NOT LISTED FOR SALE

1003 Pier Ave Santa Monica, CA 90405

Sunset Park Neighborhood

Estimated Value: $2,470,670 - $2,974,000

3 Beds
2 Baths
1,588 Sq Ft
$1,649/Sq Ft Est. Value

Last Sold May 22, 2017

Last sale price $1,775,000 $1,118 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $16,517/month

16 Days on Market

Highlights

  • Ocean View
  • In Ground Spa
  • Wood Flooring
  • Will Rogers Elementary Rated A
  • Contemporary Architecture
  • No HOA

About This Home

As of May 2017

Perched atop a hill, this contemporary architectural home offers spectacular city and ocean views from its prime Sunset Park bordering Ocean Park location. The open floor plan, high ceilings, beaming natural light from skylights, and hardwood flooring/carpet throughout create a wonderful warm, open, yet cozy feel. The kitchen is complete with stainless appliances and granite countertops. Upstairs, the spacious master bedroom has its own balcony overlooking the lush private backyard and spa. On the main floor, the 2nd bedroom gets plenty of sunlight from french doors opening to greenery and the tranquil backyard. The third bedroom has been opened to the living room and is presently being used as an office/den. Can be converted back to 3rd bedroom. This light and bright room opens to the luxurious front deck, perfect for relaxing and taking in the view. Detached one car garage. Blocks to Whole Foods, Main St, Rose Ave and more. Don't miss this amazing home with a great vibe!

Last Agent to Sell the Property

Megan Whalen

Compass License #01374178 Listed on: 04/07/2017

Compass

Last Buyer's Agent

Barry Cassilly

Power Brokers License #01316204

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,121

Year Built

  • Built in 1927

Lot Details

  • 4,755 Sq Ft Lot
  • Property is zoned SMR2*

Parking

  • 1 Covered Space

Property Views

  • Ocean
  • City

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,588 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • In Ground Spa
  • Open Patio

Utilities

  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4285-028-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,121

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 1588
  • Stories: 1
  • Year Built: 1927
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood, Laminate
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Kitchen
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1038.41

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa: Hot Tub, In Ground
  • Spa Yn: Yes
  • View: City, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Garage - 1 Car

Utilities

  • Cooling: Ceiling Fan
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4285-028-020
  • Geocode Override: No
  • Lot Size Area: 4755

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2017
Closed on
Apr 27, 2017
Sold by
Schwab Theodore
Bought by
Bauer Floris Christaan
Seller's Agent
Megan Whalen
Compass
Buyer's Agent
Barry Cassilly
Power Brokers
List Price
$1,649,000
Sold Price
$1,775,000
Premium/Discount to List
$126,000
7.64%
Current Estimated Value
$2,619,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$844,168
Avg. Annual Appreciation
4.22%
Original Mortgage
$1,420,000
Outstanding Balance
$1,167,179
Interest Rate
3.33%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,321,664

Purchase Details

Closed on
Oct 28, 2014
Sold by
Kak Real Estate Llc
Bought by
Schwab Theodore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 1, 2013
Sold by
Krieser Kevin E
Bought by
Kak Real Estate Llc

Purchase Details

Closed on
Nov 6, 2012
Sold by
Krieser Kevin
Bought by
Krieser Kevin E and Krieser Allison J

Purchase Details

Closed on
Nov 3, 2009
Sold by
Pack Daniel A
Bought by
Krieser Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2006
Sold by
Pack Daniel A
Bought by
Pack Daniel A and Pack Linda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2003
Sold by
Pack Linda C
Bought by
Pack Daniel A and Pack Linda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 1998
Sold by
Padnick Della R
Bought by
Cuscino Linda M

Purchase Details

Closed on
Dec 1, 1998
Sold by
Padnick Daniel C
Bought by
Cuscino Linda M
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bauer Floris Christaan $1,775,000 Fidelity Sherman Oaks
Schwab Theodore $1,400,000 Fidelity National Title
Kak Real Estate Llc -- None Available
Krieser Kevin E -- None Available
Krieser Kevin $915,000 Equity Title Company
Pack Daniel A -- Accommodation
Pack Daniel A -- Southland Title Corporation
Pack Daniel A -- Commonwealth Land Title Co
Cuscino Linda M -- --
Cuscino Linda M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bauer Floris Christaan $1,420,000
Previous Owner Schwab Theodore $1,000,000
Previous Owner Krieser Kevin E $696,075
Previous Owner Krieser Kevin $729,750
Previous Owner Pack Linda C $50,000
Previous Owner Pack Daniel A $820,000
Previous Owner Pack Daniel A $120,000
Previous Owner Pack Daniel A $626,700
Previous Owner Pack Daniel A $600,000
Previous Owner Pack Daniel A $490,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2017 05/22/17 Sold $1,775,000 +7.6% $1,118 / Sq Ft
04/23/2017 04/23/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $1,649,000 -- $1,038 / 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 $24,121 $2,019,641 $1,615,715 $403,926
2023 $23,734 $1,980,041 $1,584,035 $396,006
2022 $23,440 $1,941,218 $1,552,976 $388,242
2021 $22,867 $1,903,156 $1,522,526 $380,630
2019 $22,484 $1,846,710 $1,477,368 $369,342
2018 $21,159 $1,810,500 $1,448,400 $362,100
2016 $16,698 $1,421,350 $1,137,080 $284,270
2015 $16,480 $1,400,000 $1,120,000 $280,000
2014 $13,215 $1,100,900 $950,000 $150,900
Source: Public Records

Agents Affiliated with this Home

  • Megan Whalen

    Seller's Agent in 2017

    Megan Whalen

    Compass

    (310) 613-1102

    24 in this area

    66 Total Sales

    Megan Whalen
    Section Image
  • Barry Cassilly

    Buyer's Agent in 2017

    Barry Cassilly

    Power Brokers

    (310) 930-6222

    11 Total Sales

    Barry Cassilly
    Section Image
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Map

Source: The MLS

MLS Number: 17-218272

The MLS

APN: 4285-028-020

California Los Angeles County Santa Monica 90405 Sunset Park

1003 Pier Ave, Santa Monica, CA

This home is located at 1003 Pier Ave, Santa Monica, CA 90405 since 07 April 2017 and is currently estimated at $2,619,168, approximately $1,649 per square foot. This property was built in 1927. 1003 Pier Ave is a home located in Los Angeles County with nearby schools including Will Rogers Elementary, John Adams Middle School, and Santa Monica High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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