NOT LISTED FOR SALE

Estimated Value: $3,252,000 - $5,518,000

5 Beds
6 Baths
5,650 Sq Ft
$731/Sq Ft Est. Value

Last Sold October 22, 2013

Last sale price $2,350,000 $416 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $25,190/month

97 Days on Market

Highlights

  • Ocean View
  • Spa
  • Family Room with Fireplace
  • Kentwood Elementary Rated A-
  • Auto Driveway Gate
  • Wood Flooring

About This Home

As of October 2013

HUGE REDUCTION! MOTIVATED SELLERS! Truly a hidden jewel and one of the Crowns of Playa del Rey. Discover what it's like to live in a dream home. The striking views captures LA's natural beauty from the commanding ocean to the protected wetlands complimented by the serene marina. At night, gaze out as the sun sets over the mountains and watch the city sparkle. This multi-level home is accentuated by craftsmanship of gleaming hardwood floors, stunning interior designs and the ideal floor plan. The expansive master suite provides an enchantment of glass walls, high ceilings, brilliance of natural lights and a spa like bathroom. Gatsby himself would have felt at home in this palatial setting. In this story an entire chapter would have been dedicated to the remarkable kitchen. It's a masterpiece for any cook with its massive island, superior appliances and vast granite countertops. Inviting living spaces, an executive office and the breathtaking outdoor deck command admiration.

Last Agent to Sell the Property

James Suarez

Real Broker License #01433992 Listed on: 05/03/2013

Real Broker

Co-Listed By

Ron Fineman

Berkshire Hathaway HomeServices California Properties License #01377013

Last Buyer's Agent

Wendy Kirshner

Douglas Elliman of California, Inc. License #01317026

Douglas Elliman of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,301

Year Built

  • Built in 2006

Lot Details

  • 5,671 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • Ocean
  • Marina
  • Coastline
  • City Lights
  • Mountain
  • Hills
  • Park or Greenbelt

Home Design

  • Tuscan Architecture
  • Tile Roof

Interior Spaces

  • 5,650 Sq Ft Home
  • Elevator
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Family Room with Fireplace
  • Living Room
  • Dining Area
  • Den
  • Bonus Room
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • Walk-In Closet
  • Powder Room
  • 6 Bathrooms
  • Spa Bath

Parking

  • Garage
  • Driveway
  • Auto Driveway Gate

Outdoor Features

  • Spa
  • Open Patio
  • Built-In Barbecue

Utilities

  • Zoned Heating and Cooling

Community Details

  • Billiard Room

Listing and Financial Details

  • Assessor Parcel Number 4114-002-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,301

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: 5650
  • Year Built: 2006
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Family Room, Master Retreat
  • Flooring: Carpet, Hardwood, Mixed, Travertine, Wood
  • Appliances: Built-In BBQ
  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Laundry Area
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Ceiling Fan, Dishwasher, Elevator
  • Price Per S Q F T: 433.45

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Tile
  • Spa: Bath Tub, Hot Tub
  • Spa Yn: Yes
  • View: City Lights, Coastline, Green Belt, Hills, Marina, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Driveway Gate, Garage, Gated

Utilities

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

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4114-002-018
  • Geocode Override: No
  • Lot Size Area: 5671

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2013
Closed on
Aug 29, 2013
Sold by
Devito David S
Bought by
Shellock Frank G and Shellock Jaana K M
Seller's Agent
James Suarez
Real Broker
Buyer's Agent
Wendy Kirshner
Douglas Elliman of California, Inc.
List Price
$2,599,000
Sold Price
$2,350,000
Premium/Discount to List
-$249,000
-9.58%
Current Estimated Value
$4,130,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,780,406
Avg. Annual Appreciation
4.86%
Original Mortgage
$1,350,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2005
Sold by
7751 Veragua Associates Llc
Bought by
Devito David S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 30, 2004
Sold by
Tirosh Abram Avi and Tirosh Sarah Amozeg
Bought by
Damian Flamey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,473,389
Interest Rate
6.12%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 18, 2002
Sold by
Schanbacher June H and The W/J Schanbacher Living Tru
Bought by
Tirosh Abram Avi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 1996
Sold by
Bill & J Schanbacher Trust
Bought by
Schanbacher June H
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
Shellock Frank G $2,350,000 Equity Title Company
Devito David S -- Stewart Title
Damian Flamey $693,000 Stewart Title Of California
Tirosh Abram Avi $972,000 Equity Title Company
Schanbacher June H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shellock Frank G $750,000
Closed Shellock Frank G $1,058,300
Previous Owner Shellock Frank G $1,350,000
Previous Owner Devito David S $1,484,200
Previous Owner Devito David S $1,500,000
Previous Owner Devito David S $1,500,000
Previous Owner Devito David S $1,320,000
Previous Owner Devito David S $1,500,000
Previous Owner Damian Flamey $1,473,389
Previous Owner Tirosh Abram Avi $186,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2013 10/22/13 Sold $2,350,000 -4.0% $416 / Sq Ft
08/08/2013 08/08/13 Pending -- -- --
07/13/2013 07/13/13 Price Changed $2,449,000 -5.8% $433 / Sq Ft
05/03/2013 05/03/13 For Sale $2,599,000 -- $460 / 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 $34,301 $2,880,769 $2,329,135 $551,634
2024 $34,301 $2,824,284 $2,283,466 $540,818
2023 $33,632 $2,768,907 $2,238,693 $530,214
2022 $32,058 $2,714,616 $2,194,798 $519,818
2021 $31,662 $2,661,389 $2,151,763 $509,626
2019 $30,706 $2,582,453 $2,087,942 $494,511
2018 $30,587 $2,531,817 $2,047,002 $484,815
2016 $29,250 $2,433,505 $1,967,515 $465,990
2015 $28,817 $2,396,953 $1,937,962 $458,991
2014 $28,897 $2,350,000 $1,900,000 $450,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-669817

The MLS

APN: 4114-002-018