NOT LISTED FOR SALE

Estimated Value: $4,119,000 - $10,008,000

5 Beds
4.5 Baths
5,439 Sq Ft
$1,288/Sq Ft Est. Value

Last Sold October 09, 2015

Last sale price $5,177,500 $952 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $43,028/month

310 Days on Market

Highlights

  • Guest House
  • Tennis Courts
  • Filtered Pool
  • Minnie Gant Elementary School Rated A
  • Wine Cellar
  • Primary Bedroom Suite

About This Home

As of October 2015

Premiere Landmark property on one of the largest residential lots along coastal So. Cal. One of a kind, showcase Estate property set on 2.6 acres in the Estate Section of prestigious Park Estates. This unparalleled 5,000+ sq.ft. custom main house of 5 bed, 4.5 baths, epitomizes style & elegant sophistication. With design elements by famed architect Paul Williams, this rich traditional home features formal living room, family room w/ bar & stone fireplace, game room w/ wood beamed ceilings, oak hardwood floors & fireplace...all with windows and walls of glass offering spectacular views outside. The gourmet kitchen includes stainless steel appliances w/ eating area & adjacent formal dining room. The expanded master bedroom suite features cozy fireplace, sitting area, separate walk in closets & remodeled master bathroom. The picturesque & sweeping grounds offer a serene park like setting with lavish trees, curving driveway, swimming pool, lighted tennis court, putting green, & covered party BBQ area. Plus...2 bed, 1 bath remodeled guest house, studio unit, separate mother-in-law quarters, pool house, wine cellar, storage buildings, basement, & 3 or 4 car garage, plus additional parking. Almost 3 acres of beautiful & private gated grounds to entertain & play!

Last Agent to Sell the Property

Mike Trossen

Equity Brokers License #01466702 Listed on: 11/26/2014

Co-Listed By

Ken Trossen

Equity Brokers License #00802751

Last Buyer's Agent

Mike Trossen

Equity Brokers License #01466702 Listed on: 11/26/2014

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 2.61 Acre Lot
  • Security Fence
  • Privacy Fence
  • Sprinkler System
  • Wooded Lot
  • Garden
  • Back and Front Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Circular Driveway
  • Gated Parking

Property Views

  • Panoramic
  • Woods
  • Park or Greenbelt
  • Pool

Home Design

  • Custom Home
  • Traditional Architecture
  • Shake Roof

Interior Spaces

  • 5,439 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Bar
  • Crown Molding
  • Beamed Ceilings
  • Skylights
  • Wood Burning Fireplace
  • Gas Fireplace
  • Bay Window
  • Double Door Entry
  • French Doors
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Game Room with Fireplace
  • Recreation Room
  • Workshop
  • Storage
  • Home Security System
  • Basement

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Double Oven
  • Indoor Grill
  • Gas Range
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • Filtered Pool
  • Heated In Ground Pool

Outdoor Features

  • Tennis Courts
  • Slab Porch or Patio
  • Exterior Lighting
  • Shed
  • Outdoor Grill

Additional Homes

  • Guest House

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Sewer Paid

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 22774
  • Assessor Parcel Number 7240003001

Home Details

Home Type

Single Family

Year Built

Built in 1949 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Security System
  • Subdivision Name Other: Park Estates (PE)
  • View: Yes
  • Architectural Style: Custom Built, Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7240003001
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5439.00
  • Interior Amenities: Bar, Beamed Ceilings, Built-in Features, Crown Molding, Granite Counters, Open Floorplan, Storage
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Area, Dining Room, In Kitchen
  • Fireplace Features: Family Room, Game Room, Gas, Master Bedroom, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 951.92
  • Room Type: Basement, Dressing Area, Family Room, Formal Entry, Guest/Maid's Quarters, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Walk-In Closet, Recreation, Separate Family Room, Wine Cellar, Workshop
  • Window Features: Bay Window(s), Skylight(s)
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House, Storage, Shed(s), Tennis Court Private
  • Exterior Features: Lighting
  • View: Panoramic, Park/Greenbelt, Pool, Trees/Woods
  • Fence: Yes
  • Fencing: Privacy, Security
  • Patio And Porch Features: Slab
  • Pool Features: Filtered, Heated, In Ground
  • Pool Private: Yes
  • Roof: Shake

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Garage, Gated
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Double Oven, Dishwasher, Disposal, Gas Range, Indoor Grill, Microwave, Refrigerator, Warming Drawer
  • Heating Type: Forced Air, Zoned
  • Laundry Features: Gas Dryer Hookup, Inside, Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Back Yard, Front Yard, Garden, Lot Over 40000 Sqft, Sprinkler System, Treed Lot
  • Lot Size Sq Ft: 113471.00
  • Price Per Lot Square Foot: 45.63
  • Lot Size Acres: 2.6050

Multi Family

  • Lease Considered: No
  • Lot Size Area: 113471.0000 Square Feet
  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 22774

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2014
Closed on
Oct 7, 2015
Sold by
Rouse Mitchell and Rouse Alice
Bought by
Sok Kong and Naing Chantha Sok
Seller's Agent
Mike Trossen
Equity Brokers
Buyer's Agent
Mike Trossen
Equity Brokers
List Price
$6,900,000
Sold Price
$5,177,500
Premium/Discount to List
-$1,722,500
-24.96%
Current Estimated Value
$7,005,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,828,086
Avg. Annual Appreciation
3.02%

Purchase Details

Listed on
Nov 26, 2014
Closed on
Sep 29, 2015
Sold by
Naing Sophead
Bought by
Naing Chantha Sok
Seller's Agent
Mike Trossen
Equity Brokers
Buyer's Agent
Mike Trossen
Equity Brokers
List Price
$6,900,000
Sold Price
$5,177,500
Premium/Discount to List
-$1,722,500
-24.96%

Purchase Details

Closed on
Jun 15, 2002
Sold by
Rouse Mitchell S and Rouse Alice
Bought by
Rouse Mitchell and Rouse Alice

Purchase Details

Closed on
May 2, 1997
Sold by
Ridder Daniel H and Ridder Frani C
Bought by
Rouse Mitchell S and Rouse Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,495,000
Interest Rate
5.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sok Kong $5,177,500 Ticor Title
Naing Chantha Sok -- None Available
Sok Kong -- None Available
Rouse Mitchell -- --
Rouse Mitchell S $2,300,000 Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rouse Mitchell S $1,495,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2015 10/09/15 Sold $5,177,500 -12.2% $952 / Sq Ft
10/02/2015 10/02/15 Pending -- -- --
06/30/2015 06/30/15 Price Changed $5,900,000 -14.5% $1,085 / Sq Ft
11/26/2014 11/26/14 For Sale $6,900,000 -- $1,269 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $75,881 $6,129,105 $5,445,466 $683,639
2024 $75,881 $6,008,928 $5,338,693 $670,235
2023 $74,650 $5,891,107 $5,234,013 $657,094
2022 $70,010 $5,775,596 $5,131,386 $644,210
2021 $68,717 $5,662,350 $5,030,771 $631,579
2019 $67,741 $5,494,403 $4,881,556 $612,847
2018 $65,735 $5,386,671 $4,785,840 $600,831
2016 $60,421 $5,177,500 $4,600,000 $577,500
2015 $35,539 $3,116,888 $2,574,825 $542,063
2014 $35,279 $3,055,833 $2,524,388 $531,445
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14249245

California Regional Multiple Listing Service (CRMLS)

APN: 7240-003-001