NOT LISTED FOR SALE

Estimated Value: $5,173,815

4 Beds
4 Baths
3,495 Sq Ft
$1,480/Sq Ft Est. Value

Last Sold August 22, 2017

Last sale price $3,200,000 $916 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $30,573/month

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Wood Flooring
  • Franklin Elementary School Rated A+
  • Contemporary Architecture
  • Den

About This Home

As of November 2023

Experience the allure of this magnificent two-story pool home, perched atop Santa Monica's Berkeley Hill, offering sweeping panoramic vistas of the ocean and city lights. With an open layout designed for seamless indoor-outdoor entertainment, this residence elegantly has a luxurious pool and spa area. Originally rebuilt in 1988, this home underwent a remarkable 2020 renovation by its current owner, featuring all-new flooring throughout (no carpet!!!). Both floors boast generous balconies adorned with stylish railings. The flexible floor plan includes a spacious office, den, or playroom, while the large rooms bask in abundant natural light, courtesy of high ceilings. Upstairs, discover two bedrooms alongside an expansive primary bedroom suite, complete with a rejuvenating jetted tub, two walk-in closets, and an oversized balcony that grants awe-inspiring ocean views. Every one of the four bedrooms has an en-suite bathroom. Additional amenities include a separate laundry room, a private heated pool and spa nestled within the enclosed yard, and ample parking available in the sprawling, meandering driveway. Conveniently situated near the Brentwood Country Mart, Montana Avenue's shopping and dining, beautiful beaches, and top-rated schools, this property is a true gem. *The pink exterior house photos and the carpeted photos are from 2017. The exterior of the house is now painted white and there is no carpet in the house at all.*

Last Agent to Rent the Property

Justine Lieberman

Compass License #02062251 Listed on: 09/04/2023

Compass

Last Renter's Agent

Justine Lieberman

Compass License #02062251 Listed on: 09/04/2023

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 8,969 Sq Ft Lot
  • Property is zoned SMR1*

Parking

  • 5 Open Parking Spaces
  • 2 Car Garage
  • Driveway

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,495 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room with Fireplace
  • Den
  • Wood Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer

Pool

  • Heated In Ground Pool
  • Heated Spa

Additional Features

  • Outdoor Grill
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $30,000
  • Tenant pays for cable TV, electricity, gas, water, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 4266-005-063

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Rental Info

  • Credit Report Amount: 38.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Security Deposit: 30000
  • Tenant Pays: Cable TV, Electricity, Gas, Water, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary Mediterranean
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Experience the allure of this magnificent two-story pool home, perched atop Santa Monica's Berkeley Hill, offering sweeping panoramic vistas of the ocean and city lights. With an open layout designed for seamless indoor-outdoor entertainment, this property has a luxurious pool and spa area. Both floors boast generous balconies adorned with stylish railings. The flexible floor plan includes a spacious office, den, or playroom, while the large rooms bask in abundant natural light, courtesy of high ceilings. Upstairs, discover two bedrooms alongside an expansive primary bedroom suite, complete with a rejuvenating jetted tub, two walk-in closets, and an oversized balcony that grants awe-inspiring ocean views. Every one of the four bedrooms has an en-suite bathroom. Conveniently situated near the Brentwood Country Mart, and Montana Avenue's shopping and dining.
  • Lease Terms: 1+Year
  • Living Area: 3495
  • Lot Acreage: 0.2059
  • Stories: 2
  • Year Built: 1951
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Hardwood
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Room, Outside
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Barbeque, Dishwasher, Dryer
  • Fireplace: Yes
  • Price Per S Q F T: 4.23

Exterior Features

  • Pool Description: In Ground, Heated
  • Pool: Yes
  • Spa: Heated
  • Spa Yn: Yes
  • View: City Lights, Coastline, Panoramic, Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 5
  • Covered Parking: 2
  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4266-005-063
  • Lot Size Area: 8969

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2017
Closed on
Aug 18, 2017
Sold by
Tilsley Derek
Bought by
Zhang Ai Ping
Seller's Agent
Mary Lu Tuthill
Coldwell Banker Realty
Buyer's Agent
Ken Huynh
RE/MAX CHAMPIONS
List Price
$3,750,000
Sold Price
$3,200,000
Premium/Discount to List
-$550,000
-14.67%
Current Estimated Value
$5,173,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,973,815
Avg. Annual Appreciation
5.90%

Purchase Details

Closed on
Nov 30, 2015
Sold by
Tilsey Derek
Bought by
Tilsey Derek and Ruth & Derek Tilsley Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 17, 2007
Sold by
Tilsley Ruth and Tilsley Derek
Bought by
Tilsley Ruth

Purchase Details

Closed on
Oct 10, 2006
Sold by
Tilsley Derek and Tilsley Ruth
Bought by
Tilsley Ruth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhang Ai Ping $3,200,000 Chicago Title Company
Tilsey Derek -- Ticor Title Co
Tilsley Ruth -- None Available
Tilsley Ruth -- None Available
Tilsley Ruth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tilsey Derek $626,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2023 11/01/23 Rented $13,000 -12.2% --
10/27/2023 10/27/23 Under Contract -- -- --
10/19/2023 10/19/23 Price Changed $14,800 -1.3% $4 / Sq Ft
09/04/2023 09/04/23 For Rent $15,000 +7.1% --
09/01/2021 09/01/21 Rented $14,000 +27.3% --
08/27/2021 08/27/21 Under Contract -- -- --
08/12/2021 08/12/21 For Rent $10,995 -10.2% --
07/15/2020 07/15/20 Rented $12,250 -2.0% --
06/23/2020 06/23/20 Under Contract -- -- --
06/23/2020 06/23/20 For Rent $12,500 0.0% --
02/06/2019 02/06/19 Rented $12,500 -3.8% --
01/26/2019 01/26/19 For Rent $13,000 +13.0% --
02/13/2018 02/13/18 Rented $11,500 0.0% --
10/27/2017 10/27/17 For Rent $11,500 0.0% --
08/22/2017 08/22/17 Sold $3,200,000 -8.4% $916 / Sq Ft View Prior Sale
08/14/2017 08/14/17 Pending -- -- --
07/05/2017 07/05/17 Price Changed $3,495,000 -6.8% $1,000 / Sq Ft
04/10/2017 04/10/17 For Sale $3,750,000 -- $1,073 / 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 $42,223 $3,641,049 $2,184,629 $1,456,420
2024 $42,223 $3,569,657 $2,141,794 $1,427,863
2023 $41,552 $3,499,665 $2,099,799 $1,399,866
2022 $41,055 $3,431,045 $2,058,627 $1,372,418
2021 $40,071 $3,363,770 $2,018,262 $1,345,508
2020 $39,801 $3,329,280 $1,997,568 $1,331,712
2019 $39,412 $3,264,000 $1,958,400 $1,305,600
2018 $37,005 $3,200,000 $1,920,000 $1,280,000
2016 $16,210 $1,369,561 $990,776 $378,785
2015 $15,999 $1,348,990 $975,894 $373,096
2014 $15,773 $1,322,566 $956,778 $365,788
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-307447

The MLS

APN: 4266-005-063