NOT LISTED FOR SALE

Estimated Value: $4,202,222 - $6,515,000

4 Beds
4.5 Baths
4,334 Sq Ft
$1,114/Sq Ft Est. Value

Last Sold May 13, 2015

Last sale price $3,225,000 $744 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $28,932/month

Highlights

  • Ocean View
  • 0.4 Acre Lot
  • Wood Flooring
  • Heated In Ground Pool
  • Living Room with Fireplace
  • 2 Car Attached Garage

About This Home

As of August 2023

Recently Renovated Contemporary residence situated on one of the most secluded streets in the desirable Mount Olympus neighborhood. This Spacious 2-story home features an open-floor plan with real Oak Floors, grand entry foyer, glass staircase and chef's kitchen with custom Italian cabinetry and stainless Thermador appliances. Upstairs you will find 3 generously sized bedrooms, all En-Suite with direct downtown and city views from the substantial primary quarters. Downstairs offers an additional bedroom with private full bath, pre-wired and situated for a potential screening room. Custom Glass-Sliding doors lead you to an entertainer's paradise; featuring a dueling pool and spa, fire pit, and perfect space for Al Fresco dining. This is a perfect home for both entertaining guests or a family looking to live the California Luxury Lifestyle.

Last Agent to Rent the Property

Spencer Daley

Sotheby's International Realty License #02005446 Listed on: 08/10/2023

Sotheby's International Realty

Co-Listed By

Ernie Carswell

Sotheby's International Realty License #01111566

Last Renter's Agent

Spencer Daley

Sotheby's International Realty License #02005446 Listed on: 08/10/2023

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 115x152
  • Property is zoned LARE15

Property Views

  • Ocean
  • City Lights

Interior Spaces

  • 4,334 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Heated In Ground Pool
  • Open Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $27,900
  • Tenant pays for cable TV, electricity, gas, insurance, water, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 5569-007-035

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Rental Info

  • Security Deposit: 27900
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Water, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 4334
  • Lot Acreage: 0.4014
  • Lot Dimensions: 115x152
  • Stories: 2
  • Year Built: 1978
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Carpet
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 5.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Refrigerator, Range/Oven, Washer
  • Price Per S Q F T: 3.22

Exterior Features

  • Pool Description: Heated, In Ground
  • Pool: Yes
  • View: City Lights, City, Ocean
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Garage - 2 Car, Driveway
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 5569-007-035
  • Lot Size Area: 17486

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2015
Closed on
May 7, 2015
Sold by
Irvine Capital Ii Lp
Bought by
Kim Soon Taek
Seller's Agent
Dominic Middono
Real Estate eBroker Inc.
Buyer's Agent
Byung Chin
Choice 100 Realty, Inc.
List Price
$3,499,000
Sold Price
$3,225,000
Premium/Discount to List
-$274,000
-7.83%
Current Estimated Value
$4,826,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,601,806
Avg. Annual Appreciation
3.84%

Purchase Details

Listed on
Feb 5, 2015
Closed on
May 1, 2015
Sold by
Tigges James G
Bought by
Irvine Capital Ii Lp
Seller's Agent
Dominic Middono
Real Estate eBroker Inc.
Buyer's Agent
Byung Chin
Choice 100 Realty, Inc.
List Price
$3,499,000
Sold Price
$3,225,000
Premium/Discount to List
-$274,000
-7.83%

Purchase Details

Listed on
Jun 26, 2013
Closed on
Oct 31, 2013
Sold by
Berger Jerry P
Bought by
Irvine Capital Ii Lp
Seller's Agent
Elayne Ceder
Compass
Buyer's Agent
Dominic Middono
Real Estate eBroker Inc.
List Price
$1,895,000
Sold Price
$1,655,634
Premium/Discount to List
-$239,366
-12.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.44%
Original Mortgage
$400,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kim Soon Taek $3,225,000 Lawyers Title
Irvine Capital Ii Lp -- Lawyers Title
Irvine Capital Ii Lp $1,657,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Irvine Capital Ii Lp $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2023 08/18/23 Rented $13,950 0.0% --
08/18/2023 08/18/23 Under Contract -- -- --
08/10/2023 08/10/23 For Rent $13,950 0.0% --
05/13/2015 05/13/15 Sold $3,225,000 -2.2% $744 / Sq Ft View Prior Sale
05/08/2015 05/08/15 Pending -- -- --
04/15/2015 04/15/15 Price Changed $3,299,000 -2.9% $761 / Sq Ft
03/27/2015 03/27/15 Price Changed $3,399,000 -2.9% $784 / Sq Ft
02/05/2015 02/05/15 For Sale $3,499,000 +111.3% $807 / Sq Ft
11/15/2013 11/15/13 Sold $1,655,634 -8.0% $382 / Sq Ft View Prior Sale
10/15/2013 10/15/13 Pending -- -- --
08/08/2013 08/08/13 Price Changed $1,799,000 -5.1% $415 / Sq Ft
06/26/2013 06/26/13 For Sale $1,895,000 -- $437 / 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 $46,415 $3,875,958 $2,674,112 $1,201,846
2024 $46,415 $3,799,960 $2,621,679 $1,178,281
2023 $45,514 $3,725,452 $2,570,274 $1,155,178
2022 $43,421 $3,652,405 $2,519,877 $1,132,528
2021 $42,897 $3,580,790 $2,470,468 $1,110,322
2019 $41,544 $3,474,585 $2,397,194 $1,077,391
2018 $41,370 $3,406,457 $2,350,191 $1,056,266
2016 $39,550 $3,274,181 $2,258,931 $1,015,250
2015 $20,656 $1,688,678 $917,982 $770,696
2014 $20,722 $1,655,600 $900,000 $755,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-299717

The MLS

APN: 5569-007-035