NOT LISTED FOR SALE

Estimated Value: $7,527,000 - $8,594,910

6 Beds
8 Baths
6,950 Sq Ft
$1,150/Sq Ft Est. Value

Last Sold May 04, 2020

Last sale price $6,050,000 $871 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $51,138/month

85 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Room in yard for a pool
  • Wine Cellar
  • Open Floorplan
  • Fireplace in Primary Bedroom

About This Home

As of May 2020

Enjoy the ultimate Southern California lifestyle in this brand new Contemporary Farmhouse. This elegant home features attention to detail and exquisite custom finishes rarely found in new construction. Upon entering you are welcomed into an open floorplan featuring a thoughtful blend of classic & modern details. This 6 Br., 8 Ba. home features a paneled office, formal DR w/ private side patio, an open family room & a cook's dream kitchen. Disappearing sliding doors across the rear of the house open to a rear patio, BBQ and expansive grassy yard. Master BR features a fireplace, a sumptuous bath, his and her walk-in closets & spacious private deck. Lower level is bathed in natural light and is an entertainer's dream, featuring a home theater , temperature controlled wine room, wet bar, exercise room and guest suite. Located in the sought after El Medio Bluffs, just minutes from the Palisades Village, restaurants, local schools, Sun. Farmer's Market and the beach!

Last Listed By

Teresa Akerblom

Berkshire Hathaway HomeServices California Properties License #01027737 Listed on: 01/06/2020

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $78,384

Year Built

  • Built in 2019

Lot Details

  • 8,731 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • Ocean
  • Coastline
  • Mountain

Home Design

  • Farmhouse Style Home

Interior Spaces

  • 6,950 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • Crown Molding
  • Decorative Fireplace
  • Entryway
  • Wine Cellar
  • Family Room with Fireplace
  • Dining Room
  • Home Theater
  • Den
  • Utility Room
  • Center Hall
  • Alarm System
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Stone
  • Porcelain Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • Direct Access Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Room in yard for a pool
  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4413-005-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$78,384

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Farm House
  • Street Number Display: Yes
  • Living Area: 6950
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 3
  • Year Built: 2019
  • Number Of Photos: 43
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bar, Basement, Crown Moldings, Open Floor Plan, Wet Bar
  • Fireplace Rooms: Decorative, Family Room, Master Bedroom
  • Flooring: Porcelain, Stone
  • Bedrooms: 6
  • Full Bathroom: 6
  • Half Bathroom: 2
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Bar Ice Maker, Built-Ins, Cable, Dishwasher, Electric Dryer Hookup, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Ice Maker, Microwave, Network Wire, Range/Oven, Refrigerator
  • Price Per S Q F T: 920.14

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool Description: Room For
  • Pool: No
  • Spa Yn: No
  • View: Coastline, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Direct Entrance, Door Opener, Driveway, Driveway - Combination

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4413-005-008
  • Geocode Override: No
  • Lot Size Area: 8731

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Apr 2, 2020
Sold by
531 Arbramar Llc
Bought by
Manzo Thomas L and Manzo Holly A
Seller's Agent
Teresa Akerblom
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Wheeler Coberly
Compass
List Price
$6,749,000
Sold Price
$6,050,000
Premium/Discount to List
-$699,000
-10.36%
Total Days on Market
85
Current Estimated Value
$7,991,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,941,970
Avg. Annual Appreciation
6.34%

Purchase Details

Closed on
May 6, 2018
Sold by
Tabit Mark
Bought by
531 Arbramar Llc

Purchase Details

Listed on
Oct 10, 2016
Closed on
Nov 23, 2016
Sold by
Tabit Mark
Bought by
Tabit Mark and Tabit Jill Origer
Seller's Agent
Teresa Akerblom
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Teresa Akerblom
Berkshire Hathaway HomeServices California Properties
Sold Price
$5,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 10, 2016
Closed on
Sep 1, 2016
Sold by
The Kerry D Ryan Trust
Bought by
Tabit Mark A and Tabit Jill Origer
Seller's Agent
Teresa Akerblom
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Teresa Akerblom
Berkshire Hathaway HomeServices California Properties
Sold Price
$5,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.78%

Purchase Details

Closed on
Jan 28, 2014
Sold by
Ryan Kerry D
Bought by
Ryan Kerry David and The Kerry D Ryan Trust

Purchase Details

Closed on
Sep 19, 2013
Sold by
Kerry D Ryan Trust
Bought by
Ryan David Mark and Ryan Thomas Richard

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
Manzo Thomas L $6,050,000 California Title Company
531 Arbramar Llc -- None Available
Tabit Mark -- Equity Title Company
Tabit Mark A $2,500,000 Chicago Title Company
Ryan Kerry David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tom And Holly Manzo Trust $4,200,000
Closed Manzo Thomas L $4,500,000
Previous Owner Tabit Mark $1,250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2020 05/04/20 Sold $6,050,000 -5.4% $871 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
03/23/2020 03/23/20 Price Changed $6,395,000 -5.2% $920 / Sq Ft
01/06/2020 01/06/20 For Sale $6,749,000 0.0% $971 / Sq Ft
10/27/2016 10/27/16 Rented $5,000 -13.0% --
10/10/2016 10/10/16 For Rent $5,749 0.0% --
09/08/2016 09/08/16 Sold $2,500,000 +4.4% $1,944 / Sq Ft
08/10/2016 08/10/16 For Sale $2,395,000 -- $1,862 / 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 $78,384 $6,486,819 $3,216,605 $3,270,214
2023 $76,843 $6,359,628 $3,153,535 $3,206,093
2022 $73,231 $6,234,930 $3,091,701 $3,143,229
2021 $72,341 $6,112,678 $3,031,080 $3,081,598
2020 $35,204 $2,913,120 $2,705,040 $208,080
2019 $33,781 $2,856,000 $2,652,000 $204,000
2018 $30,678 $2,550,000 $2,040,000 $510,000
2016 $22,992 $1,915,738 $1,656,855 $258,883
2015 $22,652 $1,886,963 $1,631,968 $254,995
2014 $9,264 $745,870 $650,561 $95,309
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 20-540886

The MLS

APN: 4413-005-008