R
Seller's Agent in 2022
Ron Wynn
Compass
(310) 395-7090
4 in this area
191 Total Sales
501 19th St Santa Monica, CA 90402
North of Montana NeighborhoodEstimated Value: $5,910,000 - $7,178,000
7
Beds
6
Baths
6,899
Sq Ft
$944/Sq Ft
Est. Value
Highlights
- Home Theater
- Fireplace in Primary Bedroom
- Corner Lot
- Franklin Elementary School Rated A+
- Mediterranean Architecture
- No HOA
About This Home
As of April 2022A stellar North of Montana corner location. This 6,900 square foot home is truly a diamond in the rough. The 10,454 foot lot categorizes this, as one of the largest lots in the much sought after Gillette's regent square. Recently bank appraised for approximately $6,200,000, this 7 bedroom home with character and charm is being offered for approximately $1,000,000 less, to accommodate a needed major remodel. Following the suggested facelift, this beautiful one of a kind- 2 story Mediterranean estate should look very much like the rendering and photos shown. The existing floor plan features all the right rooms in all the right places including a down stairs office, a formal and informal family room, which offers a media room alternative, a full upstairs master suite with adjoining gym or sitting room, and a secondary master suite (as one of the upstairs family bedrooms.) Grandfathered prior to the current building code, this home can no longer be duplicated on 2 levels. If you can get excited about adding your own finishes to a project that will promise years of comfort and joy, you will definitely want to schedule a showing. Based on the square footage and lot size, the potential here can easily bring the value to exceed $7,000,000. Photos are renderings of the existing house "reimagined".
Last Buyer's Agent
Unknown Agent
Data Migration
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $61,581
Year Built
- Built in 1925
Lot Details
- 10,454 Sq Ft Lot
- West Facing Home
- Privacy Fence
- Corner Lot
- Property is zoned SMR1*
Parking
- 3 Car Garage
Home Design
- Mediterranean Architecture
- Major Repairs Completed
Interior Spaces
- 6,899 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room with Fireplace
- Home Theater
- Dishwasher
Bedrooms and Bathrooms
- 7 Bedrooms
- Fireplace in Primary Bedroom
- 6 Full Bathrooms
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
Outdoor Features
- Balcony
- Open Patio
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 4279-007-013
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 7, 2021
Closed on
Mar 25, 2022
Sold by
Irene Mollmann
Bought by
Boren Michael Drake
Seller's Agent
Ron Wynn
Compass
Buyer's Agent
Unknown Agent
Data Migration
List Price
$5,195,000
Sold Price
$5,025,000
Premium/Discount to List
-$170,000
-3.27%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,487,733
Avg. Annual Appreciation
8.27%
Purchase Details
Closed on
Jun 5, 2014
Sold by
Mollmann Arnold
Bought by
Mollmann Arnold and Mollmann Irene
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Boren Michael Drake | $5,025,000 | Lawyers Title | |
| Mollmann Arnold | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Boren Michael Drake | $2,000,000 | |
| Previous Owner | Mollmann Arnold | $780,000 | |
| Previous Owner | Mollmann Arnold | $550,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2022 04/08/22 | Sold | $5,025,000 | -3.3% | $728 / Sq Ft |
| 11/22/2021 11/22/21 | Pending | -- | -- | -- |
| 10/07/2021 10/07/21 | For Sale | $5,195,000 | -- | $753 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $61,581 | $5,332,570 | $3,183,624 | $2,148,946 |
| 2024 | $61,581 | $5,228,010 | $3,121,200 | $2,106,810 |
| 2023 | $60,606 | $5,125,500 | $3,060,000 | $2,065,500 |
| 2022 | $9,869 | $742,583 | $190,812 | $551,771 |
| 2021 | $9,145 | $728,023 | $187,071 | $540,952 |
| 2019 | $8,995 | $706,431 | $181,523 | $524,908 |
| 2018 | $8,294 | $692,580 | $177,964 | $514,616 |
| 2016 | $7,932 | $665,688 | $171,054 | $494,634 |
| 2015 | $7,832 | $655,690 | $168,485 | $487,205 |
| 2014 | $7,730 | $642,847 | $165,185 | $477,662 |
Source: Public Records
Agents Affiliated with this Home
-
Ron Wynn
-
U
Buyer's Agent in 2022
Unknown Agent
Data Migration
Map
Source: The MLS
MLS Number: 21-791490
APN: 4279-007-013
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