NOT LISTED FOR SALE

401 Redlands St Playa Del Rey, CA 90293

Estimated Value: $2,646,000 - $3,411,000

4 Beds
3.5 Baths
2,683 Sq Ft
$1,123/Sq Ft Est. Value

Last Sold June 21, 2017

Last sale price $2,249,000 $838 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $18,385/month

22 Days on Market

Highlights

  • Two Primary Bedrooms
  • Panoramic View
  • Modern Architecture
  • Kentwood Elementary Rated A-
  • Two Primary Bathrooms
  • Attic

About This Home

As of June 2017

Fabulous brand new Modern construction on the hill top of Playa del Rey and a short walk to the beach. Open floor plan with walls of glass and windows for views at every direction. Walk into formal entry that leads to living space with kitchen, dining and family room, which opens to a large deck that leads to amazing back yard to enjoy indoor/outside California lifestyle, large enough for pool, entertaining dream. Guest quarters downstairs with its own separate master bed and bath, they may never leave! Glass railing leads to 2nd floor and roof top deck, ready to complete in the fashion you request. Master suite with walk in closet and fabulous views, office and two other huge bedrooms and bath complete this contemporary home. Must see!

Last Agent to Sell the Property

Robin Zacha

Power Brokers License #01263946 Listed on: 04/30/2017

Last Buyer's Agent

Roblee Larson

Pacific Sotheby's Int'l Realty License #01915178

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,034

Year Built

  • Built in 2017

Lot Details

  • 6,613 Sq Ft Lot
  • Sprinklers on Timer
  • Property is zoned LAR1

Property Views

  • Panoramic
  • City Lights

Home Design

  • Modern Architecture

Interior Spaces

  • 2,683 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Living Room
  • Dining Area
  • Home Office
  • Attic

Kitchen

  • Oven or Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • Powder Room
  • Double Vanity
  • Low Flow Toliet
  • Low Flow Shower

Laundry

  • Laundry closet
  • Gas Dryer Hookup

Parking

  • 2 Car Garage
  • Tandem Parking

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4116-025-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,034

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 2683
  • Stories: 2
  • Year Built: 2017
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Mixed
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths, Double Vanity(s), Low Flow Shower(s), Low Flow Toilet(s), Powder Room
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Closet Stacked
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Microwave, Range/Oven, Refrigerator, Water Line to Refrigerator
  • Price Per S Q F T: 875.51

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Panoramic
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Tandem

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Assessor Parcel Number: 4116-025-018
  • Geocode Override: No
  • Lot Size Area: 6613

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2017
Closed on
May 25, 2017
Sold by
401 Redlands Llc
Bought by
T Square Holdings Llc
Seller's Agent
Robin Zacha
Power Brokers
Buyer's Agent
Roblee Larson
Pacific Sotheby's Int'l Realty
List Price
$2,349,000
Sold Price
$2,249,000
Premium/Discount to List
-$100,000
-4.26%
Current Estimated Value
$3,012,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$763,489
Avg. Annual Appreciation
3.56%

Purchase Details

Closed on
Nov 3, 2014
Sold by
Alexander Michael
Bought by
401 Redlands Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
3.89%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 17, 2014
Sold by
U S Bank National Association
Bought by
Alexander Michael

Purchase Details

Closed on
Dec 7, 2010
Sold by
Seifi Mohammad Ali and Omrani Tahereh Mojdeh
Bought by
U S Bank National Association

Purchase Details

Closed on
Oct 24, 2001
Sold by
Velazquez Linda J
Bought by
Seifi Mohammad Ali and Omrani Tahereh Mojdeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.75%
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
T Square Holdings Llc $2,249,000 First American Title Company
401 Redlands Llc $839,000 Ticor Title
Alexander Michael $761,500 None Available
U S Bank National Association $618,418 Servicelink
Seifi Mohammad Ali $490,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 401 Redlands Llc $940,000
Previous Owner Seifi Mohammad Ali $392,000
Closed Seifi Mohammad Ali $49,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2017 06/21/17 Sold $2,249,000 -4.3% $838 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
04/30/2017 04/30/17 For Sale $2,349,000 -- $876 / 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 $31,034 $2,610,149 $1,957,556 $652,593
2024 $31,034 $2,558,971 $1,919,173 $639,798
2023 $30,429 $2,508,796 $1,881,543 $627,253
2022 $29,003 $2,459,604 $1,844,650 $614,954
2021 $28,650 $2,411,378 $1,808,481 $602,897
2019 $27,785 $2,339,858 $1,754,842 $585,016
2018 $27,685 $2,293,980 $1,720,434 $573,546
2016 $10,294 $851,793 $681,435 $170,358
2015 $10,142 $839,000 $671,200 $167,800
2014 -- $666,787 $457,763 $209,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-216990

The MLS

APN: 4116-025-018