NOT LISTED FOR SALE

Estimated Value: $3,424,000 - $4,264,000

5 Beds
5 Baths
5,347 Sq Ft
$705/Sq Ft Est. Value

Last Sold May 25, 2021

Last sale price $2,995,000 $560 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $23,048/month

58 Days on Market

Highlights

  • Second Kitchen
  • Gourmet Kitchen
  • Panoramic View
  • Mira Catalina Elementary School Rated A+
  • Two Primary Bedrooms
  • 25,754 Sq Ft lot

About This Home

As of May 2021

From the moment you set foot inside this elegant estate home, you will be captivated by the spectacular panoramic views of the Pacific Ocean, Catalina Island, and the twinkling lights of San Pedro, Long Beach Orange County and Newport Beach in the evening. As you step through the foyer and into the living room, your eyes will be drawn immediately to these views through the impressive floor to ceiling windows. You will notice beautifully crafted cherry wood ceilings and Birchwood floors throughout this main living area. The upgraded chef's kitchen is equipped with many high-end appliances including a Gaggenau cooktop, induction and gas stove as well as a built-in refrigerator and espresso maker. On the first floor you will also find a butler's kitchen, a library, three spacious guest rooms as well as an impressive master suite with a spa-like bathroom. Step just outside the main living space to your private, beautifully landscaped backyard. Take in the views while sitting around the fire pit or refine your short game on the putting green. Upstairs, you will find another very spacious master retreat including a fireplace and views of the city and harbor. The second floor also includes an expansive living space, kitchenette, and wrap around patio. This estate also has fully paid for solar! So many exquisite details and upgrades to this estate property, you must see to believe.

Last Agent to Sell the Property

Kim Bloch

HomeSmart License #01509857 Listed on: 02/08/2021

HomeSmart

Last Buyer's Agent

Suzanne Dyer

Strand Hill Properties License #01054310

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,752

Year Built

  • Built in 1964

Lot Details

  • 0.59 Acre Lot
  • Sprinkler System

Property Views

  • Panoramic
  • City Lights

Interior Spaces

  • 5,347 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Electric Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Bonus Room
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Second Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Butlers Pantry
  • Convection Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Wood Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • 5 Full Bathrooms

Parking

  • 3 Car Direct Access Garage
  • Driveway

Additional Features

  • Solar owned by seller
  • Deck
  • Central Heating and Cooling System

Community Details

  • Putting Green

Listing and Financial Details

  • Assessor Parcel Number 7566004016

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,752

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Two
  • Building Number Of Stories: 3
  • List Price per Sq Ft: 598.47
  • Lp Sp Ratio: 0.9400
  • View Type: City Lights, Panoramic, City, Catalina
  • Year Built: 1964
  • Listing I D: 219058094
  • Listing Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Member Fax: (760) 507-3880
  • Listing Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 844-7550
  • Selling Office Address: 12770 El Camino Real Suite 100, San Diego, CA 92130
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Microwave Oven, Convection Oven, Gas Range, Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Family Room, Master Bedroom, Living Room
  • Fireplace Features: Electric
  • Flooring: Wood, Tile
  • Bedroom Features: 2 Master Bedrooms, Walk In Closet, Master Retreat, Main Floor Master Bedroom, Main Floor Bedroom
  • Total Bedrooms: 5
  • Bathroom Features: 2 Master Baths
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Eating Areas: Breakfast Counter/Bar, Kitchen Island, Dining Area, Breakfast Nook
  • Kitchen Features: Gourmet Kitchen, Wood Counters, Quartz Counters, Second Kitchen, Skylight(s)
  • Laundry: Individual Room
  • Estimated Sq Ft: 5347.00

Exterior Features

  • Other Features: Putting Green, Solar System Owned
  • Patio: Deck
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Driveway
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 7.00
  • Total Uncovered Assigned Spaces: 4.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 7566004016
  • Irrigation: Sprinkler System
  • Lot Size: 25754.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2021
Closed on
May 6, 2021
Sold by
Borgen Bjorn and Borgen Jeanette M
Bought by
Estes Franklin J and Estes Jennifer R
Seller's Agent
Kim Bloch
HomeSmart
Buyer's Agent
Suzanne Dyer
Strand Hill Properties
List Price
$3,200,000
Sold Price
$2,995,000
Premium/Discount to List
-$205,000
-6.41%
Current Estimated Value
$3,770,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$775,497
Avg. Annual Appreciation
5.41%
Original Mortgage
$1,882,592
Outstanding Balance
$1,706,098
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$2,064,399

Purchase Details

Closed on
Jun 2, 2003
Sold by
Cullen William Richard and Cullen Mary Ann
Bought by
Borgen Bjorn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$968,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Estes Franklin J $2,995,000 First American Title Company O
Borgen Bjorn $1,210,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estes Franklin J $1,882,592
Previous Owner Borgen Bjorn $968,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2021 05/25/21 Sold $2,995,000 -6.4% $560 / Sq Ft
02/08/2021 02/08/21 For Sale $3,200,000 -- $598 / Sq Ft
Source: California Desert Association of REALTORS®

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 $35,752 $3,241,882 $1,850,092 $1,391,790
2024 $35,752 $3,178,316 $1,813,816 $1,364,500
2023 $35,241 $3,115,997 $1,778,251 $1,337,746
2022 $33,437 $3,054,900 $1,743,384 $1,311,516
2021 $23,837 $2,114,295 $1,070,427 $1,043,868
2020 $23,506 $2,092,617 $1,059,452 $1,033,165
2019 $22,791 $2,051,586 $1,038,679 $1,012,907
2018 $22,437 $2,011,360 $1,018,313 $993,047
2016 $21,289 $1,933,259 $978,772 $954,487
2015 $21,248 $1,904,220 $964,070 $940,150
2014 $20,952 $1,866,920 $945,186 $921,734
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219058094

California Desert Association of REALTORS®

APN: 7566-004-016