12684 Millennium PV Listing Package

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Our Promise

We are committed to fulfilling our clients’ real estate needs by utilizing our outstanding resources, specialized marketplace knowledge and analytical skills.

We pride ourselves in providing clients a seamless experience when navigating the real estate process, while exceeding their buying and selling expectations.

Our goal is to offer a personalized and professional approach with a commitment to our core values of exceptional service, unparalleled work ethic, reliability and integrity.

From the start, we go above and beyond to ensure our clients’ satisfaction.

Your Money Matters. Hire Experience You Can Trust.

About Me

Fisher Real Estate

With over 16 years of residential real estate expertise, Charles takes a highly dedicated approach to serving his clients throughout the Westside, Los Angeles and South Bay areas.

From starter condos to multi-unit investments, Charles provides creative and engineered solutions through each transaction. He epitomizes a relentless commitment to cultivating strong relationships with his clients and the real estate community. His extraordinary passion to connect clients with the right opportunities drive his daily desire to yield an outstanding level of client service.

RE/MAX Awards: Diamond, Platinum, Chairman & Title Club

Hall Of Fame
RE/MAX
Charles Fisher | RE/MAX Estate Properties
CHARLES FISHER 310-902-7214 | FisherRealEstate.com Charles@FisherRealEstate.com CalBRE#01731424 #2 Remax E.P. Agent 2021 #28 Remax Agent In The Country 2021 #78 Remax Agent Global 2021
Re/Max vs. The Industry RE/MAX 16.3 10.3 8.6 8.0 7.9 7.6 6.8 6.5 6.5 4.7 4.6 4.2 3.9 Reality Executives ERA Coldwell Banker Berkshire Hathaway Homeservices Century 21 Better Homes & Gardens Real Estate Keller Williams Sotheby's International Realty eXp Realty Realty ONE Group Compass HomeSmart Transaction Sides Per Agent 60,522 CA Transaction Sides 110+ CA Transaction Sides Offices In California 345 135,000+ Associates/ Agents Charles Fisher | RE/MAX Estate Properties

The power of re/max estate properties

RE/MAX Estate Properties is an independently owned and operated luxury real estate company spanning the coast of Southern California with 700+ exclusive agents.

Family Owned

Recently named one of LA County’s largest independently owned real estate brokerages

OVER $5 Billion

In annual sales volume with the most productive agents in the nation

Rated #1

In real estate sales volume in the South Bay every single year since 2010

Ranked in top 4

In sales volume for the Greater Los Angeles area year after year

Ranked #4

Largest RE/MAX brokerage nationwide

Ranked #5

Largest RE/MAX brokerage worldwide

Charles Fisher | RE/MAX Estate Properties

Why Fisher Real Estate?

Our main competitive advantage is rooted in the following commitments to our family of clients:

A One-on-One Tailored Approach

Focused on protecting your interests and catering to your needs with a customized and careful approach to pricing, marketing and negotiation

A Transparent Methodology

Transparent communication with our clients about all details related to the transaction with their best interest in mind

Proactive Strategies

Anticipating shifts and proactively identifying potential issues while providing professional guidance throughout the process

A Commitment to Exceptional Quality

Committed to working within your goals while leveraging our top vendor relationships to ensure we showcase your property in the best light possible

Be Local, Think Global

Leveraging our local connections and the RE/MAX network with agents nationally and internationally

Charles Fisher | RE/MAX Estate Properties

Our Pricing Strategy

Assessing the value of your home is a vital part of the selling process which is dictated by current market value and influenced by several key factors:

• Supply and demand

• Economic conditions

• The selling and asking prices of comparable homes with similar criteria in your area

• Interior and exterior condition of the property

• Floor plan layout

• Buyer’s perception of your home

Our pricing approach considers each of the mentioned variables inclusive of our marketplace expertise and a goal to generate the highest level of engagement, interest and showings as soon as the property hits the market.

Those factors with minimal pricing influence to consider include the seller’s expected net proceeds, amount spent on improvements and the price the seller originally paid for the home.

Charles Fisher | RE/MAX Estate Properties

Our Client Testimonials

“I found Charles’ real estate expertise to be top-notch. He’s been doing business and building connections for years. And he called on those connections to negotiate the best subcontractor prices and the highest quality work on my home.

I never expected this level of dedication from a selling agent. Charles could have backed off until the house was ready for sale. Instead, he became my advisor, my “project supervisor”. Charles helped me find subcontractors, worked with them and applied pressure when necessary to get things done in a timely manner. Charles brought in the roofers, landscapers and stagers and made everything come together for a beautiful presentation of a fabulously renovated product. Charles sold that house for a price that EVERYONE said couldn’t be achieved.”

-Sold a SFR

“If you are looking for a realtor, look no further! Charles makes magic happen! YOU WILL NOT FIND A BETTER REALTOR!!!

I cannot say enough good things about Charles Fisher and the service he provided in selling our parents home. My Mom passed away, this house was a family home for over 60 years. We lived about 400 miles away. We needed a full service realtor in the area, to minimize traveling to and from the property. Charles was fantastic in every way.

Unexpectedly, the house was full of Mom’s possessions. Charles took care of everything in a matter of 2 days! Having the house cleared up, cleaned up (inside and out),and sale ready in a matter of days. We never lifted a finger, or had to travel to the area. There were a few challenges during the sale, and I was appreciative of Charles knowledge of the market and advice. The house was in a trust and not having to worry about all the details was invaluable to us.

-Sold a SFR

Charles Fisher | RE/MAX Estate Properties
I can’t thank Charles enough for all his help, advice and availability to us.”
Charles Fisher | RE/MAX Estate Properties

Our Marketing Plan

Property Discovery

• Property Condition Assessment

• Repairs, Decluttering & Cleaning

Pre-Marketing

• Professional Photography

• Aerial Videos

• 360 Property Video

• Stunning Property Brochures

• Floor Plan Drawings

• Local Network Announcements(Largest in the Area)

• Local ‘Coming Soon’ Announcement (Digital & Print)

Internet Marketing

• Inclusion in MLS

• Customized Property Website

• integration within Dozens of Affiliated Websites & Feature Property Highlights

• SEO & Targeted Internet Ad

Media Marketing

• South Bay, Westside and LA Print Ads

• Targeted Social Media Marketing Reaching Over 65,000 People

Direct Marketing

• Targeted Mail Marketing

• Direct Informational Property Postcards

• Featured Property Spread in Direct Neighborhood Magazine Sent to Over 6,500 Properties

Charles Fisher | RE/MAX Estate Properties

Our Consulting Menu

• Painting

• General Contractor

• Locksmiths

• Foundation Inspection

• Staging & Design

• Termite Inspection

• Roofing

• Carpet Installation

• Finance/Lending

• Title Services

• Real Estate Attorneys

• Carpentry

• Designers

• Insurance Services

• Handyman Services

• Moving Services

• Plumbing

• Electrical

• Landscaping

• HVAC & AC

• Windows & Blinds

• Flooring Solutions

• Professional Cleaning Services

• Real Estate Tax Accountants

• Stone & Granite

• Tile Installation

• General Home Inspection

• Declutter & Organization Consultant

• Pool Inspection

• 1031 Exchange (Accomodators)

• Sewer Line Inspection

• Architectural Engineering

Charles Fisher | RE/MAX Estate Properties

Possible Pre-Listing Updates

Getting your home ready to sell is no small feat. A modified space can help you sell your home faster and turn a larger profit. Here are a list of several updates and repairs you can consider making on your property.

We provide an extensive list of trades and service providers who can assist every step of the way.

Kitchen

Start with the room where you spend most of your time: the kitchen. An updated kitchen is high on everyone’s list. And while some homebuyers are willing to renovate to mold it into their dream space, others are not. Homebuyers want a high-functioning, spacious, and organized cook space.

It might only take a few updates to freshen up the kitchen and attract buyers:

• Install new hardware

• Purchase shiny, new appliances

• Install updated and/or additional lighting

• Apply a fresh coat of paint to the walls (and maybe the cabinets, too)

Bathroom

Focus on these bathroom details:

• Replace old fixtures

• Install a new vanity

• Recaulk the shower

• Replace tiles

• Replace flooring

Charles Fisher | RE/MAX Estate Properties

Continued Updates...

Exterior Updates

Freshening up your home’s curb appeal doesn’t have to break the bank. A handful of small projects can help grab the attention of potential home buyers.

Easy home exterior updates:

• Apply a fresh coat of paint

• Plant vibrant, healthy landscaping

• Replace broken railings

• Fix cracks in the cement

• Pressure wash the exterior of the home and pavement (driveway, sidewalk, porch)

Other Home Repairs & Updates

• Fresh interior paint

• Clean or replace flooring

• Replace hardware

• Patch the walls

• Replace light bulbs

• Install new appliances

• Replace torn window screens

• Fix hidden issues

• Deep clean entire home

Charles Fisher | RE/MAX Estate Properties

Digital Exposure

25,000+ broker and agent websites

Your Listing

Social Ads

• Google

• Instagram

• Facebook

Monthly Newsletters

Personalized newsletter sent out twice a month to over 3,500 subscribers

Custom Property Sites

Sleek websites to showcase a detailed overview of properties.

