NOT LISTED FOR SALE

337 Sumac Ln Santa Monica, CA 90402

Estimated Value: $3,048,000 - $3,768,000

3 Beds
3 Baths
1,791 Sq Ft
$1,940/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $2,300,000 $1,284 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $21,450/month

14 Days on Market

Highlights

  • Attached Guest House
  • Open Floorplan
  • Traditional Architecture
  • Primary Bedroom Suite
  • Deck
  • Wood Flooring

About This Home

As of December 2018

Perched above a quiet lane in prized Santa Monica Canyon, off lower Amalfi Dr, moments from the water, a rare offering on the market for the first time in over 40 years! A 1950's traditional home with breezy beach vibe, vaulted beamed ceilings, hardwood floors, open concept great room/dining/redone kitchen, huge master suite, 2 guest bedrooms and 2 additional baths. All this PLUS an attached guest unit with bath and kitchenette (great home office or potential ADU - check w/City) + huge basement! A peaceful, secluded character offering with Canyon Elementary School and Palisades School privileges. Trust sale: Priced to sell. No court confirmation required. Don't miss!

Last Agent to Sell the Property

Peter Maurice

Rodeo Realty License #01129738 Listed on: 11/01/2018

Rodeo Realty

Co-Listed By

Tregg Rustad

Rodeo Realty License #01349144

Last Buyer's Agent

Noah Applebaum

Compass License #02019578

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,358

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 6,000 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,791 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area
  • Laundry Room
  • Basement

Kitchen

  • Oven or Range
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower

Parking

  • 1 Open Parking Space
  • 3 Parking Spaces
  • 2 Carport Spaces

Outdoor Features

  • Deck
  • Open Patio

Additional Homes

  • Attached Guest House

Utilities

  • Central Heating
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4410-024-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,358

Year Built

Built in 1953 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Perched above a quiet lane in prized Santa Monica Canyon, off lower Amalfi Dr, moments from the water, a rare offering on the market for the first time in over 40 years! A 1950's traditional home with breezy beach vibe, vaulted beamed ceilings, hardwood floors, open concept great room/dining/redone kitchen, huge master suite, 2 guest bedrooms and 2 additional baths. All this PLUS an attached guest unit with bath and kitchenette (great home office or potential ADU - check w/City) + huge basement! A peaceful, secluded character offering with Canyon Elementary School and Palisades School privileges. Trust sale: Priced to sell. No court confirmation required. Don't miss!
  • Entry Location: Ground Level w/steps
  • Living Area: 1791
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1953
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Basement, Beamed Ceiling(s), High Ceilings (9 Feet+), Open Floor Plan
  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Cement, Hardwood
  • Appliances: Range, Range Hood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Hood Fan, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 1169.74

Exterior Features

  • Construction: Stucco
  • Tennis Court Y/N: No
  • Guest House: Attached
  • Patio: Deck(s)
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Carport Spaces: 2
  • Other Spaces: 1
  • Covered Parking: 2
  • Parking Garage: Carport
  • Total Parking: 3

Utilities

  • Heating: Central
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Los Angeles Unified

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4410-024-025
  • Geocode Override: No
  • Lot Size Area: 6000

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 0

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Nov 16, 2018
Sold by
Faivus David and Faivus Steven
Bought by
Woodbury David A and Woodbury Ryan R
Seller's Agent
Peter Maurice
Rodeo Realty
Buyer's Agent
Noah Applebaum
Compass
List Price
$2,095,000
Sold Price
$2,300,000
Premium/Discount to List
$205,000
9.79%
Current Estimated Value
$3,455,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,155,657
Avg. Annual Appreciation
6.43%
Original Mortgage
$1,840,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 5, 2014
Sold by
Field Eric Ivan and Field Eric L
Bought by
Eric I Field Family Trust

Purchase Details

Closed on
Dec 17, 2004
Sold by
Field Eric Ivan and Estate Of Jean Faivus
Bought by
Field Eric Ivan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 1998
Sold by
Field Eric I
Bought by
Field Eric Ivan and Estate Of Jean Faivus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
7.06%

Purchase Details

Closed on
Jun 17, 1998
Sold by
Field Eric I and Faivus Jean
Bought by
Field Eric Ivan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
7.06%
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
Woodbury David A $2,300,000 Equity Title Company
Eric I Field Family Trust -- None Available
Field Eric Ivan -- None Available
Field Eric Ivan -- None Available
Field Eric Ivan -- None Available
Field Eric Ivan -- North American Title
Field Eric Ivan -- --
Field Eric Ivan -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woodbury David A $1,840,000
Closed Woodbury David A $1,840,000
Closed Woodbury David A $1,840,000
Previous Owner Field Eric Ivan $198,169
Previous Owner Field Eric Ivan $214,000
Previous Owner Field Eric Ivan $227,150
Previous Owner Field Eric Ivan $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $2,300,000 0.0% $1,284 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
11/15/2018 11/15/18 Off Market $2,300,000 -- --
11/01/2018 11/01/18 For Sale $2,095,000 0.0% $1,170 / Sq Ft
04/14/2015 04/14/15 Rented $6,000 -7.7% --
04/14/2015 04/14/15 Under Contract -- -- --
03/13/2015 03/13/15 For Rent $6,500 -- --
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 $30,358 $2,565,689 $2,052,553 $513,136
2024 $30,358 $2,515,382 $2,012,307 $503,075
2023 $29,774 $2,466,061 $1,972,850 $493,211
2022 $28,365 $2,417,708 $1,934,167 $483,541
2021 $28,025 $2,370,303 $1,896,243 $474,060
2019 $27,258 $2,300,000 $1,840,000 $460,000
2018 $4,756 $389,172 $193,080 $196,092
2016 $4,533 $374,063 $185,584 $188,479
2015 $4,467 $368,445 $182,797 $185,648
2014 $4,488 $361,229 $179,217 $182,012
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-402680

The MLS

APN: 4410-024-025