NOT LISTED FOR SALE

856 Franklin St Santa Monica, CA 90403

Northeast Neighborhood

Estimated Value: $5,644,000 - $7,099,000

5 Beds
4.5 Baths
3,991 Sq Ft
$1,597/Sq Ft Est. Value

Last Sold May 28, 2015

Last sale price $4,110,000 $1,030 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $38,928/month

15 Days on Market

Highlights

  • Ocean View
  • Craftsman Architecture
  • Lanai
  • Franklin Elementary School Rated A+
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of May 2015

Painstakingly designed and constructed Early California Craftsman reminiscent of the turn of the century work of master architects Irving Gill and Greene & Greene. Wonderful charm, great architecture, gorgeous gardens and breathtaking city & ocean views in prime North Santa Monica location. Fitted with every amenity for today's lifestyle. Well-detailed formal entertaining rooms and cook's kitchen/family room open seamlessly to entertaining patios and large grassy yard. Ideal family floor plan with four bedrooms plus maid's, including sensational master suite with French doors, private balcony, large walk-in closets and beautiful bath. Separate upstairs office and fabulous 2nd story outdoor living room with lovely vistas. Extensive built-ins, walnut floors and rich period detailing & woodwork throughout. Gated and private, this very special property will satisfy the most discriminating buyer. Rare opportunity!

Last Agent to Sell the Property

David Offer

Berkshire Hathaway HomeServices California Properties License #01150357 Listed on: 04/02/2015

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

David Offer

Berkshire Hathaway HomeServices California Properties License #01150357 Listed on: 04/02/2015

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $56,815

Lot Details

  • 9,798

Property Views

  • Ocean
  • City Lights

Home Design

  • Craftsman Architecture

Interior Spaces

  • 3,991 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Library
  • Laundry Room
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Powder Room

Parking

  • Direct Access Garage
  • Side by Side Parking
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Lanai

Additional Features

  • 9,798 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4266-005-067

Home Details

Home Type

Single Family

Est. Annual Taxes

$56,815

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Living Area: 3991
  • Stories: 2
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Room
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Network Wire, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1001.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City Lights, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Direct Entrance, Door Opener, Garage, Side By Side

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 4266-005-067
  • Geocode Override: No
  • Lot Size Area: 9798

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2017
Sold by
Borstein Craig J and Borstein Elizabeth Ann
Bought by
Borstein Craig J and The Craig J Borstein Separate
Current Estimated Value
$6,275,495

Purchase Details

Listed on
Apr 2, 2015
Closed on
Apr 23, 2015
Sold by
Braverman Michael H and The Michael H Braverman Trust
Bought by
C & E Borstein Community Property Trust
Seller's Agent
David Offer
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
David Offer
Berkshire Hathaway HomeServices California Properties
List Price
$3,995,000
Sold Price
$4,110,000
Premium/Discount to List
$115,000
2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$1,400,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 26, 2012
Closed on
Jan 7, 2013
Sold by
Evans Marc D and Fourticq Jessica Diane
Bought by
Braverman Michael H and The Michael H Braverman Trust
Seller's Agent
David Offer
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Darlene Hutton
Rodeo Realty- Brentwood
List Price
$3,495,000
Sold Price
$3,650,000
Premium/Discount to List
$155,000
4.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%

Purchase Details

Closed on
Dec 19, 2007
Sold by
Evans Marc D and Evans Jessica F
Bought by
Evans Marc D and Evans Jessica F

Purchase Details

Closed on
Feb 7, 2006
Sold by
Pfau Robert W and Pfau Annette Hanzer
Bought by
Evans Marc D and Evans Jessica F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 23, 1999
Sold by
Brumfield Gary A and Mccoy Barbara J
Bought by
Pfau Robert W and Pfau Annette Hanzer

Purchase Details

Closed on
Nov 16, 1993
Sold by
Brumfield Gary Alan and Mccoy Barbara June
Bought by
Brumfield Gary Alan and Mccoy Barbara June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.85%

Purchase Details

Closed on
Oct 25, 1993
Sold by
Mccoy Bowen H
Bought by
Mccoy Barbara June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.85%
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
Borstein Craig J -- Accommodation
C & E Borstein Community Property Trust $4,110,000 Lawyers Title
Braverman Michael H $3,650,000 Equity Title Company
Evans Marc D -- None Available
Evans Marc D -- Equity Title
Pfau Robert W $1,200,000 Continental Title
Brumfield Gary Alan -- Stewart Title
Mccoy Barbara June -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borstein Craig J $1,250,332
Closed C & E Borstein Community Property Trust $1,400,000
Previous Owner Evans Marc D $2,450,000
Previous Owner Evans Marc D $2,450,000
Previous Owner Evans Marc D $250,000
Previous Owner Evans Marc D $2,000,000
Previous Owner Pfau Robert W $500,000
Previous Owner Pfau Robert W $350,000
Previous Owner Pfau Robert W $1,200,000
Previous Owner Brumfield Gary Alan $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2015 05/28/15 Sold $4,110,000 +2.9% $1,030 / Sq Ft
04/17/2015 04/17/15 Pending -- -- --
04/02/2015 04/02/15 For Sale $3,995,000 +9.5% $1,001 / Sq Ft
01/11/2013 01/11/13 Sold $3,650,000 +4.4% $915 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
11/26/2012 11/26/12 For Sale $3,495,000 -- $876 / 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 $56,815 $4,939,596 $3,744,120 $1,195,476
2024 $56,815 $4,842,742 $3,670,706 $1,172,036
2023 $55,910 $4,747,787 $3,598,732 $1,149,055
2022 $55,246 $4,654,694 $3,528,169 $1,126,525
2021 $53,933 $4,563,427 $3,458,990 $1,104,437
2019 $53,047 $4,428,076 $3,356,396 $1,071,680
2018 $49,867 $4,341,252 $3,290,585 $1,050,667
2016 $48,087 $4,172,677 $3,162,808 $1,009,869
2015 $43,334 $3,739,827 $2,655,073 $1,084,754
2014 $42,682 $3,666,570 $2,603,064 $1,063,506
Source: Public Records

Agents Affiliated with this Home

  • David Offer

    Seller's Agent in 2015

    David Offer

    Berkshire Hathaway HomeServices California Properties

    (310) 820-9341

    117 Total Sales

    Section Image
  • Darlene Hutton

    Buyer's Agent in 2013

    Darlene Hutton

    Rodeo Realty- Brentwood

    (310) 428-4861

    21 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 15-892745

The MLS

APN: 4266-005-067

California Los Angeles County Santa Monica 90403 Northeast

856 Franklin St, Santa Monica, CA

This home is located at 856 Franklin St, Santa Monica, CA 90403 since 02 April 2015 and is currently estimated at $6,374,372, approximately $1,597 per square foot. 856 Franklin St is a home located in Los Angeles County with nearby schools including Franklin Elementary School, Lincoln Middle School, and Santa Monica High School.

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