NOT LISTED FOR SALE

Estimated Value: $4,714,574 - $7,377,000

4 Beds
3.5 Baths
2,946 Sq Ft
$1,924/Sq Ft Est. Value

Last Sold March 14, 2012

Last sale price $2,400,000 $815 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $33,276/month

17 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Breakfast Area or Nook
  • Franklin Elementary School Rated A+
  • Home Office
  • 2 Car Attached Garage

About This Home

As of March 2012

First time on the market in decades!!! In a style reminiscent of John Byer, This charming home situated at the top of Franklin Hill features 2 story living room with Juliette balcony, grand fireplace with period Malibu tiles & magasite floors overlooks the pool and waterfalls. Kitchen features Malibu tiles, copper drs, stainless back splashes, 2 islands and a lunch table. Paneled office/den, powder and dining room complete the 1st Floor. Upstairs features 3 en suites and a sitting area with access to wrap around balcony overlooking backyard and views of the ocean and horizon of Santa Monica.

Last Agent to Sell the Property

Barbara Boyle

Sotheby's International Realty License #01259141 Listed on: 01/26/2012

Sotheby's International Realty

Last Buyer's Agent

Simon Beardmore

Sotheby's International Realty License #01321605

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,934

Year Built

  • Built in 1946

Lot Details

  • 9,840 Sq Ft Lot
  • Property is zoned SMR1*

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • City Lights

Interior Spaces

  • 2,946 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office

Kitchen

  • Breakfast Area or Nook
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Powder Room
  • 3.5 Bathrooms

Outdoor Features

  • In Ground Pool
  • Open Patio

Utilities

  • Central Heating
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4266-005-068

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,934

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Living Area: 2946
  • Stories: 2
  • Year Built: 1946
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Wood Burning
  • Flooring: Mixed
  • Bedrooms: 4
  • Fireplaces: 1
  • Dining Room: 1
  • Family Room: 0
  • Total Bathrooms: 3.50
  • Den: 0
  • Equipment: Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 846.91

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Garage
  • Total Parking: 2

Utilities

  • Heating: Central
  • Sewer: In Street

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4266-005-068
  • Lot Size Area: 9840

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2013
Sold by
Kennedy M and Tug Babcock Trust
Bought by
Kennedy M and Babcock Trust
Current Estimated Value
$5,557,527

Purchase Details

Listed on
Jan 26, 2012
Closed on
Feb 27, 2012
Sold by
Greenson Hildegard and The Greenson Family Trust
Bought by
Kennedy M and Tug Babcock Trust
Seller's Agent
Barbara Boyle
Sotheby's International Realty
Buyer's Agent
Simon Beardmore
Sotheby's International Realty
List Price
$2,495,000
Sold Price
$2,400,000
Premium/Discount to List
-$95,000
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$1,100,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2007
Sold by
Greenson Hildegard
Bought by
Greenson Hildegard and The Greenson Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$995,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2006
Sold by
Greenson Hildegard
Bought by
Greenson Hildegard and The Greenson Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$815,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 18, 2005
Sold by
Greenson Hildegard
Bought by
Greenson Hildegard and The Greenson Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2004
Sold by
Greenson Hildegard
Bought by
Greenson Hildegard and The Greenson Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2003
Sold by
Greenson Hildegard
Bought by
Greenson Hildegard and Greenson Family Trusts

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 1996
Sold by
Greenson Hildegard and Greenson Family Trusts
Bought by
Greenson Hildegard and Greenson Family Trusts
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
Kennedy M -- None Available
Kennedy M $2,400,024 Equity Title
Greenson Hildegard -- Investors Title Company
Greenson Hildegard -- Investors Title Company
Greenson Hildegard -- Accommodation
Greenson Hildegard -- Investors Title Company
Greenson Hildegard -- --
Greenson Hildegard -- Provident Title Company
Greenson Hildegard -- --
Greenson Hildegard -- --
Greenson Hildegard -- Provident Title Company
Greenson Hildegard -- Provident Title Company
Greenson Hildegard -- --
Greenson Hildegard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy M $1,064,250
Closed Kennedy M $1,100,000
Previous Owner Greenson Hildegard $995,000
Previous Owner Greenson Hildegard $815,000
Previous Owner Greenson Hildegard $630,000
Previous Owner Greenson Hildegard $472,000
Previous Owner Greenson Hildegard $153,000
Previous Owner Greenson Hildegard $250,000
Previous Owner Greenson Hildegard $100,000
Previous Owner Greenson Hildegard $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2012 03/14/12 Sold $2,400,000 -3.8% $815 / Sq Ft
01/26/2012 01/26/12 For Sale $2,495,000 -- $847 / 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 $35,934 $3,089,791 $2,411,623 $678,168
2024 $35,934 $3,029,208 $2,364,337 $664,871
2023 $35,362 $2,969,813 $2,317,978 $651,835
2022 $34,935 $2,911,582 $2,272,528 $639,054
2021 $34,094 $2,854,493 $2,227,969 $626,524
2019 $33,531 $2,769,829 $2,161,887 $607,942
2018 $31,497 $2,715,520 $2,119,498 $596,022
2016 $30,366 $2,610,076 $2,037,197 $572,879
2015 $29,976 $2,570,871 $2,006,597 $564,274
2014 $29,425 $2,511,113 $1,967,291 $543,822
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-577947

The MLS

APN: 4266-005-068