NOT LISTED FOR SALE

Estimated Value: $1,996,000 - $2,943,000

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

Last Sold August 01, 2015

Last sale price $1,470,000 $612 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $15,141/month

32 Days on Market

Highlights

  • Spa
  • All Bedrooms Downstairs
  • City Lights View
  • Linwood E. Howe Elementary School Rated A-
  • Two Primary Bedrooms
  • 3-minute walk to Syd Kronenthal Park

About This Home

As of August 2015

This is a one of a kind Helms District Craftsman style home that is perfect for entertaining & raising a family. Chef's kitchen, soaring vaulted wood ceilings, crown moldings, walk-in closets, double vanity master bathroom, oak hardwood floors throughout, nicely landscaped yard, & 2 large balconies with sunset city and garden views.

Walking distance to the Helms Bakery, Metro, parks and a 5 minute bike ride to downtown Culver City Station. Easy access to freeways (405 & 10), Santa Monica, Beverly Hills, and LAX. It is located within the boundaries of the award-winning Culver City Unified School District and top rated Linwood E. Howe Elementary is assigned to this residence.

Optional living room, en suite bedroom, and garage upgrades available.

This residence is currently rented to AAA tenant at 6k per month. Lease may be terminated and the property will be delivered vacant upon the close of escrow or Buyer may sign a long term lease with Tenant who would like to stay longer if Buyer is interested in owning an investment property Please do not disturb the current Tenant.

Your dream home awaits.

Last Agent to Sell the Property

Jeff Shane

Jeffrey Michael Shane License #01494810 Listed on: 06/05/2015

Last Buyer's Agent

Jeff Shane

Jeffrey Michael Shane License #01494810 Listed on: 06/05/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,457

Year Built

  • Built in 2012

Lot Details

  • 4,793 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Mountain

Home Design

  • Craftsman Architecture

Interior Spaces

  • 2,400 Sq Ft Home
  • Open Floorplan
  • Wired For Sound
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Family Room
  • Bonus Room
  • Storage
  • Laundry Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Six Burner Stove
  • Gas and Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • 4 Full Bathrooms
  • Spa Bath

Accessible Home Design

  • Doors swing in
  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Tankless Water Heater
  • Septic Type Unknown
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 4205017003

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,457

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Appliances
  • Property Attached: No
  • View: Yes
  • Architectural Style: Craftsman
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4205017003
  • Year Built: 2012
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2400.00
  • Interior Amenities: Built-in Features, Balcony, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Granite Counters, Open Floorplan, Pantry, Storage, Wired for Sound
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 2+ Access Exits, Doors - Swing In, Parking
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar
  • Levels: Two
  • Price Per Square Foot: 612.50
  • Room Type: All Bedrooms Down, All Bedrooms Up, Bonus Room, Family Room, Two Masters
  • Spa Features: Bath
  • Window Features: Blinds

Exterior Features

  • Patio: Yes
  • View: City Lights, Mountain(s)
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Gas & Electric Range, High Efficiency Water Heater, Microwave, Refrigerator, Tankless Water Heater
  • Electric: 220 Volts
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Unknown
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Culver City Unified

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 4793.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4793.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 46
  • Tax Tract Number: 556O

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2019
Sold by
Lipsi
Bought by
Rcd 040653
Current Estimated Value
$2,469,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.73%

Purchase Details

Closed on
May 12, 2017
Sold by
Lipsic Adam P
Bought by
Lipsic Adam P and Lipsic Tara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 5, 2015
Closed on
Aug 6, 2015
Sold by
Mannis Deborah
Bought by
Mannis Joseph
Seller's Agent
Jeff Shane
Jeffrey Michael Shane
Buyer's Agent
Jeff Shane
Jeffrey Michael Shane
List Price
$1,349,000
Sold Price
$1,470,000
Premium/Discount to List
$121,000
8.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$1,270,000
Interest Rate
4.88%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 5, 2015
Closed on
Aug 5, 2015
Sold by
Shane Jeffrey
Bought by
Lipsic Adam P and Lipsic Tara S
Seller's Agent
Jeff Shane
Jeffrey Michael Shane
Buyer's Agent
Jeff Shane
Jeffrey Michael Shane
List Price
$1,349,000
Sold Price
$1,470,000
Premium/Discount to List
$121,000
8.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,270,000
Interest Rate
4.88%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 1, 2012
Closed on
Apr 10, 2012
Sold by
Lee Charles
Bought by
Shane Jeff
Seller's Agent
Linda Lim
Top Producers Realty Partners
Buyer's Agent
Linda Lim
Top Producers Realty Partners
List Price
$488,000
Sold Price
$420,000
Premium/Discount to List
-$68,000
-13.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.03%

Purchase Details

Closed on
Jun 23, 2006
Sold by
Patel Manish
Bought by
Lee Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 4, 2005
Sold by
Pinto Alfonso A
Bought by
Patel Manish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 10, 2004
Sold by
Weiss Anne and Berlin Mary
Bought by
Pinto Alfonso A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2003
Sold by
Fisher Diane and Weiss Anne
Bought by
Fisher Diane
Source: Public Records

Range of Values:

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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
Rcd 040653 -- --
Lipsic Adam P -- Wfg National Title Ins Co
Mannis Joseph -- Lawyers Title
Lipsic Adam P $1,470,000 Lawyers Title
Shane Jeff $420,004 Chicago Title Company
Lee Charles -- Investors Title Company
Patel Manish $610,000 Investors Title Company
Pinto Alfonso A $500,000 Equity Title
Fisher Diane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipsic Adam P $1,466,000
Closed Rcd 040653 --
Previous Owner Lipsic Adam P $259,000
Previous Owner Lipsic Adam P $1,275,000
Previous Owner Mannis Joseph $1,270,000
Previous Owner Lee Charles H $115,000
Previous Owner Lee Charles $512,000
Previous Owner Patel Manish $557,000
Previous Owner Patel Manish $488,000
Previous Owner Pinto Alfonso A $475,000
Closed Patel Manish $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2015 08/01/15 Sold $1,470,000 +9.0% $613 / Sq Ft
07/07/2015 07/07/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $1,349,000 +221.2% $562 / Sq Ft
04/30/2012 04/30/12 Sold $420,000 0.0% $475 / Sq Ft
04/06/2012 04/06/12 Off Market $420,000 -- --
02/11/2012 02/11/12 Price Changed $485,000 -0.6% $549 / Sq Ft
01/01/2012 01/01/12 For Sale $488,000 -- $552 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $21,457 $1,784,045 $1,231,959 $552,086
2024 $21,457 $1,749,064 $1,207,803 $541,261
2023 $20,595 $1,714,770 $1,184,121 $530,649
2022 $19,595 $1,681,148 $1,160,903 $520,245
2021 $19,583 $1,648,186 $1,138,141 $510,045
2019 $18,774 $1,599,302 $1,104,384 $494,918
2018 $18,668 $1,567,944 $1,082,730 $485,214
2016 $17,211 $1,470,000 $1,000,000 $470,000
2015 $8,544 $681,107 $351,153 $329,954
2014 $8,528 $667,766 $344,275 $323,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15121254

California Regional Multiple Listing Service (CRMLS)

APN: 4205-017-003