NOT LISTED FOR SALE

Estimated Value: $3,169,000 - $3,701,000

3 Beds
2 Baths
1,790 Sq Ft
$1,988/Sq Ft Est. Value

Last Sold December 15, 2015

Last sale price $2,000,000 $1,117 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $21,874/month

43 Days on Market

Highlights

  • Granite Countertops
  • Breakfast Area or Nook
  • 2 Car Attached Garage
  • Franklin Elementary School Rated A+
  • Double Oven
  • Bathtub with Shower

About This Home

As of December 2015

First time on the market in over fifty years! Just what every buyer and developer wants right now: An early-California bungalow fixer with loads of potential in a great part of Santa Monica. This 1929 3BR/2BA home sits privately on a generous lot near everything the city has to offer. Existing rooms include living and family, kitchen with breakfast area, and ample sized bedrooms. A large (over 8,300 sq.ft.) sunny lot accommodates a grassy yard and fruit trees with room for a pool--all with no neighbors looking in. Located on Idaho Ave. and 26th St. (second house) with rear alley access to a two car garage which makes 26th become an afterthought. Nearby Montana Avenue provides all the essentials: trendy shopping, entertainment and restaurants. Bonus alert: FRANKLIN ELEMENTARY SCHOOL DISTRICT.

Last Agent to Sell the Property

Chris Jacobs

Keller Williams Beverly Hills License #01908069 Listed on: 09/18/2015

Co-Listed By

Jeff Yarbrough

Keller Williams Beverly Hills License #01341959

Last Buyer's Agent

Andrew Thurm

Compass License #01235485

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,855

Year Built

  • Built in 1924

Lot Details

  • 8,346 Sq Ft Lot
  • Lot Dimensions are 50x167
  • East Facing Home
  • Property is zoned SMR1*

Home Design

  • Bungalow

Interior Spaces

  • 1,790 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Radiant Heating System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4277-001-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,855

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Street Number Display: Yes
  • Entry Location: Living Room
  • Living Area: 1790
  • Lot Dimensions: 50x167
  • Probate: No
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Appliances: Cooktop - Gas, Double Oven, Oven-Gas, Range Hood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Bathroom Features: Granite, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Granite Counters
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1226.26

Exterior Features

  • Direction Faces: East
  • Tennis Court Y/N: No
  • Patio: Concrete Slab
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car, Garage Is Detached
  • Total Parking: 2

Utilities

  • Heating: Radiant
  • Sewer: In Street

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4277-001-011
  • Geocode Override: No
  • Lot Size Area: 8346

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2015
Closed on
Nov 3, 2015
Sold by
Babusis Danute
Bought by
The Marder Family Trust
Seller's Agent
Chris Jacobs
Keller Williams Beverly Hills
Buyer's Agent
Andrew Thurm
Compass
List Price
$2,195,000
Sold Price
$2,000,000
Premium/Discount to List
-$195,000
-8.88%
Current Estimated Value
$3,557,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,557,919
Avg. Annual Appreciation
6.41%
Original Mortgage
$1,600,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2003
Sold by
Gricius Kazys and Gricius Stase Stella
Bought by
Gricius Kazys
Source: Public Records

Range of Values:

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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
The Marder Family Trust $2,000,000 Fidelity National Title
Gricius Kazys -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marder Scott $1,600,000
Closed The Marder Family Trust $1,600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2015 12/15/15 Sold $2,000,000 -8.9% $1,117 / Sq Ft
10/29/2015 10/29/15 Pending -- -- --
09/16/2015 09/16/15 For Sale $2,195,000 -- $1,226 / 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 $29,855 $2,551,787 $1,894,072 $657,715
2024 $29,855 $2,501,753 $1,856,934 $644,819
2023 $29,380 $2,452,700 $1,820,524 $632,176
2022 $29,023 $2,404,609 $1,784,828 $619,781
2021 $28,324 $2,357,461 $1,749,832 $607,629
2019 $27,855 $2,287,539 $1,697,932 $589,607
2018 $24,925 $2,139,817 $1,664,640 $475,177
2016 $23,378 $2,000,000 $1,600,000 $400,000
2015 $2,267 $149,882 $99,930 $49,952
2014 $1,877 $146,947 $97,973 $48,974
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-942069

The MLS

APN: 4277-001-011