NOT LISTED FOR SALE

Estimated Value: $7,813,000 - $13,302,161

5 Beds
5.5 Baths
4,492 Sq Ft
$2,207/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $16,423,422 $3,656 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $66,101/month

7 Days on Market

Highlights

  • Detached Guest House
  • Wine Cellar
  • 0.52 Acre Lot
  • Roosevelt Elementary School Rated A+
  • Heated In Ground Pool
  • Craftsman Architecture

About This Home

As of April 2021

Majestic early California Craftsman jewel on over 34,000 square feet (per ass.) of sprawling grounds on historic Georgina Ave, just a block from picturesque Ocean Ave. Painstakingly restored & remodeled with wonderful taste, quality, and sensitivity to the original architecture. All the signature elements of the much sought-after Craftsman style can be found throughout: low pitched gable roofs, wood floors, extensive wood detailing, beautiful built-ins, period tiles, bead board, paneling and wrap around windows. A welcoming front porch leads to a generous entry, formal living room with fireplace and large scaled formal dining room, each with French doors. Opening to the expansive rear yard is a cook's kitchen with breakfast area & large family room with fireplace. There are 4 bedrooms in the main house, including a spacious primary suite with sitting area, FP, terrace, beautiful bath & two furniture grade walk-ins, plus a detached gst hse with bath. Other spaces include an upstairs office/den plus a detached gym. Surrounded by patios, lawn, mature trees gorgeous landscaping & pool/spa, this one-of-a-kind property with unparalleled warmth, character & charm affords the very best Southern California lifestyle. Note: Consists of 2 legal lots, 601 Georgina (11,338 SF) & 607 Georgina (22,788 SF).

Last Listed By

David Offer

Berkshire Hathaway HomeServices California Properties License #01150357 Listed on: 03/30/2021

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $130,433

Year Built

  • 1912

Lot Details

  • 0.52 Acre Lot
  • Property is zoned SMR1*

Home Design

  • Craftsman Architecture

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Entryway
  • Wine Cellar
  • Family Room with Fireplace
  • 3 Fireplaces
  • Family Room on Second Floor
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Home Gym
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 5 Car Detached Garage
  • Side by Side Parking
  • Garage Door Opener

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Open Patio
  • Outdoor Grill

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4293-004-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$130,433

Year Built

1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Lot Acreage: 0.5231
  • Stories: 2
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Year Built: 1912

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom, Family Room
  • Flooring: Stone, Hardwood, Tile
  • Bedrooms: 5
  • Fireplaces: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Dishwasher, Gas Dryer Hookup, Range/Oven, Barbeque, Freezer, Built-Ins, Garbage Disposal, Hood Fan, Refrigerator
  • Fireplace: Yes

Exterior Features

  • Other Structures: Accessory Dwelling Unit, GuestHouse
  • Guest House: Detached
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa: Private, Heated
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Parking Garage: Detached, Door Opener, Private Garage, Side By Side
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4293-004-017
  • Lot Size Area: 34126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2021
Closed on
Apr 19, 2021
Sold by
Worthe Jeffrey M and Worthe Kristin P
Bought by
Brooks Scott
Seller's Agent
David Offer
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Emil Alexander Schneeman
Berkshire Hathaway HomeServices California Properties
List Price
$16,490,000
Sold Price
$16,423,422
Premium/Discount to List
-$66,578
-0.4%
Total Days on Market
7
Current Estimated Value
$9,914,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,508,702
Avg. Annual Appreciation
-12.02%

Purchase Details

Closed on
Feb 21, 2019
Sold by
Worthe Jeffrey M and Worthe Kristin P
Bought by
Worthe Jeffrey M and Worthe Kristin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 3, 2018
Sold by
Gl Homes Trust
Bought by
Worthe Jeffrey M and Worthe Kristin S

Purchase Details

Closed on
Apr 1, 2017
Sold by
Worthe Jeffrey M
Bought by
Brooks Scott and Gl Homes Trust

Purchase Details

Closed on
Sep 9, 2015
Sold by
Worthe Kristin
Bought by
Worthe Family 2015 Trust

Purchase Details

Listed on
Oct 10, 2013
Closed on
Oct 28, 2013
Sold by
Howard Sofie Lena
Bought by
Worthe Kristin and Worthe Jeff
Seller's Agent
Elizabeth Puro
Douglas Elliman of California, Inc.
Buyer's Agent
David Offer
Berkshire Hathaway HomeServices California Properties
List Price
$8,495,000
Sold Price
$8,465,000
Premium/Discount to List
-$30,000
-0.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.33%
Original Mortgage
$5,000,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 5, 2009
Sold by
Howard James Newton and Howard Sofie Lena
Bought by
Howard Sofie Lena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,000
Interest Rate
5.19%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 9, 2006
Sold by
Howard James Newton and Howard Sophie Lana
Bought by
Sofie Howard Trust

Purchase Details

Closed on
Mar 6, 1997
Sold by
Howard James Newton and Howard Sophie Lena
Bought by
Howard James Newton

Purchase Details

Closed on
Apr 23, 1996
Sold by
Norton Peter
Bought by
Howard James Newton and Howard Sofie Lena

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
7.68%

Purchase Details

Closed on
Sep 15, 1994
Sold by
Boccardo John H
Bought by
Norton Peter

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
Brooks Scott $16,423,500 Fidelity National Title Co
Worthe Jeffrey M -- Fidelity National Title
Worthe Jeffrey M -- Accommodation
Brooks Scott -- None Available
Worthe Family 2015 Trust -- None Available
Worthe Kristin $8,465,000 Equity Title Company
Howard Sofie Lena -- Fidelity National Title Co
Sofie Howard Trust -- None Available
Howard James Newton -- --
Howard James Newton -- --
Howard James Newton $3,100,000 Investors Title Company
Norton Peter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Worthe Jeffrey M $475,000
Previous Owner Worthe Jeffrey M $4,000,000
Previous Owner Worthe Kristin $5,000,000
Previous Owner Howard Sofie Lena $442,000
Previous Owner Howard Sofie Lena $499,000
Previous Owner Howard James Newton $661,500
Previous Owner Howard James Newton $683,625
Previous Owner Howard James Newton $1,000,000
Previous Owner Howard James Newton $1,000,000
Previous Owner Howard James Newton $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2021 04/26/21 Sold $16,423,422 -0.4% $3,656 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $16,490,000 +94.8% $3,671 / Sq Ft
12/04/2013 12/04/13 Sold $8,465,000 -0.4% $1,822 / Sq Ft
10/10/2013 10/10/13 For Sale $8,495,000 -- $1,829 / 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 $130,433 $11,216,968 $7,852,939 $3,364,029
2023 $128,360 $10,997,028 $7,698,960 $3,298,068
2022 $126,865 $10,781,400 $7,548,000 $3,233,400
2021 $112,407 $9,586,678 $6,795,049 $2,791,629
2020 $111,655 $9,488,380 $6,725,375 $2,763,005
2019 $110,579 $9,302,334 $6,593,505 $2,708,829
2018 $103,973 $9,119,936 $6,464,221 $2,655,715
2016 $100,325 $8,765,800 $6,213,208 $2,552,592
2015 $99,044 $8,634,130 $6,119,880 $2,514,250
2014 $97,540 $8,465,000 $6,000,000 $2,465,000
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 21-711700

The MLS

APN: 4293-004-017