Your listing reaches 155,000+ real estate professionals across California, including 110,000+ CRMLS users and 45,000 additional agents, brokers, appraisers, and more from data share partners.

But your exposure doesn’t have to end there.

Charles

25,000+ broker and agent websites

Fisher | RE/MAX Estate Properties

Social Ads

Charles Fisher | RE/MAX Estate Properties

More Exposure

Our listings get more exposure!

65,000

6,500 People reached via targeted social media ads Properties on our mailing list

High Profile Print and Digital Advertising

Custom Targeted Mailings

Property Inclusion

maximizing exposure of your home across the South Bay, Westside and Los Angeles areas to increase visibility within a specified area within our newsletter to local subscribers

Charles Fisher | RE/MAX Estate Properties
Custom Property Sites All the pertinent information in one easy space. • About Your City • Floorplan • Custom 360 Virtual Tour • Property Video • Sleek Web Design • High-End Photography • Property Specs & Description Charles Fisher | RE/MAX Estate Properties www.13080playavista.com www.720oak.com Check out these sites

Professional Copywriters

1250 CORONA ST.

Seamlessly blending modern contemporary design with comfort and functional elegance, this fully remodeled home will have you falling in love the moment you enter. Walk past the spectacular front porch, through the Italian Porcelain tile floored hallway as you feel greeted by the abundance of natural light seeping throughout. The first bedroom, separate office nook and primary bedroom all sit at the front of the home each with engineered hardwood floors, ample storage space and large upgraded windows allowing for copious sunlight.

The enchanting remodeled bathroom is complete with calacatta quartz countertops and a Restoration Hardware vanity, adjacent to the barn doors opening to the side by side laundry area with hook ups. The sleek gourmet chef’s kitchen features a beautiful calacatta quartz 9 ½ foot countertop island, Italian high gloss white cabinets/pantry and Bertazzoni Italian appliance suite which includes a Gourmet 36” free standing range, 36” fridge, dishwasher and hood insert. Enjoy al fresco dining all Summer long with astounding black iron exterior doors leading out to the private backyard equipped with a 41”-4 burner built-in BBQ grill including an island, fridge, storage space and a custom patio cover with LED lighting. The salt water pool and spa, separate side synthetic turf area and outdoor rain shower make for a perfectly encompassing indoor-outdoor entertaining space that is pre-wired for tv hook up and outdoor speaker. Designer details elevate the home with additional features including forced air heating system with Nest thermostat control (A/C ready), LED recessed lights throughout, Coax/Cat 6 pre-wired in each bedroom/living area, pre-wired for cameras, new lighting fixtures and a 5.1 entertainment speaker system in living area. In the heart of everything, don’t miss this opportunity to enjoy beach living at its finest in this peaceful utopian sanctuary.

Professional Home Stagers

Increase selling price, decrease selling time.

Home staging showcases your home in its best light, making all the difference when selling your property.

Charles Fisher | RE/MAX Estate Properties

The Property

Charles
| RE/MAX Estate Properties
Fisher
Charles
| RE/MAX Estate Properties
Fisher
12684 Millennium, Playa Vista, CA 90094
• Year Built: • County Land Use: • Laundry: • Cooling Type: • Heat Type: • Parking: Charles Fisher | RE/MAX Estate Properties Property Overview 12684 Millennium, Playa Vista, CA 90094 4 Bed 4 Bath 2017 SFR Inside Central Central 2 Car Garage 2,430 Sqft. / 3,400 Sqft. 14,243 Sqft. Lot

Sales Comparable Map

Charles Fisher | RE/MAX Estate Properties
Charles Fisher | RE/MAX Estate Properties 1. 2. 3. 4. 5.
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Sales Comparables Charles Fisher | RE/MAX Estate Properties Charles Fisher | RE/MAX Estate Properties Closed • Single Family Residence List / Sold: $3,500,000/$3,500,000 12618 Millennium Dr • Playa Vista 90094 0 days on the market 5 beds, 3 full baths, 1 partial baths • 3,639 sqft • 11,601 sqft lot • $961.80/sqft • Built in 2019 Listing ID: 22164401 From the 405, take the 90, exit Centinela Avenue and turn left. Continue on to Campus Center Drive and turn right on Millennium Drive. Turn left on to Village Drive. Sold Before Processing, Entered for Comps Purposes Only. Facts & Features • Sold On 06/07/2022 • Original List Price of $3,500,000 • 2 Garage spaces • 2 Total parking spaces • Laundry: Washer Included, Dryer Included • Cooling: Central Air • Heating: Central • Pool: Community • Spa: Community • View: Bluff, City Lights Interior • Rooms: Bonus Room, Walk-In Closet, Wine Cellar • Appliances: Barbecue, Dishwasher, Disposal, Microwave, Refrigerator, Trash Compactor Exterior Additional Information • Standard sale • $361 HOA dues Monthly • Buyer Agency Compensation: 2 25% • C39 - Playa Vista area • Los Angeles County • Parcel # 4211037250 Sylvette Mascioni Re/Max Estate Properties State License #: 02094342 State License #: 01879720 Cell Phone: 310-621-0072 1401 Highland Ave Manhattan Beach, 90266 CUSTOMER FULL: Residential LISTING ID: 22164401 Printed: 07/26/2023 5:10:05 PM

Exterior

• Laundry: Washer Included, Dryer Included, Inside, Individual

Charles Fisher | RE/MAX Estate Properties Charles Fisher | RE/MAX Estate Properties Closed • Single Family Residence List / Sold: $3,500,000/$3,500,000 12868 HAMMOCK Ln • Playa Vista 90094 0 days on the market 5 beds, 5 full baths, 1 partial baths • 3,810 sqft • 13,934 sqft lot • $918.64/sqft • Built in 2014 Listing ID: 22157109 Runway to Hammock Lane Sold Before Processing, Entered for Comps Purposes Only Facts & Features
Sold On 05/13/2022
Sales Comparables
Original List Price of
$3,500,000
Room
Cooling: Central Air
Heating: Central
Fireplace: Patio
Pool: Association
Spa: Association
Pantry
View: Courtyard Interior • Rooms: Living Room, Master Bathroom, Walk-In Closet, Walk-In
• Appliances: Barbecue, Dishwasher, Refrigerator
Additional
Information
Standard sale
HOA
Monthly
Buyer Agency Compensation:
C39 - Playa Vista area
Los Angeles County
Parcel # 4211037140
Mascioni Re/Max Estate Properties State License #: 02094342 State License #: 01879720 Cell Phone: 310-621-0072 1401 Highland Ave Manhattan Beach, 90266 CUSTOMER FULL: Residential LISTING ID: 22157109 Printed: 07/26/2023 5:10:06 PM
• $285
dues Monthly plus $75
2 25% •
Sylvette
Sales Comparables Charles Fisher | RE/MAX Estate Properties Charles Fisher | RE/MAX Estate Properties Closed • Single Family Residence List / Sold: $3,429,000/$3,375,000 12654 Millennium Dr • Playa Vista 90094 0 days on the market 4 beds, 3 full baths, 2 partial baths • No Sqft data • 0 sqft lot • No $/Sqft data • Built in Listing ID: 22172127 Village Drive to Millennium Drive Sold Before Processing, Entered for Comps Purposes Only Facts & Features • Sold On 05/18/2022 • Original List Price of $3,429,000 • Laundry: Washer Included, Dryer Included • Cooling: Central Air • Heating: Central • Pool: Community • Spa: Community Interior • Rooms: Walk-In Closet, Two Masters, Office, Master Bathroom, Loft, Living Room, Jack & Jill, Formal Entry, Entry, Family Room • Appliances: Dishwasher, Disposal, Microwave, Refrigerator Exterior Additional Information • Standard sale • $285 HOA dues Monthly plus $80 Monthly • Buyer Agency Compensation: 2 5% • C39 - Playa Vista area • Los Angeles County • Parcel # UNAVAILABLE Sylvette Mascioni Re/Max Estate Properties State License #: 02094342 State License #: 01879720 Cell Phone: 310-621-0072 1401 Highland Ave Manhattan Beach, 90266 CUSTOMER FULL: Residential LISTING ID: 22172127 Printed: 07/26/2023 5:10:06 PM

Sales Comparables

Stunning light filled 5 bedroom home at the Collection in Playa Vista! Offering amazing entertaining space and California essential indoor/outdoor living. As you walk in you will be wowed at the open living area with tall ceilings and beautiful light wood flooring. The floor to ceiling windows bring in incredible natural light and views of the impeccably manicured landscaping that allows for great privacy. The perfect bright white kitchen includes a huge kitchen island with quartz countertops, WOLF and Sub Zero stainless steel appliances plus abundant cabinet space. This floor also includes a powder room and the large 2 car garage with extra storage built-in. Access the serene side yard with a fountain through the glass pocket doors off of the living space. Take either the stairs or elevator up to the 2nd level where you will find 3 exquisite bedrooms and the laundry room. The luxurious primary suite with private balcony leads to the ensuite bathroom with beautiful finishes, dual vanities, stand-up shower and huge soaking tub. The expansive walk-in closet is completely built out. Two additional large bedrooms with a jack and jill bathroom are down the hall. The 3rd floor includes the ultimate entertainer's space plus two bedrooms and a full bath. The outdoor and indoor living areas on this level meld together to create the perfect environment to relax or entertain. On the outdoor deck you'll find a large bar with sink, fire pit, and built-in TVs. The indoor living room has a built in media center, surround sound, beverage refrigerator and bar. Located a block away from the Cinemark Movie Theater, Whole Foods, Runway shopping and dining, the Resort gym and pool, and so much more. No Mello Roos!

