NOT LISTED FOR SALE

7520 Trask Ave Playa Del Rey, CA 90293

Estimated Value: $1,630,000 - $1,840,000

3 Beds
1.5 Baths
1,600 Sq Ft
$1,085/Sq Ft Est. Value

Last Sold February 22, 2023

Last sale price $1,525,000 $953 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $11,034/month

222 Days on Market

Highlights

  • Hilltop Location
  • No HOA
  • Laundry Room
  • Kentwood Elementary Rated A-
  • Cottage
  • Dining Area

About This Home

As of February 2023

Storybook Home by the Sea! Welcome to the lowest priced home in the exclusive enclave of Playa del Rey. Step on to the original gorgeous hardwood floors and be greeted by the open floor plan. The inviting living room is accented by a cozy fireplace. Guests can dine in the light filled dining area right off the updated kitchen. The kitchen has been updated with custom cabinets and plenty of counter space. This charming Chef's kitchen is accented with used brick and opens to a private deck. Two Bedrooms are overlooking your park-like backyard with lush tree top views. Another generous sized den/family room with quaint entry doors can be used as a wonderful home office. The backyard is perfect for entertaining, evening dining, or morning coffees, as nature abounds with lemon trees and privacy. The separate garage is ideal for a home studio, workspace, or parking. The laundry area is tucked in the first floor with plenty of storage and space for that second refrigerator. This enchanting beach home has character at every turn. Enjoy walks to the beach, bike path and local restaurants. This home also offers close proximity to LAX, Loyola Marymount University, Silicon Beach, SoFi Stadium, and Marina del Rey boating. This West of Pershing location is centrally located for biking or driving to the best of the south bay beaches, shopping or choose to stay and walk just a few blocks to the sand, or local parks.

Last Agent to Sell the Property

Monica Trepany

Playa Realty License #01251369 Listed on: 06/17/2022

Last Buyer's Agent

Stephanie Singletary

Compass License #01726578

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,905

Year Built

  • Built in 1926

Lot Details

  • 5,419 Sq Ft Lot
  • Lot Dimensions are 50x115
  • Hilltop Location
  • Property is zoned LAR1

Home Design

  • Cottage

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Parking Space
  • Driveway

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4117-029-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,905

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Street Number Display: Yes
  • Living Area: 1600
  • Lot Acreage: 0.1244
  • Lot Dimensions: 50x115
  • Stories: 1
  • Year Built: 1926
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Great Room
  • Flooring: Mixed
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Fireplace: Yes
  • Price Per S Q F T: 937.50

Exterior Features

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

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 1

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Coastal Commission, Rent Control
  • Assessor Parcel Number: 4117-029-019
  • Lot Location: Hilltop
  • Lot Size Area: 5419

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jan 3, 2023
Sold by
Mercer-Sherman Family Trust
Bought by
Bakar Fahim and Jamil Rashida
Seller's Agent
Monica Trepany
Playa Realty
Buyer's Agent
Stephanie Singletary
Compass
List Price
$1,500,000
Sold Price
$1,525,000
Premium/Discount to List
$25,000
1.67%
Views
37
Current Estimated Value
$1,735,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,905
Avg. Annual Appreciation
5.52%
Original Mortgage
$1,220,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2019
Sold by
Sherman Steven W and Mercer Diana L
Bought by
Mercer Sherman Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2005
Sold by
Sherman Steven W and Mercer Diana L
Bought by
Sherman Steve and Mercer Diana

Purchase Details

Closed on
Oct 26, 2004
Sold by
Eustice Richard A and Hall Donric A
Bought by
Sherman Steven W and Mercer Diana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2003
Sold by
Eustice Richard A and Hall Donric A
Bought by
Eustice Richard A and Hall Donric A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 1999
Sold by
Mccarthy Cynthia A
Bought by
Eustice Richard A and Hall Donric A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.87%

Purchase Details

Closed on
Jun 3, 1994
Sold by
Mccarthy Cynthia A
Bought by
Mccarthy Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.35%

Purchase Details

Closed on
Aug 25, 1993
Sold by
Mccarthy Patrick A
Bought by
Mccarthy Cynthia A
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
Bakar Fahim $1,525,000 Wfg National Title
Mercer Sherman Family Trust -- First American Title Company
Sherman Steve W -- First American Title Company
Sherman Steve -- --
Sherman Steven W $880,000 Equity Title Company
Eustice Richard A -- Southland Title Corporation
Eustice Richard A $400,000 Southland Title Corporation
Mccarthy Cynthia A -- First American Title Ins Co
Mccarthy Cynthia A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bakar Fahim $1,220,000
Previous Owner Sherman Steve W $500,000
Previous Owner Sherman Steven W $616,000
Previous Owner Eustice Richard A $316,000
Previous Owner Eustice Richard A $302,000
Previous Owner Eustice Richard A $305,000
Previous Owner Eustice Richard A $308,000
Previous Owner Eustice Richard A $309,000
Previous Owner Eustice Richard A $310,000
Previous Owner Eustice Richard A $320,000
Previous Owner Mccarthy Cynthia A $36,700
Previous Owner Mccarthy Cynthia A $100,000
Closed Sherman Steven W $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Sold $1,525,000 +1.7% $953 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $1,500,000 0.0% $938 / Sq Ft
12/24/2022 12/24/22 Pending -- -- --
12/09/2022 12/09/22 Price Changed $1,500,000 -6.2% $938 / Sq Ft
11/01/2022 11/01/22 Price Changed $1,599,000 0.0% $999 / Sq Ft
11/01/2022 11/01/22 For Sale $1,599,000 +4.9% $999 / Sq Ft
10/22/2022 10/22/22 Off Market $1,525,000 -- --
10/22/2022 10/22/22 For Sale $1,650,000 +8.2% $1,031 / Sq Ft
09/21/2022 09/21/22 Off Market $1,525,000 -- --
08/12/2022 08/12/22 Price Changed $1,650,000 -2.9% $1,031 / Sq Ft
06/17/2022 06/17/22 For Sale $1,700,000 -- $1,063 / 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 $18,905 $1,586,610 $1,269,288 $317,322
2024 $18,905 $1,555,500 $1,244,400 $311,100
2023 $14,304 $1,178,999 $1,018,233 $160,766
2022 $13,637 $1,155,882 $998,268 $157,614
2021 $13,468 $1,133,219 $978,695 $154,524
2020 $13,607 $1,121,600 $968,660 $152,940
2019 $13,061 $1,099,609 $949,667 $149,942
2018 $12,972 $1,078,049 $931,047 $147,002
2016 $12,407 $1,036,190 $894,895 $141,295
2015 $12,223 $1,020,626 $881,453 $139,173
2014 $12,262 $1,000,634 $864,187 $136,447
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-161855

The MLS

APN: 4117-029-019