NOT LISTED FOR SALE

Estimated Value: $6,720,645 - $7,296,000

5 Beds
4.5 Baths
4,100 Sq Ft
$1,720/Sq Ft Est. Value

Last Sold June 01, 2018

Last sale price $4,500,000 $1,098 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $43,021/month

42 Days on Market

Highlights

  • Spa
  • Solar Power System
  • Fireplace in Primary Bedroom
  • Franklin Elementary School Rated A+
  • Gourmet Kitchen
  • Wood Flooring

About This Home

As of June 2018

STUNNING 5 bedroom Villa in coveted North of Montana neighborhood. Beautiful high-end finishes in a perfect floor plan, with Tuscan & Craftsman touches, this move-in ready home has streaming light and rooms opening to lovely outdoor spaces. California living, perfect for warm intimate gatherings and fine entertaining. Gracious living room features fireplace and French doors. Gourmet cook's kitchen with Aga range, granite counters, wine fridge, double dishwashers, and dine-in breakfast bar opens to the sumptuous great room with fireplace and backyard. Enormous Master suite is a serene haven with high ceilings, fireplace and west-facing balcony. Luxurious master bath. Three additional bedrooms upstairs as well as a great flex space perfect as kids play area, teen hangout, library or arts & crafts zone, and one bedroom on main level. Bougainvillea-adorned backyard with fruit trees is an oasis. Situated in desirable Santa Monica School District w/ sidewalks & tree lined streets. Gorgeous!

Last Agent to Sell the Property

Andrea Martin

Engel & Völkers License #01213908 Listed on: 03/13/2018

Last Buyer's Agent

Shaun Alan-lee

Carolwood Estates License #01955694

Carolwood Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,662

Year Built

  • Built in 2006

Lot Details

  • 7,481 Sq Ft Lot
  • Property is zoned SMR1*

Parking

  • 2 Car Detached Garage

Home Design

  • Tuscan Architecture

Interior Spaces

  • 4,100 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Park or Greenbelt Views
  • Alarm System

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4279-026-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,662

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Tuscan
  • Street Number Display: Yes
  • Living Area: 4100
  • Stories: 2
  • Year Built: 2006
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom, Patio
  • Flooring: Carpet, Hardwood, Stone
  • Appliances: Built-Ins, Double Oven, Free Standing Gas, Microwave, Range
  • Bedrooms: 5
  • Fireplaces: 3
  • Full Bathroom: 4
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Kitchen Features: Gourmet Kitchen, Granite Counters, Island, Open to Family Room, Pantry
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Ceiling Fan, Dishwasher, Dryer, Hood Fan, Microwave, Range/Oven, Refrigerator, Solar Panels, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1193.90

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: Yes
  • View: Green Belt
  • View: Yes

Garage/Parking

  • Parking Garage: Detached, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Central, Dual, Multi/Zone
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4279-026-007
  • Geocode Override: No
  • Lot Size Area: 7481

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2018
Closed on
May 22, 2018
Sold by
Karba Gerhard and Karba Elisabeth
Bought by
Kimberlin Cecilia L and Cecilia L Kimberlin Harris Tru
Seller's Agent
Andrea Martin
Engel & Völkers
Buyer's Agent
Shaun Alan-lee
Carolwood Estates
List Price
$4,895,000
Sold Price
$4,500,000
Premium/Discount to List
-$395,000
-8.07%
Current Estimated Value
$7,052,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,552,911
Avg. Annual Appreciation
6.09%

Purchase Details

Closed on
May 15, 2007
Sold by
Ogburn Charles Ralph and Ogburn Merrilly Kaye
Bought by
Karba Gerhard and Karba Elisabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
6.21%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 16, 2006
Sold by
Pacific Avenue Angels Partners Llc
Bought by
Ogburn Charles Ralph and Ogburn Merrilly Kaye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2004
Sold by
Lee Sharon J Town
Bought by
Lee Kyungje John

