NOT LISTED FOR SALE

721 16th St Santa Monica, CA 90402

North of Montana Neighborhood

Estimated Value: $4,885,000 - $6,579,000

5 Beds
4.5 Baths
3,555 Sq Ft
$1,577/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $4,200,000 $1,181 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $34,508/month

12 Days on Market

Highlights

  • Home Theater
  • Living Room with Fireplace
  • Spanish Architecture
  • Franklin Elementary School Rated A+
  • Wood Flooring
  • Loft

About This Home

As of July 2022

ONE OF THE BEST VALUE HOMES FOR SALE NORTH OF MONTANA - MOTIVATED SELLER! 1 story Zen-like retreat with 5-bedroom - 3,555SF - Spanish/Adobe details at every turn, highlights include a stunning remodeled kitchen w/high end stainless steel appliances & a built in breakfast nook. A large living room w/ antique stain glass window & formal dining just off the entry make this the perfect home for entertaining. The master gateway features a great walk-in closet, perfect for any shopaholic & one of the most stunning bathrooms that rivals any spa. A stand-alone soaking tub, steam shower, vanity & two sinks with a jaw dropping chandelier floating above. A fun TV room that opens to the center courtyard is the heart of this property. Romantic and private, the outdoor space has a fire pit, grill and tons of space to entertain or just relax & enjoy the SM air. Owned solar panels, a large 2 car garage with an attached large bonus room & a 1/2 bath has endless possibilities.

Last Agent to Sell the Property

Bjorn Farrugia

Carolwood Estates License #01864250 Listed on: 03/10/2022

Carolwood Estates

Co-Listed By

Alphonso Lascano

Carolwood Estates License #01723550

Last Buyer's Agent

Dave White

Sotheby's International Realty License #00701498

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,372

Year Built

  • Built in 1924

Lot Details

  • 7,507 Sq Ft Lot
  • Property is zoned SMR1*

Parking

  • 2 Parking Spaces

Home Design

  • Spanish Architecture

Interior Spaces

  • 3,555 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Theater
  • Loft
  • Bonus Room
  • Intercom

Kitchen

  • Breakfast Room
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling
  • Floor Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4279-025-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,372

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 3555
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Patio
  • Flooring: Hardwood, Mixed, Tile
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Breakfast Nook, Formal Dining Rm
  • Laundry: Laundry Closet Stacked
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Ceiling Fan, Dishwasher, Dryer, Intercom, Microwave, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1096.77

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central, Multi/Zone
  • Heating: Floor Furnace

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4279-025-018
  • Lot Size Area: 7507

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Jun 8, 2022
Sold by
Ryo/Kim Revocable Trust
Bought by
Marianamarisalorenza Llc
Seller's Agent
Bjorn Farrugia
Carolwood Estates
Buyer's Agent
Dave White
Sotheby's International Realty
List Price
$3,899,000
Sold Price
$4,200,000
Premium/Discount to List
$301,000
7.72%
Current Estimated Value
$5,606,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,406,234
Avg. Annual Appreciation
9.57%

Purchase Details

Listed on
Jun 5, 2014
Closed on
Jul 22, 2014
Sold by
Hamilton Peter D and Hamilton Emily N
Bought by
Ryo/Kim Revocable Trust
Seller's Agent
Zan Sacker
Keller Williams Los Angeles
Buyer's Agent
Matthew Jones
Redfin
List Price
$3,349,999
Sold Price
$3,349,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.90%
Original Mortgage
$2,162,400
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 17, 2009
Sold by
Hamilton Peter D and Hamilton Emily N
Bought by
Hamilton Peter D and Hamilton Emily N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2005
Sold by
Hamilton Peter
Bought by
Hamilton Peter D and Hamilton Living Trust

Purchase Details

Closed on
Oct 28, 2003
Sold by
Hamilton Emily
Bought by
Hamilton Peter Durell

Purchase Details

Closed on
Sep 11, 2003
Sold by
Pawl Francis D and Estate Of Laura M Pawl
Bought by
Hamilton Peter Durell
Source: Public Records

Range of Values:

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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
Marianamarisalorenza Llc $4,200,000 Fidelity National Title
Ryo/Kim Revocable Trust $3,350,000 Fidelity
Hamilton Peter D -- Old Republic Title Company
Hamilton Peter D -- Old Republic Title Company
Hamilton Peter D -- --
Hamilton Peter Durell -- Investors Title Company
Hamilton Peter Durell $1,165,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Andrew Jimon $365,000
Previous Owner Ryo/Kim Revocable Trust $2,162,400
Previous Owner Hamilton Peter D $338,000
Previous Owner Hamilton Peter D $345,000
Previous Owner Hamilton Peter D $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $4,200,000 +7.7% $1,181 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $3,899,000 0.0% $1,097 / Sq Ft
10/12/2020 10/12/20 Rented $11,000 -15.4% --
08/27/2020 08/27/20 For Rent $13,000 0.0% --
08/13/2014 08/13/14 Sold $3,349,999 0.0% $942 / Sq Ft
06/05/2014 06/05/14 For Sale $3,349,999 -- $942 / 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 $50,372 $4,369,680 $3,495,744 $873,936
2024 $50,372 $4,284,000 $3,427,200 $856,800
2023 $49,570 $4,200,000 $3,360,000 $840,000
2022 $45,206 $3,793,971 $3,397,590 $396,381
2021 $44,051 $3,719,580 $3,330,971 $388,609
2019 $43,326 $3,609,257 $3,232,173 $377,084
2018 $40,694 $3,538,489 $3,168,798 $369,691
2016 $39,248 $3,401,087 $3,045,750 $355,337
2015 $38,743 $3,350,000 $3,000,000 $350,000
2014 $19,791 $1,671,116 $1,080,961 $590,155
Source: Public Records

Agents Affiliated with this Home

  • Bjorn Farrugia

    Seller's Agent in 2022

    Bjorn Farrugia

    Carolwood Estates

    (310) 998-7175

    53 in this area

    228 Total Sales

    Bjorn Farrugia
    Section Image
  • Alphonso Lascano

    Seller Co-Listing Agent in 2022

    Alphonso Lascano

    Carolwood Estates

    (818) 800-8848

    28 in this area

    172 Total Sales

    Alphonso Lascano
    Section Image
  • Dave White

    Buyer's Agent in 2022

    Dave White

    Sotheby's International Realty

    (818) 292-1503

    3 in this area

    29 Total Sales

    Dave White
    Section Image
  • Amy Wilkes

    Buyer's Agent in 2020

    Amy Wilkes

    Compass

    (310) 980-4406

    5 in this area

    20 Total Sales

    Amy Wilkes
    Section Image
  • Zan Sacker

    Seller's Agent in 2014

    Zan Sacker

    Keller Williams Los Angeles

    (310) 560-1622

    27 Total Sales

    Zan Sacker
    Section Image

  • M

    Buyer's Agent in 2014

    Matthew Jones

    Redfin

See All Agents

Map

Source: The MLS

MLS Number: 22-131773

The MLS

APN: 4279-025-018

California Los Angeles County Santa Monica 90402 North of Montana

721 16th St, Santa Monica, CA

This home is located at 721 16th St, Santa Monica, CA 90402 since 10 March 2022 and is currently estimated at $5,606,234, approximately $1,576 per square foot. This property was built in 1924. 721 16th St is a home located in Los Angeles County with nearby schools including Franklin Elementary School, Lincoln Middle School, and Santa Monica High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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