Facts & Features

• Sold On 03/08/2022

• Original List Price of $3,249,000

• Levels: Three Or More

• 2 Garage spaces/Attached Garage

• 2 Total parking spaces

Interior

• Rooms: Master Bathroom, Walk-In Closet, Great Room, Family Room

• Eating Area: Dining Room, Breakfast Counter / Bar

Exterior

• Security Features: 24 Hour Security, Carbon Monoxide Detector(s), Fire and Smoke Detection System

Additional Information

• Standard sale

• $75 HOA dues Monthly plus $285 Monthly

• Buyer Agency Compensation: 2 5%

• Laundry: Washer Included, Dryer Included, Individual Room, Inside

• Cooling: Central Air

• Heating: Central

• Fireplace: Fire Pit

• Patio: Covered

• Pool: Association

• Spa: Association

• View: Park/Greenbelt

• Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Built-In, Range, Range Hood, Oven

• Other Interior Features: Elevator, Dry Bar, Wet Bar, Open Floorplan, Living Room Balcony

• C39 - Playa Vista area

• Los Angeles County

• Parcel # 4211037232

Charles Fisher | RE/MAX Estate Properties Charles Fisher | RE/MAX Estate Properties Closed • Single Family Residence List / Sold: $3,249,000/$3,249,000 12638 Sunrise Pl • Playa Vista 90094 5 days on the market 5 beds, 3 full baths, 1 partial baths • 3,639 sqft • 9,981 sqft lot • $892.83/sqft • Built in 2018
ID: 22131813 South of Millennium Drive and West of Westlawn Ave
Listing

Sales Comparables

Exquisite, contemporary single-family home in The Collection at Playa Vista and the heart of Silicon Beach Extensively upgraded, this customized "beachy" beauty epitomizes Southern California living with outdoor entertaining spaces on every level. Enter on the main level to an entertainer's dream, where the open concept floor plan with soaring ceilings and wideplank wood flooring features a generous living space. The gourmet chef 's kitchen features Wolf and Sub-Zero appliances, designer tile backsplash, center island, and a custom, upgraded butler's pantry with additional cabinetry and storage. Just off the kitchen, expansive folding doors expose a thoughtfully designed outdoor oasis including a finished patio and serenely landscaped private yard with plaza lights to illuminate the late summer evenings. Back inside, take the elevator or stairs to the second-floor and the sumptuous primary suite. Relax and unwind after a long day in the luxurious spa retreat, boasting a large, walk-in shower and soaking tub. The oversized walk-in closet is practically a room unto itself, and is fit for the true fashionista! Outfitted with California Closets custom built-ins, it includes a central island with additional storage, and a triple dressing mirror to assure you are always dressed to impress. This extravagantly appointed dressing area has been expanded from the original developer floor plan to create a truly awe-inspiring experience. Head up to the third floor to a spacious and flexible loft, equipped with a home theater system, that is currently utilized as a bonus family room plus separated office, yet could serve as an additional bedroom or gym depending on the user's needs. Escape outside to the third level veranda to enjoy bluff and palm tree views and ample living and dining space that can be enclosed via Sunbrella curtains for private relaxation amid the ocean breezes of Silicon Beach. This sophisticated smart home is fully equipped with Lutron remote window coverings, and is situated in Playa Vista's best location, near numerous parks and parklettes, fabulous restaurant and shopping options, the cinema, and Whole Foods! HOA dues include access to The Resort, a state-of-the-art fitness center with sparkling pool, cable and internet, and a convenient beach shuttle. This designer offering truly is the best of Silicon Beach living.

Facts & Features

• Sold On 11/07/2022

• Original List Price of $3,495,000

• Levels: Three Or More

• 2 Garage spaces/Attached Garage

• 3 Total parking spaces

Interior

• Rooms: Master Bathroom, Walk-In Closet, Great Room, Family Room

• Eating Area: Breakfast Counter / Bar, Dining Room

Exterior

• Security Features: 24 Hour Security, Carbon Monoxide Detector(s), Fire and Smoke Detection System

Additional Information

• Laundry: Washer Included, Dryer Included, Individual Room, Inside

• Cooling: Central Air

• Heating: Central

• Patio: Covered

• Pool: Association

• Spa: Association

• View: Bluff, Park/Greenbelt, Courtyard

• Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Built-In, Range Hood, Range, Oven

• Other Interior Features: Ceiling Fan(s), Elevator, Living Room Balcony, Recessed Lighting, High Ceilings

• Sewer: Other

Charles Fisher | RE/MAX Estate Properties Charles Fisher | RE/MAX Estate Properties Closed • Single Family Residence List / Sold: $3,495,000/$3,300,000 12650 Sunrise Pl • Playa Vista 90094 23 days on the market 3 beds, 5 full baths • 3,639 sqft • 10,024 sqft lot • $906.84/sqft • Built in 2018 Listing ID: 22200857 South of Millennium Drive and West of Westlawn Ave.

Sales Comparables

• Standard sale

• $275 HOA dues Monthly plus $295 Monthly

• Laundry: Washer Included, Dryer Included, Individual Room

• Cooling: Central Air

• Heating: Central, Forced Air

• Fireplace: Gas, Living Room, Master Bedroom

• Pool: Community

• Spa: Community

• Appliances: Dishwasher, Disposal, Microwave, Refrigerator

• Other Interior Features: Ceiling Fan(s)

Charles Fisher | RE/MAX Estate Properties Charles Fisher | RE/MAX Estate Properties Closed • Single Family Residence List / Sold: $3,300,000/$3,240,125 13076 Kiyot Way • Playa Vista 90094 0 days on the market 5 beds, 4 full baths, 1 partial baths • 3,830 sqft • 38,462 sqft lot • $845.99/sqft • Built in 2006 Listing ID: 22220153 West of Sea Walk, South of Pacific Promenade Off-Market Sale Posting is for Comparable purposes only
&
Facts
Features
11/21/2022
Sold On
Original List Price of $3,300,000
Interior
Closet
• Rooms: Bonus Room, Formal Entry, Family Room, Guest/Maid's Quarters, Living Room, Two Masters, Walk-In
Exterior Additional Information
• Buyer Agency Compensation: $1
-
• C39
Playa Vista area • Los Angeles County
• Parcel # 4211026132
Re/Max Estate Properties State License #: 02094342 State License #: 01879720 Cell Phone: 310-621-0072 1401 Highland Ave Manhattan Beach, 90266 CUSTOMER FULL: Residential LISTING ID: 22220153 Printed: 07/26/2023 3:42:37 PM
Sylvette Mascioni

Sales Comparables

Exquisitely appointed home elegantly remodeled to the highest standards in the heart of Playa Vista This stunning 3 Bd, Den/ Gym and 4 bath home is an entertainers dream with every luxurious custom feature the most discerning Buyer could wish for Smart home operated by "Get Wired Tec" controls, climate, media, lighting and security system. Custom kitchen offers Stone Quartzite Counters and large Island, Custom cabinets, Sub zero refrigerator, Tuscany Viking stove, Wolf Steam Oven and Wolf appliances makes for the dream cooks kitchen. Large open Living room w/ custom bar 2 Sub Zero refrigerators, RH lighting throughout, Engineered walnut floors, built in surround speakers and large panel fireplace opens to large patio area with retractable sliding doors creating a perfect indoor/ outdoor experience. Dining room with 100 bottle Sub Zero refrigerator and additional patio for outside dining. Enchanting Master bedroom encompasses the whole second floor with large walk in closet, Stand alone bathtub, Imported Calcutta Marble counters from Tuscan quarry. 3rd floor offers two additional Bedrooms w/ ensuite bathrooms and private patio. Additional Den for office, TV room or Gym. South facing private rooftop deck with gorgeous sunset views. So many custom features to list in this one of kind property. Oversized 2 car garage and situated in the center of the Play Vista vibrant community in the heart of Silicon Beach with the Runway, CenterPoint fitness and pools, Concert park and exceptional dining choices just a short walk away.

