NOT LISTED FOR SALE

Estimated Value: $3,634,000 - $8,708,000

5 Beds
5.5 Baths
4,925 Sq Ft
$1,329/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $6,200,000 $1,259 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $41,497/month

74 Days on Market

Highlights

  • Home Theater
  • Views of Trees
  • Retreat
  • In Ground Pool
  • Contemporary Architecture
  • No HOA

About This Home

As of May 2021

Prime Location in the exclusive Huntington Palisades, is this beautiful Santa Barbara architectural that was meticulously crafted in 2018 with the most luxurious of amenities. Upon entry there is a living room to the right and dining room and well-appointed kitchen to the left. A pass-through bar flows out to the family room and backyard, where a Pebble Tec salt-water pool and spa is surrounded by beautiful coral stone hardscape. 3 ensuite bedrooms and a laundry fill out the ground floor, and then a floating glass staircase leads to a grand mastersuite replete with sitting area, walk-in closet, master bath, second bedroom/gym, and outdoor deck with built-in BBQ and fridge. Huge windows provide plenty of natural light throughout. The refurbished 2 car garage is set up as extra work space, but can readily be converted back. In all, a well-designed home in the most sought after neighborhood of the Palisades, with an indoor/outdoor feel that is perfect for entertaining.

Last Agent to Sell the Property

Andrew Sacks

Coldwell Banker Realty License #01910798 Listed on: 02/04/2021

Coldwell Banker Realty

Co-Listed By

Robert Winans

Coldwell Banker Realty License #01925689

Last Buyer's Agent

David Berg

Compass License #01481236

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $79,626

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 9,028 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,925 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Home Theater
  • Den
  • Views of Trees
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa
  • Waterfall Pool Feature
  • Pool Cover

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4411-018-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$79,626

Year Built

Built in 1948 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Living Area: 4925
  • Lot Acreage: 0.2073
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1948
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Bedroom Features: Master Retreat
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Dining Area
  • Laundry: Laundry Area
  • Total Bathrooms: 6.00
  • Den: 1
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer, Vented Exhaust Fan
  • Fireplace: Yes
  • Price Per S Q F T: 1319.59

Exterior Features

  • Other Structures: None
  • Patio: Patio Open
  • Pool Description: In Ground, Pool Cover, Waterfall
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Driveway, Garage Is Detached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA: No

Lot Info

  • Assessor Parcel Number: 4411-018-023
  • Lot Size Area: 9028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2022
Sold by
Kneib and Milu
Bought by
Kneib Hoppenbrouwer Family Trust
Current Estimated Value
$6,543,129

Purchase Details

Listed on
Feb 4, 2021
Closed on
May 4, 2021
Sold by
415 Ocampo Drive Llc
Bought by
Kneib Lewis and Hoppenbrouwer Milu
Seller's Agent
Andrew Sacks
Coldwell Banker Realty
Buyer's Agent
David Berg
Compass
List Price
$6,499,000
Sold Price
$6,200,000
Premium/Discount to List
-$299,000
-4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.26%
Original Mortgage
$5,000,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2019
Sold by
Randazzo John
Bought by
415 Ocampo Drive Llc

Purchase Details

Closed on
Sep 29, 2009
Sold by
Randazzo John F
Bought by
Randazzo John F and Randazzo Surviving Spouses Tru

Purchase Details

Closed on
Sep 2, 2009
Sold by
Randazzo John F and Alexis Randazzo Trust #1
Bought by
Randazzo John F

Purchase Details

Closed on
Jan 1, 2004
Sold by
Randazzo John F and Alexis Randazzo Trust #1
Bought by
Randazzo Partners
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
Kneib Hoppenbrouwer Family Trust -- Kramer & Dresben
Kneib Lewis $6,200,000 Equity Title Los Angeles
415 Ocampo Drive Llc -- None Available
415 Ocampo Drive Llc -- None Available
Randazzo John -- None Available
Randazzo John F -- None Available
Randazzo John F -- None Available
Randazzo John F -- None Available
Randazzo Partners -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kneib Lewis $5,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $6,200,000 -4.6% $1,259 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $6,499,000 -- $1,320 / 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 $79,626 $6,711,077 $3,712,741 $2,998,336
2024 $79,626 $6,579,489 $3,639,943 $2,939,546
2023 $78,063 $6,450,480 $3,568,572 $2,881,908
2022 $74,399 $6,324,000 $3,498,600 $2,825,400
2021 $24,281 $2,010,680 $595,035 $1,415,645
2020 $24,530 $1,990,064 $588,934 $1,401,130
2019 $23,557 $1,951,044 $577,387 $1,373,657
2018 $17,902 $1,452,960 $566,066 $886,894
2016 $14,134 $1,154,483 $544,086 $610,397
2015 $13,929 $1,137,143 $535,914 $601,229
2014 $13,976 $1,114,869 $525,417 $589,452
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-684912

The MLS

APN: 4411-018-023