NOT LISTED FOR SALE

Estimated Value: $5,405,000 - $9,984,918

3 Beds
4.5 Baths
2,958 Sq Ft
$2,761/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $8,700,000 $2,941 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $54,845/month

66 Days on Market

Highlights

  • Detached Guest House
  • Tennis Courts
  • Family Room with Fireplace
  • Roosevelt Elementary School Rated A+
  • 0.5 Acre Lot
  • Wood Flooring

About This Home

As of February 2023

Warm, inviting, one story Traditional on an expansive flat lot on the desirable south side of historic, palm tree lined Georgina Avenue, just a block from picturesque Ocean Avenue, Santa Monica's most scenic street. Set off the street beyond a circular drive on just under 22,000 square feet of flat land with over 100' feet of frontage, this sprawling estate is surrounded by extraordinary homes in this extremely desirable west-of-7th-Street pocket of Santa Monica- where the streets open to Palisades Park and the ocean. Sun-filled living room & dining room with fireplace and family room open through French doors to lawn and a lighted championship tennis court. 3 bedrooms + 3.5 baths including primary suite with two walk-in closets, plus additional studio/office with a full bath. Hardwood floors and crown mouldings are just some of the many Traditional details found throughout that add to the graciousness of this home. Available for the first time in over 50 years, this magical property truly represents a rare opportunity to remodel, expand or to create a magnificent estate with park-like grounds in the very finest Westside location.

Last Listed By

David Offer

Berkshire Hathaway HomeServices California Properties License #01150357 Listed on: 10/10/2022

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $112,168

Year Built

  • Built in 1922

Lot Details

  • 0.5 Acre Lot
  • Property is zoned SMR1*

Interior Spaces

  • 2,958 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Entryway
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Studio bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 3 Parking Spaces
  • Carport
  • Circular Driveway

Outdoor Features

  • Tennis Courts
  • Enclosed patio or porch

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4293-006-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$112,168

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Street Number Display: Yes
  • Living Area: 2958
  • Lot Acreage: 0.5041
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 37
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Carpet, Tile, Hardwood
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Dishwasher, Gas Dryer Hookup, Range/Oven, Freezer, Built-Ins, Garbage Disposal, Hood Fan, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 3378.97

Exterior Features

  • Other Structures: GuestHouse
  • Tennis Court: Private Tennis Court
  • Tennis Court Y/N: Yes
  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Carport, Circular Driveway
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4293-006-005
  • Lot Size Area: 21957

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2022
Closed on
Dec 13, 2022
Sold by
Seymour C Morrow And Donelda E Morrow Tr
Bought by
426 Georgina Ave Llc
Seller's Agent
David Offer
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
David Kramer
Compass
List Price
$10,995,000
Sold Price
$8,700,000
Premium/Discount to List
-$2,295,000
-20.87%
Total Days on Market
66
Views
83
Current Estimated Value
$8,167,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$532,770
Avg. Annual Appreciation
-2.74%
Original Mortgage
$5,220,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2018
Sold by
Jarrett Jennifer Morrow
Bought by
Jarrett Jennifer Morrow and The Survivors Trust

Purchase Details

Closed on
Jun 28, 2013
Sold by
Morrow Donelda E
Bought by
426 Georina Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2013
Sold by
426 Georgina Avenue Llc
Bought by
Morrow Donelda E and Morrow Paul T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2012
Sold by
Morrow Paul T and Jarrett Jennifer Morrow
Bought by
426 Georgina Avenue Llc

Purchase Details

Closed on
Aug 9, 2012
Sold by
Morrow Donelda E and Morrow Paul T
Bought by
Morrow Donelda E and Morrow Paul T

Purchase Details

Closed on
Jun 16, 1995
Sold by
Follette James H and Follette Betty Ann
Bought by
Morrow Seymour C and Seymour C & Donelda E Morrow Trust #1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.5%

Purchase Details

Closed on
Apr 11, 1995
Sold by
Cahen Joan Morrow
Bought by
Morrow Seymour C and Seymour C & Donelda E Morrow Trust #1

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
426 Georgina Ave Llc $8,700,000 California Title Company
Jarrett Jennifer Morrow -- None Available
426 Georina Avenue Llc -- None Available
Morrow Donelda E -- North American Title
426 Georgina Avenue Llc -- None Available
Cahen Jeremy -- None Available
Morrow Paul T -- None Available
Morrow Donelda E -- None Available
Morrow Seymour C $400,000 Stewart Title
Morrow Seymour C -- Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 426 Georgina Ave Llc $5,220,000
Previous Owner Jarrett Jennifer Morrow $1,350,000
Previous Owner Morrow Paul Topper $2,500,000
Previous Owner Morrow Donelda E $1,300,000
Previous Owner Morrow Seymour C $977,000
Previous Owner Morrow Seymour C $900,000
Previous Owner Morrow Seymour C $600,000
Previous Owner Morrow Seymour C $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $8,700,000 -13.0% $2,941 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
10/31/2022 10/31/22 Price Changed $9,995,000 -9.1% $3,379 / Sq Ft
10/10/2022 10/10/22 For Sale $10,995,000 0.0% $3,717 / Sq Ft
07/08/2020 07/08/20 Rented $19,000 +2.7% --
06/24/2020 06/24/20 For Rent $18,500 +8.8% --
07/24/2019 07/24/19 Rented $17,000 -15.0% --
05/29/2019 05/29/19 For Rent $20,000 -- --
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 $112,168 $8,874,102 $7,099,302 $1,774,800
2023 $19,710 $1,600,193 $809,865 $790,328
2022 $19,465 $1,568,818 $793,986 $774,832
2021 $18,981 $1,538,058 $778,418 $759,640
2019 $18,665 $1,492,440 $755,331 $737,109
2018 $17,356 $1,463,177 $740,521 $722,656
2016 $16,712 $1,406,362 $711,766 $694,596
2015 $16,496 $1,385,238 $701,075 $684,163
2014 $16,270 $1,358,104 $687,342 $670,762
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 22-207129

The MLS

APN: 4293-006-005