541 Stassi Ln Santa Monica, CA 90402
5
Beds
5.5
Baths
5,430
Sq Ft
9,874
Sq Ft Lot
Highlights
- Ocean View
- Wine Cellar
- Heated In Ground Pool
- Tennis Courts
- Home Theater
- Wood Flooring
About This Home
As of November 2024Discover a once-in-a-lifetime opportunity to own a masterwork architectural designed by the late Ray Kappe, FAIA, one of America's most pre-eminent and internationally revered architects. This sun-drenched Modernist home offers exceptional volume, with walls of glass that create a seamless flow between the expansive living, dining, and great rooms and the sparkling pool, all framed by breathtaking Amalfi Rim canyon views. Floating staircase leads to romantic, ocean view, primary suite aerie. Chef's kitchen with Miele and Wolf appliances, Arabescato waterfall island, and Walker Zanger finishes. Second floor surround sound screening room. Four ensuite bedrooms up, downstairs fifth bedroom doubles as guest suite or spacious light-filled office. Floor-to-ceiling glass wine wall cabinet. Control 4 home automation. SPORT COURT. Three-car garage with four additional parking spaces on the property. Street-to-street lot with direct access to Entrada, one block away from a rejuvenating morning workout at the Santa Monica Stairs. A rare and perfected example of Ray Kappe's celebrated modern design with blue water views overlooking cherished Santa Monica Canyon.
Last Agent to Sell the Property
Coldwell Banker Realty License #01446166 Listed on: 10/14/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $95,158
Year Built
- Built in 2019
Lot Details
- 9,874 Sq Ft Lot
- Property is zoned LAR1
Parking
- 2 Open Parking Spaces
- 3 Car Garage
- 2 Detached Carport Spaces
- Guest Parking
Property Views
- Ocean
- Canyon
Interior Spaces
- 5,430 Sq Ft Home
- 2-Story Property
- Wine Cellar
- Great Room
- Dining Area
- Home Theater
- Den
- Library
- Alarm System
Kitchen
- Breakfast Bar
- Oven or Range
- Microwave
- Freezer
- Dishwasher
- Kitchen Island
- Marble Countertops
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- Powder Room
Laundry
- Laundry on upper level
- Gas Dryer Hookup
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Tennis Courts
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Sewer in Street
Listing and Financial Details
- Assessor Parcel Number 4410-001-018
Community Details
Overview
- No Home Owners Association
Recreation
- Sport Court
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 14, 2024
Closed on
Nov 6, 2024
Sold by
Steven And Cynthia Levine Living Trust and Levine Steven H
Bought by
Lawrence Loshak Gst Trust and Loshak
Seller's Agent
Todd Baker
Coldwell Banker Realty
Buyer's Agent
Tami Lynn McGuirt
Sotheby's International Realty
List Price
$10,995,000
Sold Price
$10,715,000
Premium/Discount to List
-$280,000
-2.55%
Views
75
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
-$1,865,497
Avg. Annual Appreciation
-23.81%
Purchase Details
Listed on
May 2, 2019
Closed on
Sep 26, 2019
Sold by
Twd 541 Stassi Lp
Bought by
Levine Steven H and Levine Cynthia Silvagni
Seller's Agent
Todd Baker
Coldwell Banker Realty
Buyer's Agent
Todd Baker
Coldwell Banker Realty
List Price
$7,995,000
Sold Price
$7,353,000
Premium/Discount to List
-$642,000
-8.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Purchase Details
Closed on
Sep 21, 2015
Sold by
Treves Noe D and Grosz Mariana H
Bought by
Twd 541 Stassi Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,550,000
Interest Rate
3.71%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Sep 15, 2011
Sold by
Treves Noe and Treves Mariana
Bought by
Treves Noe D and Grosz Mariana H
Purchase Details
Closed on
Feb 14, 2003
Sold by
Teubal Savina June and Savina June Teubal Lifetime Tr
Bought by
Teubal Savina June
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.93%
Similar Homes in Santa Monica, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $10,715,000 | Equity Title - Los Angeles | |
| Warranty Deed | $7,353,000 | Equity Title Los Angeles | |
| Grant Deed | $3,000,000 | Equity Title Los Angeles | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Landsafe Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $5,000,000 | New Conventional | |
| Previous Owner | $4,225,000 | Construction | |
| Previous Owner | $3,750,000 | Construction | |
| Previous Owner | $641,000 | Stand Alone Second | |
| Previous Owner | $2,550,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $2,550,000 | Purchase Money Mortgage | |
| Previous Owner | $240,000 | New Conventional | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $195,000 | No Value Available | |
| Previous Owner | $200,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/07/2024 11/07/24 | Sold | $10,715,000 | -2.5% | $1,973 / Sq Ft |
| 10/23/2024 10/23/24 | Pending | -- | -- | -- |
| 10/14/2024 10/14/24 | For Sale | $10,995,000 | 0.0% | $2,025 / Sq Ft |
| 11/16/2020 11/16/20 | Rented | $33,000 | -13.2% | -- |
| 10/01/2020 10/01/20 | Price Changed | $38,000 | -5.0% | $7 / Sq Ft |
| 08/05/2020 08/05/20 | For Rent | $40,000 | 0.0% | -- |
| 10/08/2019 10/08/19 | Sold | $7,353,000 | -8.0% | $1,354 / Sq Ft |
| 08/04/2019 08/04/19 | Pending | -- | -- | -- |
| 05/02/2019 05/02/19 | For Sale | $7,995,000 | -- | $1,472 / Sq Ft |
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 | $95,158 | $10,715,000 | $8,570,000 | $2,145,000 |
| 2024 | $95,158 | $7,883,898 | $3,521,324 | $4,362,574 |
| 2023 | $93,284 | $7,729,313 | $3,452,279 | $4,277,034 |
| 2022 | $88,894 | $7,577,759 | $3,384,588 | $4,193,171 |
| 2021 | $87,838 | $7,429,176 | $3,318,224 | $4,110,952 |
| 2019 | $45,233 | $3,826,326 | $3,183,624 | $642,702 |
| 2018 | $45,089 | $3,751,300 | $3,121,200 | $630,100 |
| 2017 | $36,728 | $3,060,000 | $2,448,000 | $612,000 |
| 2016 | $35,953 | $3,000,000 | $2,400,000 | $600,000 |
| 2015 | $22,040 | $1,839,370 | $1,560,680 | $278,690 |
| 2014 | $22,105 | $1,803,340 | $1,530,109 | $273,231 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Todd Baker
Coldwell Banker Realty
(310) 801-1475
3 in this area
21 Total Sales
-
Buyer's Agent in 2024
Tami Lynn McGuirt
Sotheby's International Realty
(310) 804-6645
5 in this area
10 Total Sales
-
Buyer's Agent in 2020
Alexandra Pfeifer
Sotheby's International Realty
(310) 230-3700
23 in this area
71 Total Sales
Map
Source: The MLS
MLS Number: 24-450487
APN: 4410-001-018
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