NOT LISTED FOR SALE

Estimated Value: $3,059,000 - $5,289,000

3 Beds
3 Baths
1,996 Sq Ft
$2,045/Sq Ft Est. Value

About This Home

This home is located at 1007 Ocean Ave Unit 401, Santa Monica, CA 90403 and is currently estimated at $4,082,505, approximately $2,045 per square foot. 1007 Ocean Ave Unit 401 is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Lincoln Middle School, and Santa Monica High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2022
Sold by
Landes Robert H
Bought by
Landes Bypass Trust
Current Estimated Value
$4,082,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,498,154
Outstanding Balance
$1,436,162
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$2,646,343

Purchase Details

Closed on
Mar 21, 2019
Sold by
Menkes Gabriel and Fram Arnold
Bought by
Landes Robert H

Purchase Details

Closed on
Dec 20, 2002
Sold by
Nanji Zarina
Bought by
Nanji Zarina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,000
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 29, 1997
Sold by
Kennedy Hanna M
Bought by
Kennedy Hanna Menkes and The Jack & Hanna Kennedy Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,600
Interest Rate
6.75%

Purchase Details

Closed on
Sep 25, 1997
Sold by
Kennedy Hanna M Tr
Bought by
Kennedy Hanna Menkes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,600
Interest Rate
6.75%

Purchase Details

Closed on
Sep 22, 1995
Sold by
Kennedy Hanna Menkes
Bought by
Kennedy Wm John and Kennedy Hanna Menkes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
7.97%

Purchase Details

Closed on
Jan 23, 1995
Sold by
Kennedy Anna Menkes
Bought by
Kennedy Wm John and Kennedy Hanna Menkes
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Landes Bypass Trust -- Withers Bergman Llp
Landes Robert H $3,325,000 Wfg National Title Company
Nanji Zarina -- First American Title Co
Kennedy Hanna Menkes -- Fidelity Title
Kennedy Hanna Menkes -- Fidelity Title
Kennedy Wm John -- --
Kennedy Wm John -- --
Kennedy Wm John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landes Bypass Trust $1,498,154
Previous Owner Kennedy Hanna Menkes $299,000
Previous Owner Kennedy Hanna Menkes $307,000
Previous Owner Kennedy Hanna Menkes $398,000
Previous Owner Kennedy Hanna Menkes $398,000
Previous Owner Kennedy Hanna Menkes $398,000
Previous Owner Kennedy Hanna Menkes $400,000
Previous Owner Kennedy Hanna M $402,000
Previous Owner Kennedy Hanna M $402,000
Previous Owner Kennedy Hanna Menkes $406,600
Previous Owner Kennedy Wm John $408,000
Source: Public Records

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
2025 $42,651 $3,709,097 $1,478,061 $2,231,036
2024 $42,651 $3,636,371 $1,449,080 $2,187,291
2023 $41,970 $3,565,070 $1,420,667 $2,144,403
2022 $41,469 $3,495,167 $1,392,811 $2,102,356
2021 $40,484 $3,426,635 $1,365,501 $2,061,134
2019 $12,830 $1,041,950 $416,778 $625,172
2018 $11,669 $1,021,520 $408,606 $612,914
2016 $11,625 $981,856 $392,741 $589,115
2015 $11,096 $967,108 $386,842 $580,266
2014 $10,934 $948,165 $379,265 $568,900
Source: Public Records

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