Facts & Features

• Sold On 06/20/2023

• Original List Price of $2,995,000

Interior

• Rooms: Den

Exterior

Additional Information

• Standard sale

• $463 HOA dues Monthly plus $285 Monthly

• Buyer Agency Compensation: 2 5%

Sylvette Mascioni

State License #: 02094342

Cell Phone: 310-621-0072

• Laundry: Dryer Included

• Cooling: Central Air

• Heating: Central

• Fireplace: Den, Fire Pit

• View: City Lights

• Appliances: Barbecue, Dishwasher, Disposal, Microwave

• C39 - Playa Vista area

• Los Angeles County

• Parcel # 4211029213

Re/Max Estate Properties

State License #: 01879720

1401 Highland Ave Manhattan Beach, 90266

Charles Fisher | RE/MAX Estate Properties Charles Fisher | RE/MAX Estate Properties Closed • Single Family Residence List / Sold: $2,995,000/$3,000,000 13017 Discovery Creek • Playa Vista 90094 10 days on the market 3 beds, 4 full baths • 3,880 sqft • 80,189 sqft lot • $773.20/sqft • Built in 2005 Listing ID: 23252777 Lincoln to Bluff Creek Drive, turn left on S Para Way then right onto Discovery. Home will be on left side.
CUSTOMER FULL: Residential LISTING ID: 23252777 Printed: 07/26/2023 3:42:37 PM

Sales Comparables

Listing

Rare opportunity for an absolutely stunning Collection home! This property is a dream combining modern design with luxurious finishes and amenities The home's sprawling, open main floor seamlessly combines the kitchen, dining, and living with sliding glass doors to a tranquil balcony overlooking the gorgeous Bluff views The sophisticated gourmet kitchen boasts upgraded marble counters & backsplash, large waterfall island, top-of-the-line stainless steel appliances, extensive cabinetry, wine fridge, and contemporary light fixtures. The primary suite is a serene escape with a wall of windows highlighting the vistas like a work-of-art and spa-style en suite bath with dual vanities, marble details, gorgeous tile backsplash, glass shower and boutique worthy walk-in closet. Additional amenities include well-appointed guest rooms, custom powder room with black marble counter, wide plank hardwood floors, custom automatic blinds, smart home technology (iPad controlling curtains, lights, and security cameras), custom closets, surround sound, smart toilets, laundry room with sink, custom outdoor dog bathing station, direct access two-car garage with built-ins & epoxy floors, and third exterior parking space. Enjoy the beautiful California sunshine in the outdoor spaces featuring hardscape on the front and side yard. Truly a premier Silicon Beach location, this home is just a stone's throw from Bluff Creek dog parks, the shops at Runway, the Resort, and much more!

Facts & Features

• Sold On 05/26/2023

• Original List Price of $3,049,000

• 2 Garage spaces/Attached Garage

• 3 Total parking spaces

Interior

• Rooms: Living Room, Master Bathroom, Walk-In Closet

Exterior

Additional Information

• Standard sale

• $285 HOA dues Monthly plus $76 Monthly

• Buyer Agency Compensation: 2 5%

Sylvette Mascioni

State License #: 02094342

Cell Phone: 310-621-0072

• Laundry: Washer Included, Dryer Included, Inside, Individual Room

• Cooling: Central Air

• Heating: Central

• Pool: Association

• Spa: Association

• View: Bluff

• Appliances: Dishwasher, Disposal, Microwave, Refrigerator

• C39 - Playa Vista area

• Los Angeles County

• Parcel # 4211040084

Re/Max Estate Properties

State License #: 01879720

1401 Highland Ave Manhattan Beach, 90266

Charles Fisher | RE/MAX Estate Properties Charles Fisher | RE/MAX Estate Properties Closed • Single Family Residence List / Sold: $3,049,000/$2,900,000 12667 Bluff Creek Dr • Playa Vista 90094 44 days on the market 4 beds, 3 full baths, 1 partial baths • 2,688 sqft • 10,778 sqft lot • $1078.87/sqft
Built in 2019
ID:
On Bluff Creek Drive between Village Drive and Westlawn Ave
23245495
CUSTOMER FULL: Residential LISTING ID: 23245495 Printed: 07/26/2023 3:42:37 PM

Sales Comparables

Welcome to this stunning modern single-family home in Playa Vista's Bluff Creek neighborhood Surrounded by lush greenery and trees, this home offers a luxurious oasis you will call your own The convenient elevator makes moving between floors a breeze, and the open-concept design of the entire home, along with high vaulted ceilings, creates a luxurious and airy feel The first-floor features balconies that are perfect for entertaining and let in plenty of natural sunlight, along with a built-in bar and wine cooler with ample cabinet space. The second floor offers an open-concept kitchen with plenty of storage space, stainless steel appliances, and two balconies that add to the home's open feel. The third floor is home to a luxurious master suite with a balcony and modern accent panel wall. The master bathroom features a large soaking tub, double sinks, a walk-in shower, and a walk-in closet. Two additional bedrooms share a well-appointed bathroom, and the walk-in laundry room has a stacked washer and dryer, sink, and plenty of storage space, including a drying rack. This stunning property in Playa Vista boasts exceptional community amenities, including two state-of-the-art gyms, five sparkling pools, dog parks, a public library, and parks. Residents can enjoy various dining and shopping options, including the popular Cinemark Movie Complex, Whole Foods, HopDoddy, and Sol Cocina. Coffee aficionados can indulge in their favorite brew at Blue Bottle, Coffee Bean, or Starbucks. Don’t miss the fantastic farmers market each Saturday morning, rain or shine! Conveniently located near LAX, Marina del Rey, Santa Monica, and major freeways. This stunning modern home in Playa Vista's Bluff Creek neighborhood is a must-see.

Facts & Features

• Sold On 06/14/2023

• Original List Price of $2,699,000

• Levels: Three Or More

• 2 Garage spaces/Attached Garage

• 3 Total parking spaces

• Assessments: Unknown

• $0 (Unknown)

Interior

• Rooms: All Bedrooms Up

Exterior

• Lot Features: Park Nearby

• Security Features: 24 Hour Security, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Security System, Smoke Detector(s), Wired for Alarm System

• Laundry: Dryer Included, Individual Room, Upper Level, Stackable, Washer Included

• Cooling: Central Air

• Heating: Central

• Patio: Concrete

• Pool: Association

• Spa: Association

• View: Bluff, Courtyard

• Appliances: Built-In Range, Convection Oven, Dishwasher, Double Oven, Freezer, Disposal, Hot Water Circulator, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan, Water Line to Refrigerator

• Other Interior Features: 2 Staircases, Balcony, Bar, Elevator, Granite Counters, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting

• Sewer: Public Sewer

Charles Fisher | RE/MAX Estate Properties Charles Fisher | RE/MAX Estate Properties Closed • Single Family Residence List / Sold: $2,699,000/$2,810,000 5834 Seahorse Ct • Playa Vista 90094 21 days on the market 3 beds, 3 full baths, 1 partial baths • 2,632 sqft • 38,691 sqft lot • $1067.63/sqft • Built in 2014 Listing ID: OC23055550 Right onto S Seaglass Cir then Right onto Seahorse Ct
Additional Information

Sales Comparables

3 beds, 3 full baths, 1 partial baths • 3,820 sqft • 80,189 sqft lot • $731.68/sqft

• Built in 2005

Lincoln to Bluff Creek Dr. Left of S Para Way then Right onto Discovery.

Listing ID: 23232671

Stunning contemporary home elegantly remodeled to the highest standards in the heart of Playa Vista This 3 Bd, Den/ Gym and 4 bath home is an entertainers dream with every luxurious custom feature the most discerning Buyer could wish for Beautiful entry way with curved wall leading, to exceptional custom chef 's kitchen with 2 Islands to accommodate the largest of gatherings Sub zero Pro clear panel Refrigerator, Wolf built in Coffee maker, Water works quartz Island and over sized Marble counter Island with seating for 4. Sub zero 102 Wine bottle refrigerator. 2 dishwashing machines. Wolf Six burner + griddle, two oven, dual-fuel range. Opens to large Family room with walnut floors and large expansive windows providing plenty of light for this large home. Remote Lutron blinds installed in Family room and Master Bath. Beautiful outside patio with large dramatic fireplace provides a great entertaining space situated off the Family Room. Elevator access to every floor. Second level has a large office/ Gym area with two en-suite bedrooms either side and laundry room. Huge Master suite with fireplace, balcony and seating area encompasses the entire 3rd floor with access to panoramic rooftop deck. Exquisite Master bathroom with Kalista tub, two vanities span the width of the bathroom w/ Imported Arabescato counters. Too many custom features to list makes this an exquisite experience to view this home. Oversized 2 car garage and situated in the center of the Play Vista. Vibrant community in the heart of Silicon Beach with the Runway, CenterPoint fitness, pools, Concert park and exceptional dining choices just a short walk away.

