NOT LISTED FOR SALE

Estimated Value: $2,251,000 - $4,285,000

5 Beds
4.5 Baths
3,369 Sq Ft
$1,010/Sq Ft Est. Value

Last Sold April 10, 2023

Last sale price $3,625,000 $1,076 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $22,263/month

13 Days on Market

Highlights

  • Heated In Ground Pool
  • Engineered Wood Flooring
  • Home Office
  • Contemporary Architecture
  • No HOA
  • Walk-In Pantry

About This Home

As of April 2023

Discover luxury living in the heart of the highly sought after Sycamore/Media District. This stunning, new 4-bedroom, 3.5-bathroom contemporary Mediterranean home with a 1bd/1ba ADU is hands down one of the best layouts on the market. Enter through the gated and private entry to find a beautiful home with character and charm in every detail. The main level features a gourmet kitchen with custom cabinetry and state-of-the-art appliances all open to a family entertainment area with direct access to the backyard. Additionally, there is a separate formal living room with vaulted beamed ceiling and fireplace, private office and laundry room. Completing this level is a highly desirable '1st floor' Primary bedroom with spa-like bathroom. Upstairs, you will find 3 spacious bedrooms and 2 bathrooms and a study nook. Enjoy outdoor living with a sparkling pool/spa, al fresco dining area, and conversation/lounge seating all directly accessed from the kitchen/family and primary bedroom. The ADU has a huge, vaulted ceiling, kitchenette, and bathroom. This exceptional home is brought to you by Jackson Partners Development and is the perfect blend of luxury and location with great access to restaurants, shopping, and services. Don't miss this opportunity to own a piece of paradise.

Last Agent to Sell the Property

Robert Grandinetti

Compass License #01370571 Listed on: 03/06/2023

Compass

Last Buyer's Agent

Ray Lyon

Compass License #01875162

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,718

Year Built

  • Built in 1924

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Property is zoned LAR1

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,369 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Home Office

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Auto Driveway Gate

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Additional Homes

  • Accessory Dwelling Unit (ADU)

Utilities

  • Zoned Heating and Cooling
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5524-014-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,718

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Living Area: 3369
  • Lot Acreage: 0.1377
  • Lot Dimensions: 50x120
  • Stories: 2
  • Year Built: 1924
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Gas
  • Flooring: Engineered Hardwood, Tile, Hardwood
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Hood Fan, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1075.99

Exterior Features

  • Other Structures: Accessory Dwelling Unit
  • Pool Description: In Ground, Heated
  • Pool: Yes
  • Spa: In Ground, Heated
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Parking Garage: Driveway Gate
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central, Multi/Zone, Wall Unit(s)
  • Heating: Central, Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5524-014-006
  • Lot Size Area: 6000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Mar 28, 2023
Sold by
Gerstein Adam Craig
Bought by
Blair Elizabeth Nelson Revocable Trust
Seller's Agent
Robert Grandinetti
Compass
Buyer's Agent
Ray Lyon
Compass
List Price
$3,625,000
Sold Price
$3,625,000
Views
115
Current Estimated Value
$3,401,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$223,240
Avg. Annual Appreciation
-1.85%
Original Mortgage
$2,537,500
Outstanding Balance
$2,468,345
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$1,000,063

Purchase Details

Closed on
Jun 21, 2021
Sold by
Martin Patricia R
Bought by
Gerstein Adam Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2003
Sold by
Martin Ricardo M and Martin Patricia R
Bought by
Martin Ricardo M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
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
Blair Elizabeth Nelson Revocable Trust $3,625,000 Consumers Title Company
Gerstein Adam Craig -- Consumers Title Company
Gerstein Adam Craig $1,500,000 Stewart Title Of Ca Inc
Martin Ricardo M -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blair Elizabeth Nelson Revocable Trust $2,537,500
Previous Owner Gerstein Adam Craig $1,200,000
Previous Owner Martin Ricardo M $243,000
Previous Owner Martin Richards M $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $3,625,000 0.0% $1,076 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $3,625,000 -- $1,076 / 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 $44,718 $3,771,450 $2,496,960 $1,274,490
2024 $44,718 $3,697,500 $2,448,000 $1,249,500
2023 $18,714 $1,530,000 $1,224,000 $306,000
2022 $17,845 $1,500,000 $1,200,000 $300,000
2021 $7,442 $603,797 $322,930 $280,867
2020 $7,515 $597,607 $319,619 $277,988
2019 $7,223 $585,890 $313,352 $272,538
2018 $7,129 $574,403 $307,208 $267,195
2016 $6,813 $552,100 $295,280 $256,820
2015 $6,715 $543,808 $290,845 $252,963
2014 $6,744 $533,156 $285,148 $248,008
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-245373

The MLS

APN: 5524-014-006