$2,295,000
SOLD OCT 2, 2020
3 Beds
2 Baths
1,900 Sq Ft
7,933 Sq Ft Lot

Recently Sold

$1,208 Per Sq Ft

4% Below List Price

96 Days on Market

Highlights

  • Ocean View
  • Family Room with Fireplace
  • Wood Flooring
  • Spa
  • Traditional Architecture
  • No HOA

About This Home

As of October 2020

Located on highly coveted Arno Way, just around the corner from the Bel Air Bay Club and walking distance to the beach, you will find this tastefully renovated single-level coastal cottage styled home. It includes a private master suite and 2 additional bedrooms, with renovated bath, well appointed eat-in kitchen and antiqued wood floors throughout. Enjoy beautiful outdoor spaces that offer tranquility and privacy via main flagstone patio with built-in BBQ area, fire feature and outdoor utility sink, along with an upper grassy yard with peek-a-boo ocean view. This home is turn-key and can be enjoyed as-is but would also be a great candidate for 2nd story expansion or new construction, as the lot size is nearly 8,000 sqft. Don't miss your chance to live on this beloved street for such a great price.

Last Agent to Sell the Property

Shamon Shamonki

Sotheby's International Realty License #01455034 Listed on: 04/24/2020

Sotheby's International Realty

Last Buyer's Agent

Shamon Shamonki

Sotheby's International Realty License #01455034 Listed on: 04/24/2020

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,571

Year Built

  • Built in 1951

Lot Details

  • 7,933 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • Ocean
  • Woods
  • Trees
  • Peek-A-Boo
  • Hills

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Driveway

Pool

  • Spa
  • Room in yard for a pool

Outdoor Features

  • Fire Pit
  • Shed
  • Outdoor Grill

Utilities

  • Central Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4415-032-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,571

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Advertising Remarks: Located on highly coveted Arno Way, just around the corner from the Bel Air Bay Club and walking distance to the beach, you will find this tastefully renovated single-level coastal cottage styled home. It includes a private master suite and 2 additional bedrooms, with renovated bath, well appointed eat-in kitchen and antiqued wood floors throughout. Enjoy beautiful outdoor spaces that offer tranquility and privacy via main flagstone patio with built-in BBQ area, fire feature and outdoor utility sink, along with an upper grassy yard with peek-a-boo ocean view. This home is turn-key and can be enjoyed as-is but would also be a great candidate for 2nd story expansion or new construction, as the lot size is nearly 8,000 sqft. Don't miss your chance to live on this beloved street for such a great price..
  • Living Area: 1900
  • Stories: 1
  • Year Built: 1951
  • Number Of Photos: 39
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Fire Pit, Living Room, Wood Burning
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Ice Maker, Network Wire, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1260.53

Exterior Features

  • Other Structures: Shed(s)
  • Pool Description: Room For
  • Pool: No
  • Spa: Bath Tub
  • Spa Yn: Yes
  • View: Hills, Ocean, Peek-A-Boo, Tree Top, Trees/Woods
  • View: Yes

Garage/Parking

  • Parking Garage: Built-In Storage, Door Opener, Driveway, Garage - 2 Car

Utilities

  • Cooling: Ceiling Fan
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4415-032-004
  • Geocode Override: No
  • Lot Size Area: 7933

Rental Info

  • Furnished: Furnished Or Unfurnished

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2020
Closed on
Sep 10, 2020
Sold by
Mcnellis Michael E and Barrutia Elizabeth A
Bought by
Dawson Adrian Mark and Attyah Karen Ann
Seller's Agent
Shamon Shamonki
Sotheby's International Realty
Buyer's Agent
Shamon Shamonki
Sotheby's International Realty
List Price
$2,395,000
Sold Price
$2,295,000
Premium/Discount to List
-$100,000
-4.18%
Current Estimated Value
$2,124,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$170,223
Avg. Annual Appreciation
0.10%
Original Mortgage
$750,000
Outstanding Balance
$668,233
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$1,637,877

Purchase Details

Listed on
Mar 28, 2013
Closed on
Apr 17, 2013
Sold by
Heffernan Patrick O and Gutstadt Lynn E
Bought by
Mcnellis Michael E and Barrutia Elizabeth A
Seller's Agent
Mickey Kessler
Coldwell Banker Realty
Buyer's Agent
Lori Poret
Coldwell Banker Realty
List Price
$1,379,000
Sold Price
$1,500,000
Premium/Discount to List
$121,000
8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$1,121,250
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2011
Sold by
Manii Nury and Manii Annie
Bought by
Oheffernan Patrick and Gutstadt Lynn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 1997
Sold by
Johnson Richard A and Johnson Ann
Bought by
Manii Nury and Manii Annie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
7.98%
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 Type Sale Price Title Company
Grant Deed $2,295,000 Chicago Title Company
Grant Deed $1,500,000 Equity Title Company
Grant Deed $1,180,000 Equity Title Los Angeles
Grant Deed $545,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
Previous Owner $1,076,000 New Conventional
Previous Owner $1,121,250 New Conventional
Previous Owner $80,000 Future Advance Clause Open End Mortgage
Previous Owner $729,750 New Conventional
Previous Owner $150,000 Unknown
Previous Owner $100,000 Unknown
Previous Owner $413,990 Unknown
Previous Owner $436,000 No Value Available
Closed $54,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $2,295,000 -4.2% $1,208 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
04/24/2020 04/24/20 For Sale $2,395,000 +59.7% $1,261 / Sq Ft
06/05/2013 06/05/13 Sold $1,500,000 +8.8% $802 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
03/28/2013 03/28/13 For Sale $1,379,000 -- $737 / 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 $29,571 $1,291,774 $1,291,774 --
2024 $29,571 $2,435,470 $1,948,377 $487,093
2023 $28,995 $2,387,717 $1,910,174 $477,543
2022 $27,641 $2,340,900 $1,872,720 $468,180
2021 $27,393 $2,295,000 $1,836,000 $459,000
2020 $20,605 $1,688,971 $1,351,178 $337,793
2019 $19,782 $1,655,855 $1,324,685 $331,170
2018 $19,685 $1,623,388 $1,298,711 $324,677
2016 $18,838 $1,560,352 $1,248,282 $312,070
2015 $18,561 $1,536,915 $1,229,532 $307,383
2014 $18,616 $1,506,810 $1,205,448 $301,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-573412

The MLS

APN: 4415-032-004