Facts & Features

• Sold On 04/19/2023

• Original List Price of $2,795,000

Interior

Exterior

Additional Information

• Standard sale

• $463 HOA dues Monthly plus $285 Monthly

• Buyer Agency Compensation: 2 5%

Sylvette Mascioni

State License #: 02094342

Cell Phone: 310-621-0072

• Laundry: Dryer Included, Inside

• Cooling: Central Air, Dual

• Heating: Central

• Fireplace: Gas, Gas Starter, Fire Pit

• View: City Lights

• Appliances: Dishwasher, Disposal, Microwave

• C39 - Playa Vista area

• Los Angeles County

• Parcel # 4211029214

Re/Max Estate Properties

State License #: 01879720

1401 Highland Ave Manhattan Beach, 90266

Charles
| RE/MAX Estate
Charles
RE/MAX Estate Properties Closed • Single Family Residence
/
Fisher
Properties
Fisher |
List
Sold: $2,795,000/$2,795,000 13015 Discovery Creek Dr • Playa Vista 90094 23 days on the market
CUSTOMER FULL: Residential LISTING ID: 23232671 Printed: 07/26/2023 3:42:37 PM

Sales Comparables

Turnkey Highly upgraded tri-level free standing single family home with 4 bedrooms, 3 1/2 baths, 2-car attached garage plus 1 car port and a personal interior elevator New interior paint, new carpet, re-finished countertops, re-finished showers and bathrooms The fabulous entryway welcome you into the spacious ground level junior master bedroom with 3/4 bath and a accordion sliding door lead to beauty side yard Great room, entertainment center and kitchen occupy the entire second floor with Silestone counter tops, full Silestone back splash, highly upgraded Bosch stainless steel built-in refrigerator, dishwasher, microwave, double ovens and five burner cooktop. Third floor consists of master bedroom with spacious bathroom and walk-in closet along with 2 secondary bedrooms and a full bath to share plus laundry room with plenty cabinet space. Platinum LEED certified building equipped with 9-panels solar system that is paid for and tankless water heater. This residence is located at the center of Playa Vista, walking distance to everything Playa Vista has to offer, including 2 club houses, Runway shopping center, library, Whole food market, theater, restaurants, Cedars Sinai medical center, 29+ parks and green belts, offices, school and so much more. Convenient to LAX, Marina Del Rey, Santa Monica and Venice Beach.

Facts & Features

• Sold On 03/14/2023

• Original List Price of $2,899,990

• Levels: Three Or More

• 2 Garage spaces/Attached Garage

• 3 Total parking spaces

• 1 Total carport spaces

• Assessments: Special Assessments

• $290 (Assessor)

Interior

• Rooms: Entry, Family Room, Great Room, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Suite, Media Room, Multi-Level Bedroom, Recreation, Two Masters, Utility Room, Walk-In Closet, Walk-In Pantry

• Eating Area: Breakfast Counter / Bar, Breakfast Nook, In Family Room, In Kitchen, Separated

• Laundry: Gas Dryer Hookup, Individual Room, Inside, Upper Level, Washer Hookup

• Cooling: Central Air, Electric, ENERGY STAR Qualified

Equipment, Heat Pump, High Efficiency

• Heating: Central, Heat Pump, High Efficiency

• Fireplace: Outside, Gas, Gas Starter

• Patio: Concrete, Covered, Deck, Front Porch, Slab

• Pool: Association, Gunite, Heated, In Ground, Lap, Permits

• Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Electric Oven, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Disposal, Gas Cooktop, Gas Water Heater, High Efficiency Water Heater, Hot Water Circulator, Ice Maker, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan, Water Line to Refrigerator

• Other Interior Features: 2 Staircases, Balcony, Bar, Block Walls, Built-in Features, Dry Bar, Dumbwaiter, Elevator, High Ceilings, Living Room Balcony, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Storage, Sump Pump, Sunken Living Room, Wired for Data, Wired for Sound

Exterior

• Lot Features: 11-15 Units/Acre, Back Yard, Front Yard, Garden, Landscaped, Level with Street, Rectangular Lot, Level, Park Nearby, Paved, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer

• Security Features: Carbon Monoxide Detector(s) Fire and

• Sewer: Public Sewer

• Other Exterior Features: Lighting, Rain Gutters

Charles Fisher | RE/MAX Estate Properties Charles Fisher | RE/MAX Estate Properties Closed • Single Family Residence List / Sold: $2,899,990/$2,750,000 5825 W. Seaglass Circle • Playa Vista 90094 95 days on the market 4 beds, 3 full baths, 1 partial baths • 2,757 sqft • 37,434 sqft lot • $997.46/sqft • Built in 2014 Listing ID: TR22239015 Intersection of Discovery and Dawn Creek.

Sales Comparables

12673 Bluff Creek Dr • Playa Vista 90094 35 days on the market

3 beds, 3 full baths, 1 partial baths • 2,624 sqft • 9,379 sqft lot • $1018.23/sqft

• Built in 2019

Listing ID: 22174225

From I-405, exit Jefferson Blvd. Head west on Jefferson Blvd towards Marina del Rey/Playa del Rey/Playa Vista. Turn Left at Westlawn Avenue. Turn Right at Bluff Creek Drive. Home is 12673 on the right side.

Beautiful Collection 1X home in Playa Vista, the heart of Silicon Beach! Location in Phase 2, on Bluff Creek Drive Remarkable 3-bedroom home with elevator has unobstructed views of the beloved LMU Bluffs (facing south) and an abundance of natural light This modern-style, detached home features 2624 total SF on 3 levels with private 2-car garage plus an additional guest parking space. Extensive builder upgrades throughout, with light-colored hardwood floors, counters and cabinets. Has 2 separate balconies and a large patio for outdoor dining. This is a must see! Built in 2019, across from Bluff Creek Dog Park and one of the last homes to be built in Playa Vista! Very low HOA and no Mello-Roos! HOA includes pool/gym access, cable, internet and home security. 24/7 bike security team patrols the neighborhood. Walk to Playa Vista retail including Whole Foods, Cinemark, Free Market, Bull & Butterfly, Sol Cocina, SenderOne, Loqui, Blue Bottle, Tocaya Organica, Hopdoddy, CVS, plus Concert Park Shoppes and new retailers & restaurants coming soon! Playa Vista is home to these offices: Google, YouTube, Facebook, Yahoo!, The Honest Company, Tencent, Nike, Electronic Arts, VinFast, 72andSunny, WeWork and more.

Facts & Features

• Sold On 08/26/2022

• Original List Price of $2,700,000

• Levels: Multi/Split , Three Or More

• 2 Garage spaces/Attached Garage

• 2 Total parking spaces

Interior

• Rooms: Walk-In Closet, Master Bathroom, Living Room

• Eating Area: Dining Room

Exterior

• Lot Features: Landscaped

• Security Features: 24 Hour Security, Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)

Additional Information

• Standard sale

• $85 HOA dues Monthly plus $285 Monthly

• Los Angeles Unified School District

• Buyer Agency Compensation: 2 5%

Sylvette Mascioni

State License #: 02094342

Cell Phone: 310-621-0072

• Laundry: Washer Included, Dryer Included

• Heating: Central

• Pool: Association, Heated, In Ground, Lap, Community

• Spa: Association, Community, Heated, In Ground

• View: Bluff, Trees/Woods

• Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Vented Exhaust Fan, Oven, Gas Cooktop, Gas Range, Range, Range Hood

• C39 - Playa Vista area

• Los Angeles County

• Parcel # 4211040083

Re/Max Estate Properties

State License #: 01879720

1401 Highland Ave

Manhattan Beach, 90266

Charles
Closed • Single Family Residence
Charles Fisher | RE/MAX Estate Properties
Fisher | RE/MAX Estate Properties
List / Sold: $2,700,000/$2,671,825

Pricing Analysis

Quick CMA Report

Charles Fisher | RE/MAX Estate Properties
Br/Ba Sqft LSqft List Price Sold Price $/Sqft Total Listings: Total on Market: Sold/Exp Ratio: 12 0 0.00 Maximum: Minimum: Average: Median: 5/6 3/4 4/4 4/4 3,880 2,624 3,360 3,639 80,189 0 28,389 12,768 $3,500,000 $2,699,000 $3,134,249 $3,149,000 $3,500,000 $2,671,825 $3,090,913 $3,120,063 $1,078.87 $731.68 $926.65 $918.64 Price Sqft Bath Br YrBuilt City Address Sale Type Closed LSqft $/Sqft CDOM COE Date 12673 Bluff Creek DR STD PLV 2019 3 4 2,624 $2,671,825 9,379 35/35 08/26/2022 $1,018.23 5825 W. Seaglass Circle STD PLV 2014 4 4 2,757 $2,750,000 37,434 95/95 03/14/2023 $997.46 13015 Discovery Creek Dr STD PLV 2005 3 4 3,820 $2,795,000 80,189 23/23 04/19/2023 $731.68 5834 Seahorse CT STD PLV 2014 3 4 2,632 $2,810,000 38,691 21/21 06/14/2023 $1,067.63 12667 Bluff Creek DR STD PLV 2019 4 4 2,688 $2,900,000 10,778 44/44 05/26/2023 $1,078.87 13017 Discovery Creek STD PLV 2005 3 4 3,880 $3,000,000 80,189 10/10 06/20/2023 $773.20 13076 Kiyot WY STD PLV 2006 5 5 3,830 $3,240,125 38,462 0/0 11/21/2022 $845.99 12638 Sunrise PL STD PLV 2018 5 4 3,639 $3,249,000 9,981 5/29 03/08/2022 $892.83 12650 Sunrise PL STD PLV 2018 3 5 3,639 $3,300,000 10,024 23/23 11/07/2022 $906.84 12654 Millennium DR STD PLV 4 5 $3,375,000 0 0/0 05/18/2022 12618 Millennium DR STD PLV 2019 5 4 3,639 $3,500,000 11,601 0/0 06/07/2022 $961.80 12868 Hammock LN STD PLV 2014 5 6 3,810 $3,500,000 13,934 0/0 05/13/2022 $918.64 $3,500,000 $2,671,825 $3,090,913 $3,120,063 95 0 23 22 Maximum: Minimum: Average: Median: 3,880 2,624 3,360 3,639 80,189 0 28,389 12,768 $1,078.87 $731.68 $926.65 $918.64 5 3 4 4 6 4 4 4 Criteria: Listing Id is one of 22200857, 22220153, 23252777, 23245495, OC23055550, 23232671, TR22239015, 22174225, 22164401, 22131813, 22172127, 22157109 Property Type is 'Residential'

Net Sheet #1

The provided property valuation is an estimate based on available data, including comparable sales and the last MLS listing. It is not an official estimate and may change with additional information on the property's condition and upgrades. Market fluctuations can also impact its value.

