NOT LISTED FOR SALE

Estimated Value: $2,729,861 - $3,142,000

3 Beds
2 Baths
1,907 Sq Ft
$1,522/Sq Ft Est. Value

Last Sold April 02, 2024

Last sale price $3,085,000 $1,618 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $17,988/month

6 Days on Market

Highlights

  • Ocean View
  • Midcentury Modern Architecture
  • Wood Flooring
  • Home Theater
  • Living Room with Fireplace
  • No HOA

About This Home

As of April 2024

Perched above the street with stunning ocean and mountain views, this charming Mid-century beach cottage is ideally sited atop the iconic Castellammare neighborhood and just across from the path to the sand below. With 3 bedrooms and 2 bathrooms, this architectural gem is flooded with natural light from ample windows and sliding glass doors that open to wrap around decks, offering stunning views of the California coastline. The main level living area features high ceilings, oak hardwood floors, an oversized fireplace, a gorgeous chef's kitchen with an eat-in bar, and a spacious primary suite and en-suite bathroom. Downstairs are two well-appointed guest bedrooms, including the perfect beach house bunk room, plus an additional guest or media room that share a bathroom and laundry room. With easy access to the beach below from the pedestrian bridge over PCH, this special property is ideally located between the best of both Malibu, Santa Monica, and the Palisades. This opportunity to own your own slice of summer surely won't last long!

Last Listed By

Jenna Cooper

Compass License #01352710 Listed on: 03/06/2024

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,830

Year Built

  • Built in 1949

Lot Details

  • 3,588 Sq Ft Lot
  • Lot Dimensions are 60x60
  • Property is zoned LAR1

Property Views

  • Ocean
  • Mountain

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,907 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway
  • On-Street Parking

Outdoor Features

  • Open Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4416-020-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,830

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 1907
  • Lot Acreage: 0.0824
  • Lot Dimensions: 60x60
  • Stories: 2
  • Year Built: 1949
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 0
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator, Washer, Dryer, Dishwasher
  • Price Per S Q F T: 1560.04

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Ocean, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, On street
  • Total Parking: 2

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4416-020-016
  • Lot Size Area: 3588

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Mar 19, 2024
Sold by
17717 Revello Drive Trust and Binder Eric
Bought by
James Daniel
Seller's Agent
Jenna Cooper
Compass
Buyer's Agent
Max Rubinstein
Compass
List Price
$2,975,000
Sold Price
$3,085,000
Premium/Discount to List
$110,000
3.7%
Total Days on Market
6
Views
52
Current Estimated Value
$2,902,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$182,535
Avg. Annual Appreciation
-5.64%

Purchase Details

Closed on
Dec 9, 2019
Sold by
Braun Dorothy M and The Dorothy M Braun Trust
Bought by
Binder Eric and 17717 Revello Drive Trust

Purchase Details

Closed on
Sep 4, 2014
Sold by
Braun Dorothy M
Bought by
Braun Dorothy M and Dorothy M Braun Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
4.07%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 6, 2013
Sold by
Braun Dorothy May
Bought by
Braun Dorothy M and The Dorothy M Braun Trust

Purchase Details

Closed on
Jul 2, 2009
Sold by
The Revello Trust #17717
Bought by
Braun Dorothy May

Purchase Details

Closed on
Jun 24, 2009
Sold by
Istwani Fawaz
Bought by
The Revello Trust #17717 and Glp Corp

Purchase Details

Closed on
Jul 28, 2002
Sold by
Fairfoot Gabriel and Fairfoot Roselina A
Bought by
Istwani Fawaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,000
Interest Rate
6.51%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 3, 2001
Sold by
Fairfoot Gabriel and Fairfoot Roselina A
Bought by
Fairfoot Gabriel and Fairfoot Roselina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,500
Interest Rate
7.37%

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
James Daniel $3,085,000 Equity Title Company
Binder Eric $1,675,000 Equity Title Company
Braun Dorothy M -- None Available
Braun Dorothy M -- Ortc
Braun Dorothy M -- None Available
Braun Dorothy May -- Orange Coast Title
The Revello Trust #17717 $644,500 Accommodation
Istwani Fawaz $729,000 Equity Title Company
Fairfoot Gabriel -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Braun Dorothy M $720,000
Previous Owner Braun Dorothy May $500,000
Previous Owner Istwani Fawaz $150,000
Previous Owner Istwani Fawaz $31,000
Previous Owner Istwani Fawaz $500,000
Previous Owner Istwani Fawaz $449,000
Previous Owner Fairfoot Gabriel $215,500
Previous Owner Cassell Margery $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2024 04/02/24 Sold $3,085,000 +3.7% $1,618 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $2,975,000 -- $1,560 / 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 $21,830 $1,795,934 $1,436,749 $359,185
2023 $21,407 $1,760,721 $1,408,578 $352,143
2022 $20,407 $1,726,198 $1,380,959 $345,239
2021 $20,166 $1,692,352 $1,353,882 $338,470
2020 $20,378 $1,675,000 $1,340,000 $335,000
2019 $11,146 $925,715 $740,574 $185,141
2018 $11,103 $907,564 $726,053 $181,511
2016 $10,629 $872,323 $697,860 $174,463
2015 $10,475 $859,221 $687,378 $171,843
2014 $10,511 $842,391 $673,914 $168,477
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 24-365371

The MLS

APN: 4416-020-016