outside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Alarm System, Dryer, Range/Oven, Refrigerator, Washer

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Canyon
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4410-013-016
  • Geocode Override: No
  • Lot Size Area: 5468

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2018
Closed on
Jan 30, 2019
Sold by
Warren Tawnya L
Bought by
Wallace Russell and Wallace Amy
Seller's Agent
Chellee Cassels
DPP
Buyer's Agent
Frank Langen
DPP
List Price
$1,648,000
Sold Price
$1,425,000
Premium/Discount to List
-$223,000
-13.53%
Current Estimated Value
$2,469,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,044,307
Avg. Annual Appreciation
8.71%
Original Mortgage
$141,000
Interest Rate
4.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 13, 2015
Sold by
John Tawnya Leigh and John Darren Simon
Bought by
Warren Tawnya L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 8, 2009
Sold by
Saxon Mortgage Services Inc
Bought by
John Tawnya Leigh and John Darren Simon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2009
Sold by
Gaines Christopher Lee
Bought by
Saxon Mortgage Services Inc

Purchase Details

Closed on
Nov 19, 2007
Sold by
Gaines Christopher Lee
Bought by
Gaines Christopher Lee and Gaines Joyce

Purchase Details

Closed on
May 3, 2006
Sold by
Shulman Benjamin
Bought by
Gaines Christopher Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2005
Sold by
Burke Kevin J and Santa Monica California Trust
Bought by
Shulman Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
4.79%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 14, 2003
Sold by
Hansen Beck and Campbell Beck
Bought by
Burke Kevin J and Santa Monica California Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.54%

Purchase Details

Closed on
Dec 3, 1998
Sold by
Campbell Beck
Bought by
Santa Monica California Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.42%

Purchase Details

Closed on
Nov 12, 1998
Sold by
Odonnell Christopher Alan
Bought by
Campbell Beck

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.42%

Purchase Details

Closed on
Aug 14, 1996
Sold by
First Commercial Mtg Company
Bought by
Odonnell Christopher Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,680
Interest Rate
4.95%

Purchase Details

Closed on
Feb 28, 1996
Sold by
Stones Alistair J and First Commercial Mtg Company
Bought by
First Commercial Mtg Company
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
Wallace Russell $1,425,000 Usa National Title Co
Warren Tawnya L -- Old Republic Title Company
John Tawnya Leigh $875,000 Stewart Title Of California
Saxon Mortgage Services Inc $1,062,500 None Available
Gaines Christopher Lee -- None Available
Gaines Christopher Lee $1,500,000 Chicago Title Co
Shulman Benjamin $800,000 Chicago Title Co
Burke Kevin J -- Commonwealth Land Title Co
Santa Monica California Trust -- --
Campbell Beck $495,000 Equity Title Company
Odonnell Christopher Alan $320,000 Stewart Title
First Commercial Mtg Company $408,712 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Russell William $135,500
Open Wallace Russell $500,000
Open Wallace Russell $1,130,000
Closed Wallace Amy $141,000
Closed Wallace Russell $1,140,000
Previous Owner Warren Tawnya L $980,000
Previous Owner John Tawnya Leigh $678,000
Previous Owner John Tawnya Leigh $700,000
Previous Owner Gaines Christopher Lee $1,125,000
Previous Owner Shulman Benjamin $850,000
Previous Owner Shulman Benjamin $640,000
Previous Owner Burke Kevin J $390,000
Previous Owner Campbell Beck $396,000
Previous Owner Odonnell Christopher Alan $287,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2019 02/22/19 Sold $1,425,000 -4.9% $1,385 / Sq Ft
01/24/2019 01/24/19 Pending -- -- --
01/14/2019 01/14/19 Price Changed $1,499,000 -9.0% $1,457 / Sq Ft
12/08/2018 12/08/18 For Sale $1,648,000 -- $1,602 / 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 $18,846 $1,589,609 $1,450,172 $139,437
2024 $18,846 $1,558,441 $1,421,738 $136,703
2023 $18,478 $1,527,884 $1,393,861 $134,023
2022 $17,611 $1,497,927 $1,366,531 $131,396
2021 $17,400 $1,468,557 $1,339,737 $128,820
2019 $4,934 $1,012,498 $954,646 $57,852
2018 $11,933 $992,646 $935,928 $56,718
2016 $11,417 $954,102 $899,586 $54,516
2015 $11,248 $939,772 $886,074 $53,698
2014 -- $921,365 $868,718 $52,647
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-413520

The MLS

APN: 4410-013-016