Charles Fisher | RE/MAX Estate Properties
Scenario 1 Debits Credits Proposed Price $3,400,000 Present Mortgage Payoff (-) County Taxes ($5,151.34) County Transfer Tax ($3,740) City Transfer Tax ($15,300) Title Fees ($5,292) Escrow Fees ($8,265) Cert. of Compliance to LA Dept. Water ($15) HOA Document Fees ($450) HOA Document Fees (PVPAL) ($510) HOA Dues (PVPAL) ($200) HOA Transfer Fee ($250) Home Warranty Plan Estimated ($550) Natural Hazard Disclosure Estimated ($79) Notary & Signing Fee ($45) City Report Fee ($72.76) Retrofitting (If Applicable) ($200) Listing Broker Fee (2.5%) ($85,000) Seller Broker Fee (2.5%) ($85,000) Subtotals: $210,120.10 $3,400,000 Estimated Equity To Seller $3,189,879.90
$3,400,000

More Information

Table Of Contents

• Understanding Living Trusts

• Life Of An Escrow

• Who Pays What?

• Closing Costs

• Understanding Title Insurance

• The Preliminary Report

• Understanding Home Warranty

• Terms

Charles Fisher | RE/MAX Estate Properties
Charles Fisher | RE/MAX Estate Properties

Understanding Living Trusts

Estate planners often recommend “Living Trusts” as a viable option when contemplating the manner in which to hold title to real property. When a property is held in a Living Trust, title companies have particular requirements to facilitate the transaction. While not comprehensive, following are answers to many commonly asked questions. If you have questions that are not answered below, your title company representative may be able to assist you, however, one may wish to seek legal counsel.

Who are the Parties to a Trust?

A typical trust is the family trust in which the husband and wife are the trustees and, with their children, the beneficiaries. Those who establish the trust and transfer their property into it are known as trustors or settlors. The settlors usually appoint themselves as trustees and they are the primary beneficiaries during their lifetime. After their passing, their children and grandchildren usually become the primary beneficiaries if the trust is to survive, or the beneficiaries receive distributions directly from the trust if it is to close out.

What is a Living Trust?

Sometimes called an Inter-vivos Trust, the Living Trust is created during the lifetime of the settlors (as opposed to being created by their wills after death) and usually terminates after they die and the body of the trust is distributed to their beneficiaries.

Can a Trust Hold Title to Real Property?

No. The trustee holds the property on behalf of the trust.

Is a Trust the Best Way to Hold My Property?

Only your attorney or accountant can answer the question; some common reasons for holding property in a trust are to minimize or postpone death taxes, to avoid a time consuming probate, and to shield property from attack by certain unsecured creditors.

What Taxes Can I Avoid by Putting My Property in Trust?

Married persons can usually exempt a significant part of their assets from taxation and may postpone taxes after the first of them to die passes. You should check with your attorney or accountant before taking any action.

Can I Homestead Property Which is Held in a Trust?

Yes, if the property otherwise qualifies.

Can a Trustee Borrow Money Against the Property?

A trustee can take any action permitted by the terms of the trust, and the typical Trust Agreement does give the trustee the authority to borrow and encumber real property. However, not all lenders will lend on a property held in trust, so check with your lender first.

Can Someone Else Hold Title For Me “In Trust?”

Some people who do not wish their names to show as titleholders make private arrangements with a third party trustee; however, such an arrangement may be illegal, and is always inadvisable because the trustee of record is the only one who is empowered to convey, or borrow against, the property, and a title insurer cannot protect you from a trustee who is not acting in accordance with your wishes despite the existence of a private agreement you have with the trustee.

The information contained in this flyer has been supplied by CLTA: www.clta.org

Charles Fisher | RE/MAX Estate Properties
07100970320 TEAM BEN AND GRANT BEN HSU VICE PRESIDENT, SALES 310.435.8951 | bhsu@firstam.com GRANT ALLEY VICE PRESIDENT, SALES 310.493.8438 | galley@firstam.com www.firstamlosangeles.com/benandgrant First American Title Insurance Company, and the operating divisions thereof, make no express or implied warranty respecting the information presented and assume no responsibility for errors or omissions. First American, the eagle logo, First American Title, and firstam.com are registered trademarks or trademarks of First American Financial Corporation and/or its affiliates. ©2022 First American Financial Corporation and/or its affiliates. All rights reserved. NYSE: FAF

The Life Of An Escrow

THE SELLER

THE ESCROW OFFICER

THE LENDER

Chooses a Real Estate Agent

Gets pre-approval letter from Lender and provides to Real Estate Agent.

Makes offer to purchase. Upon acceptance, opens escrow and deposits earnest money.

Finalizes loan application with Lender. Receives a Loan Estimate from Lender.

Completes and returns opening package from First American Title.

Schedules inspections and evaluates findings. Reviews title commitment/ preliminary report.

Provides all requested paperwork to Lender (bank statements, tax returns, etc.)

All invoices and final approvals should be to the lender no later than 10 days prior to loan consummation.

Lender (or Escrow Of ficer) prepares CD and delivers to Buyer at least 3 days prior to loan consummation.

Escrow of ficer or real estate agent contacts the buyer to schedule signing appointment.

Buyer consummates loan, executes settlement documents, & deposits funds via wire transfer.

Documents are recorded and the keys are delivered!

Chooses a Real Estate Agent

Accepts Buyer’s offer to purchase.

Completes and returns opening package from First American Title, including information such as forwarding address, payoff lender contact information and loan numbers.

Orders any work for inspections and/or repairs to be done as required by the purchase agreement.

Escrow of ficer or real estate agent contacts the seller to schedule signing appointment.

Documents are recorded and all proceeds from sale are received.

Upon receipt of order and earnest money deposit, orders title examination.

Requests necessary information from buyers and sellers via opening packages.

Reviews title commitment / preliminary report.

Upon receipt of opening packages, orders demands for payoffs. Contacts buyer or seller when additional information is required for the title commitment/ preliminary report.

All demands, invoices, and fees must be collected and sent to lender at least 10 days prior to loan consummation.

Coordinates with lender on the preparation of the CD.

Reviews all documents, demands, and instructions and prepares settlement statements and any other required documents.

Schedules signing appointment and informs buyer of funds due at settlement.

Once loan is consummated, sends funding package to lender for review.

Prepares recording instructions and submits docs for recording.

Documents are recorded and funds are disbursed. Issues final settlement statement.

Accepts Buyer’s application and begins the qualification process. Provides Buyer with Loan Estimate.

Orders and reviews title commitment / preliminary report, property appraisal, credit report, employment and funds verification.

Collects information such as title commitment / preliminary report, appraisal, credit report, employment and funds verification. Reviews and requests additional information for final loan approval.

Underwriting reviews loan package for approval.

Coordinates with Escrow Of ficer on the preparation of the Closing Disclosure, which is delivered to Buyer at least 3 days prior to loan consummation.

Delivers loan documents to escrow.

Upon review of signed loan documents, authorizes loan funding.

Practices vary by state and are subject to local laws and customs.

Charles Fisher | RE/MAX Estate Properties CA Buyers Guide | 6
THE BUYER

WHO PAYS WHAT? A GUIDE TO CLOSING COSTS IN CALIFORNIA WHAT TO EXPECT AT THE ESCROW CLOSING

THE SELLER CAN GENERALLY EXPECT TO PAY FOR Real

ALTA Owners Title Insurance Policy (varies by county)

Escrow fee (varies by county)

Seller’s portion of sub-escrow fees

Notary fees

Document transfer tax ($1.10 per $1,000 of sales price)

Any loan fees required by buyer’s lender

Payoff of all loans in seller’s name (or existing loan balance if being assumed by buyer)

Interest accrued to payoff lender, statement fees, reconveyance fees and prepayment penalties

Any judgments, tax liens, etc., against the seller

Recording charges to clear all documents of record against the seller

Any and all delinquent taxes

Tax proration (for any taxes unpaid at the time of transfer of title)

Any unpaid homeowner’s dues

THE BUYER CAN GENERALLY EXPECT TO PAY FOR ALTA Loan Title Insurance Policy

Escrow fee (varies by county)

Buyer’s portion of sub-escrow fees

Notary fees

Recording charges for all documents in buyers’ names

All new loan charges (except those required by lender for seller to pay)

Interest on new loan from date of funding to one month prior to first payment date

Assumption/change of records fees for takeover of existing loan

Beneficiary statement fee for assumption of existing loan

Tax-proration (from date of acquisition)

Homeowner’s transfer fee

Inspection fees (roofing, geological, property inspection, etc.)

