NOT LISTED FOR SALE

Estimated Value: $7,431,000 - $9,004,000

5 Beds
7 Baths
5,100 Sq Ft
$1,603/Sq Ft Est. Value

Last Sold June 05, 2015

Last sale price $5,800,000 $1,137 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $50,999/month

71 Days on Market

Highlights

  • Wine Cellar
  • Home Theater
  • Primary Bedroom Suite
  • Opal Robinson Elementary School Rated A
  • In Ground Pool
  • Ocean Side of Highway 1

About This Home

As of June 2015

Preconstruction offering. Another fabulous presentation by California Custom Homes, this gorgeous Plantation Contemporary style home, designed by Louie Tomaro features 5 bedroom suites, 5 full baths, 2 half baths and approximately 5,100 SF of luxury living space on a 7,501 SF lot. First floor features a spacious living room with 2 story ceilings, balcony, access to patio and fireplace, formal dining room, spacious kitchen with enormous island which opens up to the great room with fireplace, breakfast nook, powder room and guest suite/5th bedroom. Upstairs features the master suite with balcony, master bath with oversized tub and stand-alone shower, 3 bedroom suites and the laundry room. Fabulous backyard with a sparkling pool, spa, outdoor bbq, dining area, gazebo and storage. Other features include a home theatre, elevator, wine cellar and 4 car garage. Completion in February/March of 2015.

Last Agent to Sell the Property

Raju Chhabria

Chhabria Real Estate Company License #00874072 Listed on: 07/09/2014

Last Buyer's Agent

Emily Piemonte

Estate Properties License #00862543

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $77,314

Year Built

  • Built in 2014

Lot Details

  • 7,501 Sq Ft Lot
  • Lawn
  • Back Yard

Parking

  • 4 Car Direct Access Garage
  • Parking Available

Home Design

  • Copper Plumbing

Interior Spaces

  • 5,100 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Built-In Features
  • Cathedral Ceiling
  • Recessed Lighting
  • Wine Cellar
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Home Theater
  • Storage
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Ocean Side of Highway 1
  • Balcony
  • Patio
  • Outdoor Fireplace
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Cooling Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 142
  • Assessor Parcel Number 4170028018

Home Details

Home Type

Single Family

Est. Annual Taxes

$77,314

Year Built

Built in 2014

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4170028018
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5100.00
  • Interior Amenities: Built-in Features, Balcony, Cathedral Ceiling(s), Elevator, Copper Plumbing Full, High Ceilings, Living Room Deck Attached, Pantry, Recessed Lighting, Storage, Stone Counters, Two Story Ceilings
  • Stories: 3
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Great Room, Living Room, Master Bedroom, Master Retreat, Outside
  • Levels: Three Or More
  • Price Per Square Foot: 1137.25
  • Room Type: Family Room, Great Room, Living Room, Master Bedroom, Main Floor Bedroom, Master Suite, Walk-In Pantry, Walk-In Closet, Retreat, Home Theatre, Wine Cellar
  • Spa Features: In Ground, Private
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Deck
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Double Oven, Dishwasher, Disposal
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Manhattan Unified

Lot Info

  • Lot Features: Back Yard, Lawn
  • Lot Size Sq Ft: 7501.00
  • Lot Size Acres: 0.1720

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7501.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Ocean Side Of Highway 1

Tax Info

  • Tax Lot: 18
  • Tax Tract Number: 142

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2014
Closed on
May 26, 2015
Sold by
California Custom Homes Inc
Bought by
Roberts Andrew C and Roberts Gena M
Seller's Agent
Raju Chhabria
Chhabria Real Estate Company
Buyer's Agent
Emily Piemonte
Estate Properties
List Price
$5,500,000
Sold Price
$5,800,000
Premium/Discount to List
$300,000
5.45%
Current Estimated Value
$8,177,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,377,440
Avg. Annual Appreciation
3.41%
Original Mortgage
$3,770,000
Outstanding Balance
$2,914,743
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$5,257,767

Purchase Details

Closed on
Jul 26, 2013
Sold by
Evangelatos Gregory G and Evangelatos Gerassimos
Bought by
California Custom Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 1995
Sold by
Evangelatos Gerassimos and Evangelatos Gerassimos
Bought by
Evangelatos Gerassimos and Evangelatos Gerassimos

Purchase Details

Closed on
Jun 14, 1995
Sold by
Evangelatos Gerassimos and Evangelatos Sophie
Bought by
Evangelatos Gerassimos and Evangelatos Sophie
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
Roberts Andrew C $5,800,000 Lawyers Title
Khosla Ravi -- Lawyers Title
Khosla Ravi -- Lawyers Title
California Custom Homes Inc $1,550,015 Lawyers Title Company
Evangelatos Gerassimos -- --
Evangelatos Gerassimos -- --
Evangelatos Gerassimos -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Andrew C $3,770,000
Previous Owner California Custom Homes Inc $3,076,725
Previous Owner California Custom Homes Inc $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2015 06/05/15 Sold $5,800,000 0.0% $1,137 / Sq Ft
09/18/2014 09/18/14 Pending -- -- --
08/28/2014 08/28/14 Price Changed $5,800,000 +5.5% $1,137 / Sq Ft
07/09/2014 07/09/14 For Sale $5,500,000 -- $1,078 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $77,314 $6,970,727 $4,879,510 $2,091,217
2024 $77,314 $6,834,047 $4,783,834 $2,050,213
2023 $75,307 $6,700,047 $4,690,034 $2,010,013
2022 $73,990 $6,568,674 $4,598,073 $1,970,601
2021 $72,561 $6,439,877 $4,507,915 $1,931,962
2019 $70,590 $6,248,868 $4,374,208 $1,874,660
2018 $69,207 $6,126,342 $4,288,440 $1,837,902
2016 $64,803 $5,888,450 $4,121,915 $1,766,535
2015 $17,486 $1,580,968 $1,264,775 $316,193
2014 -- $1,550,000 $1,240,000 $310,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14144254

California Regional Multiple Listing Service (CRMLS)

APN: 4170-028-018