NOT LISTED FOR SALE

Estimated Value: $3,970,000 - $6,065,777

4 Beds
3 Baths
3,535 Sq Ft
$1,361/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $4,940,000 $1,397 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $29,044/month

156 Days on Market

Highlights

  • Gated Parking
  • Living Room with Fireplace
  • No HOA
  • Canyon View
  • Wood Flooring
  • Home Office

About This Home

As of May 2023

Finn Kappe, A.I.A. 1992. Designed by Finn Kappe and completed in 1992, the site originally housed a small historical Spanish structure which was honored by preserving the facade. The residence, however, is a two-story modern semi-industrial loft-like structure, as expected with the impressive lineage of the Kappe name. Constructed mostly of cinder block & glass, the house is warmly contrasted with oak floors and timbered doors. Sited on a rim of a private lane, overlooking Rustic-Santa Monica Canyons, the house captures expansive green belt & urban views in all directions while flooded with natural light. Centering the house is the dramatic, voluminous, living room and fireplace set against the two-story glass wall embracing the canyon backdrop. The main, upper level includes the comfortable loft-like open kitchen, dining/family room wing connecting seamlessly to the outdoor deck and gardens. On the Northern side, on the same level, a large open private space and bath offer the flexibility of a main bedroom suite or flex space. On the lower level, the inviting living/family room divides the main bedroom suite plus two additional bedrooms and bath. All of the rooms open to the terraced gardens or decks through the floor-to-ceiling wooden doors and custom steel encased windows. The domicile is centrally located in close proximity to Canyon Square, Canyon Elementary, the Pacific Palisades Village, Santa Monica proper, the Santa Monica Conservancy Mountains, and State Beach.

Last Agent to Sell the Property

Frank Langen

DPP License #01108147 Listed on: 11/04/2022

Last Buyer's Agent

Frank Langen

DPP License #01108147 Listed on: 11/04/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $42,484

Year Built

  • Built in 1992

Lot Details

  • 14,004 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • Canyon
  • Mountain
  • Park or Greenbelt

Interior Spaces

  • 3,535 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Detached Carport Space
  • Gated Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4410-013-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,484

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 3535
  • Lot Acreage: 0.1969
  • Stories: 2
  • Year Built: 1992
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Mixed
  • Bedrooms: 4
  • Full Bathroom: 3
  • 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, In Closet
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 1598.30

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Canyon, Green Belt, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Carport Detached, Gated
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4410-013-010
  • Lot Size Area: 14004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2012
Closed on
Oct 3, 2012
Sold by
Lederer Margaret A and Lederer Living Trust
Bought by
Solomon Paul and Paul Solomon Living Trust
Seller's Agent
Mike Deasy
Deasy Penner & Partners
Buyer's Agent
Frank Langen
Deasy Penner & Partners
List Price
$3,150,000
Sold Price
$2,450,000
Premium/Discount to List
-$700,000
-22.22%
Current Estimated Value
$4,810,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,360,444
Avg. Annual Appreciation
5.34%
Original Mortgage
$1,960,000
Outstanding Balance
$1,364,250
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$3,446,194
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
Solomon Paul $2,450,000 Usa National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solomon Paul $1,960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $4,940,000 -12.6% $1,397 / Sq Ft
04/09/2023 04/09/23 Pending -- -- --
03/24/2023 03/24/23 Price Changed $5,650,000 +1.8% $1,598 / Sq Ft
03/24/2023 03/24/23 For Sale $5,550,000 0.0% $1,570 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
02/27/2023 02/27/23 Price Changed $5,550,000 -5.1% $1,570 / Sq Ft
02/03/2023 02/03/23 Price Changed $5,850,000 -2.4% $1,655 / Sq Ft
12/02/2022 12/02/22 Price Changed $5,995,000 -5.6% $1,696 / Sq Ft
11/27/2022 11/27/22 For Sale $6,350,000 0.0% $1,796 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $6,350,000 +159.2% $1,796 / Sq Ft
10/19/2012 10/19/12 Sold $2,450,000 -22.2% $693 / Sq Ft
08/28/2012 08/28/12 Pending -- -- --
04/15/2012 04/15/12 For Sale $3,150,000 -- $891 / 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 $42,484 $3,578,976 $2,601,000 $977,976
2024 $42,484 $3,508,800 $2,550,000 $958,800
2023 $35,082 $2,899,245 $2,070,722 $828,523
2022 $33,436 $2,842,398 $2,030,120 $812,278
2021 $33,026 $2,786,665 $1,990,314 $796,351
2019 $32,026 $2,704,013 $1,931,281 $772,732
2018 $31,935 $2,650,994 $1,893,413 $757,581
2016 $30,544 $2,548,055 $1,819,891 $728,164
2015 $30,092 $2,509,782 $1,792,555 $717,227
2014 $30,192 $2,460,620 $1,757,442 $703,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-215601

The MLS

APN: 4410-013-010