Purchase Details

Closed on
Jul 19, 2004
Sold by
Fayyad Farimah
Bought by
Lee Kyungje John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.95%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 11, 2002
Sold by
Schobert Michael Peter and Schobert Stacey Hines
Bought by
Fayyad Farimah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,000
Interest Rate
5.35%

Purchase Details

Closed on
Mar 2, 2000
Sold by
Peloquin Sandra M and Bates Ronald R
Bought by
Schobert Michael Peter and Schobert Stacey Hines

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$719,200
Interest Rate
8.37%

Purchase Details

Closed on
Jan 23, 1999
Sold by
Peloquin Sandra M and Bates Ronald R
Bought by
Peloquin Sandra M and Bates Ronald R

Purchase Details

Closed on
Jul 30, 1995
Sold by
Bates Rexford H
Bought by
Bates Rexford H and The Rexford H Bates Trust
Source: Public Records

Range of Values:

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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
Kimberlin Cecilia L $4,500,000 First American Title Company
Karba Gerhard $3,750,000 Equity Title Company
Ogburn Charles Ralph $3,695,000 Equity Title Company
Lee Kyungje John -- Equity Title Company
Lee Kyungje John $1,550,000 Equity Title Company
Fayyad Farimah $1,145,000 Southland Title Company
Schobert Michael Peter $899,000 Equity Title Company
Peloquin Sandra M -- --
Bates Rexford H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karba Gerhard $450,000
Previous Owner Karba Gerhard $623,750
Previous Owner Karba Gerhard $1,400,000
Previous Owner Karba Gerhard $1,765,000
Previous Owner Ogburn Charles Ralph $2,400,000
Previous Owner Fayyad Farimah $200,000
Previous Owner Lee Kyungje John $1,000,000
Previous Owner Fayyad Farimah $910,000
Previous Owner Fayyad Farimah $745,000
Previous Owner Schobert Michael Peter $731,000
Previous Owner Schobert Michael Peter $720,000
Previous Owner Schobert Michael Peter $719,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2018 06/01/18 Sold $4,500,000 -8.1% $1,098 / Sq Ft
03/13/2018 03/13/18 For Sale $4,895,000 0.0% $1,194 / Sq Ft
05/27/2015 05/27/15 Rented $16,900 -1.5% --
05/09/2015 05/09/15 Under Contract -- -- --
03/31/2015 03/31/15 For Rent $17,150 +3.0% --
03/05/2014 03/05/14 Rented $16,650 -7.5% --
03/05/2014 03/05/14 Under Contract -- -- --
01/26/2014 01/26/14 For Rent $18,000 +9.1% --
12/20/2012 12/20/12 Rented $16,500 -8.3% --
12/20/2012 12/20/12 Under Contract -- -- --
07/14/2012 07/14/12 For Rent $18,000 0.0% --
06/15/2012 06/15/12 Rented $18,000 0.0% --
06/15/2012 06/15/12 Under Contract -- -- --
06/10/2012 06/10/12 For Rent $18,000 -- --
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 $58,662 $5,120,229 $4,551,316 $568,913
2024 $58,662 $5,019,833 $4,462,075 $557,758
2023 $57,725 $4,921,406 $4,374,584 $546,822
2022 $57,042 $4,824,908 $4,288,808 $536,100
2021 $55,714 $4,730,303 $4,204,714 $525,589
2020 $55,342 $4,681,800 $4,161,600 $520,200
2019 $54,802 $4,590,000 $4,080,000 $510,000
2018 $50,468 $4,415,610 $2,649,366 $1,766,244
2016 $48,719 $4,244,148 $2,546,489 $1,697,659
2015 $48,092 $4,180,398 $2,508,239 $1,672,159
2014 $47,360 $4,098,511 $2,459,107 $1,639,404
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-312042

The MLS

APN: 4279-026-007