NOT LISTED FOR SALE

Estimated Value: $5,707,000 - $6,547,000

5 Beds
6 Baths
4,143 Sq Ft
$1,467/Sq Ft Est. Value

Last Sold October 24, 2018

Last sale price $3,925,000 $947 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $36,922/month

53 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Traditional Architecture
  • No HOA
  • Opal Robinson Elementary School Rated A
  • Wood Flooring
  • Den

About This Home

As of October 2018

HUGE PRICE REDUCTION! Located in the highly sought-after Hill section awaits this beautifully rebuilt home. Walk through the home's striking red door and be greeted by the breath-taking entry way with a stylish chandelier & grand staircase. The living and dining rooms flow graciously together, making the spaces ideal for entertaining. Kitchen boasts contemporary touches, eat-in center island, wine storage, farmhouse sink, breakfast nook & white cabinets. Put your feet up in the master w/fireplace, cove ceiling, walk-in closet & sliding glass pocket doors to balcony. The master bath w/his & her vanities, soaker tub, glass shower, grey tile & marble details. Bedrooms w/large closets, vaulted ceilings & ensuite baths with top-of-the-line finishes. Additional features-home office, laundry room, hardwood floors & modern accents. Your own private oasis can be found in the home's backyard with shaded lounge space, dining patio and BBQ. Move-in today & live close to shops, restaurants & beach!

Last Agent to Sell the Property

Sally Forster Jones

Compass License #00558939 Listed on: 07/09/2018

Compass

Last Buyer's Agent

Sally Forster Jones

Compass License #00558939 Listed on: 07/09/2018

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,748

Year Built

  • Built in 2018

Lot Details

  • 6,005 Sq Ft Lot
  • Property is zoned MNRS

Parking

  • Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 4,143 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Family Room on Second Floor
  • Living Room with Fireplace
  • Dining Area
  • Den

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4170-029-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,748

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 4143
  • Stories: 1
  • Year Built: 2018
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Hardwood, Tile
  • Bedrooms: 5
  • Full Bathroom: 6
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 964.28

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Attached, Garage - 2 Car

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4170-029-002
  • Geocode Override: No
  • Lot Size Area: 6005

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Oct 4, 2018
Sold by
Elevato Elite Homes Lp
Bought by
Lee Michael and Lee Leslie
Seller's Agent
Sally Forster Jones
Compass
Buyer's Agent
Sally Forster Jones
Compass
List Price
$4,295,000
Sold Price
$3,925,000
Premium/Discount to List
-$370,000
-8.61%
Total Days on Market
53
Current Estimated Value
$6,077,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,152,847
Avg. Annual Appreciation
6.28%
Original Mortgage
$2,943,750
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 11, 2016
Sold by
Elevate Elite Homes Ii Lp
Bought by
Elevate Elite Homes Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,422,500
Interest Rate
3.48%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 11, 2016
Closed on
Apr 29, 2016
Sold by
Elevate Elite Homes Lp
Bought by
Elevate Elite Homes Ii Lp
Seller's Agent
Hana El Sawy
Vista Sotheby’s International Realty
Buyer's Agent
Sally Forster Jones
Compass
List Price
$2,200,000
Sold Price
$2,250,000
Premium/Discount to List
$50,000
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%

Purchase Details

Listed on
Feb 11, 2016
Closed on
Mar 11, 2016
Sold by
Mclellan Sharon A
Bought by
Elevate Elite Homes Lp
Seller's Agent
Hana El Sawy
Vista Sotheby’s International Realty
Buyer's Agent
Sally Forster Jones
Compass
List Price
$2,200,000
Sold Price
$2,250,000
Premium/Discount to List
$50,000
2.27%
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
Lee Michael $3,925,000 Fidelity National Title Comp
Elevate Elite Homes Lp -- None Available
Elevate Elite Homes Ii Lp -- Usa National Title Co
Elevate Elite Homes Lp $2,250,000 Usa National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Michael $2,810,000
Closed Lee Michael $2,808,000
Closed Lee Michael $2,943,750
Closed Lee Michael $2,943,750
Previous Owner Elevate Elite Homes Lp $2,422,500
Previous Owner Lawlor Lenna J $113,352
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2018 10/24/18 Sold $3,925,000 -1.8% $947 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
08/25/2018 08/25/18 Price Changed $3,995,000 -7.0% $964 / Sq Ft
07/09/2018 07/09/18 For Sale $4,295,000 +90.9% $1,037 / Sq Ft
03/23/2016 03/23/16 Sold $2,250,000 +2.3% $2,178 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $2,200,000 -- $2,130 / 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 $48,748 $4,378,407 $3,346,555 $1,031,852
2024 $48,748 $4,292,557 $3,280,937 $1,011,620
2023 $47,500 $4,208,390 $3,216,605 $991,785
2022 $46,672 $4,125,874 $3,153,535 $972,339
2021 $45,790 $4,044,975 $3,091,701 $953,274
2019 $44,287 $3,925,000 $3,000,000 $925,000
2018 $26,705 $2,340,900 $2,340,900 $0
2016 $24,817 $2,250,000 $2,240,000 $10,000
2015 $1,616 $130,484 $91,377 $39,107
2014 $1,606 $127,929 $89,588 $38,341
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-362658

The MLS

APN: 4170-029-002