NOT LISTED FOR SALE

Estimated Value: $3,107,000 - $4,246,000

2 Beds
2 Baths
1,512 Sq Ft
$2,388/Sq Ft Est. Value

Last Sold January 18, 2013

Last sale price $1,392,500 $921 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $20,696/month

36 Days on Market

Highlights

  • View of Trees or Woods
  • No HOA
  • Living Room
  • Pacific Elementary School Rated A
  • Galley Kitchen
  • Central Heating

About This Home

As of January 2013

This home is perched on a higher spot of the hill and offers Santa Monica Mountain and city light views. The tax roll states two bedrooms but there is third bedroom (not sure if permitted). Home features both living room and a family room/den with fireplace. Kitchen opens to living room, separate laundry room. Home has both front and rear yards. Potential for ocean views with build (buyer/buyer's agent to verify). This 5,200 square foot street to alley lot is located walking distance to American Martyrs and Pacific schools, downtown, shopping, restaurants, Live Oak Park and yes ... the beach! Property has been tenant occupied past several years. Being sold as is and as disclosed, no repairs, no termite. Live now, build later. See Agent's Notes below.

Last Agent to Sell the Property

Denise Lavell

RE/MAX Estate Properties License #01331448 Listed on: 10/16/2012

RE/MAX Estate Properties

Last Buyer's Agent

Darin DeRenzis

Vista Sotheby’s International Realty License #01760239

Vista Sotheby’s International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 5,220 Sq Ft Lot
  • Property fronts an alley
  • Back Yard

Parking

  • 1 Car Garage

Property Views

  • Woods
  • Neighborhood

Interior Spaces

  • 1,512 Sq Ft Home
  • Family Room
  • Living Room
  • Den with Fireplace
  • Galley Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Suburban Location
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 1272
  • Assessor Parcel Number 4171025009

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4171025009
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1512.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Den
  • Levels: One
  • Price Per Square Foot: 920.97
  • Room Type: Family Room, Galley Kitchen, Living Room

Exterior Features

  • View: Neighborhood, Trees/Woods
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5220.00
  • Lot Size Acres: 0.1200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5220.0000 Square Feet

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 1272

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2012
Closed on
Nov 28, 2012
Sold by
Womble Eloise T and The Eloise T Womble Trust
Bought by
Massoudian Bobby and Massoudian Katrin
Seller's Agent
Denise Lavell
RE/MAX Estate Properties
Buyer's Agent
Darin DeRenzis
Vista Sotheby’s International Realty
List Price
$1,500,000
Sold Price
$1,392,500
Premium/Discount to List
-$107,500
-7.17%
Current Estimated Value
$3,611,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,218,868
Avg. Annual Appreciation
7.62%
Original Mortgage
$1,100,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 4, 2012
Sold by
Womble Eloise T
Bought by
Womble Eloise T and The Eloise T Womble Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2012
Sold by
Womble Eloise T and The Eloise T Womble Trust
Bought by
Womble Eloise T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2008
Sold by
Womble Eloise T
Bought by
Womble Eloise T and Eloise T Womble Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2008
Sold by
Tarrin Denis L and Womble Eloise T
Bought by
Tarrin Denis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2008
Sold by
Tarrin Denis L
Bought by
Tarrin Dennis L and The Denis L Tarrin Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2007
Sold by
Tarrin Denis L and Womble Eloise T
Bought by
Tarrin Denis L and Womble Eloise T

Purchase Details

Closed on
Aug 15, 2001
Sold by
Tarrin Elinor L and The Ernest & Elinor Tarrin Fam
Bought by
Tarrin Elinor L and The Ernest J & Elinor L Tarrin Family Tr

Purchase Details

Closed on
Apr 9, 1993
Sold by
Tarrin Ernest J and Tarrin Elinor L
Bought by
Tarrin Ernest J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Massoudian Bobby $1,392,500 Pacific Coast Title Company
Womble Eloise T -- Accommodation
Womble Eloise T -- Lawyers Title
Womble Eloise T -- None Available
Tarrin Denis L -- Lawyers Title
Tarrin Denis L -- Lawyers Title
Tarrin Dennis L -- None Available
Tarrin Denis L -- None Available
Tarrin Elinor L -- --
Tarrin Ernest J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Massoudian Bobby $0
Open Massoudian Bobby $1,934,000
Closed Massoudian Bobby $200,000
Closed Massoudian Bobby $1,410,000
Closed Massoudian Bobby $302,875
Previous Owner Massoudian Bobby $1,100,000
Previous Owner Womble Eloise T $417,000
Previous Owner Tarrin Denis L $360,000
Previous Owner Tarrin Ernest J $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2013 01/18/13 Sold $1,392,500 -2.3% $921 / Sq Ft
11/21/2012 11/21/12 Pending -- -- --
10/26/2012 10/26/12 Price Changed $1,425,000 -5.0% $942 / Sq Ft
10/16/2012 10/16/12 For Sale $1,500,000 -- $992 / 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 $21,742 $1,919,326 $1,371,803 $547,523
2024 $21,742 $1,881,693 $1,344,905 $536,788
2023 $21,149 $1,844,798 $1,318,535 $526,263
2022 $20,786 $1,808,627 $1,292,682 $515,945
2021 $20,432 $1,773,165 $1,267,336 $505,829
2019 $17,772 $1,537,183 $1,229,748 $307,435
2018 $17,401 $1,507,043 $1,205,636 $301,407
2016 $16,141 $1,448,525 $1,158,821 $289,704
2015 $15,807 $1,426,768 $1,141,415 $285,353
2014 $15,587 $1,398,821 $1,119,057 $279,764
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB12128540

California Regional Multiple Listing Service (CRMLS)

APN: 4171-025-009