NOT LISTED FOR SALE

3589 Schaefer St Culver City, CA 90232

Lucerne-Higuera Neighborhood

Estimated Value: $3,110,000 - $4,041,000

5 Beds
5.5 Baths
3,595 Sq Ft
$970/Sq Ft Est. Value

Last Sold May 17, 2018

Last sale price $2,475,000 $688 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $21,807/month

67 Days on Market

Highlights

  • In Ground Pool
  • Fireplace in Primary Bedroom
  • No HOA
  • Linwood E. Howe Elementary School Rated A-
  • Contemporary Architecture
  • Home Office

About This Home

As of May 2018

Custom, cutting edge contemporary home located in Higuera Heights close to Platform LA, the Metro, and downtown Culver City. This modern masterpiece features smart home Control 4 technology, Alexa and Nest thermostat systems, keyless entry, showroom quality kitchen with high-end Italian cabinets, Thermador appliances and quartz countertops, dual zone air conditioning, ceiling speakers, security cameras, two sun filled balconies, large balcony overlooking the backyard, walk-in dressing room, upstairs laundry room, indoor-outdoor living room, breakfast bar, and walk-in wine storage. A flexible five-bedroom floor plan features one bedroom downstairs and four bedrooms upstairs all with en-suite bathrooms, and extra large, private master bedroom with a fireplace. Take advantage of the California lifestyle and entertain in style with an extra large, sun filled backyard with heated pool, spa, and dining area all in the heart this desirable L.A. neighborhood.

Last Agent to Sell the Property

David Parnes

Carolwood Estates License #01905862 Listed on: 01/29/2018

Co-Listed By

Michael Morabito

Compass License #01782745

Compass

Last Buyer's Agent

Michael Morabito

Compass License #01782745

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,008

Year Built

  • Built in 2017

Lot Details

  • 5,398 Sq Ft Lot
  • Property is zoned CCR2YY

Parking

  • 4 Car Direct Access Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,595 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4206-004-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,008

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 3595
  • Stories: 2
  • Year Built: 2017
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Mixed
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 721.84

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Parking Garage: Direct Entrance, Garage
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4206-004-035
  • Geocode Override: No
  • Lot Size Area: 5398

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2018
Closed on
May 7, 2018
Sold by
Ari M Properties Llc
Bought by
Lifshitz Eric and Martin Tracey
Seller's Agent
David Parnes
Carolwood Estates
Buyer's Agent
Michael Morabito
Compass
List Price
$2,695,000
Sold Price
$2,475,000
Premium/Discount to List
-$220,000
-8.16%
Current Estimated Value
$3,480,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,005,520
Avg. Annual Appreciation
4.87%
Original Mortgage
$1,875,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 29, 2018
Closed on
May 4, 2018
Sold by
Security Eat 125 Inc
Bought by
Ari M Properties Llc
Seller's Agent
David Parnes
Carolwood Estates
Buyer's Agent
Michael Morabito
Compass
List Price
$2,695,000
Sold Price
$2,475,000
Premium/Discount to List
-$220,000
-8.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,875,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2017
Sold by
Ari M Properties Llc
Bought by
Security Eat 125 Inc

Purchase Details

Listed on
Dec 9, 2015
Closed on
Feb 17, 2016
Sold by
Moalem Omri
Bought by
Ari M Properties Llc
Seller's Agent
Max Bautista Jr.
The One Luxury Properties
Buyer's Agent
Max Bautista Jr.
Beverly and Company, Inc.
List Price
$849,900
Sold Price
$862,000
Premium/Discount to List
$12,100
1.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.71%
Original Mortgage
$500,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 9, 2015
Closed on
Dec 17, 2015
Sold by
Ortiz Aurora
Bought by
Moalem Omri
Seller's Agent
Max Bautista Jr.
The One Luxury Properties
Buyer's Agent
Max Bautista Jr.
Beverly and Company, Inc.
List Price
$849,900
Sold Price
$862,000
Premium/Discount to List
$12,100
1.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2010
Sold by
Ortiz Jesus and Ortiz Aurora
Bought by
Ortiz Jesus and Ortiz Aurora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
2.85%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 6, 1996
Sold by
Ortiz Jesus Mario
Bought by
Ortiz Jesus and Ortiz Aurora
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
Lifshitz Eric $2,475,000 North American Title Company
Ari M Properties Llc -- None Available
Security Eat 125 Inc -- Accommodation
Ari M Properties Llc -- North American Title Co
Moalem Omri $862,000 Progressive Title Company
Ortiz Jesus -- Placer Title Company
Ortiz Jesus -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lifshitz Eric $1,375,000
Closed Lifshitz Eric $1,375,000
Closed Lifshitz Eric $1,375,000
Closed Lifahitz Eric $1,375,000
Closed Lifshitz Eric $1,875,000
Previous Owner Moalem Omri $500,000
Previous Owner Moalem Omri $500,000
Previous Owner Ortiz Jesus $938,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2018 05/17/18 Sold $2,475,000 -4.6% $688 / Sq Ft
02/28/2018 02/28/18 Price Changed $2,595,000 -3.7% $722 / Sq Ft
01/29/2018 01/29/18 For Sale $2,695,000 +212.6% $750 / Sq Ft
01/07/2016 01/07/16 Sold $862,000 +1.4% $942 / Sq Ft
12/17/2015 12/17/15 Pending -- -- --
12/09/2015 12/09/15 For Sale $849,900 -- $929 / 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 $33,008 $2,816,122 $2,742,166 $73,956
2024 $33,008 $2,760,905 $2,688,399 $72,506
2023 $31,660 $2,706,771 $2,635,686 $71,085
2022 $30,033 $2,653,698 $2,584,006 $69,692
2021 $29,945 $2,601,666 $2,533,340 $68,326
2019 $28,805 $2,524,500 $2,458,200 $66,300
2018 $25,495 $2,200,000 $1,200,000 $1,000,000
2016 $1,385 $55,027 $33,728 $21,299
2015 $1,353 $54,202 $33,222 $20,980
2014 $1,422 $53,142 $32,572 $20,570
Source: Public Records

Agents Affiliated with this Home

  • David Parnes

    Seller's Agent in 2018

    David Parnes

    Carolwood Estates

    (310) 894-3435

    134 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2018

    Michael Morabito

    Compass

    Section Image
  • Max Bautista Jr.

    Seller's Agent in 2016

    Max Bautista Jr.

    The One Luxury Properties

    (818) 482-1728

    12 Total Sales

    Section Image
  • Jamshid Hatami

    Seller Co-Listing Agent in 2016

    Jamshid Hatami

    Best Brokers Realty

    (818) 990-0454

    4 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 18-307862

The MLS

APN: 4206-004-035

California Los Angeles County Culver City 90232 Lucerne-Higuera

3589 Schaefer St, Culver City, CA

This home is located at 3589 Schaefer St, Culver City, CA 90232 since 29 January 2018 and is currently estimated at $3,488,107, approximately $970 per square foot. This property was built in 2017. 3589 Schaefer St is a home located in Los Angeles County with nearby schools including Linwood E. Howe Elementary School, Culver City Middle School, and Culver City High School.

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