Fire insurance premium for first year

Charles Fisher | RE/MAX Estate Properties 07133591016
This information is reflective of customary practice only. Actual fees will be charged as per the terms of the contract.
estate commission
NEGOTIATED UNDER CONTRACT OR DEPENDENT ON LOCAL CUSTOM Title Policy Fees Escrow fees Any city transfer/conveyance tax Termite inspection Termite work Home warranty Any bonds or assessments TEAM BEN AND GRANT BEN HSU VICE PRESIDENT, SALES 310.435.8951 | bhsu@firstam.com GRANT ALLEY VICE PRESIDENT, SALES 310.493.8438 | galley@firstam.com www.firstamlosangeles.com/benandgrant First American Title Insurance Company, and the operating divisions thereof, make no express or implied warranty respecting the information presented and assume no responsibility for errors or omissions. First American, the eagle logo, First American Title, and firstam.com are registered trademarks or trademarks of First American Financial Corporation and/or its affiliates. ©2023 First American Financial Corporation and/or its affiliates. All rights reserved. NYSE: FAF

CLOSING COSTS: WHO PAYS WHAT IN CALIFORNIA

These Closing Costs are reflective of current customary practices within the state of California and all items are subject to change without notice.

Charles
| RE/MAX Estate Properties COUNTY CONTACT ESCROW CHARGES/FEES TITLE FEE (OWNER'S POLICY) COUNTY TRANSFER TAX PER THOUSAND Alameda 510.272.6362 / 888.280.7708 / www.co.alameda.ca.us Buyer Buyer Seller - $1.10 CITY TRANSFER TAX Split - Buyer/Seller: Alameda $12.00/$1,000 Albany $15.00/$1.000 Berkeley Full Value of $1,800,000 or less, 1.5%, ($15.00 per $1,000.00) | Full Value Above $1,800,000, 2.5%, ($25.00 per $1,000.00) Emeryville Full value less than $1,000,000, 1.2% ($12.00 per $1,000.00) | Full value $1,000,000 to $2,000,000, 1.5% ( $15.00 per $1,000.00) | Full value $2,000,000 and above, 2.5% ($25.00 per $1,000.00 Hayward Increased to $8.50 per $1,000.00 of Full Value Oakland Full Value of $300,000 or less, 1%, ($10.00 per $1,000.00) | Full Value $300,001 to $2,000,000, 1.5%, ($15.00 per $1,000.00) Full Value $2,000,001 to $5,000,000, 1.75%, ($17.50 per $1,000.00) | Full Value Above $5,000,000, 2.5%, ($25.00 per $1,000.00) Piedmont $13.00/$1,000 San Leandro $11.00/$1,000 Alpine 530.694.2286 / www.co.alpine.ca.us Split - Buyer/Seller Buyer Seller - $1.10 Amador 209.223.6468 / www.co.amador.ca.us Split - Buyer/Seller Buyer Seller - $1.10 Butte 530.538.7691 / www.buttecounty.net Split - Buyer/Seller Split - Buyer/Seller Seller - $1.10 Calaveras 209.754.6372 / www.co.calaveras.ca.us/cc Split - Buyer/Seller Split - Buyer/Seller Seller - $1.10 Colusa 530.458.0500 / www.colusacountyclerk.com Split - Buyer/Seller Split - Buyer/Seller Seller - $1.10 Contra Costa 925.335.7900 / www.co.contra-costa.ca.us Buyer Buyer Seller - $1.10 CITY TRANSFER TAX Split - Buyer/Seller: Richmond Full Value $100 to $999,999 0.70% ($7.00 per $1,000.00) | Full Value $1,000,000 to $2,999,999 1.25% ($12.50 per $1,000.00) Full Value $3,000,000 to $9,999,999 2.50% ($25.00 per $1,000.00) | Full Value $10,000,000 and Above 3.00% ($30.00 per $1,000.00 El Cerrito $12.00 per $1,000.00 of Full Value Del Norte 707.464.7216 / www.co.del-norte.ca.us Split - Buyer/Seller Split - Buyer/Seller Seller - $1.10 El Dorado 530.621.5490 / co.el-dorado.ca.us Split - Buyer/Seller Split - Buyer/Seller Seller - $1.10 Fresno 559.488.3534 / www.co.fresno.ca.us Split - Buyer/Seller Seller Seller - $1.10 Glenn 530.934.6412 / www.countyofglenn.net Split - Buyer/Seller Split - Buyer/Seller Seller - $1.10 Humboldt 707.445.7593 / co.humboldt.ca.us Split - Buyer/Seller Seller Seller - $1.10 Imperial 760.482.4272 / www.co.imperial.ca.us Split - Buyer/Seller Split - Buyer/Seller Seller - $1.10 Inyo 760.878.0222 / www.inyocounty.us Split - Buyer/Seller Seller Seller - $1.10 Kern 661.868.6400 / www.co.kern.ca.us Split - Buyer/Seller Seller Split: Ridgecrest Seller - $1.10 Kings 559.582.2311 Ext. 2470 / ww.countyofkings.com Split - Buyer/Seller Seller Seller - $1.10 Lake 707.263.2293 / www.co.lake.ca.us Buyer Buyer Seller - $1.10 Lassen 530.251.8234 / www.lassencounty.org Split - Buyer/Seller Split - Buyer/Seller Seller - $1.10 Los Angeles 800.815.2666 / lacounty.gov Split - Buyer/Seller Seller Seller - $1.10 CITY TRANSFER TAX Culver City $4.50/$1,000 Los Angeles $4.50/$1,000 Pomona $2.20/$1,000 Redondo Beach $2.20/$1,000 Santa Monica $3.00/$1,000 Madera 559.675.7720 / www.madera-county.com Split - Buyer/Seller Split - Buyer/Seller Seller - $1.10 Marin 415.499.6092 / www.co.marin.ca.us Buyer Buyer Seller - $1.10 CITY TRANSFER TAX Seller pays: San Rafael $2.00/$1,000 Mariposa 209.966.2332 / www.mariposacounty.org Split - Buyer/Seller Split - Buyer/Seller Seller - $1.10 Mendocino 707.234.6823 / www.co.mendocino.ca.us Buyer Buyer Seller - $1.10 Merced 209.385.7501 / www.co.merced.ca.us Split - Buyer/Seller Split - Buyer/Seller Seller - $1.10
Fisher
BEN
310.435.8951
SALES 310.493.8438
TEAM BEN AND GRANT
HSU VICE PRESIDENT, SALES
| bhsu@firstam.com GRANT ALLEY VICE PRESIDENT,
| galley@firstam.com www.firstamlosangeles.com/benandgrant

Understanding Title Insurance

The Title Industry & Title Insurance in Brief

Prior to the development of the title industry in the late 1800s, a home-buyer received a grantor’s warranty, attorney’s title opinion, or abstractor’s certi cate as assurance of home ownership. The buyer relied on the nancial integrity of the grantor, attorney, or abstractor for protection. Today, home-buyers look primarily to title insurance to provide this protection. Title insurance companies are regulated by state statute. They are required to post nancial guarantees to ensure that any claims will be paid in a timely fashion. They also must maintain their own “title plants” which house duplicates of recorded deeds, mortgages, plats, and other pertinent county property records.

WHAT IS TITLE INSURANCE?

Title insurance provides coverage for certain losses due to defects in the title that, for the most part, occurred prior to your ownership. Title insurance protects against defects such as prior fraud or forgery that might go undetected until after closing and possibly jeopardize your ownership and investment.

WHY IS TITLE INSURANCE NEEDED?

Title insurance insures buyers against the risk that they did not acquire marketable title from the seller. It is primarily designed to reduce risk or loss caused by defects in title from the past. A loan policy of title insurance protects the interest of the mortgage lender, while an owner’s policy protects the equity of you, the buyer, for as long as you or your heirs (in certain policies) own the real property.

WHEN IS THE PREMIUM DUE?

You pay for your owner’s title insurance policy only once, at the close of escrow. Who pays for the owner’s policy and loan policy varies depending on local customs.

Charles Fisher | RE/MAX Estate Properties CA Buyers Guide | 10

THE PRELIMINARY REPORT

Once you’ve opened escrow on a property, you will receive a preliminary report that describes the terms under which a title insurance policy will be issued for a specific parcel of land. It’s important to review this report so you understand any exceptions or exclusions from the title policy prior to completing your purchase.

WHAT IS A PRELIMINARY REPORT?

A preliminary report shows the ownership of a specific parcel of land, together with the liens and encumbrances tied to the property that will not be covered under a subsequent title insurance policy.

WHAT ROLE DOES A PRELIMINARY REPORT PLAY IN THE REAL ESTATE PROCESS?

While every property will have some exceptions, certain exceptions must be removed before a title policy can be issued. The preliminary report provides an opportunity for the parties to the real estate transaction and their agents to review and discuss items referenced in the report that are objectionable to the buyer prior to purchase.

WHEN AND HOW IS THE PRELIMINARY REPORT PRODUCED?

