NOT LISTED FOR SALE

521 E Channel Rd Santa Monica, CA 90402

Estimated Value: $4,325,000 - $7,403,000

2 Beds
2.5 Baths
1,838 Sq Ft
$3,100/Sq Ft Est. Value

Last Sold October 03, 2014

Last sale price $3,395,000 $1,847 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $35,068/month

17 Days on Market

Highlights

  • 20,069 Sq Ft lot
  • Wood Flooring
  • Living Room
  • Canyon View
  • Den
  • Open Patio

About This Home

As of October 2014

Tucked away on a quiet cul-de-sac. Beautiful wooden bridge flows over the Creek providing access to the property. 2 bedroom, office, family room and a separate Casitas sit serenely on over 20,000 Sq.Ft. lot with old growth trees and multiple outdoor entertaining areas.

Last Agent to Sell the Property

Isabelle Mizrahi

Berkshire Hathaway HomeServices California Properties License #01209059 Listed on: 08/01/2014

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Laurence Young

Berkshire Hathaway HomeServices California Properties License #00999537

Last Buyer's Agent

Frank Langen

DPP License #01108147

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,340

Year Built

  • Built in 1957

Lot Details

  • 0.46 Acre Lot
  • Property is zoned LARE20

Interior Spaces

  • 1,838 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Area
  • Den
  • Canyon Views
  • Oven or Range
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 1 Parking Space
  • Detached Carport Space

Additional Features

  • Open Patio
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4408-021-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,340

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 1838
  • Year Built: 1957
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, Hardwood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 1848.20

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Canyon
  • View: Yes

Garage/Parking

  • Parking Garage: Carport Detached
  • Total Parking: 1

Utilities

  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4408-021-020
  • Geocode Override: No
  • Lot Size Area: 20069

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2014
Closed on
Sep 23, 2014
Sold by
Plotkin Jay J and Milhaupt/Byers Family By Pass
Bought by
Hofman Mara and Bright & Beautiful Trust
Seller's Agent
Isabelle Mizrahi
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Frank Langen
DPP
List Price
$3,397,000
Sold Price
$3,395,000
Premium/Discount to List
-$2,000
-0.06%
Current Estimated Value
$5,669,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,274,322
Avg. Annual Appreciation
4.88%
Original Mortgage
$2,376,500
Outstanding Balance
$1,825,170
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$3,872,926
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
Hofman Mara $3,395,000 Title 365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hofman Mara $2,376,500
Previous Owner Byers Nina $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2014 10/03/14 Sold $3,395,000 -0.1% $1,847 / Sq Ft
08/18/2014 08/18/14 Pending -- -- --
08/01/2014 08/01/14 For Sale $3,397,000 -- $1,848 / 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 $48,340 $4,540,275 $3,845,919 $694,356
2024 $48,340 $4,000,270 $3,770,509 $229,761
2023 $47,392 $3,921,834 $3,696,578 $225,256
2022 $45,165 $3,844,937 $3,624,097 $220,840
2021 $44,635 $3,769,547 $3,553,037 $216,510
2019 $43,285 $3,657,741 $3,447,652 $210,089
2018 $43,158 $3,586,021 $3,380,051 $205,970
2016 $41,320 $3,446,773 $3,248,800 $197,973
2015 $40,708 $3,395,000 $3,200,000 $195,000
2014 $3,035 $227,662 $108,787 $118,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-781373

The MLS

APN: 4408-021-020