Seller's Agent in 2025
Frank Langen
DPP
(310) 963-3891
36 in this area
49 Total Sales
533 W Rustic Rd Santa Monica, CA 90402
0.14
Acre
$16,630,513
Price per Acre
6,023
Sq Ft Lot
About This Lot
As of May 2025Wonderful opportunity to create your dream home in the oasis of Rustic Canyon. Located creek side, between State Beach, Rustic Canyon Park, Canyon Elementary and the commercial area Canyon Square and the local restaurants. The neighborhood was spared by Mother Nature so the infrastructure and homes are all intact. Due to there having been two houses on the lot that burned, there's most likely an opportunity to build up to 5,000 sqft on this parcel if you apply for permits by the end of the year.
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,421
Lot Details
- 6,023 Sq Ft Lot
- Property is zoned LAR1
Property Views
- Canyon
- Creek or Stream
Utilities
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 4410-015-009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 17, 2025
Closed on
Apr 22, 2025
Sold by
Schnakenberg Erik and Ford Leanne
Bought by
Buchbinder Jaye Driggs
Seller's Agent
Frank Langen
DPP
Buyer's Agent
Frank Langen
DPP
List Price
$2,800,000
Sold Price
$2,300,000
Premium/Discount to List
-$500,000
-17.86%
Views
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
$253,427
Avg. Annual Appreciation
47.28%
Purchase Details
Listed on
Oct 3, 2024
Closed on
Nov 18, 2024
Sold by
Patricia Darlene Bongart Trust and Barsumian Rich
Bought by
Schnakenberg Erik and Ford Leanne
Seller's Agent
Todd Frelinger
Prime Equity Properties, Inc.
Buyer's Agent
Frank Langen
DPP
List Price
$3,995,000
Sold Price
$4,200,000
Premium/Discount to List
$205,000
5.13%
Views
66
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-82.10%
Original Mortgage
$2,856,000
Interest Rate
6.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 10, 1999
Sold by
Bongart Patricia L
Bought by
Bongart Patricia Darlene and Patricia Darlene Bongart Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,300,000 | Lawyers Title Company | |
| Grant Deed | $4,200,000 | Lawyers Title Company | |
| Grant Deed | $4,200,000 | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,856,000 | New Conventional | |
| Previous Owner | $104,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2025 05/01/25 | Sold | $2,300,000 | -17.9% | $1,137 / Sq Ft |
| 04/11/2025 04/11/25 | Pending | -- | -- | -- |
| 03/17/2025 03/17/25 | For Sale | $2,800,000 | -33.3% | $1,385 / Sq Ft |
| 12/24/2024 12/24/24 | Sold | $4,200,000 | +5.1% | $848 / Sq Ft |
| 11/08/2024 11/08/24 | Pending | -- | -- | -- |
| 10/03/2024 10/03/24 | For Sale | $3,995,000 | 0.0% | $806 / Sq Ft |
| 10/01/2013 10/01/13 | Rented | $5,200 | -20.0% | -- |
| 10/01/2013 10/01/13 | Under Contract | -- | -- | -- |
| 08/30/2013 08/30/13 | For Rent | $6,500 | -- | -- |
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 | $4,421 | $2,535,000 | $2,535,000 | -- |
| 2024 | $4,421 | $344,572 | $107,894 | $236,678 |
| 2023 | $4,342 | $337,817 | $105,779 | $232,038 |
| 2022 | $4,149 | $331,194 | $103,705 | $227,489 |
| 2021 | $4,087 | $324,701 | $101,672 | $223,029 |
| 2019 | $3,968 | $315,072 | $98,657 | $216,415 |
| 2018 | $3,892 | $308,895 | $96,723 | $212,172 |
| 2016 | $3,706 | $296,902 | $92,968 | $203,934 |
| 2015 | $3,653 | $292,443 | $91,572 | $200,871 |
| 2014 | $3,675 | $286,716 | $89,779 | $196,937 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller's Agent in 2024
Todd Frelinger
Prime Equity Properties, Inc.
(949) 416-9856
1 in this area
27 Total Sales
-
Buyer's Agent in 2013
Nili Hudson
Compass
(310) 486-0807
2 in this area
41 Total Sales
Map
Source: The MLS
MLS Number: 25513041
APN: 4410-015-009
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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