NOT LISTED FOR SALE

Estimated Value: $2,508,000 - $3,066,000

3 Beds
3.5 Baths
2,533 Sq Ft
$1,099/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $2,045,000 $807 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $16,758/month

145 Days on Market

Highlights

  • Bay View
  • Primary Bedroom Suite
  • Midcentury Modern Architecture
  • Naples Bayside Academy Rated A
  • Open Floorplan
  • Two Story Ceilings

About This Home

As of September 2019

PRICE REDUCTION!! Treasure Island living at its best. This mid-century modern home was originally designed in 1959 by well known Long Beach architects Power and Daniels as the family home of Bruce Brown (creator of Endless Summer). The house was reimagined by S.Y Park, Inc. & developed by Modern Design Builders. The house consists of 3 bedrooms (all with ensuite bathrooms), 3 full baths, plus a powder room. Over 500 s.f was added to provide: a spacious master bath (complete with a large shower and free-standing tub) & walk-in-closet, an interior corridor that links the garage with the house, and a 2nd floor loft with a 28' long balcony with amazing views of Naples Canal and Alamitos Bay! The custom kitchen contains teak cabinetry, a generously sized island with prep sink, plenty of storage, and Thermador appliances. One ensuite bedroom is located downstairs (could double as a home office) and two bedrooms upstairs (including the master). The original exposed wood has been restored and the entrance and dining areas have 17' high ceilings. 5 large Western sliders provide seamless indoor/outdoor living. The house boasts exotic Brazilian teak hardwood flooring, porcelain tile bathrooms and Berber carpet in the bedrooms. The oversized lot is 3,101 s.f and contains a comfortable front deck & a private side yard. The bathrooms are exquisitely designed and well appointed with Hansgrohe fixtures. The 2-car garage is oversized & contains washer/dryer hookups.

Last Agent to Sell the Property

William Smith

Bryant Drive Properties, Inc. License #01431853 Listed on: 01/24/2019

Co-Listed By

Ben Fisher

Keller Williams Beverly Hills License #01938483

Last Buyer's Agent

Dave Delmotte

Coldwell Banker Realty License #00635555

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 3,101 Sq Ft Lot
  • Landscaped
  • Sprinklers on Timer
  • Property is zoned LBR1S

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Parking Available
  • Rear-Facing Garage
  • Garage Door Opener

Property Views

  • Bay
  • Canal

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Fire Rated Drywall
  • Interior Block Wall

Interior Spaces

  • 2,533 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Beamed Ceilings
  • Two Story Ceilings
  • Recessed Lighting
  • Double Pane Windows
  • Tinted Windows
  • Living Room
  • Living Room Balcony
  • Family or Dining Combination
  • Loft
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Double Oven
  • Electric Oven
  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Low Flow Toliet
  • Bathtub with Shower
  • Multiple Shower Heads
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 02
  • Tax Tract Number 7244
  • Assessor Parcel Number 7244026009

Home Details

Home Type

Single Family

Year Built

Built in 1959 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
  • Security: Fire Rated Drywall, Smoke Detector(s)
  • Subdivision Name Other: Treasure Island (TI)
  • View: Yes
  • Zoning: LBR1S
  • Architectural Style: Mid Century Modern
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7244026009
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2533.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Block Walls, Granite Counters, High Ceilings, Living Room Balcony, Open Floorplan, Recessed Lighting, Two Story Ceilings, Wired for Data, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, In Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 807.34
  • Room Type: Kitchen, Living Room, Loft, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Window Features: Double Pane Windows, Tinted Windows
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Granite Counters, Linen Closet/Storage, Privacy Toilet Door

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Bay, Canal
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage Door Opener, Oversized
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, Electric Oven, Disposal, Gas Cooktop, Microwave, Refrigerator, Water Line to Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 3101.00
  • Lot Size Acres: 0.0712

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3101.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5775.01
  • Tax Lot: 02
  • Tax Tract Number: 7244

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2019
Sold by
44 Palermo Walk Llc
Bought by
Kiley Thomas M and Kiley Cynthia S
Current Estimated Value
$2,784,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,525
Interest Rate
3.6%

Purchase Details

Listed on
Feb 5, 2018
Closed on
Apr 10, 2018
Sold by
Donell Stephen J
Bought by
44 Palermo Walk Llc
Seller's Agent
Craig Marson
First Team Real Estate
Buyer's Agent
William Smith
Bryant Drive Properties, Inc.
List Price
$1,450,000
Sold Price
$1,425,000
Premium/Discount to List
-$25,000
-1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.98%

Purchase Details

Listed on
Oct 14, 2016
Closed on
Nov 29, 2016
Sold by
Metscher William R
Bought by
Dennis Timothy Wayne
Seller's Agent
Spencer Snyder
The Agency
Buyer's Agent
Todd Fraser
West Shores Realty, Inc.
List Price
$1,595,000
Sold Price
$1,500,000
Premium/Discount to List
-$95,000
-5.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.02%
Original Mortgage
$1,125,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2010
Sold by
W R Assoc Inc
Bought by
Metscher William R and Metscher Bambi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2010
Sold by
Brown Bruce and Myrna S Brown Trust
Bought by
W R Assoc Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Interest Rate
4.18%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kiley Thomas M $2,045,000 Fidelity National Title
44 Palermo Walk Llc $1,425,000 Fidelity Sherman Oaks
Dennis Timothy Wayne $1,500,000 Ticor Title
Metscher William R $940,000 Provident Title Company
W R Assoc Inc -- Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kiley Thomas M $726,525
Previous Owner Dennis Timothy Wayne $1,125,000
Previous Owner Metscher William R $728,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2019 09/20/19 Sold $2,045,000 -4.4% $807 / Sq Ft
06/18/2019 06/18/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $2,140,000 +4.6% $845 / Sq Ft
05/31/2019 05/31/19 Off Market $2,045,000 -- --
05/03/2019 05/03/19 Price Changed $2,140,000 -6.1% $845 / Sq Ft
01/24/2019 01/24/19 For Sale $2,280,000 +60.0% $900 / Sq Ft
04/16/2018 04/16/18 Sold $1,425,000 -1.7% $726 / Sq Ft View Prior Sale
03/03/2018 03/03/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $1,450,000 -3.3% $738 / Sq Ft
01/13/2017 01/13/17 Sold $1,500,000 -6.0% $764 / Sq Ft View Prior Sale
11/23/2016 11/23/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $1,595,000 -- $812 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $27,569 $2,236,503 $1,749,832 $486,671
2024 $27,569 $2,192,651 $1,715,522 $477,129
2023 $27,114 $2,149,659 $1,681,885 $467,774
2022 $25,405 $2,107,509 $1,648,907 $458,602
2021 $24,940 $2,066,186 $1,616,576 $449,610
2019 $17,964 $1,453,500 $1,162,800 $290,700
2018 $17,861 $1,453,500 $1,224,000 $229,500
2016 $12,042 $1,017,322 $813,858 $203,464
2015 $11,470 $1,002,042 $801,634 $200,408
2014 $11,375 $982,415 $785,932 $196,483
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19015027

California Regional Multiple Listing Service (CRMLS)

APN: 7244-026-009