NOT LISTED FOR SALE

550 E Channel Rd Santa Monica, CA 90402

Estimated Value: $4,432,000 - $4,900,000

4 Beds
4 Baths
2,367 Sq Ft
$1,971/Sq Ft Est. Value

Last Sold February 26, 2013

Last sale price $2,740,000 $1,158 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $27,773/month

4 Days on Market

Highlights

  • Cape Cod Architecture
  • Fireplace in Primary Bedroom
  • 2 Car Attached Garage
  • Room in yard for a pool
  • Wood Flooring
  • Built-In Features

About This Home

As of February 2013

Renovated Charming Cape Cod 4bd and 3.75ba- Light and bright with a flexible floor plan. New roof, plumbing, baths and kitchen. Features high ceilings, hardwood floors, skylights, wainscoting and tons of closet space. Living room with fireplace, vaulted beamed ceilings with French doors leading out to private backyard. Gourmet Cook's kitchen with white mable counters, high ceiling, stainless appliances and walk-in pantry. Versatile floor plan allows for two master suites- upstairs suite features fireplace, tree top views, two closets, vaulted ceiling and luxurious white marble bath with private storage space; lower suite features high ceilings, dual custom closets, marble bath, arched French doors leading out to serene patio. Large grassy backyard with mature trees- very private, flat lot. Desirable canyon location in the Canyon Charter School District. Totally move-in condition.

Last Agent to Sell the Property

Charles Pence

Compass License #00670728 Listed on: 01/07/2013

Compass

Co-Listed By

F. Ron Smith

Compass License #00961954

Last Buyer's Agent

Emil Alexander Schneeman

Berkshire Hathaway HomeServices California Properties License #01200793

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Lot Details

  • 6,913 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture

Interior Spaces

  • 2,367 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • 4 Bathrooms

Outdoor Features

  • Room in yard for a pool
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4408-032-011

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cape Cod
  • Street Number Display: Yes
  • Living Area: 2367
  • Planned Urban Dev: 0
  • Stories: 2
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Stone Tile, Tile
  • Bedrooms: 4
  • Fireplaces: 2
  • Laundry: Garage
  • Maids Room: 1
  • Total Bathrooms: 3.75
  • Equipment: Built-Ins, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1161.39

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Room For
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Attached, Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4408-032-011
  • Geocode Override: No
  • Lot Size Area: 6913

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2013
Closed on
Jan 17, 2013
Sold by
Gilfenbain Stuart and Gilfenbain Marianne
Bought by
Cook Dena
Seller's Agent
Charles Pence
Compass
Buyer's Agent
Emil Alexander Schneeman
Berkshire Hathaway HomeServices California Properties
List Price
$2,749,000
Sold Price
$2,740,000
Premium/Discount to List
-$9,000
-0.33%
Current Estimated Value
$4,664,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,924,511
Avg. Annual Appreciation
4.23%
Original Mortgage
$1,918,000
Outstanding Balance
$1,559,339
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,105,172

Purchase Details

Closed on
Jan 30, 2004
Sold by
Lewis Richard J
Bought by
Gilfenbain Stuart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cook Dena $2,740,000 Chicago Title Company
Gilfenbain Stuart $1,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Dena $1,918,000
Previous Owner Gilfenbain Stuart $1,000,000
Closed Gilfenbain Stuart $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2013 02/26/13 Sold $2,740,000 -0.3% $1,158 / Sq Ft
01/11/2013 01/11/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $2,749,000 -- $1,161 / 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 $39,997 $3,374,104 $2,181,594 $1,192,510
2024 $39,997 $3,307,946 $2,138,818 $1,169,128
2023 $39,213 $3,243,085 $2,096,881 $1,146,204
2022 $37,371 $3,179,496 $2,055,766 $1,123,730
2021 $36,926 $3,117,154 $2,015,457 $1,101,697
2019 $35,808 $3,024,699 $1,955,678 $1,069,021
2018 $35,692 $2,965,392 $1,917,332 $1,048,060
2016 $34,160 $2,850,244 $1,842,881 $1,007,363
2015 $33,654 $2,807,432 $1,815,200 $992,232
2014 $33,746 $2,752,439 $1,779,643 $972,796
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-643533

The MLS

APN: 4408-032-011