NOT LISTED FOR SALE

5023 Butterfield Ct Culver City, CA 90230

Estimated Value: $1,501,000 - $1,704,000

5 Beds
4 Baths
2,379 Sq Ft
$695/mo HOA Fee

Last Sold October 15, 2021

Last sale price $1,338,500 $563 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $10,879/month

9 Days on Market

Highlights

  • Gated with Attendant
  • Heated In Ground Pool
  • Clubhouse
  • Farragut Elementary School Rated A
  • View of Trees or Woods
  • Contemporary Architecture

About This Home

As of October 2021

Gorgeous updated townhome located within the historical and highly desirable, park-like Raintree community. Located on part of the old MGM backlot where many classic movies were filmed, this guard gated community is the best kept secret on the westside. The townhome consists of three levels. On the first level there is a oversized attached 2 car garage with workshop area, lots of storage and washer/dryer. Also on this level is a large bedroom with ensuite bathroom. On the middle level you find an open and airy large living area with newly installed SPC floors, vaulted ceilings, fireplace and built-in surround sound, an office/bedroom with murphy bed, a formal dining area and open chef's kitchen, high end appliances, granite counters and walk-in pantry. Three bedrooms on the top level featuring a large master bedroom with high ceilings and bathroom with marble counters, jacuzzi tub, steam shower and cedar closets. The pristinely maintained grounds of Raintree are just breathtaking. Surrounding this home, is a walkable forest of beautiful trees up to 100 years old, a lake with ducks, coy fish, turtles, magnificent water spouts, running creeks, and park benches throughout to take it all in. Community center with heated pool and spa can also be used to host parties and other personal functions. Close to Sony studios, downtown Culver City, restaurants, beaches, So-Fi Stadium, LAX and 405 freeway. Welcome to city living in your very own park!

Last Agent to Sell the Property

Zach Sklar

The ONE Luxury Properties License #01453593 Listed on: 09/09/2021

The ONE Luxury Properties

Last Buyer's Agent

May-Ann Fisher

Compass License #01972930

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,353

Year Built

  • Built in 1972

Lot Details

  • 1,363

HOA Fees

  • $695 Monthly HOA Fees

Parking

  • 2 Covered Spaces

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,379 Sq Ft Home
  • 3-Story Property
  • Electric Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Vinyl Flooring
  • Alarm System

Kitchen

  • Microwave
  • Stone Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower
  • Steam Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4296-002-074

Community Details

Overview

  • 354 Units

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,353

Year Built

Built in 1972

Lot Details

0

HOA Fees

$695 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Raintree Condominiums
  • Entry Floor: 1
  • Living Area: 2379
  • Lot Acreage: 0.0313
  • Planned Urban Dev: 1
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 1972
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Electric
  • Flooring: Vinyl
  • Appliances: Microwave
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Steam Shower, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Stone Counters
  • Laundry: Garage
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Alarm System, Dryer, Washer
  • Price Per S Q F T: 545.61

Exterior Features

  • Pool Description: Heated, In Ground, Community
  • Pool: Yes
  • Spa: Community, Heated
  • Spa Yn: Yes
  • View: Green Belt, Trees/Woods
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated Community with Guard

Association/Amenities

  • Amenities: Clubhouse, Pool, Tennis Courts, Gated Community Guard
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 695.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4296-002-074
  • Lot Size Area: 1365

Multi Family

  • Number Of Units: 354

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Sep 29, 2021
Sold by
Simmons Philip and Simmons Linda
Bought by
Rusaw Erin and Szopinski Sean
Seller's Agent
Zach Sklar
The ONE Luxury Properties
Buyer's Agent
May-Ann Fisher
Compass
List Price
$1,489,000
Sold Price
$1,338,500
Premium/Discount to List
-$150,500
-10.11%
Current Estimated Value
$1,606,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,419
Avg. Annual Appreciation
3.96%
Original Mortgage
$838,500
Outstanding Balance
$766,291
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$789,147

Purchase Details

Closed on
Apr 19, 2016
Sold by
Simmons Philip
Bought by
Philip & Linda Simmons Family Trust

Purchase Details

Closed on
Mar 2, 2006
Sold by
Henderson Lorraine S
Bought by
Simmons Philip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Rusaw Erin $1,338,500 Fidelity National Title
Philip & Linda Simmons Family Trust -- None Available
Simmons Philip $750,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rusaw Erin $838,500
Previous Owner Simmons Philip $280,000
Previous Owner Simmons Philip $350,000
Previous Owner Simmons Philip $150,000
Previous Owner Simmons Philip $100,000
Previous Owner Simmons Philip $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $1,338,500 +3.1% $563 / Sq Ft
09/18/2021 09/18/21 Pending -- -- --
09/17/2021 09/17/21 Price Changed $1,298,000 -12.8% $546 / Sq Ft
09/09/2021 09/09/21 For Sale $1,489,000 -- $626 / 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 $17,353 $1,420,425 $1,003,053 $417,372
2024 $17,353 $1,392,575 $983,386 $409,189
2023 $16,623 $1,365,270 $964,104 $401,166
2022 $15,727 $1,338,500 $945,200 $393,300
2021 $11,798 $965,697 $608,778 $356,919
2019 $11,345 $937,056 $590,722 $346,334
2018 $11,232 $918,684 $579,140 $339,544
2016 $10,509 $883,012 $556,652 $326,360
2015 $10,432 $869,749 $548,291 $321,458
2014 $7,784 $620,000 $390,400 $229,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-782196

The MLS

APN: 4296-002-074