Landlord's Agent in 2016
Frank Langen
DPP
(310) 963-3891
36 in this area
49 Total Sales
518 E Rustic Rd Santa Monica, CA 90402
Estimated Value: $3,262,443 - $4,605,000
3
Beds
2
Baths
2,600
Sq Ft
$1,458/Sq Ft
Est. Value
Highlights
- Living Room with Fireplace
- Wood Flooring
- Open Patio
- Traditional Architecture
- Loft
- Laundry Room
About This Home
As of September 2016Serene, low key, two story traditional house immersed with mature trees and gardens centrally located close to State Beach, Rustic Canyon Park and the coveted Canyon Elementary School. When entering the gate into the grounds of this rustic enchanted setting one is immediately transformed. Entering the house the great room embraces you with warmth, comfort and promise of home. The open kitchen, family room and dining area connect to the exterior. A large formal living room or playroom plus an additional flex space room takes your breath away. This room is naturally lit by windows and skylights. Two bedroom plus one bath are also on the lower floor. The upstairs offers a two additional bedroom and bath combination of a master/children's room or master/office/studio. The house is surrounded by gardens and the canyon neighborhood vibe.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,597
Year Built
- Built in 1956
Lot Details
- 5,455 Sq Ft Lot
- Property is zoned LAR1
Parking
- On-Street Parking
Home Design
- Traditional Architecture
Interior Spaces
- 2,600 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Loft
- Oven or Range
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Additional Features
- Open Patio
- Central Heating
Listing and Financial Details
- Security Deposit $17,500
- Tenant pays for electricity, gas, trash collection, water
- 12 Month Lease Term
- Assessor Parcel Number 4410-016-006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 29, 2003
Sold by
Merriam John Roger and Merriam Esther Virginia
Bought by
Merriam Virginia and Merriam John R
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Merriam Virginia | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Merriam Virginia | $1,026,300 | |
| Closed | Merriam Virginia | $1,028,000 | |
| Closed | Merriam Virginia | $946,100 | |
| Closed | Merriam Virginia | $953,000 | |
| Closed | Merriam John R | $658,000 | |
| Closed | Merriam Virginia | $555,700 | |
| Closed | Merriam Virginia | $585,000 | |
| Closed | Merriam Virginia | $481,154 | |
| Closed | Merriam Virginia | $500,000 | |
| Closed | Merriam John R | $250,000 | |
| Closed | Merriam John Roger | $275,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/21/2016 09/21/16 | Rented | $8,500 | -2.9% | -- |
| 09/07/2016 09/07/16 | Price Changed | $8,750 | -7.9% | $3 / Sq Ft |
| 07/26/2016 07/26/16 | For Rent | $9,500 | -- | -- |
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 | $2,597 | $195,344 | $92,403 | $102,941 |
| 2024 | $2,597 | $191,515 | $90,592 | $100,923 |
| 2023 | $2,555 | $187,761 | $88,816 | $98,945 |
| 2022 | $2,447 | $184,080 | $87,075 | $97,005 |
| 2021 | $2,399 | $180,471 | $85,368 | $95,103 |
| 2019 | $2,332 | $175,120 | $82,837 | $92,283 |
| 2018 | $2,277 | $171,687 | $81,213 | $90,474 |
| 2016 | $2,152 | $165,021 | $78,060 | $86,961 |
| 2015 | $2,122 | $162,543 | $76,888 | $85,655 |
| 2014 | $2,140 | $159,360 | $75,382 | $83,978 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: The MLS
MLS Number: 16-147024
APN: 4410-016-006
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