NOT LISTED FOR SALE

Estimated Value: $7,245,694 - $8,524,000

5 Beds
6 Baths
4,722 Sq Ft
$1,672/Sq Ft Est. Value

Last Sold December 11, 2015

Last sale price $4,275,000 $905 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $45,709/month

35 Days on Market

Highlights

  • Ocean View
  • Wine Cellar
  • Spa
  • Opal Robinson Elementary School Rated A
  • Home Theater
  • Primary Bedroom Suite

About This Home

As of December 2015

This gorgeous Cape Cod styled home echoes a traditional Martha's Vineyard coastal estate property, yet is located right here in our very own, coveted Hill Section. It sits on an ultra-wide SW facing corner lot; just a short walk from the beach, downtown MB and top schools. The fully-wired, 5 bedroom, 4 full- and 2 half-bath home’s ocean views & amazing natural light will take your breath away! As will its family-friendly layout, options for formal & casual entertaining, & no-expenses-spared details like radiant heating, 4 marble fireplaces, gorgeous moldings & gleaming wide-plank hardwood floors. The main level features a dream chef’s kitchen with Viking appliances, breakfast nook, butler’s pantry, and French doors to stone patio. Open to the kitchen is the stylish family room, & down the hall is the stunning formal living room & sun-filled office. Upstairs, all bedrooms are spacious and bright, including the Master Suite with fireplace, walk-in closet, and designer bathroom. Watch the sunset from the window-filled den or the large balcony, or read a book in the serene living room with fireplace. The surprisingly bright lower level is made for fun, with the latest in home theater technology, stadium seating, wet bar and huge wine cellar/tasting room!

Last Agent to Sell the Property

David Caskey

eXp Realty of California Inc License #01198999 Listed on: 09/17/2015

eXp Realty of California Inc

Last Buyer's Agent

Darrin O'Hanlon

Pacifica Properties Group, Inc. License #01411186

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 4,993 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Gentle Sloping Lot
  • Lawn
  • Front Yard

Parking

  • 3 Car Direct Access Garage
  • Parking Available

Home Design

  • Cape Cod Architecture
  • Composition Roof

Interior Spaces

  • 4,722 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Dry Bar
  • Chair Railings
  • Crown Molding
  • Wainscoting
  • Beamed Ceilings
  • Coffered Ceiling
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Plantation Shutters
  • Custom Window Coverings
  • French Doors
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Recreation Room
  • Storage
  • Laundry Room
  • Utility Room
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Range Hood
  • Warming Drawer
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Spa Bath

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Ocean Side of Highway 1
  • Deck
  • Stone Porch or Patio

Utilities

  • Radiant Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 8 / 8
  • Tax Tract Number 3393
  • Assessor Parcel Number 4169012014

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4169012014
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4722.00
  • Interior Amenities: Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Chair Railings, Coffered Ceiling(s), Crown Molding, Wired for Data, Dry Bar, Granite Counters, High Ceilings, Pantry, Recessed Lighting, Storage, Wired for Sound, Tray Ceiling(s), Unfurnished, Wainscoting, Wet Bar
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Breakfast Nook, Dining Room, Separated
  • Fireplace Features: Family Room, Living Room, Master Retreat
  • Levels: Three Or More
  • Price Per Square Foot: 905.34
  • Room Type: Den, Family Room, Formal Entry, Foyer, Jack & Jill, Living Room, Multi-Level Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Recreation, Separate Family Room, Office, Home Theatre, Utility Room, Wine Cellar
  • Spa Features: Bath
  • Window Features: Custom Covering, Double Pane Windows, Plantation Shutters
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • View: Ocean
  • Patio And Porch Features: Deck, Porch, Patio, Stone
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Range Hood, Microwave, Refrigerator, Water Line to Refrigerator, Warming Drawer
  • Heating Type: Radiant
  • Laundry Features: Inside, Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Front Yard, Gentle Sloping, Lawn, Landscaped, Corner Lot
  • Lot Size Sq Ft: 4993.00
  • Price Per Lot Square Foot: 856.20
  • Lot Size Acres: 0.1150

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4993.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Block: 8
  • Tax Lot: 8
  • Tax Tract Number: 3393

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2015
Closed on
Nov 16, 2015
Sold by
Rappoport Paul A
Bought by
The David A Landsberg & Marisa H Landsbe
Seller's Agent
David Caskey
eXp Realty of California Inc
Buyer's Agent
Darrin O'Hanlon
Pacifica Properties Group, Inc.
List Price
$4,399,000
Sold Price
$4,275,000
Premium/Discount to List
-$124,000
-2.82%
Current Estimated Value
$7,896,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,621,924
Avg. Annual Appreciation
6.26%
Original Mortgage
$1,350,000
Outstanding Balance
$1,058,945
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$6,837,979

Purchase Details

Closed on
Jun 10, 2014
Sold by
Rappoport Paul
Bought by
Rappoport Paul A and Rappoport Michelle R

Purchase Details

Closed on
Dec 23, 2009
Sold by
815 2Nd Street Partners Lp
Bought by
Rappoport Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2006
Sold by
Zins Gerald J and Zins Ilene
Bought by
815 2Nd Street Partners Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,484,000
Interest Rate
6.56%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The David A Landsberg & Marisa H Landsbe $4,275,000 None Available
Rappoport Paul A -- None Available
Rappoport Paul $2,650,000 Progressive Title Company
815 2Nd Street Partners Lp $1,800,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The David A Landsberg & Marisa H Landsbe $1,350,000
Previous Owner Rappoport Paul $1,850,000
Previous Owner 815 2Nd Street Partners Lp $2,484,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2015 12/11/15 Sold $4,275,000 -2.8% $905 / Sq Ft
10/22/2015 10/22/15 Pending -- -- --
09/17/2015 09/17/15 For Sale $4,399,000 -- $932 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $57,890 $5,060,729 $4,143,289 $917,440
2024 $57,890 $4,961,500 $4,062,049 $899,451
2023 $56,482 $4,864,216 $3,982,401 $881,815
2022 $55,504 $4,768,840 $3,904,315 $864,525
2021 $54,502 $4,675,334 $3,827,760 $847,574
2019 $53,111 $4,536,664 $3,714,228 $822,436
2018 $52,037 $4,447,710 $3,641,400 $806,310
2016 $49,248 $4,275,000 $3,500,000 $775,000
2015 $33,345 $2,846,181 $1,933,256 $912,925
2014 $32,889 $2,790,430 $1,895,387 $895,043
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15205663

California Regional Multiple Listing Service (CRMLS)

APN: 4169-012-014