Seller's Agent in 2024
Simon Beardmore
Sotheby's International Realty
(310) 892-6454
61 Total Sales
407 Upper Mesa Rd Santa Monica, CA 90402
Estimated Value: $4,893,000 - $5,875,000
4
Beds
3.5
Baths
3,325
Sq Ft
$1,624/Sq Ft
Est. Value
Highlights
- Ocean View
- No HOA
- Covered Patio or Porch
- Wood Flooring
- Den
- Breakfast Room
About This Home
As of November 2024This stunning property is perched overlooking the Santa Monica Canyon at the base of Amalfi Drive with sweeping panoramic views from every level, each with its own ambience; all with ocean breezes, warmth and seamless harmony in an idyllic canyon setting. The main level features polished concrete floors, formal dining room and kitchen with adjacent breakfast room showcasing spectacular views of the Pacific Ocean. There is also an expansive living area with a walk out balcony, and a reading alcove on the northwest side. Each room features truly fabulous views from the ocean to the mountains. A beautiful dual-sided entryway, laundry room, and guest powder room complete the common living space. Downstairs, three bedrooms and two baths provide a separate sleeping level with balcony and access to the garden below. Additional walk-in safe/wine cellar and an office alcove complete the lower level. Upstairs, the Master bedroom and bath, with full room shower, offer a private escape from the hustle and bustle of the city. Another balcony provides separate ocean viewing over a morning coffee or evening cocktail. The rooftop level spans over 900 square feet and is a breathtaking highlight of the property. Whether it be al fresco dining at home, an intimate gathering with friends, or a larger party below the setting sun, the space is an entertainers' paradise. The 360 degree views are truly a sight to behold providing the best of Santa Monica and the Pacific Palisades. This highly sought after neighborhood is walking distance to the beach and shops and a short drive to the Palisades Village. This is truly a timeless jewel in the heart of Los Angeles.
Last Agent to Sell the Property
Sotheby's International Realty License #01321605 Listed on: 08/05/2024
Last Buyer's Agent
Sotheby's International Realty License #01321605 Listed on: 08/05/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1983 | Remodeled
Lot Details
- 5,011 Sq Ft Lot
- South Facing Home
- Property is zoned LAR1
Parking
- 2 Car Direct Access Garage
- Driveway
Property Views
- Ocean
- City
- Canyon
- Mountain
Home Design
- Split Level Home
Interior Spaces
- 3,325 Sq Ft Home
- 2-Story Property
- Built-In Features
- Living Room with Fireplace
- Breakfast Room
- Dining Room
- Den
Kitchen
- Dishwasher
- Disposal
Flooring
- Wood
- Concrete
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Powder Room
Laundry
- Laundry Room
- Washer
Additional Features
- Covered Patio or Porch
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4410-021-029
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 7, 2022
Closed on
Aug 6, 2022
Sold by
Burns Family Trust
Bought by
Raffetto Richard A and Raffetto Ariane
Seller's Agent
Randy Forbes
Compass
Buyer's Agent
Simon Beardmore
Sotheby's International Realty
List Price
$7,150,000
Sold Price
$6,051,000
Premium/Discount to List
-$1,099,000
-15.37%
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$649,781
Avg. Annual Appreciation
-3.35%
Original Mortgage
$4,000,000
Outstanding Balance
$3,753,392
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$1,647,827
Purchase Details
Closed on
Sep 1, 2004
Sold by
Burns Ernest Chase and Burns Judith Lynn
Bought by
Burns Ernest Chase and Burns Judith Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
6.06%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Raffetto Richard A | $6,051,000 | Lawyers Title | |
| Burns Ernest Chase | -- | Chicago Title | |
| Burns Ernest Chase | -- | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Raffetto Richard A | $4,000,000 | |
| Previous Owner | Burns Ernest Chase | $209,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/26/2024 11/26/24 | Sold | $4,800,000 | -6.8% | $1,444 / Sq Ft | |
| 11/01/2024 11/01/24 | Pending | -- | -- | -- | |
| 10/26/2024 10/26/24 | Price Changed | $5,150,000 | -8.8% | $1,549 / Sq Ft | |
| 10/15/2024 10/15/24 | Price Changed | $5,650,000 | -1.7% | $1,699 / Sq Ft | |
| 08/05/2024 08/05/24 | For Sale | $5,750,000 | -5.0% | $1,729 / Sq Ft | |
| 09/13/2022 09/13/22 | Sold | $6,051,000 | -3.2% | $1,820 / Sq Ft | View Prior Sale |
| 07/24/2022 07/24/22 | Pending | -- | -- | -- | |
| 07/09/2022 07/09/22 | Price Changed | $6,250,000 | -9.4% | $1,880 / Sq Ft | |
| 06/06/2022 06/06/22 | Price Changed | $6,899,000 | -3.5% | $2,075 / Sq Ft | |
| 05/07/2022 05/07/22 | For Sale | $7,150,000 | -- | $2,150 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $74,291 | $4,800,000 | $3,840,000 | $960,000 |
| 2024 | $74,291 | $6,172,020 | $3,243,906 | $2,928,114 |
| 2023 | $72,909 | $6,051,000 | $3,180,300 | $2,870,700 |
| 2022 | $13,525 | $1,144,702 | $516,053 | $628,649 |
| 2021 | $13,350 | $1,122,258 | $505,935 | $616,323 |
| 2019 | $12,946 | $1,088,974 | $490,930 | $598,044 |
| 2018 | $12,891 | $1,067,622 | $481,304 | $586,318 |
| 2016 | $12,317 | $1,026,166 | $462,615 | $563,551 |
| 2015 | $12,135 | $1,010,753 | $455,667 | $555,086 |
| 2014 | $12,174 | $990,955 | $446,742 | $544,213 |
Source: Public Records
Agents Affiliated with this Home
-
Simon Beardmore
-
Randy Forbes
Seller's Agent in 2022
Randy Forbes
Compass
(310) 345-7082
48 Total Sales
-
Diane Halliburton
Seller Co-Listing Agent in 2022
Diane Halliburton
Compass
(310) 339-6486
48 Total Sales
Map
Source: The MLS
MLS Number: 24-423745
APN: 4410-021-029
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