NOT LISTED FOR SALE

Estimated Value: $3,821,000 - $4,380,000

4 Beds
3.5 Baths
3,219 Sq Ft
$1,274/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $3,550,000 $1,103 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $26,573/month

27 Days on Market

Highlights

  • Valet Parking
  • Two Primary Bedrooms
  • Wood Flooring
  • Ocean View
  • Midcentury Modern Architecture
  • Bonus Room

About This Home

As of December 2021

Feel at home upon entering this newly updated, ocean & sunset view, 2 story 4bd/3.5ba beauty. Optimized for modern living, set on a private cul de sac w/idyllic outdoors where ocean meets canyon in desirable Marquez Knolls neighborhood. Remodel finished 2019 includes complete copper repipe, new floors, kitchen+bathrooms. Formal entry opens to airy, sunlit ocean-facing living/dining room. Chef's kitchen w/center island + breakfast area across from bonus family room/den or work from home area. 3 of 4 bedrooms on this level include one of 2 primary suites w/large walk-in closet, sitting area, fully redone custom bath w/freestanding jetted spa tub. Full on ocean views from 2nd primary suite spanning entire upstairs w/private deck + additional room perfect for grand walk-in closet, working space, den/5th bed. Wooden beam ceilings, sustainable bamboo flooring, and oversized windows throughout. Convenient access to Sunset Blvd, PCH, Palisades Village, & surrounding beach communities.

Last Listed By

Jordan Gussman

Engel & Völkers License #02015634 Listed on: 11/05/2021

Engel & Völkers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,772

Year Built

  • Built in 1961

Lot Details

  • 0.27 Acre Lot
  • West Facing Home
  • Property is zoned LARE15

Property Views

  • Ocean
  • Woods
  • Canyon

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 3,219 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Bonus Room
  • Wood Flooring
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Side by Side Parking

Outdoor Features

  • Shed
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling
  • Water Purifier
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Valet Parking

Listing and Financial Details

  • Assessor Parcel Number 4420-022-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,772

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Feel at home upon entering this newly updated, ocean & sunset view, 2 story 4bd/3.5ba beauty. Optimized for modern living, set on a private cul de sac w/idyllic outdoors where ocean meets canyon in desirable Marquez Knolls neighborhood. Remodel finished 2019 includes complete copper repipe, new floors, kitchen+bathrooms. Formal entry opens to airy, sunlit ocean-facing living/dining room. Chef's kitchen w/center island + breakfast area across from bonus family room/den or work from home area. 3 of 4 bedrooms on this level include one of 2 primary suites w/large walk-in closet, sitting area, fully redone custom bath w/freestanding jetted spa tub. Full on ocean views from 2nd primary suite spanning entire upstairs w/private deck + additional room perfect for grand walk-in closet, working space, den/5th bed. Wooden beam ceilings, sustainable bamboo flooring, and oversized windows throughout.
  • Complex Name: Marquez Knolls
  • Living Area: 3219
  • Lot Acreage: 0.2710
  • Stories: 2
  • Year Built: 1961
  • Number Of Photos: 53
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Wood
  • Bedrooms: 4
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside, Laundry Area, Room
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Washer, Water Filter, Water Line to Refrigerator, Refrigerator
  • Price Per S Q F T: 1102.83

Exterior Features

  • Direction Faces: West
  • Other Structures: Shed(s)
  • Pool: No
  • Spa Yn: No
  • View: Ocean, Canyon, Water, Trees/Woods
  • View: Yes

Garage/Parking

  • Parking Garage: Covered Parking, Attached, Private Garage, Garage - 2 Car, Garage Is Attached, Side By Side, Valet
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Dual, Multi/Zone
  • Heating: Central, Fireplace

Condo/Co-op/Association

  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4420-022-008
  • Lot Size Area: 11805

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Dec 8, 2021
Sold by
Gussman Joseph H and Levitsky Bonnie
Bought by
Hao Frank and Vijjeswarapu Mary Alice
Seller's Agent
Jordan Gussman
Engel & Völkers
Buyer's Agent
Galina Chtyreva
Forward Inglewood, Inc.
List Price
$3,550,000
Sold Price
$3,550,000
Total Days on Market
27
Current Estimated Value
$4,100,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$550,302
Avg. Annual Appreciation
5.31%
Original Mortgage
$2,840,000
Outstanding Balance
$2,645,372
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$1,569,256

Purchase Details

Closed on
Mar 4, 2020
Sold by
Gussman Joseph H and Levitsky Bonnie
Bought by
Gussman Joseph H and Levitsky Bonnie

Purchase Details

Closed on
Mar 30, 2010
Sold by
Lysy Antonio and Lysy Margaret Flanagan
Bought by
Gussman Joseph H and Levitsky Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2003
Sold by
Pessara Edwin E and Pessara Carol A
Bought by
Lysy Antonio and Lysy Margaret Flanagan

Purchase Details

Closed on
Apr 24, 2001
Sold by
Lewy Henry
Bought by
Pessara Edwin E and Passara Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.12%

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
Hao Frank $3,550,000 Lawyers Title
Gussman Joseph H -- None Available
Gussman Joseph H -- Equity Title Company
Lysy Antonio $1,550,000 First American Title Co
Pessara Edwin E $865,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hao Frank $150,000
Open Hao Frank $2,840,000
Previous Owner Gussman Joseph H $1,150,000
Previous Owner Gussman Joseph H $980,000
Previous Owner Gussman Joseph H $88,000
Previous Owner Gussman Joseph H $850,000
Previous Owner Lysy Antonio $250,000
Previous Owner Passara Edwin E $150,000
Previous Owner Pessara Edwin E $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $3,550,000 0.0% $1,103 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $3,550,000 -- $1,103 / 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
2024 $44,772 $3,693,419 $2,841,332 $852,087
2023 $43,896 $3,621,000 $2,785,620 $835,380
2022 $41,841 $3,550,000 $2,731,000 $819,000
2021 $22,349 $1,864,499 $1,491,603 $372,896
2019 $21,679 $1,809,199 $1,447,362 $361,837
2018 $21,526 $1,773,726 $1,418,983 $354,743
2016 $20,583 $1,704,852 $1,363,883 $340,969
2015 $20,281 $1,679,245 $1,343,397 $335,848
2014 $20,342 $1,646,352 $1,317,082 $329,270
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 21-102455

The MLS

APN: 4420-022-008