NOT LISTED FOR SALE

Estimated Value: $4,369,000 - $6,189,000

4 Beds
4.5 Baths
3,938 Sq Ft
$1,386/Sq Ft Est. Value

Highlights

  • Fireplace in Primary Bedroom
  • Traditional Architecture
  • Home Office
  • Franklin Elementary School Rated A+
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of April 2024

This welcoming traditional home is situated on a desirable corner lot north of Montana, offering sun-drenched rooms, high ceilings, and perfect spaces for entertaining friends and family both indoors and out. A huge gourmet kitchen, featuring top of the line Thermador appliances, built in breakfast booth, granite countertops and custom cabinetry opens to a large family room with a wood burning fireplace and large sliding doors to the outside patio and yard. Off the kitchen is a formal dining room and living room with bay windows. Three roomy bedrooms with private bathrooms plus a laundry/mudroom and powder room, complete the downstairs. Upstairs is a large, private, wood paneled office and gracious primary bedroom with fireplace, cedar lined walk in closet, luxurious master bath. The backyard offers a large patio, wood burning fireplace, built-in BBQ and grassy areas perfect for hosting a crowd. Close proximity to SM schools, Montana and Brentwood shopping, and of course minutes to Santa Monica beaches.

Last Agent to Rent the Property

Joy Lizabeth Kelly

Sotheby's International Realty License #02115180 Listed on: 04/02/2024

Sotheby's International Realty

Last Renter's Agent

Joy Lizabeth Kelly

Sotheby's International Realty License #02115180 Listed on: 04/02/2024

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,012

Year Built

  • Built in 1940

Lot Details

  • 8,744 Sq Ft Lot
  • Lot Dimensions are 60x145
  • Property is zoned SMR1*

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,938 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Bar
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Home Office

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire Sprinkler System

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $39,000
  • Tenant pays for cable TV, electricity, gas, insurance, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 4278-012-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,012

Year Built

Built in 1940

Lot Details

0

Parking

2

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Lease Option: 1
  • Rent Excludes: Utilities, garbage
  • Security Deposit: 39000
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Traditional
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 3938
  • Lot Acreage: 0.2007
  • Lot Dimensions: 60x145
  • Monthto Month: No
  • Stories: 2
  • Year Built: 1940
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room, Family Room, Master Bedroom
  • Flooring: Hardwood, Stone Tile, Tile
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Central Vacuum, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 4.95

Exterior Features

  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Volt 220: In Garage
  • Cooling: Central
  • Heating: Central
  • Security: Fire and Smoke Detection System, Fire Sprinklers, Prewired for alarm system

Association/Amenities

  • Pet Rules: Yes

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Assessor Parcel Number: 4278-012-012
  • Lot Size Area: 8744

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2007
Sold by
Obradovich Corp
Bought by
Cormack David A and Cormack Michelle R
Current Estimated Value
$5,457,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2006
Sold by
Williams Joseph E
Bought by
Kelly John S and Kelly Joy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 3, 2005
Sold by
Sullivan Paul A
Bought by
Martz Carey G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 13, 1994
Sold by
Williams Virginia Kendall
Bought by
Williams Joseph E and Williams Virginia K

Purchase Details

Closed on
Jul 29, 1994
Sold by
Williams Joy Lizabeth
Bought by
Williams Virginia Kendall

Purchase Details

Closed on
Mar 21, 1994
Sold by
Williams Virginia Kendall
Bought by
Williams Joy Lizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4%
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
Cormack David A $3,607,500 Chicago Title Co
Kelly John S -- None Available
Martz Carey G -- Lawyers Title
Williams Joseph E -- --
Williams Virginia Kendall -- --
Williams Joy Lizabeth -- First Southwestern Title Co
Williams Joy Lizabeth $300,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cormack David A $200,000
Open Cormack David A $2,312,000
Closed Kelly John S $500,000
Closed Kelly John S $1,100,000
Closed Cormack David A $2,400,000
Previous Owner Kelly John S $1,100,000
Previous Owner Martz Carey G $999,999
Previous Owner Martz Carey G $250,000
Previous Owner Martz Carey G $999,999
Previous Owner Williams Joy Lizabeth $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2024 04/23/24 Rented $16,667 -14.5% --
04/02/2024 04/02/24 For Rent $19,500 +8.3% --
08/11/2021 08/11/21 Rented $18,000 +2.9% --
08/01/2021 08/01/21 For Rent $17,500 +11.1% --
07/08/2020 07/08/20 Rented $15,750 -1.3% --
06/11/2020 06/11/20 Price Changed $15,950 -5.9% $4 / Sq Ft
05/09/2020 05/09/20 Price Changed $16,950 -8.4% $4 / Sq Ft
04/24/2020 04/24/20 For Rent $18,500 -- --
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 $18,012 $1,494,377 $976,215 $518,162
2024 $18,012 $1,465,076 $957,074 $508,002
2023 $17,727 $1,436,350 $938,308 $498,042
2022 $17,503 $1,408,187 $919,910 $488,277
2021 $17,054 $1,380,576 $901,873 $478,703
2019 $16,766 $1,339,629 $875,124 $464,505
2018 $15,689 $1,313,363 $857,965 $455,398
2017 $15,619 $1,287,612 $841,143 $446,469
2016 $15,089 $1,262,365 $824,650 $437,715
2015 $14,894 $1,243,404 $812,263 $431,141
2014 $14,686 $1,219,048 $796,352 $422,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-375137

The MLS

APN: 4278-012-012