Shortly after escrow opens, the title company will begin assembling and reviewing certain recorded matters related to the property and the parties to the transaction. This may include things like a deed of trust recorded against the property or a lien recorded against the buyer or seller for an unpaid court award or unpaid taxes. These recorded matters are then listed numerically as “exceptions” in the preliminary report.

Charles Fisher | RE/MAX Estate Properties 07220120519
TEAM BEN AND GRANT BEN HSU VICE PRESIDENT, SALES 310.435.8951 | bhsu@firstam.com GRANT ALLEY VICE PRESIDENT, SALES 310.493.8438 | galley@firstam.com www.firstamlosangeles.com/benandgrant ©2023 First American Financial Corporation and/or its affiliates. All rights reserved. NYSE: FAF First American Title Insurance Company, and the operating divisions thereof, make no express or implied warranty respecting the information presented and assume no responsibility for errors or omissions. First American, the eagle logo, First American Title, and firstam.com are registered trademarks or trademarks of First American Financial Corporation and/or its affiliates.

THE PRELIMINARY REPORT

WHAT SHOULD I LOOK FOR WHEN READING MY PRELIMINARY REPORT?

You will be primarily interested in the extent of your ownership rights, so rst review the ownership interest in the property you will be buying. The name of the owner of record shown in the report should match the name of the seller on your transaction. If the names don’t match, contact your escrow or title of cer. You will also see the statement of vesting, which shows the form of the owner’s interest in the real property. “Fee” or “fee simple” is the highest type of ownership interest an owner can have. In some transactions, the interest might be a lease hold estate.

Next, you’ll see a reference to the legal description of the property, which is typically included in a separate schedule. There may also be a plat map or assessor’s map illustrating the location of the property.

Finally, the report will re ect the exceptions, or those matters that will not be covered by the title insurance policy. Any transfer or encumbrance of this property will be subject to these exceptions unless steps are taken to eliminate them. Common exceptions include:

Claims by creditors who have liens or liens for payment of taxes or assessments

Rules and regulations known as covenants, conditions and restrictions (CC&Rs) that must be followed by every homeowner in a covered community

Easements that give another party a right or interest in a property, such as providing a utility company access to install and maintain equipment or allowing a neighbor to cross over the property to gain access to their property

A deed of trust for any existing loan against the property

Every title insurance policy will also contain an exhibit that lists exclusions from coverage. While the exceptions above are generally related to the subject property, exclusions are preprinted limitations on coverage that are included in all policies of the same type. It’s important to review this section, as it sets forth matters that will not be covered by your title insurance policy but that you may wish to investigate, such as governmental laws or regulations governing building and zoning.

If you have questions about the preliminary report, contact your title representative or escrow of cer.

IS A PRELIMINARY REPORT THE SAME THING AS TITLE INSURANCE?

No. A preliminary report is simply a statement of terms and conditions of the offer to issue a title insurance policy; it is not a representation as to the condition of title. No contract or liability exists until the title insurance policy is issued.

Charles Fisher | RE/MAX Estate Properties

Understanding Home Warranty

A home warranty plan covers a variety of mechanical, electrical, and plumbing items, as well as some appliances. Optional coverage may be available for additional items such as air conditioners, refrigerators, pools, and spas.

The seller may purchase a home warranty plan prior to sale to protect against repairs needed during the listing period, and the buyer may be able to assume the plan at the close of escrow. Or the seller may offer to purchase a home warranty plan for the buyer. Offering a home warranty plan may provide these bene ts:

Increase the marketability of your home by reassuring potential buyers

Help sell your home faster and at a higher price

Ward off potential disputes after the sale for repair and/or replacement of covered items

Most home warranty plans can be paid for at the close of escrow. A copy of the invoice is presented to the escrow company.

Understanding the Appraisal Process

If the buyer is securing a new loan to purchase your home, the buyer’s lender will require an appraisal to determine the fair market value of the property. A licensed appraiser will research nearby houses that have sold recently, usually in the last six months, and are similar to yours in size, age, construction, and amenities.

The appraiser will make an appointment to see your home and will take about 30 minutes to an hour to look over the property. He or she will measure your home, draw a representative oor plan, take photographs inside and out, and review the property’s condition, speci c improvements, and amenities.

The appraiser will provide a typed appraisal report to the buyer’s lender within a few days after visiting your property. You will be noti ed if the lender requires repairs before they will lend on your home. If repairs are required, the appraiser will have to return to review the repairs and a re-inspection fee may be charged.

Understanding the Escrow Process

An escrow is a process wherein the buyer and seller deposit written instructions, documents, and funds with a neutral third party until certain conditions are ful lled. It enables the parties to the escrow to deal with each other without risk, provides an accounting of all the funds deposited in the escrow, and provides the buyer and the seller with a settlement statement. In a real estate transaction, the buyer does not pay the seller directly for the property. The buyer deposits the funds to an escrow holder. The escrow holder, acting as a neutral third party, veri es that a title insurance policy can be issued pursuant to the terms of the contract. Then, the escrow holder arranges for the documents transferring title to the property to the buyer to be recorded, for the issuance of the title policy, pays any liens and all the costs associated with the sale that are chargeable to the buyer and seller, and disburses the sales proceeds to the seller. If the buyer gets a new loan, then the lender’s money is deposited into the escrow and the lender’s security documents are recorded at the same time as the deed.

CA Sellers Guide | 7

Consider This

One escrow transaction could involve more than 20 individuals, including real estate agents, buyers, sellers, attorneys, escrow of cer, escrow technician, title of cer, loan of cer, loan processor, loan underwriter, home inspector, termite inspector, insurance agent, home warranty representative, contractor, roofer, plumber, pool service, and so on. And often, one transaction depends on another. When you consider the number of people involved, you can imagine the opportunities for delays and mishaps. Your experienced escrow team can’t prevent unforeseen problems from arising; however, they can help smooth out the process.

Terms You Should Know

Appraisal

An estimate of value of property resulting from analysis of facts about the property; an opinion of value.

Annual Percentage Rate (APR)

The borrower’s costs of the loan term expressed as a rate. This is not their interest rate.

Bene ciary

The recipient of benefi ts, often from a deed of trust; usually the lender.

Closing Disclosure (CD)

Closing Disclosure form designed to provide disclosures that will be helpful to borrowers in understanding all of the costs of the transaction. This form will be given to the consumer three (3) business days before closing.

Close of Escrow

Generally the date the buyer becomes the legal owner and title insurance becomes effective.

Comparable Sales

Sales that have similar characteristics as the subject real property, used for analysis in the appraisal. Commonly called “comps.”

Consummation

Occurs when the borrower becomes contractually obligated to the creditor on the loan, not, for example, when the borrower becomes contractually obligated to a seller on a real estate transaction. The point in time when a borrower becomes contractually obligated to the creditor on the loan depends on applicable State law. Consummation is not the same as close of escrow or settlement.

Deed of Trust

An instrument used in many states in place of a mortgage.

Deed Restrictions

Limitations in the deed to a parcel of real property that dictate certain uses that may or may not be made of the real property.

Disbursement Date

The date the amounts are to be disbursed to a buyer and seller in a purchase transaction or the date funds are to be paid to the borrower or a third party in a transaction that is not a purchase transaction.

Earnest Money Deposit

Down payment made by a purchaser of real property as evidence of good faith; a deposit or partial payment.

Easement

A right, privilege or interest limited to a specific purpose that one party has in the land of another.

Endorsement

As to a title insurance policy, a rider or attachment forming a part of the insurance policy expanding or limiting coverage.

Hazard Insurance

Real estate insurance protecting against fire, some natural causes, vandalism, etc., depending upon the policy. Buyer often adds liability insurance and extended coverage for personal property.

Impounds

A trust type of account established by lenders for the accumulation of borrower’s funds to meet periodic payments of taxes, mortgage insurance premiums and/or future insurance policy premiums, required to protect their security.

Legal Description

A description of land recognized by law, based on government surveys, spelling out the exact boundaries of the entire parcel of land. It should so thoroughly identify a parcel of land that it cannot be confused with any other.

Lien

A form of encumbrance that usually makes a specific parcel of real property the security for the payment of a debt or discharge of an obligation. For example, judgments, taxes, mortgages, deeds of trust.

Loan Estimate (LE)

Form designed to provide disclosures that will be helpful to borrowers in understanding the key features, costs and risks of the mortgage loan for which they are applying. Initial disclosure to be given to the borrower three (3) business days after application.

Mortgage

The instrument by which real property is pledged as security for repayment of a loan.

PITI

A payment that includes Principal, Interest, Taxes, and Insurance.

Power of Attorney

A written instrument whereby a principal gives authority to an agent. The agent acting under such a grant is sometimes called an “Attorney-in-Fact.”

Recording

Filing documents affecting real property with the appropriate government agency as a matter of public record.

Settlement Statement

Provides a complete breakdown of costs involved in a real estate transaction.

TRID

TILA-RESPA Integrated Disclosures

CA Sellers Guide | 4
310.902.7214 Charles@FisherRealEstate.com www.FisherRealEstate.com Lic #: 01731424 Charles Fisher Thank You

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