NOT LISTED FOR SALE

401 Mesa Rd Santa Monica, CA 90402

Estimated Value: $5,163,000 - $7,171,000

4 Beds
2.5 Baths
2,595 Sq Ft
$2,219/Sq Ft Est. Value

Last Sold September 06, 2018

Last sale price $4,500,000 $1,734 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $36,708/month

15 Days on Market

Highlights

  • Canyon View
  • Wood Flooring
  • Bonus Room
  • Living Room with Fireplace
  • Spanish Architecture
  • No HOA

About This Home

As of September 2018

Placed on the rim of Mesa Hillside in the Santa Monica Canyon sits the southern part of the "Bundy Ranch", the family residence of developer. Designed by John Byers, true to his timeless signature Spanish Colonial Revival architecture of Southern California 1920's. Sensitively restored, preserving all the traditional elements including the white-washed stucco, plaster, wrought iron fixtures, arches, terraces, patios & ornate tile work all add to the romance of the house. The large scale great room, centered around the fireplace and high exposed beamed ceilings anchors the house. The formal dining room is stepped up adjacent to the kitchen & breakfast room. A wrap around veranda is accessible from the living room, as well as the master bedroom, offering easy indoor/outdoor access of the grounds. The main level also offers 2 spacious bdrms. On the lower level, accessing the gardens are 2 addt'l bdrms plus an art studio. 2 car garage is attached.

Last Agent to Sell the Property

Frank Langen

DPP License #01108147 Listed on: 07/09/2018

Last Buyer's Agent

Isabelle Mizrahi

Berkshire Hathaway HomeServices California Properties License #01209059

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,776

Year Built

  • Built in 1928

Lot Details

  • 7,688 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,595 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Canyon Views
  • Dishwasher
  • Laundry Room

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4410-016-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,776

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 2595
  • Stories: 2
  • Year Built: 1928
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile, Vinyl
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Refrigerator
  • Price Per S Q F T: 1868.98

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Canyon
  • View: Yes

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 2

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4410-016-023
  • Geocode Override: No
  • Lot Size Area: 7688

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2021
Sold by
Ryder Rebecca A and The Skp Family Trust
Bought by
Ryder Rebecca A and The Berkshire Trust
Current Estimated Value
$5,758,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$4,646,172
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$875,953

Purchase Details

Closed on
Apr 30, 2020
Sold by
Panitch Sanford and Panitch Kristen
Bought by
Ryder Rebecca A and The Skp Family Trust

Purchase Details

Listed on
Jul 9, 2018
Closed on
Aug 17, 2018
Sold by
Laura Robinson Llc
Bought by
Panitch Sanford and Panitch Kristen
Seller's Agent
Frank Langen
DPP
Buyer's Agent
Isabelle Mizrahi
Berkshire Hathaway HomeServices California Properties
List Price
$4,850,000
Sold Price
$4,500,000
Premium/Discount to List
-$350,000
-7.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.03%
Original Mortgage
$3,600,000
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 29, 2017
Closed on
Nov 9, 2017
Sold by
Bank Of America Na
Bought by
Laura Robinson Llc
Seller's Agent
Rachelle Rosten
Douglas Elliman
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$4,900,000
Sold Price
$4,500,000
Premium/Discount to List
-$400,000
-8.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$2,370,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2013
Sold by
Bank Of America Na
Bought by
Madsen Carl and Madsen John

Purchase Details

Closed on
Dec 18, 2012
Sold by
Madsen Carl and Madsen John
Bought by
Bank Of America Na and Madsen Brothers Trust
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
Ryder Rebecca A -- None Available
Ryder Rebecca A -- None Available
Panitch Sanford $4,500,000 California Title Company
Laura Robinson Llc $4,500,000 First American Title Co La
Madsen Carl -- None Available
Madsen Carl -- None Available
Bank Of America Na -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berkshire Trust $850,000
Open Ryder Rebecca A $5,000,000
Closed Ryder Rebecca A $5,000,000
Closed Ryder Rebecca A $500,000
Previous Owner Panitch Sanford $3,600,000
Previous Owner Laura Robinson Llc $150,000
Previous Owner Laura Robinson Llc $2,370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2018 09/06/18 Sold $4,500,000 -7.2% $1,734 / Sq Ft
07/24/2018 07/24/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $4,850,000 +7.8% $1,869 / Sq Ft
11/29/2017 11/29/17 Sold $4,500,000 -8.2% $1,734 / Sq Ft
10/13/2017 10/13/17 Pending -- -- --
09/29/2017 09/29/17 For Sale $4,900,000 -- $1,888 / 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
2024 $57,776 $4,785,840 $3,745,440 $1,040,400
2023 $56,640 $4,692,000 $3,672,000 $1,020,000
2022 $53,976 $4,600,000 $3,600,000 $1,000,000
2021 $43,940 $3,710,041 $2,679,474 $1,030,567
2020 $44,405 $3,672,000 $2,652,000 $1,020,000
2019 $42,610 $3,600,000 $2,600,000 $1,000,000
2018 $38,521 $3,200,000 $1,850,000 $1,350,000
2017 $2,263 $168,951 $96,518 $72,433
2016 $2,183 $165,639 $94,626 $71,013
2015 $16,187 $1,157,384 $1,071,199 $86,185
2014 $14,051 $1,134,713 $1,050,216 $84,497
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-353614

The MLS

APN: 4410-016-023