NOT LISTED FOR SALE

Estimated Value: $7,764,000 - $16,586,242

5 Beds
5 Baths
4,191 Sq Ft
$2,765/Sq Ft Est. Value

Last Sold January 03, 2013

Last sale price $3,500,000 $835 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $72,874/month

76 Days on Market

Highlights

  • Ocean View
  • Attached Guest House
  • Gated Parking
  • Roosevelt Elementary School Rated A+
  • In Ground Pool
  • Craftsman Architecture

About This Home

As of January 2013

Estate-Sized Santa Monica Craftsman on West-Facing Double Lot with Unobstructed Ocean Views at Georgina & 7th North of Montana that is Truly A Rare Once In A Lifetime Offering, This Compound Offers a Generous 14,978 Sq.Ft. Double-Lot, with a 4,101 sq. ft. Original Craftsman Dwelling with 5 Bedrooms, 5 Bathrooms and Guest House. Built in 1912, this Turn of The Century Classic Home Has Many Original Features Including Elegant Handcrafted Architecture Such as Spacious Dining and Living Areas with French Doors, Exposed Wood Beams and Abundant Custom Woodwork and Finishes Throughout. A Fabulous Opportunity to Restore and Update this Original Condition Property or Endeavor to Develop it into a Grand Modern Estate with Completely Unobstructed Westward Facing Views to the Pacific Ocean Lined With Santa Monica's Iconic Palm Trees. Don't miss this offering On Over 1/3 of An Acre!

Last Agent to Sell the Property

Jason Reitz

Rock Realty Group License #01147587 Listed on: 10/09/2012

Co-Listed By

Bjorn Farrugia

Carolwood Estates License #01864250

Last Buyer's Agent

Sandra Miller

Engel & Völkers License #01446377

Engel & Völkers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $116,912

Year Built

  • Built in 1912

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • Property is zoned SMR1*

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Side by Side Parking
  • Gated Parking

Home Design

  • Craftsman Architecture

Interior Spaces

  • 4,191 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Ocean Views
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Open Patio

Additional Homes

  • Attached Guest House

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4293-005-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$116,912

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Living Area: 4191
  • Lot Acreage: 0.3400
  • Lot Dimensions: 100x150
  • Stories: 2
  • Year Built: 1912
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 5
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Dining Area
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 690.77

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Attached
  • Pool Description: Private
  • Pool: Yes
  • View: Ocean, Tree Top, Walk Street
  • View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Gated, Side By Side
  • Total Parking: 2

Utilities

  • Heating: Wall
  • Sewer: In Street

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4293-005-033
  • Lot Description: 2-4 Lots, Yard
  • Lot Size Area: 14978

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2017
Sold by
415 7Th St Llc
Bought by
Bertman Joshua and Bertman Jee Yun
Current Estimated Value
$11,586,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,720,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 9, 2012
Closed on
Feb 14, 2013
Sold by
415 14Th St Llc
Bought by
415 7Th St Llc
Seller's Agent
Jason Reitz
Rock Realty Group
Buyer's Agent
Sandra Miller
Engel & Völkers
List Price
$2,895,000
Sold Price
$3,500,000
Premium/Discount to List
$605,000
20.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%

Purchase Details

Listed on
Oct 9, 2012
Closed on
Dec 28, 2012
Sold by
Kane Mary
Bought by
415 14Th St Llc
Seller's Agent
Jason Reitz
Rock Realty Group
Buyer's Agent
Sandra Miller
Engel & Völkers
List Price
$2,895,000
Sold Price
$3,500,000
Premium/Discount to List
$605,000
20.9%

Purchase Details

Closed on
Feb 4, 2000
Sold by
Hann Denis
Bought by
Kane Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.14%

Purchase Details

Closed on
Jun 24, 1999
Sold by
Hann Denis
Bought by
Kane Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.2%

Purchase Details

Closed on
Mar 31, 1998
Sold by
Hann Dennis
Bought by
Kane Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.25%

Purchase Details

Closed on
Aug 29, 1997
Sold by
Hann Dennis
Bought by
Kane Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.43%

Purchase Details

Closed on
Jul 1, 1996
Sold by
Meller Carol Sue
Bought by
Kane Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.87%

Purchase Details

Closed on
Aug 15, 1993
Sold by
Meller Sally W
Bought by
Meller Sally W

Purchase Details

Closed on
Jul 22, 1993
Sold by
Meller Sally W
Bought by
Meller Sally W
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
Bertman Joshua $8,800,000 Fatcola
415 7Th St Llc -- Lawyers Title
415 14Th St Llc $3,500,000 Lawyers Title
Kane Mary -- Fidelity Title
Kane Mary -- Fidelity National Title Co
Kane Mary -- Equity Title
Kane Mary -- --
Kane Mary $879,000 Progressive Title Company
Kane Mary -- Progressive Title Company
Meller Sally W -- --
Meller Sally W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bertman Joshua $4,950,000
Closed Bertman Joshua $5,720,000
Previous Owner Kane Mary $90,000
Previous Owner Kane Mary $200,000
Previous Owner Kane Mary $1,400,000
Previous Owner Kane Mary $200,000
Previous Owner Kane Mary $1,235,000
Previous Owner Kane Mary $175,000
Previous Owner Kane Mary $260,000
Previous Owner Kane Mary $150,000
Previous Owner Kane Mary $200,000
Previous Owner Kane Mary $650,000
Previous Owner Kane Mary $70,000
Previous Owner Kane Mary $650,000
Previous Owner Kane Mary $50,000
Previous Owner Kane Mary $650,000
Closed Kane Mary $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2013 01/03/13 Sold $3,500,000 +20.9% $835 / Sq Ft
12/24/2012 12/24/12 Pending -- -- --
10/09/2012 10/09/12 For Sale $2,895,000 -- $691 / 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 $116,912 $10,213,152 $5,802,927 $4,410,225
2024 $116,912 $10,012,895 $5,689,145 $4,323,750
2023 $115,060 $9,816,565 $5,577,594 $4,238,971
2022 $113,718 $9,624,084 $5,468,230 $4,155,854
2021 $111,044 $9,435,377 $5,361,010 $4,074,367
2019 $109,241 $9,155,520 $5,202,000 $3,953,520
2018 $102,676 $8,976,000 $5,100,000 $3,876,000
2016 $42,152 $3,640,823 $2,912,659 $728,164
2015 $41,613 $3,586,136 $2,868,909 $717,227
2014 $40,990 $3,515,890 $2,812,712 $703,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-629015

The MLS

APN: 4293-005-033