See Home Value
$11,246,000 - $13,744,000
House - Off Market

435 Marguerita Ave

Santa Monica, CA 90402
bedrooms
6 Beds
bathrooms
9 Baths
square feet
6944 Sqft
Sold May 02, 2000
Transfer
$3,070,000 by Rock Asset Management Inc
Mortgage

About This Property

Newly priced with a major reduction. On an almost half acre gated lot, surrounded by lush, mature greenery for consummate privacy - this beautiful residence is curated for both comfort and entertainment. With vaulted ceilings throughout and unique charm, the thoughtfully designed home features 6 bedrooms and 9 bathrooms seamlessly blending elegance and functionality. The interiors are warm and inviting and include a large living room, two family rooms, den, formal dining room, large, eat-in kitchen, office and two downstairs bedrooms. The second floor features three bedrooms, a large upstairs family room, and a beautiful master suite. Large picture windows bring the ocean breezes and the tranquil views inside. Beyond the interior, the residence seamlessly extends to the outdoors, where an oasis awaits. The meticulously landscaped gardens, complete with a sparkling pool, cabana clubhouse with fireplace and children's playhouse, provide a picturesque backdrop for outdoor gatherings or moments of relaxation. The pergola patio and outdoor kitchen/bbq offer an ideal space for al fresco dining and entertaining, while the sprawling lawns and sports court present endless possibilities for recreational activities and enjoyment. Rarely does such a special property become available on one of Santa Monica's most desirable streets. This unique opportunity is situated within top school districts and is conveniently located just minutes from Ocean Ave., 3rd Street Promenade, Montana Ave, the pier, and Santa Monica's beautiful beaches, providing an idyllic retreat.

The manager has listed the unit size as 6944 square feet.
Unit Size
6,944Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$1,799
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1921

Price History

Date / Event Date Event Price
Mar 1, 2024 No longer available -
No longer available
Jan 14, 2024 No longer available -
No longer available
Jan 12, 2024 Listed $12,495,000
Listed
Dec 1, 2023 Price Decreased $13,995,000
↓ $1M (6.7%)
Price Decreased
Jun 27, 2023 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Tudor
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 21,284
  • Lot Size Depth Feet: 2,170
  • Lot Size Frontage Feet: 980
  • Total Building Area: 6,944
  • Building Area: 6,944
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 6,944
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALISADES
  • Land Acres: 0.489
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE PALISADES LOT/SEC 21 BLK/DIV/TWN H

Ownership

  • Current Owner : DILLMAN RAY
  • Previous Owner : BARBARA FINKELSTEIN WILLIAM
  • Previous Owner 2: BARBARA FINKELSTEIN SCHNITZLER
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 701304

Zoning

  • Zoning: SMR1*

Geography

  • Assessors Map Reference: 40-E5
  • Parcel: 4293-006-025
  • Block: H
  • Lot: 21
  • Municipality: WEST /SANTA MONICA
  • Latitude: 34.0283
  • Longitude: -118.507

    Address

  • Full Address: 435 Marguerita Ave
  • Address - House Number: 435
  • Address - Street Name: Marguerita
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C010
  • 4-Digit Zip Code: 1915
  • Zip Code: 90402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $76,799
  • Tax Rate Code Area: 08-604

    Appraisal Valuation

  • Standard Deviation: 0.2305
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 5,252,682
  • High Value: 6,463,472
  • Low Value: 4,041,893

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,070,000
  • First Open Lien Mortgage Lender: ROCK ASSET MANAGEMENT INC
  • First Open Lien Mortgage Recording Date: Jul 12, 2023
  • First Open Lien Mortgage Loan Amount: $3,070,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,610,939
  • Assessed Land Value: $2,968,051
  • Assessed Improvements Value: $3,642,888

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 13, 2000
  • Current Sale Recording Date: May 02, 2000
  • Current Sale Transaction ID: 1004898211
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 00-0661693

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: May 02, 2000
  • First Mortgage Loan Amount: $3,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone First
  • First Mortgage Loan Due Date: Jun 01, 2030

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
In Contract
Other
Loft
-
7,876 ft²
$1,397/ft²
$11,000,000 Jul 5, 2023
-
-
Other
Loft
-
23,098 ft²
$476/ft²
$10,995,000 Apr 25, 2023
-
-

About North of Montana


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Frequently Asked Questions

When was property at 435 Marguerita Avenue built and last sold?
The property at 435 Marguerita Avenue was built in 1921 and last sold on Mar 13, 2000 for $0.
How much is this home worth?
The estimated value of the home located at 435 Marguerita Avenue is $12,619,950.
What are some comparable homes to 435 Marguerita Avenue?
There are currently no comparable homes to 435 Marguerita Avenue.

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