$8,482,000
SOLD NOV 13, 2020

645 Adelaide Dr Santa Monica, CA 90402

7 Beds
6 Baths
5,345 Sq Ft
9,898 Sq Ft Lot

Recently Sold

$1,587 Per Sq Ft

13% Below List Price

55 Days on Market

Highlights

  • Ocean View
  • Dining Room with Fireplace
  • No HOA
  • In Ground Pool
  • Wood Flooring
  • Home Gym

About This Home

As of November 2020

Situated on one of Santa Monica's most exclusive streets, this Spanish-style residence captures sweeping canyon, coastline, ocean and mountain views. Pass through the gated motor court and mission-style doors to the landscaped entry courtyard, where arched front doors lead to the light, bright interiors. Showcasing a blend of traditional craftsmanship and contemporary detail, living areas include a remodeled kitchen with Viking appliances and an adjacent dining area that opens to the family room through a brick accent wall with see-through fireplace. Folding glass doors open to the zero-edge pool, spa, bar, dining terrace, BBQ and fire pit lounge. The 5,345-sq. ft. residence boasts 7 bedroom suites, including a stunning master with private veranda, dressing room and wet room with soaking tub. Features include a rooftop garden terrace, media room, office, fitness studio, security system and 2-car garage, located moments from Santa Monica's best beaches, shopping and dining.

Last Agent to Sell the Property

Branden Williams

The Beverly Hills Estates License #01774287 Listed on: 09/08/2020

The Beverly Hills Estates

Co-Listed By

Sandro Dazzan

The Agency License #01418033

Last Buyer's Agent

Bjorn Farrugia

Carolwood Estates License #01864250

Carolwood Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $108,525

Year Built

  • Built in 1960

Lot Details

  • 9,898 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Canyon
  • Mountain

Home Design

  • Villa

Interior Spaces

  • 5,345 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room
  • Living Room
  • Dining Room with Fireplace
  • Den with Fireplace
  • Home Gym
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms

Pool

  • In Ground Pool
  • Spa

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 4410-001-051

Home Details

Home Type

Single Family

Est. Annual Taxes

$108,525

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Villa
  • Street Number Display: Yes
  • Living Area: 5345
  • Lot Acreage: 0.2270
  • Stories: 2
  • Year Built: 1960
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Dining
  • Flooring: Carpet, Hardwood, Stone
  • Bedrooms: 7
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Freezer, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 1832.55

Exterior Features

  • Other Structures: None
  • Pool Description: Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: Canyon, Mountains, Ocean, Tree Top
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4410-001-051
  • Lot Size Area: 9898

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Oct 21, 2020
Sold by
Bremen Noah and The Team Trust
Bought by
Hinchman Brook David and Kagel Tamara Shayne
Seller's Agent
Branden Williams
The Beverly Hills Estates
Buyer's Agent
Bjorn Farrugia
Carolwood Estates
List Price
$9,795,000
Sold Price
$8,482,000
Premium/Discount to List
-$1,313,000
-13.4%
Current Estimated Value
$8,515,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,729
Avg. Annual Appreciation
1.30%
Original Mortgage
$5,513,300
Outstanding Balance
$4,902,473
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$4,107,725

Purchase Details

Closed on
Aug 18, 2015
Sold by
Bremen Adam
Bought by
Bremen Noah and Team Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,900,000
Interest Rate
3.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 11, 2013
Closed on
Mar 15, 2013
Sold by
Culotti Gary
Bought by
Bremen Adam and The Team Trust
Seller's Agent
Loraine Silver
Compass
Buyer's Agent
Rayni Williams
The Beverly Hills Estates
List Price
$6,999,000
Sold Price
$6,475,000
Premium/Discount to List
-$524,000
-7.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.74%
Original Mortgage
$4,208,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2007
Sold by
S Kumara Llc
Bought by
Culotti Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
7.73%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 13, 2007
Sold by
Culotti Elaine
Bought by
Culotti Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
7.73%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 9, 2003
Sold by
Sussman Peter and Hartt Heather
Bought by
S Kumara Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,380,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 1995
Sold by
Sussman Peter
Bought by
Sussman Peter and Harit Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,194,000
Interest Rate
7.67%

Purchase Details

Closed on
Oct 16, 1995
Sold by
Redeker William
Bought by
Sussman Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,194,000
Interest Rate
7.67%

Purchase Details

Closed on
Sep 12, 1995
Sold by
Hartt Heather
Bought by
Sussman Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,194,000
Interest Rate
7.67%

Purchase Details

Closed on
Jan 5, 1994
Sold by
Goldman Ronald and Goldman Barbara
Bought by
Redeker William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
4.62%

Purchase Details

Closed on
Nov 12, 1993
Sold by
Goldman Ronald and Goldman Barbara
Bought by
Goldman Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
4.62%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $8,482,000 Commonwealth Land Title Co
Interfamily Deed Transfer -- Accommodation
Grant Deed $6,475,064 Equity Title Company
Grant Deed -- Equity Title Company
Interfamily Deed Transfer -- Equity Title Company
Grant Deed -- Equity Title
Gift Deed -- Guaranty Title
Individual Deed $1,592,000 Guardian Title Company
Quit Claim Deed -- Guardian Title Company
Grant Deed -- Equity Title
Individual Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,225,000 Credit Line Revolving
Closed $1,225,000 Credit Line Revolving
Open $5,513,300 New Conventional
Previous Owner $3,900,000 Adjustable Rate Mortgage/ARM
Previous Owner $4,208,750 New Conventional
Previous Owner $1,020,000 Unknown
Previous Owner $3,000,000 Negative Amortization
Previous Owner $3,000,000 Negative Amortization
Previous Owner $2,380,000 Purchase Money Mortgage
Previous Owner $1,690,000 Unknown
Previous Owner $200,000 Credit Line Revolving
Previous Owner $1,400,000 Unknown
Previous Owner $1,194,000 No Value Available
Previous Owner $1,050,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $8,482,000 -13.4% $1,587 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $9,795,000 +51.3% $1,833 / Sq Ft
04/30/2013 04/30/13 Sold $6,475,000 -7.5% $1,211 / Sq Ft
02/11/2013 02/11/13 For Sale $6,999,000 -- $1,309 / 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
2024 $108,525 $9,001,165 $8,489,664 $511,501
2023 $106,385 $8,824,672 $8,323,200 $501,472
2022 $101,376 $8,651,640 $8,160,000 $491,640
2021 $100,259 $8,482,000 $8,000,000 $482,000
2020 $88,070 $7,290,746 $5,629,922 $1,660,824
2019 $84,507 $7,147,791 $5,519,532 $1,628,259
2018 $84,238 $7,007,639 $5,411,306 $1,596,333
2016 $80,620 $6,735,526 $5,201,179 $1,534,347
2015 $79,424 $6,634,353 $5,123,053 $1,511,300
2014 $79,625 $6,504,396 $5,022,700 $1,481,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-629490

The MLS

APN: 4410-001-051