NOT LISTED FOR SALE

Estimated Value: $6,266,000 - $7,076,000

5 Beds
4.5 Baths
4,915 Sq Ft
$1,370/Sq Ft Est. Value

Last Sold May 12, 2016

Last sale price $4,715,000 $959 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $41,259/month

15 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Pool View
  • Third Street Elementary School Rated A
  • Spanish Architecture
  • Library

About This Home

As of May 2016

This stunning, sun-filled Spanish situated on a corner lot, has been meticulously restored and renovated. A 2 story entry with Malibu tiled staircase welcomes you to the dramatic living room with coffered ceiling and fireplace. The handsome paneled library creates an ideal office. A beautifully updated kitchen and family room access the exceptional yard with sparking pool. There are two bedrooms, 2.5 bathrooms downstairs to ensure guest privacy. Upstairs are 3 bedrooms and 2 upgraded baths. The generous master bedroom with sitting area and elegant master bath opens to a romantic terrace overlooking the gorgeous yard. The impeccably landscaped property is enhanced by a pristine pool in an idyllic private setting. This gracious home offers the perfect floor plan for opulent or intimate entertaining. 3rd Street Elementary.

Last Agent to Sell the Property

Sue Carr

Coldwell Banker Realty License #00888374 Listed on: 03/31/2016

Coldwell Banker Realty

Co-Listed By

Anne Loveland

Coldwell Banker Realty License #01467820

Last Buyer's Agent

Leah Brenner Naomi Hartman

Coldwell Banker Realty License #00917665

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,977

Year Built

  • Built in 1929

Lot Details

  • 0.37 Acre Lot
  • Property is zoned LARE11

Home Design

  • Spanish Architecture
  • Tile Roof

Interior Spaces

  • 4,915 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Library
  • Pool Views
  • Oven or Range

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Uncovered Parking

Outdoor Features

  • In Ground Pool
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5524-034-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,977

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 4915
  • Stories: 2
  • Year Built: 1929
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Stone
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 5.00
  • Equipment: Dryer, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 895.02

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • Roof: Tile
  • Spa Yn: No
  • View: Pool
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Uncovered
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 5524-034-019
  • Geocode Override: No
  • Lot Size Area: 16121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2016
Sold by
Gersh Steven and Gersh Christina
Bought by
Gersh Steven P and The Husbands Separate Property
Current Estimated Value
$6,735,317

Purchase Details

Listed on
Mar 31, 2016
Closed on
Apr 16, 2016
Bought by
Gersh Family Trust
Seller's Agent
Sue Carr
Coldwell Banker Realty
Buyer's Agent
Leah Brenner Naomi Hartman
Coldwell Banker Realty
List Price
$4,399,000
Sold Price
$4,715,000
Premium/Discount to List
$316,000
7.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%

Purchase Details

Listed on
Jan 7, 2014
Closed on
Jan 21, 2014
Sold by
Tiger Bass Properties Llc
Seller's Agent
Benjamin Shapiro
Nourmand & Associates-BH
Buyer's Agent
Alexandra Pfeifer
Sotheby's International Realty
List Price
$2,995,000
Sold Price
$3,327,500
Premium/Discount to List
$332,500
11.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.00%
Original Mortgage
$2,427,500
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 2, 2013
Closed on
Sep 19, 2013
Sold by
Jackson Ralph A and Jackson Ralph A
Bought by
Tiger Bass Properties Llc
Seller's Agent
Cheryl Lattimore
Premier Realty Associates
Buyer's Agent
Rick Colson
Beachside Realty Group
List Price
$2,200,000
Sold Price
$2,325,000
Premium/Discount to List
$125,000
5.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
244.25%

Purchase Details

Closed on
May 25, 2005
Sold by
Rosha Udi and Rosha Cathlene
Bought by
Jackson Ralph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2002
Sold by
Rosha Udi and Rosha Cathlene
Bought by
Rosha Udi and Rosha Cathlene

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
5.96%

Purchase Details

Closed on
Sep 25, 2002
Sold by
Rosha Udi and Rosha Cathlene
Bought by
Rosha Udi and Rosha Cathlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 13, 2002
Sold by
Rosha Udi and Rosha Cathlene
Bought by
Rosha Udi and Rosha Cathlene

Purchase Details

Closed on
Nov 15, 1995
Sold by
Chung Tom S
Bought by
Rosha Udi and Rosha Cathlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
8.75%

Purchase Details

Closed on
Mar 11, 1994
Sold by
California Federal Bank Fsb
Bought by
Chung Tom S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
8.87%
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
Gersh Steven P -- None Available
Gersh Family Trust $4,715,000 Chicago Title
-- $3,327,533 Provident Title Company
Tiger Bass Properties Llc -- First American Title Company
Jackson Ralph A -- Equity Title Company
Jackson Ralph A -- Equity Title Company
Rosha Udi -- Gateway Title Company
Rosha Udi -- Gateway Title Company
Rosha Udi -- First American Title Ins Co
Rosha Udi -- --
Rosha Udi -- --
Rosha Udi $615,000 Equity Title
Chung Tom S $615,000 Continental Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner -- $2,427,500
Previous Owner Jackson Ralph A $2,450,000
Previous Owner Rosha Udi $650,000
Previous Owner Rosha Udi $500,000
Previous Owner Rosha Udi $492,000
Previous Owner Chung Tom S $492,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2016 05/12/16 Sold $4,715,000 +7.2% $959 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $4,399,000 +32.2% $895 / Sq Ft
02/21/2014 02/21/14 Sold $3,327,500 +11.1% $677 / Sq Ft View Prior Sale
01/21/2014 01/21/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $2,995,000 +28.8% $609 / Sq Ft
11/08/2013 11/08/13 Sold $2,325,000 +8.0% $473 / Sq Ft View Prior Sale
04/08/2013 04/08/13 Price Changed $2,153,400 -2.1% $438 / Sq Ft
03/24/2013 03/24/13 Pending -- -- --
03/02/2013 03/02/13 For Sale $2,200,000 -- $448 / 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 $69,977 $5,869,630 $3,965,718 $1,903,912
2024 $69,977 $5,754,540 $3,887,959 $1,866,581
2023 $67,361 $5,538,709 $3,811,725 $1,726,984
2022 $64,217 $5,430,108 $3,736,986 $1,693,122
2021 $63,450 $5,323,636 $3,663,712 $1,659,924
2019 $60,074 $5,040,737 $3,555,046 $1,485,691
2018 $59,831 $4,941,900 $3,485,340 $1,456,560
2016 $41,718 $3,445,739 $2,756,592 $689,147
2015 $41,106 $3,393,982 $2,715,186 $678,796
2014 $35,727 $2,870,000 $2,050,000 $820,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-111132

The MLS

APN: 5524-034-019