NOT LISTED FOR SALE

Estimated Value: $3,740,421 - $4,555,000

5 Beds
5.5 Baths
3,463 Sq Ft
$1,191/Sq Ft Est. Value

Last Sold November 15, 2016

Last sale price $2,770,000 $800 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $24,886/month

11 Days on Market

Highlights

  • Views of Trees
  • Wood Flooring
  • No HOA
  • Mar Vista Elementary Rated A
  • Modern Architecture
  • Home Office

About This Home

As of November 2016

Stunning, brand-new, California Modern Architectural. Located on a lovely cul-de-sac street in the prime Mar Vista Hill neighborhood, this home is the epitome of elegant yet relaxed Southern California living. The indoor and outdoor spaces meld into one with floor-to-ceiling glass doors and walls that slide open onto a lush entertaining backyard equipped fire pit and fountain. The finest quality finishes are appointed through-out including Spanish and Italian Tile, quartz counter tops, European Oak floors, Lutron Smart Home System and high efficiency multi-zone AC. The open floor plan creates a harmonious flow without sacrificing privacy. Located in Mar Vista Elementary School District. This is another impeccable project from Gaia Construction.

Last Agent to Sell the Property

Lorin Ruttenberg

Compass License #01309588 Listed on: 10/10/2016

Compass

Co-Listed By

Felecia Wesley

Sotheby's International Realty License #01819542

Last Buyer's Agent

Sothea Teav

License #01471749

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,234

Year Built

  • Built in 2016

Lot Details

  • 6,219 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Home Design

  • Modern Architecture

Interior Spaces

  • 3,463 Sq Ft Home
  • 2-Story Property
  • Separate Family Room
  • Living Room
  • Dining Area
  • Home Office
  • Views of Trees
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Additional Features

  • Open Patio
  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4249-015-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,234

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 3463
  • Stories: 2
  • Year Built: 2016
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Patio
  • Flooring: Ceramic Tile, Hardwood
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Equipment: Alarm System, Dishwasher, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 794.11

Exterior Features

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

Garage/Parking

  • Parking Garage: Attached, Garage - 2 Car

Utilities

  • Cooling: Multi/Zone
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4249-015-003
  • Geocode Override: No
  • Lot Size Area: 6219

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2016
Closed on
Nov 10, 2016
Sold by
Epi Investment Group Llc
Bought by
Wen Eugene and Wen Stephanie
Seller's Agent
Lorin Ruttenberg
Compass
Buyer's Agent
Sothea Teav
List Price
$2,750,000
Sold Price
$2,770,000
Premium/Discount to List
$20,000
0.73%
Current Estimated Value
$4,125,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,355,355
Avg. Annual Appreciation
4.55%

Purchase Details

Listed on
Aug 21, 2015
Closed on
Aug 26, 2015
Sold by
Pitt Michael D and Pitt Marni E
Bought by
Epi Investment Group Llc
Seller's Agent
Felecia Wesley
Sotheby's International Realty
Buyer's Agent
Lorin Ruttenberg
Compass
List Price
$1,150,000
Sold Price
$1,300,000
Premium/Discount to List
$150,000
13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
94.17%
Original Mortgage
$746,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2003
Sold by
Pitt Leonard M and Pitt Dale
Bought by
Pitt Leonard M and Pitt Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,600
Interest Rate
5.72%

Purchase Details

Closed on
Apr 17, 2003
Sold by
Pitt Leonard M and Pitt Dale
Bought by
Pitt Leonard M and Pitt Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,600
Interest Rate
5.72%

Purchase Details

Closed on
Feb 7, 1994
Sold by
Pitt Leonard M and Pitt Dale
Bought by
Pitt Leonard M and Pitt Dale

Purchase Details

Closed on
Dec 2, 1993
Sold by
Pitt Leonard M and Pitt Dale
Bought by
Pitt Leonard M and Pitt Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.74%
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
Wen Eugene $2,770,000 Chicago Title Company
Epi Investment Group Llc -- Chicago Title Company
Epi Investment Group Llc -- Chicago Title Company
Epi Investment Group Llc $1,300,000 Chicago Title Company
Pitt Leonard M -- Ctc
Pitt Leonard M -- Ctc
Pitt Leonard M -- --
Pitt Leonard M -- First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Epi Investment Group Llc $746,000
Previous Owner Pitt Leonard M $103,600
Previous Owner Pitt Leonard M $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2016 11/15/16 Sold $2,770,000 +0.7% $800 / Sq Ft
10/10/2016 10/10/16 For Sale $2,750,000 +111.5% $794 / Sq Ft
09/25/2015 09/25/15 Sold $1,300,000 +13.0% $747 / Sq Ft View Prior Sale
08/24/2015 08/24/15 Pending -- -- --
08/21/2015 08/21/15 For Sale $1,150,000 -- $661 / 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 $38,234 $3,214,817 $2,518,469 $696,348
2024 $38,234 $3,151,783 $2,469,088 $682,695
2023 $37,488 $3,089,984 $2,420,675 $669,309
2022 $35,732 $3,029,397 $2,373,211 $656,186
2021 $35,299 $2,969,998 $2,326,678 $643,320
2019 $34,233 $2,881,908 $2,257,668 $624,240
2018 $34,127 $2,825,400 $2,213,400 $612,000
2016 $15,714 $1,300,000 $1,040,000 $260,000
2015 $1,776 $137,573 $73,010 $64,563
2014 $1,792 $134,879 $71,580 $63,299
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-170136

The MLS

APN: 4249-015-003