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$8,305,998Estimated home value

Beds
6
Baths
6.5
sq ft
7,229

515 24th St, Santa Monica, CA 90402

515 24th St

Santa Monica, CA 90402

  • Sold On 11/4/2024
Sited on one of the most coveted blocks North of Montana, this impeccable, designer-done traditional home has it all! Past a private and gated front lawn, a perfectly-proportioned entry greets you with sight lines through to the backyard. From there, the floor plan reveals a sun-filled step-down living room, which flows seamlessly into the formal dining room. A perfectly appointed chef's kitchen offers a giant eat-in island, a walk-in pantry, and is open to the family room, with a custom built-in banquette for more casual dining. French doors lead to a covered pergola and built-in BBQ, with views to the sparkling pool and spa. A cheerful powder room, mud room, and sunny office space complete the main level. Up the staircase, find four ensuite bedrooms and a dedicated laundry room. At the end of the hallway, the gracious primary suite is anchored by a fireplace, with a sitting area, private balcony, and two massive walk-in closets. The lower level offers substantial flex space, a bar, gym space, and two additional ensuite bedrooms. At the end of the long driveway, a garage provides additional storage space, or could one day serve as a luxurious pool house. Beauty, style, quality, and ease define this ultra-liveable home, just moments away from the Brentwood Country Mart, Montana Avenue, and all that Santa Monica has to offer.

Details

Property type

Single Family Residence

Est. home value

$8,305,998

Lot size

8,705 sq ft

Price per sq ft

$1,280

Year built

2009

HOA

No

Price History

11/01/2024
CLAW

CLAW #24435971

Sold
$7,985,000
-13.68%
09/05/2024
CLAW

CLAW #24435971

Listed
$9,250,000
+26.97%
07/28/2021
CLAW

CLAW #21752826

Sold
$7,285,410

Schools & Community

Neighborhood: 

North of Montana

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$6,641,764
Asking price
$9,250,000
Closing costs (~8% of asking)
-$740,000
Est. remaining loan balance
-$1,868,236
Cash to seller
$6,641,764

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

October 2021

Original loan amount

$2,000,000

Est. remaining balance

$1,868,236

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Lauren M Rakusin

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Off Market

Tomo last checked: 11/05/2024 at 5:45 AM

Listing updated: 11/04/2024 at 9:32 PM

Listed by: Jenna Cooper, Compass Phone #: (310) 230-5478

MLS: CLAW #24435971

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