NOT LISTED FOR SALE

Estimated Value: $5,247,305 - $5,877,000

5 Beds
6.5 Baths
4,900 Sq Ft
$1,130/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $4,500,000 $918 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $34,190/month

Highlights

  • Heated In Ground Pool
  • Views of Trees
  • Living Room with Fireplace
  • Mar Vista Elementary Rated A
  • Cape Cod Architecture
  • High Ceiling

About This Home

As of September 2020

This modern farmhouse masterpiece features ~4,500+ SQ FT of open concept living space featuring 5-bedrooms + dedicated office and 6.5-bathrooms which have been thoughtfully designed to showcase California's indoor-outdoor lifestyle. The gourmet Chefs kitchen w/ large preparation island is the focal point. It opens to a tranquil breakfast nook and living room with panoramic bi-fold doors that integrate the indoor and outdoor spaces, which features a covered patio with built-in BBQ, & sparkling pool and spa. The lower level also boasts spacious formal living and dining open concept spaces with adjacent butler's pantry for entertaining and a bedroom w/ private en-suite bathroom and additional dedicated office. The second floor offers an expansive master suite featuring vaulted wooden 10-foot ceilings, luxurious appointments, and balcony. The spacious master bath with soaker tub and shower is perfect for two. A comfy oasis for work & play.

Last Agent to Sell the Property

Karen Menjivar

Compass License #01821901 Listed on: 08/19/2020

Compass

Co-Listed By

Mark Kitching

Douglas Elliman License #01742148

Last Buyer's Agent

ELIZABETH Morell

Compass License #01947077

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,871

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 9,590 Sq Ft Lot
  • Lot Dimensions are 58x165
  • West Facing Home
  • Property is zoned LAR1

Home Design

  • Cape Cod Architecture
  • Fire Rated Drywall
  • Partial Copper Plumbing

Interior Spaces

  • 4,900 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Views of Trees

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Studio bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas Dryer Hookup

Home Security

  • Prewired Security
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 2 Car Attached Garage
  • Automatic Gate

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Balcony
  • Open Patio
  • Outdoor Grill

Additional Homes

  • Accessory Dwelling Unit (ADU)

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Tankless Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4248-024-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,871

Year Built

Built in 1957 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 4900
  • Lot Acreage: 0.2202
  • Lot Dimensions: 58x165
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1957
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Living Room
  • Flooring: Laminate, Tile
  • Bedrooms: 5
  • Full Bathroom: 6
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Room, On Upper Level
  • Total Bathrooms: 7.00
  • Den: 1
  • Equipment: Barbeque, Dishwasher, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Ice Maker, Microwave, Refrigerator, Range/Oven, Water Line to Refrigerator
  • Price Per S Q F T: 928.57
  • Windows: Double Pane Windows, French Windows

Exterior Features

  • Direction Faces: West
  • Other Features: Balcony, Barbecue Private, Partial Copper Plumbing, Custom Built, High Ceilings (9 Feet+)
  • Other Structures: Accessory Dwelling Unit
  • Pool Description: In Ground, Heated And Filtered
  • Pool: Yes
  • Spa: Heated
  • Spa Yn: Yes
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Auto Driveway Gate, Garage Is Attached, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central
  • Security: Prewired for alarm system, Smoke Detector, Fire and Smoke Detection System, Carbon Monoxide Detector(s), Fire Sprinklers, Fire Rated Drywall
  • Sewer: In Street
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4248-024-023
  • Lot Size Area: 9590

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Sep 3, 2020
Sold by
3544 Ocean View Ave Llc
Bought by
Altman Stephen and Altman Shelley Fisher
Seller's Agent
Karen Menjivar
Compass
Buyer's Agent
ELIZABETH Morell
Compass
List Price
$4,550,000
Sold Price
$4,500,000
Premium/Discount to List
-$50,000
-1.1%
Current Estimated Value
$5,539,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,039,076
Avg. Annual Appreciation
4.20%
Original Mortgage
$2,700,000
Outstanding Balance
$2,372,024
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$3,167,052

Purchase Details

Closed on
Sep 12, 2018
Sold by
Colton Michael Samuel and Colton Lisa Nelson
Bought by
3544 Ocean View Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,897,500
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 9, 2017
Closed on
Mar 27, 2017
Sold by
Allman Brian K
Bought by
Colton Michael Samuel and Colton Lisa Nelson
Seller's Agent
Sherri Noel
KW Advisors
Buyer's Agent
Jesse Morton
Sotheby's International Realty
List Price
$1,889,000
Sold Price
$2,000,000
Premium/Discount to List
$111,000
5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.78%

Purchase Details

Closed on
Nov 10, 2007
Sold by
Allman Brian and Allman Betsy
Bought by
Allman Brian K

Purchase Details

Closed on
Aug 2, 1995
Sold by
Engel Abner and Engel Loretta
Bought by
Allman Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.12%
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
Altman Stephen $4,500,000 First American Title
3544 Ocean View Avenue Llc $2,100,000 Chicago Title Company
Colton Michael Samuel $2,000,000 Priority Title
Allman Brian K -- None Available
Allman Brian $375,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Altman Stephen $2,700,000
Previous Owner 3544 Ocean View Avenue Llc $2,897,500
Previous Owner Allman Brian $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2020 09/29/20 Sold $4,500,000 -1.1% $918 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $4,550,000 +127.5% $929 / Sq Ft
05/01/2017 05/01/17 Sold $2,000,000 +5.9% $1,220 / Sq Ft View Prior Sale
03/09/2017 03/09/17 For Sale $1,889,000 -- $1,152 / 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 $57,871 $4,870,942 $2,548,801 $2,322,141
2024 $57,871 $4,775,434 $2,498,825 $2,276,609
2023 $56,710 $4,681,799 $2,449,829 $2,231,970
2022 $54,050 $4,590,000 $2,401,794 $2,188,206
2021 $53,398 $4,500,000 $2,354,700 $2,145,300
2020 $44,361 $3,654,000 $2,142,000 $1,512,000
2019 $24,990 $2,100,000 $1,680,000 $420,000
2018 $24,664 $2,040,000 $1,632,000 $408,000
2016 $6,513 $526,237 $374,686 $151,551
2015 $6,420 $518,333 $369,058 $149,275
2014 $6,450 $508,180 $361,829 $146,351
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-620722

The MLS

APN: 4248-024-023