NOT LISTED FOR SALE

Estimated Value: $4,941,000 - $5,757,000

6 Beds
6.5 Baths
4,800 Sq Ft
$1,128/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $4,870,000 $1,015 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $33,833/month

32 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • Heated In Ground Pool
  • Wood Flooring
  • Venice High School Rated A
  • Family Room with Fireplace
  • Farmhouse Style Home

About This Home

As of November 2021

Polished & sophisticated, this impeccable modern farmhouse features ~4,800+ SQ FT of open concept living space on an expansive lot of over 8,300 Sq.Ft. Featuring 6-bedrooms + dedicated office and 6.5-bathrooms which have been thoughtfully designed to showcase California's indoor-outdoor lifestyle. From its location offering year-round coastal breezes, & sunset views atop a coveted street, to its profound attention to detail utilizing designer finishes from leading luxury brands, this home sets a new bar for modern Mar Vista living. The open floor plan flows from entry to natural-light soaked living room, dining area & gourmet kitchen w/ Thermador appliances & luxe countertops. Top-of-the-line sliding doors reveal a thoughtfully designed outdoor oasis, complete w/ dining area, lounge, and pool & spa. Downstairs entails a guest suite and a home office. Upstairs boasts 4 spacious en-suite bedrooms. Gorgeous master suite, a private balcony as well as luxurious spa-like bath w/ soaking tub, oversized shower & spacious dual vanities. In addition, the detached ADU is perfectly designed to complete this masterpiece. True Mar Vista luxury!

Last Agent to Sell the Property

Ali Fallahassady

Compass License #01875903 Listed on: 09/23/2021

Compass

Last Buyer's Agent

Pat Fowler

Berkshire Hathaway HomeServices California Properties License #01103187

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,318

Year Built

  • Built in 1955

Lot Details

  • 8,305 Sq Ft Lot
  • Lot Dimensions are 50x166
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 4,800 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Spa

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4248-027-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,318

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Farm House
  • Street Number Display: Yes
  • Living Area: 4800
  • Lot Acreage: 0.1906
  • Lot Dimensions: 50x166
  • Stories: 2
  • Year Built: 1955
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 6
  • 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: 1
  • Laundry: On Upper Level, Laundry Area
  • Total Bathrooms: 7.00
  • Den: 1
  • Equipment: Dishwasher, Hood Fan, Washer, Refrigerator, Dryer, Microwave, Freezer, Range/Oven
  • Price Per S Q F T: 1040.63

Exterior Features

  • Other Structures: Accessory Dwelling Unit
  • Pool Description: Heated
  • Pool: Yes
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: Yes

Garage/Parking

  • Parking Garage: Garage Is Attached, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4248-027-007
  • Lot Size Area: 8305

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2021
Sold by
Ml Capital Investment Llc
Bought by
Jones Michael and Jones Alyson
Current Estimated Value
$5,412,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,409,000
Interest Rate
2.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2020
Sold by
Gustafson Randall L and Gustafson Susan B
Bought by
Ml Capital Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,265,000
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 14, 2012
Sold by
Speakman Margaret and Fred W Coe & Clara S Coe Trust
Bought by
Gustafson Randall L and Gustafson Susan B

Purchase Details

Closed on
Mar 16, 1996
Sold by
Coe Clara S
Bought by
Coe Clara S and Fred W Coe & Clara S Coe Trust

Purchase Details

Closed on
Dec 5, 1995
Sold by
Coe Fred W and Coe Clara S
Bought by
Coe Fred W

Purchase Details

Closed on
Dec 21, 1994
Sold by
Coe Fred W and Coe Clara S
Bought by
Coe Fred W
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
Jones Michael $4,870,000 Lawyers Title
Ml Capital Investment Llc $1,800,000 Lawyers Title
Gustafson Randall L $810,000 First American Title Company
Coe Clara S -- --
Coe Fred W -- --
Coe Fred W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Michael $3,409,000
Previous Owner Ml Capital Investment Llc $2,265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2021 11/22/21 Sold $4,870,000 -2.5% $1,015 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $4,995,000 +177.5% $1,041 / Sq Ft
10/02/2020 10/02/20 Sold $1,800,000 -4.3% $1,163 / Sq Ft View Prior Sale
07/17/2020 07/17/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $1,880,000 0.0% $1,214 / Sq Ft
03/18/2013 03/18/13 Rented $3,600 0.0% --
03/15/2013 03/15/13 Under Contract -- -- --
03/06/2013 03/06/13 For Rent $3,600 -- --
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 $61,318 $5,168,082 $3,395,865 $1,772,217
2024 $61,318 $5,066,748 $3,329,280 $1,737,468
2023 $59,893 $4,967,400 $3,264,000 $1,703,400
2022 $57,074 $4,870,000 $3,200,000 $1,670,000
2021 $21,453 $1,800,000 $1,440,000 $360,000
2019 $11,592 $961,927 $715,329 $246,598
2018 $11,524 $943,066 $701,303 $241,763
2016 $11,024 $906,447 $674,071 $232,376
2015 $10,102 $829,932 $663,946 $165,986
2014 $10,140 $813,676 $650,941 $162,735
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-787238

The MLS

APN: 4248-027-007