NOT LISTED FOR SALE

Estimated Value: $6,955,000 - $7,974,000

5 Beds
4.5 Baths
4,885 Sq Ft
$1,510/Sq Ft Est. Value

Last Sold June 06, 2013

Last sale price $3,900,000 $798 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $43,216/month

Highlights

  • Heated In Ground Pool
  • Fireplace in Primary Bedroom
  • Marble Flooring
  • Franklin Elementary School Rated A+
  • Contemporary Architecture
  • Home Office

About This Home

As of July 2013

Magnificent, Traditional home in Gillette Regent Square with exquisite details and a warm, welcoming feeling. Entry has a lovely cathedral ceiling and the entire floor plan is perfect...every room is in the proper place. On the first floor there is a large living room, formal dining room and a family room which opens on to the exquisite patio. Off of the kitchen, there is a lovely breakfast area facing the garden. There is also a separate office/library and a maid's room/bath with private entry. On the second floor, there is a gorgeous, huge master bedroom and master bath with a fireplace and its own private patio. There are three other spacious bedrooms, one with a private balcony, and two full baths upstairs. All the rooms are light and bright. The backyard has lush gardens, a pool/spa, beautiful patio area and both the home and grounds are perfect for entertaining. This is a great opportunity to enjoy Santa Monica living at its very best! See private remarks.

Last Agent to Rent the Property

Mariana Gharai

Nelson Shelton & Associates License #00998587 Listed on: 07/15/2013

Nelson Shelton & Associates

Last Renter's Agent

David Offer

Berkshire Hathaway HomeServices California Properties License #01150357

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,359

Year Built

  • Built in 1988

Lot Details

  • 9,016 Sq Ft Lot
  • Property is zoned SMR1*

Home Design

  • Contemporary Architecture

Interior Spaces

  • 4,885 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Home Gym
  • Center Hall
  • Alarm System

Kitchen

  • Oven or Range
  • Portable Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room

Laundry

  • Laundry Room
  • Dryer

Parking

  • 3 Car Garage
  • Private Parking

Outdoor Features

  • Heated In Ground Pool
  • Open Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • Community Pool

Listing and Financial Details

  • Security Deposit $33,000
  • Tenant pays for cable TV, electricity, gas, water
  • 12-Month Minimum Lease Term
  • 12 Month Lease Term
  • Assessor Parcel Number 4278-028-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,359

Year Built

Built in 1988

Lot Details

0

Rental Info

  • Credit Report Required: Yes
  • Lease Length: 12
  • Security Deposit: 33000
  • Tenant Pays: Cable TV, Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary Mediterranean
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Complex Name: None
  • Entry Floor: 0
  • Lease Terms: 1+Year
  • Living Area: 4885
  • Monthto Month: No
  • Stories: 2
  • Year Built: 1988
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Hardwood, Marble, Mixed, Stone
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 4.50
  • Equipment: Alarm System, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Portable Dishwasher, Range/Oven, Refrigerator
  • Price Per S Q F T: 3.38

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, Private
  • Pool: Yes
  • View: No

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Garage, Private
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Pool
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4278-028-009
  • Geocode Override: No
  • Lot Size Area: 9016

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2013
Closed on
Sep 20, 2013
Sold by
Amin Farah
Bought by
So Plus So At 21St Place Llc
Seller's Agent
Mariana Gharai
Nelson Shelton & Associates
Buyer's Agent
David Offer
Berkshire Hathaway HomeServices California Properties
Sold Price
$16,500
Current Estimated Value
$7,375,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,358,794

Purchase Details

Closed on
Apr 5, 2013
Sold by
Moaven Cyrus
Bought by
Amin Farah

Purchase Details

Closed on
Apr 3, 2013
Sold by
Kurtzman Joel A and Warner Karen S
Bought by
Amin Nosrat M

Purchase Details

Closed on
Sep 16, 2009
Sold by
Rothman Bruce Howard and Kaye Barbara Andrea
Bought by
Kurtzman Joel A and Warner Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,275,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2004
Sold by
Alchalel Isaac and Alchalel Lucy
Bought by
Rothman Bruce Howard and Kaye Barbara Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2001
Sold by
Nesbitt Family Trust Nesbitt Stephen L And Li
Bought by
Alchalel Isaac and Alchalel Lucy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
6.98%

Purchase Details

Closed on
Aug 17, 1995
Sold by
Nesbitt Stephen and Nesbitt Lisa
Bought by
Nesbitt Stephen L and Nesbitt Lisa D
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
So Plus So At 21St Place Llc -- Accommodation
Amin Farah -- California Title
Amin Farah -- California Title
Amin Nosrat M -- California Title
Amin Nosrat M -- California Title
Kurtzman Joel A $3,250,000 Chicago Title Company
Rothman Bruce Howard $3,550,000 Chicago Title Co
Alchalel Isaac $2,350,000 Equity Title
Nesbitt Stephen L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kurtzman Joel A $2,275,000
Previous Owner Rothman Bruce Howard $1,500,000
Previous Owner Alchalel Isaac $1,750,000
Closed Rothman Bruce Howard $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2013 07/24/13 Rented $16,500 0.0% --
07/24/2013 07/24/13 Under Contract -- -- --
07/15/2013 07/15/13 For Rent $16,500 0.0% --
06/06/2013 06/06/13 Sold $3,900,000 -0.6% $798 / Sq Ft View Prior Sale
04/02/2013 04/02/13 Pending -- -- --
03/20/2013 03/20/13 Price Changed $3,925,000 -1.8% $803 / Sq Ft
02/20/2013 02/20/13 For Sale $3,995,000 -- $818 / 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 $55,359 $4,802,561 $2,585,994 $2,216,567
2024 $55,359 $4,708,394 $2,535,289 $2,173,105
2023 $54,479 $4,616,074 $2,485,578 $2,130,496
2022 $53,832 $4,525,564 $2,436,842 $2,088,722
2021 $52,551 $4,436,828 $2,389,061 $2,047,767
2019 $51,690 $4,305,231 $2,318,201 $1,987,030
2018 $48,602 $4,220,816 $2,272,747 $1,948,069
2016 $46,864 $4,056,919 $2,184,495 $1,872,424
2015 $46,264 $3,995,981 $2,151,682 $1,844,299
2014 $45,565 $3,917,706 $2,109,534 $1,808,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-688571

The MLS

APN: 4278-028-009